RENTAL PROCESS

MINIMUM REQUIREMENTS

Applicants should generally meet the following requirements:

Household Income: At least 2× the monthly rent, unless otherwise required by Colorado law.

Credit Score: Generally 670 or higher.

Bankruptcies: No open bankruptcies. Applicants with a discharged bankruptcy (such as one resulting from medical expenses or a business closure) are encouraged to contact Amanda to discuss their circumstances before applying.

Evictions: No prior evictions.

Source of Income: All lawful sources of income are considered in accordance with Colorado law.

Additional Financial Resources: If your income does not meet the general guideline, additional documentation showing your ability to pay rent (such as bank or investment account statements) may be considered.

STANDARD LEASE FINANCIAL REQUIREMENTS

First Month's Rent: Due at lease signing.

Security Deposit: Due at move-in (key turnover). This is equal to one month's rent, plus an additional $300 pet security deposit if the household has one or two dogs.

Last Month's Rent: Our standard policy is to collect last month’s rent at move-in (key turnover). Based on the overall strength of the application, including factors such as credit history, income verification, rental history, and available assets, alternative payment arrangements may be available. These may include spreading the payment over the first six months of the lease or waiving the last month’s rent requirement entirely.

APPLICATION PROCESS (Free)

All documents must be submitted for an application to be considered completed.

2. Submit your credit report(s)

Email a complete credit report from Equifax, Experian, or TransUnion as one PDF file (not individual pages or screenshots).

The report must include more than just your credit score. It should show:

• Open and closed accounts

• Account balances

• Payment history

You can often obtain a complimentary copy of your credit report through your bank or credit card company.

You may also use Credit Karma if it provides the information listed above.

Please email your credit report to Amanda at acengel@comcast.net.

3. Submit your income verification

Income Verification Requirements

Please submit the documents that apply to your situation:

• W-2 Employees: Copies of your two most recent pay stubs.

• Newly Employed: A copy of your offer letter and your final pay stub from your previous employer.

• Self-Employed: Copies of your last two federal income tax returns (with your Social Security number redacted) and a current profit and loss (P&L) statement.

• Retired or Without Regular Employment Income: Documentation showing your source of income or funds, such as investment account statements, retirement account statements, pension statements, or Social Security benefit statements.

Additional documentation may be requested if needed to verify income, employment, or other information provided in your application.

Please email your income verification to Amanda at acengel@comcast.net.

4. Submit your identity verification

Provide one of the following:

• A copy of your valid driver's license, or

• A copy of another valid government-issued photo ID (such as a passport or state-issued identification card).

Please email these to Amanda at acengel@comcast.net or text to Amanda at (303) 379 - 9111.

WHAT HAPPENS NEXT?

Applicants selected to move forward will be asked to complete a background check. The applicant is responsible for paying the background check fee. If the results are consistent with the information provided on the application, the full fee will be reimbursed.

If your application is approved, you will receive a lease customized with the applicable names, dates, rental amount, and other terms.

The standard lease terms outlined below are subject to change based on your application and the property. Any changes will be discussed with you before the lease is finalized.

Lease Signing

Once your application is approved, the lease must be signed and the first month's rent received within 24 hours.

A lease is considered finalized when:

• All parties have signed the lease, and

• The first month's rent payment has been received.

The property will continue to be actively marketed until the lease has been fully signed and the first month's rent has been received.

The lease may be signed electronically. The first month's rent may be paid by:

• Cashier's check delivered in person, or

• Zelle.*

*Zelle is a secure money transfer service available through many major banks and credit unions. It allows customers to transfer funds between participating bank accounts without additional fees. Please check with your financial institution for details.

Move-in

Once a lease is signed, you’ll receive a welcome package that has all the information that you need to know - how to transfer utilities into your name, trash and recycle days, local cable and internet providers, and more.