Thank you for your interest in Williams Investments apartment homes! The application you are about to complete is totally FREE and applicable for ALL of our current vacancies for the next 60 days. Please complete only ONE application per adult as your showing agent will be able to help you with any of our vacancies you may be interested in.

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Williams Investments

Criteria for Residency



        I.            General Requirements

  • Current State or Federally issued picture I.D. is required
  • Each prospective tenant or occupant over the age of 18 must fill out an application
  • A valid Social Security number, passport, Visa, or ITIN number is required
  • A complete and accurate application must be filled out. Incomplete applications or false/misleading information can result in denial.
  • All application fees are free of charge
  • Applications take up to 72 hours to process. Processing time does not include weekends.
  • We will send out adverse action letters stating the reason for denial after processing.
  • We will be reviewing your credit report, criminal records, eviction history, rental references, and employment checks.
  • Unfavorable information for any individual applicant may result in denial of all applications for the household.

 

      II.            Deposits & holding fees

  • The breakdown for deposits in general would be $300 with a non-refundable fee of $150 for carpet and administrative fees unless a higher deposit was required.
  • To hold a unit, a deposit of $450 must be paid in full and a holding fee agreement must be completed and signed.
  • Deposits start at $450 but can increase depending on credit and residential history.
  • We do not accept deposits on units that have not been vacated
  • Units can only be held for up to 2 weeks
  • All move in fees must be in the form of a cashier’s check, money order, or credit card. NO PERSONAL CHECKS will be accepted!

 

    III.            Pets

  • Dogs are allowed with a $500 non-refundable fee. Maximum weight is 25 Ibs. Maximum amount is one dog.
  • Cats are allowed with a non-refundable fee of $150. 2 cat Maximum
  • If you have a service/companion dog we have an accommodation packet that you will need to have your doctor complete.

 

    IV.            Rental Requirements

  • No Evictions under 5 years old paid or unpaid.
  • A minimum of 12 months of verifiable residence history from a third party landlord required within the past two years from the date of application.
  • Any current 3-day notice will result in denial.
  • Rental history demonstrating residency, but not by a third party, will require an additional security deposit equal to one month’s rent
  • Home ownership will be verified through tax records or credit report.
  • Four or more late payments of rent or mortgage within a 12 month period will result in denial.
  • More than Two (2) and less than four (4) late payments,  NSF checks, or legal notices within a 12 month period, will result in added security deposit. (4) or more will result in a denial.
  • Rental history reflecting any unpaid past due rent greater than $100.00 dollars will result in denial until paid.
  • Outstanding debt to property management or landlord will result in denial; applicant may be reconsidered once the debt is paid.  Any judgment paid or not, for a landlord within the past 5 years will be automatically denied.
  • Rental history showing $100.00-500.00 damage will require added security deposit equal to one month’s rent, when the amount has been paid in full.
  • Rental history reflecting more than $500.00 in damages will result in denial, paid or unpaid.
  • Rental history with complaints (disturbance or other) will be denied if the manager would not re-rent or if there are more than 3 complaints.
  • Added security is needed for any instance of unauthorized persons or pets in a unit rented by the applicant.
  • First time renters, with or without established credit, will require added security
  • Renters who have had bed bugs or any other pest infestations within the past 2 years will be automatically denied.

 

      V.            Income Requirements

  • Each applicant must make a combined income of two times the rent amount
  • If monthly income does not meet two times stated monthly rent, the application will be denied
  • Added security and/or a qualified roommate  is required for temporary or seasonal employees.
  • Military income may require an allotment
  • Income must be taxable or able to prove such as with tax returns, paystubs, and/or bank statements.
  • We accept Section 8 vouchers from the Everett and Snohomish County Housing Authorities, Volunteers of America, and the YWCA programs. We also accept pledges from various agencies (DHS, Churches, etc.)
  • All section 8 housing applicants pay a matching rent deposit.

