603 Mormon St

About This Home

---- SCHEDULE A SHOWING ONLINE AT: ---- Please DO NOT DISTURB tenants in front/main home. See notes below - Thank you in advance Located in Historic Folsom this spacious studio features new wood laminate flooring throughout, an updated bathroom - vanity, medicine cabinet, separate multi-level areas for living and bedroom space, wall heat and air, indoor laundry room with washer and dryer. Spacious storage shed and adorable yard with newly covered patio with ceiling fan to enjoy year-round! Walk to Sutter Street shops and dining, Natomas Lake Recreation Area and American River Parkway. Private driveway and off street parking. Please DO NOT DISTURB tenants in front/main home. Access to this unit is via alley - DO NOT PARK IN ALLEY - MUST PARK ON STREET AND WALK THROUGH TO ALLEY Utilities included: Water, Sewer, Garbage, Gardener - Bi-Weekly Base, Gas & Electric Service - Tenant pays: a $10 administrative fee that includes, but is not limited to; utility tracking and billing, insurance compliance, 24/7 maintenance call service, tenant portal and online payment option. Restrictions: Non-smoking and No Pet home. Applications are reviewed on a first-come, first-served basis for all completed applications. All applications are processed in compliance with Fair Housing Law. Screening Guidelines: 1. All persons 18+ years old must complete an application. 2. ALL applicants who apply together must meet our Screening Guidelines for the entire application group to be accepted. 3. Any bankruptcy must be discharged. 4. Positive credit history with a minimum credit score criteria. 5. No pets unless otherwise stated on the property page of our website. 6. Co-signers: We are not accepting cosigners at this time. 7. Applicants with landlord judgments or evictions will be declined (except for COVID-protected periods). 8. Complete applications are considered on a first-come, first-served basis. 9. Applications are not considered “complete” until all the following are submitted: a. Completed Application for all occupants over the age of 18 b. Application fees received for all applicants c. Verification of ID, which can include enlarged scans of any 2 of the following: i. Current and valid driver's license or Photo ID card ii. Current passport d. Copy of social security card (preferred), W-2 or tax return with full ss# listed e. Verification of sufficient income, which can include: i. Four most recent pay stubs ii. 2 years personal tax returns (top 2 pages only) iii. W-2 iv. Connect your bank account for verification Note: All verifications of rental reference are considered based upon the first response by the owner or management. Any subsequent changes to the first response will not be given equal weight in final determination. This property requires a Tier-5 application to qualify - which means: 1. Three years of good rental references or homeownership, with no late payments. No evictions – no exceptions. 2. A minimum credit score of 650 on the Experian Credit Report we pull with at least 3 years of positive credit history: No past due accounts, collections, or judgments. Note: Credit reporting agencies weigh their scoring factors differently, and scores vary between companies and whether the credit is a soft or hard pull. 3. Verifiable, combined, gross monthly income of at least 2.5X the monthly rent amount after deducting for estimated monthly payments based on the Experian credit report (Examples - payments for Credit cards, student loans, autos loans and mortgages). a. Income Requirement Calculator: Tiner utilizes an Income Required Calculator that determines the minimum income needed for any given property and applicant. b. Verifiable cash reserves amounting to at least 12x the rent will reduce the income requirement proportionately. c. Mortgages: Monthly mortgage payments may be partly or wholly removed from the income requirement when an applicant sufficiently demonstrates that the property is selling/sold or that rental income offsets the mortgage payment. Applications are reviewed on a first-come, first-served basis for all completed applications. All applications are processed in compliance with Fair Housing Law. View any of our available properties at