Need A Co-Signer ? Use one of Ours....

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What are corporate housing co-signers?

 

Corporate housing co-signers are companies that provide housing co-signing services for renters who may have credit issues preventing them from renting an apartment or home using their own social security number. The corporate co-signer uses their company’s or representative of the company's good credit score and proof of income to get an approval for the rental selected by the customer. The customer is submitted as the primary occupant that will be residing in the residence on the application.     

 

How does the process work?

1. First, you must meet the income requirement of at least $1500.00/m. 

2. Pay the enrollment fee into the housing co-signer program of $175.00 

3. Find and select the apartment or home you require a co-signer's assistance on.

4. Pay the service fee, which is equal to one month's rent.  

2. The co-signer fills out the application on your behalf in the co-signer section of the application. Your name will be submitted as the primary occupant that will be residing on the property. 

4. After approval, move in.

  Benefits of Having A Co-Signer:

  • Avoid the hassle of finding a cosigner or paying extra security deposits.
  • Avoid your application being rejected because of your personal credit issues.
  • Avoid solely using your personal credit for the approval process.
  • On time rent payments are reported to credit bureaus, improving your credit.

Common Questions About Our Co-Signer Service:

Are there any additional fees?

Other than the enrollment fee of $175.00 and service fee, which equals one month's rent, there are no additional payments.   

What does your company do with the enrollment fee of $175.00? 

This fee is used for our team to organize your application, paperwork, and to do all of the leg work in helping you locate a suitable housing option based on your preferences, contact the property manager or landlord, and run a basic-level criminal background check. 

What does your company do with the service fee that's equals to one month's rent?

We have a pool of company representatives who uses their excellent credit score and high income to get our customer's approved by co-signing for them on a housing rental. 1. We pay our company representatives a fee for the service. 2. Since our company reps trust us to keep their credit score in excellent standing we deposit a percentage of funds into our company savings account. In the rare event that a customer defaults on their lease agreement, we use our savings to pay the property manager or landlord the balance owed of the leasing agreement to keep our company and representatives in good standing. This is what allows us to keep helping good people with credit issues get approved for housing.     

Is there a min. required income?

Yes, $1500.00 a month. Please also note that most apartment communities and landlords have a min. income requirement to rent from their property. As a standard measure, customers should earn double the rental amount. Example: If the rent is $1000.00, the customer's monthly income should at least be $2000.00.  

Will I have to provide my Social Security number for this program?

No, but you will be required to prove your identity and income to the property manager or landlord.  

How long does approval take?

This depends on you. The faster you provide proof of income, identity, and apartments you would like to rent the faster the process will go. This isn’t a slow application process. Our goal is to process your information and provide you your order as fast as possible.  

How does the apartment community or landlord benefit?

As corporate co-signers, the co-signer gives the apartment community or landlord a guarantee that rent will be made on time all the time, and if you, the customer, moves out early or fails to pay the rent, the responsibility falls on the co-signer to pay off the lease.  The apartment community or landlord benefits by being insured through a corporate co-signer that all payments will be made accordingly.

What are other qualifying factors?

Some apartment communities and landlords require applicants to pass a background check first.  A clean criminal history helps your case.

Can the co-signer service be applied to private rentals? 

Yes, absolutely!