Resident Criteria
Answers to your frequently asked questions
Thank you for your interest in an LGI Living rental home. We want your application process to be as efficient and cost effective as possible. Before you apply, please review the resident criteria below to determine your eligibility as an applicant.
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Application
Each occupant 18 years of age or older must complete an application. An application fee of $55 will apply and must be paid by each Applicant. This fee is non-refundable. -
Occupancy
The maximum occupancy should not exceed two (2) persons per bedroom. -
Pets
Pets will be subject to visual inspection and veterinary records may be required. Poisonous, Wild or exotic animals are not permitted. Residents will be required to comply with community policies regarding pets. Additionally, residents will be required to sign a Pet Addendum, pay a monthly fee of $25 per pet and pay a $250 refundable pet deposit. -
Renter’s Insurance
Residents will be required to obtain renter’s insurance. -
Income
The combined gross monthly income for applicants should be at least three (3) times the monthly rent amount. In the event of more than two applicants, only the income of the highest two earners will be used for this criteria. Proof of income is required and may require pay stubs, tax returns, bank statements, 1099s or other verifiable documentation. Applicants that have just started employment may provide an executed offer letter or employment contract to verify income. Pre-paid rent or a Guarantor may be used if income requirements are not met. -
Credit
A credit report will be obtained on all applicants to verify credit ratings. Applicants with open bankruptcies will be denied. Applicants with no credit history may be denied. The amount of Security Deposit required for a lease will be a function of the credit score of the Applicants. -
Rental History
Prior evictions may result in a denial of the application. Applicant may also be denied for any outstanding debt/judgement to a previous landlord. -
Criminal History
Each applicant will be subject to a criminal background check. Convictions which require applicant to be registered as a sex offender will result in the automatic denial of the application. Convictions for illegal manufacturing or distribution of a controlled substance will result in the automatic denial of the application. Applicants will be denied if convicted of a crime which requires offenders to be registered in a terrorism database. Application will be denied if applicant appears on an OFAC list.