Huntington Meadows Rental Criteria and Requirements

2311 Stratton Ln  Arlington, TX  76006

(817) 261-5597

 

MRT Property Management, LLC does not discriminate against any person based on race, color, religion, sex, national origin, handicap status, familial status or any other state or locally protected classifications.

To be considered for approval, all adults must fully complete a rental application. Any omissions, errors, or falsifications may result in denial of an application or terminate the right to occupy the apartment. All applicants must be eighteen (18) years of age or older. Spouses and Roommates will be scored together on the application. All applications are subject to approval by on outside Application Processing Agency. All information obtained is kept confidential and a copy of our privacy policy is available to you upon request. Approval, conditional approval will additional deposit, and denial are based on a review of the following criteria:

INCOME

Household income must be at least three (3) times the monthly market rent. If income qualifications cannot be met, a qualified guarantor is acceptable (see below).

EMPLOYMENT

Applicant must be employed or provide proof of income. Each applicant must provide written proof of income such as two most recent check stubs required, offer letter, most recent year’s tax record or three most recent bank statements within twenty-four (24) hours of completing an application. Attending school will be accepted as an alternative to being employed; therefore a student may obtain a qualified Guarantor if the income requirement is not met.

 

RESIDENT HISTORY

Any applicant with an eviction that owes monies to another property(s) or property management company(s) will automatically be declined. Any applicant with unfavorable past performance for payment of or utilities, record of disruptive behavior, record of destruction of property or poor housekeeping habits or failure to provide sufficient or necessary additional information on the application will also be declined.

 

RENTAL INSURANCE

Due to legal limitations, it is not possible for us to insure your personal property. It will be necessary for you to obtain Apartment Renter’s coverage at your expense from a local insurance agent to cover any possible loss to your personal property.  A minimum of $100,00 personal liability coverage is required and the community needs to be listed as additional insured to ensure we are notified of cancellation, renewal, etc.  We may provide you with information to buy renter’s insurance from a preferred company; however, you are free to contract with any provider of your choosing for the required insurance.

 

CREDIT HISTORY

Credit history will be verified by a third-party verification service. A complete credit history from a credit bureau is required. Income plus verified credit history will be entered into a scoring model to determine rental eligibility and security deposit levels. The following deposit requirements and concession stipulations will be applied based on scoring model recommendations:

Approved: Standard Deposit

Conditional: Double Deposit

First Time Renter: One Month Deposit

 

Applicants without credit history must provide a minimum of 6 months employment history. Applicants who are residents of foreign countries and do not have a social security number must provide proof of foreign citizenship, written verification of employment, and proof of income (two (2) most recent paycheck stubs).

 

 

 

 

CRIMINAL HISTORY

An applicant’s criminal history must be checked, so if there is a problem with verification of the criminal history, further review will be required. Applicants with a record of a violent crime(s), including a violent crime felony conviction or deferred adjudication of a felony violent crime, will generally be declined, as subject to an applicant’s right to submit mitigating evidence as described below. This includes any terrorism related convictions. Misdemeanors against persons or property, including prostitution and /or drugs, which have occurred within the past five (5) years, will generally be declined. This includes misdemeanor convictions of deferred adjudication. Any person convicted for crimes of a sexual nature, designated as a sexual predator /offender, or under consideration by any court for being declared a sexual predator/offender generally will not be accepted. Our decisions are based on the information provided by a third- party verification service at the time of application. We are not responsible for inaccurate information obtained. If an applicant is denied due to inaccurate information, the applicant must contact the third-party verification service.

 

OCCUPANCY LIMITS

Occupancy limits will not exceed two (2) persons per apartment bedroom. Efficiency and studio apartments are considered one (1) bedroom for occupancy purposes. Apartments with dens can accommodate one (1) additional person. People over the age of six (6) years old will be included in the occupancy number for the apartment.

 

GUARANTOR REQUIREMENTS

Guarantor may be used for students with insufficient credit or applicants with insufficient income.  A Guarantor must have income of at least five (5) times the monthly market rent verifiable through tax returns, check stubs, etc…; score in the “Approved” category for credit history, minimum employment of one year, and must furnish all necessary information on rental or mortgage history. If approved, the standard deposit will be accepted.

 

ANIMAL REQUIREMENTS

Animals must be at least six (6) months of age and must have proof of current vaccinations, proof of weight when full grown, and breed documentation. A maximum of two (2) pets allowed per apartment and each applicant must provide a photograph of each pet. The following breeds and animal types are prohibited and will not be accepted: Dog Breeds-Pit Bull Terrier, Chows, Doberman Pinschers, Rottweiler’s, Huskies and any other breeds generally considered aggressive by state or local officials; Other Prohibited Animals- Rodents and ferrets.  Special needs situations will be accommodated with appropriate documentation.  Specific restrictions and pet deposits will not apply to households with a qualified service/assistance animal.