New York City landlords don't exactly like taking chances, and if you don't happen to earn an annual salary that's 40 to 50 times more than your monthly rent--or know someone who pulls down twice that is willing to co-sign your lease--you could end up out of the running for your dream apartment, or at least, the place you like enough that you can finally stop hunting.
Did you know landlords might also pass on you if you're a full-time student, self-employed, retired, don't have a credit history in the U.S., have cash on hand but not steady job, or are looking to have multiple guarantors for you and your roommates?
It can get pretty rough out there.
Enter Insurent Lease Guaranty, which can guarantee your lease at an average cost of about 80% of a month’s rent if you have U.S. credit and 110% if you are foreign with no U.S. credit. Insurent also makes the process faster and easier, and can often get your guaranty to the landlord in 24 hours or less.
The Insurent Lease Guaranty program is now accepted in Washington, D.C., Maryland, Virginia, Illinois, New Jersey, Massachusetts and New York. Insurent has been featured in the New York Times, The Real Deal, The New York Real Estate Journal, Real Estate Weekly and Multi-Housing News.