The first step is to sign up on Poppa Homes OwnerShip Program

For an application process overview, click here.

Each household member contributing to rent must present proof of income. Click here for a full list of acceptable documents

If an applicant is already working with a licensed real estate agent, they should reach out to their agent directly to discuss the Program. A real estate agent may also invite prospective applicants to apply with their custom link.

If an applicant does not have a real estate agent, our team can put them in contact with an experienced Program agent in their area after approval.

Our minimum FICO requirement is 520.

We calculate a credit score as the average credit score of all household members who will contribute to rent, weighted by the amount each household member’s income makes of the total income of the household.

Our third-party screening provider, AmRent, obtains a TransUnion Classic 08 FICO credit score for applications.

To document self-employment, we require the submission of the most recently filed tax return and last two months of personal or corporate bank statements. No joint bank accounts may be used unless all joint owners apply as leaseholders.

For a complete list of accepted income verification documents, click here.

The maximum allowable DTI is 50% of monthly income less monthly debt. The maximum allowable RTI is 40% of monthly income.

Gross income is considered when reviewing applications.

Yes, prior late payments may be considered when reviewing applications.

All part-time household members 18 years of age and older (ex. college students) must be included on the application regardless of whether they will be contributing to rent.

Due to Housing Authority requirements, we cannot accept Section 8 Housing Choice Vouchers with our Program.

Applicants can pay with Visa, Mastercard, and Discover. We do not accept American Express at this time.

For metro specific application fee information, click here.

The application portal is only able to process one payment at a time. Should there be multiple payments pending on the credit card account that have not yet posted, these payments will expire and not be charged to your account.

Our team works diligently to quickly assess all documents and application questions. Typically, applicants can anticipate the following:

If required income verification documentation is submitted for all household members contributing to rent, it will take our team 24-48 hours to process the application.

If an application is missing required income verification documentation, the processing time will be delayed up to 7 days.

An application remains active for 180 days from when you sign up for the credit program.

If an applicant needs to extend their application period, please reach out to our team for assistance.

The applicant and their agent are notified via email of the approved maximum monthly rental amount.

Our application is non-refundable as it covers various processing costs.