How do you make sure you get approved for an apartment?

Here are some potential workarounds that could help your application along, even if you have bad credit.

1. Consider a cosigner.
2. Offer to pay more upfront.
3. Narrow your search to landlords who won’t pull your credit.
4. Lower your expectations.
5. Consider moving into an apartment with an established lease.

Is it bad to cosign for an apartment?

If the tenant cannot or does not pay the rent — and you’re the apartment lease co-signer – then the responsibility falls to you to pay it. If you cannot, then you are in default. Your failure to pay the rent will be reported to your credit agencies, which could adversely affect your credit score.

Do apartments call your job?

Landlords call employers to verify you are actually employed. A landlord often calls the main line of the business to see if he can reach human resources or your boss. Your landlord may also get your employment information off your credit report if your employer reports to the credit reporting bureaus.

How long does a cosigner stay on a lease?

As a general rule, unlike so many things in life, co-signing is pretty much forever. In the case of a lease, this means that the co-signer is responsible for the lease for the duration of the agreement, whether it’s a six-month lease, a yearlong lease or for some other period.

How long is a cosigner responsible for on an apartment?

one year
Understand the length of the lease In some cases, you won’t be able to negotiate or remove the co-signer from the lease. In that case, it’s important to understand that the co-signer is only responsible for the length of the lease, which is usually one year.

Do apartments verify check stubs?

The next thing you might wonder is, do apartments check if pay stubs are real? The answer is yes, and no. A traditional landlord might not go to a lot of extremes to check the validity of your pay stubs. An income-restricted building will, though.

Can a cosigner cancel a lease?

Most cosigners can’t quit the leases they’ve signed because landlords and property managers are put in a financially uncomfortable position if they release you from liability. By removing you as a cosigner, even if the tenants have good credit, the landlord or property manager gives up one source of possible payment.

Can a cosigner be removed from a lease?

Without the landlord’s consent, a co-signer cannot be removed from a lease. With the landlord’s consent, a co-signer can be removed from a lease. A lease is a binding contract that cannot be altered unless all the parties to the lease agree…