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Rental Criteria

  1. Verifiable employment and income (two most recent paycheck stubs, W2’s or bank statements)

  2. Rent to household income ratio cannot exceed 33%.

  3. Good prior rental history, landlord references and verifiable timely rental payments

  4. No prior evictions; no evidence of breach of lease

  5. Good credit & credit references

  6. Government Issued Photo Identification

  7. No indication of repeated tendencies towards violent acts or illegal activities

  8. Head of Household must be 18 years or older.  Everyone over the age of 18 must complete an application, sign the lease and meet all rental guidelines.

  9. Management will not discriminate on the basis of race, color, national origin, religion, sex, handicap, age, marital status, or any other characteristics protected by all applicable state and federal discrimination laws.

  10. The following occupancy standards apply:

·        No more than two people may occupy any one-bedroom unit.

·        No more than four people may occupy any two-bedroom unit.

·        No more than six people may occupy any three-bedroom unit.

All applicants must qualify for approval based solely on the above guidelines. 

In the event of lack of rental history or lack of mediocre credit, a guarantor may be an option.  In the event of lack of income requirements, a guarantor may be an option, provided that they qualify financially at 5x the market rental rate.

If a guarantor is not available for a particular applicant, a higher security deposit may be offered as an alternative at the sole discretion of Texas Premier Homes. 


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