DISCLOSURE OF TENANT SELECTION CRITERIA PURSUANT TO JUST HOUSING AMENDMENT INTERPRETIVE RULE 730.100
ICM PROPERTIES, INC., is an equal opportunity housing provider and does not discriminate on the basis of race, color, sex, gender identity, age, religion, disability, national origin, ancestry sexual orientation, marital status, parental status, military status, or source of income. Rental applications are accepted or denied in compliance with applicable housing laws.
PRE-QUALIFICATION: VERIFICATION OF RENTAL, EMPLOYMENT. INCOME, AND CREDIT HISTORY
Upon completion of your rental application providing basic personal information, ICM processes each application using a commercially available, comprehensive, electronic tenant background search service which yields a Rental Score. No criminal background check is conducted at this stage of the application process. Pre-qualification includes the following evaluations:
Rental Score. Applicants with a Rental Score below 400 are denied. Applicants with a Rental Score between 400 and 600 may require a guarantor and/or additional review of proof of income, employment history, or additional documentation An applicant's "Rental Score" is determined from a mathematical analysis of information found in your consumer credit report, application, and previous rental history. The consumer credit report may include payment history. number and type of accounts, collection activity, outstanding debt, and inquiries. In addition, the rental scoring process may consider information such as income to rent ratio, previous eviction and subprime credit records. Note that your rental score does not include or otherwise reflect any criminal records. A collection action instituted on any judgment within the last four (4) years and which remains unpaid will result in denial. A bankruptcy filing within the last four (4) years will result in denial.
Rental History. Applicant must have verifiable rental history. Evidence of evictions, abandonment, or rent left owing to a prior landlord within seven (7) years of application date are grounds for denial. A poor rental reference within the last two (2) years is grounds for denial. Income. ICM does not discriminate on the basis of the applicant's source of income. The applicant's gross monthly income from all sources must be at least three times the applicant's monthly rental obligation. If minimum income threshold is not met, the application may be denied unless another individual guarantees the applicant's obligations under the lease.
All lease guarantors must complete an application. Upon completion of an application providing basic personal information, ICM processes each guarantor application using a commercially available, comprehensive, electronic tenant background search service to produce a Rental Score. The Rental Score as well as the combination of the proposed rent plus the proposed guarantor's own housing obligations must qualify. False information supplied in an application shall result in the application being denied.
Every application that is pre-qualified is subject to a criminal background check. ICM uses a commercially available criminal background search service.