A guarantor company helps renters get approved for apartments when they don’t meet a landlord’s financial or credit requirements. It acts like a co-signer, promising to pay the rent if the tenant can’t. This gives landlords extra security and helps renters with low income, bad credit, or no guarantor of their own secure housing.
Guarantor Companies
If you can’t find a family member or friend to be your guarantor, consider these companies with different requirements and rates. It’s highly recommended to inform landlords in New York that you have or can get a guarantor if your credit score is below 650. Mention it in your Rental Cover Letter too. If you’re unable to find a guarantor, you can contact these companies specializing in cosigning for renters, though they charge a fee for their service.
While it’s important to verify the credibility and terms of any guarantor service, here are rent guarantor companies that have been known to operate in the NYC metropolitan area:
- Insurent:
- Website: http://www.insurent.com/guarantor
- Description: Accepts tenants with less-than-perfect credit, providing a guarantor service to secure rental apartments.
- The Guarantors:
- Website: https://www.theguarantors.com/
- Description: Offers affordable guarantor and security deposit replacement services. Acts as a guarantor or covers the deposit for a fee.
- Leap Easy:
- Website: https://www.leapeasy.com/
- Description: Provides deposit replacement services through Rhino New York LLC, offering an alternative for those unable to secure a traditional guarantor.
- Jetty:
- Website: https://www.jetty.com/renters-insurance
- Description: Offers rental insurance and acts as a guarantor to assist renters in securing their desired apartments.
- Rhino:
- Website: https://www.sayrhino.com/
- Description: Provides a security deposit alternative for renters, helping them avoid the upfront costs associated with traditional security deposits.
- Insurent:
- Website: https://www.insurent.com/
- Description: Specializes in lease guarantor services, making it easier for renters to qualify for apartments by offering a financial guarantee.
- Gotham Realty Services:
- Website: https://www.gothamrealtyservices.com/
- Description: Offers rental services, including acting as a guarantor for tenants seeking to rent in the NYC area.
- Bloom Credit:
- Website: https://www.bloomcredit.io/
- Description: Provides credit improvement services, helping tenants boost their credit scores to meet rental requirements without a traditional guarantor.
- Dobler Management Company:
- Website: https://www.doblermanagement.com/
- Description: Property management company that may offer guarantor services for their rental properties in the NYC area.
- RealPage LeasingDesk:
- Website: https://www.realpage.com/leasingdesk/
- Description: Offers various leasing solutions, including guarantor services, to simplify the rental process for property managers and tenants in the NYC area.
- Insurent:
- Credit Rent Boost
Website: https://creditrentboost.com
- Credit Rent Boost offers a simple solution for tenants to boost their credit score by simply paying their rent on time. By reporting their payments to credit bureaus,
carefully review the terms, conditions, and fees associated with these services before choosing a guarantor.
