San Diego County Property Management (SDCPM) manages residential rental properties for numerous different owners throughout San Diego County.
Owners are given their choice of two different categories of rental criteria, GOLD or SILVER. The specific qualifying criteria for each category are listed below.
To determine which category of criteria applies to the property you are interested in, refer to the column on our VACANCY LIST marked "TYPE." The category of rental criteria for the property will indicate “G” (for GOLD), “S” (for SILVER)
7. Rent and terms of the rental are not negotiable. No smoking allowed anywhere. If you decide to apply for another
SDCPM vacancy and more than thirty days passed since you applied originally you will have to provide a new application
in full. Any documentation you provide us and any credit report we run from you may be shared with the property owner.
If we make any changes to our VACANCY LIST to the advertised rent and terms of the rental, these will apply
only to those applicants who apply after we made the changes.
8. Send us current governmental photo ID that matches the applicant for each adult applicant. If you are not able to get this ID due
to a disability, please provide a letter from your doctor that confirms why you are not able to get an ID. This is required before we can run
9. You do not need to see the property you want to rent, in order to apply, but if you do not see the property first
all the other policies in this document apply still and you will not be able to see the property before you move in.
10: The terms /conditions of a specific vacancy for rent may change without notice at any time, however, if you request,
we will use the terms that were in place at the time you applied
11: If you are under 18 you may be treated as an adult applicant if you provide proof you are in the military,married or
have a court order of emancipation
12:If renter's insurance is required for the property the apply to , then conditions at Rentersinsurance.sdcpm will apply
(A) INCOME/RENT RATIO:
(B) PROOF OF INCOME REQUIRED
Your monthly combined gross income must be at least as below. We use 50% of the verified cosigner income.You can have more than one cosigner if needed. If a cosigner is required to meet these criteria, the cosigners FICO score must be at least 525 . A personal guarantee is also required if the cosigner is a corporation/institution etc
PROPERTY TYPE INCOME/RENT RATIO
GOLD 2.75 x the monthly rent
SILVER 2.25 x the monthly rent
(C) LANDLORD REFERENCE
1: Enter your residence history including the name and phone # of your landlord, for the last 3 years. No landlord reference required if you are applying to rent a parking space only. If you are/were living in a hotel, you may include the landlord information too. If you are/were homeless write "homeless" and "NA" in the applicable fields. If you were provided free
accommodation (excluding from your friend or relative), for example by your employer, or an agency that helps those who have nowhere to live, enter that information too as your landlord. If your landlord is a resident manager of a property of
fewer than 16 units we will need to verify residence history with the property owner or property management company
2: You will be exempt from part /all of your landlord history requirement for periods where you can provide documentation that you were the property owner. Proof may include a copy of the property deed, mortgage statement showing the mailing address as that on the application, pages from Federal tax return showing that mortgage payments were deducted as because the applicant was an owner occupier, letter from an attorney, letter from real estate agent stating applicant was the property owner etc. If you cannot provide proof the application will be declined.
(i) Any individual's FICO score is below 700 AND
(ii) If for more than 50% of your combined rental history EITHER
A: Your landlord does not provide us the information we requested OR
B: You are/were living with a relative or friend or are the sub-tenant of the landlord OR
C: You are unable to provide us your landlord contact's information OR
THEN you will need to do either
a: GOLD PROPERTIES
Pay an additional security deposit equal to one month's rent AND: Provide a cosigner whose FICO score is over 700
(Cosigner not required if the gross income of all applicants and co-signers is over 10 times the monthly requested rent)
b: SILVER PROPERTIES
Pay an additional security deposit equal to one month's rent OR provide a cosigner whose FICO score is over 700
(This is not required if the applicant's gross income is over 10 times the monthly requested rent)
If none of the applicants or cosigners FICO score is over 700 then:
(i) Provide us a copy of any document showing the current address on their rental application in the name
(ii) Provide us SDGE ADDRESS VERIFICATION showing your current mailing address as stated on
4: Providing us a copy of the rental agreement is not sufficient for us to verify your landlord references. Any additional security deposit must be paid at the time the rental agreement is signed, however, if, within ten business days of signing the rental agreement we receive the required landlord references, we will credit your account 30 calendar days after you moved in for the amount of extra security deposit paid.
5:If addresses reported on your ID and/or proof of income or on your credit report do not match those on the application and you claim to have been living with a friend or relative, and we cannot verify that you were not living at these non-matching addresses , your application will be declined.
6: If your landlord claims to be the property owner, but we cannot verify this from title records we will treat the landlord as being your friend or relative. If the property owner lives outside the USA we will accept verification from a US attorney or US title company who confirms the landlord is the owner of the property
7: If your landlord is prohibited by law to answer some of our questions (Eg Family and Education Right and Privacy Act), no extra security deposit will be required.
