1600 4th Ave E Olympia WA 98506 Business: 360-456-7368 Toll Free: 877-456-7368 Fax: 360-412-4953 www.hometownpm.com E-mail:
[email protected]
RENTAL QUALIFICATION STANDARDS AND APPLICATION GUIDELINES
PLEASE READ BEFORE COMPLETING RENTAL APPLICATION! Dear Applicant: Thank you for considering Hometown Property Management in your search for a home to rent. Every unit will be rented to the first qualified applicant. Applications are screened as first come, first served. Backup applications will not be processed until the preceding applications are not approved or rescinded. The application screening process will take approximately 1 to 3 business days. After notification of acceptance, the applicant(s) has two (2) business days to pay the holding fee (same amount as the security deposit). After paying the holding fee, the applicant(s) has fourteen (14) days to schedule and sign the lease. A lease signing takes approximately forty-five (45) minutes to complete. An appointment will be necessary. At the lease signing the holding fee becomes the security deposit, a full first month’s rent and applicable fees are due, and access is granted to the applicant, now tenant. This holding fee is refundable if the property cannot be delivered to applicant for rent. If applicant decides not to rent the property for any reason, the holding fee is NOT refundable. RENTAL QUALIFICATION STANDARDS Qualifying as a tenant is based on the following criteria: 1. Positive Identification. Applicant is required to provide a government issued picture identification. 2. Income. Net monthly income, per unit, must be a minimum of three (3) times the amount of rent. a. Income can be verifiable through LES, pay stubs, employer contact, or tax records. 3. Positive Credit Report. Bankruptcies in filing will not be accepted. 4. Positive Rental or Home Ownership History. Prior evictions will not be accepted. 5. Employment Longevity. Employment status less than six (6) months will require adverse action, see below. 6. Criminal History. This may cause denial of tenancy. RENTAL APPLICATIONS GUIDELINES A separate rental application must be completed accurately and as completely as possible by each person eighteen (18) years old or older (except spouse having the same last name) who will reside on the property. Any willful misinformation constitutes basis for rejection of the application. Each application will need to be accompanied by a non-refundable application fee. Screening your application includes calling your employer, former landlord and financial institutions. By signing the application for tenancy, you have authorized these agencies to release information for us to evaluate your application. Our screening company is Orca Information, Inc., P.O. Box 277, Anacortes, WA 98221, Phone # (800) 341-0022. If we deny tenancy based on information provided by that agency, you have the right to contact Orca Information, Inc directly to determine and dispute the accuracy of the information provided. We are not required to release or disclose information provided by such agency except as required by The Fair Housing Act 15 U.S.C.sec.1681 et. seq.. ADVERSE ACTION OPTIONS If applicant cannot meet one or more of the rentals standards; adverse actions will be required. A qualified co-signer, double deposit, triple deposit, and/or allotment may be required. A Property Manager will determine which option will be required to complete the application process. If a co-signer is required, he/she must be a legal resident in the same county as the rental property and provide a completed application with fee. In the case of a roommate/co-tenant situation, each application may require a separate co-signer. Co-signers not residing in same county must be approved on a case-by-case basis by owner of property. Application will be denied by Hometown Property Management if information supplied does not meet Rental Qualification Standards and Adverse Action Options cannot be applied.
For Office Use / Copy to be provided to Applicant if Adverse Action is Taken: FCRA Section 615(a) 1. Consumer Report Provided by Orca Information, Inc., P.O. Box 277, Anacortes, WA, 98221. Phone # (800) 341-0022 2. Orca Information provided a report to Hometown Property Management only. Hometown Property Management used information provided for application process and is solely responsible for tenancy decision. 3. Applicant has the right to dispute accuracy or completeness of any information provided, and has the right to a free credit report from reporting agencies upon request within sixty (60) days.
Application Approved
Date:
By:
Application Denied
Date:
By:
Application Approved – Double Deposit Required
Date:
By:
Application Approved - Triple Deposit Required
Date:
By:
Application Approved – Co-Signer Required
Date:
By:
Application Approved – Allotment Required
Date:
By: REV 07/08
Credit Report _____ Co-Signer Report _____ Killer Whale Report ______ THIS APPLICATION MUST BE COMPLETED IN FULL TO ASSURE PROMPT PROCESSING. CO-TENANTS OTHER THAN SPOUSE MUST USE SEPARATE APPLICATIONS. $_________________ Non-Refundable Screening Fee Cash ______ Credit Card ______ Check ______ (check#) __________
Property Address: ___________________________
Rent Amt. $___________ Pet Fee $________ Shown By _______________________________________ Applicant’s Last Name
First
M.I.
