Rental Criteria for Summer House Apartments in Alameda, California

Rental Criteria

Individuals:

Proof of legal, verifiable income is required in at least one form of the items listed below. Proof of income includes, but is not limited to, the following:

  • Proof of current employment (e.g., two most current paystubs within the last 30 or 90 days, depending on the payment cycle).
  • Prior year tax return.
  • Proof of receipt of government income (e.g., social security, disability, welfare, unemployment, military pay, etc.).
  • Proof of receipt of retirement and/or investment income.
  • Student loan income*, child and/or spousal support, or any other legal, verifiable income.

Gross income equaling 2.5 times the monthly rent is required. If no current income, proof of liquid assets (which includes bank statements with deposits) at 2.5 times the net rent for the entire lease term is required.

Summer House Apartments

(833) 219-2271

1826 Poggi St Alameda, CA 94501

The front desk at Summer House Apartments in Alameda, California

Positive Rental History:

The following will be considered for all individual applicants and will result in denial of the application:

  • **Unpaid judgment to prior landlord; or,
  • **Unpaid landlord collections.

Additionally, the below may result in denial of the application depending on the facts and information regarding the following:

  • Negative landlord reference from previous landlord indicating damage done to the prior residence;
  • Late payments or returned checks;
  • Balance owed to previous landlord and/or lease violations.

Guarantors:

Guarantors may be considered if there is a denial of the application based on negative credit history or lack of credit or verifiable income. Guarantors will not be considered and the application will be automatically denied in the case of unpaid judgments, unpaid landlord collections or failure to pass a criminal screening.

  • Proof of legal, verifiable U.S. assets and/or U.S. income and California state residency is required in at least one form of the items listed below. Proof of income includes, but is not limited to, the following:
    • Proof of current employment (e.g., Two most current pay-stubs within the last 30 or 90 days, depending on the payment cycle);
    • Proof of receipt of government income (e.g., social security, disability, welfare, unemployment, etc.);
    • Proof of receipt of retirement and/or investment income;
    • Student loan income*;
    • Proof of US based assets;
    • Child and/or spousal support; or,
    • Or any other legal, verifiable income.

Gross income equaling 5 times the monthly rent is required. If no current income, proof of liquid assets (which includes bank statements with deposits) at 5 times the net rent for the entire lease term is required.

Asset verification includes: A letter of credit or line of credit from a U.S. Financial Institution or a copy of a deed or other evidence of real property ownership in the U.S.

The pool at Summer House Apartments in Alameda, California
The lobby at Summer House Apartments in Alameda, California

Positive Credit History:

The following will be considered for all applicants, both individuals and guarantors, and will result in denial of the application:

  • Past due negative accounts;
  • Accounts in collections;
  • Foreclosures; or,
  • Open Bankruptcies.

To apply, please submit the following:

$49.00 fee for each applicant 18 years or older (fee is non-refundable)

$200 holding deposit (non-refundable after 72 hours if approved of applying)

A valid driver’s license or government issued ID is required to confirm the identity of all applicants.

Renters Insurance: Proof of $100,000 liability coverage required upon move in, unless an exception applies.

For student loan income, tuition will be deducted from the total income figured

Denials based on credit history or landlord tenant judgments/collections can be disputed directly with our credit screening provider. Please see application.

Utilities information and Services
The following services needs to be transferred to the residents name:
Gas - PG&E: (800) 743-5000
Electricity – Alameda Municipal Power: (510) 748-3900

The following are charged monthly to your account. These are billed in arrears, therefore; when you pay for your current month it is billing for usage from the previous month.

Water, trash, and sewer – billed through Conservice