Weidner Property Management Qualifying Criteria



Weidner Apartment Homes Qualifying Criteria Tier 2- WAWeidner Property Management provides rental housing to qualified residents without regards to race, color, sex, religion, handicap, familial status or national origin. All housing provided within the guidelines established by federal, state, and local laws regulating the multifamily housing industry.Occupancy PolicyEfficiency = 2 persons1 Bedroom = 2 persons2 Bedroom = 4 persons3 Bedroom = 6 persons1 Bedroom with Den = 4 persons*2 Bedroom with Den = 6 persons**If the den does not have a closet the maximum occupancy will be one less person.Application Process and General RequirementsAny person residing in the apartment that is 18 years of age or older must apply.Each person applying must pay the non-refundable application fee.Each applicant must provide proof of income.Photo Identification must be verified by an on-site associate.A complete rental application must be filled out and signed prior to moving in.Renter’s Insurance required at time of move-in. Minimum standard: FORMCHECKBOX At least $25k liability limitIncome RequirementsMonthly gross income should equal to 2.5 times the monthly rent. If more than one applicant is applying the income will be combined. Verifiable income includes:30 days of current pay stubs showing year to date wages.If employed less than 30 days, a signed offer letter on business letter head, with hire date, position, and salary.If self employed, most recent signed tax return.A written letter from a certified accountant on business letter head summarizing annual income.Bank statements showing an available balance equal to the required monthly income requirements over the length of the lease term. Stock, Money market, or trust accounts verifying a liquefiable income. Applicants name must appear as account ernment issued proof of income for Military such as an LES. Social Security Verification.Retirement pension account.Disability from a government issued agency.VA Benefits from a government issued agency.Proof of financial education assistance.Court ordered child support allocation.Court ordered alimony or palimony allocation. Credit RequirementsFavorable credit will be requiredA credit report is required for all applicants. This report is reviewed by weighing current accounts, delinquent accounts, collection accounts, bankruptcies, liens, judgments, public records, and any other outstanding balances.Any bankruptcy must be closed and discharged for a minimum of six months and proof of discharge is required. Other PoliciesNon citizen needs to provide a current and legitimate Work Visa and then be reviewed based on criteria above.Cosigners/Guarantors will be allowed and will only be considered if recommendation is accepted.Criminal History & Denied ApplicantsAny applicant will be denied for the following criminal record:Any Felony convictionAny terrorism-related convictionAny drug-related convictionAny prostitution-related convictionAny sex-related convictionAny cruelty to animals-related convictionAny misdemeanor conviction involving a crime against persons or propertyApplicants with open/pending cases will be suspended until the final outcome of the case.Active status on probation or parole resulting from any of the aboveAny applicant that has ever been evicted from a tenancy will be denied.Any applicant that owes previous or current landlord money will be denied.If an application is falsified.Application Fee(s)The application fee is $28.00 for first applicant $18 for any additional applicants. Public Folders- FormsA: Applicant to Resident Forms-Washington-Application Packet Prospect Tier 2-WA Rev. 02/11Application Apartment Rental-WAApartment Community: FORMTEXT ????? Leasing Agent: FORMTEXT ????? Move-in Date: FORMTEXT ????? Apt.#: FORMTEXT ?????Monthly Rent: $ FORMTEXT ????? Additional Charges: $ FORMTEXT ?????Application(s) Fee Paid:$ FORMTEXT ????? Holding Fee Paid: $ FORMTEXT ?????Last name First Middle Birth Date Driver’s License No. & State: Social Security No.: List any other states you have lived in:List all the names and date of birth of all occupants residing in the apartment:Name: D.O.B Name: D.O.B Name: D.O.B Name: D.O.B Do you have a waterbed? _______ Phone Number _________________________ Cell Phone _____________________________E-MAIL ADDRESS: ______________________________=======================================================================================================================================RESIDENCE HISTORY:=======================================================================================================================================Present Address City State Zip How Long?