Before You Get Started

Please make sure and read the qualifications below.

You may be asked to provide proof of funds. Example: pay stubs and/or bank statements

It would be helpful for you to have any information you think we will need available to upload.

(Please note the approval process may take  3 – 5  business days, provided you include all the required documents with your application)

 

Here’s What You Need to Know

(1) We do not accept Zillow applications or any other third party, all applications have to be submitted through us.

(2) All occupants, 18 years of age and older, who will reside at the property must submit a separate application.

(3) Unauthorized occupants and subleasing (including but not limited to Airbnb and VRBO) are STRICTLY PROHIBITED.

(4) The first person to pay the deposit and fees will be able to move forward with a lease. You must be approved to pay the deposit and fees.

(5) The application fee is $55 and is nonrefundable. The application fee covers the cost for your background and credit reports.

(6) The maximum allowable number of occupants per unit is 2 individuals per bedroom.

(7) Move-ins more than 20 business days after the lease signing must be approved in writing by the Property Manager before the lease signing.

(8) The first month’s prorated rent is due before move-in. The monthly rent is due on the 1st of the month after that.

 

Approval Criteria (Rental Qualifications)

Favorable Rent History

Any negative rental history can disqualify any prospective resident’s application. Including but not limited to any Evictions and outstanding debt to a previous landlord.

Show the Ability to Pay (Favorable Work History)

Currently, a minimum of two and a half (2.5) times the monthly rent in net income.

  • NOTE: We reserve the right to adjust this minimum based on the number of applicants’ liabilities.

An offer letter or intent to hire letter should be submitted if employment has not started. 

A total of 2 months bank statements must be emailed to office@mhfproperties.net upon time of submitting application form.

  • If moving over 1 hour away from your current residence, we will require verification that there will be no change to your current income.

  • We do not accept unemployment, student loans, or financial aid as income.

Credit Scoring

A credit report will be obtained on all applicants to verify credit ratings.

Income plus verification of credit history will be entered into a credit scoring model to determine rental eligibility and security deposit levels.

  • This credit scoring model will include positive and negative payment history for lines of credit, usage of credit, credit history, credit availability, inquiry history, and student loans.

  • Unfavorable accounts which will negatively influence this score include, but are not limited to: collections, foreclosures, charge-offs, repossession, absence of credit, and current delinquency.

Open bankruptcies will result in an automatic denial of the application.

Criminal History

A criminal background check reveals no offenses that could lead to safety issues for the home or the neighbors near the home.

We consider the offense type, the offense’s severity, and the length of time since the offense occurred.

Refund Policy

The application fee is $55. The application fee is NOT refundable. 

Each person 18 years old or older living in the unit must complete an application. 

If you apply and are approved, but the unit you applied for is no longer available, you may move your application to any available unit you are qualified for. 

Applications are good for 60 days after the submission date.