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Updated over 4 years ago, 08/18/2020
Applicant A or Applicant B?
Wondering which tenant application looks less risky financially? Neither have rental history as both owned...
Applicant A: Retired Couple
Income to rent from social security & workers comp = 3.7x
Income less debt payments = 3.3x
Credit score: High 600's
Concerns: Foreclosure several years ago
Applicant B: Recently Separated Mother
Income to rent from job / child support = 3.3x
Income less debt payments = 2.6x
Credit Score: Low 700's
Concerns: Only a few months on the job; slightly lower income to rent but slightly higher credit score