Rental Criteria

These are the screening criteria for every application at Roundhouse Residences. Every applicant is held to the same standard.

Who Applies

Every adult 18 or older who will live in the apartment fills out an application and is screened.

Income

Gross monthly income of at least 2.5 times the monthly rent.

Credit

We review credit for every applicant. Based on the result, an application may be approved, approved with an additional deposit of one-half month's rent or a guarantor, or denied. Medical debt, student loans, and balances under $100 are not counted.

Rental History

More than 2 late payments, or more than 1 returned payment (NSF), in the last 3 years will not be approved.

Balances Owed

Any unpaid balance to a previous landlord, or apartment or utility collections over $100, in the last 7 years will not be approved.

Evictions and Judgments

An eviction, or a court judgment over $100, in the last 7 years will not be approved.

Bankruptcy

A bankruptcy in the last 7 years will not be approved.

Criminal Background

Every applicant receives a national criminal background check. Results are reviewed based on the type of offense and how long ago it occurred.

Guarantors

A guarantor must earn at least 5 times the monthly rent and have acceptable credit.

Equal Housing Opportunity

Roundhouse Residences is an Equal Housing Opportunity provider. All applicants are evaluated under the same screening criteria regardless of race, color, religion, sex, national origin, familial status, or disability.

Questions

Call the leasing office before you apply if you have a question about any of these criteria.