Thank you for choosing Sunnon Property Management. The information provided below will guide you through the steps to lease your new home. Please review the information and contact us if you have questions or need assistance.
Applicants: All applicants and prospective occupants 18 years and older should complete individual applications. Please complete all essential information to avoid delays. Complete applications are processed in the order they are received. Applications that contain the following information are considered complete:
- Completed & signed application for all applicants and prospective occupants 18 years and older (will require SSN).
- Government-issued photo ID for all applicants and prospective occupants 18 years and older
- Two most recent pay stubs. If self-employed, please submit your last year’s tax return
- Application fee of $75.00 paid for all applicants and prospective occupants 18 years and older
Acceptable forms of payment: Prior to move-in, application fees can be paid online via credit or debit card. The remaining funds due can be paid via wire transfer. After move-in, you will be provided a tenant portal. All payments can be made online via the portal.
RENTAL POLICIES AND QUALIFICATIONS
Anyone 18 years old and over must complete an application. The Screening process is completed by a 3rd party.
Applicants must be gainfully employed, verified through the company's personnel office, or have proof of income through other sources. The proof will be determined sufficient at the sole discretion of Sunnon Property Management. In the event a prospective resident is self-employed or retired, documentation is required, including but not limited to a verifiable tax statement from the previous year. Applicants must have a gross income equal to or greater than 3 times the monthly rental rate. Each applicant/roommate must pay a separate application fee and one administrative fee per home will be charged. Income may be combined to meet jointly the gross income criteria.
Credit & Rental History
A credit report from a Consumer Reporting Agency will be obtained on each applicant. Accounts must be verifiable and in good standing. The minimum credit score is 580. Applicants with no credit history may be eligible to qualify with a Guarantor. Each applicant must also have a satisfactory rental history or mortgage payment history. If not able to produce rental references, the applicant may be eligible to qualify with a Guarantor.
A Guarantor may be used if the applicant doesn’t meet the income requirements or have sufficient credit history to have a credit score. Guarantors must have a credit score of 700 or greater and make 6 times the monthly rent rate. (Guarantors need to fill out their own application mentioning that they're the guarantor) They do pay an application fee.
Evictions, Bankruptcies & Outstanding Debt
Prior eviction filings, bankruptcies and overdue debt will disqualify the applicant. Overdue debt that is currently delinquent and is not reported as collections, charge-off, paid collection, etc. is only approved on a case-by-case basis and applicants must show proof of payoff prior to approval. Accounts that have made it to collections/charge-off or paid collection status will not be approved. Overdue medical debt is ignored.
A thorough criminal background check is completed on all applicants. Any felony or criminal act related to drugs, sexual offenses or theft or assault of any kind will result in an automatic denial of the application. Sunnon reserves the right to adjust, extend or alter the criminal policy as deemed necessary without notice.
Two people per bedroom is the accepted occupancy guideline.
All residents of any Sunnon property are required to have renter’s insurance before moving into the home. The policy must carry a minimum of $100,000 liability; a declaration page must be provided naming Sunnon, Inc. as additional interest at time of move-in and/or renewal.
Our pet policy can vary per property so please reach out for more information before applying. This basic list of restricted breeds, but is not limited to the following breeds (any dog that has a bite history is prohibited): Akita, American Stafford Terrier, Bull Terrier, Bullmastiff, Chow Chow, Dingo, Doberman Pinscher, Giant Schnauzer, German Shepherd, Mastiff, Ovtcharka, Presa Canario, Pit Bull, Rhodesian Ridgeback, Rottweiler, Neapolitan Mastiff and Wolf. Any mixed breeds of any of the above breeds are also prohibited.
A non-refundable fee of $35/mo per pet and a $300 non-refundable fee per pet are due upon application approval. Pets weighing more than 50 lbs may not be approved or may require a higher non-refundable monthly fee and/or security deposit.
For further details please call us to discuss before applying. Application fees are non-refundable.
A required deposit for each property will be based on credit of each applicant and must be paid prior to moving in. The minimum deposit is one month’s rent but can extend to two months’ rent for a one-year lease. Full deposit is forfeited if Applicant(s) do not sign the lease agreement and take possession of the property by the move-in date designated on the application.
Approval: After your application has been approved, please provide the following required within 24 hours to secure the property:
|Lowest Credit Score||Security Deposit||Move-in Fee||Pre-paid Rent||Other Fees|
|620+||1.0x monthly rent||$250||1 full month rent||Any applicable pet or program fees|
|600+ or Guarantor||1.5x monthly rent||$350||1 full month rent||Any applicable pet or program fees|
|580+||2.0x monthly rent||$450||1 full month rent||Any applicable pet or program fees|
Move-In: You will be permitted to move in after providing the following:
- Proof that you have the utilities in your name
- Proof of renters insurance ($100,000 liability Insurance required) with Sunnon, Inc. named as additional insured