This is a sample Lease Guarantor Application. A guarantor cosigns the lease and assumes financial responsibility for an apartment in the event you can't afford to pay rent. This is a sample application for a guarantor.
Yes, an out-of-state person can be a guarantor! Just make sure they’re able to provide the necessary information and documents for the application.
If your guarantor has bad credit, it could be a red flag for landlords. They might ask for a different guarantor or additional paperwork to ease their concerns.
Yes, exactly! A guarantor is just another name for a co-signer. They both agree to share the responsibility of paying rent.
It usually takes a few days to get an answer. Sometimes it’s quick as a flash, but other times it might take a little longer!
You’ll typically need to share some personal details, like your name, address, income, and employment info. It's like giving a little peek into your life!
Usually, a guarantor is someone with good credit and a stable income, like a family member or close friend. It’s someone you trust to have your back.