3821 North Ashland Avenue #103 IRU

Description

Great opportunity for an income-Restricted Apartment, please read the entire description. In order to apply and be approvable your TOTAL HOUSEHOLD income must be BELOW: * 1 Person - $51,060 * 2 Persons - $58,320 * 3 Persons - $65,640 * 4 Persons - $72,900 Total household includes ALL members of the household including children. Income is calculated as follows: *Annual amount of employment income *Annual amount of Social Security benefits, disability benefits, child support *Consistent Zelle/Cash App payments from friends/relatives *Any asset accounts- savings, investments, mortgage *Any other account that increases your yearly income *Student loan disbursements The MINIMUM annual household income of $42,000 is required. You will also need: With application, submit 6 most recent pdf paystubs for all adults 18 and older (no photos or screenshots). If SSI benefits are being received, a copy if the benefits letter showing the benefits amount and the effective date. With application, submit 3 most recent checking and savings account pdf downloads for all accounts With application, submit any student loan disbursements paperwork, if applicable *Minimum credit of 700 for ALL adult occupants. If not 700, a cosigner with a 700 or higher credit score making 3x the rent will be allowed *No evictions, foreclosures, or landlord judgements. No bankruptcy within the past 7 years. No high debt to income ratio. No major collections or delinquencies. Any of these will result in an automatic denial

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