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Getting your own place will give you more privacy and space to spread out. When filling out boxes on your very first rental application, know that certain fields are more important to property management companies than others. To increase the likelihood of getting approved for your dream apartment, pay particular attention to the three critical factors landlords review. 

3 Key Parts of Rental Applications 

1. Income

To ensure you have the funds to pay rent over the term of the lease and cover the deposit and fees, a property manager will look at your income when reviewing the application. To ensure what you write is accurate, they will also ask for proof of how much you earn each month and your current employer, so have pay stubs ready. They might also ask for bank statements and employment verification letters to get a clearer picture of your current financial situation.  

2. Credit Score

rentalA property manager might also ask for your credit score on the rental application or ask for permission to run a credit check. The score measures the likelihood that you’ll become delinquent on payments based on your prior history. By knowing your credit score, they’ll gauge the risk of you ever defaulting on rent. 

3. Criminal History

To keep all tenants in the building safe, the property manager might look into your criminal history. By running a background check, they can see whether you have convictions for assault, burglary, or other offenses. They can take this information into account to determine whether your presence puts the safety of other property occupants at risk. However, there are laws governing how they evaluate this information under the Fair Housing Act. Arrests without convictions, for instance, cannot be used against you, nor can the landlord apply a blanket policy of rejecting every applicant with a conviction history. 

 

If you’re looking for a comfortable apartment rental in New London County, CT, or Washington County, RI, the knowledgeable staff at family-owned and -operated Murphy Properties will help with the search. These property managers have well-maintained buildings that feature amenities like on-site coin-operated laundry for tenant convenience. If you want to cut down on decorating costs, inquire about their furnished units. To learn which apartment complex will suit your needs, call (860) 599-1980. The staff will discuss options and share tips to maximize space after you move in. Visit the property company online to see pictures of the buildings and unit layouts.

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