360-524-4994
503-505-6461

Oregon Rental Criteria

  • An application must be completed by all residents 18 years of age or older. The application fee is $55.00 per adult (Over 18).
  • Incomplete, inaccurate or falsified information made on the application will be grounds for denial. This includes the applicant’s omission of persons, pets/animals and vehicles that will be located on the property.
  • Occupancy is based on the number bedrooms in a unit. Two persons are allowed per bedroom. A bedroom is defined as a space that has at least one window and a closet for clothing.
  • No businesses may be operated at any of our rental properties.
  • Smoking, including friends and family, is not allowed inside any of our single family rental properties or inside/outside any of our condos, plexes, townhomes or apartments.
  • Any applicant currently using illegal drugs will be denied. If approved for tenancy and later illegal drug use is confirmed, eviction will result
  • When multiple persons apply, their applications will be considered together as a joint tenancy. All persons with either be approved, denied or conditionally approved as a group.
  • Any applicant whose tenancy may adversely affect the property of the landlord, the property of a tenant, or the health, safety and/or right to peaceful enjoyment of the premises of tenants, the landlord or the landlord’s agent will be denied.
  • Applicant(s) acting in a threatening, combative or disorderly manner or making any derogatory or offensive comments during any phase of the inspection, meeting, application or screening process.
  • Applications are processed in an order that they are received in complete form. An application is considered complete if: 1. The online application is completely filled out for all over-18 applicants in your group, including job history/income, rental history and pets/animals. 2. Supporting documents such as government issued photo identification, pay stubs, job offer letters, proof of other source of funds, bank statements, etc. are attached to each application. 3. The screening fee is paid for each applicant. 4. The pet screening must be completed per our Pet Guidelines for all applicants (If you don’t have pets, you will sign the affidavit stating no pets). 5. Cosigner application fully complete if required.
  • All applications will be processed once fee is received. Screening fees are not refundable once application processing has begun. If an application has not been processed, the screening fee may be refunded per your request, less a $5.00 refund processing fee.
  • Please understand that if your application is not considered complete, we cannot give an approval and it will not be placed in our ordering queue. We will move on to the next fully complete application in our ordering.
  • If your application is approved and another applicant has not submitted a Holding Deposit, you may proceed with submitting your Holding Deposit within 24 hours or you will lose your position, your application will be cancelled and the next application in queue will be processed. After receipt of your Holding Deposit, you will have 72 hours to sign a lease with a start date no longer than 5 days from the date the property is available for move-in.
  • If your application is approved, but another applicant has already submitted a Holding Deposit, you may choose another available property that you meet the income requirements on and your application will be placed in the ordering on that property. Your application will be considered approved for 90 days from your screening date. We may request your most receipt pay stubs when approved on a subsequent property.
  • Any individual who may constitute a direct threat to the health and safety of an individual, the complex, or the property of others will be denied.
  • Manufacturing, growing or presence of cannabis is not allowed at any of our properties to ensure compliance with federal law.
  • Applicants must meet a minimum gross Monthly Income Factor of either 3 times or 2.5 times the stated monthly rent.
  • Combined gross monthly income must equal 3 times the stated monthly rent for people who are married, in a meretricious relationship, or are domestic partners. Roommates that provide rental references showing they have lived together for at least 12 months and have paid rent on time during their tenancy must each make 2 times the stated monthly rent in gross monthly income. Otherwise roommates must each show income of 3 times the stated monthly rent.
  • If you receive a periodical paycheck, please provide your 2 most recent paycheck stubs from your employer showing your current period income along with year-to-date income. If year-to-date income is not available or year-to-date income doesn’t show at least 3 periods worth of gross income, please provide your 3 most recent pay stubs. If you receive more than 25% of your income from commissions, please provide the prior year’s Form 1040 tax return.
  • If you are employed, please provide either 2 years of stable employment history or at least 1 year of stable employment history in the same field of work.
  • If you are self employed, please provide your 3 most recent monthly bank statements showing income deposits meeting the required Monthly Income Factor into your personal bank account along with the prior year’s Form 1040 tax return. We must also be able to confirm your business records with the state.
  • For other sources of income, 3 months of bank statements meeting the Monthly Income Factor will be requested as proof of income. Other sources of income may include alimony/child support, trust accounts, retirement accounts, social security, unemployment, disability, etc.
  • As an alternate source of income, you may show 3 months of bank statements or investment account statements meeting the Monthly Income Factor multiplied by the number of months in the lease.
  • Income must be lawfully reported on the Applicants tax return.
  • Applicants can show proof of income through multiples means, such as pay stubs, tax returns, bank statements, investment accounts, job offer letters on company letterhead and signed by an authorized representative of the company, award letters.
  • If the income guidelines are not met, the applicant may either pay an extra security deposit amount equal to 1.5 times the monthly rent or use a co-signer. Co-signers must show income equal to a minimum of 3 times the monthly stated rent plus 2 times the amount of the co-signer’s monthly housing payment. Co-signers must pass a complete background screening check and accrue 0 points as calculated through our Point System.
  • Applicants qualified by a local Housing Authority or who are receiving assistance for a portion of their monthly rent are partially exempt from the income requirements, but must still show income of 3 times the monthly rent that is not covered by assistance.
  • We will look for a minimum of 12 months of positive, verifiable rental history from a landlord other than a friend or relative. The history will need to be current within the last year. You may also show positive, homeownership within the last year, verified through the county.
  • Your background report must contain no derogatory rental information or any past due or unpaid balances to a landlord. Any eviction judgement or order is grounds for immediate denial.
  • You must not have had more than 3 late rent payments or dishonored checks in the last year.
  • The presence of unauthorized occupants or pets on any rental reference report will result in denial.
  • The presence of 2 or more lease violations and/or neighbor complaints and/or law enforcement complaints on any rental reference report will result in denial.
  • You must have met all of the terms of your prior lease and any past due rent or outstanding balance will result in a denial. A security deposit equal to one and one-half (1 ½) times the rent may be accepted when past due rent is paid and no additional negative information has been recorded.
  • Applicants are approved on a Point System.
  • Three or more positive credit lines is favorable along with 2 years of credit history.
  • Any non-medical item 60 days or greater past due, collections and repossessions would be considered negative credit.
  • FICO scores under 575 = 6 points. 576-599 4 points. 600-649 3 points, 659-699 2 points, above 700 0 points.
  • Collections, past due, liens and repossessions: 5 or more accounts = 6 points, 4 accounts = 4 points, 2-3 accounts = 3 points, 0-1 accounts = 0 points.
  • Foreclosures within the past 12 months, funds owed to any prior property management company or rental including utilities and collections, evictions within the past 24 months and bankruptcies discharged within one year from the date of application or open bankruptcies result in 8 points and are grounds for denial. Bankruptcies that have been discharged over 1 year, require that you have established two positive lines of credit since the bankruptcy.
  • Reported short sales or foreclosures over 12 months result in 2 points.
  • 8 points = denial, 6-7 points = 100% extra security deposit, 5 points = 75% extra, 4 points = 50% extra, 3 points = 25% extra, 0-2 points = no extra.
  • Applicants found to have a conviction, guilty plea or no-contest for any of the following may be grounds for denial of the Rental Application.
  • A felony involving murder, attempted murder, manslaughter, attempted manslaughter, kidnapping, arson, rape, sex crimes and/or child sex crimes, or drug related offenses (sale, manufacture, delivery or possession with intent to sell.
  • A felony for any other crime where the date of disposition has occurred within the last 7 years.
  • A misdemeanor where the date of disposition has occurred within the last 7 years involving assault/battery, intimidation, sex related, drug related (sale, manufacture, delivery or possession) property damage, domestic violence, stalking, violation of a restraining order, financial fraud, burglary, possession of burglary tools or weapons charges.
  • A misdemeanor not listed above where the date of disposition has occurred within the last 3 years involving criminal trespass, property crimes, criminal mischief, theft or dishonesty.
  • Applicants found on any sex offender registry or listed in the OFAC/Terrorist database will result in denial of the Rental Application
  • Not all of our properties allow pets. If you have a pet, please make sure you are applying for a home that is pet friendly and that your pet meets breed and size limitations. When allowed, there is typically a 2 full-grown pet limit. An additional refundable pet deposit may be due.
  • Certain breeds (or mixtures) of dogs are not accepted. (Pit Bull, Rottweiler, Doberman, German Shepherd, Chow, American Staffordshire Terrier, Great Dane, Akita, Mastiff etc). You may contact the office for a complete list.
  • All pets and/or animals that will be in the rental property must be disclosed on the rental application when submitted.
  • Rabbits, snakes, reptiles, farm animals, fish tanks in excess of 5 gallons, birds/guinea pigs/hamsters allowed outside of their cage and exotic pets and not allowed at our properties.
  • We use a Pet Screening service to perform screenings on all animals. Please create a pet profile at bluekeypm.petscreening.com and submit a photo of each pet. A screening fee may be required on each pet.
  • Tenants must provide proof of renters insurance prior to move-in and throughout the duration of the tenancy. The renters insurance policy must have a minimum of $250,000 liability coverage and name Blue Key Property Management Inc as additional insured.
  • By applying for a property with Blue Key, the Applicant(s) certifies that Blue Key Property Management Inc makes no warranties nor guarantees as to the condition, amenities, or features of the property that the Applicant(s) is applying for. Applicant is to verify all aspects of the property to their personal satisfaction prior to applying for any property. The rental property is offered “as-is” in its present condition.

