Rental Application Screening, Background Check, Income, Credit Score Requirements and Criteria

To apply to rent one of our properties, please visit our website using the link below, search for the property you are interested in, and then click "Submit an Application."

https://touchpointpropertymanagement.com/search-rentals/

• Every occupant over 18 years of age must pay a $65 Application Fee and submit a formal application. 

• The Application Fees are non-refundable

• Please review the Lease Fees and Charges Section at the bottom of the page before applying.

• We typically receive multiple applications on the properties as soon as they go on the market, and we look at completed applications first. 

• We will not begin processing your application until we have legible copies of the requested supporting documents below. Once all are collected, we can complete your application within one business day.

What We Need From You:

• Make sure every occupant 18 years or older applies along with any Cosigners.

• Government-Issued Photo ID:
  • Copy of Government Issued Picture ID for all occupants and Cosigners over 18 years and older.

• Verifiable Household Income of 3 times the monthly rent: 
  • Provide copies of the following items below:
  • If Employed:
    • Last 3 most recent pay stubs
  • If Self-Employed: 
    • Last 2 most recent personal tax returns
    • Last 3 most recent personal bank statements
  • If both Employed and Self Employed
    • Provide all items above
  • Other Income: 
    • Such as Social Security, Investment Funds, Retirement Funds, Pension, or Alimony....please provide proof of such income.
  • If employed for less than 3 months at the current job, there is an automatic double security (2 months rent) deposit at move-in or through Obligo Subscription.
  • Job relocation:
    • If you are moving to the area and your current employer is transferring you: From your current employer, provide a job transfer letter on company letterhead; this must contain the supervisor's name, phone number, email address, start date, payment offer amount, and authorized signature.
    • If you are relocating to the area and have received a new job offer: From your new employer, provide your job offer letter on company letterhead; this must contain the supervisor's name, phone number, email address, start date, payment offer amount, and authorized signature.

• Verify Resident History:
  • If you are currently renting or have rented in the last year, provide prior rental history information, including the previous landlord or property manager's name, phone number, and email address.
    • We require proof that your last three rent payments were paid. (From Bank Statement or Formal Tenant Rent Ledger Report)
  • If you Owned or Owned your residence in the last year, provide Ownership documents, including your property address and your name. For example, a Copy of the Deed, Tax Records, and or Closing Statement.
  • Proof of Military Service in the last year, if applicable
  • If you can not verify any of the above, there is an automatic double security (2 months rent) deposit at move-in or through Obligo Subscription.

• PetScreening.com Report:
  • To claim if you "do" or "do not" have pets or service animals:
    • Check the property's advertisements and comments on our website to confirm the individual property pet policy.
    • We use a 3rd Party Pet Screening Service. You must go to this website link below and claim your Pet Screening report for each pet or service animal living on-premises. 
    • If you "do not" have a pet or animal, you still must go to the website below and choose "No Pets or Animals," and send us the "No Pet Affidavit" letter that they provide you.
    • Go to: https://touchpoint.petscreening.com and follow the steps to declare (No- pets or animals) or (Yes-Household Pets) or (Yes-Assistance Animals).
    • This Pet Screening Report is transferable to many other Property Management Company Properties.
    • Pet screening fees (paid directly to PetScreening):
      • $20 for the first pet
      • $15 for each additional pet
      • Service/Companion animal registration is (Free with proper documentation)
      • No Pet Affidavit (Free)

• Scoring Criteria:

  • Combined Average FICO Credit Check:
    • 675 or higher (Pass)
    • 625-674 (Conditional) 
    • 600-624 (Higher Risk) 
    • 599 and below (Automatic Denial)

• Verification of Income:
  • 3x Monthly Rent + Fees = Pass 
  • Below the above = Fail

• Verification of the last 3 Months of Rent Payment
  • Yes =Pass
  • No = Fail

• Criminal Background Check:
  • Sex Offender, 1+ felony or 5+ misdemeanors in last 7 years. (Automatic Denial)
  • No Murder, Manslaughter, Assault, Robbery, Rape, Child Molestation, Kidnapping, Arson, Manufacture, Delivery, sale of Illegal Drugs, or Possession with Intent to Deliver (Automatic Denial)

• Evictions Check, Landlord Disputes or Civil Judgements:
  • 1+ within the last 2 years or 2+in last 5 years (Automatic Denial)

• Late Payments, NSFs, or Accounts in Collection:
  • 3+ Late Pays/year, Unpaid Damages, or Rent (Automatic Denial)

Disclosure to Prospective Tenants Lease Related Fees and Charges:

• Click here to view Tenant Fees and Charges.

Questions?

• If you have any questions, email is the best method of communication. Our email address is support@touchpointpm.com

• You can also schedule a quick Q&A call back from one of our Leasing Coordinators by clicking this link below:
  • https://calendly.com/leasing-and-applications/15-minute-leasing-and-application-call?month=2023-11