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  1. How do I schedule an appointment?
  2. What is required to be approved to move into an apartment.
  3. How can I estimate the approximate move in cost?
  4. What are the credit requirements to move in?
  5. Is Old Hickory Properties pet friendly?
  6. Is there a lease and what other documents will have to be signed prior to move in?
  7. Do you accept Section 8?
  8. How can I get an application?
  9. What are the discounts for good credit, employment and rental history?
  10. What is a security deposit and how is it determined?
  11. When do I need a cosigner?

1. How do I schedule and appointment?

You can schedule an appointment by call (615) 305-9103 or you can click here to create and e-mail to request and appointment. Most units can be viewed daily between 8:00 AM CST and 5:00 PM CST.

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2. What is required to be approved to move into an apartment?

You will need to obtain an application and submit it with a $35.00 application fee. The fee is for a credit report. You can receive the application when you view the apartment or it can be e-mailed to you or you can download rental application, or call (615) 305-9103 and request that if be emailed to you.

 

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3. How can I estimate the approximate move in costs?

  Application Fee       ($35.00 for first $25.00 for each additional) _______________    
( Credit Report is required on all tenants over 18 years old)     

  Apartment Rent                                                                             ______________

  Security Deposit                                                                            ______________

  Metro Water Service                                  615-832-4600            _____________

  Nashville Electric Service Deposit              615-736-6900             ______________

  Nashville Gas Deposit (If applicable)           615-734-0665             ______________

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4. From a credit standpoint what are the qualifications to move in?

The primary qualification is a good rental history and demonstration that you can afford the rent. The following are other considered:

           Your monthly income and how long you have been employed at your present job

Your rental history

A FICO score or credit score refer to below for deposit requirements

No evictions in last 5 years or pay greater security deposit/ endorser

We are looking for a history or track record that you can and do pay your rent. Discounts are available for good employment and rental history.

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5. Is Old Hickory Properties pet friendly?

Yes, a pet is allowed. To have a pet you must pay an additional non refundable deposit based on location of unit and additional rent each month. One pets allowed up to 35 pounds. Pit Bulldogs or other animals that the landlord determines to have a bad temperament  are not allowed.

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6. Is there a lease and what other documents will have to be signed prior to move in?

A one year lease is required on all properties, rules and regulations, a pet policy if applicable and a leaded paint disclosure and other required documents.

 

7. Do you accept Section 8 ?

Yes, we accept both MDHA and THDA. Old Hickory Properties has been renting Section 8 since 1997. All of units are remodeled to meet Section 8, HUD requirements. If you are applying for a unit please bring you Request for Tenancy form. It is recommended that you bring your housing voucher.

8. How do I obtain an application?

Click here to download an application.

9. What are the discounts for good credit, good income,employment and rental history?

Discounts are given for the following:

Credit Score of 725 and up with 2 years constant verifiable employment with adequate income, adequate income is verifiable income were the rent is less than 30% of net income and 2 good years verifiable rental history 5% discount.

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10. What is a security deposit and how is it calculated.

The general purpose of a security deposit is to assure that a tenant pays rent when due and keeps the rental unit in good condition. Calculation of security deposit is as follows:

Option 1 is a qualified cosigner has a credit score of 675 or better, a bank account, and owns a house in Tennessee.

Option 2: Equifax Credit Score:

Greater than 675 rent amount X 1.0
Average 625 to 675 rent amount X 1.25
Below Average 601 to 625 rent amount X 1.50
Poor Below 600 rent amount X 2.00

For Example if you Equifax credit score was 650 and the rent amount was $700.00 then your security deposit would be:

$700.00 X 1.25 = $875.00 Security Deposit

 

11. When do I need a cosigner?

A cosigner is required if your credit score is low, you have problems with prior rental history, or your income is not sufficient. Click here to download a Cosigner Application.

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