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.

Two sets of hands are forming a circle on a wood table around a paper cut out of a family, with glasses, coffee, keys and paper on the table.

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
4.9 /5
61 Reviews

Google
5.0/5
Oct 18, 2020
Google HCM Property Management Sin
I needed to install a CO detector and secure the water heater in my apartment. Gabby Lopez responded quickly and everything was done in a couple of days. Thank you very much, Gabby!
Google
5.0/5
Jul 24, 2020
Google HCM Property Management Truelile
HCM Property Management is EXCELLENT! They rented my home in 2 week! to the right tenant. They cared to performed the difficult transition during the COVID pandemic. They are always available to answer my tenants questions and care for their needs. They always answer my questions and is fantastic resting knowing that my new home in Irvine will be cared and protected. Closed eyes working with them! they are the best!
Google
5.0/5
Jul 6, 2020
Google HCM Property Management Skye
Very reasonably priced and professionally managed.
Google
5.0/5
Jun 30, 2020
Google HCM Property Management Lenia
We reached out to HCM to list our rental property and the experience was top notch. Steve and Dianne showed up to preview our property and every detail discussed was executed as planned. From listing to finding the perfect tenant has been an awesome experience. I couldn’t be more pleased
Google
5.0/5
Jun 26, 2020
Google HCM Property Management Ann
Greg at HCM has been amazing in helping me deal with tenants particularly during this unprecedented time. He is very responsive and quick to act, understanding any problems that may arise with tenants. I really appreciate his hard work and dedication and the rest of the team at HCM.

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

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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