Offer or acceptance letter: This is ideal if you recently started a new job or moved to attend school.References: One from a previous landlord, employer, or credit institution.Income: Pay stubs or a bank statement showing your monthly income.Identification: A driver’s license, state identification, or passport.This will allow you to get a head start by having all of your forms and records ready, making it easier to get ahead of other interested renters.Ĭompile a list of the following documents: Preparing the necessary paperwork is the key to landing your dream apartment in a competitive market. Prepare important paperwork in advance Gathering the necessary paperwork you will need will allow you to get a head start on your application. If you have a high amount owed on a credit card, you can make payments to reduce your debt before applying for rental properties. It’s wise to review both before renting to see how your credit habits are affecting you-and identify what to do to improve it. You can check your credit score for free at or get a copy of your full report at. Most landlords require a minimum score of 650 to qualify for an apartment, but this can vary. For that reason, it’s crucial to practice as many good habits as possible to improve your credit score before applying.Īccording to FICO, your credit score is calculated based on the following: The number represents how well you’ve managed paying off past debts such as credit cards and college loans. Improve your credit score before your apartment searchĮven if you’ve never rented an apartment before, landlords will want to see how responsible you are with your finances, and one of the main ways they do that is by sizing up your credit score. Here are some steps to take, based on what landlords look for and how you can prepare to make the best first impression. If you’re determined to land your dream apartment, there are plenty of ways to help your rental application stand out. So how exactly do you prove you’re a tenant a landlord could trust? You should aim to ace your rental application-paperwork you fill out that tells a landlord (or management company) pertinent details about your life that can help size you up as a tenant. With many prospective tenants to choose from, landlords can be picky, and they will prioritize applicants with a track record of paying off debts and respecting their neighbors and community. Renting an apartment isn’t as easy as waltzing in and saying “I’ll take it!”-particularly in today’s competitive rental market.
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