Applicants

Minimum Qualifications for Applicants

The Colorado Springs Group, Inc. is a dedicated fair housing provider and will assist all persons without regard to race, color, national origin, religion, sex, familial status, handicap (disability), ancestry, marital status, creed, sexual orientation, or any other protected class as defined by state and federal housing laws.
Applicant must make a minimum of 2 times the amount of rent as based on their gross monthly income. Life Insurance, Alimony, Child Support, Military retirement, Social Security, and Disability are acceptable. *INCOME THAT WILL CEASE WHEN YOU RELOCATE WILL NOT BE COUNTED AS INCOME.
All occupants over the age of 18 must submit an application and pay the application fee.
Must have a minimum of 2 years at current employer, or 3 years in the same field of work.
Each applicant must have a credit score of 700 or higher. We do not average scores.
Must have at least 3 years of good/on-time rental history or mortgage payments.
Applicants must have a checking and/or savings account. Rent payments online from a bank account will be required.
Applicant must not be a registered sex offender.
Applicant must have no evictions pending, or evictions in the past 5 years.
Applicant must not have any negative rental references.
Applicant must be able to pay full security deposit and first month's rent in certified funds within 48 hours of approval.
Applicant must not owe monies to past landlords or utility companies.
Applicant must not have a bankruptcy of any type in the last 7 years.
Applicant must not have a bankruptcy in process (bankruptcy not discharged).
Applicant must not have violent or property or crime or fraud or sexual crimes within the past 5 years.
We will not combine income from more than 2 applicants in a group. If the combined income of any 2 people does not meet the income requirements, they will not be approved. We will not begin processing applications for a group until everyone in the group has applied and paid the application fees.

Applicant Disclosure

This property is managed by The Colorado Springs Group, Inc., a licensed Colorado Real Estate Broker, representing the interest of the property owner(s). However, there will be a $150.00 lease administration fee charged with second month's rent.

Applications are not processed on a first come, first served basis. All applications received will be processed concurrently, and from them we will select the best qualified candidate. Application fees are nonrefundable. If you turn in an incomplete application, it will not be processed until it is completed AND received with the applicable fee for each applicant. Turning in a completed application without paying the required application fees will result in the application not being processed.

Applicants desiring to live together as a single housekeeping unit may qualify for tenancy as a group, in which case the owner or agent has the right to immediately terminate the rental contract (lease) when any one member of that group vacates the property.

Applicant agrees that all credit information maintained by owner or agent may be given to any credit reporting service or other agencies authorized to obtain it. Applicant hereby certifies that the information given in this application is true and correct and that any false information given will be sufficient grounds for termination and eviction.

When processing an application, we check credit, background, employment/income, and landlord references. We reserve the right to decline an application if negative conditions are identified during the screening process.

Submitting an application will not hold a property for the applicant. Applications in process do not create a "hold" on the property. Please ensure information is accurate; references or employers not getting back to us can allow a competing application submitted after yours to be completely processed before yours.

If approved, the lease must be signed and all fees, deposits, and first month's rent must be paid with certified funds within 48 hours of notification of approval.

Probable Disqualifications Include:

Income below 2 times the rental rate
Credit score below 700
Negative or no rental references
The inability to pay the full security deposit up front
The inability to pay the full first month's rent up front
Evictions pending, or evictions in the last 5 years
Monies owed to past landlords or utility companies
Bankruptcy of any type within the last 7 years (includes Bankruptcy not discharged)
Violent crime and/or property crime in the last 5 years
False information on rental application

COLORADO HB23-1099 DISCLOSURE: PROSPECTIVE TENANTS HAVE THE RIGHT TO PROVIDE TO THE COLORADO SPRINGS GROUP A PORTABLE TENANT SCREENING REPORT, AS DEFINED IN SECTION 38-12-902 (2.5), COLORADO REVISED STATUTES; AND IF THE PROSPECTIVE TENANT PROVIDES THE COLORADO SPRINGS GROUP WITH A PORTABLE TENANT SCREENING REPORT, THE COLORADO SPRINGS GROUP IS PROHIBITED FROM: 1) CHARGING THE PROSPECTIVE TENANT A RENTAL APPLICATION FEE OR 2) CHARGING THE PROSPECTIVE TENANT A FEE FOR THE LANDLORD TO ACCESS OR USE THE PORTABLE TENANT SCREENING REPORT.

While The Colorado Springs Group does accept compliant portable screening reports as defined by HB23-1099, which would result in no application fee being required (or possibly an application fee refund), we do still require that all tenants complete our application.Additionally, you will be deemed qualified (or not) based on the screening information/data provided on our independently pulled report, not based on information/data on your portable report. Please note that bona fide and compliant portable reports MUST come directly from the consumer reporting agency.

Credit scores, adverse credit events and lack of credit will not be considered if an applicant receives a housing subsidy as defined by § 38-12-902(1.7), C.R.S.

Notice Regarding Government Assistance/Subsidies Inquiry:
In order to ensure that we comply with Colorado law, all applicants must disclose in writing if the receive any of the following:
*Supplemental Security Income.
*Social Security Disability Insurance under Title II of the Federal “Social Security Act”, 42 U.S.C. Sec. 401 et seq., as amended.
*Cash Assistance through the Colorado Works Program Created in Part 7 of Article 2 of Title 26.
*A housing subsidy whereby any or all of your rental payment would be paid by a public or private assistance, grant, or loan program.

The Probable Disqualifications list above represents some (not all) of the reasons an application might be declined.

Reasonable accommodations or modifications will be made in rules, policies, practices, property or services when such accommodations may be necessary to afford a person with a disability the equal opportunity to use and enjoy the property.

Thank you for considering a home managed by The Colorado Springs Group, Inc.