Independent Rental Owners (IRO's) facing the challenge of finding qualified renters now have an alternative. Through our partnership with the National Apartment Association, ResidentCheck has designed a program that provides IRO's the in-depth resources used by professional management companies - at value pricing previously only available to REIT's and large-volume national property managers.

Our $10.00 individual Credit Package report includes:

  Custom Credit Approval Score
National Eviction Search (50 states)
National Check Writing History
SSN Verification
SSN Fraud Detection
Name and Address Variations
ublic Records (bankruptcies, tax liens, civil class judgments)

Our $8.00 individual National Criminal Package includes:

  National Database Criminal Check
National Sexual Predator Database Check
21 Separate Terrorist, Most Wanted, Fugitive Database Searches
Homeland Security OFAC (Office of Foreign Asset Control) Terrorist List Search

NAA's IRO members can combine both packages for additional savings.


Credit Package + National Criminal Package - only $16.00 per applicant!

The Fair Credit Reporting Act requires credit reporting agencies and tenant screening companies to qualify customers and companies to establish a legitimate purpose for purchasing a credit report. Anyone that would like to view a credit report and the trade lines must meet stringent guidelines that include a site visit of their business by a credit bureau approved certified third-party inspector. These inspection reports cost $95.00 and do not guaranty acceptance.

As an alternative to this inspection and inspection fee, ResidentCheck offers an approval decision based on your level of bad-debt risk tolerance using our multifamily-specific credit risk score model, AccuScore.

You simply determine which option you prefer and we provide you with the approval decision! It's that simple.

ResidentCheck Credit Scoring

AccuScore
ResidentCheck's predictive credit risk model, AccuScore, was designed specifically for the multifamily industry after analyzing over 1 million credit profile summaries in comparison to resident screening and multifamily collection records and has proven to reduce bad debt and delinquency.

We understand that occupancy demands often determine the amount of acceptable credit risk that is appropriate. Our custom scoring models allow you to select the risk tolerance you are comfortable with and we do the rest!

Instead of you viewing the credit bureau report and trade line details, we remove the subjective review for additional Fair Housing compliance and score the credit report based on the model you have selected.

Choose from These 3 Score Models:

Low Risk Tolerance
moderate and high risk applicants are denied.

Medium Risk Tolerance
moderate risk applicants are accepted with additional conditions, high risk applicants are denied.

High Risk Tolerance
moderate applicants are accepted with additional conditions, high risk applicants are accepted with stricter conditions.

You will also be notified of Social Security Fraud, Housing Debts, Unpaid Evictions and Criminal Convictions.

Our report will return a response of:

  Approved
Approved with Conditions (you determine the condition - additional deposit, guarantor, etc.)
Denied

How do I sign up?

1)   You must be a member of the National Apartment Association to receive these services and prices. Please note: membership in most regional and local apartment associations automatically includes NAA membership. For additional information about NAA visit www.naahq.org/membership/iroc/.
     
2) Fill out the Membership Form and once we have verified the information you have provided, a Customer Service Representative will contact you by the next business day with instructions on how to use ResidentCheck.

For added convenience, you simply pay by credit card when you order each report. A printed on-line receipt is provided for your records.



If you have further questions, please contact us at sales@residentcheck.com.

We appreciate your interest in ResidentCheck and look forward to working with you!