FAQ For Renters
We at the Home Rental Company look forward to working with you and finding your next home in Grand Rapids, Michigan. Our service is to assist you in finding a rental home but the ultimate rental decision falls on the owners of the property.
These are common questions you may have.
How much does this service cost me?
It is FREE to the renter. The Home Rental Company is compensated by the homeowners. A non refundable application fee of $25 is required for each applicant at the time of application submission for credit report and processing.
What are typical rental qualifications?
General rental qualifications include:
- Good rental history
- Consistent income to support the rent payment as well as your other financial obligations
- Good credit history
What if I do not meet the above rental qualifications?
Each application is reviewed and no guidelines are set in stone. For example, those without income (such as students) might have a cosigner who would help the strength of the application. We specialize in helping renters with these issues.
What if I have had a bankruptcy, foreclosure, repossession or an eviction in my credit history?
We work with these types of issues on a daily basis. These sorts of issues will not keep you from renting or leasing in the future but may put limits on what is available. We can help you re-establish rental history and get you on a successful path for the future.
What if I am a first time renter?
The vast majority of properties will approve first time renters with either an additional deposit or a cosigner. With a first time renter, the income and credit history may be weighed more heavily in the process.
