Welcome to the Park Hill Online Application
Resident Qualifying Criteria
We are pleased that you are interested in leasing with us. We have listed below is the criteria for qualifying as a resident at our community.
A separate application must be fully completed, dated and signed by each applicant and all co-applicants. (All applicants, co-applicants, and guarantors must be of legal age of 18 and over) We will not process an application until all completed applications, guarantor applications, income verifications, application fees and deposits have been turned into the leasing professional. Applicant(s) may be denied occupancy for, falsification of application by any applicant, this also includes non-completion of application and/or insufficient income and/or if verifiable income is not provided.
One (1) year satisfactory, verifiable rental history or home ownership with:
- No more than two late payments
- No more than 2 NSF's
- Fulfilled lease obligations
If less than one (1) year of verifiable rental history, and employment and credit are satisfactory, then an additional deposit of $200 will be due at time of move in.
Forms of home ownership accepted: Tax, Appraisal, or Mortgage Statement listing applicant as owner.
If you currently owe another apartment community, are currently in foreclosure, owe a utility company money, and/or were previously evicted, an applicant will not be approved. If you had poor housekeeping, poor supervision of guest(s), unruly or destructive behavior by lease holder or occupant, guest(s) and/or violence to persons or property by lease holder or occupant(s), guest(s), an applicant will not be approved.
Applicant(s) must have a minimum 1 year verifiable employment from current employer or verifiable source of income. Minimum income requirements are three (3) times one month's market rent, if applicant (s) don't meet the minimum income requirements, then a guarantor is required.
Sources of Income Considered:
- If you just started a new job, we will combine your most recent previous employment history or accept a signed offer letter verifying your new job starts within 30 days of your anticipated move in date.
- Bank statements for the past 3 months showing a revolving balance of at least 3 times the market rent for 1 year
- Most recent pay stubs verifying property minimum income requirements
- If Alimony / Child Support / Social Security / Disability / Financial Aid / Military Housing Allowance are used as income, official documentation indicating amount and frequency of payment must be provided.
- Bank Statements from the past three consecutive months demonstrating (1) sufficient balance to cover entire lease term and (2) balance has been maintained over three month period, with no major fluctuations. (per property minimum income requirements)
- If Retirement/Trust Fund is used as income, official documentation from company managing fund, indicating amount and frequency of payment must be provided. Verification of full retirement fund balance, which must cover rent for the entire lease term (per property minimum income requirements).
- Self-employed individuals must provide previous year's tax return.
Guarantor must be a relative. Guarantor will not be accepted for negative rental history, credit or employment history. Guarantors must have one (1) year verifiable employment with a gross income no less than five (5) times the market rental rate and possess positive credit and rental history. Guarantors will be held fully responsible for the lease should the occupying lease holder default. *All verification must be given to your leasing agent to copy and place in your folder.
It is company policy that all residents have renter's insurance coverage, with a minimum of $100,000 liability insurance. We offer a high quality renter's insurance option through a partnering resource, www.erenterplan.com, which eliminates the underwriting to obtain coverage, because all residents are prequalified for an e-RenterPlan insurance policy. Whichever policy you choose to go with, all leaseholders signing the lease must be named on the policy and provide us with a copy of the declarations page for your file.
A criminal background search will be conducted for each applicant and occupant over the age of 18. It is our policy not to lease to applicants with felony convictions, felony deferred adjudication and certain misdemeanors concerning violence or drugs. If the criminal background search and/or information provided by you reveals past criminal convictions which violates our policy, your application may be denied. Certain approvals may be allowed according to the property look-back policy. You may request a copy of this policy. This requirement is not a guarantee or representation that residents or occupants currently residing in our community have not been convicted of a felony or subject to deferred adjudication for a felony, certain misdemeanor or sex offenses requiring registration under applicable law. Our ability to verify this information is limited to information made available to us by the resident credit-reporting services used.
Applicant(s) must have more than 50% positive credit (negative credit includes trade lines with 60 days (or greater) past due. If positive credit is below 50% percentage and all other criteria are satisfactory, then a guarantor is required. Having no verifiable credit or trade-lines is considered good credit. Bankruptcy - less than 12 months old, automatic denial. If bankruptcy has been discharged, and credit has been established, then it is acceptable. Collections of a medical nature, collections pertaining to student loans and collections over 7 years old will not be counted against the applicant.
Cancellation of Application
All application fees and administration fees are forfeited and non-refundable after 24 hours, regardless of approval status. Deposits are refundable provided all provisions of the lease agreement are met. If application is declined, deposit will be refunded within 30 days of the notification of declined application. It is our policy to offer apartments for rent to the general public without regard to race, color, national origin, religion, creed, sex, familial status or disability status. The employees have a legal obligation to treat each individual in a consistent and equally fair manner.
Pet weight limit 75 pounds or less. Pet must be at least one year old and have current license and immunizations, and house broken. A formal veterinary statement is required prior to move-in verifying the breed, weight, age and immunizations. No aggressive breeds, exotic animals, reptiles, rodents, or large birds are permitted.
The following dog breeds or mixed thereof are not allowed and not limited to: Pit Bull, German Shepherd, Wolf hybrids, Akita, Bull Mastiff, Chow, Doberman, Husky, Rottweiler, Staffordshire Terrier.
Do not feed your animals or wild animals on the exterior of the building. One pet $300 deposit, $200 nonrefundable fee, $15 monthly pet rent* Two pets $300 Deposit, $400 non-refundable fee, $20 monthly pet rent*, Three pets $300 deposit, $600 non-refundable fee $25 monthly pet rent * Pet deposits and fees do not apply to service animals.
If you have a service animal, please let us know at the time you lease as fees do not apply.
I have read and understand the above Resident Qualifying Criteria.
How information is collected. You will be furnishing some of your personal information (such as your Social Security or other governmental identification numbers) at the time you apply to rent from us. This information will be on the rental application form or other document that you provide to us or to an apartment locator service, either on paper or electronically.
How the information is used. We may use this information in the process of verifying statements made on your rental application, such as your rental, credit or employment history. We may use the information when reviewing any lease renewal. We may also use it to assist us in obtaining payment from you or any money you may owe us in the future.
How the information is disposed of. After we no longer need your social security or other governmental identification numbers, we will store or destroy the information in a manner that ensures that no unauthorized person will have access to it. Our disposal method may include physical destruction or obliteration of paper documents or electronic files containing such information.
Please choose "I Agree" to continue to the application