How to Apply
What are the requirements to rent one of your properties?
1. All applicants must present valid government-issued photo identification
2. All proposed occupants 18 years of age or older and emancipated minors must submit a completed rental application
3. All applicants must provide proof of legal and verifiable income:
a. 2-3 recent copies of verifiable pay records and/or documentation of any other sources of legal and verifiable income (including but not limited to, alimony, child support, trust accounts, social security, disability, welfare, retirement or investment income, student grants, and/or loans or any other legal, verifiable income)
b. If you are employed, employment verification will be made either by FAX on the company letterhead or by phone. If you are not employed, your income must be legal and verifiable.
4. Rental references
The following are the requirements you will have to meet to be considered for a rental:
1. Rental History
a. No negative rental history
b. Rental references will also be verified
You will need to provide 3 years of accurate landlord references (note: per FACTA Identity Theft regulations, we report false landlord references to credit bureaus and local law authorities)
a. The Monthly Gross Income for the household is required to be at least 3x times the amount of the rent.
b. Debt to Income; If tenant has more than 25% debt to income, application will be denied. Current loans for property may be excluded if evidence that the property is rented or a family member can show proof of two months recent mortgage payments.
3. Credit History
a. Credit: This will be determined by your credit history and FICO score (Risk Predictor Score), which are reported by the Credit Bureau
i. Applicants with civil judgments, tax liens, forcible detainers garnishments, HOA assessment liens and water and sewer liens will be declined.
ii. Applicants with landlord debt within the past 7 years will be declined
iii. Applicants with eviction filings or judgments within the past 7 years
iv. Applicants with collections totaling more than $1,500 (excluding student debt or medical debts) will be declined.
v. Applicants with negative utility accounts W/I past six months will be declined.
vi. Applicants with 55% or more delinquent credit within the past 60 days will be declined.
vii. Applicants (or all applicants averaged) FICO score under 574 declined.
viii. Conditional Approval: Applicants with a credit score between 575 and 640, and applicants with no credit history who meet all other rental criteria will be permitted to rent by paying an additional security deposit.
b. Bankruptcy: Applicants with dismissed Chapter 7 or Chapter 13 bankruptcies will be declined.
- i. Conditional Approval: Applicants with discharged Chapter 7 or Chapter 13 bankruptcies within the past 3 years who meet all other rental criteria will be permitted to rent by paying an additional deposit.
c. Applicants with evictions within the past 7 years will be declined.
d. Foreclosures will negatively affect an applicant’s credit.
Residential Property permitted use: No residential properties will be leased for business purposes. Any violation of this will be cause for eviction if discovered after tenancy is granted.
APP FEE: $45.00 APPLICATION FEE, PER PERSON THROUGH THE AUTOMATED APPLICATION PROCESSING: NO PERSONAL CHECKS
IS THE APPLICATION FEE REFUNDABLE?
In order to evaluate the various applications it is necessary for Bell Properties to expend time and cost in credit reports, criminal reports, and other administrative cost. Hence, our policy that the application fee is NON-refundable. If your application is approvable, but not the approved one for the property for which you are applying based on the selection process (first completed application) you may consider applying for other available properties that we may have, without payment of an additional application fee. Your application can remain on file for 60 days. It will be your responsibility to visit our website and contact us for a property that you would like to apply with.
HOLDING DEPOSIT: All completed applications must submit a holding deposit, pending the review of your application.
After your application((s)one per adult)) are submitted, you'll have 12 hours to submit a $500 holding deposit, that will go towards your security deposit - if you're approved for the property.
If declined, this holding deposit will be refunded.
All Applicants must complete and return the background and credit check authorization
If approved, but you back out before signing a lease, this holding deposit will be prorated and a portion will be with held based on time the unit was withheld from the market, and based on the rental rate for which you were approved. Once you submit the application, you will immediately receive an email notice and details to pay the $500 deposit / holding funds. The holding deposit will be added as a payable through your applicant web-portal.
