Only fully completed applications will be considered for approval. A non-refundable $60 application fee is required for each applicant, including co-applicants and co-signers. Incomplete applications after 24 hours will be disqualified.
Fox Property Management requires every occupant 18 and older to submit an individual application and pay the non-refundable fee.
Group Applications:
If applying as a group, all applications must be submitted within two (2) hours on the same day to be processed together. Every applicant 18 and older must complete an individual application. The first applicant in the group should invite co-applicants through the designated section of the application. If a member of your group has already started an application, please have them send you an invitation before proceeding. Applications will remain incomplete until all required applicants have submitted their information.
Rental Applications Requirements:
Applications are evaluated based on rental history, income, credit score, eviction history, and criminal record. If an application does not meet the minimum qualifications for approval, an additional security deposit or a co-signer may be required.
Once Approved:
If approved for the property, the applicant(s) must sign the lease within 24 hours from the time the lease is sent to you online.
-For homes listed as 'Now' (vacant), they are ready to move in and can be held for up to two weeks after the application is submitted, or sooner.
-For homes listed as 'Available' (future), they will be ready on the posted move-in date with no extra hold time.
Income Requirement - At least 2x the rental rate
Applicants must provide proof of income during the application process.
Standard Income Verification
Two (2) copies of the most recent paycheck stubs or bank statements.
New Employment Verification
A signed job offer letter stating the start date and salary on company letterhead.
Self Employeed Verification
Income may be verified with the previous year's tax returns and or other verifiable income sources, such as investment income or other passive income.
Retired/Unemployeed Verfications
Retired or unemployed applicants must list their name and personal contact information under "Current Employer." Applicants must provide proof of income through bank statements, Social Security benefits, pension or retirement statements, unemployment benefits, or other verifiable income sources, such as investment income or other passive income.
Other
Income from private or public sources will be considered, including federal, state, or local rental assistance programs such as Section 8 housing choice vouchers and temporary rental assistance.
Additional pay stubs or bank statements may be requested as part of the verification process.
Credit score of 680 or above
Credit scores will be reviewed using data from Experian and verified through AppFolio, a third-party verification service. The credit screening will assess factors such as payment history, types of accounts, outstanding debt, and account age. For applicant groups, the overall household credit evaluation will be combined.
Approval
680 or higher, provided all other requirements, such as income and rental history, are met.
Conditional Approval
500-679, with a double (2x) security deposit required, provided all other requirements, such as income and rental history, are met.
Denial
499 or lower.
Please ensure that any restrictions on your Experian account are released before submitting your application. Additional screenings may incur extra fees.
Rental History
At least 6 months of verifiable rental and/or payment history within the last 2 years from a landlord, apartment community, or mortgage company. References from friends or family members will not be considered.
It is the applicant's responsibility to provide a valid email address for their most recent landlords. The landlords will receive an online questionnaire about the applicant's rental history via email. Verbal references will not be accepted. Landlord verification is required to complete the application, and missing information may result in conditional approval or denial.
Approval
Landlord reference with no more than one (1) late payment or returned check within the past 2 years of the application date, provided all other requirements, such as income and credit, are met.
Conditional Approval
Landlord reference (no more than two to three (2-3) late payments, returned checks, or no rental history or verifiable homeownership within two (2) years of the date of application) with a double (2x) security deposit, provided all other requirements, such as income and credit, are met.
Denial
Landlord reference (four (4) or more late payments, returned checks, money owed, lease violations within two (2) years, or evictions within the previous two (2) years from the date of application.)
The Rental Application Fairness Act further states that a landlord using rental history or credit history in consideration of an application shall not consider any rental history or credit history seven (7) years immediately preceding the date of the application.
Homeowners
List your name and contact information under "Landlord Information." Your homeownership will be verified through public records.
If an applicant is approved with conditions, our team will notify the tenant(s) if a co-signer is required. Co-signers are permitted only for applicants with insufficient income and may not be used to offset poor credit or rental history. Each property may have one co-signer, and they are financially responsible for all tenants on the lease. Co-signers must meet all Fox Property Management rental criteria and pay a non-refundable $60 application fee.
If an application is denied per our rental criteria, a co-signer will NOT be considered.
Every property has its own pet policy dependent on the criteria set by the owner of the property, governing HOA and/or City and county ordinances. Please verify the pet policy for the specific property prior to applying. You can do so by reviewing the marketing ad.
If a property accepts pets, the following conditions may apply
In an effort to be as transparent as possible, please see below listed initial fees and recurring monthly fees residents are required to pay:
Initial One-Time Payments
Initial One-Time Fees (due on or before lease commencement)
Monthly Payments
Other fees may apply according to your lease, such as monthly utilities.
Automatic Denials
An applicant will automatically be denied for the following reasons:
Convictions
Rental applicants who have pleaded guilty or no contest to one or more criminal offenses involving violence, sexual offenses, drug-related activity, or injury to a person or property—comprising, without limitation, homicide, battery, assault, sexual assault, possession or sale of illegal substances, burglary, theft, illegal possession, or sale of weapons—within five years of the application date will not be considered. Additionally, registered sex offenders are ineligible.
Disclaimer: The landlord shall not consider an arrest record of a prospective tenant from any time or any conviction of a prospective tenant occurring more than five years before the date of the application. Excepted from this limitation are specific activities including criminal conviction relating to certain offenses involving methamphetamine, any felony offense that required the prospective tenant to register as a sex offender or any offense classified as a homicide.
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Fox Property Management
Per HB23-1099, a prospective tenant has the right to provide the landlord a portable tenant screening report, as defined in section 38-12-902(2.5), Colorado Revised Statutes; and if a prospective tenant provides the landlord with a portable tenant screening report, the landlord is prohibited from charging the prospective tenant a rental application fee; or charging the prospective tenant a fee for the landlord to access or use the portable tenant screening report. The portable tenant screening report must be provided to the landlord directly by the consumer reporting agency and can be no more than 30 days old.