Applicant Criteria
To qualify for an apartment with 40 Free, you must meet the following criteria:
INCOME: Your verifiable gross monthly income should be at least two and a half times the monthly rent. If you don’t meet our income criteria, you may need to provide a qualified guarantor. Please see below for guarantor criteria.
RENTAL HISTORY: Negative rental history, such as a past eviction, owing a previous landlord money, or being sued by a prior landlord will result in your application being declined.
CREDIT HISTORY/BACKGROUND CHECK: We use a software system that runs a credit and criminal background check on every person over the age of 18 residing in our apartments. If a felony of any kind or a criminal charge/misdemeanor involving dishonesty or violence is found in your background check, or if you are on a sex offender registry, your application will be denied.
If applicant doesn’t have a Social Security Number:
- Verification of credit score in your country or origin. Please have your bank institute from your country of origin send verification of your credit score directly to sara@jbbrown.com or fax 207-774-0898. We will determine the strength of your credit score based on your country of origin’s credit range.
- Verification of one of the following:
- Certificate of Eligibility for Exchange Visitor Status DS2019 and Visa and/or Passport – mush show work placement and/or offer agreement
- Certificate of Eligibility for Nonimmigrant (Student) I-20 and Visa and/or Passport – must show income for school costs and housing
GUARANTOR REQUIREMENTS: If you do not meet the income, rental or credit history criteria mentioned above, you may still qualify for an apartment by having a third party guarantee your lease. A qualified guarantor must have a social security number and verifiable income of at least four times the monthly rent.