We ask that you review our criteria for approval prior to filling out the rental application. 

**Please Note the following so we can verify how much money you make. If we cannot verify how much money you make or receive, please DO NOT waste your time and money by filling out an application. 

1) Your gross income must be a minimum of 3x the rental amount per month and you must provide your two MOST RECENT pay stubs.

2) You must upload your last paystub which must include your year to date income. The paystub must have your first and last name to prove your identity. Do not send a snapshot of online payments you receive that cannot prove your identity, as this is not sufficient to prove your identity. Do not send ANY other paystub, if it is not your latest paystub do not send it unless you started a new job - See #7 below if you started a new job and do not have a current pay stub. NO EXCEPTIONS.

3) If you receive a housing voucher, you must upload that document which must show YOUR APPROVED AMOUNT AND YOUR CONTRIBUTION AMOUNT. Make sure you take the picture and the information is NOT CUT OFF when you are taking the picture. If it is cut off, this will delay your approval by several days.

4) If you are paid ALL cash, you must upload your employer's phone number and two months bank statements or some form of income verification (you can block out the account number) so your income can be verified. If you fall into this category you will be required to provide TWO MONTHS security deposit PLUS first month's, if you were to qualify. NO EXCEPTIONS.

5) Each person 18 years or older who will be living in the home or co-signing must submit a separate application. This is because credit and criminal background checks are conducted for each individual. There is a $50 application fee that is non-refundable. Applications will not be processed until the fee is paid. The $50 fee is paid when you submit the online application. Co-signers and co-applicants, if required, will have to submit a separate application and pay a separate $50 fee. IF YOU CANNOT AFFORD TO PAY THE APPLICATION FEE, YOU AUTOMATICALLY DO NOT QUALIFY. PLEASE DO NOT EMAIL US ASKING IF THERE IS ANY WAY AROUND THE FEE.

6) If you receive disability or any other assistance, this must be uploaded to the application. The documentation must be current and display the amount of monthly money you are receiving. If you do not upload this you will delay your approval by several days.

7) If you receive tips, as additional income, you need to provide proof of this additional income.

8) If you have just started a new job, you must provide your most recent W2 and the last pay stub from your last job showing year to date income. Once you have received your first paycheck, you must submit that pay stub, before you can qualify for step 2, the credit and background check. 

9) Your credit score should be a minimum of 600. If you do not have credit due to not having credit cards or too few credit transactions, we will still consider you for the apartment, but a higher deposit may be required.

10) You must use your valid, common email address. We may eventually ask for your credit and background authorization which will require this email to be used. Do not use an email address that you do not use regularly. The email you provide would eventually be the email your lease would be sent to, so you must use your valid, common email. If you provide an inaccurate email address or your payment is declined, you will have to fill out a new application, as changes to your application are not possible.

After you have provided all of the required information and application fee(s), we will begin processing your application. The application process can take 3 to 5 business days depending on the timeliness of responses from current and previous landlords and current employers. 

If you have any questions concerning the criteria or application process, please contact a leasing consultant at 704-601-6290 or by email at leasing.cmpnc@gmail.com.

Note: Each person 18 years or older who will be living in the home or co-signing must submit a separate application. This is because credit and criminal background checks are conducted for each individual. There is a $50 application fee that is non-refundable. Applications will not be processed until the fee is paid. The $50 fee is paid when you submit the online application. Co-signers and co-applicants, if required, will have to submit a separate application and pay a separate $50 fee. 

After you have provided all of the required information and application fee(s), we will begin processing your application. The application process can take 3 to 5 business days depending on the timeliness of responses from current and previous landlords and current employers. 

RENTAL APPLICATION TERMS

**Due to the high demand for our apartments and homes, we encourage you to complete your application promptly, to ensure the order of your application. Applications are processed on a first completed basis. **

Welcome to CMP Property Management!

CMP Property Management is committed to providing Equal Housing Opportunity for all applicants and fully complying with the Federal Fair Housing Act. CMP Property Management does not discriminate against any person because of Race, Color, Religion, Sex, Handicap, Familial Status, National Origin or Age. Before you submit an application for rental, please take time to review the rental screening policy outlined below. All persons 18 years of age or older, not dependents, are required to complete separate rental applications.

PET POLICY

Acceptance of a pet requires individual property owner approval.

·       One Time Pet Fee of $150.00/ per pet (Non-Refundable).

·       Pet Rent of $25.00 for 1st pet, $40 for 2nd pet - to be paid monthly in addition to rent.

·       Most updated Vet Records.

·       Breed Restrictions apply with the following breeds not accepted: Rottweiler’s, Pit Bulls, Chows, German Shepherds, Doberman Pinchers, Presna Canarios or any mix of these breeds. This list is subject to change.

APPLICATION FEE

$50.00 per person 18 years of age or older (applicant and occupant).

The term “applicant” under this policy means the person or persons signing the lease as a “Tenant.” The term “occupant” in the policy means the person or persons authorized to live in the home under the Occupancy clause of the lease. (An example would be a college student who parents/guardian still claim the student as a Dependent on their taxes.)

