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Updated over 6 years ago on . Most recent reply

User Stats

32
Posts
9
Votes
Wendy Carbone
  • Real Estate Broker
  • Huntsville, Al
9
Votes |
32
Posts

Do all tenants need to meet the minimum credit criteria?

Wendy Carbone
  • Real Estate Broker
  • Huntsville, Al
Posted

One property, 3 applicants.

Would you accept an application where one tenant meets your credit minimums, but 2 additional applicants do not.  Our application states we require a minimum of 650 and we do require everyone over the age of 18 who intends to occupy the property to apply separately. What if one person had a 800 and the other 2 had 500?   Is it enough to just reject them based on "not meeting the credit criteria" or do they need something more specific?

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