Village On The Green Application Criteria

Application Fee: $75.00 for applicant. Please add $25.00 for each additional adult that will be living in the apartment.

• Once your application has been approved payment for your security deposit equal to 1 or 1 1/2 months rent will be due.
• First month’s rent is due upon move in.
• At lease signing you will need to provide proof of renters insurance that complies with the requirements in the lease.

Payments can be made with Money Order, Certified Check (payable to Village on the Green, LLC), credit card and debit card.

Income:Each occupant over the age of 18 is required to complete an application. Each applicant must demonstrate a verifiable income. The minimum monthly income requirements are as follows: Applicant must earn two and a half times the monthly rent.

Combined Income:The combined income of roommates will be considered, provided each applicant earns a minimum of 60% of the total qualifying income.

Credit:A credit history depicting any of the following may be grounds for denial:

1. Unpaid liens or judgments
2. Bankruptcy, unless applicant can provide verification that positive credit has been reestablished and maintained after three years of bankruptcy.
3. We use a statistically validated scoring model, which measures each applicants’ risk in terms of paying their monthly rent. The model takes into consideration many aspects of an applicant’s credit history and income to determine the amount of risk for that particular applicant. Management has set specific decision points within the models score range for Village on the Green.

Rental History:Applicant must demonstrate a minimum of two years rental or ownership history if applicable. History of a poor payment record, destructive or abusive behavior or poor housekeeping practices will be grounds for denial.

Co-signers:Co-signers will be considered only where income is deficient, not with credit or job defaults. Co-signers must qualify at 1.5 times the qualifying income.

Criminal:A criminal background check will be run on all conditionally approved applications in accordance with The New Jersey Fair Chance in Housing Act. Please refer to the “Criminal Background Check Disclosure Statement” portion of your application for the complete policy and criteria.

Occupancy:There is a maximum occupancy limit of two persons per bedroom. Violation of this regulation will result in eviction if not corrected immediately.

Every applicant will be required to submit the following documentation:

1. Copy of Photo Identification (for each applicant)
2. Copy of Social Security Card (for each applicant)
3. Proof of Income (30 days of pay stubs, bank statements or Employment Form –  Download here)
4. Verification of Landlord History Form (Download here)
5. Multiple Dwelling Reporting Rule Tenant Applicant Inquiry (Download here)

Lease Term: 12 – 16 months

Internal Transfer: $450.00 if during lease term. No charge if term is fulfilled. You may only up/down grade. No lateral transfers are permitted.

Pet Policy: No Pets Allowed (see pet policy)

Resident is responsible for personal electric.