Rental Policies, Apartment Rentals
Fees & Policies
Application Fee: $50/$10
Pets: Cats welcome! - One time Pet Fee of $200, then $15 per mo. per cat.
Security Deposit: $500 ($50 for Seniors)
Now offering 3, 6 and 9 month leases with a monthly premium (no up front fees)
3 month lease = $200/mo
6 month lease = $75/mo
9 month lease = $50/mo
Cambridge Partners, Inc. will not discriminate against any person based on race, religion, sex, color, familial status, national origin, or handicap.
The following are guidelines in which we will qualify your application for residency. All applicants must be 18 years or older. All occupants over 18 must complete a rental application.
Income: Applicant(s) must gross 3 times the amount of the monthly rent. Income must be legal and verifiable. Income may be combined for all applicants; however, each applicant must qualify individually for credit and rental history evaluations.
Credit: Credit screening is an objective, fact-based method that represents the degree of risk posed by a consumer who is seeking to undertake a financial obligation such as an apartment lease. Applicant may be approved, approved with additional deposit, or denied based on the parameters set by the community.
Rental History: Applicant must have a minimum of 6 months verifiable rental
history with a positive landlord reference. All prior landlords will be contacted for references. Application will not be approved under any circumstances with unfavorable rental history. Family will not be considered for a landlord reference. If applicant does not have rental history but has met all other criteria, including income and credit evaluation, the application will be approved.
Criminal History: If the applicant or any member of the applicant's household has ever been convicted of or pled guilty or "no contest" to a sexual offense or drug-related felony offense, or is listed on a registry of sexual offenders, the application will be rejected and/or lease will be terminated.
Co-signers: A co-signer may be accepted if the applicant does not meet the income requirement of 3 times the amount of the monthly rent. (Credit and landlord evaluation criteria must still be met). However, the co-signer and applicant combined must gross a minimum of 5 times the monthly rent. A co-signer will not be accepted if the application has been denied due to a poor credit evaluation or negative rental reference. All co-signers must qualify under the same guidelines including credit screening, rental history evaluation, and income evaluation. Co-signer will be considered a lease holder and will hold the same responsibilities of the rental contract along with the primary lease holder(s).
Identification: Cambridge Partners, Inc. will require all applicants to provide valid photo identification to verify the applicant's identity. As part of the evaluation process, a social security number fraud check will be conducted on every applicant. Any identity fraud suspected based on name, address, date of birth, or social security number will result in a denied application.