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JBMD Properties
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Our Qualification Criteria
Before applying, please read and check the boxes below
SECTION 8 : At this time, Section 8 vouchers are not accepted.
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RENT COLLECTION : Rent payments will be electronically processed from Tenant’s bank account. Tenant will be responsible for a $3 processing fee.
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APPLIANCES : Fridges, stoves, washers, dryers, and other non-permanent appliances at the property at time of lease signing were left by previous occupant and may be used but are not warrantied in any way.
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UTILITIES : Tenant will pay all utilities including water. Water bills will also be electronically processed from Tenant’s bank account. No transaction fee will be assessed for payment of water bill.
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LAWN & SNOW : Tenant will cut the grass and remove snow.
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EVICTION HISTORY : Applicant to have no evictions for the last 5 years.
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CREDIT SCORE : Minimum credit score of 600 required.
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PROOF OF PAID RENTS FOR LAST 12 MONTHS : Applicants to provide a rent ledger or bank statements showing proof of paid rent for at least the last twelve months.
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CRIMINAL HISTORY : Applicant to have no felony charges within the last 10 years nor imprisonment for a felony within the last 5 years.
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SEX OFFENDERS : Applicant must not be on any sex-offender list.
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SMOKING : Smoking is not allowed.
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PETS : Pets are allowed on a case by case basis. If a pet is approved, a $350 non-refundable pet fee plus $35/month additional rent will apply.
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APPLICATION POLICY & FEE : Each Adult 18+ must complete an application. It is FREE to submit an application. If your application is accepted, $30.00 per applicant will be due to process the background and credit check.
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RECOMMENDED INCOME LEVEL : Recommended level of net income is 3X the monthly rent. Example: If rent is $1,500/month, applicant is to provide evidence of approx. $4,500/month in net income.
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BANK STATEMENT VERIFICATION : A copy of most recent bank statement(s) is required to show availability of move-in funds, verify current rent/mortgage payments, and employer deposits.
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PROOF OF INCOME : Recent W2 plus last 2 months pay stubs required. Pension or benefit statements if applicable. If self employed, 2 years tax returns.
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PHOTO IDENTIFICATION : A high quality copy of driver’s license is required with application.
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RENTER'S INSURANCE : All tenants must obtain and maintain renter’s insurance and name JBMD Properties as an additional insured. A copy of the policy will be required at lease signing.
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LEASE TERM : Typically, a minimum of a 2 year lease is required. Lease end date will be March or May 31st.
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Thank you. Moving on to Step 2…