Rental Application and Credit Check
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Rental Application and Credit Check document sample
Document Sample


500 N. Higgins #208 Missoula, MT 59802
PO Box 8975 Missoula, MT 59807
Phone (406) 549-3929 Fax (406) 829-6644
Website www.rentspm.com
SPM RENTING POLICIES & PROCEDURES
Summit Property Management, LLC. utilizes a consistent thorough screening process of all applicants for
tenancy based on a set of objective criteria listed below. Each person who intends to reside in the subject
Dwelling Unit must submit a separate Rental Application, regardless of familial/marital status or relationship
to any other applicant for tenancy.
There is a $25.00 non-refundable fee per application and an additional $10.00 fee per Co-signer required.
In order for an Applicant to be considered for tenancy, the Applicant must meet the following minimum
requirements.
Dwelling Units are rented to the first approved applicant with the full security deposit paid. A security deposit
will not be accepted until the Rental Application is approved. If your application is approved and your move-in
date is not immediate, a security deposit and first month’s rent will be collected in advance. If you require a
reasonable accommodation or modification, please ask for assistance. Incomplete or falsified applications may
be rejected without further notice.
THE SECURITY DEPOSIT AND FIRST MONTHS RENT MUST BE PAID IN TWO SEPARATE PAYMENTS
BY CASHIER’S CHECK OR MONEY ORDER. CREDIT CARDS ARE ALSO ACCEPTED WITH AN
ADDITIONAL 3.5% CHARGE.
1. RENTAL APPLICATION CRITERIA & CHECK LIST
Please initial next to each completed item. Incomplete applications will not be accepted.
________ Read and complete every page of the application entirely, supply all correct phone #’s, names and
addresses requested and sign where noted. Applicant accepts the sole responsibility for providing a
complete application and for ensuring responsiveness on the part of applicant’s references. SPM
consistently processes applications in the order they are received, however, SPM accepts no
responsibility for incomplete applications or slow response time by applicant's references which
could result in missing the opportunity to secure the desired rental.
________ Pay the $25 Non-refundable Application Fee per applicant. (Pay the $10 Non-refundable Co-signer
fee if applicable.)
________ At least two (2) years of rental history or Home ownership is required. SPM will make a reasonable
attempt to contact previous landlord(s) and/or mortgage holder(s) submitted by Applicant; however,
the ultimate responsibility for supplying this information lies with the Applicant.
________ Household income of at least three (3) times the rental amount.
________ Verifiable Good Credit. Credit reports will be checked by SPM with a national credit bureau.
________ No felonies or crimes of a violent or sexual nature.
________ Include a copy of your most recent months checking and savings bank statements which shows the
names on the account, the full account number and the balance.
________ Include verification of income: i.e. copy of the most recent months pay stubs or Trust Fund, SSI,
Financial Aid etc...(if self employed: last years tax returns that includes the adjusted gross income)
________ Include a legible copy of your valid Drivers License or government issued picture ID.
________ Include a copy of your valid Vehicle Registration.
*Summit is happy to offer you reduced cost cable, internet and gym membership. Are you interested? Yes / No
Applicant Name: ___________________________Applicant Signature_____________________________
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500 N. Higgins #208 Missoula, MT 59802
PO Box 8975 Missoula, MT 59807
Phone (406) 549-3929 Fax (406) 829-6644
Website www.rentspm.com
RENTAL APPLICATION
Equal Housing Opportunity
Please complete this application fully.
$25 Non-Refundable Application Processing Fee.
Date:_________________________
The undersigned hereby makes an application to rent the residential unit located at:
_________________________________________________________________________________________
Anticipated move in date of ________________________at a monthly rent of $________________________
and security deposit of $____________________________.
