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Qualification Requirements

Leasing Qualifications

Lighthouse Property Management is an equal opportunity housing provider. Lighthouse does not discriminate on the basis of race, color, national origin, religion, sex, disability, or familial status.

Each resident over the age of 18 must submit a separate rental application. Incomplete applications will not be processed.

Please be prepared to pay the non-refundable application fee of $25 per adult as outlined in the property listing.

A valid form of identification and proof of income can be uploaded to the application.

3 years of rental history as well as contact information for your rental references must be provided.

Security Deposit must be received within 24 hours of approval.

Qualifications:

Combined gross monthly income of household must be verifiable and at least three (3) times the monthly rent amount.

Established Credit. With limited credit, bankruptcies, foreclosures, collections, or repossessions, a co-signer with good credit or a higher security deposit of 1.5X the rent amount will be accepted. Cosigner must fill out a separate application-to qualify they must have *at least 10 lines of credit *nothing past due or in collections *income that is at least 3X the monthly rent.

Good Rental History. Lighthouse will contact previous landlords-family members and friends will not count as a verifiable reference. Unsuccessful rental history includes, but is not limited to: evictions, complaints, unauthorized pets, pattern of late payments, damage to the property or an outstanding balance to landlord.

A Criminal Background Check will be processed. Any violent or sexual crimes will disqualify the applicant. There can be no felony within the past 5 years.

Pet Policy:

No apartment with a shared entrance or where lawn care/snow removal is provided will allow a dog. For a house, duplex or condo where a dog is accepted, the breed cannot be a pit bull. Other restrictions such as size and number will depend on the property owner’s own restrictions.

Cats are negotiable depending on property owner’s restrictions. Cat must be declawed and spayed/neutered. No more than 2 cats will be allowed.

There will be an additional monthly fee of $25 and renters insurance that covers pet damage is required.

DISCLOSURE OF AGENCY: Michigan law requires real estate licensees who are acting as agents of Property Owners (Sellers) or Tenants (Buyers) of real property to advise the potential owners or tenants with whom they work of the nature of their agency relationship. LIGHTHOUSE PROPERTY MANAGEMENT IS AN OWNER’S (LANDLORD’S) AGENT. An owner’s agent, under an agreement with the owner, acts solely on behalf of the owner. An owner can authorize an owner’s agent to work with subagents, tenant’s agents and/or transaction coordinators. A subagent of the owner is one who has agreed to work with the listing agent, and who, like the listing agent, acts solely on behalf of the owner. Owner’s agents and their subagents will disclose to the owner known information about the tenant which may be used to the benefit of the owner.