Residential Rental Procedures

Residential Rental Procedure/Requirements to Rent

 A RESIDENTIAL APPLICATION MUST BE COMPLETED FOR EACH  ADULT THAT WILL BE RESIDING AT THE PROPERTY

18 YEARS OF AGE AND OLDER

AND REVIEWED BEFORE VIEWING ANY PROPERTY

Applicant Screening Criteria

All applicants must be pre-qualified before we will show you a property. Please include your paystubs, or other employment verification as stated below, with your application. If online application, please email paystubs to carol@cisnorthplatte.com

 

Non-Refundable Credit & Background Check Fee $40.00 per Applicant over the age of 18.

Rental History Criteria:

  Revised 1/1/2021

All properties require that the applicant have 0 evictions on record.

The following items may be considered a deniable factor:

  • More than 3 late rent payments on record in a 12 month period
  • More than 2 noise complaints on record in a 12 month period
  • Broken lease agreements with previous landlords without termination penalties paid in
  • Damages to properties left
  • Inaccuracy or falsification of the rental

 Income Requirement Criteria:

All properties require that the applicant(s) earn at least 3.5 times the amount of the rent per month.

If the applicant doesn’t meet this standard rent to income criteria, this will result in a denial. The following items may be considered a deniable factor:

  • Lack of proof of
  • Falsification of
  • Cannot meet income

 Employment Requirement Criteria:

Acceptable proof of income:

  • Consecutive pay stubs for the last 4 weeks or
  • Offer Letter from
  • Faxed or emailed Employment Verification from

Exceptions to the employment criteria include the following:

  • Self-employed applicants will require most recent tax returns for three years or Schedule C to verify
  • Retired: Annuity Letter or SSI letter as proof of
  • Disabled: Annuity Letter or SSI letter as proof of
  • Military personnel will be required to provide L.E.S. for proof of
  • Employment requirements will be waived for international An I20 will be required for verification.

 Credit History Criteria:

Various factors from the credit report are used as screening criteria including the following:

Deniable factors may include:

  • Final recommendation may also be dependent on income, rental, criminal background and employment
  • Judgements pertaining to leased properties or
  • Collections from leased properties or
  • Late payments to leased properties or
  • Late payments or collections from utility companies; this includes cell phone companies and cable

 Public Records Criteria:

 An eviction and criminal records search will be conducted as part of the screening process.

Deniable factors may include the following:

Murder (All counts), Kidnapping (All counts), Manslaughter (All counts), Theft (1st & 2nd degree), Assault (All counts), Forgery, Burglary (All counts), Vehicle prowling (1st degree), Robbery (All counts), Malicious mischief (1st degree), Sexual related offenses (all counts), Arson (All counts), Reckless burning (1st degree), Delivery or sale of controlled substances (all counts), Possession with or without intent to deliver (all counts), Manufacturing Drugs with or without intent to deliver (all counts) , some misdemeanors and Orders of Protection.

Final decisions may also be dependent on income, rental, criminal background, and employment history and eviction.