If you haven’t screened an applicant in a few years you may not be aware of the Certification Process required on prospective tenants. Federal regulations now mandate that any rental property owner or manager who wants to receive credit details or even a leasing recommendation on their applicant, first undergo a process that shows you have a valid need for obtaining such information.
Because of these regulations RHAWA offers Full Credit Reports. The Full Credit Reports provides you with a detailed credit report on your applicant. This means you will be able to know if they have any collection accounts, what type of credit accounts they have and what their monthly payment requirement is in order to responsibly manage their credit. These reports also provide a credit score and fraud detection. It only takes one business day to complete the certification process, however don’t wait until you already have an application that needs to be processed to get certified. If you have not yet gone through the certification process contact our tenant screening department today, or visit www.RHAwa.org/certification-process.html.