Resident Qualifying Criteria
Qualifying Criteria:
Conditional Criteria will be accepted if the applicant fails to meet ONE of the following (2 or more is a denial):
· 3X Income
· The Top Tier* Credit Score (Resident Verify screening)
· Eviction Filings within the last 5 years
IF prospect is applying and they don’t income qualify by 3x, but does prove the following income levels:
· 2.5-2.99x Approve with One Month Deposit
IF prospect is applying and credit score is below the top tier* credit score
· 2nd tier* credit score: Approve with Higher Deposit - $500 Deposit
· 3rd tier* credit score: Approve with Higher Deposit - One Month Deposit
· No Credit: If neither applicant has established credit Approve with Two Month Deposit
*Credit qualifications are evaluated using three tiered levels based on a score provided by Resident Verify: Top Tier, Second Tier, and Third Tier. Applicants whose credit qualifications fall below the Third Tier will not meet the credit requirements for approval or conditional approval.
IF prospect is applying and has a court filing for eviction within the past 5 years:
· Approve with higher deposit of One month deposit
· AND complete satisfactory rental verification (no violations AND less than 2 late payments in last 12months)
IF the prospect is applying and has an account from another apartment community in collections showing on their credit report:
· Over $1k: Denied
· Under $1k: Prove that it is paid AND complete satisfactory rental verification (no violations AND less than 2 late payments in last 12months)
UPDATE (as of 3/5/2026):
All 21 and above applicants will originally be screened as leaseholders.
*Guarantors are permitted only for income qualification purposes. The guarantor must meet all standard qualifying criteria and provide verifiable proof of income equal to six (6) times the monthly rental rate.
-OK to add an applicant as an occupant (only after screening is completed as a leaseholder first) in the following situations:
· If the applicant who wants to be listed as occupant was denied (or approved with a higher security deposit) for credit, income or rental history.
**Please note that we can not communicate with occupants regarding the account and they do not get access to a fob or parking sticker.
Conditional Criteria will be accepted if the applicant fails to meet ONE of the following (2 or more is a denial):
· 3X Income
· The Top Tier* Credit Score (Resident Verify screening)
· Eviction Filings within the last 5 years
IF prospect is applying and they don’t income qualify by 3x, but does prove the following income levels:
· 2.5-2.99x Approve with One Month Deposit
IF prospect is applying and credit score is below the top tier* credit score
· 2nd tier* credit score: Approve with Higher Deposit - $500 Deposit
· 3rd tier* credit score: Approve with Higher Deposit - One Month Deposit
· No Credit: If neither applicant has established credit Approve with Two Month Deposit
*Credit qualifications are evaluated using three tiered levels based on a score provided by Resident Verify: Top Tier, Second Tier, and Third Tier. Applicants whose credit qualifications fall below the Third Tier will not meet the credit requirements for approval or conditional approval.
IF prospect is applying and has a court filing for eviction within the past 5 years:
· Approve with higher deposit of One month deposit
· AND complete satisfactory rental verification (no violations AND less than 2 late payments in last 12months)
IF the prospect is applying and has an account from another apartment community in collections showing on their credit report:
· Over $1k: Denied
· Under $1k: Prove that it is paid AND complete satisfactory rental verification (no violations AND less than 2 late payments in last 12months)
UPDATE (as of 3/5/2026):
All 21 and above applicants will originally be screened as leaseholders.
*Guarantors are permitted only for income qualification purposes. The guarantor must meet all standard qualifying criteria and provide verifiable proof of income equal to six (6) times the monthly rental rate.
-OK to add an applicant as an occupant (only after screening is completed as a leaseholder first) in the following situations:
· If the applicant who wants to be listed as occupant was denied (or approved with a higher security deposit) for credit, income or rental history.
**Please note that we can not communicate with occupants regarding the account and they do not get access to a fob or parking sticker.