Job/Income stability
How long have you been on your present job or recieving present source of income
less than 6 months
6 months-1 year
Over 1 year
Over 3 years
Over 5 years
0
1
2
3
4
Applcant one
Appplicant two
3
2
1
0
under 25%
25 to 32%
33 to 35%
over 35%
Rent to income ratio (divide)
Rent amount $
Gross Income $
Rent to Income ratio
Residence history
Length of Residency
less than 6 months
6 months-1 year
Over I1 year
Over 3 years
Over 5 years
0
1
2
3
4
Rental History
If at current residence more than three years double points
fulfilled lease
gave 30 day notice
paid on time
No NSF's
Credit Rating
Do not count outstanding medical debts. If you have an eviction or owe a property money: Automatic denial.
0 deliquient
1 -25% deliquient
26 -50 % deliquient
Over 50% deliqueint
1
1
2
2
3
2
1
0
We wish apartments in Austin did this...Before they took your application money. If you score 12 or over we'll have places for you.
(These are general guidelines and are not guaranteed - talk to your locator about specifics)
12+- Acceptable- Property manager may approve
0-11- Unacceptable- Property manager must deny application or accept a deposit equal to one months rent or provide a qualified cosigner
NOTE: Applicant will be automatically denied if the following apply:
1. Eviction from an apartment community or single family home
2. Owe money to another apartment community
3. Criminal record (felonies)- All applicants and occupants who have been determined to have a criminal conviction or current indictment for possesion,sale,manufacture or distribution of a controlled substance (drugs),prostitution, theft, burglary, felony, or for any crime against persons or properties.
2012 UPDATE:
This is pretty much how at least one good, solid management company will look at your application. Some other communities, especially class A properties will be tougher, others will be easier....depends. If you score over 12 you pass and will most likely qualify for this companies apartments.
For Immediate Assistance
Call 512-258-5200
Toll Free 888-217-5200
