Rental Criteria
All persons 18 or older must apply. The non-refundable application screening fee is $35.00 per person.
Global Tenant Screening and Leasing Criteria:**
- Security Deposit: Range from $500 to 1 month’s rent, and specials may apply. Some listings may have different deposit requirements.
- Credit Requirements: FICO score of 650 or higher (average of all applicants’ scores) is required for our minimum security deposit. Between 600-649 score may be acceptable with an increased security deposit. If the Credit Score is below 600, a co-signer / guarantor will be required.
- Income and Employment: Applicants must have 2+ months of verifiable income and earn more than 2.5x the monthly rent (before taxes). In lieu of adequate income, 6 months of rent as cash reserve will be acceptable, or a co-signer will be required. Acceptable income documents include 2 months of recent paystubs, recent tax returns, or account statements.
- Rental History: 1+ year of verifiable rental history (in the last two years) with a positive record. 12 months of on-time mortgage payments on the Credit Report is also acceptable. Applicants with no acceptable rental history may be subject to an increased security deposit or declination.
- Identification: Government-issued photo ID is required to be verified for authenticity in person. A valid social security card may need to be verified in the event of a “red flag” or “identity fraud alert” during screening.
- Criminal Background: No Felony convictions in the previous 7 years. No misdemeanor convictions related to theft, drug manufacturing, or violent crimes in the previous 5 years.
- Pets: Some pets may be permitted upon owner approval and subject to additional requirements. Additional fees or deposit requirements may apply.
- Occupancy: Maximum of 2 persons per bedroom +1. For studios, maximum of 2.
- Renters’ Insurance: All tenants are required to maintain a minimum $1m policy.
Co-Signers / Guarantors
Co-signers take responsibility to “guarantee” rent payments and allow tenants who fail to meet our credit or income requirements to override certain rental requirements. Co-signers may NOT reside in the property. There can never be more than one Co-signer per applicant group. Should a tenant fail to pay rent on time, Co-signers must be notified in addition to the Tenant, and Co-signers’ credit may be affected by debts and evictions.
Co-signers must meet the above standardized criteria, in addition to the following more stringent financial requirements: FICO score must be 700 or higher, and the monthly income must exceed 3.5x the monthly rent. Co-signers must reside in the state of California.
- **Note: Our Global Screening Criteria are applicable to most of our rentals, but additional requirements may apply for select properties. Inquire with an agent for additional details. Screening criteria are subject to change at any time.
- Equal Housing Opportunity: We are committed to providing equal housing opportunities in accordance with the federal Fair Housing Act, California’s Fair Employment and Housing Act, and all applicable local ordinances. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, ancestry, familial status, source of income, disability, or any other legally protected class.