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Updated almost 4 years ago,

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8
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Clark Coffey
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8
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Screening Question - Requiring all applicants to meet min FICO

Clark Coffey
Posted

Hello all, first time poster and relatively inexperienced single unit landlord. I’m out here in California and I want to make sure everything I do on my screening process is 100% above board in every way. I’m so concerned about it, that I may have started overthinking it and I could use a sanity check.

I always apply the same screening criteria to all applicants. I take them in first come first serve order and I accept the first qualified applicant. I do not take more that one applicant at a time and I do not pick the best from the pool of applicants.

Sanity check question: it is totally appropriate and acceptable to require all adults who will be living in the unit to go through the approval process and it is an acceptable criteria to have a credit score minimum for all adults applying, correct? I currently have a married couple applying, one has a fico of 724, the other 568. I require all applicants to have a minimum of 650. There are other issues with this application (high debt to income ratio and criminal record (non-violent drug related - which apparently cannot be grounds for denial in CA).

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