_____________ Phone # Mo. Payment_________________________________________________________________________________________________________________________________________________________Present Landlord or Mortgage Co. Address Phone # Own ______ or Rent ______ _________________________________________________________________________________________________________________________________________________________Previous Address City State Zip How Long? ______________ Phone # Mo. Payment_________________________________________________________________________________________________________________________________________________________Previous Landlord or Mortgage Co. Address Phone # Own ______ or Rent _____=======================================================================================================================================EMPLOYMENT HISTORY:=======================================================================================================================================Employed By Position Phone # How Long? _________________________________________________________________________________________________________________________________________________________Address City State Zip Supervisor’s Name Salary_________________________________________________________________________________________________________________________________________________________Previous Employer Position Phone # How Long? _________________________________________________________________________________________________________________________________________________________Address City State Zip Supervisor’s Name Salary _________________________________________________________________________________________________________________________________________________________Previous Employer Position Phone # How Long?_________________________________________________________________________________________________________________________________________________________Address City State Zip Supervisor’s Name SalaryAdditional Income: (Additional income such as child support, alimony, or social security. (Income must be verified to be considered)Amount $_____________________________ per _____________________ Source =======================================================================================================================================CREDIT & CRIMINAL INFORMATION:====================================================================================================================================Have you ever been evicted from any tenancy? _______ (yes) ________ (no) Have you ever filed a petition in bankruptcy? ________ (yes) _______ (no)Have you ever been asked to vacate (ei. 20 days notice) _________ (yes) _________ (no)Have you ever been charged with or convicted of a criminal offense? ________ (yes) _________ (no) If yes, please describe the situation and/or disposition of the case: Do you currently have any outstanding legal cases pending a conviction or acquittal _________ (yes) ________ (no) If yes, please describe the situation and/or the disposition of the case: VEHICLE & PET INFORMATION:=======================================================================================================================================Make ModelYearColorLicense Plate Number_______________________________________________________________________________________________________________________________________________Do you have any pets?Type of Pet__________________________________________________________________________________________________________________________________________If you have a pet you must fill out the “Pet Application and Interview Form” and a member of our staff will need to meet and approve the pet.=======================================================================================================================================EMERGENCY CONTACT:=======================================================================================================================================Full Name Relationship Address City State Zip Phone # Full Name Relationship Address City State Zip Phone # I understand that I acquire no rights in an apartment until I sign this agreement and submit a holding fee in the said amount stated above. Upon approval of tenancy and the signing of an apartment rental agreement, this holding fee will be considered against any move in charges. In consideration for landlord holding said apartment stated above, I hereby waive all rights to the return of said holding fee as liquidated damages in the event I do not choose to enter into the agreement applied for herein and upon approval of my application. Should the application results require an additional deposit, I hereby understand that I have 24 hours not to accept those conditions for the holding fee to be refundable. After 24 hours the holding fee becomes nonrefundable. In the event said application for tenancy is not accepted, the holding fee shall be returned to applicant. I also understand that proof of renter’s insurance is required at the time of move in. Proof of insurance must show that insurance satisfies Weidner’s minimum standards.Pursuant to State and Federal Fair Credit Reporting Acts, this is to inform you that an investigation involving the statements made on your rental application at the above mentioned apartment complex, as well as inquiries regarding your character, general reputation, personal characteristics and mode of living may be initiated. I certify that, to the best of my knowledge, all statements are true and complete. I authorize Weidner Property Management LLC to obtain all credit reports, public records, and all other verifications necessary to verify