We provide equal housing opportunity. We do not discriminate on the basis of race, color, religion, sex, handicap, national origin, nationality, familial status, ancestry, affectional orientation, source of income and all other protected classes, as required by federal, state and local law. We also want to make sure that people do not use rental units for illegal activity. To that end, we have a thorough screening process.
A complete application. One for each adult (18 years of age or older). If a line isn’t filled in, or if the omission is not explained satisfactorily, or if not every adult over the age of 18 and co-signer provides a completed and signed application and application fee, the application for this property is incomplete.
Rental history verifiable from unbiased sources. If you are related by blood or marriage to one of the previous landlords listed, or your rental history does not include previous landlords covering a period of at least five years, we may require a qualified co-signer on your lease agreement (qualified co-signers must meet all application screening criteria).
It is your responsibility to provide us with the information necessary to contact your past landlords. We reserve the right to deny your application if, after making a good faith effort, we are unable to verify your rental history.
If you owned – rather than rented – your previous home, you will need to furnish mortgage company references and proof of title ownership or transfer.
Sufficient income/resources. If your monthly income before taxes is not equal to or greater than 2.5 times the monthly lease payment, we will require a qualified co-signer/guarantor on your lease agreement. Students who are not employed full time will generally require a co-signer. We must be able to verify independently the amount and stability of your income. (For example: through pay stubs, employer/source contact, or tax records. If self-employed: business license, tax records, bank records, or a list of client references.)
Download Guarantor Application here.
Sufficient Security Deposit or Option Consideration. If sufficient security deposit in the amount of 1.5 times the monthly lease payment, cannot be paid, your application will be denied. Our homes may be offered under the terms of [1] a lease agreement AND [2] an agreement for a non-assignable option to purchase the home within a specified option period. Option consideration will be required to enter into the option agreement and any option consideration given in connection with the property will be non-refundable. If sufficient option consideration cannot be paid in the amount of at least 3.5%, your application for “lease with option to buy” will be denied.
Identification. We require a photo I.D. (a driver’s license or other government issued photo identification card). Present with completed application. ID is also required for co-signer applications.
False information is grounds for denial. Your application for rental will be denied if you misrepresent any information on the application. If misrepresentations are found after a lease is signed, your lease will be terminated.
Criminal convictions for certain types of crimes will result in denial of your application. Your application for rental will be denied if you have had a conviction for any type of crime that would be considered a serious threat to real property or to other residents’ peaceful enjoyment of the premises, including the manufacture or distribution of controlled substances.
Certain court judgments against you may result in denial of your application. If, in the last 10 years, you have been through a court ordered eviction, or had any judgment against you for financial delinquency which has not been discharged, your application will be denied.
Poor credit record (overdue accounts) may result in denial of your application. Records showing extensive payments past due are not acceptable. If any applicant has a FICO score of less than 550, the application may be denied. If any applicant has a bankruptcy which has not been discharged, the application will be denied.
Poor references from previous landlords may result in denial of your application. You will be turned down if previous landlords report significant complaint levels of noncompliance activity such as: repeated disturbance of the neighbors’ peace; reports of prostitution, drug dealing, or drug manufacturing; damage to the property beyond normal wear, reports of violence or threats to landlords or neighbors; allowing persons not on the lease to reside on the premises; failure to give proper notice when vacating the property.
Also, your application will be turned down if a previous landlord would be disinclined to rent to you again for any reason pertaining to lease violating behavior of yourself, your pets, or others allowed on the property during your tenancy.
Students. Rowan Students must submit the Consent to Disclose Disciplinary Records Form to the Rowan University Office of Community Standards & Community Services.
The consent form can be downloaded here.
Pets. Pets may be allowed at the property owner’s discretion with a signed Pet Agreement. Pets which preclude obtaining insurance will not be allowed at any time during the term of the lease. If we discover that you have such pets after a lease is signed, your lease will be terminated. Download Pet Agreement Form here.
We will accept the first qualified application.