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, most places do have a minimum income requirement for a guarantor. It's often a way to ensure that rent will be covered—like having solid ground beneath your feet.
In many cases, you can't be your own guarantor. It's like asking yourself to referee a game—might not be the best idea!
If your guarantor's application gets denied, you'll likely need to find another one. It's like looking for a missing puzzle piece to complete your picture.
The approval process can take anywhere from a few days to a week. Just be patient—good things come to those who wait!
A lease guarantor can be a family member, friend, or anyone who has a steady income and good credit. It's usually someone you trust to have your back.