Rental Criteria

Thank you for your interest in Forest Park Apartments as your new apartment home. As you look through the information, you will find the answers to some of the most frequently asked questions about qualifying criteria at Forest Park Apartments.

Occupancy Standard:

• The maximum occupancy standards are listed below.

AGE REQUIREMENTS:

• Lease holder(s) must be 18 years of age or older.
• All applicants 18 years of age and older are required to fill out an application for approval.

IDENTIFICATION REQUIREMENTS:

      All applicants must provide a valid Social Security Number. Applicants without a social security number are required to submit a Valid Government Issued Photo ID for verification.

INCOME REQUIREMENTS:

• The gross monthly income for all Lease Holder(s) must be (3.57) times the monthly rental amount of the apartment.
• Prior to approval, all employment and income must be verified by opting one of the following:

o   Copies of the last 2 consecutive payroll check stubs

o   Previous year W-2 or 1099

o   I-20 Form (Certificate of Eligibility), Grants and/or Scholarships

o   Proof of court ordered child and/or spousal support payments

o   Proof of social security income or disability

o   Proof of retirement or trust fund income

o   Current offer letter for income/employment verification on company letterhead

o   Statement of Verification on company letterhead

o   Verbal verification by supervisor or HR department

**Students only – must pass residency, credit and criminal criteria and then a guarantor will be required if the income requirement is not met. Proof of registration required**

GUARANTORS

• If a guarantor is required, they must make (6) times the monthly rental rate.
• Guarantors must fill out an application and will be subject to application fees, rental/mortgage verification, credit and criminal background checks.
• Guarantors must complete and sign a Guaranty Of Performance Agreement

RESIDENCY:

• Previous 24 month rental history will be reviewed and must exhibit NO derogatory references
• All debt to an apartment community or landlord must be Paid.
• No evictions are permitted within the last 5 years.

QUALIFIER SCORING MODEL USING CONSUMER CREDIT INFORMATION

• Debts to Utility Companies (water, gas and electric) must be Paid.
• International applicants must present a valid passport in lieu of credit report and must prepay the last 2 months of rent or have a Qualified Guarantor.
• If your application is denied or is accepted with conditions, Forest Park Apartments will provide the name, address and phone number of the consumer reporting agency which provided your credit report.

CRIMINAL HISTORY:

• Misdemeanor and/or Felony convictions consisting of but not limited to property,  theft, forgery, fraud, assault, robbery, and violent and sexual offenses against a persons or illegal drug activity including manufacturing, possession, and sale will result in a denial of the rental application.

APPLICATION FEE:

• A $20.00 non-refundable fee is required per application.

SECURITY DEPOSIT:

• A refundable deposit equaling $450 is due at the time of an approved application in order to hold an apartment off the market once it is available.

• Forest Park Apartments uses a third-party pet application service called PET SCREENING. ALL Applicants must complete a Pet Profile. Applicants without pets must complete an online affidavit, while pet/animal owners must provide vaccination details and photos of the pet. There is no charge ($0) for No-Pet Profile and an Assistance Animal Accommodation request, $20 for an Individual Pet Profile and $15 for each additional Pet Profile. Pet Profiles are completed at https://forestpark.petscreening.com.

PET REQUIREMENTS:

• A Non-refundable Pet fee of $100 will be required for the first pet and $100 will be required for the second pet.
• Pet Rent is ($20) per month per pet. 
• There is a 2 pet limit per apartment.
• Pets cannot exceed 25 pounds at full maturity
• A Pet Profile must be completed thru a third-party application service called PET SCREENING - https://forestpark.petscreening.com. The resident shall pay $20 for an individual Pet Profile and $15 for each additional Pet Profile.
• Pets are limited by breed: The following breeds either mixed or full are restricted and will not be accepted:

o   Pit Bulls – Pit bull Terriers, American Pit Bull Terriers, American Staffordshire Terriers, Bull Terriers, Staffordshire Bull Terriers, or Miniature Bull Terriers, Crossbreed with American Pit Bull Terriers.

o   Rottweilers

o   Boxers

o   Akita – Including Japanese and Akita Inu

o   Alaskan Malamute

o   Bernese – Including Mountain Dog, Berner Sennenhund and Bernese Cattle Dog

o   Carnary Dogs – Including Perro de presa Canario

o   Chow Chow

o   Dalmatian

o   Doberman Pinscher

o   German Shepherd

o   Husky – Including American, Eskimo and Greenland

o   Karelian Bear Dog

o   Mastiff

o   Rhodesian Ridgeback

o   Russo-Europoean Laika – including Russian Laika and Karelian Bear Laika

o   Wolf Hybrids