If your application is approved, all move-in fees (DEPOSIT AND RENT) must be in the form of a cashier’s check or portal payment ONLY; funds are due & payable within 48 hours. Leases will be executed within 48 hours of approval, regardless of desired move in date. If prospects fail to sign a lease and complete their lease or pay the move in costs, within 48 hours of approval, prospects may loose their approved status. If approved and non responsive, you may loose your approved status within 24 hours of approval.
If you have any questions or concerns regarding your application requirements please contact your property manager, or person that showed you the property.
BELL PROPERTIES, INC.
440 E Huntington Drive, Suite 300
Arcadia, CA 91006
Fax: 626-684-3301 Attn: Bell Properties, New Application Department
By communicating with Bell Properties, you understand and consent to your calls being recorded.
Parking and pet policies vary at each property. Assistive animals for persons with disabilities are not considered to be pets, but do require advance written approval of management. Management will handle requests for assistive animals consistent with relevant fair housing laws, which may require written verification from a reliable third party of a disability and disability-related need for an assistive animal.
Please ask if you have any questions before submitting the application.
Please sign the application where indicated, or eSign the online application. THANK YOU.
All Applicants must complete and return the background and credit check authorization, sign date and return pages 2 & 3, with your application.
BELL Properties does not discriminate on the basis of race, color, religion, national origin, sex, handicap/disability, familial status, marital status, age, ancestry, sexual orientation, medical condition, gender, gender identity, gender expression, genetic information, source of income, citizenship, immigration status, primary language spoke, any arbitrary characteristic, perception, association, or any other basis protected by Federal, California or local law.
Application Process: Applicant completes their background check authorization and submits a complete application.
Complete application consists of:
Complete application for every resident over 18 yrs
Government issued Identification
Proof of income (taxes or two months of paystubs)
Background and previous residence authorization
Applicant paid screening fee (non-refundable)
All Tenant Applicants must screen at https://bell.petscreening.com regardless of animal, service animal, pet or no pets.
Once all items are received, the screening will be performed.
WHAT WOULD CAUSE AN AUTOMATIC DECLINE?
If we find evictions, unpaid balances due to landlords, credit score beneath the minimum requirements, insufficient income, unsatisfactory references, some convicted criminal acts; and recent bankruptcies. Unqualified occupants or pets can also be a reason for decline.
IF MY APPLICATION IS DECLINED, CAN I USE A CO-SIGNOR?
We do not accept co-signors for our properties. The applicant is required to meet the criteria for the property based on their application presented.
WHAT IF THERE ARE MULTIPLE APPLICATIONS ON THE SAME PROPERTY?
We will process all applications and offer the home to the first complete qualified applicant or completed applicant party. To be considered all applicants living in the property must complete the application and provide all necessary paperwork to complete the process. Incomplete applications will not qualify and will possibly delay the process. In that delay another interested party can complete the process and be offered the property.
If declined, applicant will be notified by phone or email.
If approved, applicant will be notified by phone or email, and provided 48 to complete their lease agreement, and provide certified funds, regardless of lease inception date. If lease is not signed and funds are not received within 48 hours, Bell Properties, Inc. reserves the right to move on to next tenant applicant. Move in funds are to be certified funds only and consist of the following:
Security Deposit: Typically 1.5 to 2x the rent, if unfurnished
First month Rent varies
Lease Administration Fee: $150
Any key or pet deposit: varies
Funds are due at time of approval (within 2 business days), regardless of desired move in date to secure the property, and the new lease. If applicant is non-responsive to email/phone calls from Bell Properties, tenant applicant may lose their approved status within 48 hours of decision.
Application fees are non-refundable .
RENTERS INSURANCE: All tenants must carry renters insurance and have proof of insurance, at time of move in. Bell Properties, Inc partners with Lemonade and policies can be initiated at www.lemonade.com/bellproperty any confirmed renters policy is acceptable. All renters must identify BELL PROPERTIES, INC. as additional insured on your renters policy. All policies must show at least $100,000 coverage. Landlords are not responsible for acts of theft or natural disaster and renters insurance will help protect you and your belongings.
Utilities must also be confirmed to be in tenants name at time of move in, or move in will be delayed and additional fee may be imposed.
Prior to move in, click here to provide us your utility account numbers and proof of insurance.
We are happy to be your new management company and look forward to a great experience! Welcome home!
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