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Income Requirements
Credit Requirements
Background Check and Criminal History Review
Rental History Requirements
Income Requirements
 
  1. Gross Income:
    • Applicants must demonstrate a combined gross monthly household income equal to or exceeding 3x the monthly rent.
  2. Subsidized Housing Income Adjustment:
    • For tenants receiving subsidies, the 3x income multiplier applies only to their portion of the rent.
  3. Proof of Income:
    • Acceptable documentation includes:
      • Recent pay stubs (last 3 months).
      • Government benefit award letters.
      • Job offer letters.
      • W-2 forms or most recent tax documents.
Credit Requirements
 
  1. Minimum Credit Score:
    • At least one applicant must have a minimum credit score of 670.
    • Additional adult occupants (18+) must either meet the credit score requirement or have a co-signer.
  2. Alternative Credit Criteria:
    • For subsidized housing tenants only:
      • On-time housing payments for the past 12 months.
      • No evictions within the past 10 years.
      • No bankruptcies within the past 3 years.
      • No items in collections (except medical debt).
      • No more than 2 missed payments exceeding 30 days in the past 12 months for non-core obligations (e.g., retail or personal loans). Missed payments on utilities or rent will result in disqualification.
Background Check and Criminal History Review
 
  1. Criminal History Review:
    • Criminal history is evaluated on a case-by-case basis.
    • Factors considered include:
      • Nature and severity of the offense.
      • Time elapsed since the offense.
      • Rehabilitation efforts or evidence of positive behavior.
      • Impact on ability to fulfill lease obligations or risk to others.
  2. Applicant Engagement:
    • Applicants with criminal history will be notified and given an opportunity to provide additional information or context.
Rental History Requirements
Applicants must demonstrate a satisfactory rental history and a pattern of meeting lease obligations. The following standards will be used to evaluate all applications:

 

1. Satisfactory Rental History

Applicants must show a history of:

 

  • Timely rent payments
  • Compliance with lease terms
  • Proper care and maintenance of the premises
  • Cooperation with landlord and property management requirements

 

2. Automatic Denial Criteria

Applications will be denied for any of the following:

 

  • Active or pending eviction (unlawful detainer) actions
  • Outstanding balances owed to a current or former landlord
  • Falsification of rental history or application information

 

3. Prior Eviction History

Applicants with prior eviction filings, unlawful detainer actions, or judgments for possession within the past 7 years may be denied.
Management may consider the totality of the applicant’s rental history, including the severity, recency, and resolution of any eviction, in determining eligibility.

 

4. Lease Compliance History

Applications may be denied based on documented lease violations or a pattern of noncompliance, including but not limited to:

 

  • Two or more late payments within the past 12 months
  • One or more documented material lease violations, including but not limited to unauthorized subletting, unauthorized occupants, unauthorized pets, or other significant breaches of the lease
  • Property damage beyond normal wear and tear
  • Disturbances or repeated complaints from neighbors
  • Failure to provide proper notice before vacating

 

5. Landlord References

Applications may be denied based on an unsatisfactory landlord reference or landlord report reflecting poor payment history, lease violations, property damage, or other substantial noncompliance.

 

6. Incomplete or Unverifiable Rental History

Failure to provide sufficient or verifiable rental history, or reliance on vague or unsupported landlord statements, may result in denial.
 

7. Consistency of Screening

All applications are evaluated using the same screening criteria to ensure consistency and compliance with applicable housing laws. Meeting minimum criteria does not guarantee approval, and applications may be evaluated in comparison to other qualified applicants.

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There is no better way to accomplish your investment goals than with RAM Property Management.
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RAM Property Management

Contact

  • (831) 636-9906
  • rampminfo@gmail.com
  • 976 San Benito St, Hollister, CA 95023
  • DRE#01980344

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  • Services
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  • Service Area
    • San Benito County
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      • San Juan Bautista, CA
      • Dunneville, CA
    • Monterey County
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