Madison on 20th

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Thank you for choosing Madison on 20th Apartments! Before applying, please read over our qualifications to check for eligibility.

Madison On 20th
QUALIFICATON NOTIFICATION

Applications: Each applicant over the age of 18 must submit a fully complete individual application, and pay the $50.00 fee required. Head of Household has to be at least 18 years of age and only residents who are on the signed lease agreement are permitted to reside in the apartment.

Income Requirements for Individuals: Income must be at least 3x the monthly rent and official documentation of all stated income must be provided (including Child Support, Trust Fund Income, Alimony, Retirement, or Disability Income, etc.) The applicant must submit at least two of the most recent pay stubs or a signed offer letter on Company letterhead as proof of income and employment.

Income Requirements for Roommates: Each resident is jointly and severally responsible for the entire rental payment. The combined total income of all applicants must be at least 4x the monthly rent. Official documentation of all stated income must be provided (including Child Support, Trust Fund Income, Alimony, Retirement, or Disability Income, etc.) Each applicant must submit at least two of the most recent pay stubs or a signed offer letter on Company letterhead as proof of income and employment.

References/Verification: All references of employment and residency will be verified, and a criminal background check will be conducted. The application of any person who has been convicted of a misdemeanor or felony, or a charge involving sexual misconduct, violence or illegal substance may be declined.

Credit History: Credit reports will be run on each applicant and will be considered in the overall worthiness of the application. Unsatisfactory credit history can disqualify an applicant from renting. An unsatisfactory credit report could be one that reflects past or current bad debts, late payments or unpaid bills, liens, judgments or bankruptcies.

Guarantor: Full time students, with current course schedule, receipt of payment, and in good standing with their educational institution, may qualify for a guarantor.

Rent/Mortgage Payment History: Any legal proceedings, judgments, evictions, owed property money, skips may result in a declined application.

Occupants: The number of occupants permitted per apartment is strictly enforced and children or occupants under the age of 18 must be included in occupant count.

Occupancy limits: 1 Bedroom (2) Occupants – 2 Bedroom, (4) Occupants

Pets: Pets are accepted up to a 30 lb. limit, with a signed Pet Addendum and a onetime non-refundable fee paid; there is a $20.00 charge added per month, per pet, to the rent.

No more than two (2) pets per apartment are permitted.
1 Pet = $250.00 2 Pets = $500.00

This apartment complex complies with the Federal Fair Housing Act and does not discriminate on the basis of race, color, religion, national origin, sex, familial status or disability, or any other basis protected by applicable state, Federal or local fair housing laws.

Picture identification is required with application. NO CASH ACCEPTED.

Downloaded applications may be returned via email or fax. Please remember to attach recent paystubs and picture identification for all applicants over 18 years of age when submitting the application.

 

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