Rental and Occupancy Criteria Guidelines
Applications for residency will be evaluated using the following criteria:
Rental applications will be processed for all prospective applicants 18 years of age and older who will be the responsible leaseholder. (A non-refundable application fee must be paid for each occupant 18 years of age
SALARY AND INCOME
- All residents must
show proof of legal and verifiable income.
- If employed,
applicant must provide their two most recent pay stubs, and the employer will be contacted to verify employment.
- All other sources
of income must be verified. These sources and verification could include, but are not limited to, tax returns, bank statements, 1099’s, proof of government payments, proof of investment or trust
fund income, student loan or grant award documents, Court Orders for child or spousal support, etc.
- Gross monthly
income of combined applicants must be 3 times the scheduled rent of the apartment being leased.
applications must be processed simultaneously.
- Applicant’s credit
history will be reviewed for late payments, charge-offs, unpaid collections, judgments and eviction records.
- At least 2 years of
verifiable good rental history is required
- A criminal
background check will be run for each applicant.
- If an applicant
doesn’t not meet all requirements; an additional deposit equal to one month’s rent will be required in addition to the standard deposit for the unit rented.
DECLINED APPLICATIONS (If any of the following apply, the application will be declined):
- No verifiable
income or salary.
- Falsification of
- Applicant has been
convicted of a felony that poses a threat to the apartment community.
SECURITY DEPOSIT REQUIREMENTS
- A security deposit
is required to be paid in full prior to moving in. If applicant is not approved, a check for the full deposit amount (not including application fees) will be mailed within thirty (30) days
- All move-in rent
and deposits must be paid by money order or cashier’s check or through our online payment method. No cash will be accepted. If the bank returns the application fee, the application will
automatically be declined.
- Maximum number of
persons per apartment: 2 persons per bedroom plus 1. Example: 1 bedroom limit is 3 people, 2 bedroom limit is 5 people, 3 bedroom limit is 6 people.
This community is committed
to DRUG-FREE HOUSING. The lease agreement prohibits criminal activity, including drug related criminal activity on or near our premises.
Thank You for
choosing The Residence at Okemah Apartments!
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