Interested In A Property
At 25th Street Properties we work to ensure the process of renting a home is uncomplicated and respectful. While our screening process is thorough we work with you to make sure it is not frustrating. Our goal is to provide an enjoyable experience to those who lease our homes while protecting the assets of those who own the homes that we care for.
In order to process your application, a complete application is necessary from each adult who intends to reside at the property.
What To Expect
APPLICATION FEE: $30 non-refundable application fee per adult applicant before the application will be processed. This can be in the form of cash, check, or pay pal.
IDENTIFICATION: Each applicant or occupant age 18 or older must present a valid government-issued photo ID.
CREDIT HISTORY: Our credit reporting agency evaluation credit and rental history against indication of future rent payment performance.
Credit will be evaluated for late payments, collections, debt to income ration, bankruptcy, etc.
Applications with short sales or foreclosures will be considered as long as there are no other blemishes on the applicant’s credit report. A higher deposit or last month’s rent may be required.
In addition, authenticity of the applicant’s social security number is verified.
INCOME: Applicants must have a combined verifiable source of income equal to or a minimum of 2.5 times the rental amount, documented as follows:
If employed, 2 most recent pay stubs showing year-to-date income.
Proof of earnings from social security, child support, alimony, or spousal support must be documented.
If self-employed, most recent tax year return.
If self-employed, also need last 3 months’ business checking account statements to document average monthly deposits.
EMPLOYMENT: At least six months at current employer is preferred, but, depending upon other qualifying factors, is not absolutely required.
RENTAL HISTORY: Verifiable, positive rental history with no eviction. We request a five year history of previous residences.
PETS: Pet restrictions vary per property.
Compensating factors and extenuating circumstances may be considered, where appropriate.