Tenant Qualifications

Peak Property Management conducts a thorough screening of prospective tenants. Applications are processed on a first-come, first-served basis. In order to be first in line, a fully completed application packet must be received by all joint applicants over the age of 18.  Incomplete applications will not be considered for approval.  

Tenant Qualification Guidelines:

• Credit score of 630 - please contact our office if your credit score is lower. We can often work with you.
• No prior evictions, judgements from previous landlords, or balances owed to past landlords.
• No bankruptcies within the past 5 years.
• Positive personal references.
• Clean background check - some felonies may be approved on a case-by-case basis.
• Minimum monthly income of at least 2.5 times the monthly rent - 3 times preferred - based on net pay (your take home pay).

Tenant Application Packet Materials:

• Application - 1 (one) per person over the age of 18. Please let us know if you are applying with someone so we can link your applications together.
• Proof of income for past 60 days - including commission or bonus pay, if applicable. An accepted job offer letter is acceptable if transferring jobs. Please contact our office if you are self-employed.
• Copy of driver's license or valid government-issued ID.
• $40 application processing fee per applicant (non-refundable once processed).

Additional documentation can be emailed to us at office@peakpmidaho.com

If you have an ESA, please note that on your application and have your documentation ready to submit. We use an independent third party to verify all ESA documents and this must be done at the same time the rest of your application is being processed.

All pets must be documented and registered with an independent third party as well. This is a requirement for all our pet friendly properties.

*We must have all of the above documents from ALL applicants applying together in order for it to be a complete application. 

• A one-time courtesy email will be sent to an applicant asking if they are applying with anyone else over the age of 18 and asking for any additional documentation that may be needed. If we are asking for additional documents, this means your application is not complete and you are not currently first in line for the property you applied for. 
• We must have all the required documents from ALL applicants for it to be a complete application. Please respond to our email within 24 hours with the requested information otherwise we will move on to the next applicant.

*We do not process application fees until actively working on your application. This means that if you are not first in line you will not be charged. Once we process your application fee it is non-refundable, even if you are not approved for a property.

*We aim for a 24-48 hour turnaround time for processing applications. However, it may take longer if you have not provided all your documentation or we are unable to contact your landlord and personal references.

Upon Approval

• You will receive an email outlining the next steps in the leasing process.
• You must respond within 24 hours letting us know if you will be proceeding with the leasing process for the property you were approved for.
• We must receive the holding fee within 3 days of your acceptance. The holding fee is non-refundable until your lease is signed. Once you sign the lease and receive keys, the holding fee is applied towards your security deposit.