- $40 application fee per adult. Everyone living in the home over 18 must submit separate applications.
- Applications may be submitted on our website at www.armtn.com
- Income should be at least 3 times the monthly rent.
- Applications are processed during posted normal business hours and standard response time is 48 hours (additional time may be required if we cannot get proper documentation)
- Only one application is needed per person. Your application will be good for any property managed by Asset Realty Management. Applications are kept on file for 3 months before they expire.
- Evictions and Landlord collections unpaid on credit file or in court records–AUTOMATIC DENIAL–unless you have binding written proof they were paid.
- Unpaid utility companies–AUTOMATIC DENIAL–unless you have binding written proof it was paid.
- We reserve the right to make decisions on FELONY criminal history on a case by case basis. Please disclose to us before applying.
- Credit scores under 600 MAY require an increased or double security deposit and/or co-signer.
- Bankruptcies must be fully discharged to pass the credit requirements
- We need 2 verifiable rental references. If you own a home we may accept proof in lieu of this.
- Negative rental payment history MAY be cause for denial.
- Job time under 6 months may be cause of double deposit and/or co-signer.
- Applicants with no rental history may need a co-signer.
- For our properties that do accept pets, please read our Pet Policy located under Applicant Information on our website. Rental insurance MAY be required on those properties.
- Applicants are served on a first come, first served basis: however if there is more than one applicant for a property, the applicant with the better application (higher credit score, better income) will prevail.
- We will accept all applications on available properties until a security deposit has been paid.
- Once security deposit has been paid, the lease will need to be signed and utilities turned on in applicants name within 2 weeks, WE CANNOT HOLD A PROPERTY MORE THAN TWO WEEKS.
- Security deposits must be paid with certified funds, such as a money order or cashiers check. We DO NOT ever accept cash at our office.
DOCUMENTS NEEDED TO PROCESS YOUR APPLICATION
We will need the following documents to process your application:
Two or three recent pay stubs and phone number of employer OR proof of other income such as retirement or disability insurance.
Drivers license or valid photo ID.
Self-employed or 1099 contractors will need recent tax return and verifiable bank statements.
Two or more VERIFIABLE rental references with phone numbers. We may accept a letter from landlord with phone number.
Mortgage or property tax documentation if home owner
***Applications in which we do not receive the required documents will not be able to be processed***