131 W Belmont St — For Rent
Move-in ready and fully refreshed. This spacious home has fresh paint throughout and brand-new luxury vinyl plank flooring on every level.
- Freshly painted throughout
- New LVP flooring throughout
- Carpeted stairs
- Central AC
- Spacious layout
Qualification Criteria
Applicants
- Minimum credit score: 635
- Verified gross monthly income of at least 3× the monthly rent
- No eviction judgments within the past 6 years
- Zero tolerance for material misrepresentation or omission on the application
Guarantors (Co-signers)
- One guarantor per lease, regardless of the number of applicants
- Guarantor is a non-occupant with no right of possession
- Guarantor submits a separate application and pays the application fee
- Minimum credit score: 680
- Verified gross income of at least 5× the monthly rent
- Full court record search, same protocol as applicants
- Landlord or mortgage reference verified
- A guarantor may supplement a shortfall in applicant credit score or income
- A guarantor may not offset an eviction judgment within 6 years, an undisclosed or unresolved landlord-tenant action, a material misrepresentation or omission, or the occupancy standard
- Guarantor signs the lease and a separate written guaranty, and is jointly and severally liable for rent, damages, and all lease obligations
- Guaranty runs for the initial term and any renewal or holdover period
- Notice to the tenant constitutes notice to the guarantor
Security Deposit
- Michigan caps the security deposit at 1.5× monthly rent (MCL 554.602). A guarantor does not change this, and no additional deposit may be collected in lieu of one.