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 must 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 the two 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. To be approved a guarantor must have an acceptable credit history, a minimum $60,000/year net, and acceptable debt to income ratio. A Guaranty of Lease form will have to be submitted along with the application, and application fee($50), before any guarantor will be considered. See management for details.
Rent/Mortgage Payment History: Any legal proceedings, judgments, evictions, owed property money, skips may result in a declined application.
Acknowledgments(Required) Acknowledgments(Required)
General Information: Applicant 1 Have you been convicted, plead guilty, no-contest, received probations, deferred adjudication, court-ordered supervision, or pre-trial diversion for a felony, sex-related crime, or misdemeanor assault against another person?(Required) Citizenship(Required) Add More Applicants?(Required) Does applicant(s) or any of applicant(s) family members have any special needs?(Required) (I.e. Wheelchair Access, lights for fire & smoke alarms, special assistance from a service dog, handrails, etc.)
Have you been evicted, sued for rent or property damages or broken a lease?(Required)
Pets Upon application approval, applicant agrees to create a PetScreening profile within 3 days of approval, regardless if applicant has no pet or an ESA/Service animal. Failure to complete the pet screening will stop the move in process and all deposits will be retained by Madison on 20th Apartments. The Pet Screening annual fee is $25 per pet for all pet owners. There is no fee for ESA/Service animals and non-pet owners. PetScreening is a third-party service utilized by housing providers and property managers to screen household pets, validate reasonable accommodation requests for assistance animals (Service/ESA/Companion) and confirm every resident understands their pet policies.
Do you have a pet?(Required) No Pet(Required) I Have a Pet(Required)
Emergency Contact In the event of serious illness, death, or other circumstances that would make you unavailable, can this emergency contact remove your property from your apartment or common area?(Required) We reserve the right to obtain credit and criminal background history report on all applicants and other residents 18 years of age and older. Management reserves the right to accept or deny applications for any reason based upon current qualification requirements. The application fee is non-refundable. If your application is approved and you do not sign a lease for any reason, the deposit will be retained.
APPLICANT RELEASE(Required) BY SIGNING BELOW, I/WE HEREBY AUTHORIZE MADISON ON 20TH AND ITS AFFILIATES TO MAKE INQUIRIES REGARDING MY CREDIT, BACKGROUND, EMPLOYMENT, AND RENTAL HISTORY FOR THE PURPOSE OF DETERMINING MY ELIGIBILITY FOR OCCUPANCY.