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Pre-Qualification Checklist

 

 

 

Does your household have any of the following acceptable forms to verify your income?

  • Last two (2) paystubs (most recent one within past month)

  • Last two (2) income tax returns (only if you are self-employed)

  • Form W-2

  • Social Security Benefits Award Letter

  • Pension Benefits Award Letter

  • Permanent Disability Benefits Award Letter

Does your household make a minimum of $50,000 per year?

Do you have at least twice your target rent amount available in a bank account?

Do you or any household member have an open/unsatisfied Chapter 7 Bankruptcy or pending bankruptcy? If Bankruptcy is satisfied or discharged, please answer ‘no’.

Have you or any household member ever been evicted or have or had any outstanding apartment collections?

Are you or any household member a registered sex offender or sexual predator or otherwise subject to reporting requirements of any state, territorial, or tribal sex offender registry?

Are you or any household member currently in default under a lease agreement?

Have you or any household member ever been reported for damage to a property in the last 5 years?

Do you intend to carry on any business, profession, or trade of any kind from home (ie will anyone be visiting the home for business purposes)?

Do you have any pets? Home Partners guidelines allow no more than three pets, with a combined maximum weight up to 180 pounds and do not allow the following breeds: Pitbull, Rotweiler, Mastiff, Doberman.

The process can generally take 35-45 days from the time Home Partners goes under contract to buy a home until you may be able to move in. Do you have sufficient time in your moving plans for this general timeframe and understand it may change depending on the circumstances of a particular situation?

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