HelloRented is an online technology platform that offers a variety of credit,
insurance and tracking tools, solving problems across the rental market while saving
everyone time and money. Our innovative rental finance platform helps you manage
your risk, cut your losses, gain insight into your portfolio and earn revenue,
all in one place.
HelloRented makes renting faster, more transparent and more affordable for great
tenants - with no awkward calls for help with a security deposit to family and friends.
Tenants are still accountable for damages at the end of their tenancy, but with us,
tenants move in quickly without having to wait for a security deposit.
Landlords receive to double the protection of traditional security deposits
and significantly lower the upfront costs of their tenants.
Brokers benefit by earning more commissions. With the HelloRented instant tenant
pre-approval, brokers can spend their time and efforts on successful rental applications.
How does HelloRented work?
In this scenario, the tenant used a broker to find his apartment.
There are only 3 easy steps:
1. Broker gets instant tenant pre-approval
2. Tenant completes online application and receives a lease rental bond in 24 hours
3. Tenant signs lease and moves in!
Next scenario is if the tenant found his apartment without a broker.
Again, there are only 3 steps:
1. Tenant completes online application and receives a HelloRented bond approval certificate within 24 hours which can be shown to landlords
2. Once Tenant has found an apartment and negotiated terms, Tenant receives the lease rental bond within 12 hours
3. Tenant signs lease and moves in!
How fast is my HelloRented application approved?
Pre-approval is practically instantaneous. We will notify you or your broker as soon as you have completed
your application on our system. Once your application is submitted, give us up to 24 hours to complete the
What if I have a past eviction or bankruptcy?
HelloRented factors in a number of criteria when making application decisions. Past rental and credit history
is a strong indicator of future behavior but certainly not the only important event. We do our best to evaluate
your application in its entirety when making a final decision. The most important thing you can do is to be
upfront and comprehensive when you apply.
Is HelloRented a cosigner?
HelloRented is an insurance program where qualified renters pay a one-time fee for approval.
This simultaneously insures the landlord against lost rent in the event of renter default, replacing the need
for a cosigner, guarantor, or collection of extra security deposits. Tenants get approved without having to
pester friends and family to cosign, while landlords get their rent payments secured. It’s a win-win!
Can I apply with a roommate?
Yes. HelloRented will allow roommates to apply. You will each need to fill out a separate HelloRented
application and note that you are applying with a roommate on the application.
Are you working with all states?
Are you working with commercial buildings?
No, we work only with residential housing.
How long does it take for me to get approved?
Pre-approval is almost instantaneous. We will notify you or your broker as soon as you have completed your
application on our system. Once your application is submitted, give us up to 24 hours to complete the approval process.
What do I need to supply when applying?
SSN, proof of ID, proof of employment & income are required.
Is it safe to apply?
Yes, HelloRented takes security and safety very seriously.
I can’t connect my bank / My bank is not stated, how do I continue my application?
You can send your 3 last bank statements in pdf format to firstname.lastname@example.org if you have issues connecting your bank.
How much does HelloRented cost?
For security deposits, once the lease has been finalized, the HelloRented fee is 1% -2.5% of your total lease value, depending on your
HelloRented is FREE for property managers, real estate brokers and landlords.
When do I pay the HelloRented fee?
The HelloRented fee is paid only after you have finalized your lease agreement. Once you have connected
your bank to our platform and accepted the repayment schedule, HelloRented will notify you and your landlord
that you can commence with the lease signing.
Does HelloRented cover my late or missed rent payments?
No. HelloRented is not an insurance for the renter. If you are late or miss rent payments, your landlord will
likely commence with eviction proceedings. In fact, in order for landlords to make a claim against HelloRented
for lost rent payments, they will need to provide proof of eviction proceedings. So make sure to pay your rent
every month, on-time!
Do I pay my rent to HelloRented or the property manager?
Rent is always paid to your landlord, as usual. HelloRented is only part of the lease approval process.
Once HelloRented gets you approved, we step away and you interact with your new landlord.. Of course, we'll
still be here if you have any questions for us.
Great, who are you?
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