APPLICATION CRITERIA

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


Rental Requirements:

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

2. Income

a. Your monthly gross income (net) must be 2.5 times the amount of the rent.

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. FICO score 550 and below, will be declined.
viii. Conditional Approval: Applicants with a credit score between 550 and 699, 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.

APP FEE: $55 APPLICATION FEE PER PERSON (CERTIFIED FUNDS ONLY, ONLINE PAYMENT THROUGH THE AUTOMATED APPLICATION PROCESSING PORTALWWW.BELLPROPERTYMGMT.COM) NO PERSONAL CHECKS. APPLICATION FEES ARE NOT REFUNDABLE AFTER SCREENING REPORTS ARE PROCESSED. WE CHECK CREDIT REPORTS, COURT RECORDS, AND CRIMINAL RECORDS. ANYONE CONVICTED OF MANUFACTURE OR DISTRIBUTION OF A CONTROLLED SUBSTANCE WILL BE DENIED RESIDENCY.  

After submitting your household applications, you'll be required to pay the holding deposit of $500, prior to the application screening process.  Once your application is approved, all move-in fees (DEPOSIT AND RENT) must be in the form of a cashier’s check or online payment at time of lease signing, at least 4 days prior to move in.  

To view our full application process and approval standards, please click here

All tenants must carry renters insurance and have proof of insurance, at time of move in. Bell Properties, Inc partners with ePremium and policies can be initiated at ePremium.com; any confirmed renters policy is acceptable.  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.