Qualifications for Rental Homes
Are you strictly looking for a house to rent? As a realtor® at SV Real Estate, I have access to all rental homes listed on the MLS in Austin (Cedar Park, Leander, Liberty Hill, Pflugerville, and Round Rock). Most rental home owners have the following qualification requirements:
- Credit score above 650
- Good rental history
- No criminal background
- Combined income of all applicants must be 3 times (sometimes 3.5 times) the rent
- Standard deposit is equal to one month rent.
- Preferably being able to move in within 14-30 days.
Applicants with Bad Credit
Chance of you being approved is VERY slim. If your rental history are criminal background are good, and your income is well above 3.5 times the rent, some owners may consider you with an additional deposit equal to one month rent. For example: if the rent is $3000, you will pay a standard deposit of $3000 and an additional deposit of $3000. Using this example, $6000 will be due to you upon move-in.
How does it work?
You can start by filling out the form below, telling me about what you are looking for. Based on your criteria, I will email you available listings for rental homes matching your search criteria. You will then pick out properties that interest you, schedule a touring appointment with me.
What if I am relocating? How will I be able to schedule a touring appointment?
That is not a problem. I have assist many clients from out of town. We can either facetime while I am touring the properties on your behalf or I can upload a video of the properties for you to view. Your choice.