faq's
Is there an application fee?
How Much Is The Application Fee? $40 per Applicant
Once you have found your home, a $40.00 application fee is required on each applicant to process your application.
If there is an application submitted prior to your application, your application will NOT be processed until the previously application has been completely processed. If the application in front of you qualifies and is approved, this applicant will be notified and must produce all monies and sign all docs within 24 hrs of approval.
Should this previous applicant before yours, fails to perform properly, then your application shall be processed.
Apex processes an applicant in the order in which they are received. If the applicant in front of you is approved and performs properly, you will be contacted via the info contained on your application. You will be told the application submitted before yours was approved.
You will then be given a choice to use your application for another available home, or you may choose to get “pre-approved” for the next available home matching your search criteria.
When this situation arises, many applicants choose to get “pre-approved” for the next available home matching your search criteria. Needless to say, many of these homes never make it to Apex’s website.
Your application fee helps with the administrative costs of processing your application, costs of credit reports, and more. It is very hard to work for free, and we trust you will agree with this. It costs money to process applications.
We strive to keep our costs as low as possible. Many other companies charge much more, sometimes twice as much as Apex. We do NOT want a bunch of applications.
Security Deposit Details
How Much Is The Security Deposit?
Single Family Homes:
determined by the following formula —
— Security Deposit is equivalent to one month’s rent PLUS $100.00.
— For example, a home with $799 Rent will have deposit of $899.
Apartments have varying Security Deposit requirements.
Refer to the information on the apartment listing
FREE RENT Program
Apex’s Resident Rewards Program
ALL STAR PLAN = FREE RENT!
Here is the Summary. Most of the time in Renting a Home, You hear about the ugly stuff that occurs if you fail to do this or that. Apex is proud of the ALL STAR Program for responsible folks like YOU!
Apex’s All Star Program Allows YOU to earn a Bonus REWARD for being responsible!
Earn discounted and FREE RENT by avoiding late charges & violations.
YOU WIN with Apex’s All Star Plan!
12 months = 10% Discount on Your 13th Month!
24 Months = 25% Discount on Your 25th Month!
36 Months = 100% Discount on Your 37th Month!
FREE RENT for You!
Be sure to ask about Apex’s FREE RENT Program!
Deposit to hold with Application
Can I put a “DEPOSIT to HOLD” on a Home when I submit my Application?
DEPOSIT TO HOLD WITH YOUR APPLICATION
Providing there is not an approved application pending, You may put a deposit to hold on a home when you submit your application. You must submit a dollar amount equivalent to the Security Deposit or more for your “Deposit To Hold.”
This is a very powerful and strong benefit for you.
Your Deposit to Hold shows you are very serious about renting this home and you are not going to the shopping mall in search of dozens of homes. Once approved, your Deposit to Hold money will be used for funds needed to complete the rental agreement process.
When You put a “Deposit To Hold” on a selected home, this home will be immediately removed from the list of available homes, thus putting you in the driver’s seat.
Once approved, you will have 24 hrs to coordinate an appointment with our office to produce all of the monies needed and complete your new tenant paperwork package. This does NOT mean you have to ‘move in’ within 24 hrs. This simply means you start paying rent. You may still move in on your schedule. This is very helpful for folks who are moving to Ohio from another town.
Should You Decide Not to Rent AFTER YOU ARE APPROVED, YOU will forfeit the DEPOSIT TO HOLD money. Apex will have to begin the entire process to advertise and market this home for rent again.
If you are not approved, your DEPOSIT to Hold money will be returned to you within 30 days to the address you entered on your form. If you wish to get your funds immediately, there will be an $85 charge deducted from your funds for processing your application along with starting the marketing and advertising process again.
Application - what does it take to qualify?
What Does It Take To Qualify?
We are happy and pleased you are considering an Apex Home. We are very proud of our homes and believe you will be too. Our requirement standards for qualifying to rent a home are simple and fair.
They Are:
All homes are offered without regard to race, color, religion, national origin, familial status, disability, sex, gender identity, sexual orientation, lawful source of income, conviction history or arrest history, prior military service or homeless status.
Each adult occupant must submit an application.
Your gross monthly income must equal approximately three times or more the monthly rent
A favorable credit history; however, bad credit will not prevent you from renting a home.
Be employed and/or be able to furnish acceptable proof of the required income, or pay rent in advance.
Proof of Rent Payments made for last 3 months
Good references, housekeeping, and property maintenance from your previous Landlord(s).
Limit the number of occupants to 2 adults per room.
Compensating Factors can include additional requirements such as local qualified co-signer, rent paid in advance, or rent to own for applicants who fall short of above criteria.
Fair Housing Ordinance can be viewed online Housing Discrimination Under the Fair Housing Act | HUD.gov / U.S. Department of Housing and Urban Development (HUD)
How can I see an Apex home?
Contact us! We frequently have open houses or we can have an agent show you the home. Video walkthroughs are available upon request.
What about animals and pets?
Safe and legal animals that do not damage or reduce value of property may be allowed with a non-refundable Animal Fee.
NEW ANIMAL APPLICATION:
Each Animal MUST submit an application with a photo.
Each Animal MUST weigh less than 30 pounds.
Each Animal MUST not be on the Insurance Companies list of dangerous animals.
Pit Bulls
Rottweilers
German Shepherds
Huskies
Alaskan Malamutes
Doberman Pinschers
Chow Chow
Presa Canario
Boxers
St. Bernards
Wolves and Wolf Hybrids
Great Dane
Dalmations
Samoyed
Bull Terrier
Tibetan Mastiff
Malamutes
If your animal complies with these guidelines, your animal may be accepted.
The only exception would be a property owner who specifically states in their management contract “no animals are allowed.” (FYI, at this time, we have no owners that forbid animals)
Apex values animals, pets, people and property!
"Approved Application Pending"
Apex will label a home “approved application pending” upon completing the application process of a qualified applicant for this home.
This status does not state that the home is rented, it simply means a qualified application has been received and they have not completed their rental agreement to begin renting the home.
Occasionally a person submits applications for homes all over Ohio at the same time (not all Apex Homes) and unfortunately sometimes they do not answer the phone or return messages. Although we can not explain their actions, we will not remove a property from our available homes list until the home is actually rented.
How long can we hold a home for a qualified applicant?
What about the people like yourself who want to rent this home — you are asking — how long is Apex going to allow an application to tie up this home?
THEREFORE, Once approved, an applicant has 24 hours to complete the rental agreement producing all funds needed.
Unfortunately, some folks promise the moon and never deliver. Their actions resulted in the creation of the 24 hour rule. Due to the actions of some, we were required to develop a policy that is fair to all applicants.
Now, imagine having your application “behind” these folks. You are hoping that they fall apart so you can rent it.
How long would you want to wait? Hopefully, this will help you understand this policy.
If the Home you like is labeled “approved app pending”, PLEASE, fill out an application.
If the applicant ahead of you falls apart, the next application will be processed – make sure it is YOURs!
If your application is “behind” or a back-up to the approved app pending, and the status of the home changes to “rented,” you will be notified of this action and will be given the opportunity to use your application for another available home, or you may choose to get “pre-approved” for the next available home matching your search criteria.
If YOU WAIT to see what happens to this home, YOU might lose.
Somebody else can submit a back up application in front of you.
Apex wants to rent all homes quickly.
Rent Financing
Rent is due on the 1st. No exceptions. If you are unable to make your monthly payment, please reach out to us ASAP so we can come to an agreement on the next steps. If you reach out to us before your payment is due with your honesty, you may avoid late fees & possible eviction!