Generally, having a prior eviction is not a good thing for obtaining a rental approval. There are factors our underwriters review, as part of their entire review of the application, to determine how relevant a prior eviction is to the overall approval.
1. Time since the eviction. We prefer a period of 5 years since any eviction. We will review mitigating circumstances associated with the eviction but any eviction less than 5 years old is difficult to work with. The time factor can be significantly offset though by the next factor.
2. Has Rental history been re-established? What type of referral are we able to receive? Rental history from family and friends is not as powerful as that received from a professional management company or apartment complex. Of course, a clean, trouble free reference will go a long way toward providing added comfort to any previous evictions.