Requirements to Be Approved Through Icon Real Estate Services (within the City of Seattle)

We do not accept comprehensive reusable tenant screening reports as defined by and pursuant to RCW 59.18.

Icon Real Estate Services is an equal opportunity housing provider who commits to complying with all federal, state, and local fair housing laws. We will not discriminate against any person based on race, color, religion, national origin, sex (including gender identity and sexual orientation), familial status, disability, or any other protected classes specified by applicable laws.

All applicants are scored on the same standards; one person, group, or family at a time on a first-come, first-served basis. All vacancies will be filled by the first qualified applicant who can move in closest to the availability date.

Icon Real Estate Services is prohibited from taking an adverse action against a tenant based on eviction history during or within six months after the end of the civil emergency proclaimed by Mayor Durkan on March 3, 2020. The Seattle Office for Civil Rights is the department that will enforce any violations of this ordinance.

The following types of information will be accessed to conduct the tenant screening: credit history, credit score, employment history, income history, eviction history, rental history, and sex offender status.

Please expect an income verification request via email and text from The Closing Docs, a fully encrypted and secure service, which may eliminate the need to provide us with bank statements, tax returns, paystubs, etc.

When evaluating your report for tenant screening purposes, the following minimum requirements for tenancy, along with items which may result in the denial of your tenancy, are outlined below.

Income: Minimum requirements.

• History of acceptable level of income must cover the previous 24 months.
• Rent to income ratio: 1 to 3.
• Debt to income ratio: .20 to 1.
• Verification of income such as check stubs for the past two pay periods, SSI/disability papers, child support papers, etc.
• Self-employed must provide last two years tax returns and 3 months of current bank statements.
• Full-time students must provide written verification of financial aid, parental support, scholarships, and/or supplemental savings.

Income: Criteria that may result in the denial of my application.

• Lack of acceptable level of income over the previous 24 months.
• Rent to income ratio below: 1 to 3.
• Debt to income ratio above: .20 to 1.
• Lack of documentation to verify income such as check stubs for the past two pay periods, SSI/disability papers, child support papers, etc.
• Self-employed unable to provide last two years tax returns and 3 months of current bank statements.
• Full-time students unable to provide written verification of financial aid, parental support, scholarships, and/or supplemental savings. Co-signer may be required.

Employment History: Minimum requirements.

• For employment verification, you must provide a copy of your 2 most recent pay stubs and/or copies of government, pension, or valid program funding.
• 12 months of continuous employment with current employer or previous employer.
• If self-employed, you must provide signed copies of the last two years tax returns and the last 3 months bank statements.
• If you do not have enough income to rent the property, you must specify how you intend to pay and provide evidence of the funds (i.e. bank statements.)

Employment History: Criteria that may result in the denial of my application.

• Unable to provide a copy of your 2 most recent pay stubs and/or copies of government, pension, or valid program funding.
• Lack of 12 months continuous employment with current employer or previous employer.
• If self-employed, inability to provide signed copies of the last two years tax returns and the last 3 months bank statements.
• Unable to provide documentation to support how you intend to pay and provide evidence of the funds (i.e., bank statements.)

Credit History: Minimum requirements.

• No more than 2 delinquent payments over the last 24 months.
• No accounts in collection.
• No open bankruptcies.
• No money owing to a previous landlord.
• Credit score above 675.
• Must have two active accounts being rated to establish history.

Credit History: Criteria that may result in the denial of my application.

• More than 2 delinquent payments over the last 24 months.
• Accounts in collection.
• Non-discharged bankruptcies.
• Money owing to a previous landlord.
• Credit score less than 675.
• Less than two active accounts being rated to establish history.
• Unverifiable Social Security Number may be reason for automatic need of a co-signer.
• Rental related collection showing on credit report.

Landlord References: Minimum requirements.

• Each rental applicant must be able to demonstrate a pattern of meeting their rental obligations, leaving prior rental properties in good condition, and not having a pattern of complaints from neighbors.
• Verifiable rental references for positive rental or mortgage history over the last 24 months from unbiased sources; no roommate or family references. Please note you must provide contact information for the previous landlord and the previous landlord must take or return our screening calls within 72 hours. If 72 hours is not enough time, please notify us.
• Unverifiable rental reference may be reason for automatic need of a co-signer.

