Scroll down to review the categorized application screening criteria.
2. Submit Application Information
Securely enter your personal information, rental history, and pay fees all through our online submission process.
3. Verify Your Income
Connect your financial institution to automatically verify your income OR submit proof of income.
4. Additional Applicants
Each person over 18 years old must complete an application. You may also have co-signers apply.
5. Receive Approval
Receive approval or denial of your application within 3-5 business days of a completed application.
6. Make it Yours
Once your application is approved and a security deposit is received we will remove your home from the market.
Before Getting Started...
All Applications must be complete with proof of gross (before tax) income for 6 months and proof of rental history before processing will begin. If supporting documents are not received within 72 hours your application will be cancelled an you will have to re-apply.
All complete applications will be processed on a first come first processed basis.
We aim to process received applications within 3-5 business days.
You will be contacted via email as soon as a decision has been determined.
Disapproved applications will be emailed an adverse action letter explaining why the application was denied.
The applicant agrees that all documents necessary for processing must be submitted when applying. Incomplete applications will be cancelled after three days. Any attempt to submit false information will result in automatic denial without exception.
Each person over 18 years of age must complete a separate application. Children under the age of 18 must be listed on the application only.
A rental home is removed from the market when we have an approved application with a security deposit paid with certified funds or online payment (subject to a clearing period).
In the event of multiple approved applicants on the same unit, we will allow 24 hours per approved applicant in the order in which the complete applications were received.
Gross combined household monthly income for all leaseholders must be verifiable and a minimum of 3 times the monthly rent for at least the last 6 months.
Must submit at least 1 full month's worth of paycheck stubs or utilize our built in income verification tool that links to you financial institution during the application process.
At least 2 Years of Good rental history.
Housing references must be verifiable; family members and friends are not considered acceptable references.
Unsuccessful rental history includes, but is not limited to: evictions, disturbances, unauthorized pets, pattern of late payments, damage to the residence or any money owed to past landlord. If you do not have any successful rental history, a cosigner may be required to guarantee the financial obligations of the lease.
No evictions within the past 2 years with positive rental history since the eviction.
No owed balances to prior landlords or property management companies.
Credit scores of 620 and above will pass credit approval.
Credit scores between 550-619 or "no credit score" will pass credit approval with positive rental history and an approved co-signer and/or increased security deposit (up to no more than 1.5x) to guarantee the financial obligations of the lease.
Credit scores of 549 and below will receive an automatic denial.
If “no credit score”, a positive rental history may be used instead but the applicant would still have to meet the other criteria.
No more than 2 accounts in collections (student loans and medical bills will be disregarded).
Bankruptcies must be dismissed and have 1 year of good credit history.
All utility accounts must be current for gas, electric and water.
Cosigners must prove gross monthly income of 5 times the monthly rent.
Instate cosigners must have a minimum 650 Credit Score, out-of-state cosigners must have a minimum Credit Score of 700.
The cosigner must be over the age of 18 and not living in the apartment you are applying for.
The cosigner must complete a separate application. We will be running their credit report as well to verify their credit history.
Compass reviews criminal history per HUD criminal screening guidelines. Compass does not allow any occupants with criminal history that indicates a demonstrable risk to resident safety and/or property. This includes felony offenses within the past 5 years, repeat felony convictions, or misdemeanor offenses within the past 2 years in relation to any of the following categories:
Any applicant found in OFAC/terrorist database records will be automatically disqualified.
Vouchers / Section 8
Vouchers are accepted on specific properties. Under the "Amenities" section of the vacancy advertisement, it will denote "Accepting HCVs" or "Accepting Housing Choice Vouchers". If it is not stated in the vacancy advertisement, that property is not accepting vouchers at the time of listing.
Must be paid with money order, cashier’s check or online payment (subject to a clearing period). If application is approved, and applicant secures the property, the property is removed from the market and made unavailable to other applicants.
The security deposit will not be refunded if the applicant chooses not to sign a one-year lease. No property will be held more than 30 days off the market.
Fees are non-refundable. Below are the most common fees but they may vary in rare cases by property.
$50 application fee is per applicant.
$100 lease administration fee is due at time of move-in and is a one-time, non-refundable fee.
$250 pet application fee (where applicable).
Compass Property Management would love to accommodate pets and animals to meet our residents' needs whenever possible (per property basis). Please make sure the property in which you are interested accepts pets and to review our full pet requirements.
Compass requires each resident to complete a pet screening risk assessment profile for each of their pets which will provide us with a “FIDO Score”. Any and all pet fees and rent will be determined based on the risk profile of each pet.
To comply with the various property insurance policies, Compass has no choice but to enact a restricted breed policy.
A comprehensive view of our pet policy can be seen at https://compass101.petscreening.com/
Property Specific Criteria:
This criteria is subject to additional provisions on specific rental units not managed by Compass Property Management. Any and all additional screening criteria will be listed in the vacancy advertisement.
Some criteria may be different on a per property basis. Any additional specifications will be indicated in the marketing documentation and/or lease of the properties listed below:
Sutter's Mill Townhomes
Sutter's Mill Townhomes
Sailor's Cove Townhomes
We have used Compass Property Management for many years. We have always been pleased with their management of our units. They respond quickly to all our requests or questions and the concerns of our tenants. They take care of needed repairs promptly and are often under budget. We highly recommend them.