Natchez Trace Rental Qualifications
One year (12 Month) lease only.
Photo ID Required.
NO PETS.
Rent From $650 To $695.
Application must be submitted in person with money order for application fee, which is non-refundable.
$45.00 Single person or $65.00 for a Married couple. ($45 each single person, co-applicant or co-signer).
Security Deposit: $400.00.
Two years of employment must be verified.
Current pay stubs, 1099's or tax returns are required to prove income.
Income:
Income
Amount
Required
:
One person or Married couple must earn (gross) at least 3 times the amount of monthly
rent. "EXAMPLE" At $695.00 rent this is $2085.00 per month or $25,020.00 per year.
Two adults (roommates) will each have to gross 2 times the monthly rent at $750.00 or
$2250.00 per month or $27,000.00 per year.
CRIMINAL
HISTORY
:
Criminal background check will be run.
CREDIT:
Applicant could be denied rental for some or all credit problems, all things are
taken into consideration, if you have any questions please call.
* Any money owed to a Utility (gas or electric).
* Dispo's or evictions, rental verified
* Bankruptcy, Chapter 7 must be discharged over 12 months ago. Chapter 13 show 6
months payment history.
For a Co-signer: Multiply gross income by 55%. Out of this amount,co-signer must be able to pay
their rent and/or mortgage, all of their own personal debts and your rent.
Rental wil be denied if:
1) Incorrect Social Security numbers are listed on application.
2) If any information is misrepresented or falsified.
3) If any previous landlord reports poor payment history, unacceptable behavior of applicants, co-residents, or
their guest, or if previous landlord would not re-rent.
A co-signer will be accepted if they meet all the requirements above. Both Co-signer and
Resident must sign the lease.
No more than 2 adults and 2 children in Townhome or Flat,  No more than 2 adults and 3 children in a Split.