all information put forth in the above application and to furnish all information to the landlord named above. False, fraudulent, or misleading information may be grounds for denial of tenancy or subsequent eviction.Signed __________________________________________ ___________ Signed________________________________________ _________ Applicant Date Agent for Owner DatePublic Folders- FormsA: Applicant to Resident Forms-Washington-Application Packet Prospect Tier 2-WA Rev. 02/11Public Folders- FormsA: Applicant to Resident Forms-Washington-Prospect Packet Tier 1-WA Rev. 8/10Renter Insurance RequirementsWe hope that you choose FORMTEXT ????? as your new home. Our goal is to provide you with a comfortable place to call home. For your comfort and protection we require all residents, as a condition of residency, to carry renter’s personal liability insurance in the minimum amount of $25,000 in a form acceptable to Weidner Property Management LLC. Below are your options whether you already have such insurance coverage or should you decide to sign up with The Bader Company:Option 1You may obtain your own renters insurance with a minimum personal Liability coverage. A copy of the policy’s Declarations page or a Certificate of Insurance must be provided at the time of move in with the following requirements: Minimum liability insurance in the amount of $25,000. Option 2You may obtain Personal Liability insurance through Bader Company.Summary of CoverageLiability Limit / DeductiblePersonal Property Limit / DeductibleMonthly Payment$25,000 / $0$0 / $0$9.00Option 3You may obtain Personal Liability and Personal Property insurance through Bader Company with the following levels of coverage. Summary of CoverageLiability Limit / DeductiblePersonal Property Limit / DeductibleMonthly Payment$25,000 / $0$5,000 / $100$11.00$25,000 / $0$10,000 / $100$20.00$25,000 / $0$15,000 / $100$30.00Public Folders- FormsA: Applicant to Resident Forms-Washington-Application Packet Prospect Tier 1-WA Rev. 02/11Pet Application and Interview Form? Check this box and sign below if you will not have a pet moving in with you.______________________________Date: FORMTEXT ?????Pet Owner Name: FORMTEXT ?????Address: FORMTEXT ????? FORMTEXT ?????Phone Number: FORMTEXT ????? Please answer the following questions:1.Is your pet(s) Neutered/Spayed? FORMCHECKBOX Yes FORMCHECKBOX No 2.Are your Vaccinations Current? FORMCHECKBOX Yes FORMCHECKBOX No3.Is your pet licensed/registered? FORMCHECKBOX Yes FORMCHECKBOX NoPet Information: (Please list all pets separately)Pet’s NameType/BreedAgeLicense or ID NumberWeightSex FORMTEXT ????? FORMTEXT ????? FORMTEXT ????? FORMTEXT ????? FORMTEXT ????? FORMTEXT ????? FORMTEXT ????? FORMTEXT ????? FORMTEXT ????? FORMTEXT ????? FORMTEXT ????? FORMTEXT ?????Please Attach Photo of Pet HerePet’s Emergency Caretaker:Name: FORMTEXT ????? Phone Number: FORMTEXT ?????I have read and understand the policies related to keeping pets in this rental property, and I and members of my household promise to fully comply.Printed Name: Signature of pet owner:Pet met and approved by: Date: FORMTEXT ?????Public Folders- FormsA: Applicant to Resident Forms-Washington-Application Packet Prospect Tier 2-WA Rev. 02/11 Public Folders- FormsF: Vendor Forms- Texas-New Vendor AgreementRev. 8/10Employment Verification FormProperty: FORMTEXT ????? Date: FORMTEXT ?????Applicant Name: FORMTEXT ?????Employer or Source of Income: FORMTEXT ?????Position: FORMTEXT ????? Gross Monthly Wages: FORMTEXT ?????Verified By: FORMTEXT ?????(Attach proof of a source listed below that apply)I, __________________________________, authorize Weidner Property Management LLC to verify the following information regarding my employment or source of income to meet the required community screening criteria. I also understand that my application for residency will not be approved without providing the necessary proof of income listed below._____________________________________ _____________Applicant Signature DateFor office use only: One of the following must be kept in resident file______30 days of current pay stubs showing year to date wages.______ If employed less than 30 days, a signed offer letter on business letter head, with hire date, position, and salary.______ If self employed, most recent signed tax return.______ A written letter from a certified accountant on business letter head summarizing annual income.______ Bank statements showing an available balance equal to the required monthly income requirements over the length of the lease term.______ Stock, Money market accounts verifying a liquefiable income.______ Social Security Verification.______ Retirement account or earnings.______ Disability from a government issued agency.______ Trust account with the account holder. ______ VA Benefits from a government issued agency.______ Proof of financial education assistance.______ Court ordered child support allocation.______ Court ordered alimony or palimony allocation. Reviewed and Verified By: _____________________________ Date:________________Public Folders- FormsA: Applicant to Resident Forms-Washington-Application Packet Prospect Tier 2-WA Rev. 02/11 ................
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