Rental Application Policy
Welcome! Thank you for considering PMI Station for your housing needs. To best serve you, and to be fair and transparent, we've outlined our rental application policies and procedures below.
At PMI Station, we hold the utmost respect for every individual. We fully comply with the Fair Housing Law, ensuring that we do not discriminate based on race, color, religion, sex, sexual orientation, handicap, familial status, national origin, or age. We adhere to all state and local fair housing laws.
Please review this page carefully to understand our requirements before applying. It is the policy of this management company that applications must be complete and all fees paid prior to submission for consideration. We process all completed applications daily. (Monday - Friday, excluding holidays)
Approval is based on Seven factors:
- Identification Verification through Plaid
- Credit History & Verification
- Rental History & Verification
- Income History & Verification through Plaid
- Employment History & Verification
- Criminal Background Check
- Pet Criteria & Petscreening.com Verification
A completed application will contain:
- Residential Lease Application - One application is required for each individual 18 years and older.
- $50.00 Application fee(Non-Refundable) for each Residential Lease Application submitted
- Valid Driver's License or other Government issued ID for each Residential Lease Application submitted
- Verifiable Proof of Income - Last 2 months of pay stubs or Last 2 years of tax returns if self-employed/1099
- Proof of Funds - Last 2 Months of Bank Statements; applicable to business owners only
- Completed Pet Screening Profile - Required by all Applicants with or without pets: https://pmistation.petscreening.com/
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We also need to know if you'll have any minors residing with you during the tenancy. We ask that you upload color copies of each item listed below to your application or email to leasing@pmistation.com:
- Government-issued ID
- Social Security card
- Proof of income (2 forms proof of income in the form of 2 consecutive months of your most recent pay stubs, previous year's tax return, or a current job offer letter)
General Rental Criteria
Rental History Good Rental History
No Forcible Entry & Detainer (Evictions) unless you have verifiable documentation of landlord irresponsibility.
Verifiable Gross Income: Minimum of 3x the rent charged on the residence. Section 8 vouchers and certificates may be accepted. The resident must meet the same criteria as those seeking non-subsidized housing. In order to verify applicant income, PMI Station relies on a third-party verification service called Plaid. All applicants will start the verification process within this application. Application submittals are not considered complete until an automated income verification report from Plaid has been received by the person processing your application.
Criminal Background Check: Residency may be denied due to criminal history.
Credit History: Credit history must show that the resident has paid bills on time and does not have a history of debt write-offs or accounts that have gone into collection. Residency may be denied due to poor credit history. Contingent to your credit, a specific deposit amount will be required. Credit for all applicants over the age of 18 will be taken into consideration. If your Credit Score is below 650, we may need to request a co-signer who has at least a 700 Credit Score and will be enrolled in a credit reporting program. Credit Scores below 500 will be declined.
Maximum Occupancy: Two per bedroom + one
Upon Approval: The property will stay on a temporary hold while we underwrite your lease. Once you are approved, we will send you an approval email, at which time you will have 3 days to pay a security deposit, pet fees, and the first month's rent. If you are unable to complete the aforementioned, another applicant may be selected. The Application Fee is Non-Refundable. The lease will be sent out for the agreed-upon move-in date through Rentsign for you to review and sign online. You will have 24 hours to review and sign the lease once it has been sent to you. After the lease has been signed, we will take the property off the market. Once all fees and prorated rents have been paid, we will, on the morning of your lease start date, provide you with possession of the home, including keys, remotes, or other items necessary for access.
Property Condition: Applicant is strongly encouraged to view the Property prior to signing any lease. Landlord makes no express or implied warranties as to the Property's condition. Should Applicant and Landlord enter into a lease, Applicant can request repairs or treatments (see question section below).
Sight Unseen Addendum: If any leaseholders have not physically seen the property prior to a lease being signed, a "Sight Unseen Addendum" will be required to be signed by all leaseholders.
Should you have any questions, we are here to help. Feel free to reach out to our leasing department at leasing@pmistation.com during our normal business hours, Monday to Friday from 9:00 am to 4:30 pm.
Thank you for showing interest with PMI Station for your housing needs. We look forward to serving you!