Detailed Resident Qualifications
Final recommendation will depend on level of income, verification of rental history, and credit history. Full-time students may provide current higher-education-institution student-loan documentation along with bank statements to verify applicable income.
Age
Must be at least 18 years of age.
Income
Net monthly income must be (2) times the amount of rental price, which is based on current market averages. If requested documentation or other application information is not received within 2 business days of when deposit was paid, CPM reserves the right to refund your holding deposit and offer your unit to another applicant.
Employment
When applying, it is the obligation of the applicant to provide proof of employment. Employment requirements may be waived for full-time higher-education students. Proof of enrollment status and co-signer will be required.
If currently employed: applicant must show 30 days of current and verifiable income from the same source (paystubs are best).The 30 days is calculated backward from the application-review date.
If self-employed or employed by a relative: a copy of the previous year’s 1099 will be requested, along with paystubs or sequential deposit statements.
If employment is pending: applicant must provide employment-offer letter on company letterhead showing start date and either salary or hourly rate plus weekly hours to be worked. In lieu of 30 days of income history, applicant must provide rental history that verifies an ability to pay rent, and a credit history with no more than $1,000 in delinquent accounts (excluding medical).
If unemployed or retired: applicant must provide other sources of verifiable regular monthly income (for example, financial statement, bank statements, investments, retirement funds, etc.). If showing documentation of savings, the total must be at least 6x the rental amount.
Holding deposit: Pay your holding deposit as instructed by the aPodment® leasing-team member you’ve been working with. The holding deposit equals $250.
Be prepared to wait one 1–2 business days for information on your application to be verified. All requested documentation must be received within 2 business days of when holding deposit was submitted for tenancy with CPM to proceed. If requested documentation or other application information is not received within 2 business days of when deposit was paid, CPM reserves the right to refund your holding deposit and offer your unit to another applicant.
Once your application has been approved, be prepared to schedule your move-in, lease signing, and walk-through appointment with a member of the aPodment® leasing team.
Credit History
A credit report will be processed on each applicant who submits a $40 screening fee.
Any bankruptcy must be discharged
No outstanding debt may be owed to any landlord
Derogatory credit history (excluding medical expenses) in excess of $500 — or credit history that is unverifiable — may affect final deposit recommendation
Monthly debt obligation will be factored in to the 2x income-to-rent requirement
Cosigner Requirements
Full-time students with proof of student status are eligible to have a co-signer. A co-signer must meet all the requirements below to qualify. By applying, co-signer is agreeing to sign Calhoun Property Management’s “Co-signer Addendum” with the Lease Agreement before the applicant moves in.
Income
Four (4) times the rental amount in verifiable income. (Monthly debt obligation will be factored in to the net monthly income calculation.) Co-signer’s two (2) most recent paystubs, or applicable proof of income, will be requested (view Employment section above for details). Co-signers’ income documentation, and any other requested information, must be received within 2 business days of when the applicant reserves a unit for applicant’s tenancy with CPM to proceed.
Employment History
Co-signer must show twelve (12) months of current and verifiable income from the same source.
Rental History
Valid and verifiable rental or mortgage history with no late payments.
Credit History
Accounts in good standing with less than $1,000 of delinquent accounts (excluding medical expenses).
Final Co-Signer Approval
If your application is approved, a co-signer addendum is required to be signed in addition to the applicant’s rental agreement. This electronic document must be received by Calhoun Property Management before the applicant’s move-in appointment. If co-signer cannot complete the electronic document, a notarized copy of the lease agreement and co-signer addendum is required.
Some reasons we don't approve applicants
Verified eviction showing on credit report or confirmed with landlord within the last three (3) years.
Applicant has provided an application that does not meet management’s standard for completion.
Applicant or co-signer has not provided requested documentation or application-related information within 2 business days of when holding deposit was paid.
Any rental-collection action verified on credit report.
A balance owing to any landlord.
Negative and adverse rental history — e.g., documented complaints or damages, multiple late payments or 3-Day Notices to Pay or Vacate, or statement by landlord of “WOULD NOT RE-RENT.”
Unverifiable or lack of social security number, passport number, or student visa.
Any false statement on rental application.
Open bankruptcy (excluding medical expenses).
Current 3-day Notice to Pay or Vacate, or 10-day Notice to Comply or Quit.
Poor residential history reported by landlord, even if a legal notice was not issued.
The reservation deposit payment is returned NSF.
Failure to give proper notice to a previous or current landlord.
Please be advised that landlords in the city of the Seattle are prohibited from requiring disclosure of, asking about, rejecting an applicant due to, or taking an adverse action based on any arrest record, conviction record, or criminal history — except for registry information as described in subsection 14.09.025.A.3, subsection 14.09.025.A.4, and subsection 14.09.025.A.5, and subject to the exclusions and legal requirements in section 14.09.115. Landlords in the city of Seattle may screen prospective occupants for sex offender registry information. Offenders may provide any supplemental information related to their rehabilitation, good conduct, and facts or explanations regarding their registry information for consideration. Applicants who are required to register as a sex offender may be denied.
Pets
Pets are not accepted at any aPodment property. Note: assistance animals are not considered pets. Applicants can make a request for reasonable accommodation and a waiver of our no-pet policy if they complete this form and submit a care provider’s note confirming the need for an assistance animal. Fees and Deposit Schedule
$40 nonrefundable screening fee is due when application is submitted.
Full deposit payable by money order, cashier’s check, or personal check, or via our online payment system (we will provide the link to pay your deposit online once you have selected a unit). Cash is not accepted. A cancellation fee equal to the deposit will be charged should you be approved but decide not to move into the unit. The holding deposit amount equals $250.
Upon approval the holding deposit will become your security deposit and you will owe your first month’s rent by the time you move in. If you have selected a unit that qualifies for security-deposit installments and upon approval of your application you elect to pay the security deposit in installments per Addendum J of your lease, you will owe one-fourth of the $250 security deposit before moving in. For Standard Leases, per Addendum H of the lease, if you select a 4-month lease length, you will owe an additional $250 rental payment before you move in; if you select a 3-month lease length, you will owe an additional $500 rental payment before you move in; and if you select a 2-month lease length, you will owe an additional $750 rental payment before you move in.
All move-in monies are due by move-in (unless you move in after the 4th of the month, in which case all move-in monies are due by the 4th) and are payable by money order or cashier’s check, or via the online payment system at apodment.com/residents. No cash accepted.
Checks payable to LLC per table below:
Property Name
Make Check Payable To
Screening Services and Appeals Process
All applicants will be subject to a background investigation conducted by LeasingDesk, the screening service offered by RealPage. We will obtain credit reports and employment and rental references as needed to verify all information submitted on the application for housing. In the event of Adverse Action (denial of tenancy), you have the right to a free copy of the screening report issued by RealPage, and the right to dispute the accuracy of information provided by RealPage or by the entities you disclose (employers, landlords, etc.), upon written request. Please direct all inquiries to:
RealPage, Inc., Attn: LeasingDesk Consumer Relations, 4000 International Parkway, Carrollton, TX 75007
1-866-934-1124 | consumer.dispute@realpage.com | www.realpage.com/consumer-support
What to have when you apply
Picture ID (government-issued)
Paystubs from past 30 days and/or employment offer letter and/or bank statement verifying 6x the rent
Social Security award letter or other benefit information, if applicable
Financial-aid award letter and tuition statement and class enrollment, if applicable
Non–U.S. Citizen Applicants: passport, visa, i-20 or J-1 (or comparable document), and class schedule or job-offer letter
