Application Process

GRAN INC
Residential Qualification Criteria

February 4, 2014 *

Valid Photo Identification will be required of all applicants.

Final recommendation will be dependent on all factors: rental, credit, employment & criminal history combined.
  • Rental History :
    6 months valid, verifiable rental history
    Valid rental history is a written lease or month-to-month agreement.
    If rental history is less than 6 months then an increased deposit may be required.
  • Credit History :
    No established credit history required for residency
    If derogatory credit history (excluding medical debt) is in excess of $500 but less than
    $3,000 then an increased deposit may be required.
    A discharged bankruptcy that is older than 24 months may qualify for an approval as long
    as there is no derogatory credit after the discharge date.
  • Employment :
    6 months with current employer or previous employment in same field of work
    If less than 6 months then an increased deposit may be required.
  • Income :
    6 months with current employer or previous employment in same field of work
    If less than 6 months then an increased deposit may be required.
  • Employment :
    Monthly gross income must be equal to at least 3 times the rental amount (only legal and
    verifiable income considered)
    If less than 3 times but greater than 2 ½ the rental amount, then an increased deposit
    may be required.
  • Criminal History :
    A criminal records search will be performed for felony and misdemeanor offenses.
GROUNDS FOR DENIAL WILL RESULT FROM THE FOLLOWING ON ALL APPLICANTS:
• Verified eviction showing on credit report or confirmed with landlord.
• Rental collection and / or judgment verified on credit report
• Balance owing to landlord
• Derogatory credit (excluding medical debt) in excess of $2,999
• Open or non-discharged bankruptcy
• Foreclosed or past due mortgage
• Monthly income that is less than 2.5 times the rental amount.
• 2 or more late payments and/or NSF checks and/or Noise Complaints within a 12- month rental period
• Unverifiable social security number, state driver’s license or ID card• Falsification of rental application
• Breaking lease agreement that will result in collection filing
• Any criminal conviction which results in a registered sex offender requirement and/or any sex offender
registry requirement
• Verified name and date of birth match of criminal conviction and/or pending offense as follows:

> Murder (1st and 2nd degree)
> Manslaughter (1st degree)
> Assault 1st, 2nd & 3rd degree)
> Robbery (1st & 2nd degree)
> Rape (All counts)
> Child molestation (All counts)
> Rape of a child (All counts)
> Outstanding criminal warrant
> Kidnapping (All counts)
> Theft (1st & 2nd degree)
> Burglary (1st, 2nd degree & vehicle prowling 1st degree)
> Malicious Mischief (1st degree)
> Arson (1st, 2nd degree & Reckless Burning 1st degree)
> Delivery or Sale (All counts)
> Possession with intent to Deliver (All counts)

Note: * Month/Year this rental criteria took effect