🏠 Rental Application Qualifications

To ensure a smooth application process, please review the requirements below.

📝 General Application Requirements

• Who Must Apply: Every person over 18 years old must submit a separate application.
• Application Fee: A non-refundable fee of $70 per adult is required to process the application.
• Processing Time: We aim to process applications within 3 business days of receiving all required documents. Processing may take longer if we don't receive timely responses from landlords or employers.
• Approval: All applications are subject to final approval by the property owner.
• Unit Availability: Units are rented on a first-come, first-served basis after an applicant is approved and the reservation fee is paid. We cannot guarantee any unit.

📄 Required Documents

Please provide the following for a complete application:

• Government-issued photo ID.
• Proof of Income:
  • If Employed: 1 month of most recent pay stubs.
  • If Self-Employed: 2 years of tax returns or 3 months of most recent bank statements.
• Residential History: Contact information for landlords covering your last 3 years of residency.
• Pet Verification: Complete the Pet Verification Form (even if you do not have pets).

💰 Financial & Income

• Income Requirement: Your household's GROSS monthly income must be at least 3 times the monthly rent.
  • Note: Income is verified per household, but all other factors (credit, criminal, rental history) are verified individually.
• Income Verification: PMI Beltline uses Plaid for secure, instant income and identity verification. Applicants may opt out and provide manual documentation (PDF pay stubs/bank statements). Please note: All manual document submissions are subject to forensic metadata screening for fraud. Submitting altered or fabricated documents will result in an immediate denial, forfeiture of application fees, and potential reporting to national fraud databases. Manual submissions may also require higher security deposits or rent prepayments.
• Credit Score Guidance: While not the sole factor, credit is taken into account.
  650+ = Very Likely to be Approved
  600 - 649 = Likely to be Approved
  531 - 599 = Possible Approval
  Below 530 = Most Likely to be Denied

🛡️ Resident Benefits Package (RBP)

Monthly Investment: $47.45/mo

All residents are automatically enrolled in our Resident Benefits Package, a premium service designed to provide convenience, professional support, and long-term financial benefits.

Financial & Credit Perks

• Credit Building & Reporting: We report your on-time rent payments to major bureaus to help boost your credit score automatically.
• Late Fee Forgiveness: We understand life happens. Enjoy one-time late fee forgiveness per lease term.
• Resident Rewards: Earn points for everyday expenses and on-time payments, redeemable for various rewards.
• Home-Buying Assistance: Planning for the future? Get professional guidance and resources when you’re ready to transition from renting to owning.

Home & Maintenance Services

• HVAC Filter Delivery: High-quality filters are delivered to your door every 90 days, lowering utility bills by up to 15% and improving indoor air quality.
• 24/7 Maintenance Reporting: Submit requests anytime via our dedicated line or portal for peace of mind around the clock.
• Vetted Vendor Network: Rest easy knowing that any technician entering your home has been pre-screened for safety and quality.
• On-Demand Pest Control: A targeted, reactive approach to keep your living space pest-free.

Convenience & Protection

• Online Portal & Payments: Manage your lease, view documents, and pay rent securely from any device.
• Move-In Utility Concierge: One call does it all. Professional assistance setting up your utilities, internet, and cable.
• Identity Protection: Up to $1M in identity theft protection for all adult leaseholders.
• Master Liability Insurance: Coverage that meets your lease requirements is included (unless you provide your own A-rated policy).

🏡 Rental History

• Required History: At least 2 years of verifiable rental history is preferred.
• Evictions/Debt:
  • No eviction records within the last 2 years.
  • No more than 2 evictions in the last 10 years.
  • No outstanding debt to previous landlords or negative references.
• Bankruptcies: Must be discharged or dismissed (no open bankruptcies).

⚖️ Criminal History (Screened Individually)

Applications may be denied based on criminal history.

• Automatic Denial (Convicted within the past 7 years):
  • Felonies involving acts of violence, sexual assault, drug manufacturing/distribution, arson, or serious theft/burglary.
  • Crimes such as murder, kidnapping, harassment, stalking, or terrorist threats.
• Felonies: Any felony conviction with a release date less than 7 years ago will be denied.
• Misdemeanors: Any misdemeanor conviction may affect the final decision based on the nature of the charge and date of conviction. Proof of resolution may be required.

✅ Approval & Move-In Process

Once your application is approved, follow these steps to secure your new home:

A. Reservation Fee

To reserve the property and take it off the market, a non-refundable Reservation Fee (equal to one month’s rent) is required.

• The property is not reserved until the payment has cleared.
• Forfeiture: If you cancel after paying this fee, the funds are forfeited.
• Lease Timeline: The lease must start within 30 days of paying the Reservation Fee. Rent begins on the lease start date, regardless of your physical move-in date.

B. Accepted Payment Methods

• Money Order or Cashier’s Check
• Wire Transfer: Required for out-of-state applicants (takes 2–3 days to clear; requires PMI Beltline approval).

C. Move-In Funds & Utilities

All funds must clear before keys are released. This includes:

• Security Deposit & Reservation Fee (if not already paid)
• Lease Initiation Fee ($150)
• Resident Benefit Package (RBP) - First Month ($47.45)
• Pet Fees (if applicable)
• Utilities: You must provide proof that all utilities are scheduled to begin on or before your lease start date.