In general, EJF considers the following factors to qualify a tenant:


Income
•Your gross annual income (income before taxes) should be at least 42 times the monthly rent.
•You must provide written verification of your income.

Debt
•The total amount of your monthly debt (credit card payments, car loans, etc.) plus the monthly rent should
not be any more than 36% of your total income.

Credit History
•EJF will obtain a credit report on all adult applicants. The cost of the credit report is $35 per applicant.
•You must have a satisfactory credit history.
•You must not have any outstanding judgements, collection items against you.

Rental History
•EJF will conduct a nationwide check of Landlord/Tenant Court records to see if any claims were filed against
you by your current or previous landlord.
•You must provide a written reference letter from your current landlord.