RENTAL CRITERIA

REGIONS PROPERTY MANAGEMENT

Rental Criteria

Please note that all application fees are non-refundable. Additionally, we do not accept reusable tenant screening reports at this time. An application may be denied due to the following reasons:

Income

  • Insufficient proof of income or monthly household income less than three times the monthly rental amount.

Credit History

  • Unverifiable Social Security number
  • Credit score below 600
  • Open bankruptcy
  • Bankruptcy discharged or dismissed in the past 24 months
  • Judgment or collection for unpaid rent
  • Judgment or collection for damage to the rental unit
  • Foreclosure in the past 24 months
  • Past due mortgage
  • Tax lien

Criminal

  • Criminal records will be reviewed on a case-by-case basis, taking into consideration the nature and severity of the conviction and the length of time since the criminal activity. Falsifying an application will also result in denial.

Eviction and Judgment

  • Eviction filed in the past 48 months, judgment or collection for unpaid rent, judgment or collection for damage to rental unit.

Rental History

  • Unverifiable rental history
  • Unfulfilled lease obligation(s)
  • Current or past balance owing for deposit, rent, fees or damages
  • Eviction pending
  • 2 or more late payments within a 12 month period
  • 2 or more NSF checks within a 12 month period
  • 2 or more complaints within a 12 month period
  • Less than 12 months of rental history
  • Unauthorized pets
  • Unauthorized occupants
  • Damage to the unit or property
Share by: