Screening Procedure :: Apartments for Rent in Portland, Beaverton, Tigard, Salem, Corvallis, and King City, Oregon

Screening Procedure

Three (3) years of verifiable rental history from unbiased/unrelated sources.
Applicant must provide us with the information necessary to contact pasts landlords. We reserve the right to deny a Rental Agreement if after making a good faith effort, we are unable to verify prior rental history.
Allowances may be made for applicants who provide qualified co-signers or pay a higher security deposit.
Additional security or a co-signer may be requested for no rental history or unverifiable rental history.

Verifiable gross income must be 3 times the monthly rent
Applicants must provide us with information necessary to verify income and resources through employer contact, pay stubs, tax records, and/or bank statements.
Income must be reasonably stable and not temporary.
Allowances may be made for applicants who provide us with co-signers or additional security.

A criminal history review is performed an each applicant through public records. We do not accept applicants with a felony conviction within the last five (5) years.
A credit check is performed on each applicant. An applicant with good credit a positive rental history, stable employment (6 months or more at their current job) and adequate income will pay a minimum $400.00 security deposit. Additional security is required based on the following criteria with respect to Outstanding Bad Debt (OBD) as reported by the Credit Bureau. OBD includes delinquent accounts 60 days, collection accounts, bankruptcy, repossession, liens, foreclosures, judgments, garnishments, write-offs.

Description of Additional Security ($400 minimum plus stated figure)

A rental agreement may be rejected for any of the following reasons:

Unable to verify past or present rental history, stable income or employment, or identification.
Negative information regarding past or present rental history, previous eviction within the last 3 years, payment performance, credit references, or criminal convictions if the crime indicates that applicant may 1) pose a threat to the health or safety of others, 2) cause physical damage to the property, or 3) involves the manufacture, distribution or possession of illegal drug substances, 4) any felony conviction within the last five years.
Misrepresentation: Any false information provided by the applicant.
Failure to complete the rental agreement in full.
OBD over $2,500.
Five or more OBD accounts.
OBD due to a prior landlord.