Application Criteria

Thank you for trusting in Neighbors & Associates, Inc. to help with finding your new home.  We want the application process to be quick and easy for you.  Please note that we conduct a thorough background, credit and criminal check on all applicants.  Below you will find a list of items that you will need to submit with your application and some tips to prevent any delays in the processing.  

We screen each application immediately upon submission.  If your application passes our pre-screening qualification criteria and the property you are applying for is still available, you will be sent an invitation to submit an application deposit. This deposit is equal to 1/2 the security deposit and will serve to hold the home off the market for a maximum of 72 hours while we complete your application. If your application is approved, the application deposit must be immediately deposited and you will be required to sign a lease within 3 days of approval. If you fail to sign the lease within the 3 day time period or fail to move-in to the property upon the signing of a lease, the application deposit will be forfeited to reimburse the owner for lost rents. If you do not submit the application deposit, we will continue to accept applications on the property that you have applied for and any other qualified applicants will also be given the opportunity to submit a deposit.  We recommend that you view the property prior to submitting your application, as our properties are listed and leased on an "as is" basis.  You may set up a self showing by visiting our affiliate's website at www.Rently.com.

APPLICATION REQUIREMENTS

In order for us to complete your application, you must submit the following for all adults over the age of 18 that will be occupying the home:

COMPLETED APPLICATION - You can complete an application by clicking on the 'Apply Now’ button on the listing that you are interested in.

DRIVER'S LICENSE OR STATE ISSUED ID OR PASSPORT

PROOF OF INCOME - Acceptable forms of income include your most recent 3 months pay stubs, an Offer of Employement Letter, two previous years tax returns (if self-employed), social security earnings statements, or child support documentation.

NON-REFUNDABLE APPLICATION FEE OF $50 - Please note: The application fees are non-refundable. As soon as you submit your application, the application fee is immediately applied and cannot be refunded. 

QUALIFICATION REQUIREMENTS

CREDIT SCORE - We require a 550 FICO credit score and that all accounts are currently in good standing.

INCOME - We require a minimum income level of 3 times the monthly rental amount.  If one applicant does not meet this income requirement, we can combine the income of 2 or more applicants as long as each applicant can provide proof of income of at least 3 times the monthly rental rate.

RENTAL HISTORY - We require good standing rental history for the past two years. If you have owned your own home for the past two years, we will require that your mortgage is current in order to qualify.

CRIMINAL BACKGROUND - We will run a national criminal background check on all applicants and all applications will be checked through the national Sex Offender and OFAC/Terrorist database.

PET SCREENING - A photo of your pet must be included with your application for screening.  There is a $250 -$500 per pet fee required to be paid in full prior to occupancy and an additional $25 - $50 pet rent per pet charged monthly.

Restricted Pets: Dobermans, Pit Bulls, Chowchows, Akitas, Rottweilers, Siberian Huskies, Malamutes, Presa Canarios, Wolf-hybrids, German Shepherds, American Stafforshire Terriers, Mastiffs, St Bernards, Great Danes, Karelian Bear Dogs, Dingos or any dog(s) cross bred with the aforementioned dogs. Additional restrictions include reptiles, rodents, insects, exotic or poisonous animals or other animals as restricted by city or state ordinances.

RENTER'S INSURANCE - We require that tenants obtain a renter's Insurance policy and provide proof of that policy prior to keys being released. Renter's insurance can be easily obtained and is typically inexpensive. Please be prepared to provide this upon request at the time of lease signing.

OCCUPANCY LIMIT - Per HUD safety guidelines, occupancy shall not exceed more than 2 persons per bedroom.

REASONS FOR AUTOMATIC DENIAL OF AN APPLICATION

 • Eviction history within the past 5 years
 • Negative reports from previous landlords
 • Open bankruptcy
 • Felony convictions or admissions of guilt in the past 7 years
 • Multiple misdemeanor convictions or admissions of guilt in the past 7 years
 • Unpaid judgements or tax liens
 • Lack of proof of income of minimum 3 times the rent (or 4 times combined for two or more applicants)

FAIR HOUSING PROVIDER

Neighbors & Associates, Inc. is committed to compliance with all federal, state, and local fair housing laws. Neighbors & Associates, Inc. will not discriminate against any person because of race, color, religion, national origin, sex, familial status, disability, or any other specific classes protected by applicable laws. Neighbors & Associates, Inc. will allow any reasonable accommodation or reasonable modification based upon a disability-related need. The person requesting any reasonable modification may be responsible for the related expenses.

Please do not proceed with completing and submitting an application unless you have read and agree to these instructions.  If you proceed with submitting your application, your application fees are immediately applied and cannot be refunded.

 

 

contact us

Neighbors & Associates, Inc.

104 E Main Street

Benson, North Carolina 27504

Telephone: 919-701-2854

Email: Info@NeighborsAssociates.com

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