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ALLEGIANCE PROPERTIES INVESTMENTS, INC. 

Rental Policy, Screening and Qualification Guidelines

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Thank you for your interest in one of our managed properties. Please carefully review the following screening criteria before completing your rental application. All applications must be completed in full and contain accurate and truthful information. Any incomplete, inaccurate, or falsified information may result in denial and/or non-processing of the application. 

 

Upon submission, each applicant will receive an email from TransUnion SmartMove containing a link to authorize the release of credit, background, and eviction reports. Applicants must verify their identity and approve the release of these reports within 24 hours of receiving the email.

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Applications are processed in the order received. The first completed and qualified applicant(s) who meets all screening criteria will be offered the rental unit, in accordance with applicable California housing laws.

​Rental Application Screening Criteria
 

Rental Application Screening Criteria

General Requirements

• All applicants 18 years or older must submit a completed application

• Valid government-issued identification is required

• Each applicant is subject to credit, income, and rental history screening

Income Requirements (Non-Voucher Applicants)

• Applicant(s) must have a combined gross monthly income of at least 2.5 times the monthly rent 

• Income must be verifiable (pay stubs, bank statements, tax returns, or employer verification)

• Only the income of applicants who meet the minimum credit requirements will be considered for qualification

Section 8 / Housing Choice Voucher Applicants

• Applicants with a valid Housing Choice Voucher are welcome to apply

• Voucher applicants must still meet the following requirements:

  • Verifiable rental history

  • Screening for prior evictions and landlord debt

  • All standard application requirements

• Credit and income requirements:

  • Credit history will still be reviewed for risk assessment purposes

  • Income requirement may not apply if rent is fully covered by the voucher, but applicant must demonstrate ability to cover any tenant-paid portion (if applicable)

• Approval is still based on:

  • Housing Authority approval

  • Property condition standards

  • Compliance with lease and inspection requirements

• All voucher tenants are subject to the same lease terms, rules, and property standards as non-voucher tenants​

Income Evaluation Rule

• Only income from applicants who meet the minimum credit requirements will be considered for qualification

• Income from applicants who do not meet credit standards will not be used toward qualification

EMPLOYMENT & DOCUMENTATION

• Applicants must have stable and verifiable income

• Minimum of 90 days with current employer (or equivalent stable income history)

• Most recent 60 days of pay stubs required

• Self-employed applicants must provide:

  • Last 2 years of tax returns, AND

  • Most recent 3 months of full bank statements (no summary pages)

• Supplemental income (Social Security, pension, child support, alimony) must be verifiable in writing

RENTAL HISTORY

• Minimum of 24 months verifiable rental or mortgage history within the past 3 years

• Maximum of 1 late payment or NSF in the past 12 months

• No prior evictions or unlawful detainers within the past 5 years

• No lease violations requiring legal action

• If Applicant has rented from a private landlord any time in the past twelve 12 months, then the applicant must provide most recent canceled checks/money order receipts of rental payments, or other proof as requested, for such rental period. No cash payment receipts will be accepted as proof of rent payments.

CREDIT REQUIREMENTS

• Minimum credit score: 650

• Credit will be evaluated based on overall risk profile, including:

  • Payment history

  • Collections

  • Charge-offs

  • Outstanding debt

Applicants below the minimum credit score may be denied based on full credit review

CO-SIGNERS / GUARANTORS

General Rule

• Co-signers or guarantors are not accepted for standard applications

Limited Exception – Credit Variance

Co-signers may be considered only in limited circumstances where:

• Applicant credit score is between 600–649

• Applicant otherwise meets all income and rental history requirements

Co-signers will not be accepted for:

• Credit scores below 600

• Significant derogatory credit (recent collections, charge-offs, or similar adverse reporting)

• Insufficient income qualification

Co-Signer Requirements

• Minimum credit score: 720

• Verifiable income of at least 3.5 times the monthly rent

• Must meet all general screening requirements

• Must reside in California (if required for enforcement practicality)

• Co-signers may not be used to compensate for insufficient household income

STUDENT HOUSING EXCEPTION

For properties located in or serving student-oriented areas:

• Verified full-time students may be approved with a co-signer

• Each student applicant must have their own qualified co-signer

• Student co-signers must meet all co-signer requirements listed above

CRIMINAL HISTORY

Applicants must not have:

• Felony convictions within the past 7 years involving violent crime, theft, burglary, assault, drug manufacturing/distribution, arson, or similar offenses

• Any sex-related offenses, sex trafficking offenses, or terrorism-related convictions at any time

EVICTION / RENTAL HISTORY

• No evictions or unlawful detainers within the past 5 years

• No unpaid landlord debt or abandoned lease obligations

BANKRUPTCY

• Bankruptcy must be discharged for at least 2 years prior to application date

OCCUPANCY STANDARDS

Occupancy limits will comply with applicable state and local housing regulations.

APPLICATION FEE

• $45.00 per applicant (18 years or older)

  • $17.00 credit/background reporting cost

  • $28.00 processing fee

• Fees are non-refundable

ADDITIONAL REQUIREMENTS

Applicants must upload:

• Valid government-issued photo ID

• Income verification documents

• Pay stubs (last 60 days) or equivalent documentation

• Bank statements (if required above)

• Any supplemental documentation requested

Additional documents may be emailed to:
ApplicationProcessingAPI@gmail.com

ACKNOWLEDGMENT

By submitting your application, you acknowledge that you have read and understand this Rental Application Screening Criteria and agree that all information provided is true and complete to the best of your knowledge.

FAIR HOUSING NOTICE

We comply with all applicable federal and state fair housing laws, including the Fair Housing Act. We do not discriminate based on race, color, religion, sex, national origin, familial status, disability, or any other protected class.