How do you get an apartment co signer?

A co-signer is someone who agrees to sign a lease with you.If you don't pay your rent or break the lease agreement, he or she will be responsible for any debts you owe to the landlord.Even though the actual tenant is not living in the property, a co-signer will be named on the lease.

Prospective tenants will be screened by the landlord to make sure they are the best fit for the property.A prospective tenant will usually have to fill out a rental application.

A credit check and/or a background check may be included in the tenant screening process.It can be difficult to rent an apartment without a co-signer for the following types of tenants.

Tenants who can afford the apartment are what landlords want to rent to.To be considered for a rental, a tenant must make at least two and a half times the monthly rent.The tenant must make at least $2,500 a month if the rent is $1,000.Tenants who don't meet this criterion will need a co-signer to get a rental.

A low credit score is often considered a low score.Tenants with good credit can be landlords' tenants.Tenants with bad credit may be required to have a co-signer.

Having no credit history is a red flag for landlords.You don't have a history of paying your debts, so landlords will often require a co-signer.

If a co-signer also signs the lease to vouch for the tenant, landlords will feel more comfortable renting to a first-time tenant.

Tenants who have been evicted in the past for non-payment are not desirable.Most landlords will require a co-signer to sign the lease in order to rent to a tenant with an eviction history.

It's a business to co-sign a lease.If you want to understand the individual's finances and ethics, you need to put your personal relationship aside.Did they get into financial trouble in the past?Is it hard to hold a job?How much do they make?How much debt do they have?

Can you afford to co-sign a lease?Do you have the cash on hand to cover missed rent payments or larger debts if you don't have good credit?

You will be responsible for any other debt the tenant owes to the landlord.There is damage to the apartment that exceeds the security deposit.

Your name is on the lease and it will affect your credit if the tenant gets evicted.

Don't assume anyone agreeing to co-sign a lease is financially responsible.You need to run a credit check on them as well.