Thornton Place Apartments
Resident Qualification Criteria
When applying, screening will be run on rental history, credit history, employment, income, and criminal history. If the screening passes the non-criminal requirements and there are no criminal convictions, then the application may be accepted immediately. If there are criminal convictions, the application may be given conditional approval, pending the outcome of additional criminal screening.
A Preliminary Recommendation for the applicant will be based on the following two factors:
1. Credit risk level as determined by Experian credit score - Preliminary Assessment Score Range:
Unconditional Approval 700 – 900
Approved with Increased Deposit = to ½ Month’s Rent 650 – 699
Approved with Increased Deposit = 1 month’s rent 501 - 649
Approved with Qualified Cosigner 300 - 500
* No established credit history may require an Increased Deposit equal to one month’s rent or Qualified Cosigner. Final recommendation will be dependent on rental history, length of employment and income.
2. Level of Income in relation to the rental amount - Applicant(s) must have verifiable income of at least 3 times the rental amount to qualify for an Unconditional Approval. Income of 2.5 – 2.99 may require an Increased Deposit (deposit amount will be based on credit score). Income that is less than 2.5 may require a Qualified Cosigner.
Acceptable documentation for verifiable income varies based on the income source. Generally accepted documentation may include two (2) consecutive (most recent) paystubs, most recent tax returns, W2, Leave & Earnings Statement (LES), Statement of Social Security Benefits, I20 (International Student), etc.
A preliminary recommendation of Unconditional Approval will only require verification of criminal & eviction history.
A preliminary recommendation of Conditional Approval will require further qualification based on the following factors:
Rental History: 12 months of valid and verifiable rental history. Valid rental history is considered a written lease or month- to-month agreement. If rental history is less than 12 months then an increased deposit equal to ½ month’s rent may be requested. 1 late payments, NSF checks and/or noise complaints within 6 months may result in an increased deposit equal to one month’s rent. Final recommendation will be dependent on credit history, level of income and length of employment.
Employment History: 12 months with current employer or previous employment in same field of work.
SECTION 8 APPLICANT CRITERIA: Section 8 applicants are required to meet the same criteria as indicated, with the exception that the applicant must only meet income requirements for their portion of the rent.
Co-signer Criteria Requirements:
Rental History: 1 year of valid and verifiable rental or mortgage history with no late payments
Credit History: Cosigners must have a credit score of at least 750. Any bankruptcy (open or discharged) will result in denial.
Income: At least 4 times the rental amount in verifiable, garnish able monthly income.
Employment: 12 months with current employer or previous employment in same field of work
We do not automatically deny applicants based on criminal history, except for convictions for the manufacture or distribution of any federally controlled substance. Rather, criminal history is considered based on the nature of the offense and time passed since the date of final disposition (e.g. applicant was released from prison, probation or parole). We limit consideration to those convictions, the dates of final disposition of which pre-date the report by no more than seven years. Note that convictions for the following offenses will require additional screening:
Murder (1st and 2nd degree) Kidnapping (All counts)
Manslaughter (1st degree) Theft (1st & 2nd degree)
Assault 1st, 2nd & 3rd degree) Burglary (1st, 2nd degree & vehicle prowling 1st degree)
Robbery (1st & 2nd degree) Malicious Mischief (1st degree)
Rape (All counts) Arson (1st, 2nd degree & Reckless Burning 1st degree)
Rape of a child (All counts) Possession with intent to deliver illegal substance (all counts)
Child molestation (All counts) Delivery or sale of illegal substance (all counts)
Outstanding criminal warrant Any terror related activity
Determinations as to criminal screening will be made on a case by case basis, and will be based on the following factors and information, which will be required for every conviction. The application screening cannot be completed without this information: 1) the facts of the conviction including actual charges; 2) age at the time of the conviction; 3) criminal convictions prior to the conviction; 4) criminal convictions and pending charges since the conviction; 5) how much time has passed since the conviction; 6) and for drug possession charges: if you are in, or have completed recovery or treatment since the conviction. Failure to provide any information is a basis for denial of tenancy.
Denial of Application (regardless of the Preliminary Recommendation) may result from the following:
Verified unpaid eviction showing on credit report or confirmed with landlord.
Unpaid rental collection and/or judgment verified on credit report.
Balance owing to landlord.
2 or more notices and/or late payments and/or NSF checks and/or noise complaints within a 6 month rental period (current or previous).
Unverifiable social security number.
Falsification of rental application.
Breaking lease agreement that may result in collection filing.
Open or non-discharged bankruptcy.
Valid (current) photo identification will be required of all applicants.
Consider this statement as notification that we do not accept a comprehensive reusable tenant screening report, as defined by RCW 59.18.257.