Would you like to apply for an apartment today but don't know your credit score?
At Westmore Apartments, we can provide you with an "Instant Credit Approval" right in our office for a small fee of $20 per person (cash only, exact change required). You will be given your credit score within minutes, and then you can submit an applications knowing whether or not you meet our credit requirements. Our credit score requirements for getting an apartment at Westmore are as follows:
650+ Credit Score - Meets Requirements. No conditional lease terms or additional security deposit required. See notes below*.
620 - 649 Credit Score - Conditional Lease. You may be asked to pay up to one month's rent as a security deposit. If your credit score is 635-649 your deposit will be increased by an additional $250.00. If you credit score is 620-634 your deposit will be increased by an additional $500.00. All specials apply.See note below*.
576 - 619 Credit Score - Conditional Lease. You will be required to pay up to one month's rent as a security deposit. All specials apply. See notes below*
550 - 575 Credit Score - Conditional Lease. You will be required to pay a deposit equal to one month's rent if your score is 563-575. Or if your credit score is 550-562 your deposit will be one and half months rent. All specials apply. See notes below*.
549 or below Credit Score - Automatic Denial with Prepaid or Three Month Security Deposit Lease Option.At the completion of the Initial lease we can re-run your
credit report to remove the pre-paid option, or reduce the security deposit (if
applicable). All specials apply. Upon application approval given by a member of
the leasing department; the prepay, or three month deposit is due within 24
hours. If not received the application will be cancelled and the holding
deposit will be retained for liquidated damages to Westmore Apartments. All
Pre-pays and the increased deposit must be paid by a cashiers, or money order
check. Sorry, no cash, or personal checks will be accepted.
Bankruptcies-Chapter 7- Must be discharged for at least 2
years. Automatic denial. Will be offered
option to prepay six months at a time. Sorry no other option available. Chapter
13-Must provide copy of payment plan settlement statement from court. Then see
credit score requirements above. Must have reestablished new credit since
bankruptcy is was settled.
*We will also need to review and consider your credit for any open collections, public records, leans, bankruptcies and judgements. Please refer to the RESIDENT NON-QUALIFYING CRITERIA page of your application for more details.
Click here to download a PDF of our Instant Credit Approval guidelines.
*Note - All other rental requirements must be met for application approval at Westmore Apartments.