Rental Application

Rental Information and Application Packet Instructions

**Please read ALL requirements! Incomplete applications may cause another applicant to be chosen over you.**

New Generation Homes will assist all applicants without regard to race, color, creed, sex, religion, national origin, familial status, marital status, handicap, or ancestry.

Application Information:

A separate application is required for each applicant over the age of eighteen (excluding dependent children) Who intend to reside in the property. This guarantees our compliance with Federal, state, and local Fair Housing laws.

The information requested on our application provides the basis for selection of the best neighbors for all of our residents. Please fill in all spaces and answer all questions as fully as possible (more information is better than less). Incomplete applications will not be processed.

Every application must be accompanied by a $35.00 non-refundable processing fee, a signed Rental Transaction Disclosure and Applicant’s Acknowledgement & Hold Harmless Agreement form and the Lead Paint Disclosure (if applicable). You will receive an email that you need to take action on for a credit pull within 24 hours of submitting your application. We cannot move forward until you have gone through that email. 

A lead-based paint disclosure is included with this packet if the housing was built prior to 1978. This disclosure must be signed by all applicants and returned with your rental applications. The EPA also requires that the pamphlet “Protect Your Family From Lead in Your Home” be made available when renting or selling houses constructed before 1978. This pamphlet is either included or may be read or downloaded on-line at:http://www2.epa.gov/sites/production/files/2014-02/documents/lead_in_your_home_brochure_land_b_w_508_easy_print_0.pdf

Applicants are not accepted on a “first-come, first served” basis, but on a best-qualified basis.

PETS:

We require all applicants to register at Pet Screening, Inc., a third – party pet screening and assistance animal validation provider. There is no charge unless you have a pet. There is a $20 charge to register your first pet and $15 for subsequent pets. Use this link to register: https://newgenhomes.petscreening.com/

NOTE: We do not accept vicious or attack-trained dogs. Pets, if htey are cats and/or dogs should be neutered or spayed. No snakes or other reptiles and no birds!

If your pets are accepted there is a non-refundable one time fee of $250.00 per pet. There is also a $25.00 per month pet rent, per pet.

CREDIT:

New Generation Homes will pull a credit report (including FICO credit score, eviction, bankruptcy, and criminal reports) on every applicant. We will also contact your current and past landlords, as well as your current and past employers to verify the information on your application.

Bad credit will generally disqualify you unless there are extenuating circumstances. If you have credit problems, let us know in advance. A letter of explanation may help to qualify you.

Income Verification:

Please provide copies of pay stubs for the previous 60 days or a letter from your employer on company letterhead to verify income. If you are self-employed, you will be required to verify your income with copies of tax returns, 1099s and/or other relevant data. We do require that your combined monthly income be 3 times the amount of the monthly rent.

If you have other income you would like us to consider in qualifying your application (such as Social Security benefits, Retirement or Pension benefits, Alimony or Child Support, Disability payments, Savings and Investiment Income, etc. ), please provide verification of other such income.

Disqualification:

Any false statements or deliberate misrepresentation of facts will automatically disqualify the application.

Illegal aliens will be automatically disqualified.

Applicants must not have a felony record that was adjudicated guilty or had adjudication withheld for the past seven (5) years; however, time limits are waived for anyone found on a terrorist watch list or anyone with a felony conviction for any crimes related to homicide, manslaughter, stalking, sex offenses requiring registration, and/or manufacturing and distrubution of a controlled substance. These will be grounds for denial. Current or pending felony indictments will also be grounds for denial. We will assess applicants’ criminal history on an individual basis. Our goal is to treat all applicants fairly and ensure they have equal opportunities for housing.

If you are accecpted as a tenant:

If you are accepted for Tenancy, a payment in the amount of twice the first month’s rent (in cash or cashier’s check) is due when the contract is signed. We will also require a copy of your current driver’s license (or other government-issued photo ID) and one other form of ID. If you have pets and they are approved, there is an additional “Pet Rent” of $25.00 per month, per pet.

We also require Renters Insurance and that you add New Generation Homes as additional insureds. You have the option of providing us with your policy number or buying buying it through your tenant portal starting at about $13.00/month.

No smoking or vaping of any substance is allowed in any of our properties (including the garage). Growing, cultivation, smoking, cooking, raising or dispensing of marijuana is strictly prohibited.

Properties will continue to be shown and applications accepted until a rental contract is signed and an amount equal to twice the monthly rent has been received.

New Generation Homes believes that our tenants are our greatest assets. We have rented to many tenants since 2004. We offer well-maintained houses for long-term occupancy to people who wish to take our houses and make them their homes. Our typical tenants rent for multiple years (our longest tenance is 12 years and going) and we have never had a tenant forced tomove because of a foreclosure. We offer discounted rent to tenants who are willing to take on the responsibility for the minor maintenance that comes from living in a home. If what we offer appeals to you and you meet our qualifying criteria (listed below) we invite you to apply to rent this property.

OUR QUALIFYING CRITERIA

  1. Income should be 3-4 times the monthly rent
  2. Generally 700+ FICO credit score
  3. Stable employement & Income
  4. Positive rental history (and/or mortgage payment history)

***Note: you must meet 3 out of 4 of they criteria listed above in order to be approved to rent this property. ***

APPLY NOW

im3ycApplication