Screening Criteria
Screening Criteria
Screening Criteria for Residency
(Applicable only if Owner does not have custom criteria, if Landlord has custom criteria it will be given to applicant separately)
- Occupancy is based on the number of bedrooms in a unit. (A bedroom is defined as a habitable room that is intended to be used primarily for sleeping purposes, contains at least 90 square feet and has 2 fire exits.
- The general rule is two persons are allowed per bedroom. Owner/Agent may adopt a more liberal occupancy standard based on factors such as size and configuration of the unit, size and configuration of the bedrooms, and whether any occupants will be infants.
GENERAL STATEMENTS
- Current government-issued photo identification and social security number that allows Owner/Agent to adequately screen for criminal and or credit history will be required.
- Each applicant will be required to qualify individually or as per specific criteria areas.
- Inaccurate, incomplete or falsified information will be grounds for denial of the application.
- APPLICATION FEE IS NON-REFUNDABLE
- Applicants can bring in their own applications and screenings as long as they are less than 30 days old.
INCOME CRITERIA
- Monthly income must be equal to two times stated rent, and must be from a verifiable, legal source. Income below two times the stated rent will result in denial.
- Twelve months of verifiable employment will be required if used as a source of income. Less than 12 months verifiable employment will require an additional security deposit or acceptable co-signer.
- Applicants using self-employment income will have their records verified with previous year’s tax returns and applicant must use the bank verification during the application process.
- All Sources of Income, as defined by State and Federal law, will be considered.
RENTAL HISTORY CRITERIA
- 3 years of verifiable contractual rental history from a current unrelated, third party landlord, or home ownership, is required. Less than 3 years of verifiable rental history will require an additional security deposit and/ or acceptable co-signer.
- 2 or more notices for nonpayment of rent within one year will result in denial of the application.
- 2 or more RETURNED NSF checks within one year will result in denial of the application.
- Rental history reflecting any past due and unpaid balances to a landlord will result in denial of the application.
- Rental history including 2 or more noise disturbances or any other material non-compliance with the rental agreement or rules within the past two years will result in denial.
Income
Income-to-Rent Ratio
| Decision | Total Monthly Income of Applicant(s) |
|---|---|
| Criteria met | At least 2 times monthly rent |
| Criteria not met | Less than 2 times monthly rent |
Estimated Disposable Income after Debt and Rent
| Decision | Total Monthly Income of Applicant(s) |
|---|---|
| Criteria met | At least $500.00 |
| Criteria met with co-signer or increased security deposit | At least $300.00 but less than $500.00 |
| Criteria not met | Less than $300.00 |
Credit History
No Credit File/Score | Approve with increased security deposit or co-signer Credit Score
| Decision | Score |
|---|---|
| Criteria met | 600 or higher |
| Criteria met with co-signer or increased security deposit | 550 - 599 |
| Criteria not met | 549 or lower |
Bankruptcies
| Decision | Bankruptcies |
|---|---|
| Manual review required | Any open bankruptcies |
| Manual review required | Any discharged bankruptcies within the last 5 years |
Accounts in Good Standing
| Decision | Percentage of Accounts in Good Standing |
|---|---|
| Criteria met | At least 95.0% of accounts are in good standing |
| Criteria met with co-signer or increased security deposit | At least 90.0% but less than 95.0% of accounts are in good standing |
| Criteria not met | Less than 90.0% of accounts are in good standing |
Accounts in Collection
| Decision | Accounts in Collections |
|---|---|
| Criteria not met | 4 or more accounts in collections |
Calculation Excludes:
- Accounts less than $100.00
- Medical Accounts
- Student Accounts
Rental History
Evictions (Judgments Only)
| Decision | Evictions |
|---|---|
| Criteria not met | Judgments in favor of landlord within the last 7 years |
Criminal History
Felonies
| Decision | Crimes |
|---|---|
| Criteria not met | Any alcohol offenses within the last 5 years |
| Criteria not met | Any criminal mischief within the last 5 years |
| Criteria not met | Any dishonesty/fraud within the last 5 years |
| Criteria not met | Any driving under the influence offenses within the last 5 years |
| Criteria not met | Any drug possessions within the last 5 years |
| Criteria not met | Any drug trafficking/manufacturing within the last 5 years |
| Criteria not met | Any marijuana possessions within the last 5 years |
| Criteria not met | Any marijuana trafficking/manufacturing within the last 5 years |
| Criteria not met | Any other drug offenses within the last 5 years |
| Criteria not met | Any other crimes against persons within the last 5 years |
| Criteria not met | Any other crimes against property within the last 5 years |
| Criteria not met | Any other crimes against society within the last 5 years |
| Criteria not met | Any financial non-violent offenses within the last 5 years |
| Criteria not met | Any non-violent offenses within the last 5 years |
| Criteria not met | Any sexual offenses within the last 5 years |
| Criteria not met | Any violent offenses within the last 5 years |
| Criteria not met | Any weapon offenses within the last 5 years |
Misdemeanors
| Decision | Crimes |
|---|---|
| Criteria not met | Any drug possessions within the last 5 years |
| Criteria not met | Any drug trafficking/manufacturing within the last 5 years |
| Manual review required | Any marijuana possessions within the last 5 years |
| Criteria not met | Any marijuana trafficking/manufacturing within the last 5 years |
| Criteria not met | Any other drug offenses within the last 5 years |
| Criteria not met | Any other crimes against persons within the last 5 years |
| Manual review required | Any other crimes against society within the last 5 years |
| Criteria not met | Any sexual offenses within the last 5 years |
| Criteria not met | Any violent offenses within the last 5 years |
| Criteria not met | Any weapon offenses within the last 5 years |
Registries
| Decision | Registry |
|---|---|
| Criteria not met | Listed on sex offender registry |
| Criteria not met | Found in OFAC/terrorist database records |
Pet Policy
List of dog breeds we do not accept
- AKITA
- CHOW
- DOBERMAN PINSCHER
- GERMAN SHEPHERD
- PRESA CANARIO
- PIT BULL
- ROTTWEILER
- STAFFORDSHIRE BULL TERRIER
- WOLF OR WOLF HYBRID
- ANY MIXTURE OF THE ABOVE BREED OF DOGS
136 East Elm St.
Trinidad, CO 81082
Office Hours: M-F 8 am - 5 pm MT
Weekends: By appointment only.
Phone:
719-846-9825
Fax: 719-846-9828
