Thank you for applying with HomeRiver Group™ Memphis, CRMC for your housing needs. In order to best serve you, we feel it is imperative that you are made aware of and fully understand our application policies and procedures.
Please read this page carefully before completing the application. It is the policy of this management company that applications must be complete and all fees paid prior to submission for consideration. All completed applications are processed on a daily basis (Mon-Fri). Application fees are nonrefundable.
A complete application will contain:
Complete your application process even faster by submitting your verification documents with our new Renter Tools application! Install the app on your iPhone and complete your application packet fast and easy!
No Forcible Entry and Detainer (evictions) unless you have verifiable documentation of landlord irresponsibility. However, an FE&D due to property damage, unpaid rent, drug use, or any criminal activity by the resident will not be accepted under any circumstance.
Any eviction, filed or granted, within the past 10 years is grounds for automatic disqualification.
No history of any damage to the residence, or an outstanding balance due to a previous landlord.
If there is money owed to a property management company, it must be paid in full & a receipt presented. If the money is not paid in full, applicant is automatically denied.
If you have no prior rental history then you may be asked to provide a qualified co-signer. The cosigner must fill out our application, have a good credit history, and be willing to sign the lease.
If there is money owed to a utility company or property management company, it must be paid in full & a receipt presented. If the money is not paid in full, applicant is automatically denied.
Verifiable Gross Income
Our income requirement is a minimum of two and one-half times (2.5 times) the rent charged on the residence, locally. Section 8 vouchers and certificates may be accepted and are subject to approval of the property manager. Employment/income must be verifiable by property manager.
Criminal Background Check
Residency may be denied due to criminal history (see Criminal Background Criteria)
|Park Place Credit Screening Criteria||Est. July 2017|
|600+||If applicant: Meets income, has no evictions, & has a clean criminal background, ok to approve w/no contingencies & no rental verification.|
|550-599||If applicant has: Good rental history, meets income, has no evictions, has a clean criminal background, ok to approve w/no contingencies *If no rental history is verifiable then co-signer is required or an additional deposit EQUAL to one month's rent (applicant's choice).|
|500-549||If applicant has: Good rental history, no evictions, meets income, criminal background clean= co-signer is required or an additional deposit EQUAL to one month's rent (applicant's choice).|
|450-499||If applicant has: Good rental history, no evictions, meets income, & criminal background clean= Co-signer required|
|400-449||If applicant has: good rental history, no evictions, meets income, criminal background clean= then co-signer is required or an additional deposit EQUAL to one month's rent (applicant's choice).|
|399 and below||Denied.|
|No Credit Score||If applicant: Meets income, has no evictions, has a clean criminal background, & good rental history=Co-Signer or Double Deposit, their choice.|
|Homeowner/ No Rental History||If applicant: Meets income, has no evictions, credit is 600 or higher, & criminal background is clean= Approved. *If credit is under 600, seek a co-signer or double deposit|
|Does not meet income (regardless of credit score or rental history)||Seek co-signer/Consult Property Manager as needed.|
If a Co-signer is required the Co-signer must meet the following requirements:
Disqualification From Residency For Lifetime
Including but not limited to the above
Crimes That Disqualify For Residency For 7 Years After the Completion of Their Sentence
Including but not limited to the above
Please consider the following breeds "Unacceptable":
Service or Companion Animals
Service or companion animals will always be accepted, provided documentation is submitted. A pet deposit will not be charged for a service or companion animal. (Documentation will be required)
For questions regarding the application, email the property manager in charge of the unit you are interested in directly. The property manager's email address is located on our available properties screen under each available unit.
Or submit your verification documents even faster with our new Renter Tools application! Download the Renter Tools iPhone app and submit your verification even faster and easier.
HomeRiver Group™ Memphis, CRMC does business in accordance with the Federal Fair Housing Law. (The Fair Housing Amendments Act of 1988.) Agents understand that it is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status, or National Origin. This applies in the sale or rental of housing or residential lots. It also applies to advertising, the sale or rental of housing and the financing or appraisal process. In addition, blockbusting is illegal. To assure tenants or buyers that we do not discriminate we display the Equal Housing Opportunity posters in our office and have its logo printed on our application forms.