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Palace Apartments Application Approval Criteria

The following must accompany application:

  1. Applicant must provide a social security number, passport, visa or government issued ID.
  2. All occupants over the age of 18 must complete an application, credit screening, and criminal background check. Applications must be signed by all lease holders and all occupants under the age of 18 must be listed on the application.

RESIDENT HISTORY

  • 1 year of current or previous rental history in good standing is required. No rental history or rental history less than 1 year may result in an additional deposit.
  • No delinquent rental or mortgage payments.
  • Homeowners may be required to provide a copy of the home deed.

EMPLOYMENT/INCOME REQUIREMENTS

  • Applicant must have verifiable income 3 times the monthly rent.
  • Self-employment verification requires previous year tax forms and previous 3 months bank statements.
  • Other source of income such as social security, pension, trust fund, alimony, child support or disability can be verified by providing an award letter.
  • Unemployed applicants may qualify if they can provide proof that they have funds to pay for the entire lease term, which must be paid in advance.
  • An applicant who does not have adequate income, rental history, or credit may qualify with a co-signer.

CREDIT

  • Applicants with no credit history may require a co-signer or additional deposit.
  • No recent late payments on credit.
  • Accounts have been paid as agreed for a period of two years.
  • Negative items on the credit two years or older, medical debt and school loans will not be considered when qualifying an applicant.

Click here to submit an online application.

We do business in accordance with the Federal Fair Housing Law.


 

Married Applicants
Married applicants may submit a single application. Applicant (spouse 1) and Co-Applicant (spouse 2) information must be completed in its entirety.


 

Pets
Residents with pets must abide by the Palace Apartment's Pet Policy. Click here to view the policy.





 

The Palace Apartments
Contact Us: 918.582.8100

324 S. Main Street, Tulsa, OK 74103 | Email

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