Overview of qualification criteria
Applicants must have a minimum combined household gross income of 3.0 times the monthly rent. To verify income, we require acceptable income documentation (summarized below) and may request additional supporting documentation
Please ensure you have the following forms of acceptable income documentation available to upload with your application. For more detail on the requirements, please review the complete list of Rental Qualifications and Income Criteria
- If employed (hourly or salaried), please be prepared to log into your payroll provider account via our secure site. Sparrow may also request paystubs from your employer that are current and consecutive for the prior 30 days.
- If employed (commission), please provide three (3) paystubs that are current and consecutive.
- If self-employed, please provide six (6) months of personal bank statements and most current year’s tax return.
A credit history will be completed on all applicants to verify credit worthiness. Income plus verification of credit history will be considered to determine rental eligibility and security deposit levels. Late payments, collections and charge-offs will be negatively scored. Open bankruptcies, eviction or collection actions or judgments will result in an automatic denial.
A criminal background check will be completed for each applicant and occupant age 18 years or older. The rental application will be denied for certain felony convictions up to ten (10) years prior to the application date, or any felony conviction for sex and terrorism related offenses regardless of time.
Prior rental history will be verified. Rental applications will be automatically denied for current outstanding debt/civil judgment or eviction within the last five (5) years.
Download the complete rental qualification and income criteria for more information.Download PDF