Thank you for considering renting with Aristos, Argosy, Cherrywood, Stony Ridge, or Sutter Place Apartments. All individuals 18 years of age and older who will be living in the unit must complete and submit an application. Applications for residency will be evaluated using the following criteria:
Income Requirements
- The combined monthly income of all applicants must be equal to or exceed two and half (2.5) times the rent.
- You will be required to provide proof of such monthly income (via a copy of your paystubs (most recent 30 days’ worth), student loan award letter, social security or disability statement, estimated Section 8 assistance payment, or other documentation reasonably requested by Landlord);
- Or provide proof of at least 2.5 times the rent times the lease term in an account (e.g. savings, money market, mutual funds, etc.).
- The inability to meet the income requirements will result in your application being denied.
- An exception may be made for students who do not meet the income requirements, if the other criteria is satisfactory, however, a qualified guarantor will be required.
Rental History
- You must have at least six months of verifiable good rental or home ownership history from an unbiased source within the last 2 years, or
- If you do not have sufficient rental or home ownership history, you may be given the option to find a qualified cosigner or to pay an additional security deposit* at or prior to move in. *The total of the security deposit will be equal to one month’s rent.
- If you have been evicted (or eviction proceedings were commenced) or had your lease terminated by your Landlord for lease violations in the last 2 years or have an outstanding balance due from any previous rental, regardless of how long ago, your rental application will be denied.
Credit History
- You must have a satisfactory credit history, which we will determine by your Experian* Credit Report provided to us via ResidentVerify, LLC. or
- If you have an unsatisfactory credit report (e.g. low credit score, outstanding collections or judgments, charge-offs, bankruptcies, etc.…) you may be given the option to find a qualified cosigner or to pay an additional security deposit* at or prior to move in. *The total of the security deposit will be equal to one month’s rent.
- An unsatisfactory credit history may result in your application being denied.
Criminal Offense
- Any criminal history may result in a denial of your application. Any conviction of a violent crime or one that requires sex offender registration will result in your application being denied.
Guarantor Qualifications
- Must be over the age of 18 and cannot reside in the same unit with whom you will be cosigning for.
- Must be a resident of Nebraska
- Must have at least six months of verifiable good rental or home ownership history from an unbiased source within the last year.
- Must have a satisfactory credit history, which we will determine by your *Experian Credit Report provided to us via ResidentVerify, LLC. Score must be a 661 or above on the *Vantage Score 3.0 scale.
- Income must meet or exceed 3.5 times the applicant’s share of the rent; or provide proof of at least 3.5 times the applicant’s share of the rent times the lease term in a bank account (e.g. savings, money market, mutual funds, etc.).
*The credit reporting company, scoring scale and/or required scores are subject to change.