Volair Wesmont Application Criteria

Application Fee: $100.00 per applicant. (Non-refundable)

Non-refundable Holding Fee: Is applied to your first month’s rent. The holding fee must be paid to reserve the apartment and is non-refundable

Once your application has been approved, you will need to provide the following in order to reserve the apartment:

1. Payment of your security deposit equal to 1 or 1.5 months’ rent subject to approval.
2. Proof of Renters Insurance that complies with the requirements in the lease.
3. PSEG Account number. Electricity must be switched to your name on the day of your lease start date.

Income:  Each occupant over the age of 18 must complete an application and demonstrate a verifiable income. Applicants must have a verifiable monthly income of at least 2.5 times the monthly rent.

Combined Income:  Applicants’ combined income will be considered if each applicant earns at least 60% of the required qualifying rent.

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

1. Unpaid liens, judgments, or similar issues.
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 to assess each applicant’s risk regarding their ability to pay 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 Volair Wesmont.

Rental History:  Applicants must demonstrate at least two years of rental or ownership history, if applicable. A history of poor payment records, 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 4 times the qualifying rent.

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 on each type of apartment. Studio and One bedroom – 2 occupants, two bedrooms – 4 occupants, and three bedrooms – 6 occupants. 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 (W2, Four weeks of pay stubs, letter of employment from current employer stating earnings. Download here: Employee Verification)
4. Landlord Verification (Download here: Landlord Verification)
5. Completed Application with all supporting documentation.

Reserved Parking: $95/month

Motorcycle Parking: $65/month

Garage Parking: $95-$170/month

Storage Available: $25-$150/month

Amenity Fee: $50/month

Technology Connect: $65/month mandatory internet service per resident

Late Fee: $75 for payments after the 5th

NSF Fee: $35

Pet Policy: Cats and Dogs Welcome. $500 non-refundable pet fee per apartment and $55/monthly pet rent (Restrictions Apply – see policy)