Applicants

How To Apply

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Please Review The Important Information Below Before Applying:

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Frequently Asked Questions- Applicants

What is your rental application process?

We perform a credit check, criminal background check, previous rental history verification (this must be verifiable by a third party; family & friends are not an acceptable form of rental history verification), and income verification (1 full month of pay stubs must be provided or employment offer letter).

What qualifications do I have to meet to be approved?

In general an applicant must have recent and positive credit history, make 3 times the monthly rent in income (gross income) on a monthly basis, rental history must be good (monthly payments made on time, lease fulfilled, no damages to the home) and verifiable by a third party, and criminal background check must be clear of felonies. Any criminal charges reporting within the last ~10 years will be considered based upon the type, severity, frequency, and outcome of charges. Rental debt of any kind, an eviction within the last 3 years, bankruptcy or foreclosure within the last 1 year, or an auto loan charge off/repossession within the last 2 years will all be considered reasons for automatic denial of rental application.

What credit score do we require?

We do not base approval on a credit score. We look at individual accounts on your credit and the payment history on those accounts.

Are Co-signers allowed?

Co-signers are allowed on a case-by-case basis.

If I have a Bankruptcy or Foreclosure, can I still get approved?

For a Chapter 13 Bankruptcy, an applicant must be at least 12 months into Chapter 13 payments. For a Chapter 7 Bankruptcy, an applicant must be discharged from the bankruptcy for a period of at least 6 months. 
If an applicant has a Foreclosure or is currently going through a foreclosure, their approval will be based off of any rental history they may have, other accounts on their credit report, income, and how long they owned the home that was foreclosed.
A bankruptcy or foreclosure filing within the last 1 year is considered a reason for automatic denial of an application.

Is there an Application Fee?

Yes. $60.00 per application. ALL adults (19 years and older) that will be living in the home must fill out a separate application. Applications can be submitted as a group.

Will an application secure the home for which I am applying for?

No. An application will not secure a home for you. The security deposit (typically equal to one month's rent) is the ONLY thing that secures a home. The security deposit can be paid at any time and will hold the home for up to 10 days before you move in.

How do I secure a home that I am interested in renting?

An applicant can secure a home that they are interested in renting by paying the security deposit on the home. ALL security deposits will be accepted on a first come, first serve basis for any/all properties listed on our Vacancies page (the first come, first serve policy still applies to homes listed as "Coming Soon"). The security deposit is typically equal to one month's rent. Acceptable forms of payment for security deposits are as follows: certified cashier's check, money order, personal check, or credit and debit card payments. Cash is NOT an acceptable form of payment for security deposits. Any adult that is going to live in the home must apply by midnight of the same day the security deposit is paid. If applications are not submitted, then the home will go back on the market and the security deposit will be placed on hold. If ARM does not have the required documentation to complete the application process within 24 hours, then the application will be placed on hold and the home will go back on the market.

Is my Security Deposit refundable?
The Security Deposit is refundable at the end of your lease term if you move in within the 10 day time frame and fulfill your lease agreement. *If the security deposit is submitted with your rental application and your rental application is denied, the security deposit is refunded to you.*

How long does my Security Deposit secure the home?

Once the Security Deposit is paid you have 10 days to take possession (move into the home). If possession of the home is not taken within 10 days of submitting the Security Deposit, the Security Deposit is forfeited and the home is placed back on the rental market. 

If I cancel my move in after I have paid my security deposit do I get my security deposit back?

There is a 24 hour cancellation period from the date you submit your security deposit. If you cancel your deposit within the 24 hour cancellation period, then your security deposit will be refunded to you. If you cancel after the 24 hour cancellation period, then your security deposit becomes nonrefundable.

Is there a Pet Fee or Pet Rent?

Yes. Pet policy is property specific. Please check the property listing on our website or call our office for specific pet restrictions (if any) for your desired rental home. Please let your agent know how many pets you have and the breed (if known) so that our team can make accommodations accordingly.

General Alabama Rental Managers pet policy requires a standard non-refundable $300.00 pet fee due upon move in. This pet fee may change due to the number and/or size of pet(s) that you have. Puppies under 1 year of age require an additional refundable pet deposit of $200.00 due upon move in. Monthly pet rent will be charged based on the weight of your pet(s). If you have more than 1 pet, then your monthly pet rent will be charged based on the largest pet. Pet rent by weight: 1-40lbs = $25.00/month; 41lbs or greater = $50.00/month. If you have more than 2 pets, then we will request owner approval for the additional pets.
Service animals or ESA animals require additional application screening via PetScreening.com. Restricted breeds include pit bulls, rottweilers, chows, staffordshire terriers, beaucerons, caucasian mountain dogs, wolf hybrids, or any mixed breeds containing these breeds. These breeds will not be allowed in any Alabama Rental Managers property. 

Who has to sign the lease agreement?

ALL adults (19 years and older) that will be living in the home must sign the lease agreement. No exceptions.

How long of a lease do I have to sign? And, what is included in move-in funds required on the lease start date?

A typical lease agreement is 13 months. Longer and shorter lease terms can be negotiated. Please let your agent know if you are interested in a longer or shorter term lease so that our team can make accommodations accordingly.
Move-in funds will include all prorated charges (rent, pet rent, any utilities billed by ARM, property specific charges, etc.) for the month that you move into the property, $300.00 pet fee and $200.00 pet deposit (if applicable), a Lease Processing Fee of $199.00, and any property specific fees. If you move into your new rental home on the 20th day of the month or after, then you will also pay the following month's rent/charges as a part of move-in funds. 
Move-in funds must be paid in certified funds (money orders or cashier's check) OR via credit card on your Resident Portal. Cash, personal checks, and ACH payments are NOT an acceptable form of payment.

About Us

2084 Valleydale Road
Birmingham, AL 35244
T:205-824-5008
F:205-824-5084
E: contactus@armrents.com

Interested in leasing one of our rental properties? Call us today at 205-824-5008!

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