Northwest Select Real Estate Services  -  Multi Family
Tenant Selection Guidelines / FIF 404 mgr  -  Washington State

Equal Housing: Northwest Select does not discriminate on the basis of race, color, sex, religion, condition, familial status, national origin, or any other protected classes as defined by State or Federal law.

Availability of Rental Home: Applications for homes will be accepted on a first come, first served basis. Rental rates and other fees are subject to change without notice, until secured with a rental application.

Subletting: Subletting or assignment is not allowed. See Manager for help at any time to discuss available options.

Smoking Policy: This is a non-smoking property.  However, some residents have been “grandfathered in”, exempting them from the non-smoking policy.

Parking: There may be vehicle or parking restrictions for this community.  Please verify with the apartment community manager regarding potential restrictions.

Occupancy Standards: The occupancy standards for our homes are – Two (2) people per bedroom, plus one. However, some units may have alternative restrictions at properties with unique characteristics which necessitate reduced occupancy standards. Please verify with the apartment community manager regarding any potential occupancy standards.

Pets: Unfortunately, pets are not able to be housed in this community

Special Consideration: Each apartment community may have special considerations, rules to adhere to, qualities, or unique features that you will be required to comply with.  Please inquire of these prior to applying for residency.

Rental Payment Requirements: It is required that rental payments be made through our portal, which is accessed with your email address.   Secure payments can be made with account information, via credit card (a fee applies), or using cash along with a coupon we provide that facilitates the rental payment when you visit a CVS pharmacy or 7-11 store.
Renter’s Insurance: a minimum $100,000 liability policy will be required.  Please bring your verification of renter’s insurance to your lease signing appointment.  If you do not have a canine, we can offer options if you do not hold a renter’s policy.  You will be provided further instructions at that time.

Photo ID: Valid, unexpired, government issued photo identification will be required, please bring your identification to your lease signing appointment.

Screening:  Please be advised, the tenant screening fee is 45.00 and is non-refundable and a valid credit or debit card will be required for submission. Each person to occupy the unit, over the age of 18, is required to complete a rental application. In compliance with state and federal consumer reporting law, you are hereby advised that a screening will be conducted regarding the information contained in this application.  The report may contain information regarding your credit-worthiness, character, general reputation, personal characteristics and mode of living.  By signing this application, you authorize Moco, Inc., whose address is PO Box 2826, Seattle, WA  98111, and whose telephone number is (800) 814-8213, to conduct the screening and to release information obtained to landlord and landlord’s agents.  If the application is denied or approved conditionally based upon information contained in the report, you may request and obtain a copy of the report.  You have the right to dispute the accuracy of information contained in the report.  You may have additional rights under both state and federal law.  

If your application is denied and you request an additional review, you must notify the Manager and will have 72 hours to correct information and maintain your rental status.  Beyond that time frame, we will still welcome your application, which will be subject to availability.

False, fraudulent or misleading information submitted on the rental application may result in denial or subsequent eviction.

We recommend that you allow approximately 20 minutes of uninterrupted time to complete the online application. Be prepared to provide personal information (including but not limited to) name, date of birth, social security number, email address, 2 years of rental and (including landlord name, phone number and email address) and employment history.

After submission of your rental application, please email a copy of your photo identification and proof of income (as outlined within the income section below) to service@moco-inc.com.

Criteria

Residential History:  If valid rental history is less than 24 months then an increased deposit (equal to as little as ½ month’s rent or as much as 2 months’ rent) may be required.  However, 24 months of valid residential rental history may qualify for unconditional approval. Valid rental history is a written lease or month-to-month agreement, that does not include friends, relatives, transitional housing, etc.

Late payment(s), lease violation(s), improper notice (without legal time to comply), damages, unpaid landlord balance will result in denial of residency.

Final recommendation will also be contingent upon credit history, employment, income and criminal record results.

Credit History: Positive to negative credit history will be evaluated for Qualification.  

85 – 100% positive credit history required for unconditional approval.
80 – 84.99% may qualify with an increased deposit equal to ½ month’s rent.
75 – 79.99% may qualify with an increased deposit equal to 1 month’s rent. 
Less than 75% favorable credit will result in denial.

Unpaid derogatory credit (excluding medical and student loan debt) in excess of $1000 will result in denial.  
Open (non-discharged) or discharged bankruptcy with derogatory credit (after the discharge) will result in denial.  
Discharged bankruptcy with favorable credit history after the discharge may qualify with an increased deposit equal to 1 month’s rent.
Discharged bankruptcy with no favorable credit established (after the discharge) may qualify with an increased deposit equal to 2 months’ rent.

Final recommendation will also be contingent upon rental history, employment, income and criminal record results.

