Qualifying Standards

Applications are reviewed in the order that they are received. Inaccurate or incomplete applications will be deferred until fixed. Qualifying Standards are the minimum requirements that a tenant must meet to be approved. Below are examples of some Qualifying Standards.

level 1

Income: Income at least double rent price. (stable for 2 months)

Credit: 450 or above

Eviction History: No evictions

Occupants Limit: Two people per bedroom (exceptions for children)

Criminal Background Check: No felonies (some exceptions)

level 2

Income: Income at least triple rent price (3 x rent). (stable for 2 months)

Credit: 525 or above

Eviction History: No evictions

Occupants Limit: Two people per bedroom (exceptions for children)

Criminal Background Check: No felonies (some exceptions)

Level 3

Income: Income at least triple rent price (3 x rent). (stable for 3 months)

Credit: 600 or above

Proof of funds: Security deposit plus First month rent

Eviction History: No evictions

Occupants Limit: Two people per bedroom (exceptions for children)

Criminal Background Check: No felonies (some exceptions)

This is an example of “Qualifying Standards”. “Qualifying Standards” vary from company to company and from unit to unit. This is not the “Qualifying Standards” used by Proleased but is similar with some exeptions. Please contact a Proleased representative to get an units “Qualifying Standards”.