Before beginning your rental application, please note the following requirements and qualifications:

 

Application Process:

• Every adult 18 years of age or older, as well as any Cosigner, must fill out an application.

• Applicants must provide a copy of a valid form of government-issued identification (both sides), proof of income (i.e. pay stub or letter from employer verifying income and employment status), as well as a complete application.

• Property manager will not process any application without these items.

• There is no application fee at this time.

 

Credit, Rental, & Employment History:

• At least 75% of accounts must be in good standing order (excluding medical/student debt).

• Credit score over 550 required.

• Three (3) years valid verifiable rental history required.

• Three (3) months with current employer or previous employment within the same field required.

• *Final decision dependent on rental and credit history, and income.

 

Income Standards:

• Verifiable gross income must be equal to 2.5 times the monthly rent.

• If gross income is less than 2.5 times the rental amount, but more than 2.3 times, an increased security deposit may be requested.

• If gross income is less than 2.5 times the rental amount, but more than 2.3 times, a qualified cosigner may be requested.

 

Criminal Record:

• Any applicant posing a direct threat or harm to themselves, others, or the property will be denied.

• Criminal record information processed on a case-by-case basis.

 

Cosigner Qualification Criteria:

• One year of verifiable rental or mortgage history with no late payments.

• At least four (4) accounts in good standing order for one year with less than $500 in derogatory credit.

• Twelve (12) months with current employer.

• Verifiable gross income must be equal to 2.5 times the monthly rent.

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Disclosure of Pets:

• For select rentals, a limited number of approved pets may be allowed on the property. Permission is at the sole discretion of the property owner.

• Applicants are required to disclose ANY and ALL pets that might reside on the property.

• Only pets that have been approved before lease signing will be allowed on the property.

• Any pets obtained after the lease has been signed will be considered a violation of the lease agreement and may result in eviction. 

 

Follow-up:

• Upon approval, applicants will have the opportunity to sign a lease. 

• Security deposits are due within 48 hours of lease signing. 

• If your application is denied, you will be notified by the property manager.

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For any questions or to submit your application, email sheridanarearentals.wyo@gmail.com.

 

Thank you for choosing Sheridan Area Rentals Wyoming.