QUALIFICATION CRITERIA FOR RENTING 

The applications submitted are not considered complete and cannot be processed until:

• All Adult applicants 18 or older have submitted a fully completed, dated and signed residency application and fee.
• A non-refundable application fee of $30.00 is required for any adult over 18.
• All information required has been submitted to Kingsman Properties.
• Applicant has viewed the rental property in person.

The following is a general list of information required for all applicants; some applicants may be required to submit information beyond this list:

• Valid Government issued ID
• Valid proof of income for the most recent 6-week period
• Signed Rental Verification Form

All the above-listed information must be received by our office for your application to be considered complete. Above documents may be uploaded directly to your online application form while you are applying. Once your application is submitted, it cannot be edited. 

All communication during your application process will be done in writing via email.  Any application deficiencies will be emailed to you promptly after review for correction. Kingsman Properties is not responsible for undelivered emails or missed emails.

Potential renters should NOT complete the application before you can request a showing.  We simply request that you look over the application requirements prior to making a showing request. 

AGE REQUIREMENTS – All occupants 18 years old or older must be listed as a lessee and must submit a fully completed application. ALL LINES MUST BE FILLED IN. If a line is inapplicable to you, you must place an “N/A” on the line. Inaccurate, false, or materially misleading information will disqualify an applicant as a prospective renter.

IDENTIFICATION REQUIREMENTS – All applicants must provide photo identification and Social Security number. Acceptable photo identifications include, but not limited to: state issued identification card or driver’s license; passport, any other government issued photo identification. 

INCOME REQUIREMENTS – Applicants must have a combined gross monthly income of at least three times (3x) the monthly rent for the property in which they are applying for. Proof of income must be submitted with application to be considered.

• Acceptable proofs of income include:
• Two most recent paycheck stubs with YTD total
• Previous year’s tax return, W-2, or 1099
• Proof of child and/or spousal support payments
• Proof of social security income, disability or other government income
• Proof of retirement or trust fund account
• Current employment offer letter (for new employment)
• Provide proof of liquid assets that show at least 3 times the amount of rent
• Self-employed can provide most recent personal tax return and three months personal bank
• statements (must be from the same account) to show sufficient income of at least 3 times the amount of rent.
• Jobs that are based on tips, bonuses or commissions will be considered self employed.

CREDIT REQUIREMENTS: – Applicant(s) must have a verifiable credit history and report that demonstrates a willingness to pay financial obligations in a timely fashion. Applicants must have a FICO score of at least 550.

Rental Verification Requirements:

• 2 years of rental history required.
• Previous rental history reports from landlords must reflect timely payment, sufficient notice of intent to vacate, no complaints regarding noise, disturbances or illegal activities, no unpaid NSF checks, and no damage to unit or failure to leave the property clean and without damage at time of lease termination.
• Family members do not count as verifiable rental history.
• Current mortgage payments will suffice as rental history in most cases.

Background Requirements: – Criminal records must contain no convictions for crimes involving violence, assault or battery, drug manufacturing or distribution or firearms within the past seven years and no sexual offenses ever.