I have physically viewed the interior of this property. YES/NO
1. PLEASE TELL US ABOUT YOURSELF:
Full Name________________________________________________________________________________
Cell ______________________________________Home _________________________________________
Date of Birth_______________________________ Social Security #________________________________
Email Address:______________________________________ Fax _________________________________
Your Driver's License Number_______________________________________ State____________________
Vehicle Information: Make / Model ______________________________________Year _________________
Names of Dependents_______________________________________________________________________
Dependents Date of Birth____________________________________________________________________
List All Pets_______________________________________________________________________________
Other Applicants Names ______________________________ Name _________________________________
Name______________________________________________ Name ________________________________
PERSONAL REFERENCE OR EMERGENCY CONTACT:
Full Name ________________________________________________________________________________
Address __________________________________________________________________________________
Phone _________________________________ Relationship________________________________________
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2. PLEASE GIVE RESIDENTIAL HISTORY: (University Housing Applicable)
Current Address__________________________________________________________Apt#____________
City_________________________________________ State__________________ Zip__________________
Month/Year Moved In _________________________ Month/Year Moved Out ________________________
Rent: $________________________________________ Deposit: $__________________________________
Reasons for Leaving________________________________________________________________________
Owner/Agent_________________________________________ Phone ______________________________
Relationship to Owner/Agent: ________________________________________________________________
Previous Address__________________________________________________________Apt#____________
City_________________________________________ State__________________ Zip__________________
Month/Year Moved In _________________________ Month/Year Moved Out ________________________
Rent: $________________________________________ Deposit: $__________________________________
Reasons for Leaving________________________________________________________________________
Owner/Agent_________________________________________ Phone ______________________________
Relationship to Owner/Agent: ________________________________________________________________
Previous Address__________________________________________________________Apt#____________
City_________________________________________ State__________________ Zip__________________
Month/Year Moved In _________________________ Month/Year Moved Out ________________________
Rent: $________________________________________ Deposit: $__________________________________
Reasons for Leaving________________________________________________________________________
Owner/Agent_________________________________________ Phone ______________________________
Relationship to Owner/Agent: ________________________________________________________________
AUTHORIZATION / RELEASE OF INFORMATION
I agree to permit an investigation of my credit, tenant history, banking and employment for the purposes of
renting an apartment with Summit Property Management, LLC.
Please sign below.
Applicant Name: _____________________________Applicant Signature__________________________________
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3. PLEASE PROVIDE YOUR EMPLOYMENT INFORMATION:
Please Circle Your Status: Full Time - Part Time (# of hours?) ______ - Student - Unemployed
Employer_________________________________________________________________________________
Date Hired__________________________ Employed as___________________________________________
Hourly Wage/Salary________________________________________________________________________
Supervisor’s Full Name____________________________________ Phone____________________________
If employed by above less than 12 months, give name & phone of previous employer or school:
_________________________________________________________________________________________
ADDITIONAL INCOME:
If you have other sources of income that you would like us to consider, please list income, source, and person
(banker, employer, etc.) who we may contact for confirmation. You do not have to reveal alimony, child
support, or spouse's annual income unless you want us to consider it in this application.
Monthly Amount $____________________ Source_______________________________________________
Contact Name:____________________________________________ Phone ___________________________
4 & 5. PLEASE DESCRIBE YOUR CREDIT/BACKGROUND HISTORY:
Have you declared bankruptcy in the past seven (7) years? Yes / No
Have you ever been evicted or had eviction proceeding brought against you? Yes / No
Have you ever been convicted of or charged with a crime, violent or sexual in nature, or any felony?
Yes / No
If yes to any of the above, please explain________________________________________________________
_________________________________________________________________________________________
ADDITIONAL INFORMATION:
Please give any additional information that might help owner/management evaluate this application?
_____________________________________________________________________________________________
_____________________________________________________________________________________________
DISCLOSURE AND AUTHORIZATION
I hereby apply to lease the above described premises for the term and upon the conditions above set forth and agree that
the rental is to be payable the first day of each month in advance. It is understood and agreed that upon tendering security
deposit, tenant will take occupancy and rent payments will begin on the first day that the unit is made available by
landlord to tenant in the terms and conditions of the standard SPM lease. A copy of the SPM lease is available upon
request. Tenant agrees to pay a $50 move in processing fee (per new lease) prior to occupancy.
