Dear Prospective Homeowner/Tenant:
We are pleased that you are interested in allowing us to work with you in finding a new home. This may be a lease
property that is also for sale that we can negotiate a purchase on when you are approved for a mortgage or a lease only
property which gives you more options until you are ready and approved for a new mortgage. The decision to approve
your application is entirely up to the Landlord of the Property in which you are applying for. We will work very hard to
get you into the property you desire and there are times that we may need to get you into a different property for a year or
more as a lease until your credit can be repaired and then you can purchase another home with more options to choose
from at that time. We will set you up with your own personalized website if you have an email address with all of your
options. A normal processing time for applications is 3 – 4 business days if all information is provided up front and
timely with application fees.
Below are the guidelines and requirements of qualifying criteria so that we may make a recommendation to the Landlord
based upon the following factors:
1) Complete the Lease Credit Application: Applicants must be 18 years of age. All occupants 18 years of age or
older must complete a Lease Credit Application, pay all Application Fees ($varies and per person over 18) and are
required to be on the lease as a resident.
2) Security Deposit and Application Fees: An application fee per person over 18 (personal check, money order or
Cashier’s Check) is required at the time the application is submitted. Sometimes a Security Deposit in certified
funds (Cashier’s Check, Money Order or Wire Transfer ONLY) is recommended at the time of application. The
security deposit is not required, but is recommended to strengthen you application.
*Wire Transfer or online app fee processing will require a $10 processing fee*
3) Pet Deposit: If the owner permits a pet, an additional security deposit is required per the Landlords discretion.
Pets are always case by case.
4) Income: Income must be at least two ½ to three times the amount of rent. Two recent paystubs or if you’re self
employed or retired we require a copy of your prior year tax return, W2 or bank statement.
5) Photo I.D.: All applicants must provide a legible copy of their driver’s license or other approved photo I.D.
6) Employment: A minimum of two years of employment history is required. A fulltime student that does not meet
this requirement will require a co-signer. The co-signer for any applicant must meet all qualifying criteria.
7) Rental History: A minimum of two years of rental history is requested. (Living in a property that is owned by a
relative does not constitute a tenant/Landlord relationship for rental verification purposes) Owning your previous
residence can take place of rental history. Occupancy has to be verifiable. May need a co-signer if you do not
meet this requirement.
8) Credit: A Credit Report must be processed for each applicant.
Qualifying Criteria (based on prior two years)
Credit Issues past 24 months Deposit Required
Foreclosure
Double Security Deposit (equal to 2x’s the monthly rent)
Petitioned or Dismissed Bankruptcy
Double Security Deposit
Broken lease or negative rental history
Double Security Deposit
More than 50% negative credit
Double Security Deposit
50% negative credit AND 50% positive credit with
good rental
l ½ Additional Security Deposit
More than 50% POSITIVE credit with good rental
Single Security Deposit
Good Rental with no credit or lack of credit
Co-Singer or ½ Additional Security Deposit
No rental and no credit
Double Security Deposit or ½ Additional Security Deposit
with Co-Signer
9) Automatic Decline: Applicants will be automatically declined for the following: - Anyone having been evicted
by a prior landlord for cause -Falsification of application -Invalid Social Security number -Failure to pay
Application Fee -Any Application that has not been fully completed, including all pages signed.
10) Property Acceptance: Prospective tenant(s) are accepting the property in an as is condition. Requests for
changes to the property must be submitted in writing with the application
11) Signature: By signing this you have reviewed the Qualifying Criteria and understand that this is the basis of how
the results of your application will be determined
12) Letter of Explanation: Please include a letter of explanation for any negative issues you may have in the areas
above. The application process will uncover these items anyway and most landlords appreciate your upfront
honesty and responsibility. This will also save you countless application fees as each property that you apply for
may require an app fee.
We work hard with all the information provided to us to get a predetermination prior to submitting your fees. We
currently have access to and work with any Real Estate Agent and Landlord in the DFW Metroplex and surrounding
areas. Please visit our website at
www.christishouses.com and provide an email or fax number to help our home hunting
process be more effective for you. You can always go to a library for computer access and use a free email account (like
from yahoo.com for example) or use business centers like pack and mail centers or Kinko’s to receive or send faxes. We
accept payments online at our website for application fees.
Please sign this letter to let us know that you understand the requested requirements to submit a lease application on your
behalf.
_______________________ ___________ ________________________ ___________
Prospective Tenant Signature Date Prospective Tenant Signature Date
Email address: ________________________________________________
________________________________________________
Fax# ______________________________________
Thank you,
Christi Smith, Realtor, Keller Williams Realty
BGS Consulting
469.528.4121 Bus.
469.322.0189
Fax
info@christishouses.com
www.christishouses.com
General Business hours are Mon – Fri – 9 am – 5 pm , Sat by appointment only
Appointments are required in advance for showings.
