Please check the quick list of requirements below before applying for a lease with Dyer Management:
Income –
Applicants must have a minimum combined gross income of 3.0 times the monthly rent.
Credit –
A credit report will be obtained on all applicants to verify credit ratings. Income plus verification of credit history will be entered into a credit scoring
model to determine rental eligibility and security deposit levels. This credit scoring model will include positive and negative payment history for lines of
credit, usage of credit, credit history, credit availability, inquiry history, and student loans. The minimum accepted credit score will be 550. Unfavorable
accounts which will negatively influence this score include, but are not limited to: collections, foreclosures, charge-off, repossession, absence of credit,
and current delinquency. Debt to previous landlord, and open bankruptcies will result in an automatic denial of the application.
Criminal History –
A criminal background check will be conducted for each Applicant and Occupant ages 18 years or more. The application will be denied for any
felony conviction up to six (6) years prior to the application date, or any felony conviction for sex- and terrorism-related offences, regardless of time.
Rental History –
Some credit scoring results will necessitate an evaluation of verifiable rental or mortgage payment history. Applications for residency will
automatically be denied for current outstanding debt or eviction.