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Tenant Qualifications Thank you for your interest in our properties. Be sure to read this page completely BEFORE submitting an application. APPLICATION NOTES
APPLICATION QUALIFICATIONS The acceptability of prospective residents is based on the following criteria:
â Income – Household income must be greater than three (3.5) times (gross) the monthly rent. All income must be verifiable and legal. â Job Stability – One year (1) at the present place of employment or guaranteed job contract. Job must continue to qualify. â Current & Previous Residency Record, Employment History and Personal References – addresses for the previous three (3) years are to be verifiable with a cancelled check/payment made payable to the rental institution. Positive references from all previous landlords, employment history and personal references are required. Applicants may not have any evictions, unpaid judgements or liens against them. Applicants who are not Michigan residents will require a co-signer regardless of income/credit score. â Credit – applicants must exhibit a responsible financial life, with a minimum credit score of 675. â Background Check & Criminal Report – applicants background must exhibit a pattern of responsibility. â Self-employed – self-employed applicants are to be verified by IRS tax returns for previous two (2) years and current bank records. â Salaried/Hourly Employment – verified through the Personnel or Human Resources department and not through a co-worker or immediate supervisor. If it is an owner operated business, verify with the owner only. Must provide three (3) most recent pay stubs. â Social Security # – applicant must have a valid Social Security # to be used on application. â Anyone over the age of 18 residing on the property is required to complete the application process. APPLICATION CONTINGENCIES â If the applicant does not qualify under Job Stability, Income and Rental History, the applicant may add a guarantor who must also meet the above nine (9) criteria and co-sign the lease. A separate application and application fee may be collected from the guarantor. Please provide co-signers name, email address, phone number so we can send the guarantor form for electronic signature. REQUIRED DOCUMENTATION â Copy of valid State issued – Driver's License or State/Federal issued ID. â Copy of last three pay stubs or last two years tax return if self employed & recent bank records verifying balance and income. â Offer letter from local employer (if applicable) â Non-refundable application fee per applicant. (paid online after completing the application). Application is void if payment is returned. â Completion of Animals/Pet waiver (required by all applicants whether you have an animal/pet) – see Animal Registration link below if you have a pet/animal. If you do not click here and complete the form NO PETS OR ANIMALS. PETS / ANIMALS â NOTE: There are breed/size/quantity restrictions on any pets/animals, so please email us with any questions BEFORE applying as your application fees are non-refundable for any reason. Restricted breeds for pets include but are not limited to; Akitas, Malamutes, Bulldogs, Cane Corso, Chows, Doberman Pinschers, German Shepards, Great Danes, Mastiffs, Pit Bulls, Rottweilers, Huskies, Terriers, Wolf Hybrids. Most properties do not allow any pets over 50 lbs. Most properties that allow animals have a maximum of ONE. There are a few properties that allow two. â All animals must be pre-approved. In addition, if approved you will need to complete an animal addendum and pay any associated fees before any animal can enter the property. â If you have animals of any kind – You must register your animal through this link: REGISTER PET HERE You will need (2) two photos of each animal, copies of current immunization records, and veterinary office contact information. Once your animal is registered, it will be reviewed for acceptance criteria by the property owner. All dogs must be licensed in Delta County. A copy of the record/license/tag number from the county must be provided under all circumstances. Please visit the Delta County Treasurer office in the Delta County CourtHouse to obtain a license for your dog. â If approved all animals will require an additional fee. Some animals also require a deposit. Fees/Deposits are based on various criteria including, but not limited to; breed, size, type, and location. Not all properties allow dogs – please view the online property details page for more info. Reasonable accommodation requests may exempt you from some obligations. â No animals under 18 months old. IMPORTANT ADDITIONAL INFORMATION â Your application will not be processed until all documents have been submitted/completed. â If approved for occupancy, you will be notified via email and you will have 24 hours to make a decision to take the property and sign a lease for it. If you agree to accept the property, you will also be required to pay a “holding fee” which will be equal to Security Deposit + Cleaning Fee within 24 hours to Taylored Rentals, LLC. If you do not pay the holding fee within the 24 hours, the agent/owner reserves the right to offer property to the next available approved applicant. Once the holding fee is paid, a lease will be sent electronically to all approved prospects to sign. Once you take occupancy of the property/unit, the holding fee will transfer to your account and be applied to the Security Deposit and Cleaning Fee. Note: If tenants occupancy is after the 20th of the month, the tenant must also pay a prorated amount of the remaining days of that month PLUS the next month's rent. â Prorated Rents will be calculated by taking the monthly rent amount divided by 30 days, and multiplying that by the remaining days in the month. â Density Guidelines – we follow the HUD two (2) person per bedroom guideline whether occupants are adults or children as well as any local/state/federal housing guidelines. â We follow all State, Federal and Local housing laws â In the event of multiple applicants/groups, tenancy will be granted to the most qualified based on the above criteria. â You will be prompted to provide the required documents list above via email AFTER submitting the online application. If you have already submitted an online application but still need to submit your documentation, Click here to email them to our office or you can drop them off in person. â All properties are non-smoking. The possession, use and distribution of marijuana in any form for any reason is strictly prohibited on the property. The new recreational marijuana law in Michigan does not change that. Property owners still have the right to not allow its usage or possession while on property. Renters have no rights under the new Michigan Recreation Usage law. That law only applies to your own property. â Renters Insurance is required for all rentals â Anyone who schedules and cancels two or more different showings will be automatically disqualified. â We will not tolerate any aggressive/threatening behaviors towards our staff or contractors. Any issues will result in automatic disqualification.
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