The Market [ SPONSORED ]

Insurent: Making NYC more accessible one rental at a time

By Insurent | August 13, 2012 - 9:57AM

ADVERTORIAL

As the first and only guarantor-for-hire, Insurent Lease Guaranty has helped thousands of renters score NYC apartments even after they flunk the strict income and employment requirements set by landlords.

Here's what you need to know in order to trade a lifetime of scary Craigslist sublist for your name on a lease instead:

1. Who can use Insurent?

So long as your credit record is decent to good, Insurent can help if you fall into one of these categories:

Employed with an annual salary of at least 27.5x monthly rent (versus the 40-50x typically required by landlords)
Non-U.S. person who is employed with minimum annual income of 27.5x the monthly rent or has cash liquid assets or marketable securities (here or abroad) of at least 50x the monthly rent [no U.S. credit required]
Unemployed or retired U.S. resident with cash liquid assets or marketable securities of at least 50x the monthly rent
Self-employed
U.S. and international student with a responsible party (normally a father, mother or relative) here or overseas who has a minimum annual income of 50x the monthly rent or has cash liquid assets or marketable securities equal to a minimum of 80x the monthly rent. (No U.S. credit required for international students.)

2. How much does it cost?

The average cost is about 80% - 90% of one month’s rent for US parties, and 110% if you are foreign with no U.S. credit.

3. How long will it take?

Insurent understands that speed is critical in a rental market as competitive as New York City. Insurent is faster and simpler than the normal guaranty process. Click here to apply online and find out whether you’re approved in about an hour; the guaranty is usually delivered to your landlord within 24 hours.

4. Which landlords take Insurent?

Insurent is currently accepted at about 1,200 NYC apartment buildings-- click here to find out which.

5. What if I have no U.S. credit history?

Insurent guarantees leases for U.S. and non-U.S. persons with no U.S. based credit history.

Insurent Lease Guaranty is the first and only institutional guarantor of residential leases in New York. To qualify and get the apartment you want, visit www.insurent.com or call 646-843-1712.

Rejected by a landlord lately? Want to get that apartment faster? Here's your secret weapon (sponsored)

Teri Karush Rogers

Founder & Publisher

Founder and publisher Teri Karush Rogers launched Brick Underground in 2009. As a freelance journalist, she had previously covered New York City real estate for The New York Times. Teri has been featured as an expert on New York City residential real estate by The New York Times, New York Daily News, amNew York, NBC Nightly News, The Real Deal, Business Insider, the Huffington Post, and NY1 News, among others. Teri earned a BA in journalism and a law degree from New York University.

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