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Home Rental Process at OKC Home Realty Services

home rental process okc

This article provides a guide on how to view and apply for a rental property with OKC Home Realty Services. It includes step-by-step instructions for viewing a property, applying for a rental property, and the qualifications needed to lease a property. Whether you are a first-time renter or a seasoned tenant, this guide can help you navigate the rental process with ease.

How to View a Property?

Want to view a property? Great. We can help you with that.

Step 1: Go to our website nicehome4u.com

Step 2: Click on the blue button on the top of the page that says “Houses for Rent in OKC”.

Step 3: Click on the blue button on the top of the page that says “Request Showing”.

Step 4: Scroll down to the property you want to view, and click on the blue button to the right that says request showing. Follow the directions.

How to Apply for a Property?

Step 1: Go to our website nicehome4u.com

Step 2: Click on the blue button on the top of the page that says “Houses for Rent in OKC”.

Step 3: Scroll down to the property that you would like to apply for. Click on the button that says “Apply Now”.

▶ You have the option to submit an application for the property at any time, but it’s best to view the property before you submit the application because application fees are non-refundable.

What is the Holding Deposit?

▶ The holding deposit is a deposit, the amount of the security deposit, to hold the property until the rest of the leasing process is complete.

▶ The only way you will lose your holding deposit is if we approve your application and then you change your mind.

What if you want to make sure no one rents the house from under you?

▶ If you want to make sure no one else beats you to the punch, just put down the security deposit once you are approved. We cannot hold the property unless we have the deposit.

Here Also Take a look at our Security Deposit Waiver Program and Pet Policy!

Qualifications to Lease a Property from OKC Home Realty Services

The qualifications to rent a property from OKC Home Realty Services can be summarized as income, background check, and landlord reference.

  • Your monthly take-home pay must be at least 3 times the amount of the rent. The quickest way to get verification of income is to submit your most recent 2 pay stubs, award letter, or income taxes.
  • We take section 8, but not on every property. To find out if we would take section 8 on the house you are interested in, check the website. If you are receiving housing assistance, submit that voucher when you apply. If approved, you will need to bring the original copy to our office with your holding deposit.
  • We’ll check your rental reference. We do require a reference from most current landlords, and possibly your landlord prior to that as well. So you will need to provide your landlord’s contact information (cell phone and email) in the application. 
  • The background check is several parts. One is the credit check. We don’t necessarily require a certain score, but it is taken into careful consideration, and it weighs into the decisions we make regarding screening. We also pull information from other sources about civil or criminal court filings. This shows such things as felonies, misdemeanors, evictions, etc. If you have a felony, it doesn’t automatically disqualify you. People make mistakes. They shouldn’t have to pay for them for the rest of their lives.

Process of Getting Approved For Property

Step 1: Complete the Rental Application

  • You’ll need to complete a rental application. To fill in an online application, apply for the property, and submit your details.
  • You’ll need to provide proof of your income. The most recent pay stubs from your work can provide that verification.
  • You’ll need to have your landlord’s reference from the last year.

Step 2: Allow time for processing.

How long will it take?

We’ll get it done just as soon as possible.

Sometimes it takes longer if your landlord is slow in getting back to us with a rental reference.

We promise not to leave you hanging. We’ll get you a yes or no answer just as soon as we can.

Step 3: Sign a lease, and get the keys to move in.

As soon as you are approved, we will prepare the lease for electronic signing.

By doing so, you can carefully review the lease on your timetable, and sign it when you are ready. 

FAQs

How long does it take to process the application?

It depends on how long it takes to get verification from your landlord or employer. In some cases, we can get you approved the same day. In other cases, it might take 2-7 days.

What does your income need to be in order to qualify?

Your take-home pay needs to be at least three times the rent.

What if you don’t have a rental history?

Some people don’t have rental history because it is the first time they have rented. In those cases, you will need a co-signer. Or, a person may have owned the home they lived in. In those cases, we just need some documentation such as the info on the credit report or a prior mortgage statement.

What if the applicant is self-employed?

If the applicant is self-employed, we will need some type of documentation of the income, such as bank statements, tax returns, etc.

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Author

Scott Nachatilo

Hi, I’m Scott Nachatilo and I own a property management company in Oklahoma (OKC Home Realty Services, LLC). We help landlords and real estate investors to manage their property in OKC

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