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Application Fee: An application fee of
$30 is required per applicant.
Legally married couples applying jointly are only charged one
application fee of $40. Application
fees are non-refundable, regardless of reason. Income: Applicants must have an income no less than 3X the amount of the rent for which they are applying for. Applicants must provide proof of all income in which they are using to qualify for the property. Criminal Background Check:
A national criminal and sex offender search will be conducted on
all occupants 18 years and older. Applications
will be denied if any occupant has a felony or a violent crime against
another person.
Applicants with serious misdemeanors in the last 5 years will
also be denied. Sex Offenders:
Applicants whose name and DOB matches the registered sex offender
database will not be considered for tenancy. Evictions:
Applicants cannot have had an eviction in the last 7 years. Social Security Number Fraud: Applicants
caught using a social security number not belonging to them will be
automatically denied. Bankruptcies:
All bankruptcies should have been discharged at least 24 months
prior to the date of the application.
Bankruptcies with a discharge date less than 24 months will be
reviewed by a Credit Manager. Foreclosures:
An applicant who has had a foreclosure in the last 2 years will
be considered, but would be required to pay a deposit equal to one
months rent. Judgments:
Applicants with legal judgments against them in the last 5 years
exceeding $1000, will be denied. Property Management Debt:
If an applicant has an outstanding debt with another property
management company in the last 7 years, the applicant may still be
considered upon proof of payment of all outstanding Landlord Debt. Roommates:
‘Roommate’ is defined as any individuals sharing tenancy but
are not legally married. Roommates
are considered upon owner approval.
Each roommate must make 3X the amount of the rent, pay an
application fee, and pay an individual security deposit if approved for
the property. Providing Incorrect Information: Applicants
who supply incorrect information that results in rerunning of an
application will be accessed a $20.00 reprocessing fee. Military Waivers: Military Waivers are accepted based on a case-by-case basis per company approval and credit approval (no accounts in collections). Applicants who have qualified to use a Military Waiver are required to put up the security deposit until their Waiver is issued by the Ft. Hood Housing Office. Military Waivers can not be used when a property is occupied by roommates. To
view a copy of our Privacy Policy, please click
here. |
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Lone Star Realty & Property
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