Anyone over the age of 18 must apply separately
$45 per application
Minnix Property Management will use the following criteria when screening an applicant.
Income:
Applicant(s) need to make a total gross income of 3x the monthly rent. Income does need to be verified via: Pay stubs, tax returns, offer letter, acceptance letter, bank statements, SSI, unemployment letter, child support.
If income is insufficient, please see “Conditions” section
Rental History:
We will verify your previous rental history using the information provided by you on the application.
Criminal Background:
A criminal background screening will be performed. A 5 year history from the offense date will be used.
Misdemeanors are not considered for immediate denial but may require conditional approval. Please see the “Conditions” section.
Felonies within the last 5 years for the following will be denied:
- Assault against person or property
- Drugs/Trafficking
- Terrorist Activity
- Sexual Offenses
- Credit card fraud
Felonies may be considered under correctional supervision with conditions. Please see the “Conditions” section.
Sex offenders will be denied.
Credit Report:
A credit report will be obtained to determine Approval or Approval with Conditions. Student loans and Medical loans are not used to determine approval.
- Open bankruptcies will be denied
- 3 or more accounts in collections and/or more than $5000 in collections will be denied
- Less than 50% of accounts in good standings will be denied
- Owing another property/management company more than $2000 will be denied
Conditions:
- No credit will require a double application deposit or rent coverage.
- Not enough income but greater than 90% of the total gross needed will require a double application deposit or rent coverage and a $500 cash non refundable fee.
- Owing another property/management company money between $500-2000 will require a double application deposit or rent coverage and a $500 cash non refundable fee.
- 70-90% of accounts are in good standings will require a double application deposit
- 3 or more accounts in collections and/or less than $5000 will require a double application deposit or rent coverage and a $500 cash non refundable fee.
- Misdemeanors will be examined on a case by case basis to determine approval and may require a double application deposit or rent coverage.
- Felony conviction with correctional supervision will require a double application deposit or rent coverage and a $500 cash non refundable fee. Will also need documentation of the supervision
Applicant(s) may be denied or need additional conditions for occupancy for the following reasons:
- Falsification of application by applicant(s)
- Incomplete application by applicant(s)
- Poor rental history
* Applicant(s) can either pay an application deposit with cash or apply for a security deposit alternative for the application deposit/rent coverage.
* A application deposit is equal to 1x months rent
* Minnix does not accept actual cash. Cash is referred to as certified funds or paying through tenant portal
* Minnix does not accept payment via Cash App, Venmo, Paypal, Zelle, Google Wallet, Apple Pay, Samsung Wallet, or Wire Transfers5