This procedure applies to all new applicants. All adults living in the household must be screened for credit/criminal and are required to be a Lease holder, unless they are being claimed as a dependent on the tax return of the main applicant.

The following screening procedures and review processes are used in determining your eligibility:

• Income Verification - Rent to Income Ratio (ability to pay rent)
• Landlord Verification
• Credit History
• Criminal History
• Foreign Applicant Processing
• Occupancy Standards

1. INCOME VERIFICATION (ABILITY TO PAY RENT) • Third-party written verification of all income sources will be required to determine your eligibility.

• Sources of Income Verification: alimony/child support, other income, pension benefits, social security income (SSI), unemployment benefits, student loan/grant verification, and welfare benefits (AFDC), etc.
• Employment Verification: You must provide your last two pay stubs, or you must provide three months of bank statements, savings account statements, or retirement documents.
     o If you are transferring from another state for a new job, you will need to provide the written offer letter from your new employer as verification.
     o If you are paid in cash, you will need to provide a notarized letter from your       employer stating that you are paid in cash and how much you make per week.
• Self-employed Verification: If you are self-employed, you must provide the last 2 years of your tax returns.
     o Eligibility will be determined based on your gross income.
     o If it is a new business, you must provide proof of monthly gross revenues.
• In determining income eligibility, please see the following:
     o You are required to have income of 2.5 times the monthly market rent
     o If you require a cosigner for income eligibility, they must make 4 times the monthly rent to qualify as your cosigner.

2. LANDLORD VERIFICATION - You must provide the last 2 years on residency on your rental application. The following criteria will be used to determine your eligibility:

• If you have owned a home, payment history on credit report can be used if payment history shows current for 2 years. If your homeownership does not show on credit report, you can provide a title deed or an official document in your name to show proof of mortgage paid off.
• Any instance of you leaving a prior residence where you have a current, unpaid balance will result in automatic denial. If balance has been paid, an additional deposit/bond will be required.
     o Proof by landlord of balance paid in full will be required for review.
• Any eviction judgement on you from a prior residence will result in an automatic denial.

3. CREDIT HISTORY - Your credit report will be reviewed to determine the history of your payment practices including utilities, outstanding loans, judgments, repossessions, foreclosures, bankruptcy, etc. The following specifications will be used as a benchmark in reviewing your credit report:

• Your last 2 years of addresses will be verified against the Rental Application.
• Your place of employment and employment dates will be verified against the Rental Application.
• Your credit history will be reviewed as follows:
     o Credit scoring is calculated using SafeRent Solutions, and approvals are based on the program setup by the property.
     o Any collection from an apartment community within our pre-determined amounts and years in SafeRent Solutions will be an automatic denial.

4. CRIMINAL HISTORY - Criminal Background checks are required for all adults living in the household. A decision will be automatically generated by SafeRent based on the criteria Madrona Pacific has set forth.

5. FOREIGN APPLICANT PROCESSING - This manual processing will be used for ALL Non-U.S. citizen applicants. 

• You are required to have a SS or ITIN number which will be used when processing your application in ResMan and SafeRent Solutions.
• You are required to have a valid photo I.D. (International Passport or State I.D.).
• A security deposit equal to two months' rent is required if you are processed this way, where allowed by law in each state.

6. OCCUPANCY STANDARDS - In determining initial eligibility, the suggested number of persons to occupy an apartment is as follows:

• Studio Apartment: One (1) person
• One Bedroom Apartment: Three (3) person
• Two Bedroom Apartment: Five (5) person         
• Three Bedroom Apartment: Seven (7) person
• Four Bedroom Apartment: Nine (9) person