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Applications & Rental Approval Process

Questions about our application and approval process? You’re in the right place!

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Tenant Applications & Rental Approvals

At Advantage Property Management, we recognize that searching for the ideal rental property can be both overwhelming and rewarding – Especially when you finally find the place that’s right for you.

That’s why we make every effort to make the approval process as smooth and transparent as possible. We want to ensure that you have all the necessary information to confidently begin your journey home. 

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Understanding the Approval Process

Application Submission

To begin the rental process, interested tenants must complete our rental application form and pay a $45 application fee. You can easily access this application on our website. Filling out the form completely and accurately is essential, as any incomplete or inaccurate information may delay the approval process. 

Credit & Background Checks

After we receive your application, our team will conduct a thorough credit and background check. This is an important step we take to evaluate your financial responsibility and rental history. You can trust that we handle your personal information with complete confidentiality and security. 

Income Verification

As a part of our approval process, we’ll verify your income to ensure that you meet the necessary financial requirements for the rental property. Typically, we require tenants to demonstrate a stable income that is at least three times the monthly rent. However, if you are earning less or have only been at your job for a short time and a co-signer is available, we will consider that while deciding your approval status. 

Rental History Review

We will review your rental history to ensure you don’t have any outstanding debts or evictions on your record. This review will also help us gain insight into your past tenancies, enabling us to evaluate your ability as a tenant to comply with lease agreements. 

Approval Notifications

The approval process usually takes 3-5 days. However, it can take up to 5-7 days in exceptional cases. Once your application has been evaluated, we will inform you promptly about its status. If your application is approved, we will provide you with all the necessary details, such as the lease agreement, move-in date, and any additional requirements you may need. 

Lease Signing & Move-In

Upon your arrival, you will be asked to sign the lease agreement and pay any necessary fees or deposits. We will work closely with you to schedule your move-in date and ensure a smooth transition into your new home. 

Head Home with Advantage

At Advantage Property Management, we understand that finding the perfect place to call home can be a daunting task. Our team is here to make the process as seamless as possible. We offer a wide range of properties, including apartments, townhouses, and houses.

Each property is carefully selected and well-maintained to ensure a comfortable and enjoyable living experience. Contact us today to begin your journey towards finding the home that best fits your needs and lifestyle. 

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Areas We Serve

Looking to invest, or find your new home? We provide property management services in Shelby County, Fayette County, and DeSoto County.