POLICY FOR ACCEPTING APPLICATIONS
Wainright Property Management, LLC does not discriminate in the rental of dwellings and in other
housingrelated transactions, based on race, color, national origin, religion, sex, familial status (including
children under the age of 18 living with parents or legal custodians, pregnant women, and people securing
custody of children under the age of 18), and handicap (disability).
Wainright Property Management, LLC requires the following:
*Applicant must be 18 years old or older. A separate application form is required for every individual who is
18 years old or older.
*Applicant must meet the rent-to-income ratio. Our Rent to Income Ratio is One to Three. For example, if you
want to rent an apartment with the monthly rent of $500, you must show verifiable income in the amount of
$1500 or more per month. We do consider combined income of spouse/roommate to meet rent-to-income ratio
requirements. Child support is considered only if paid by the court. We require proof of income in the form of
paystub, employment contract, W2, and/or income tax return. Other forms of income that may be considered
include but are not limited to the following: student loans/grants/scholarships, SSI, Disability, and Retirement.
You will be asked to show proof of any income.
POLICY FOR ACCEPTING PARENTAL GUARANTEE
*WPM will only allow a Guarantor to sign for full-time students. A parent or legal guardian may co-sign if the
Applicant meets the following requirements: (1) Applicant is a full-time student. (2) Applicant does not income
qualify. The printed Parental Guarantee form must be signed in the presence of a Notary if not witnessed by a
WPM staff member. The form is also available to complete online on our website. If Applicant is a full-time
student who works full-time, a co-signer is not allowed.
*Applicant must credit qualify. We will pull a credit report for each Applicant and/or Guarantor. Credit Score
is considered only for specials. WPM does not require a certain score for approval. Approval or Denial is
based on the content of the credit report rather than a score. Applicant may have a high credit score but be
denied based on content of credit report. Items for which an Application may be denied include but are not
limited to the following: (1) significant number of negative accounts-including medical accounts (2)
collection/judgment from prior rental/apartment (3) bankruptcy (4) foreclosure.
*WPM may pull criminal record for every Applicant. WPM reserves the right to deny any Applicant based on
criminal record.
*Rental History may be verified. If Applicant has current or prior rental history, WPM requires contact
information so that we may verify payment history and tenancy.
3481
-
A S. Evans Street Greenville, NC 27834
Phone 252
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756
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6209
Fax 252
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756
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0437
*WPM charges a non-refundable Application Fee per Applicant.
*WPM charges a non-refundable Lease Signing Fee/Doc Signing Fee per Lease.
WPM reserves the right to Approve/Deny any Application based on the discretion of Management.
Applicant understands that the Application is preliminary only and involves no obligation of the owner or its
Agent to approve Application or to deliver occupancy of the proposed premises. If Application is accepted, the
security deposit will be applied to the lease and damages agreement and Applicant forfeits all claims to the
security deposit as liquidated damages if Applicant cancels after acceptance. Applicant assures all information
submitted by Applicant is true and accurate.
By submitting the Application, Applicant understands and gives permission to Wainright Property
Management, LLC the right to verify by phone/fax/email or other means any information listed including but
not limited to rental/employment verification.
Credit will be verified by a credit report and Applicant authorizes such verification by submitting an
Application.
Criminal record will be verified by a criminal record report and Applicant authorizes such verification by
submitting an Application.
In addition, Applicant agrees to pay a reasonable non-refundable fee for said application process, including but
not limited to credit/criminal record report(s).
O:\Sandra\Website\Documents\Policy Statement for Accepting Applications 5/19/2021