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Peabody Residential is committed to equal housing and we fully comply with the Federal Fair Housing Act (FFHA). We do not discriminate against persons because of race, color, religion, sex, handicap, familial status, national origin, or age. We also comply with all state and local fair housing laws. We offer the online application to everyone who requests one.

Approval is based on SEVEN factors:

• Credit History
  We will obtain a copy of your credit report. You cannot provide this to us, we will obtain this ourselves. Credit history should show that the resident has paid bills on time and does not have a history of debt “write-offs” or accounts that have gone into collection. Money owed to a previous landlord or utility company is cause for denial. Residency may also be denied due to poor credit history.A credit scores of 660 or higher are usually approved with normal rents, as advertised admin fees, and a security deposit equal to one month’s rent. Credit scores below 660 may be considered with an increased security deposit or prepaid rent. Credit scores below 620 are normally denied due to bad credit.
• Employment Verification and History
  We require verifiable employment history for at least the past three (3) years, unless you are entering the work force for the first time. You must be a permanent employee (not temporary or probationary). If you are self-employed, retired, or not employed, we can accept such documents as signed tax returns (2 years minimum), bank statements, etc. that provide proof of applicant’s ability to pay the rent. If military, we need a current copy of your LES. If you are active duty military, you must be on an assignment that, to the best of your knowledge, will allow you to complete an initial 12 month lease.
• Income Verification
  Your monthly income should be at least three (3) times the monthly rent and verifiable from an unbiased source: employer through pay stubs, tax returns, and/or bank statements. We require one full month of pay stubs if you are currently employed. Self-employed income may also be verified with a CPA-prepared financial statement or tax returns. Your employment history should reflect at least 6 months with your current employer. Transfers or relocations must have correspondence showing an accepted job offer. Any verification fees required by the employer must be paid by the applicant. Applicants who do not meet the above employment or income requirements must submit Savings Account statements showing a minimum average balance equal to 8 months of rental payments, for the last 6 months. PLEASE NOTE: If there are more than 2 unrelated individuals applying, only the top 2 incomes will be used to determine if you as a group meet income guidelines.
• Rental Verification and History
  We require verifiable residence history for at least three (3) years whether you currently own or rent. Applicants are responsible for providing information including the names, addresses and phone numbers, of Landlords with the dates of tenancy for the previous 3-5 years. Rental history must be verified from unbiased sources. Home ownership will be verified from a current credit report. We can accept base housing as rental history. Any evictions within the previous 5 years will be automatic grounds for denial. Broken leases will be considered on a case-by-case basis and an additional security deposit may be required.
• Criminal, Sex Offense, and Terrorist Database Check
  We will check these databases for all occupants over 18.Criminal backgrounds with Felonies resulting in bodily harm or intentional damage or destruction of property for example, "arson:" within the last 7 Years or Felonies for illegal manufacture or distribution of a controlled substance within the last seven years or any person required to register as a sex offender are all grounds for denial of an application. **An exception may be made for type and or age of offense, please provide details to the Property Manager.
• Pet Criteria
  Pet policies vary from one homeowner to another. For each approved pet there will be a pet fee charge of $300 (Pet Fee is Non Refundable) and an additional pet deposit may be due. In Washington, DC there may be a $25-$50 increase in the monthly rent. Some owners do not permit pets, while others restrict type and/or size of pets. No more than two pets per household are permitted without specific owners’ approval.
  Property Insurance Companies do not allow certain particular breeds of dogs, either purebred or mixed. Therefore, dogs fully or partially of the following breeds will be rejected: Akita, American Bulldog, Bullmastiff, Mastiff, Chow, Doberman, German Shepherd, Husky, Presa Canario, Pit Bull, Siberian Husky, Staffordshire Terrier, "Wolf Dog", Bull Terrier, Pit Bull Terrier, Rottweiler and any combination of these.
  Special consideration is given to “Service Animals” that assist a tenant with special medical needs (proper and current documentation needed).We require with your application, a picture of the pet(s) that will be on the property.
  • No Aquariums larger than 10 Gallons allowed.
  • No ferrets, reptiles or rodents of any kind are permitted as pets.

*Depending on the results of the application, we may request an additional deposit as part of the lease.