Fees & leasing steps. When can I move in?

Here's the steps after you get approved: 1. Submit the online application, ($45 application fee - paid online) 2. Pay the non refundable move-in fee of $425 after your application is approved. Once approved, you'll receive an email where you can pay the move-in fee online. After the move-in fee is paid the apartment is reserved for you. 3. Select your move in date. You can move in as short as a couple days, or as long as 30 days from the date you paid the move in fee. We'll prorate rent based on your move in date 4. Move in. On your move-in date, you'll sign the lease, pay first months rent, and get the keys to the apartment. WELCOME HOME! Total to move in: Application fee ($45); move in fee ($425); and first month rent. That's it. We don't collect any security deposit (except in rare special circumstances) and we don't collect any extra rent (e.g. last months rent).

Is A credit check done?

Yes.

What's The Requirements?

Here's the short answer: CREDIT:

1. A FICO score of 620 or higher from TransUnion, with 12 months or more of credit payment history, will get approved.
2. Sometimes we'll approve scores between 600 and 619, but any score below 600 will be denied, no matter how much money you make, or what the reasons are for a low score. No exceptions. Serious! That's harsh, but we want to be truthful and transparent.
3. We DO NOT accept co-signers, sorry.

Criminal, or eviction, or bankruptcy backgrounds

We can accept criminal (including felonies). We believe second chances matter. We can also accept evictions and bankruptcies. In any/all of these cases, the requirements are:

1. You (and any co-applicant) have a credit score of 620 or higher, with at least 12 months of credit history.
2. You meet the income requirements
3. Any bankruptcies must be discharged
4. Any eviction must be more than a year ago

What if I have a Section 8 Voucher?

We have many, happy, Section 8 residents in our properties. You still need to do the application, and you'll need to have a 600+ credit score to get approved.

What's the application fee?

The application fee is $45, which you'll pay with a debit or credit card on the application form. The fee is the same ($45) if you have only one adult occupant, or if you also have co-applicants. The application fee is NOT refundable.

How long does it take to find out if I'm Approved?

We can often get back with a decision in four hours or less, sometimes a bit longer, but usually no more than 24 hours. You'll receive a text message and an email with the approval decision.

Question that isn't answered above? Call us!

Give our office a call, we'd be happy to help! Phone: (630) 768-4055 Email: admin@rentrabbit.net

What documents will I need to submit?

1. Copies of your two most recent paystubs
2. Government issued photo ID (drivers license or State ID)
3. Copy of front page of your most recent 1040 tax return, or, most recent W2