4/23/2024 1:31 PM
WEIDNER APARTMENT HOMES QUALIFYING CRITERIA
Weidner Investment Services provides rental housing to qualified residents without regards to race, color, sex, including gender identity and sexual
orientation, religion, handicap, familial status or national origin. All housing provided within the guidelines established Human Rights laws regulating
the multifamily housing industry.
Occupancy Policy
Studio= 2 persons 1 Bedroom = 2 persons 2 Bedroom = 4 persons 3 Bedroom = 6 persons
Application Process and General Requirements
Monthly gross income must equal 2.5 times the monthly rent. If more than one applicant is applying the income will be combined.
Any person residing in the apartment that is 18 years of age or older must apply.
Each person applying must pay the non-refundable application fee (if applicable).
If screening results return with conditional credit results, then applicant must provide proof of income.
Photo Identification must be verified by an on-site associate.
A complete rental application must be filled out and signed prior to moving in.
Resident Insurance is required at move in. Not applicable in Manitoba.
Rental History & Denied Applicants
Any monies owed to a previous landlord will result in a denial.
Any monies owed to a utility company could result in a denial.
Any judgment or eviction process against any applicant would also result in a denial.
Criminal background checks may be required and could result in a denial.
Income Requirements
Verifiable income includes:
30 days of current pay stubs showing year to date wages.
If employed less than 30 days, a signed offer letter on business letter head, with hire date, position, and salary.
If self-employed, most recent signed tax return.
A written letter from a certified accountant on business letter head summarizing a annual income.
Bank statements showing an available balance equal to the required monthly income requirements over the length of the lease
term.
Stock, Money market, or trust accounts verifying a liquefiable income. Applicants name must appear as account holder.
Retirement pension account.
Disability from a government issued agency.
Proof of financial education assistance.
Court ordered child support allocation.
Court ordered alimony or palimony allocation.
Credit Requirements
Favorable credit will be required
A credit report is requested for all applicants. This report is reviewed by weighing current accounts, delinquent accounts,
collection accounts, bankruptcies, liens, judgments, public records, and any other outstanding balances.
Any bankruptcy must be closed and discharged for a minimum of six months and proof of discharge is required.
Other Policies
Cosigners/Guarantors will only be considered if recommendation is accepted.
Cosigners/Guarantors will need to provide 4 times the rent gross and good standing with credit ratings to be accepted.
Conduct or other lease violations with prior or current management may result in denial of tenancy.
Earnest Money Terms
Earnest money is required to hold an apartment off the market while your application is being processed. This does not guarantee the
approval of your application. Once your application is approved the earnest money will become nonrefundable and applied towards any
move in costs. Should your application not meet the qualifying criteria the earnest money will be returned. In the event screening results
in an additional deposit beyond the standard advertised deposit, the applicant has 24 hours to cancel and have the earnest money
returned.
Document digitally signed using RentCafe eSignature services. Document ID: 9560135
4/23/2024 1:31 PM
WEIDNER APARTMENT HOMES QUALIFYING CRITERIA CONT.
Applicant’s Signature Date Applicant’s Signature Date
Applicant’s Signature Date Applicant’s Signature Date
Applicant’s Signature Date Applicant’s Signature Date
Guarantor’s Signature Date Guarantor’s Signature Date
Document digitally signed using RentCafe eSignature services. Document ID: 9560135
