Minimum credit score question

[Scott Bowles]

Good morning,

I was curious what people use as a minimum credit score for B-, C+ type properties in the Salt Lake City, Utah area. Thanks!

Scott

[Stephanie Trevizo]

Hi Scott, I try not to go below 600. 

However, I have gone as low as about 580 when the whole "story" seems to work. I had a recently divorced tenant come to a showing with ALL of his documentation and application. He a bad credit score but had amazing past landlord reviews, I always call the last landlord (or 2) they had. In addition, his yearly income was well over $100k a year and he was renting for $1,200/mo with very little debt. I did still require an increased security deposit and he offered to pay 6 months up front. I rarely make exceptions, because there is always extra work on my part as the landlord, but I am willing to be understanding with the potential tenant who makes it easy and understands the system. Still, these situations are rare.