Driver License Number and State
Social Security Number
Date of Birth
Spouse’s Last Name
First
M.I.
Driver License Number and State
Social Security Number
Date of Birth
Total Number of Occupants in Unit: No. of Adults __________
Names and Ages of Occupants No. of Children __________
____________________________________________________________________________________
Do you have pets? How many? Type, size, and name of pets (keeping of pets require a pet fee and owner’s consent.) _______ Yes _______ No
Contact Phone Number
RESIDENTIAL HISTORY Present Address
City
State
Zip Code
How Long?
Phone (
_______ Yrs. ______Mo. Fax ( _____Name of Present Landlord
_____Apartment Community ______Mortgage Co. _____ Other
Landlord: Day Phone ( Night Phone (
) )
)
_______ Own
)
_______ Rent Fax (
)
Monthly Payment: $____________
Reason For Moving: Previous Address
City
State
Zip Code
_____Name of Previous Landlord _____Apartment Community ______Mortgage Co. _____ Other
Landlord: Day Phone ( Night Phone (
How Long?
_______ Own
_______ Yrs. ______Mo.
_______ Rent
) )
Fax (
Reason For Moving:
)
Monthly Payment: $____________ EMPLOYMENT DATA
Applicant Employed By:
Supervisor’s Name
Phone ( Fax (
Address Code
City
State
Zip
)
Hire Date:
)
Circle One: Full-time
Part-time
Occupation: ___________________________ Applicant Previously Employed By:
Supervisor’s Name
Phone ( Fax (
Address Code
City
State
Zip
Salary $___________ Per ____________
)
Hire Date:
)
Circle One: Full-time
Part-time
Reason for Leaving
Occupation: ___________________________ Spouse Employed By:
Supervisor’s Name
Phone ( Fax (
Address Code
City
State
Zip
Circle One: Full-time
)
Hire Date:
) Part-time
Occupation: ___________________________
Salary $___________ Per ____________
BANK REFERENCE Bank or Savings and Loan
Account Number
Phone Number
PERSONAL DATA Auto 1 — Type
Licensee Number
State Issued
Monthly Payment
Auto 2 — Type
Licensee Number
State Issued
Monthly Payment
No. of Vehicles on Property?
Do you have any recreational vehicles, vans, boats, motorcycles? If so, specify.
In case of emergency, please notify:
Relationship
Address
Phone
Have you or any prospective occupant ever been charged or convicted of a crime? __________ Yes ___________ No If YES, what State & County: ____________________________ If YES, what was the nature of the crime (give details): _________________________________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________ Have you or any prospective occupant ever been evicted? __________ Yes ___________ No Ever filed Bankruptcy? ______ Yes ______ No If YES, Please Explain: ___________________________________________________________
If yes, what year? _________
Have you ever used any other name? If yes, list name(s) :
In compliance with the Fair Credit Reporting Act, State and Federal laws, this is to inform you that an investigation involving the statements made on this application for tenancy are being initiated by ORCA Information. I/We certify that to the best of my/our knowledge all statements are “true and complete”. I/We further authorize ORCA Information, Inc. to obtain CREDIT REPORTS, EMPLOYMENT REFERENCES, If you chose to pay through credit card, a $3.00 processing COURT, CRIMINAL & JUVENILE RECORDS, ARREST DETENTION fee will be charged to your account. Please charge $______ INFORMATION and CHARACTER REFERENCES, GENERAL for this report to my (circle one): VISA MASTERCARD REPUTATION, MODE OF LIVING, and RENTAL REFERENCES as needed to verify all information put forth on this application. SCREENING FEE # IS NON-REFUNDABLE. _______________________________________________ ______________________________________________________ Signature of Applicant
__________________ Date
_____________________________________________________ Signature of Spouse
__________________ Date
Expiration Date: _________________________________ _______________________________________________ Signature of Applicant