When applying for a rental property, it is important that you have all the required documents when turning in the application. If an application is submitted with only partial information or missing documents, the application will not be processed right away. In such a tight rental market, this means another applicant can be approved for the property before your application has been processed.
Here is an overview of what we need to process an application:
– Completed application for each person 18+ that will be residing in the property. (Can be a paper application from our office or one submitted online through our website.) An application is considered complete when it is fully filled out (no sections can be left blank).
–Rental History– The application asks for a minimum of 5 years rental history. This includes the property address, contact name and phone number for references and dates which you resided at the property. Be prepared, because we will contact all previous landlords to obtain rental references.
-Photo I.D. for each person 18+
-Income verification- Combined gross income of all adult occupants must be at least 2.5x the monthly rent amount. We require the most recent two paycheck stubs for each person 18+. If you receive direct deposit or personal checks that you deposit into a bank account, we will require 6 months of consecutive bank statements to verify income. If you receive income outside of your employment that is consistent and would like that to be included with your application, we would need proper documentation to verify that as well.
-Pets– If you are applying for a property and have a pet, be sure to check that the property you are applying for is accepting pets. This information can be found on the website under the amenities and description section of the property. We require the breed, weight and picture of the pet to be submitted with your application.
-$30.00 application fee per applicant. Online this may be paid by credit card. If you are submitting paper applications to our office, the application fee must be paid in cash.
At California Oaks Property Management, we understand finding a rental property can be a stressful time. By being prepared when submitting your application, our office will be able to process your application faster and help you move into your dream rental!