Rental Criteria.
*Good Credit History
*Good Rental History
The following requirements must be met before your application to rent an apartment at The Lake Merritt Apartments will be considered:
1) An application fee of $30.00 is required to process each application. The fee can be paid in the form of a check, money order, through our RentPayment Portal paid to The Lake Merritt Apartments, or in Boom (our application portal). Every adult (18 years or older) must submit an application and must be named on the lease agreement. This fee is NON-REFUNDABLE.
2) We use a platform called Boom to collect and process rental applications. Boom will collected required information, including ID verification, a credit report, eviction report, and rental history for each applicant. Any negative reports or reports with discrepancies in comparison to your application may be cause for rejecting your application.
3) Each applicant must produce a valid piece of photo ID and Social Security number that will be uploaded to Boom.
4) Applicants must provide verifiable proof of income equal to 2.7 times the monthly rent amount for the apartment for which the application is submitted. Applicant(s) must submit written verification of one (1) month’s income or any income claimed to meet this requirement. This income must have been continuous for at least six (6) months prior to applying.
5) Your current and previous Landlords will be contacted for references. Two years (24 months) of Landlord references are required. Only non-relative references are acceptable.
6) Applicants with Pets: Please inform us if you have a pet and we'll send you the Pet Policy & Pet Agreement to read and review. Please provide the following with your application: a photo of your pet, a veterinarian's description of the breed and weight of your pet, proof of spay or neuter, and current vaccination records.
An application will not be accepted or considered if it does not include all items on the checklist. In addition to a completed application, a holding deposit in the form of an Online Payment, Cashier’s Check or Money Order will be required to hold the apartment for you. The funds must be issued to The Lake Merritt Apartments. This deposit will take the apartment offline and we will not show it to anyone else while we process your application.
Please note that applications will be processed in the order received. In the event that multiple applications have been received at once, the best-qualified applicant will receive first consideration.
If you are applying for an apartment in advance of the existing tenant vacating, please be aware that the date that the apartment will become available is subject to change without prior notice, due to the existing tenant’s schedule and/or the needs of the apartment turnover.
*Good Rental History
The following requirements must be met before your application to rent an apartment at The Lake Merritt Apartments will be considered:
1) An application fee of $30.00 is required to process each application. The fee can be paid in the form of a check, money order, through our RentPayment Portal paid to The Lake Merritt Apartments, or in Boom (our application portal). Every adult (18 years or older) must submit an application and must be named on the lease agreement. This fee is NON-REFUNDABLE.
2) We use a platform called Boom to collect and process rental applications. Boom will collected required information, including ID verification, a credit report, eviction report, and rental history for each applicant. Any negative reports or reports with discrepancies in comparison to your application may be cause for rejecting your application.
3) Each applicant must produce a valid piece of photo ID and Social Security number that will be uploaded to Boom.
4) Applicants must provide verifiable proof of income equal to 2.7 times the monthly rent amount for the apartment for which the application is submitted. Applicant(s) must submit written verification of one (1) month’s income or any income claimed to meet this requirement. This income must have been continuous for at least six (6) months prior to applying.
5) Your current and previous Landlords will be contacted for references. Two years (24 months) of Landlord references are required. Only non-relative references are acceptable.
6) Applicants with Pets: Please inform us if you have a pet and we'll send you the Pet Policy & Pet Agreement to read and review. Please provide the following with your application: a photo of your pet, a veterinarian's description of the breed and weight of your pet, proof of spay or neuter, and current vaccination records.
An application will not be accepted or considered if it does not include all items on the checklist. In addition to a completed application, a holding deposit in the form of an Online Payment, Cashier’s Check or Money Order will be required to hold the apartment for you. The funds must be issued to The Lake Merritt Apartments. This deposit will take the apartment offline and we will not show it to anyone else while we process your application.
Please note that applications will be processed in the order received. In the event that multiple applications have been received at once, the best-qualified applicant will receive first consideration.
If you are applying for an apartment in advance of the existing tenant vacating, please be aware that the date that the apartment will become available is subject to change without prior notice, due to the existing tenant’s schedule and/or the needs of the apartment turnover.
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Eligibility Determination
Applicants will be deemed ineligible based upon the resident selection criteria for the following reasons:
1) Failure to present all members of the applicant’s household at the scheduled interview.
2) Failure of any household member to behave in a courteous, respectful, non-confrontational, non-violent manner during an interview or while on the property.
3) Falsification of any information provided on an application.
4) Poor Credit History
5) Household income below required level.
6) Failure to provide requested information and proof of income and/or assets.
7) Eviction
8) Failure to accurately disclose your pet's breed/weight, spay/neuter status, or vaccination records.
Applicants will be deemed ineligible based upon the resident selection criteria for the following reasons:
1) Failure to present all members of the applicant’s household at the scheduled interview.
2) Failure of any household member to behave in a courteous, respectful, non-confrontational, non-violent manner during an interview or while on the property.
3) Falsification of any information provided on an application.
4) Poor Credit History
5) Household income below required level.
6) Failure to provide requested information and proof of income and/or assets.
7) Eviction
8) Failure to accurately disclose your pet's breed/weight, spay/neuter status, or vaccination records.
