RENTAL ACCEPTANCE GUIDELINES
APPLICATION PROCESSING FEES:
Application fees are $30.00 per application and $45.00 for married couples.
All applicants must be eighteen (18) years or older or be a legally emancipated minor to apply for an apartment. All occupants over eighteen (18) are required to complete an application and be a lease holder.
No cash accepted. We accept personal checks, money orders and/or cashier’s check. We also accept all major credit cards, visit our website at www.parkforestapts.com, convenient fees will apply.
Application screening includes current employment, rental history, credit check, eviction/skip search and a criminal background check.
A security deposit reserves an apartment home and is due when applying at Park Forest Apartments.
Upon approval a partial deposit of $100 is required. If applicant cancels application after 72 hours from approval date applicant will forfeit partial deposit in full. OCCUPANCY STANDARDS:
A maximum of two people in a 1 bdr/1ba unless the third occupant is younger than 24 months.
A maximum of four people in a 2 bdr /2ba unless the fifth occupant is younger than 24 months.
A maximum of five people in a 2 bdr /2 ba tri level unless the sixth person is younger than 24 months.
Guests may not reside in home longer than seven (7) days without written consent from management. INCOME
Household verifiable gross income must equal or be greater than three (3) times the Market rental rate.
One (1) year at present job or verifiable former employment or an employment offer letter. Three current pay stubs are required.
Guarantor lease holders must have verifiable income that equal to five (5) times the Market rental rate. Guarantor is only allowed for full time students, with proof of enrollment.
If self-employed, most current tax return and bank statements for the previous two (2) months must be presented. Applicants employed on a commission only or base pay plus tips/commissions/bonuses are considered self employed (if unable to qualify on base income).
Monthly outstanding debt payments (including rent) should not exceed 50 percent of monthly gross income.
No outstanding debt to any housing provider and/or utility provider unless proof of payment in full is provided by debtor.
Bankruptcy history is acceptable if positive credit is reflected for the most recent 12 months.
International applicants may present a valid passport and/or other valid government issued identification in lieu of domestic credit history. Rental History
Positive rental history for the past twelve (12) months must be verified by your previous landlord. First time renters and Active Military will be considered to be good history, unless credit states otherwise.
No more than (1) late payments within a 12 month period and no NSF payments within a 12 month period will be allowed.
No history of Evictions.
I hereby authorize and direct any federal, state, or local agency, organization, business or individual to release information that will verify in facts as represented on my application to rent an apartment with Park Forest Apartments. I further understand that if I am not present, my signature must be notarized on this form and the application. I understand all parties involved must sign all legal documents and all monies due be paid in full prior to Park Forest Apartments releasing keys on the premises.
•No misdemeanors involving fire arms, drugs, theft, destruction of property, and/or crimes against a person, or any crime involving a minor in the past 10 years.
•A previous felony does not automatically decline your rental application. Each of them are reviewed and a decision is made by the credit screening company based on severity and length since occurrence.
By clicking the button below to begin the application, you understand and agree that you have read and accept the information above.
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