Landlord References: Criteria that may result in the denial of my application.

• Each rental applicant unable to demonstrate a pattern of meeting their rental obligations, leaving prior rental properties in poor condition, or having a pattern of complaints from neighbors.
• No verifiable references for positive rental or mortgage history over the last 24 months from unbiased sources; no roommate or family references.
• No contact information for previous landlord or no returned phone calls from the landlord within 72 hours of application submission. If 72 hours is not enough time, please notify us if additional time is needed.
• 3 or more late payments and/or NSF checks and/or noise complaints within a 12-month rental period.
• Delinquent balance owing to landlord.

 Eviction History: Criteria that may result in the denial of my application.

• Any eviction within the last four years.

Other Factors: Minimum requirements.

• Applications must be filled out completely and truthfully.
• Applicant should be on time for showing appointment and act respectfully toward residents and leasing staff.
• Applicant should be able to pay complete reservation deposit at time or application and any rent due at time of lease signing.
• Each person 18 and older who will be residing in the home must be screened.
• Copy of current state or government identification.
• Out of state applicants with no local employer must provide current bank statement with balance of 5x the rent.
• International students must provide passport, proof of current college or university full-time enrollment or current student visa along with proof of funding (such as an I-20) and/or supplemental savings.
• Other applicants who are new to the country must provide passport and proof of income (such as a letter of employment), and/or documentation of supplemental savings.

Other Factors: Criteria that may result in the denial of my application.

• Application not filled out completed and truthfully.
• Incomplete or inaccurate applications cannot be processed.
• Unfavorable information for any individual applicant may result in denial of all applications for that group.
• Applicants who do not show up on time for appointment and act disrespectfully toward residents and leasing staff.
• Unable to pay complete reservation deposit at time of application and any rent due at time of lease signing.
• Applicant over 18 does not want to apply for residency.
• Unable to provide a copy of current state or government identification.
• International students unable to provide the following documents: passport, proof of current college or university full-time enrollment or current student visa along with proof of funding (such as I-20) and/or supplemental savings.
• Other applicants who are new to the country and unable to provide: passport and proof of income (such as letter of employment), and/or documentation of supplemental savings.

Sex offender registry notice:

Do not list sex offender registry information if you are a juvenile. Seattle Municipal Code (SMC) 425-633-3330.A.4 prohibits taking an adverse action based on registry information of a juvenile prospective occupant, tenant, or household member.

Do not sex offender registry information if you were a juvenile when the convictions occurred. SMC 425-633-3330.A.5 prohibits adverse actions based on registry information against adults if the convictions occurred when the individual was a juvenile.

SMC 425-633-3330.A.3 requires a legitimate business reason analysis before a landlord, or any person takes an adverse action based on registry information of an adult prospective occupant, tenant, or household member.

When considering sex offender registry information, the following factors relating to the conviction(s) that requires registry on a local, state, or national sex offender registry:

• The nature and severity of the conviction
• The number and types of convictions
• The time that has elapsed since the date of conviction
• Age of the individual at the time of convictions
• Evidence of good tenant history before and/or after the conviction occurred
• Any supplemental information related to the individual's rehabilitation, good conduct, and additional facts or explanations provided by the individual, if the individual chooses to do so.

Co-Signers

If the co-signer does not meet all the following requirements, then the cosigner will not qualify.

• RENTAL HISTORY: 1 year of verifiable rental or mortgage history with no late payments
• CREDIT HISTORY: At least 4 favorable accounts in good standing for 1 year with less than $1000 in derogatory credit
• EMPLOYMENT: 12 months with current employer
• INCOME: 4 times the rental amount of the unit in verifiable income.

Notice:

Alliance 2020 is the consumer reporting agency who will be compiling your consumer report. You have the right to obtain a free copy of your consumer report in the event of a denial or adverse action and to dispute the accuracy of the information appearing in the consumer report. All inquiries may be directed to:

Alliance 2020, Inc.
P.O. Box 4248
Renton, WA 98057
Phone: 425-633-3330
Fax: 425-633-3330

The screening fee is non-refundable.

If you plan to apply for more than one of our properties, please only submit one application and let your agent know which other property you would like to apply for.

Click Here for the Online Application