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RENTAL REQUIREMENTS and APPLICATION
How to Submit an Application:
  • Print and fill our ONLINE RENTAL APPLICATION
  • Arrange payment -- At the time you submit your application, you will be asked to pay a screening fee of $45.00 (per applicant, if not married), payable by certified check or money order to Peninsula Property Homes, LLC.
  • Deliver your application -- You can bring the application to our office, or you can fax to (757) 240-5469. Be sure to include at least three (3) current paycheck stubs (to verify income), verification of any other sources of income and a copy of your Driver's License. If you have the ability to scan documents, you may email your application to debbie@pen-prop.com.
General Requirements:
  • Positive picture ID is required
  • Application must be completely filled out and signed. Failure to do so will result in delay of the processing.
  • Application Fee of $45.00 must be paid before processing the rental application.
Rental Requirements:
  • Three years of verifiable residence history from a landlord required. If none is available, a Co-Signor will be required. The Co-Signor: 1.)Must be employed by the same employer for at least one (1) year or other forms of income must be able to be verified; 2)Must make sufficient income to cover their bills, as well as the applicant's rent payment; and, 3) Must reside in the state of Virginia.
  • Three (3) or more late notices within a 12 month period will result in denial.
  • Rental history reflecting any unpaid past due rent will result in denial.
  • Any current unlawful detainer/warrant in debt or eviction that is pending will result in denial.
  • Outstanding bad debts/collections for utilities or rent will result in denial.
  • Background check.
Income Requirements:
  • At least 3 current paycheck stubs or LES will be required to verify income.
  • Your monthly income must be two and a half (2.5) times the amount of the proposed rent.
  • Self-employed applicants will require proof of income from 2 years of tax returns.
  • Other sources of income must be able to be verified.
Employment Requirements:
  • Verifiable employment is required.
  • Self-employed individuals must be verified through tax returns and/or bank statements.
  • Must be employed by the same employer for at least one (1) year.
Credit Requirements:
  • Good credit is required.
  • Outstanding judgments for rent and/or collections for utilities will result in denial.

PRINT OUR ONLINE RENTAL APPLICATION




 



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All contents ©Copyright 2018
Peninsula Property Homes, LLC
Po Box 6368
Newport News VA 23606
Phone: 757-599-6054