Crowne at 501 APARTMENTS, ITS OWNERS AND EMPLOYEES ADHERE TO FAIR HOUSING LAWS AND WILL NOT DISCRIMINATE AGAINST ANY PERSON ON THE BASIS OF RACE, COLOR, RELIGION, SEX, NATIONAL ORIGIN, DISABILITY OR FAMILIAL STATUS.

QUALIFICATION FACTORS:

1) AGE - The age requirement for military personnel is 18. All other applicants must be at least 19 years of age

2) INSURANCE - As a condition of our Lease, all Residents are required to maintain a Resident liability or property damage insurance policy in the amount of $300,000.00

3) INCOME VERIFICATION - Proof of verifiable income must be submitted by the Applicant(s). Monthly gross income must equal or exceed three (3) times the monthly rent. Acceptable forms of verification are:

- Recent pay stubs showing year-to-date earnings
- Recent bank statements
- An offer letter from an employer
- I-20 or Affidavit of Financial Support
- W-2 form

*Please note that Crowne at 501 uses a two-step income and employment verification process

(a) Copies of financial documents must be provided to the leasing office for initial income verification

(b) Financial and employment information must be verified electronically through email link sent from ARGYLE and/or NOVA

4) COMPLETED RENTAL APPLICATION - If an Applicant does not have a social security number, the following documents must be provided by the Applicant:

- Valid government-issued ID
- Current Visa
- An acceptance letter from a school or university, if you are a student

5) Crowne at 501 Apartments evaluates each person applying to live at its community with a credit-risk scoring system that is provided by an independent consumer reporting agency and consistently applied to all of Crowne at 501 Apartments’ Applicants. This scoring system uses a statistical model to estimate the credit risk that an Applicant may not satisfactorily fulfill their Lease obligations. The statistical model was developed from data regarding actual residents and their payment performance of their Lease obligations. Prior to final acceptance of each Applicant, Crowne at 501 Apartments will use this system to provide Crowne at 501 Apartments with a numerical score that represents a relative measure of the credit risk associated with that Applicant. Each Applicant’s credit-risk score will be compared to Crowne at 501 Apartments’ acceptance policies to determine whether or not the Applicant may be accepted. If your application is rejected based on your credit-risk score, or accepted with certain additional conditions, you will be advised what factors most adversely affected your score and you will be given the name, address, and telephone number of the consumer reporting agency that provided the credit-risk score to Crowne at 501 Apartments. An Applicant who is rejected based on their credit-risk score, or accepted with certain additional conditions, may obtain a copy of the consumer report(s) on which the credit-risk score was based, and may initiate an investigation to have any erroneous information contained in such reports corrected. The consumer reporting agency will advise an Applicant of the actions that the Applicant may take in order to do so.

Crowne at 501 Apartments will not accept an Applicant who has a rental history of skips, excessive damages, or evictions. If any of the above criteria cannot be met or verified, Crowne at 501 Apartments retains the option of requiring an Applicant to pay an additional deposit or to use a guarantor.

If an Applicant cancels their application within 72 hours or their application is denied, it can take up to 10 business days for any deposit refund to process.