Insurent® simplifies and eases the rental process for renters, brokers and landlords/property owners. See how we’ve become the industry leader over the past 8 years.
With Insurent®, your clients can meet the tricky financial and credit requirements that might otherwise keep them from getting approved for their new apartment. You can now close more deals, and significantly increase your income. Clients can be approved within 30 minutes, and the guaranty is normally issued within 24 hours.
The Rental Lease Guarantor Service may be used in any instance where a landlord will require the renter to have a co-signer or lease guarantor.
If non-US, a minimum annual income of 27.5x the monthly rent OR cash liquid assets/publicly held securities of a minimum of 50x the monthly rent, and no US credit history required.
If an international student, a Responsible Party (normally a father or mother overseas) who has a minimum annual income of 50x the monthly rent in their home country OR cash liquid assets/publicly held securities of a minimum of 80x the monthly rent in their home country or elsewhere.
If a US student or US person with income less than 27.5x the monthly rent, the renter must have decent to good credit and a Responsible Party (normally a father or mother) who has a minimum annual income of 50x the monthly rent OR cash liquid assets/publicly held securities of a minimum of 80x the monthly rent. The Responsible Party is just a signatory on our Agreement and have nothing to do with the lease.
Sole Applicants or Applications with 2-4 Renters: Yes, your client(s) can apply for the Insurent® Lease Guaranty with no application fee and be initially qualified and receive will an Insurent® Qualification Certificate normally within 30 minutes. They can then forward all their documents to be fully approved and you and them can show the Insurent® Qualification Certificate to landlords in any of the 3,500 Insurent participating buildings to expedite the lease approval process. Once they find the apartment, Insurent will just need the building address, monthly rent and lease dates to email them an Agreement and payment instructions before issuing a lease guaranty to the landlord.
Once Insurent receives all applications that are required from signatories, each application goes through the evaluation and approval process. Insurent® requires separate applications from signatories because all signatories are bound to the rights and obligations under the lease.
A roommate who is not a signatory does not need to submit an application to Insurent.
We also qualify international students with Responsible Parties. A Responsible Party would be a person in your home country (normally a father, mother or relative) who meets either of the following tests: (i) has a minimum annual income of approximately 50x the monthly rent you are seeking or (ii) has cash liquid assets or marketable securities equal to a minimum of approximately 80x the monthly rent that you are seeking. In the event that your client is an international student or falls below the minimum 27.5x the monthly rent, please email us at firstname.lastname@example.org so we can guide you and your client through the application process.