Tenant Screening in Maple Grove MN Criteria

I. Income:

• Total combined gross monthly income must be at least two and a half (2.5) times the amount of monthly rent (e.g. $700 monthly rent x 2.5 = $1,750 monthly income). Subsidy recipient’s income must be two and a half (2.5) the amount of the rent portion they are responsible to pay.
• Income must be verifiable in writing, which may include a pay stub, verification form on company letterhead, letter of benefit assignments or tax statements.
• Examples of income include, but are not limited to: Wages, Salaries, Tips, Social Security Benefits, Retirement, Pension or Savings Accounts, Stocks, Bonds, Child Support or Alimony payments, Unemployment Benefits or Public Assistance.
• Savings Accounts may be considered in lieu of active employment with verification of bank balances (savings, checking, money market, certificates of deposit) totaling at least six (6) times the monthly rent.
• Applicants who do not meet the income requirements will be required to provide a co-signer on the lease who does meet the criteria.

II. Rental History:

The following items may disqualify rental acceptance:

• Previous unpaid eviction(s) within the previous year.
• Outstanding balance owed to previous or current landlord.
• History of lease violations or broken lease terms (i.e.: late payments, NSF checks, noise complaints, skips or any negative reference).
• Applicants with no previous rental history will be required to provide a co-signer who meets the income and credit requirements of the Rental Acceptance Criteria, or furnish additional funds as determined by Landlord including but not necessarily limited to an increased security deposit at twice the deposit amount in effect at the time of approval or last month’s rent paid in advance.

Tenant Credit Check, Verification, Background Check, Criminal Check, Tenant Application, Employment Verification, Credit History and More

III. Credit History:

The following items may disqualify rental acceptance:

• Bankruptcy: Applicant is eligible immediately after the date of the order of discharge for a Chapter 7 or Chapter 13 bankruptcy.
• Credit history will be weighed in conjunction with all other rental criteria. Minnesota Home Rental Inc. reserves the right to deny any applicant based solely on a history of any delinquent credit activity. (Medical expenses and foreclosures are exempt).
• Applicants with no previous credit history will be required to provide a co-signer who meets the income and credit requirements of the Rental Acceptance Criteria, or furnish additional funds as determined by Landlord including but not necessarily limited to an increased security deposit at twice the deposit amount in effect at the time of approval or last month’s rent paid in advance.
y deposit at twice the deposit amount in effect at the time of approval or last month’s rent paid in advance.

IV. Criminal / Background Check:

• All applicants require a criminal background check. If residency in current state does not exceed five (5) years, additional reports are required from all previous states that applicant resided in the last 5 years.
• Felony convictions will disqualify an applicant for life from being a resident including, without limitation felony DWI’s. Registered sex offenders will be disqualified for life.
• Misdemeanor convictions or gross misdemeanor convictions will disqualify an applicant for up to three (3) years on crimes against persons, property or drug related illegal activity. The time period starts upon the date of the disposition of the crime.

V. Proper Identification:

Applicants must have one or more of the following in addition to a Government Issued Photo Identification.

• Valid Social Security Card
• Passport
• Permanent Resident Card
• Visa

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Minnesota Home Rental is a Homes for Rent and Property Management Company. Our main offerings include: Home Rental Listings for tenants looking to Find Housing and Rent Your Home options and Tenant Screening services for buyers who have homes to rent.

Some of the Communities We Serve:
Afton, Albert Lea, Albertville, Andover, Annandale, Anoka, Apple Valley, Arden Hills, Armstrong, Atwood, Bald Eagle, Bayport, Becker, Bellaire, Belle Plaine, Big Lake, Blaine, Bloomington, Bloomington Ferry, Brainerd, Brooklyn Center, Brooklyn Park, Buffalo, Burnsville, Calhoun Beach, Cambridge, Cannon Falls, Carver, Carver Beach, Castle Rock, Cedar Grove, Centerville, Champlin, Chanhassen, Chaska, Chisago City, Chisago Lake, Circle Pines, Clear Lake, Clearwater, Coates, Cokato, Cold Spring, Columbia Heights, Concordia College, Coon Rapids, Corcoran, Cottage Grove, Crystal, Crystal Bay, Dayton, Deephaven, Delano, Eagan, Eden Prairie, Edina, Elk River, Elko, Empire, Excelsior, Falcon Heights, Farmington, Forest Lake, Fridley, Glen Lake, Golden Valley, Greenfield, Ham Lake, Hampton, Hanover, Hastings, Hazel Park, Hazeltine, Hazelton, Highland, Hopkins, Hugo, Independence, Inver Grove Heights, Jordan, Lake Shore Park, Lake Crystal, Lake Elmo, Lakeville, Lauderdale, Lilydale, Lino Lakes, Litchfield, Little Canada, Long Lake, Long Prairie, Lonsdale, Loretto Lyndale, Maple, Maple Grove, Maple Lake, Maple Plain, Maplewood, Medicine Lake, Medina, Mendota, Mendota Heights, Minneapolis, Minnetonka, Minnetonka Beach, Minnetonka Mills, Minnetrista, Montevideo, Monticello, Mound, Mounds View, Mudbaden, New Brighton, New Hope, New Market, Newport, New Prague, New Trier, Nicols, North Oaks, North Saint Paul, Northfield, Norwood, Norwood Young America, Oakdale, Oak Grove, Oak Park Heights, Oak Terrace, Orono, Osseo, Otsego, Pine Bend, Plymouth, Princeton, Prior Lake, Randolph, Red Wing, Rice Lake, Rich Valley, Richfield, Robbinsdale, Rockford, Rogers, Rosemount, Roseville, Round Lake, Rowland, Saint Anthony, Saint Benedict, Saint Bonifacius, Saint Francis, Saint Louis Park, Saint Michael, Saint Paul, Savage, Shakopee, Shoreview, Shorewood, South Haven, South Saint Paul, Spring Lake, Spring Lake Park, Sunfish Lake, Tonka Bay, Vadnais Heights, Vermillion, Victoria, Waconia, Watertown, Waverly, Wayzata, Wescott, West Coon Rapids, West Saint Paul, White Bear Beach, White Bear Lake, White Bear Township, Woodbury, Woodland, Young America, Zimmerman