What is Reviewed in Your Resident Application Process?

What is Reviewed in Your Resident Application Process?

Our applications pull a credit report, verify income and income history, verify current rental and housing payment history, and performs criminal background checks.

There is not one formula that must be met to be approved. The entire application is reviewed and considered in order to make a decision. A common question though is how much income do you need to make to qualify? A simple rule of thumb is we like to see monthly gross income of at least 3x the rent.

When you sit down to complete an application, please have available information on your current living arrangements, your employer, children and pets. You will be requested to upload proof of income to include last year’s W-2 or 1099, and the most current year to date pay stub. If you own a pet you will also be directed to wilmoth.petscreening.com to have the pet apply.

Past criminal history that is revealed in the screening will be reviewed as part of the total screening and all factors as above. The only exceptions are violent crimes and registered sex offenders. If you have one of these on your record you should contact us first before applying.

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WILMOTH Group is headquartered in Indianapolis, Indiana and Fort Myers, Florida. We focus on providing creative local solutions for a variety of residential real estate needs including, properties for sale, property management services in Indianapolis, and short-term management services in Tampa and Fort Myers.