In the event of denial or other adverse action, applicants may receive a free copy of their consumer report and also have a right to dispute the accuracy of information appearing on their report.

Information such as, but not limited to, credit, criminal, eviction, rental history is used in the screening process and obtained through an authorized reporting agency: Appfolio Inc., 55 Castilian Dr, Santa Barbara, CA 93117. Phone 866-468-1536.

Screening information is provided by Appfolio using a Credit Bureau: Experian, PO Box 2104, Allen, TX, 75013. Phone 888-397-3742

If your application does not meet our guidelines, you will either by denied or given a conditional approval. If your application has been denied and you would like a review, you may write to:

Write to our:
Equal Housing Opportunity Manager
Blue Key Property Management Inc
7017 NE Highway 99, Ste 216
Vancouver, WA 98665

Explain the reason you believe your application should be re-evaluated and request a review. Please complete a reasonable accommodation request form if you are seeking such. Your application will be reviewed within a reasonable time from the date your letter is received and you will be notified when the review is complete.

Blue Key Property Management

Licensing

Licensed in Washington State


Licensed in Oregon State


Equal Housing Opportunity Realtor Association Clark County Realtors

Vancouver Office

7017 NE Highway 99, Ste 216
Vancouver, WA 98665
360-524-4994

Portland Office

8885 SW Canyon Road, Ste 115
Portland, OR 97225
503-505-6461

Main Office Hours

Monday: 9:00am to 5:00pm
Tuesday: 9:00am to 5:00pm
Wednesday: 9:00am to 5:00pm
Thursday: 9:00am to 5:00pm
Friday: 9:00am to 5:00pm
Saturday: Closed
Sunday: Closed