Qualifying

General Requirements

Every resident at least 18 years old must complete applications in full.
Incomplete, inaccurate, or falsified information will be grounds for denial.
If your application comes back approved with conditions, an additional half to a full month's rent deposit may be required.

Our application process consists of collecting and reviewing the following information:

Fully Completed Rental Application

Identity Verification

A copy of a valid driver's license or photo ID from each adult applicant.
A copy of your Social Security card.

Credit Score

A credit report will be run for every application. While credit scores are important, we are also interested in the things that created the credit score and will take a comprehensive look at the big picture. A less than desirable credit score may be offset by great rental history, solid income, or other verifiable assets.

Employment / Income Verification

You will be required to provide proof of income whether you are employed by a 3rd party, or if you are self-employed. If you are employed by a 3rd party, you will need to provide copies of the following proof of income:

2 recent pay stubs
1 year IRS 1040 tax return
Recent W-2 from your employer

If you are self-employed, you will need to provide copies of the following proof of income:

2 years IRS 1040 tax returns and schedule C or E
3 months of recent bank statements

Rent-to-Income Verification

As a general rule of thumb, your NET monthly income must be a minimum of 3 times the monthly rent.

Eviction Records

If your rental history includes eviction(s), late payments, excessive lease violations, excessive property damage, unauthorized tenants/pets, pest infestations due to tenant negligence, improper notice to vacate, three or more late notices within a 12-month period, noise or nuisance violations, two or more NSF charges, or outstanding balance owed, you will not be approved for a lease at Midpoint Real Estate Services.