APPLICATION REQ

APPLICATION REQUIREMENTS

APPLICATION REQUIREMENTS


Tamarac Pointe Apartments does not discriminate against persons based on race, color, religion, origin, familial status, or disability. The Rental Criteria listed below explains the policies of this community with regard to qualifying standards which must be met by each adult applicant in order to be approved for residency. The rental application fee of $50.00 per applicant is non refundable. Because there are no exceptions, it is important that you review this document carefully before submitting an application, making certain that to the best of your knowledge, you meet the rental qualifications stated.


Income Requirements
An applicant must gross at least three (3) times the rent (from primary employer) on the unit applied for per month. IE:  $500.00 monthly rent X 3= $1500.00 per month gross income needed to qualify.  We are unable to add any compensation to income such as commissions, tips, bonuses, etc.

Credit History
An applicant must have established good credit history.  A minimum beacon score of 600 is required for each applicant, with no collections or past dues with utility companies. 

Rental History
An applicant must have established good rental/mortgage history.  Previous landlords will be contacted as to the method of payment, condition of the apartment, terms of residency, and general rental history.  Persons who have established good credit history and who either because of home ownership or living with family does not have previous rental history may still qualify.

Bankruptcy
In order to be considered for residency, an applicant who has filed for bankruptcy must have maintained good credit for at least (2) years after the discharge, and the beacon score must be 600 or higher.  However, if the applicant has evidence that all creditors have been paid 100% of the monies owed, the (2) year requirement may be waived if the beacon score is above 600.

Criminal History
All applicants will be screened for a criminal background.

Cosigners/Students
We do not allow cosigners except for Graduate students only, who do not qualify income wise may have parents co-sign for them. No other exceptions allowed.

Other Occupants
All persons occupying the apartment over eighteen (18) years of age must apply for the unit intended to rent.  It is possible (but not definite) if one person qualifies, that the other may be put on as occupant only.

Occupancy Policy
No more than 2 occupants per bedroom.

ALL APPLICANTS SUBJECT TO CREDIT APPROVAL. PRICES SUBJECT TO CHANGE
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