The undersigned Applicant has read and understands this application in its entirety.
The undersigned Applicant declares that the information contained in this Rental Application is true, complete and correct,
and understands and agrees that any false statements or representations identified herein may result in rejection, without
further notice, of this and any future applications for tenancy or of any leases subsequently signed based on falsified
information in housing managed by Summit Property Management, LLC.
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The undersigned specifically authorizes and directs any and all persons or entities named by Applicant herein to receive,
provide, and exchange with Summit Property Management, LLC. it’s principals, agents and employees, any information
pertaining to me, including but not limited to confidential information pertaining to my credit and payment history, the
opinions and recommendations of my personal and employment references, my rental history, my criminal history, my
driving record, my military background, my civil listings, my educational background, and any professional licenses. All
applications and application materials provided by applicant to SPM shall become property of SPM and will not be
returned to applicant. Summit Property Management ensures that all information provided by applicants and co-applicants
is strictly confidential and all information provided by applicants is kept secure by SPM.
__________________________________________________________________________________
Full Name (please print)
_______________________________________________________ _________________________
Signature Date
For office use only
Qualifying Criteria Conditionally Qualified Condition to Not Qualified Approved
approve / Denied
1. Complete Application & Fee Paid: Incomplete or falsified
application or application fee not
paid in full.
2a Rental History: Less than 2 years good verifiable Cosigner Poor Rental History/ Prior
2 years good verifiable rental history. rental history. Landlord would not rent again.
2b Rent Payment History: 1 or 2 late payments in 1 year that Cosigner or 3 or more late payments in 1 year
No payments 5 or more days late. were 5 or more days late. Double Deposit that were 5 or more days late.
2c Lease Violations: One Lease Violation. Double Deposit a. More than 1 Violation for
No Lease Violations. Unauthorized Pet or Tenant or for
Smoking.
b. 3 Violations of any type during
one lease term.
c. Hostility toward landlord.
2d Monetary Damages: Less than $500 Security deposit deductions of Cosigner or Unpaid balance owed to landlord
from security deposit & No unpaid $500 or more (no unpaid balances Double Deposit
balances to landlords. to landlord)
2e Eviction: No past or current Eviction Past or current eviction
2f Home Owner: Mortgage in good a. Less than 60 days delinquent a. Double Deposit
standing on mortgage
b. More than 60 days delinquent b. Cosigner AND
or foreclosure Double deposit
3. Household Income: of at least 3 times a. Household income less than 3 a. Cosigner
the rental amount. times rental amount.
b. Liquid assets equal or greater b. Double Deposit
than 1 year of rent.
4a Credit Score: of at least 650 a. Credit score of 649 – 550 or No a. Cosigner or Credit score below 550 as a result
Credit Double Deposit of outstanding balance greater
b. Credit score below 549 b. Cosigner AND than $500.00 or any delinquency
Double Deposit of 90 days or more
4b No Bankruptcy: in the past 7 years Bankruptcy within past 7 years Cosigner AND
Double Deposit
4c Personal Finances: no bounced One bounced check or overdraft Cosigner or More than 1 bounced check or
checks or overdrafts Double Deposit overdraft on more than 1 date
5. Criminal History: No conviction of a Conviction of a violent or sexual
violent or sexual crime or any felony. crime or any felony
6. Supporting Documentation: Provide:
a. Most recent checking and savings a. No bank account a. Cosigner
bank account statements with full
account number printed. b. Not employed b. Cosigner
b. Most recent full months pay stub, or
if self employed, most recent tax return c. No car c. 2nd form of ID
c. Valid vehicle registration. (costco, student d. No government issued ID
d. Legible copy of government issued etc)
ID.
* Applicants conditionally qualified because of credit score & another category will need both a Cosigner and double deposit.
Tenant Credit score:____________________________ SOWS______________________________
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