·       APPLICATION FEES ARE NON-REFUNDABLE

·       APPLICATIONS ARE REVIEWED IN THE ORDER IN WHICH THEY ARE SUBMITTED AND ARE ON A “FIRST COME, FIRST SERVED” BASIS.

APPLICATION PROCESS

Application: Application Fees are paid online as part of the application submission process. Please allow 5 business days for processing of the application. Timing may vary depending on the timeliness of responses from previous landlords and current employers.

Deposit: The standard Security Deposit amount is equivalent to one months’ rent and payment MUST BE MADE IN THE FORM OF A MONEY ORDER OR CASHIER’S CHECK.

Payment of the Security Deposit and signing of the lease rental agreement are required within 24 hours of application approval for the home to be taken off the rental market.

Move-in should occur as soon as possible, with required move-in no later than 21 days from the date application is approved. If move-in does not occur within 21-days of application approval, the home is placed back on the rental market.
Cancellation of the lease will result in forfeiture of all of the deposits paid.

For the safety of our tenants and per our management agreement with the owner, all units will have the locks changed prior to the move in of a new tenant. If an approved applicant requests a move in date within three (3) business days of the notice of approval.

APPLICATION APPROVAL CRITERIA

Credit Report: A credit report is completed on all applicants with results factored into a credit scoring model. Examples of unfavorable accounts which could impact the overall credit score include, but are not limited to:

·       Unpaid Debt including repossessions, charge-offs or collections in an amount exceeding $500.00 in the past 3 years

·       Judgements within the last 7 years

Late payment history (no more than 3 late payments within the last year on credit cards or other loans, excluding Student loans and medical charges/collections)

·       Late payments or collections for two years from a bankruptcy file date if applicable

·       Eviction filings or evictions in the last 7 years

·       Applicants must have a minimum credit score of 600.

Income:

Applicants must have a minimum combined gross income (before taxes) of three (3) times the monthly rent amount.

·       Rent plus all long-term debt cannot exceed 50 percent of gross monthly incomes

Verification of income is required.  Please upload verification documents where indicated on the online application. Verification of income for self-employed, retired or unemployed applicants may include CPA prepared financial statements or copies of current and previous year tax returns filed with the IRS and two of the most current bank statements

Rental History:

·       Rental history should reflect no outstanding debt to any landlord or management company

·       Acceptable Rental Payment History (no more than 3 late payments for any 12-month period in the last 3 years)

Criminal Record:
A criminal background check is conducted on each applicant and occupant age 18 years or older. The application will be denied for criminal related reasons that have occurred within the timeline identified below prior to the application date. All records are evaluated from the date of disposition.
Offenses include, but are not limited to, the following:                                                                       

1. Crimes Against a Person (Homicide, Murder, Robbery, Assault, Battery, Kidnapping, Domestic Violence, Child Abuse, Spousal Abuse, Violating Order of Protection, Abandonment, Sexual Assault, Rape, Prostitution, Obscenity, Molestations, etc.)

Felony on file: Declined Regardless of Time Frame 

Misdemeanor on file: 10 years

2. Offenses Against Property (Theft, Vandalism, Arson, Embezzlement, Destruction of Property, etc.)

Felony on file: 10 Years 

Misdemeanor on file: 5 years

3. Offenses Involving Illegal Drugs (Possession of Drugs, Possession of Drug Paraphernalia, Possession of Drugs with Intent to Sell, Sale of Drugs, Drug Trafficking, etc.

Felony on file: Case by case basis 

Misdemeanor on file: 5 years

4. Offenses Involving Firearms (Possession of Firearm, Weapons, etc.)

Felony on file: Case by case basis 

Misdemeanor on file: 5 years

5. Offenses Involving Fraud (Bribery, Fraud, Forgery, Falsifying Documents, Passing Bad Checks, Misuse of Official Information, etc.)

Felony on file: Case by case basis

Misdemeanor on file: 7 Years

6. Deferred Adjudication and/or Adjudication Withheld

Felony on file: Approved if Off Probation / Parole for 5 years 

CO-SIGNERS

Co-signers are accepted for applicants who have no previous rental history or who do not meet the required income criteria outlined above.

·       Co-signers are screened the same as an “applicant” and must therefore meet all screening criteria

·       Co-signers are required to sign the rental agreement

·       Co-signers may be relatives or an employer; friends may not serve as a Co-signer.

In the event that an applicant has no credit, does not meet the income criteria, and/or where a co-signer cannot be obtained, CMP Property Management reserves the right to require a higher Security Deposit. In this case, the higher Security Deposit would not exceed an amount equal to two (2) times the monthly rental amount. Acceptance of higher Security Deposit would require individual owner approval.

PROPERTY DAMAGE LIABILITY INSURANCE COVERAGE

Property damage liability insurance coverage, including a minimum of $150,000 of liability coverage for perils of fire, smoke, explosion, water discharge, and sewer backup is a requirement of the lease.

If you have any questions or need additional information concerning how to submit an application, please feel free to contact a member of the 

CMP Property Management Leasing Team at 704-601-6290 or via email at leasing.cmpnc@gmail.com.

Should you have any questions concerning the request for required documentation for the application and/or status of your application, please contact a member of our leasing team at leasing.cmpnc@gmail.com.

Thank you.