8: You will need to pay an additional security deposit equal to 75% of the monthly rent if during the last three years :
A: For "Gold" properties you paid your rent late three or more times
B: For "Silver" you paid your rent late four or more times
9: If for Gold or Silver you were late over 15% of the time you total security deposit will be increased to the maximum amount allowed by law* plus get a cosigner whose Fico score is over 700. Any increased security deposit paid under this section will be refunded after 1 year of making rent payments on time for each month unless any other section of this policy required an extra security deposit. The same co-signer can be used if needed, to improve the average FICO score as well as to help qualify under this section.
10: Applicant may have no more than the following number of lease violations or complaints from neighbors, per year.
11: Applicant may not have caused more than the following amount of damages including cleaning (above ordinary wear and tear) to current or prior rental property. For Silver properties and the damage was less than $1,500 and more than
the limit below, an exception will be made if the tenant agrees to pay a security deposit of twice the rent plus waive any move in bonus.
(D) FICO/CREDIT SCORE/EVICTIONS
To qualify the average FICO score of all occupants and any cosigners must be at least as below
1: If you have no credit score or have no social security number then
A: You will be assigned a score of 575 AND
B: For Silver properties, you pay an additional security deposit of 70% of the monthly rent OR
Provide a cosigner with FICO over 700
C: For Gold properties your cosigner is over 725 AND you pay an additional security deposit of one month's rent
which will be credited back to you after 12 consecutive monthly on-time rent payments
2: If the average score of your co-applicants and co-signers is less than the applicable level above, you can still qualify if
A: If there is an option to have a lease of at least one year, then agree to pay 1 years rent and an additional
security deposit of one month's rent before move in. OR
B: If there is an option to have a lease of 6 -12 months and the average FICO score is over 600 then agree to pay 6 months rent
in advance and an additional security deposit of one month's rent before moves in OR
C: Gross income of all applicants and co-signers is over 10 times the monthly requested rent OR
D: For Silver properties, you pay an additional security deposit of 70% of the monthly rent OR
Provide a cosigner with FICO over 700 (not needed if a cosigner for 1B above) OR
E: For Gold properties, your cosigner is over 725 (not needed if a cosigner for 1C) AND you pay an additional security deposit
of one month's rent
You can have more than one cosigner if needed. The same cosigner can be used, if needed to improve the average FICO score as well as to help qualify under the "Landlord References " section above.
For existing tenants who are getting a new roommate, we will use the original credit score you gave us when you applied
and if we do not have this, we will assume a score of 575 but if this causes your application to be declined you may
pay $15 per adult and we will use your current Fico score.
If you don't know your credit score you can try to get it online eg at freecreditscore.com . If you apply with us we will still run our own credit/eviction report
Cosigners need to apply at apply.sdpcm.com , and will be required to pay the $35 nonrefundable application fee.They should
select "Co-signer" for the "application type" when prompted. There is no limit on the number of co-signers you may have.
(E) OCCUPANCY STANDARDS
PROPERTY TYPE MAXIMUM OCCUPANCY
If our occupancy standards below are met already, but the property is in the City of San Diego, if six or more adults want to rent together, a residential high occupancy permit must be approved before move in. The application fee costs $1,000 see PERMIT APPLICATION FORM )(Other jurisdictions in San Diego County may have their own permit requires which also must be abided by)
GOLD 2 persons per bedroom**, plus one additional person for the unit.
eg if there are 4 bedrooms, the maximum # of occupants is 4 times 2+ 1=9 people
SILVER 2 persons per bedroom**, plus two additional person for the unit.
** For studios (which have no separate bedroom) the maximum is 2 people
*Any extra security deposit required will not exceed the maximum allowed by law, (twice the monthly rent as of May 2013)
and is based on the monthly rent as stated on the vacancy list.It will be adjusted to be the maximum allowed by law.If the security deposit would have exceeded this maximum, any discount off the first month rent will be reduced by the amount of this excess and if it would have exceeded by more than the discounted value of the 1st-month rent, as a cosigner with FICO score over 750 will be required.
(F) CRIMINAL RECORD
You must not have been convicted of the manufacture or distribution of a controlled substance.
CONDITION OF UNIT
Some repairs/improvements may be done to the unit you wish to rent before you move in, but only those items we state on the vacancy list detailed page under "UPGRADE/REPAIR STATUS" plus any safety items needed are guaranteed to be done.If you wish to make your own improvements after you move in, let us know what you would like to be done. All improvements would be done at your expense, with no rent credit , and are subject to provide approval by landlord
AUTHORIZATION TO DISCLOSE
When you complete the application you authorize SDCPM to share any information you provide to any landlord or employer you provided on the application.SDCPM is also authorized to share this information with the owner of the property you are applying to in addition to any supporting documentation you later provided and the credit/eviction report we will run