APPLICATION INSTRUCTIONS

YOU MUST VIEW THE HOME WITH ONE OF OUR LEASING AGENTS BEFORE APPLYING.

We are required to provide all applicants with the Brokerage Disclosure to Tenants. Please click the link and review the document before proceeding to application. By proceeding with this application, you are confirming you have received a copy of our completed Brokerage Disclosure prior to providing any private / financial information. We will have you sign a copy of this Disclosure at lease signing if you are offered a lease with Alliance

READ THIS PAGE IN ITS ENTIRETY before applying.

IMPORTANT:  

• Our credit checks utilize Transunion SmartMove’s ResidentScore. This is a different algorithm vs. the traditional CREDIT Score, and therefore, scores will vary.  Read this article for clarity.
• Application fees are non-refundable. 
• Funds due upon approval = full month's rent, security deposit, $79 lease administration fee, $40.95 Resident Benefits Package Fee, pet fees (if applicable) and utilities (if applicable). 

Application Process Instructions

1. REVIEW APPROVAL CRITERIA: Located below and on our website, under the Tenant Resources page. If you meet the criteria and after you have viewed the home with a member of our Team, proceed with the application process below.
2. APPLY ONLINE: Complete a separate application for each occupant 18 years and older. When you start your application, it’s important to invite all co-applicants to apply with you (there is a link that says “invite”). We process applications as a group decision so this is an important step as it groups your applications together.
3. COMPLETE YOUR PET/ANIMAL PROFILE (if applicable): View our Pet Policy/FAQ on our website; located on the Tenant Resources page. Your application with Alliance PM is not complete until you’ve completed your pet/animal profile(s). If your animal is a pet, there is an additional per pet application charge which is administered by a third-party pet screening tool: https://alliancecolorado.petscreening.com/
4. PAY SECURITY DEPOSIT and RENT: If approved, you will have until 5:00pm the day after you are notified of approval to electronically sign your lease and pay all funds due via EFT or Cash. Funds due upon approval = full month's rent, security deposit, $79 lease administration fee, $40.95 Resident Benefits Package Fee, pet fees (if applicable) and utilities (if applicable). You will be given instructions on how and where to pay these funds, upon approval.
   
   NOTE: We screen applications thoroughly and move forward with the best qualified application. This process may take a couple of days to complete depending on previous landlords’ response time to our inquiries. You will be notified as soon as we complete this process.

Approval Criteria

Please note: We choose the best qualified applicants for our homes. We do not make exceptions. 

We verify you have:

• Excellent rental history (or excellent payment history if homeowner) for the last three years
• Gross income at least 3x the rental amount. *Only two applicant’s income will be counted.
• Accounts in good standing (medical and student loans excluded)
• No evictions in the last 7 years
• No money owed to a current or former landlord
• No felony convictions within the last 5 years - if felony conviction is older than 5 years but is of a violent nature or methamphetamine related (use or distribution), a decision will be made on a case-by-case basis. o No bankruptcies within the last two years (filed or discharged)

TransUnion’s SmartMove’s ResidentScore and Collection Account Requirements:

Our credit checks utilize Transunion SmartMove’s ResidentScore. This is a different algorithm vs. the traditional CREDIT Score, and therefore, scores will vary. Read this article for clarity. 

• APPROVAL: All applicants with a score of 650+ and no more than 2 combined accounts in collections / charged- off pay a security deposit equal to one (1) month’s rent. More than 2 accounts in collections / charged off, or a co-applicant with a score below 650 automatically becomes a conditional approval, regardless of your credit score.
• CONDITIONAL APPROVAL: All applicants with a score 600-649 and no more than 4 combined accounts in collections / charged-off pay a security deposit equal to two (2) month’s rent.
• FAIL: 599 or below and / or 5+ combined accounts in collections / charged-off If even one applicant in the group has a credit score in a lower tier, it will impact the group decision

Proof of income (if you have a situation not outlined below, please contact us. Alliance PM remains in full compliance with HB20-1332

• Employed: last two months pay stubs or signed offer of employment contract in the event you have not been employed at least two months
• Self-Employed: last year’s tax return along with your last two month’s bank statements. We calculate your income based on your AGI.
• Retired: your most recent retirement account statement showing a minimum of 3x the rent x 12 months in account
• Disabled: your most recent disability rating letter with monthly payout listed, along with your last two month’s bank statements
• Child Support: a copy of your signed court order, along with your last two month’s bank statements
• Housing Voucher Tenants: yes, we accept vouchers. You must meet all other approval criteria. Please call us to discuss your voucher only after confirming you meet all other approval criteria.

Alliance PM also takes into consideration your debt to income ratio

If approved for a home with Alliance Property Management, you will have until 5:00pm the day after you are notified of approval to electronically sign your lease and pay your security deposit plus all move-in costs via electronic funds transfer. 

CONTINUE TO ONLINE APPLICATION

Application fees are non-refundable.