Forest Gate Properties, LLC is an equal housing company. We do not discriminate on the basis of race, color, national origin, sex, religion, marital status, source of income, familial status, handicap or disability. We do discriminate, however on the basis of how one pays the rent, obeys laws, handles professional relationships, treats neighbors and takes care of property. We will perform an investigative consumer report through which we attempt to obtain written, oral or other communication concerning your credit worthiness, character, general reputation, personal characteristics, mode of living as well as verification of income and verification other information you provide on your application. If you feel you meet our criteria, we encourage you to apply.
We have tried to list the criteria by which we evaluate rental applications. Carefully read through it, but keep in mind that the criteria is a guideline and that we do evaluate each application on a case by case basis and reserve the right to make exceptions if, in using our best judgement, we feel the applicant will be a tenant who will pay rent on time, take exceptional care of the property, will not disturb the neighbors and who will abide by all laws and the terms of the rental agreement. Please feel free to provide alternative measures by which we can evaluate your application or add additional comments by email if you feel further explanation of an item on the application will benefit you. WE MUST BE ABLE TO OBTAIN ENOUGH POSITIVE INFORMATION TO BE CONVINCED YOU WILL BE THE TYPE OF TENANT DESCRIBED ABOVE.
Completely fill out each part of the application . We will not consider an incomplete application.
FIRST:
- We must be able to verify all pertinent information. If, after a good faith effort, we are unable to do so, we will move on to the next applicant. It is up to you to provide us with the information we need. We cannot make a decision without the requested information and we will not search for it.
- We need a completed application, credit and background check on each person to occupy the premises who is 18 years of age or older.
- Two forms of ID are required, one must have a picture. We will take a photocopy for the file.
- Providing ANY false information shall be grounds for rejection or subsequent termination of tenancy.
- Within 24-hours of approval, you must either sign a rental agreement and pay the first month’s rent and security deposit or sign an agreement to hold the property and pay the security deposit. We can only hold a property for approximately seven days. Prorated rents shall apply to the second month.
- Initial rental payment and security deposit may not be in the form of a personal check.
CRITERIA:
- CREDIT: We require a strict minimum FICO credit score of 650. Applications with a score below 650 will be automatically denied. Applications will also be automatically denied if the credit report shows active unpaid utility bills, unpaid liens, judgments, collection accounts, or any money owed to a previous landlord.
- INCOME: Total income must be at least 3 times the rental amount. Income may include food stamps, child support or any other legal source of income. We must be able to verify your stated income. If the source is other than employment such as retirement income, public assistance or self-employment, you must provide proof in the form of award letters, income tax returns, or bank statements. We evaluate your income for stability and reliability.
- DEBT: Applications will be automatically denied if total monthly debt obligations exceed 66% of gross monthly income.
- OCCUPANCY: Guidelines are two persons per bedroom. Exceptions may be made based on size & configuration of the unit. Children under the age of two are not considered in the count. We do not rent to more than two family groups per unit regardless of family size.
- RESIDENT HISTORY: Applicants must provide five consecutive years of residential history. A minimum of three years of rental history must be verifiable from independent, non-family landlord sources. Failure to provide this verifiable history will result in automatic denial.
- EVICTIONS: Applications will be automatically denied if the applicant has any record of an eviction filing within the past 7 years.
- COURT/CRIMINAL RECORDS: We will check criminal and other court records. Applications will be automatically denied for any convictions related to the manufacture, distribution, or trafficking of controlled substances. Applications will be automatically denied for any felony or misdemeanor convictions within the past 7 years involving violence against persons, fraud, or property damage. Failure to disclose requested information will result in automatic denial.
- BEHAVIOR: Applications will be automatically denied if the applicant uses profane, threatening, or abusive language toward management during the application process.
- REASONABLE ACCOMMODATION: We attempt to provide reasonable accommodation in rules, policies, practices and services. If you feel you need reasonable accommodation, please ask.
10. EXCEPTIONS: We do not make exceptions to our published criteria. We do not accept co-signers.
11.PETS: In properties allowing pets, you will be required to pay additional fee of $250.00 per pet. Pets are defined as any animal capable of doing property damage or personal injury. We reserve the right to restrict size, breed & number of animals if pets are accepted.
12. SMOKING: Our properties are strictly non-smoking. Applications indicating the applicant is a smoker will be automatically denied.