Merchants' Tenant Screening Solutions
Tenant Screening
Just one bad tenant can kill the profit line and brand image of a multifamily housing community and Merchants understands this. That is why Merchants' Tenant Background Screening Services deliver consistent and comprehensive no-read (color-coded) screening reports that empower your leasing agents to make quick and accurate decisions based on the criteria you select. With Merchants' online ResidentInsight™ you pre-determine the criteria for approving applicants, thus eliminating judgment calls by your leasing agents; we do the rest.
ResidentInsight™ can analyze any combination of tenant credit history, tenant eviction reports, nationwide sex offender, criminal searches, social security searches, FICO score, debt-to-income ratios, and more to enable you to consistently screen candidates across every property you manage. By customizing your screening packages you reduce your tenant screening costs by limiting unnecessary search sources, while maintaining the risk reduction you require.
In addition, Merchants is proud to announce that for a limited time customers signing up for Merchants' Tenant Screening Services will now receive Merchants’ SmartIDentity™ product at no cost. SmartIDentity™, Merchants' ID Theft recovery solution, covers both tenants and employees if they fall victim to Identity Theft. Call today to learn more about this industry first opportunity, and how you can differentiate your properties from your competition, by offering this valuable and timely benefit to both your tenants and employees.
Let our information and expertise help you:
- Identify high-risk applicants
- Simplify the application process
- Reduce delinquencies and evictions
- Promote a crime-free environment
- Access reports quickly and easily, 24/7
Click on the button or links below to learn more or for additional information about our products and services, call 1.800.729.0055.
ResidentInsight
ResidentInsight delivers consistent, objective recommendations for every lease decision at every property you manage. This tool evaluates statistical and rules-based criteria, to accurately predict the rental and payment performance of each applicant and return one of the following decisions: accept, review or decline. Because you select the criteria and control how it impacts the overall decision, each recommendation is guaranteed to comply with your company’s standards.
Automate and improve your screening process with these features:
- Hundreds of criteria to choose from, including credit data and income ratios
- Comprehensive criminal search
- FICO Score standard
- Customized report formats
- Management reporting tool
- User-friendly, online access
- Seamless transfer
- Cost-effective
- FACS+
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Complete Tenant Profile Reports
Save time with this bundled report containing all the information you need to qualify potential tenants. You receive an Experian® Credit Report plus tenant history information, Social Security state of origin, and apartment address summary.
Turnaround time: Instant.
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Consumer Credit Reports
Gain a complete picture of your applicant's credit history with access to reports from Experian®. Details about your potential tenant's financial health and credit status will help you predict their payment behavior.
Turnaround time: Instant.
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State Criminal Search
Search felony, misdemeanor, and corrections data within the state of your choice. Each inquiry also searches sex offender and terrorist databases at no additional charge.
Turnaround time: Instant.
County Criminal Search
Search felony and misdemeanor records in counties from all 50 states.
Turnaround time: 1 to 3 business days.
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Social Security Search
This search indicates how the applicant's Social Security number has been used in the Experian® credit database. We'll return up to 10 names and addresses associated with the input number, and validate the issue date to alert you of fraudulent activity.
Turnaround time: Instant.
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Eviction Reports
Receive eviction data from all 50 states, including landlord/tenant court filings, possession and monetary judgments, and forcible detainer information.
Turnaround time: Instant.
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Click on the button or links below to learn more or for additional information about our products and services, call 1.800.729.0055.