Stage 1: Apply
Submit your application directly via a link on one of our available listings. Each of your housemates/roommates/cosigners needs to submit their own separate application.
Stage 2: Prepay
Next, you should prepay your credit/background check fee via www.fullcirclevt.com/prepay. This is a “hold” that will only be charged if we begin reviewing your applicant group.
If another applicant group is being reviewed ahead of you, then we may not contact you until your group is next in line.
You can find out the application status of a rental by viewing the top section of each of our Available Rentals. We update the application status of our rentals daily, but slight delays between reviewing applicant groups and updating the application status of rentals may occur.
- “AVAILABLE” means there aren’t any applications currently being reviewed.
- “APPLICATION PENDING” means we are currently reviewing an applicant group. You are welcome to transfer your application to another available rental by contacting leasing@fullcirclevt.com, or you can wait for us to reach out when you are next in line.
- We will contact you if the rental you applied for is no longer available, and you can sign up for listing alerts to hear about other rental options the moment they become available.
- If you hear about a new rental that meets your needs, then there’s no need to resubmit your application. Instead, you can simply contact leasing@fullcirclevt.com, and we will transfer your application to another rental.
Stage 3: Application Review & Tour
You will hear from a member of our team once application review begins. We’ll share a link to schedule a tour once approved, and you can transfer your application to another rental for no additional fee if the rental you applied for is no longer available or if you decide to switch after touring the rental.
Any application transfers may result in your group moving to the back of the line of application review, so you should choose carefully when selecting your top pick at the beginning of application review.
Approval Information:
- We process applications on a first-come, first-served basis, giving priority to fully completed and accurate submissions. Applications must also align with the property’s requirements (such as pet policy and move-in date) to be considered.
- If an application does not meet approval guidelines, we will attempt to communicate the reasons within 10 business days.
- We review the entirety of an application, considering factors such as credit, income, criminal history, and housing history.
- While a lower credit score may be offset by reliable income and strong rental references, serious concerns in any one category will impact our approval decision.
- Typically, applicants should demonstrate a credit score of 650 or higher, and applicant groups should be able to show gross monthly income that is 2.5 times or higher than the monthly rent, but we may have approval options for applicants who do not meet these guidelines.
- Applicants who are close to meeting our approval guidelines but lack established housing history, or who need additional support for income or credit, may qualify for a Cosigner or TheGuarantors program. To be eligible, applicants must have a credit score of near 600 and verifiable income of approximately 1.5 times the monthly rent.
- Applicants with poor credit or significant income shortfalls may not qualify for either a Cosigner or TheGuarantors option. Factors such as significant delinquent accounts or account balances, a history of missed payments, gaps in housing history, or other factors may negatively impact an approval decision.
- You can learn more about Cosigner requirements here.
4. Why do credit history and delinquencies matter if I have enough income?
We view credit history as a measure of financial resilience. While your current income covers your monthly rent, your credit profile tells us about your ability to handle unexpected life disruptions—such as emergency medical bills, car repairs, or a temporary lapse in cash flow.
When an applicant has a history of significant delinquencies or very poor credit, it often indicates a limited “financial safety net.” In the event of an emergency, someone with limited access to credit may be forced to choose between paying for essentials—like food, electricity, or transportation—and paying their rent.
Our goal is to ensure that every resident is set up for long-term success. By requiring a certain credit threshold or the added security of TheGuarantors, we are ensuring that there is a secondary layer of protection in place so that an unexpected expense doesn’t jeopardize your housing stability.
Fair Housing Commitment: Full Circle Property Management is an equal opportunity housing provider. We do not discriminate on account of race, sex, sexual orientation, color, age, familial status, marital status, religion, national origin, U.S. military veteran status, disability, gender identity, gender-related characteristics, or because a person is a recipient of public assistance, including Section 8 housing assistance. We consider requests for reasonable accommodations for applicants with disabilities in accordance with Fair Housing laws.
