Application Info
Ready to Apply?
Submit an application for approval to live in an apartment or townhome with Goldmark Property Management. All occupants of legal age residing in the apartment must complete an application.
(Properties who participate in Federal Affordable Housing programs or Senior Living Communities have alternative criteria and/or additional requirements or paperwork as required by those programs.)
Our applications are processed in accordance with Federal Fair Housing policies.
Pets
Our pet policies vary by building. All animals must be approved prior to move in. Please confirm the types of pets accepted for the specific rental home prior to applying. Pet rent and a non-refundable pet fee are required.
Application Fee
A $40 non-refundable fee is assessed for each applicant.
Holding Fee
A holding fee of $200 is due at the time of application. This holding fee takes the apartment off the market and reserves the apartment home for you while your application is being processed.
Once approved, the holding fee is applied as a credit towards your first month of rent. If you are approved, but cancel your application, the holding fee is forfeited to Goldmark and no refund will be issued.
If your application is declined, your holding fee will be processed by our accounting department and returned to you in accordance with the holding fee agreement.
Background Checks
Credit Check
Renting an apartment is considered a major financial commitment. Goldmark takes a similar approach as lenders when conducting a credit check.
Credit checks provide an indication of how likely it is for an individual to honor their financial commitment. In general, at least one applicant must meet our credit requirements. Our criteria is not based solely on a credit score. There are a variety of factors evaluated with the credit check and criteria will vary slightly by property. Factors utilized to determine the credit risk include, but are not limited to: collections, judgments, charge-offs, bankruptcies, foreclosures, credit score, and utility/rental debt.
All utility debt must be paid in full prior to approval. If an applicant has not established a credit score, the other screening criteria is utilized to determine an applicant's eligibility.
Criminal Background Check
All applicants must meet our standard criteria for rental history, credit check and income verification. Additionally, we conduct criminal background checks on all applicants.
For individuals who have pleaded guilty or been convicted of a felony offense or select gross misdemeanors: we review the degree and type of offense it is classified as, how long ago the offense was, and when sentencing was completed. The waiting period varies greatly depending on the type of criminal activity.
In accordance with Fair Housing laws, if an individual does not meet Goldmark’s standard criteria, they are afforded the opportunity to petition for an exception by submitting a Notice of Adverse Action.
Identity
Applicants must pass our identity checks for approval. Applicants must provide a copy of a valid government-issued photo ID at the time of application.
Income Verification
It is important that all applicants have sufficient income to cover their monthly rent amount. The monthly household pre-tax income must be at least 2.5 times the monthly rent amount. All applicants will have their income verification automatically verified through The Work Number (TWN) a product provided by Equifax Verification Services.
For Applicants who do not have income records furnished automatically through TWN, they will be provided a link to allow the applicant to provide their banking information or upload a recent paystub to validate the income amount that was provided at the time of the screening request.
Rental History
Goldmark wants residents who are responsible, will take care of their apartment home, and will be good neighbors. Poor rental history may disqualify you from renting.
Guaranty of Lease Option
If you do not qualify on credit or income but do meet all other application criteria, you may have the option to obtain a Guaranty of Lease. The Guarantor will complete an application and must meet income and credit requirements. The minimum monthly household pre-tax income requirement for the Guarantor is 3.5 times the monthly rent amount.
Leasing Requirements
Deposit Options
Goldmark is proud to offer two options to applicants who've been approved. We offer a traditional security deposit equal to one full month's rent. Another option is that applicants can choose the security deposit alternative.
Learn more about our security deposit alternative and see if it's the right choice for you!
Renter's Insurance Required
Goldmark requires each lessee to be covered by a renter's insurance policy prior to move in. Each resident must obtain and maintain a minimum of $100,000 liability coverage.
General liability coverage provides financial protection to residents for accidents within their apartment home. Did you know a kitchen fire can easily cause $10,000-30,000 in damage? While no one anticipates these types of events, having renter’s insurance will protect you from a financial crisis if one does occur.
With renter’s insurance, you can opt to protect your personal property as well. Replacement costs for clothing, electronics, and furniture add up quickly. You can get a free quote from our preferred provider, Resident Shield, within our online portal once you are approved for your apartment. If you choose Resident Shield, they will automatically update us with your policy information.
If you choose your own insurance provider, you must meet specific requirements and provide proof prior to moving in.
Every insurance policy is different. Goldmark is not a licensed insurance carrier and cannot provide guidance on insurance coverages. It is important to work with a professional to understand what protections you have as a renter.