 

    VI.            Employment Requirements

  • Providing pay stubs, bank statements, and/or tax returns may help to speed up employment verifications.
  • Verifiable employment is required.  If unemployed and unable to verify income as able to pay rent, will be denied.
  • Self-employed individuals must be verified through tax returns or bank statements.
  • Added security and/or a qualified roommate is required for temporary or seasonal employees.
  • Military Income may require an allotment.


  VII.            Credit requirements

  • NO open bankruptcies
  • Applicants with a bankruptcy that has been discharged may be approved with added security 
  • Medical debt and student loan debt will be discounted as long as the rest of your credit is in good standing
  • Outstanding debt to property management or landlord will result in denial; applicant may be reconsidered once the debt is paid.  Any judgment paid or not, for a landlord within the past 5 years will be automatic denial.  


    VIII.            Criminal Records


Any criminal offense, which has taken place within the last 7 years, is a consideration for denial, based on the following:

 

Any Wants, Warrants or criminal convictions in the last seven years to include but not limited to the following: possession, use sale or manufacture of a controlled substance, sexual offense crimes, illegal weapons charges, arson, murder, homicide, kidnapping, assault, vandalism, theft, or any offense that would hamper the resident's peaceful enjoyment of the premises will be a consideration for denial.

 

Juvenile records will be considered if the applicant is under the age of 21 at the time of the report. If the applicant is over the age of 21, Juvenile records will not be considered.

 

CRIMINAL CRITERIA

History of criminal behavior that may negatively affect tenancy – drugs, sex offense, theft, robbery, assault, active warrants, etc…Determinations as to criminal screening will be made on a case by case basis, after analysis, and will be based on several factors and information. There will be no automatic denials on arrest or criminal convictions.


Certain criminal records which have taken place within the last seven years are a consideration for denial.

Deniable charges include but are not limited to:

Murder (1st and 2nd degree) ,Kidnapping (All counts) , Manslaughter (1st degree),  Theft (1st & 2nd degree), Assault 1st, 2nd & 3rd degree),  Burglary (1st, 2nd degree & vehicle prowling 1st degree),  Robbery (1st & 2nd degree) , Malicious Mischief (1st degree) , Rape (All counts),  Arson (1st, 2nd degree & Reckless Burning 1st degree),  Child molestation (All counts),  Delivery or Sale (All counts),  Rape of a child (All counts) , Possession with intent to Deliver (All counts),  and multiple misdemeanor and/or felony offenses could also be under consideration.

  • Reasonable likelihood that a past history of abuse of alcohol interfering with the health, safety or right of peaceful enjoyment by other members of the community.
  • Reasonable likelihood that a past history of use of illegal drugs (or unauthorized use of legal drugs) interfering with the health, safety or right of peaceful enjoyment by other members of the community.
  • History of criminal activity on the part of any proposed occupant could negatively impact your application.
  • Status as a registered sex offender.
  • Any criminal history of a violent or physical nature that may interfere with the peace, enjoyment and well being of the property or community will be denied.
  • Reasonable likelihood that a past history of applicant or those acting under his or her control will interfere with the health, safety or right of peaceful enjoyment by other members of the community.
  • Reasonable likelihood that a past history of applicant or those acting under his or her control will cause damage or destruction to the dwelling unit or surrounding property.
  • Reasonable likelihood based on income and credit that the applicant will not be able to timely satisfy the financial obligations of tenancy.
  • Reasonable likelihood based on rental and personal history that the applicant may cause damage to the property, or become a nuisance to neighbors or the community.
  • NO sex offenders will be approved

    Last month’s rent will be required in lieu of an added security deposit for all properties located in Seattle


*Williams Investments does not accept cosigners*

** PORTABLE SCREENING REPORTS WILL NOT BE ACCEPTED!**

 

 

*ALL APPLICATIONS ARE FREE THERE WILL BE NO PAYMENT REQUIRED AT THE END OF THE APPLICATION PROCESS!*

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