As an interested applicant, you will always want to make sure that you complete the application process promptly. Whether it’s your first time submitting a rental application or not, it’s important to know that completing the rental application is vital to get approved.
Applications are processed on a FIRST-COME-PRE-QUALIFIED, FIRST-SERVE BASIS; and, without regard to race, color, religion, disability, sex, sexual orientation, gender identity or expression, age, national origin, veteran status, genetic information, union status, and/or beliefs, or any other characteristic protected by federal, state or local law.
What does a pre-qualified applicant look like? An application is considered pre-qualified if the below has been successfully satisfied/completed:
Written below are the steps on what the rental application process looks like. Typically, this will take one to three (1-3) business days. However, there are times when one application might take longer than usual due to uncontrollable circumstances.
Applicants are asked to enter their:
Please be aware that any false information provided on your application will be grounds for denial.
The application fee will be charged to the account once it’s your turn. The fee is used to cover the administrative, hard, and soft costs of processing individual rental applications. They cannot be ordered/processed collectively or combined.
In evaluating the application, the consumer reporting agency (TransUnion LLC) provides information that in whole or in part influences the approval or denial decision. TransUnion LLC and Vantage Data Solutions provide us with credit and criminal record information. For applicants who have questions about their report(s), they have the right to dispute the matter with the reporting agency, not through 5 Star Property Management, that has provided the report. The reporting agency can be reached through RentPort consumer relations at 1- 800-230-9376 or [email protected].
This is one of the essential parts of the screening process. These data ensure that one can afford the rental property desired by an applicant. While 5 Star Property Management relies on various forms of information to determine if a tenant can afford to rent the property, it’s recommended that these be filled out with all honesty with sources showing the current total net income.
Each animal(s) that will live on the property is required to undergo a screening process with our affiliated company - PetScreening.com
“PetScreening is a simple and secure way to manage important information about your Pet or Assistance Animal. If you have No Pet or Animal you are not required to complete the screening process.
The per-pet application fee is as low as $20 for the first pet and $15 for every additional pet. Each pet profile must be processed separately but the multi-pet discount will be automatically applied to any additional pet profiles processed.
There is no charge ($0) for submitting a reasonable accommodation request for an assistance animal. It will be reviewed by our legal review team per the FHAct guidelines. Please be aware of your state's statutes or local ordinances, if any, for criminal offenses and/or penalties for committing assistance animal fraud.”Source: Petscreening.com
The rental verification assists 5 Star Property Management to verify the rental history of an applicant. In this process, the applicants are asked to sign the Authorization to Release Information to allow us to call/email/text their listed landlord and ask for information in reference to their rental history. This allows us to get more accurate data on how rent payments were delivered, if there were any problems during the lease, or if there had been any complaints. Please know that our decision is based on the information only and not on hearsay, thus we make sure that we do this objectively.
Once all the above information has been gathered, 5 Star Property Management objectively summarizes them and presents them to the rental owners for final approval. Once the decision has been made, it’ll be relayed to the applicant(s).
Upon getting approval, two things take place immediately:
Move-in date is tentatively scheduled as submitted on the rental application. The applicant is asked if there are any changes to it and are reminded how the keys will be handed off.
The lease packet will be drafted within 1-2 business days and sent to the applicant electronically for