Employment:  Valid verification of consistent employment or income required. 24 months consistent employment required for approval. If employment is between 12 – 24 months an increased deposit of ½ month’s rent may be required.  If employment is between 6 – 11 months an increased deposit equal to 1 month’s rent may be required.  Less than 6 months employment may result in denial. 

Final recommendation will also be contingent on rental history, credit history, income and criminal records.

Income: Temporary sources of income will not be considered for qualification. Monthly verifiable income must meet 3 times the rental amount.  Income that is 2.5 – 2.99 times the rental amount may qualify for residency with an increased deposit equal to 1 month’s rent.  Income that is less than 2.5 times the rental amount will result in denial.  Roommates combined monthly verifiable income will be taken into consideration for qualification. Federal, State, and local subsidies will not be considered in rent-to-income ratio.

Acceptable documentation for verifiable income varies based on the income source.  Generally accepted documentation may include 2 consecutive (recent) paystubs, most recent tax returns, W2, Leave & Earnings Statement (LES), Statement of Social Security Benefits, I20 (International Students), etc.

Retirees or those without traditional employment will be addressed with all other guidelines, except income.  Stable banked (minimum of 90 days) income in the amount equal to the income guidelines above and proof through investments, banking, or asset representatives verifying appropriate accounts and amounts will be required.

Criminal Records: We do not automatically deny applicants based on criminal history.  Rather, criminal history is considered based on the nature of the offense and time passed since the date of final disposition (e.g. applicant was released from prison, probation or parole), circumstances of conviction, efforts at rehabilitation, and prior rental history since release from confinement.  We limit consideration to those convictions, the dates of final disposition of which pre-date the report by no more than seven years.  Note that convictions for the following offenses may result in denial:

Murder (1st & 2nd Degree)
Manslaughter (1st Degree)
Assault (1st, 2nd, 3rd Degree)
Kidnapping (All Counts)
Rape (All Counts)
Rape of Child (All Counts)
Child Molestation (All Counts)
Malicious Mischief (1st Degree)
Theft (1st & 2nd Degree)
Robbery (1st & 2nd Degree)
Burglary (1st & 2nd Degree, incl. Residential)
Vehicle Prowling (1st Degree)
Arson (1st & 2nd Degree)
Reckless Burning (1st Degree)
Terror Related Activity (All Counts)

Possession w/Intent to Deliver Illegal Substance (All Counts)

Delivery or Sale of Illegal Substance (All Counts)

Criminal conviction which results in a registered sex offender requirement and/or any current sex offender registry requirement.

A pattern of criminal activity, regardless of the nature of the offense, may result in denial.  A pattern of criminal activity includes, but may not be limited to more than 1 criminal conviction within the last 24 months.

Pending, unresolved and/or outstanding warrants will result in suspension of the application until resolved.  No unit will be held during the suspension.

A criminal records search will be performed for felony and misdemeanor offenses.  All felony and misdemeanor offenses must be disclosed on the rental application.  An applicant may request review, which will be considered on a case-by-case basis based on the nature of the offense(s). Individuals requesting a review for a prior criminal act must provide the following: (1) documentation on the nature and date of the crime, (2) circumstances of underlying crime and conviction, (3) efforts at rehabilitation, and (4) prior rental history references since release from confinement must be provided at the time the application is submitted.

Cosigner Criteria: Cosigners are only allowed at the discretion of management. Cosigners must reside in King, Snohomish or Pierce county.  A minimum 2 years current rental or mortgage history with no late payments reporting. Credit history must be 100% favorable with no bankruptcy filing (open or discharged).  Valid, verifiable income must meet at least 4 times the rental amount with 2 years demonstrated current employment.  Retired cosigners may be accepted if all other areas of qualification are being met.

Please enter your social security number (SSN) if one has been issued to you. Submission of an SSN helps assure access to your credit profile and reduces the likelihood of processing delays. We maintain strict physical, electronic and administrative security practices to protect your information. Moco Privacy Policy.

Equal Housing Opportunity

 
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Each person over the age of 18, who will be residing in the rental unit, is required to complete a separate application.

Please tell us about the rental unit you would like to apply for:

Apartment (Landlord) Name*:  
Management Company Name:
Rental Unit Street Address*:
City*, State* and Zip:
Apartment (Landlord) Contact Name*:
Apartment (Landlord) Telephone Number*:
How did you hear about us (Craigslist, For Rent, Friend, etc)?

Your planned move in information:

Rental Unit Number:  
Planned Move in Date: *
/ /
Rent $*:

Application Type *

I am applying:
Spouse/Roommate(s) name(s) -
list all over 18 years of age:
Cosigning for:

Tell us about yourself

(Legal) Last Name*:  
First Name*:
Middle Name:
Suffix:
Other names used:
Email Address*:
Contact Phone Number*:
Alternate phone numbers
(Cell, Work, etc..)
Social Security #:
 -   -   
Birth Date*:
/ /
Driver's License # and State:


* = Required Field.

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