Thank you for your interest!
We look forward to a great relationship.
Please read and understand the following before applying.
Real Estate Agents
We are happy to work with you! Please email your client's completed application, AD, TRBC to mail@805leasing.com and inform us your client is represented by you. Your client will still need to apply online. Please call Kristen directly with any questions :)
Applicants
If you are applying through a real estate agent outside of our brokerage, due to regulations, we must communicate through your agent.
If you are applying directly through our office, we will communicate directly with you.
Incomplete submissions cause delays, and no one likes delays. So, please submit a complete application including all requested supporting documentation. Complete applications are usually processed within 48-72 hours. We do our best to accomodate everyone as quickly as we can, only one application can be approved. If a different applicant is approved, you can move your application over to another of our properties at no cost, no need to rerun credit, within 30 days.
WORKING WITH A REALTOR?
We need your agent's name, phone number and email. Please have this information ready when you apply. If you are represented by a real estate agent, we must honor that agency relationship. All contractual questions, negotiations and lease execution must be communicated with and through your agent until you become our tenant.
EXISTING CREDIT PROTECTION BLOCK?
Please remove any credit protection blocks prior to applying. Credit reporting agencies do charge per inquiry. If you have a block in place, we will be forced to pull a second inquiry. Application fees are non-refundable and we dont want to incur unecessary expenses for our applicants.
What's needed to qualify?
1. Income consistent with a debt to rent ratio of 33% when factoring combined applicant gross income
2. Credit history consistent with the likelihood of timely future rent payments
3. Residential history free from property damage, deceit or unlawful detainer action.
Note:
Many applications are not strong in all three areas, we commonly use compensating factors and review reasons why an application may be weak in one area. For instance, perhaps a bankruptcy was an isolated event, and we can verify a subsequent lengthy positive payment history. Perhaps an applicant has unverifiable income, but the job makes sense while the credit and residence history is strong. We encourage letters of explanation for miscellaneous circumstances which may weaken an application. If you have questions about moving forward due to less than desirable circumstances, please inquire with your agent if you're represented or with our office if you're not represented. We do not want to process application fees and cost people money unecessarily if we think an application is likely to be denied.
APPLICANTS, CO-APPLICANTS, OCCUPANTS AND GUARANTORS
Each resident and/or guarantor over the age of 18 must submit a separate rental application. No exceptions.
* Applicant = Will be on the lease as a lessee, is financially responsible and income is included for qualification.
* Co-applicant = Will be on the lease as a lessee, is financially responsible and income is included for qualification.
* Occupant = Will be on the lease as an approved occupant, is not financially responsible and income is not included for qualification
* Guarantor = Will be on the lease as a Guarantor, is not a resident, is financially responsible, income is not used for qualification, income is used to determine Guarantor eligibility. Generally utilized if applicants show poor credit history or high debt to rent ratio.
ALL APPLICANTS MUST COMPLETE AND UPLOAD THE FOLLOWING 3 FORMS
1. Proposal to Lease
2. Verification of Residency (complete only the top half)
3. Verification of Employment (complete only the top half)
COPY & PASTE THE LINK BELOW TO DOWNLOAD THESE FORMS NOW.
THEY WILL ALSO BE AVAILABLE AT THE PROPERTY AND IN THE ONLINE APPLICATION:
https://www.dropbox.com/scl/fo/6gngys59g7re4og3s7pp6/APjZ9XVqvIis1j1L0jQG_i0?rlkey=jly2jah3bc5gfe23dddpntogp&dl=0
Upload these completed forms in the"other" section of the online application.
PLEASE UPLOAD ALL REQUIRED DOCUMENTS BEFORE YOU CLICK SUBMIT!
Failure to upload required documents will cause processing delays.
ALL APPLICANTS, GUARANTORS AND OCCUPANTS OVER 18:
- A copy of your driver’s license or valid photo identification
A PHOTO OF ANY/ALL PETS AND SERVICE/EMOTIONAL SUPPORT ANIMALS
ALL APPLICANTS AND GUARANTORS: REQUIRED INCOME DOCUMENTATION
Choose your applicable scenarios below and provide supporting documentation as described
**W2 EMPLOYEE APPLICANTS/GUARANTORS
- Completed and signed Verification of Employment form (download, print, complete, sign)
- Most recent paycheck stub *actual pay stub showing YTD totals*
- Most recent bank statement *full bank statement, no screen shots/transaction printouts*
**SELF EMPLOYED APPLICANTS/GUARANTORS
(independent contractors, 1099 recipients, cash recipients, DBA operators, Corporate Officers, undeclared income recipients)
- Page 1 & 2 of last year’s PERSONAL tax return *submit your corporate return if you like, pages 1 & 2 of personal return is still required*
- 3 month's most recent personal bank account statement *full bank statements, no screen shots/transaction printouts*
- 3 month's most recent business bank account statement *full bank statements, no screen shots/transaction printouts*
**ALL APPLICANTS/GUARANTORS INCLUDING OTHER SOURCES OF INCOME
- Child support or alimony *include actual filed court order with judicial signature*
- Pension *include pension award letter*
- Social security or disability *include official social security/disability award letter*
- Cash/undeclared income *include a letter of explanation and any proof of income, ie: cancelled checks, bank statements*
Whats Next?
Once the property owner approves the application, we will generate an "Application Acceptance" form which outlines the leasing process and a rough sample lease will be included for your review. Upon your acceptance, a cashiers check for the first full month's rent, a cashier's check for the security deposit and a signed Application Acceptance form will be required from you to secure the property. Accurate evidence of renter's insurance as outlined in the Application Acceptance form will be required to be in full force and effect throughout your tenancy and prior to your possession of the property. Applicable utilities (gas, water, sewer, electricity, etc.) must be in your name on the day you take possession of the property. This information will be provided to you in the Application Acceptance documents.
To obtain a copy of yout credit report, call 866 359 3630 or visit www.appfolio.com/consumer
Thank you!
Suite 106
Thousand Oaks, CA 91360