Application Process & Criteria
Applications typically take 3–5 business days to process. We will contact you if additional information is needed.
Leasing Conditions
Please read carefully before signing your application.
- Smoking is not permitted inside any MidSouth Home Rentals property.
- Illegal activity, including drug use or firearms violations, will result in immediate lease termination.
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All pets must be approved and screened via PetScreening.com.
- A minimum non-refundable $300 pet fee per approved animal will apply (fee may vary based on breed and screening score).
- A minimum $25 monthly pet rent per animal is required.
Application Fees
- MidSouth Home Rentals does not charge an application fee. However, if your application is approved, a $50 Lease Processing Fee will apply.
- Cash Not Accepted.
Leasing Qualifications
To qualify for a MidSouth Home Rentals property, you must meet the following criteria:
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Proof of Income
- Two most recent pay stubs showing year-to-date earnings
- Additional documentation for: SSI, child support, alimony, retirement income, or Section 8 RTA packet
- New employment: Letter from employer on company letterhead stating start date, income, and position
- Minimum credit score of 525 required for all applicants
- Monthly net income must be at least 3 times the monthly rent, including for Section 8 voucher holders, whose portion of the rent must meet the same 3x income requirement.
- No rental judgments or evictions within the past 5 years. Exceptions may be considered if the applicant has established a positive rental history of 1 year since the eviction.
- Applicants must be able to activate utilities in their own name and provide a copy of their most recent utility bill for verification.
- All adult applicants are subject to a criminal background check; applicants convicted of felony convictions or crimes against another person are not eligible for tenancy.
- Applicants must be current on rent at their current residence, and landlord references will be verified as part of the application process.
Lease Commitment
- Once approved, a full security deposit must be paid to reserve the property.
- You will have 3 days to sign your lease.
- Possession must occur within 30 days.
- If you fail to sign the lease within that timeframe, the security deposit may be forfeited.
Important Disclosures
- Providing false information or submitting a bad check may void your lease.
- All approved applicants must take possession and begin paying rent within 30 days of approval unless otherwise agreed.
- The application becomes a part of your legal lease agreement.