If you have already found your downtown oakland apartments then chances are that you have already applied for rent and are eager to move right away. However, you might be waiting for approval and it may take quite some time. If you are a first time renter then you may ask, “How long does it usually take for an apartment application to be approved?” So, let us try to find an answer to that.
How long does it take for my loan application to be approved?
We understand your anticipation as you want to hear back from potential landlords. Approval for 1 bedroom apartments for rent Oakland, depends on various factors, and time can vary considerably from case to case. In most places, late summer and fall are typically peak rental seasons. So, potential landlords go through numerous applications before making their decisions. Landlords typically notify applicants within 2-3 business days if their application has been accepted.
However, there are ways to accelerate the apartment search process. Here are a few strategies to help you find an apartment quickly.
- Laser-Focused apartment applications may appear straightforward, yet require careful consideration to avoid mishaps. Complete all sections of the application thoroughly and answer all questions as fully as possible.
- Prepare Your Documents, Bring Them Along and Stay Organized
- Provide Your License or Passport Details
- Social Security Card and Letter of Employment
- Bank statements, W-2 forms, and tax returns if you are self-employed
- Letters of recommendation from previous landlords will greatly assist your application for an apartment.
- Your application to rent an apartment may not require all these documents. However, providing them may encourage the person approving your application to process faster. Landlords appreciate tenants who take pride in being well-prepared and attentive.
- Review the background check process and options: Landlords often conduct background checks when selecting tenants to detect pending charges or legal convictions that could impact their tenant selection process. If you’re worried about what your landlord will think, bear in mind that previous legal issues don’t always have to be deal breakers. Honesty is key when answering any background check questions. Not only will your honesty increase your chances of approval, but it could even expedite the approval process when applying for an apartment.
- Determine Your Credit Rating: How quickly you’ll be approved for apartments for rent in uptown oakland apartment is determined largely by your credit score, which can be checked with one of three reporting bureaus for free once every year. If your score falls below 500 or if your finances have been unstable in recent times, speak with the property manager or landlord in advance about how to improve your application.
- Provide References: Are you new to downtown oakland apartments living and have no rental history? To reassure landlords, bringing as many references as possible gives landlords peace of mind. Ask employers, coworkers, and any organisations where you volunteer for written references, if that is not sufficient, then consider getting a guarantor as well.
Endnotes
We will answer your question on how long it takes to get your application processed and hope you will find this information useful.