Tenant Approval Criteria

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HCM Property Management conducts business in accordance with the Federal and State Fair Housing Laws. We are pledged to the letter and spirit of the U.S. Policy for achievement of equal housing opportunity throughout the nation. We encourage and support a program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.

Tenant Approval Criteria

 

HCM Property Management conducts business in accordance with the Federal and State Fair Housing Laws. We are pledged to the letter and spirit of the U.S. Policy for achievement of equal housing opportunity throughout the nation. We encourage and support a program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.

In order to process your application, we will need the following items:

  1. Completed application for every person over the age of 18 years that will be living in the property. Each adult must complete their own individual application. Applications must be completed on-line through our website at hcmpm.com.
  2. Copy of a valid photo ID
  3. Proof of Income for all applicants. Applicants should make gross income in excess of a combined minimum of 2.5 times the monthly rental amount. Verification of income may include, but not limited to, last two paycheck stubs, W2 forms, 1099 forms, personal tax returns, proof of government income such as Social Security, Disability, etc, proof of retirement income, liquid assets such as bank or investment accounts, proof of child or spousal support.
  4. Non-Refundable screening fee of $45 per application. This fee is paid on-line during the application process.

Please note the following before applying:

  1. Each applicant is screened for Credit, Income, Rental History, and Criminal Background. We process applicants on a first-come basis, but if we receive multiple applications in a short time period, we will select the best qualified candidate, which includes consideration of lease start date.
  2. We incur costs to process and screen each application and as such, APPLICATION FEES ARE NON-REFUNDABLE.
  3. Only completed application packages will be processed. A completed application package includes the four items listed above. Please attach all documentation to your on-line application.
  4. Our application process generally takes 3-4 days to complete upon receipt of completed applications from all prospective tenants. Processing time frame can vary based on number of applicants..
  5. We STRONGLY encourage all applicants to view the property before submitting an application.
  6. Pet Policy – Please check out listing to confirm if pets will be considered. You must attach a photo of your pet with your application to be processed. Due to insurance purposes, we cannot allow the following breeds in any of our rentals: Doberman, Mastiff, Boerboel, Rottweiler, American Bulldog, Presa Carnario, Pit Bull and similar Terrier breeds, Chow, Dogo Argentino, German Shepherd, Husky, Bandog, Wolf Hybrids, Akita, Fila Brasiliero, or Tosa Inu.
  7. If your application is approved, HCM Property Management will require 2-5 business days to get the property ready for move-in.

We utilize a risk-based deposit model. In some cases, we will ask for a higher deposit (or co-signor) depending on a number of factors detailed below:

Credit Scores

  • Our minimum credit score requirement is 680
  • Applicants with credit scores between 600 and 680 may be considered, but will require a higher security deposit
  • Applicants with credit scores below 600 will not be considered

Bankruptcy/Charge-offs/Collection Accounts

  • All bankruptcies must be charged off greater than 2 years ago to be considered
  • Medical collections are ignored
  • Applicants with negative utility accounts within the last 6 months will not be considered

Rental Payment History

  • Applicants with any unpaid rental debt or an eviction in the last 7 years will be denied
  • Applicants with any rental history reflecting 2 or more 30 day late payments in the last 24 months will be denied

Rent to Income Ratio

  • Combined gross income from all applicants should be a minimum of 2.5 times the monthly rent
  • Combined gross income from all applicants between 2.0 and 2.49 times the monthly rent considered but will require a higher security deposit (or co-signor)
  • Combined gross income from all applicants less than 2.0 times the monthly rent will not be considered.

Criminal Background

A criminal background check will be completed on each applicant. An applicant will be denied for any felony conviction within the past 7 years or if they have been convicted of any sex crime.

 Co-Signers

Co-signers will be considered. Co-signers must have a credit score of at least 700 with no late rent/mortgage payments or tax liens. Co-signers must also make at least 2.5 times the monthly rent.

What Clients Are Saying About us

4.9 /5
32 Reviews

Aug 12, 2019
Google HCM Property Management Lupita
Great working with Elva, made the process so easy and moving in a breeze!
Jul 14, 2019
Google HCM Property Management Jennifer
Your service meets my need..
Jul 10, 2019
Google HCM Property Management Denina
I wanted to give a shout out to Elva Rendon of HCM Property Management. She recently handled our rental in RSM.. Elva was so amazing to work with, she was prompt, detail oriented, and more than that, seems to really care about what she is doing. This really makes a difference when working with and around people's housing choices. Knowing this is how her and her team will follow up with any issues, is a GREAT COMFORT! I would highly recommend her! Thank you Elva!!
Jul 8, 2019
Google HCM Property Management Mak
Great company to manage your property.
Jun 25, 2019
Google HCM Property Management Eum
I recently moved into a condo and Elva Rendon helped the process easier by quick responses and accommodating to all my requests. She seemed very knowledgeable in what she was doing and be on top of everything. Besides, everyone at the property management office were friendly and were willing to help out. I had some maintenance issue when moving in, but they were on top of getting it solved. Highly recommend!

How can HCM Property Management help you manage your rental properties?

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ABOUT

HCM Capital, Inc. dba HCM Property Management
CA DRE License # 01926399

LOCATIONS

Orange County Office:

27 Mauchly, Suite 206
Irvine, CA 92618

Los Angeles County Office:

3780 Kilroy Airport Way, Suite 200
Long Beach, CA 90806