Tenant FAQs

Typically, only first month’s rent is due and security deposit is due prior to move-in.

In general, all applicants must meet the following requirements to qualify:

Income:

• The household income should be calculated at 75% of the gross income, then multiplied by 52 to determine the annual net income. example: If the gross weekly income is $1,000, the net annual income would be $1,000 x 0.75 x 52 = $39,000.
• Applicants must provide substantial liquid assets proof if derived from the sale of a home or settlement.
• Two written income verifications are required for biweekly payments, or four if paid weekly.
• Newly hired individuals must provide an offer letter stating income and position.
• Self-employed individuals need to present the last two years’ tax returns.
• Government assistance recipients must qualify for the portion of rent they are responsible for.

Debt:

• Total debt must not exceed 36% of the annual household income.

Credit History:

• A satisfactory credit history is required, with a minimum credit score of 620.
• Credit reports will be pulled for every occupant aged 18 and over; outside credit reports are not accepted.
• The credit report should have no defaults, consistent late payments, outstanding judgments, or collection items.
• Consideration for challenged credit will only occur after a 60-day listing period and if the owner agreed to offer the property at a reduced credit rating at the time of listing.
• If the applicant owns property, qualification will be based on the mortgage cost plus the rent for total debt to income qualification.
• A minimum of 3 trade lines is required on the credit report.

Rental History:

• A minimum of 12 months of satisfactory rental history with no late payments is required.
• Prime Resource Realty and Property Management will conduct a nationwide check of Landlord/Tenant Court records.

Employment Verification:

• Employment will be verified to ensure stability and ability to pay rent. 

Criminal Background Investigation:

• A criminal background check will be conducted for all applicants.

Co-signers:

• Co-signers are not permitted under these rental qualification guidelines.

Unfortunately, we cannot hold a place for you before you apply. Our properties are available on a first-qualified, first-accepted basis, meaning that we accept applications and lease agreements in the order they are received. We encourage you to submit your application as soon as possible to secure your spot.

You must be at least 18 years of age to apply for a rental property with us. This is in accordance with the local laws and regulations regarding tenancy agreements.

Yes, the deposit is refundable, provided that you fulfill the terms and conditions of your lease agreement and leave the property in good condition when you move out. Please note that any damages or unpaid rent or bills will be deducted from the deposit before it is refunded.

We do not accept co signers. All applicants must qualify for the rental property on their own merit based on their creditworthiness, rental history, and income.

Exciting! To apply for the property, simple visit our website at www.primerpminc.com and follow these steps:

• Click on the ‘Properties’ tab
• Select the property you’re interested in
• Click “Apply Here’ tab
• Fill out the online application form
• Submit the required documents and information
• Our team will review your application and contact you shortly

If you have any questions or need assistance, feel free to contact us directly. We look forward to processing your application!

You have multiple options to pay your rent conveniently:

• Online portal: Pay rent online through our secure portal
• Drop off: Visit our office to drop off a money order or cashier’s check
• Mail-in: Send a money order or cashier’s check to our office address

Please note that we do not accept personal checks. Ensure timely payment to avoid late fees. 

Most of our properties are not pet friendly. Please contact the office for more information.

If you're still under the lease, you will remain responsible for the lease terms until it expires. Once the lease ends, all remaining tenants, including your roommate, will need to re-qualify in order to stay on the property

• Review your lease agreement: Check your lease to see if it has a clause for roommate changes or early termination.
• Notify us in writing: Submit a written notice to our office, stating your intention to move out and the date you plan to vacate
• Find a replacement roommate (if approved but the office): Help find a qualified replacement roommate to take over your share of the lease
• Discuss with your roommate: Have an open conversation  with your roommate about your decision and come to a mutual understanding.
• Contact our office: We’ll guide you through the process and address any questions or concerns you may have

To move out at the lease expiration, submit a written notice on the 1st of the month, 30-90 days prior to the expiration date. Check your lease for the specific timeframe or contact our office for guidance.

The owner typically pays for repairs, unless caused by tenant damage. Tenants must submit maintenance requests through their online portal, except in emergencies.