Rental Qualifications
****PETSCREENING** IS A REQUIRED PART OF THE APPLICATION PROCESS FOR ALL APPLICANTS:****
A welcoming environment is paramount to all of our residents. To help ensure ALL of our residents understand our pet and animal-related policies, we use a third-party screening service and require EVERYONE to complete a profile (No Pet/Pet/Animal). This process ensures we have formalized pet and animal-related policy acknowledgments and more accurate records to create greater mutual accountability. If you need accommodation in another way, don't hesitate to contact your housing provider.
Please get started by selecting a profile category on our landing page.
A. POLICIES:
- All persons leasing an apartment, condo, or single-family residence must be of legal age – 18 years or older – to sign a contract.
- Incomplete applications, lies & omissions on the application are grounds for denial.
- Everyone over the age of 18 years old is required to fill out a rental application
- Co-signers not accepted.
- Applications **WILL NOT** be accepted until applicants have viewed the home in person at one of the scheduled showings.
- Once the application is approved and the lease start date is confirmed, any changes to the move-in date may not be made.
B. INCOME REQUIREMENTS – The gross income to rent ratio to qualify is 3 to 1.
- Applicants must have current, consistent, and verifiable employment of at least 12 months. Please provide copies of at least 3 current consecutive pay stubs.
- Self-employed applicants must provide the following: 2 years' tax statements and 3 months' company bank statements.
- Retired applicants must prove the following:
A. Previous 3 months' bank statements indicating the monthly direct deposit.
B. OR, provide the documentation indicating monthly income, i.e. government letter of social security, disability income, or retirement (i.e. welfare, child support, alimony, etc.)
All verifiable sources of income will be considered. Pursuant to Cal. Govt. Code §12955(o), for applicants with rental vouchers or subsidies, the income threshold will be calculated based on the amount of rent that will be paid by the tenant (not the entire rent amount).
C. VERIFIABLE RESIDENCY – Applicants must have 1 year with good payment and rental history.
1. Recent college graduates may qualify without rental history only if all other criteria are met.
2. Relatives are not acceptable rental references
3. Daytime phone numbers and email are needed for rental references.
4. If you do not have landlord references but have sold your home, give the name of the Real Estate Agent who listed and sold your house. If you own a house you are now renting, indicate the person managing the property and their phone number. Provide the rent or mortgage payment amount as well as the length of residency and circle which applies.
5. Should the credit report come back with an “Address Discrepancy,” applicants must provide proof of their current address, Acceptable forms of proof include driver’s license or valid state ID, current lease or mortgage statement, home utility or insurance bill, or a pay stub dated within the past 30 days.
D. CREDIT CHECK – All applicants must have a favorable credit rating for the past two years.
1. Credit rating must be approved by the landlord. Credit scores under 640 or below may not be accepted.
2. Applicants with a tax lien, repossession, foreclosure, discharged personal bankruptcy, collections or less-than-favorable credit ratings may be accepted with an increased security deposit.
3. Applicants will not be accepted for the following derogatory credit records: Eviction and/or money owed to the landlord.
4. Bankruptcies must be discharged 2 years prior to application.
E. Residents Benefits Package
1. All HBR Rentals residents are enrolled in the Resident Benefits Package (RBP) for $50.95/month which includes renters insurance, HVAC air filter delivery (for applicable properties), credit building to help boost your credit score with timely rent payments, $1M Identity Protection, move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application.
C. APPLICATION FEE – NON – REFUNDABLE
- $50.00 for each applicant. Payment is available online.
- Any persons age 18 or older are considered an individual applicant (i.e. spouse, roommate, or family member must pay a separate application fee).
- There will be a $50 processing fee charged after approval.
D. APPLICATION ACCEPTANCE
- The first completed application received and the first qualified will be processed in order of receipt unless the owners request to view all applications.
- Upon acceptance of the application, the lease must be signed within 48 hours; otherwise, the lease will be canceled.
- The Security Deposit and move-in cost are due within 48 hours and must be paid by certified funds, brought to the office at 672 West 11th Street Tracy between 9 am and 5 pm.
- Rental Insurance Is Required