Rental Qualifications

Individuals: 

Proof of legal, verifiable income is required in at least one form of the items listed below.  Proof of income includes, but is not limited to, the following:

  • Proof of current employment (e.g., three most current paystubs within the last 45 or 90 days, depending on the payment cycle);
  • Prior year tax return (plus three months’ bank statements if self-employed);
  • Proof of receipt of government income (e.g., social security, disability, welfare, unemployment, etc.);
  • Proof of receipt of retirement and/or investment income,
  • Student loan income*, child and/or spousal support; or,
  • Any other legal, verifiable income. 

Gross income equaling 2.4-3.0 times the monthly rent is required. 

In no current income, proof of liquid assets (which includes bank statements with deposits) at 2.4-3.0 times the net rent for the entire lease term is required. 

Positive Rental History:  

The following will be considered for all individual applicants and will result in denial of the application:

  • **Unpaid judgment to prior landlord; or,
  • **Unpaid landlord collections. 

Additionally, the below may result in denial of the application depending on the facts and information regarding the following: 

  • Negative landlord reference from previous landlord indicating damage done to the prior residence;
  • Late payments or returned checks;
  • Balance owed to previous landlord; or,
  • Lease violations.

Guarantors: 

Guarantors may be considered if there is a denial of the application based on negative credit history or lack of credit or verifiable income. Guarantors will not be considered and the application will be automatically denied in the case of unpaid judgments, unpaid landlord collections or failure to pass a criminal screening. 

Proof of legal, verifiable U.S. assets and/or U.S. income and Washington state residency is required in at least one form of the items listed below. Proof of income includes, but is not limited to, the following:

  • Proof of current employment (e.g., three most current paystubs within the last 45 or 90 days, depending on the payment cycle);
  • Prior year tax return;
  • Proof of receipt of government income (e.g., social security, disability, welfare, unemployment, etc.);
  • Proof of receipt of retirement and/or investment income;
  • Student loan income*;
  • Proof of US based assets;
  • Child and/or spousal support; or,
  • Or any other legal, verifiable income. 

Gross income equaling 3.9-5.0 times the monthly rent is required. 

In no current income, proof of liquid assets (which includes bank statements with deposits) at 3.9-5.0 times the net rent for the entire lease term is required. 

Asset verification includes:  A letter of credit or line of credit from a U.S. Financial Institution or a copy of a deed or other evidence of real property ownership in the U.S. 

**Positive Credit History: 

The following will be considered for all applicants, both individuals and guarantors, and will result in denial of the application:

  • Past due negative accounts;
  • Accounts in collections;
  • Foreclosures; or,
  • Open Bankruptcies.

*For student loan income, tuition will be deducted from the total income figure.

**Denials based on credit history or landlord tenant judgments/collections can be disputed directly with our credit screening provider

Criminal Screening Criteria: 

Applicants convicted for certain felony and misdemeanor offenses may not be approved for residency, depending upon the pre-established criteria set by Management. Contact the Leasing Office at the property for which you are applying to verify whether criminal screening applies. 

Tenancy eligibility determinations as a result of criminal screening will be evaluated on a case-by-case basis, and will be based on the following factors and information: 1) the facts of the crime you were convicted of; 2) the actual crime you were convicted of; 3) how much time has passed since the conviction. 

Note that convictions (felonies within the last 7 years, misdemeanors within the last 3 years) will be evaluated in regard to the factors set forth above.  

Management reserves the right to charge additional fees should additional criminal screening be necessary, which shall be paid in full by the applicant prior to the additional screening. 

Washington State communities do not accept reusable (portable) tenant screening reports.