RENTAL CRITERIA


Important: Please read this page BEFORE submitting an application. Application fees are non-refundable.

Oaktree Stone Properties proudly follows state and federal Fair Housing laws and welcomes people of every Race, Color, Religion, Sex, Handicap, Familial Status, or National Origin.

Application Guidelines

Supporting Documents

The following documentation is required for each applicant and should be attached to the online application. Photos or screenshots of the following must be legible to qualify.

  • A copy of your State or Federal issued photo identification
  • A US Social Security Number 
  • A copy of your most recent three consecutive pay stubs 
  • If foreign national, a copy of your passport or visa
  • If self-employed:
  • a copy of last years tax return (Form 1040)
  • any current quarterly tax estimates (1040ES)
  • personal W-2 or 1099 from recent year
  • 3 most recent corporate bank statements

Credit Requirements

To determine satisfactory creditworthiness, we obtain a credit report for each applicant.

  • Each applicant needs a credit score of 625 or above.
  • Credit scores ranging from 575 – 624 can be approved with a double deposit if there are no other disqualifying factors.
  • Any recent bankruptcies must be accompanied by discharge papers.
  • Any open collections, charge-offs, or judgments may result in an application being declined.

Income

The combined NET income of all financially responsible applicants must be equal to or greater than 3 times the monthly rent. 


You may upload your pay stubs or bank statements. We will only accept full PDF copies of statements. We do NOT accept screenshots or pictures. Please note this method may delay the verification process.

Residential History

  • We must have 2 years of verifiable residential history.
  • Applicants must not have any outstanding evictions or judgments.
  • Applicants must not be in default or owe outstanding rent to current or former landlords.
  • If the applicant is terminating their current lease early, they must provide an approval letter from the landlord.

Co-Signers

A qualified co-signer must live within 50 miles of Atlanta, have a minimum FICO score of 700, and debt-to-income ratio must not exceed 40%.

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