Questions about being approved for an apartment?

Just to clarify a point another poster made regarding marital status.

In most states it is discriminatory to decline an application on the grounds that the "couple" is not married. Those who are not married are protected under Housing Discrimination laws at state level, certainly in most states if not all.

Based on your details you should have no problem finding accommodations. I see no reason for you to have to give a year's rent in advance. In fact the landlord may be prohibited from accepting that amount. It could be considered a deposit and in many places there are restrictions on how much of a deposit a landlord can accept. Regardless of whether or not you have jobs is immaterial. A landlord is interested in your source of income and whether or not it meets the minimum threshold that would qualify you as tenants. You appear to have that. If you are approved I would make arrangements for automatic monthly debit from your account if this is an option. This makes it so much easier for the landlord!

I would accept you without any difficulties whatsoever!

Just an added note: Though you brought along copies of your credit reports, they would still need to be verified. If you've not heard anything by tomorrow I would give them another call for an update.

By the way......some of my best tenants have been first time renters! Good luck. You'll be okay.

Appoving an application CAN legitimatly take a few days. You have to remember that approving your application is not the only thing they had to doday. It could be that they got interupted and/ or got busy & simply did not get it done.

YES - any applicant that has a job will be approved ahead of ANY tenant with no monthly income. Paying the full year up front will NOT always get you the rental. In fact many landlords will not take any rent up front. Being a 1st time renter is also a black mark against you. Any tenant that has good rental history will get the unit before you.

The ONLY thing you have going for you is good credit. Good credit alone will usualy NOT get you a rental.

Yes having the money up front is a good thing but it is far to liquid of an asset. Short of taking all the money up front ( as I said many landlords will not do) the landlord has no gurantee that money will still be there when the next months rent is due. If they let you move in based on that money you could go buy a bunch of stuff, not be able to pay the next months rent and then they have to go through evicting you & finding anther tenant quickly.

My office for example does not allow any prepaid rent. With the high volume of properties we manage it is just too much of a hassle. With no rental history & no income I would not rent to you.

EDIT: Ann is right - every experienced landlord I have ever spoken too says an applicant offering full yr rent up front before they are even aproved is a big red flag. Only people that do not otherwise qualify need to make such an offer.

LLs often get busy when renting out an apt, have several applications to check, or cannot reach someone, e.g. your employer to verify employment. I would not worry about it yet. If no word by end of day tomorrow, call & inquire, let them know you still are interested & want to know the status of your application.

As a landlord, some insight I can give - MAYBE - they don't rent to unmarried couples. This is not illegal - some people don't consider you a good risk. Also I was told long ago to be suspicious of people with a lot of cash up front. (Maybe here you live that's common - not here.) Lastly - do you have jobs? We never rent to people without a source of income.

u are waiting for an apt when you can afford to pay 1 yr in advance?

leave them and find a better place.

also PLEASE CONSIDER doing a lease option on a house.

can guide further