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Credit Score: 725
Max Debt-to-Income Ratio: 35%
At Lease six (6) Months of Liquid Assets to cover all expenses: Required
No Bankruptcy in the last five (5) years: Required
No Late Payments for the last six (6) months on Credit Report: Required
Max % of Purchase Price Financed: 90%
Minimum Down Payment: 10%
At least two (2) years of Steady Employment: Required
Fees set by and remitted to building and property management company.
| payor | fee | due upon | amount |
|---|---|---|---|
| Buyer | Application Processing Fee (Non-Refundable) | Submission | $350 |
| Buyer | Credit Check Fee (Required, Non-Refundable) | Submission | $200 per applicant |
| Buyer | Move In Deposit (Refundable) | Submission | $2,500 |
| Shareholder | Move-Out Deposit (Refundable) | Closing | $2,500 |
One-time fee paid by the person who begins the application.
| payor | fee | due upon | amount |
|---|---|---|---|
|
Agent /
Attorney Applicant
Current Resident
|
Sale/Lease
Sale/Lease
Refinance/Renewal
Alterations
|
Initiation
Initiation
N/A
|
$75
$120
Free
|
| Application Participants | Any | N/A | Free |
If you are a real estate agent affiliated with one of our enterprise brokerage clients starting an application is covered by your brokerage.
| payor | fee | due upon | amount |
|---|---|---|---|
| New Resident | Purchase Sublet/Lease Storage Sale Parking Sale |
Submission | $65 |
| Current Resident | Renewal Refinance Transfer Storage Sale Parking Sale Alteration |
Submission | $45 |
| payor | due upon | amount |
|---|---|---|
| Any Participant Paying Building Fees | Submission | 5% of Total (excluding Digital Submission & Initiation Fees) |
For more detailed information, please see our Pricing page.
