Screening Requirements

Welcome to the American Property Management Screening Requirements page!

Thank you for visiting – we hope you find the information and links on this page useful. We have broken up the many aspects of the screening process and standards APM uses below. Feel free to select the topic you are curious about, or simply scroll through this page to read them in order.

Screening Requirements

  1. Rental Agreements
  2. Screen Charge
  3. Security Deposit
  4. Applicant Identification
  5. Applicant Rental History
  6. Applicant Sufficient Income
  7. Credit and Criminal History
  8. Non-Qualifying Applications
  9. Equal Housing
  10. Occupancy Standards

 

  1. Rental Agreements
  2. We process Rental Agreements on a first come, first served basis, and process only one agreement at a time.

  3. Screen Charge
  4. A $45.00 screening charge is required at the time of completing the Rental Agreement.

  5. Security Deposit
  6. The first month’s rent is pro-rated and a minimum $500.00 security deposit is charged and payable at the time you move in.

  7. Applicant Identification
  8. Applicants must show two (2) pieces of identification. One must be picture I.D.

  9. Applicant Rental History
    1. Three (3) years of verifiable rental history from unbiased/unrelated sources.
    2. Applicant must provide us with the information necessary to contact past 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.
    3. Allowances may be made for applicants who provide qualified co-signers or pay a higher security deposit.
    4. Cosigners must have a monthly income at least 4 times the rental amount and less than $100 ODB.
  10. Applicant Sufficient Income
    1. Verifiable gross income must be 3 times the monthly rent
    2. Applicants must provide us with information necessary to verify income and resources through employer contact, pay stubs, tax records, and/or bank statements.
    3. Income must be reasonably stable and not temporary
    4. Allowances may be made for applicants who provide us with co-signers or additional security
  11. Credit and Criminal History
    1. A criminal history review is performed with each applicant through public records. We do not accept applicants with a felony conviction within the last five (5) years.
    2. 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 $500.00 security deposit.
    3. 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, backruptcy, repossession, liens, foreclosures, judgments, garnishments, write-offs.
    4. Description of Additional Security ($500 minimum plus stated figure):
      • $100: No Credit
      • $100: OBD between $200 – $500
      • $200: OBD between $500 – $1500
      • $300: OBD between $1,500 – $2,500
      • $400: Bankrupty within the last 2 years and no OBD since filing
      • $400: Eviction 36-60 months ago
  12. Non-Qualifying Applications
  13. A rental agreement may be rejected for any of the following reasons:

    1. Unable to verify past or present rental history, stable income or employment, or identification.
    2. 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, (3) involves the manufacture, distribution or possession of illegal drug substances, (4) or any felony conviction within the last five years for drug-related crimes, person crimes, sex offenses, or financial fraud (including identity theft and forgery).
    3. Misrepresentation: Any false information provided by the applicant.
    4. Failure to complete the rental agreement in full.
    5. Five or more OBD accounts.
    6. OBD due to a prior landlord.
    7. OBD over $2,500 (except medical debt, student loans or past due mortgages).
  14. Equal Housing
  15. American Property Management does business in accordance with the Federal Fair Housing law, Title VIII of the Civil Rights Act of 1968 as amended by the Housing and Community Development Act of 1974 and the Fair Housing Amendments Act of 1988. APM does not discriminate in the rental of housing on the basis of:

    • Race
    • Color
    • Religion
    • Gender
    • National Origin
    • Disability
    • Familial Status
    • Marital Status
    • Sexual Orientation
    • Gender Identity
    • Source of Income
    • Domestic Violence Victims
  16. Occupancy Standards
  17. Current occupancy standards as set forth by the United States Department of Housing and Urban Development (HUD) and Oregon Revised Statues.

    • One (1) person in a studio or 0 bedroom apartment.
    • Two (2) persons per bedroom.
    • A child under the age of two (2) is allowed to occupy its parents bedroom
    • Individual case reasonableness will apply.

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