Would you approve the tenant application?
It took a while to actually have someone apply for tenancy of my property. Due to Roofstock's rent guarantee, I'm not losing any money.
The property management is only giving me the following information about the applicant:
- Credit score over 575. No range provided.
- No evictions ever.
- No outstanding rent payments to clear... this is because the applicant was recently a homeowner.
- Applicant recently sold their home. No outstanding/late mortgage payments to clear. No foreclosure.
- An income to rent ratio over 3:1
- Passed criminal background check
It's a 3 bd/2ba property and the applicant is a single adult. The PM cannot share if there are any minors will potentially be living in the property.
The reason for my post is because this is the most vague criteria that a PM has ever provided me. Usually I get a better idea of the credit score.
Thanks in advance for your thoughts.