Rental Criteria and Application Process
208.properties is the exclusive agent and representative of Emerald Apartments and does not, in any respect, have any fiduciary or agency responsibilities to the applicant. All federal, state and local laws are followed. Each application is processed without regard to race, color, religion, sex, handicap, familial status, national origin, sexual orientation or gender identity. Our team of professionals is regularly trained and educated on the latest local, state, and federal statutes about rental regulations.
For additional help or if you have any questions regarding Reasonable Accommodations we are here to help. Contact us directly via our office line or fill out our Reasonable Accommodations Form for review. Also, please utilize Intermountain Fair Housing Council. The Intermountain Fair Housing Council (IFHC) is a nonprofit organization whose mission is to ensure open and inclusive housing for all persons without regard to race, color, sex, religion, national origin, familial status, sexual orientation, gender identity, a source of income, or disability.
All applications must meet our rental policy requirements below. Each applicant 18 years of age and older must complete a separate application and pay the application fee of $50, which is non-refundable. Our team will save all approved applications for 30 days to be used for available vacant rental units during that period.
Each application must be completed and signed with fees paid before processing can occur. Applications are processed in the order received. Additional applications will continue to be accepted until the approved applicant has a signed and executed lease and has paid the security deposit. Processing is normally completed within 24 hours; however, it can take longer if red flags or complications arise such as difficulties contacting your past landlords or verifying employment history. A copy of the applicant’s drivers license or other federal issued ID is required and will become part of the completed application. All information on an application is subject to verification. Applications will be denied if any given information is falsified.
Verifiable Gross Income
Our income requirement is a minimum of three times the rent charged on the residence, locally. Employment and income must be verifiable by the property manager.
Payments & Security Deposits
208.properties’ rents are based on current market conditions and instructions from the property owner. All payments will only be accepted online. The security deposit amount varies from property to property and must be paid with 24 hours of executed lease and/or before scheduled move-in. Also please review our no money down Security Deposit options!
Rental history
Applicant must have good rental references for at least six of the last 18 months, unless the applicant has just sold their home. Relatives are not acceptable as rental references. An application may be denied for any of the following items:
Any eviction, filed or granted, within the past 10 years.
History of any damage to the residence, or an outstanding balance due to a previous landlord.
If money is owed to a utility or property management company, it must be paid in full and a receipt presented. If the money is not paid in full, the applicant is automatically denied.
If the applicant has no prior rental history, then they may be asked to provide a qualified co-signer. The cosigner must fill out our application, have a credit score of 650 or higher, verifiable income of at least three times the rental amount, and be willing to sign the lease.
Pet Policy
If the property owner agrees to allow a pet. Pets must be at least one year of age. Puppies and kittens are prohibited. Barnyard animals, reptiles, rodents, and other mammals are also prohibited. Caretaking of any other person(s) animals or pets is prohibited.
If you have any questions regarding Reasonable Accommodations we are here to help. Contact us directly via our office line or fill out our Reasonable Accommodations Form for review.
Service or Companion Animals
Service or companion animals will always be accepted, provided documentation is submitted. Documentation will be required at the time of application.
Credit History
All information shown on the credit report is subject to verification, including previous address and place of employment. To ensure that all applicants are treated the same, 208.properties uses the following credit criteria:
600+ — For approval with no contingencies, applicant must: meet income threshold, have no evictions, have good rental history, and have a clean criminal background.
550-599 — For approval with no contingencies, applicant must: meet income threshold, have no evictions, have good rental history, and have a clean criminal background. *If no rental history is verifiable then co-signer or an additional deposit is required.
500-549 — For approval, applicant must: meet income threshold, have no evictions, have good rental history, have a clean criminal background, and provide a co-signer and/or additional deposit equal to one-month rent.
500 and under — Denied.