SWE Homes Rental Terms & Conditions

• No application fee.
• Rental term is a minimum of 3 years. We value long term relationships with our customers.
• All leases require a security deposit equal to the amount of the monthly rent.
• For customers with good credit (599 FICO or better), we will require first month's rent and security deposit in certified funds upon signing the lease.
• For customers with poor credit (598 FICO or less), we will require first months' rent and double security deposit in certified funds upon signing the lease. (subject to additional qualifications)
• In single family homes, all utilities are paid by the tenant..
• Applicants must show proof that their income is at least 3 times the monthly rent to qualify.
• Pets are accepted on a case-by-case basis. An additional deposit of $500 (non-refundable) per pet is required, and tenants MUST provide proof of renter’s insurance that includes liability or coverage of bodily injury. An additional $25 rent fee per pet will be applicable. 
• Appliances are generally not included. If there are appliances present in home, landlord assumes no responsibility over them.
• The majority of our rentals are also available for sale with NO CREDIT NEEDED, owner financing and easy qualifications.

For example:

For an applicant with a 620 credit score, a home with a $700 monthly payment would require $1,400* due at lease signing, and would have to have $2,100 monthly income to qualify.
For an applicant with a 580 credit score, a home with a $700 monthly payment would require $2,100* due at lease signing, and would have to have $2,100 monthly income to qualify.

*Subject to lease date.

TERMS ARE SUBJECT TO CHANGE. Landlord reserves the right to set deposit on a case by case scenario.