The main requirements for leasing a property with SBD Housing Solutions are as follows:
- Gross monthly income needs to be 3x the monthly rent for one applicant. 4x if multiple applicants
- Total Debt / Gross Monthly Income = >55% (preferred)
- A minimum credit score of 550 or higher (preferred)
- No felonies within the last 10 years (no exceptions)
- No currently open bankruptcies
- Any eviction on the record needs to have a $0 balance. No matter the age of the eviction.
Submitting Your Application
Application processing is 3-5 business days. We must have ALL these items before we can begin processing your application:
- $45 non-refundable application fee, which will apply to all of our properties for up to 30 days. This pertains to each person 18 or older that will be residing in the home
- A copy of each person’s photo ID
- Income verification (ex. Paystubs, tax return, bank statements, letter of employment, W-2)
If you have questions during the process please email firstname.lastname@example.org.
Keep in Mind
We receive approximately 120 applications per month, and they are processed in the order that they are received. A property will not be held until the security deposit has been received. If multiple applications are received for any one property the owner of the property will have the final decision regarding acceptance. If your application has been approved by SBD but not chosen for the property that you have applied for, you will be notified via email and given the opportunity to transfer your application to another property within our portfolio.
*(Tip: Many times, rental verification can take the longest to complete due to contact with past landlords; anything you can do to help expedite that process is helpful).
Once You Have Been Approved
An offer of approval will be sent to you requesting the base security deposit (any additional security deposit will be due on the day of move-in if applicable) within 24 hrs. to reserve the home.
Once the security deposit has been received a member of our team will prepare the lease agreement, which will be available to sign via our Tenant Portal. Each lessee must log into their individual tenant account to sign the documents (i.e. if more than one person is on your lease, each individual must log in to their own portal to sign the agreement). Instructions on setting up your portal will be made available to you via email.
Move-in shall be within 2 weeks of approval OR available date of the property. You are required to pay a FULL month’s rent, additional security deposit (if applicable) and any pet fees to receive instructions for move-in. If are you moving in after the 1st of the month the rent will be prorated; however, you will not need to pay the prorated amount until your second month (i.e. Move in on June 15th = Pay full month rent. July 1st = the prorated rental amount is due). You must have utilities transfers into your household name prior to your move-in date and confirmation numbers must be provided.
*We are a paperless office and encourage you to use our online payment portal for rental payments. Payments processed manually are subject to an additional fee per payment.
We accept cats & dogs with no weight restrictions except where specified for individual properties. All pet fees are NONREFUNDABLE. There is a minimum charge of $300 per animal plus a month pet rent of $25.00 per pet. There is an additional pet fee of $150 per additional animal with a max limit of 3. Unauthorized animals are any animal not reported to our office and are subject to a pet violation fee. Please note that our rentals do not permit pit bulls, or any mixture thereof, at the premises.
If you have any further questions or require assistance, please contact our leasing department at 816.994.9378 or email@example.com
– Joelle Williams, Leasing Coordinator | firstname.lastname@example.org