Property Application Requirements
Fair Housing Statement: We are a fair housing provider. We do not discriminate against persons on the basis of race, color, religion, national origin, sex, familial status, disability, creed, marital status, public assistance, ancestry, and sexual or affectional orientation.
Application Fee. There is a $50.00 Non-Refundable application fee per adult over 18 years old residing in the home.
Lease Administrative Fee. If you are approved as a Tenant, you will be assessed a $100.00 Non-Refundable Administrative Lease fee.
Please note that if you have outstanding utility bills (water, gas, electricity, cable, phone) or any active collection accounts, your application will not be accepted. In the event that you apply for a home with a co-applicant, both applications must meet our requirements to get approved for the home.
Qualifications are based upon monthly gross income (this includes supplemental income) that must be 3 times the rental amount. You will be requested to provide proof of payments (paystubs and screenshots of your bank statement deposits).
Good rental history is defined as possessing a satisfactory record of paying rent on time; additionally, there are no evictions filed on your rental history. Unsatisfactory rental history disqualifies you from being approved. Your application will not be considered if you have one or more evictions filed on your record. If you ever had a housing related debt on your credit report, whether it is paid off or not, your application will be rejected. You will be requested to provide proof of your rental payments for the past twelve months (screenshots only).
If there is more than 1 occurrence where your rent was paid late, your application will not be considered. If you do not have rental history or we cannot verify your rental history (for example because your landlord did not respond or because you stay with a family member), your application will not be considered.
Twelve months minimum with option to extend
SECURITY DEPOSITS PRICES RANGES / CREDIT SCORES
1 Time Monthly Rent – 1.5 Times Monthly Rent
The security deposit required is based upon the results of your processed application. Listed below are the security criteria details that you might fall into according to your rental history and your application results. Please note that if your credit score is below 600 or if you do not have a credit score, your application will be rejected. Every applicant must have a credit score of 600 or above. If two applicants apply for a home and one has a credit score below 600 or no credit score, their applications will not be accepted.
Security deposit amounts range from one month to one and a half months’ rent.
Security Deposits are refundable if the house is returned in the same condition it was rented minus wear and tear, and if there are no unpaid fees or rent.
Bankruptcy: Any bankruptcy filing will be grounds for denial of the application, whether active or dismissed.
Aramis Realty does not allow co-signers. All applicants must be residents.
Section 8 Applicants: If Housing Authority is paying 100% of the rent, Aramis Realty won’t need to rely on your credit score. If Housing Authority pays less than the full rent, you will need to meet our 600 minimum credit score to be approved for the home. Please kindly check your voucher.
PET TERMS & CONDITIONS
All animals are subject to a pet screening process. Pets must be less than 45lbs, non‐aggressive, and house trained. Once approved, there is a $300 non-refundable pet fee per pet with an additional $50 in pet rent per month per pet. No more than 2 pets are permitted.
CREDIT CONTINGENCY FEE
Prior to processing your application, we would like for you to be aware that you will be required to pay a Credit Contingency Fee which is based on your credit score. Based upon extensive research (statistical and historical analysis), it has been proven that an Applicants credit score can inadvertently affect the risk and likelihood of lease default. Applicant’s with a low credit score pose a higher risk and liability for Landlords.
Should the application be approved; the credit contingency fee will be added to total move-in costs.
Fortunately, we here at Aramis Realty see potential in you as a future tenant and we understand that things happen. However, in an effort to alleviate that risk factor, we have implemented the following scoring system:
Credit Contingency Fee
|700 – 850||$0.00|
|650 – 699||$200.00|
|600 – 649||$300.00|
PROOF OF INCOME OPTIONS
- 4 Check Stubs if you are employed
- 6 months of deposit statements and Tax Returns for the last 2 Years if you are self-employed
- If you are relocating to Atlanta or the surrounding area due to a job or transfer request, please submit a transfer approval / employment award letter along with the information requested above.
APPLICATION DECISION TURNOVER TIME
A decision will be made within 5 to 7 calendar days. If you have not received a decision by that time frame, please email email@example.com for an update.
We do not require Renters Insurance but we do require a “Risk Management Fee” that is used to protect the community from damage to the property. It protects the property ownership and is not protection for you. Your lease ledger will be charged a monthly fee in the amount of $13.25 (Thirteen Dollars and Twenty Five Cents). This stipulation is non-negotiable and required. If you would like protection for your own personal belongings, you should consider enrolling in “Property Protect”, our preferred partner for contents-only coverage. Or, you can obtain your own renters insurance policy from a licensed insurance agent. If you wish to enroll with “Property Protect” go to www.propertyprotectenroll.com.
All applications are processed by Rental History Reports. Please direct all inquiries regarding your file to the following address:
Rental History Reports
7900 West 78th Street, Suite 400 | Edina, MN 55439
Telephone (952) 545‐3953 or (888) 389‐4023
All property viewings are scheduled at your leisure! You pick what works for YOU!
SELF SERVICE VIEWING SCHEDULE
Please call 678-403-0294
Monday – Sunday: 8:00 AM – 7:30 PM