Apartment and House Rentals






Finding your new home with a leasing counselor is the best way to ensure you have the best chance of getting into your new home! 




Shopping for a new apartment or house when we have special credit issues holding us back is time consuming.  It can be stressful, tiring and even debilitating to explain your special credit issues and then hearing the place you selected will not work with your credit score, judgements or bankruptcy.


Searching for apartments by car is costly. We send you fresh listings with pictures enabling you to narrow down your search and have you send us your selections.  By having our counselors work hard for you, you’ll save time in unnecessary application fees and background checks.   


We can help you rent the places you have already seen and we send you many new listings in your area.  All while helping you avoid unnecessary expenses.


Paying a professional a small fee will save you money.


Most of all the rental properties would want to do a background check.   You should know the difference between and background check and a credit check to overcome the acceptance challenge.   


Credit check charges are generally within the range of anywhere between $35 to as high as $150 per inquiry.  Not only will that add up quickly, you may also see your credit score go down on each inquiry.   We work with you on every place you confirm availability to avoid having to do an unnecessary and costly credit check.


Once this is done, we call ahead to help you get into your new apartment or house rental.


We can make your search easier and more successful!


Our senior leasing counselors are experienced landlords.


Your case workers and counselors will help you prepare a better presentation to the landlords and personally advocate your case for being a good tenant to them. Remember, mostly everyone has a real good reason for having an interruption on their lease or debt payments. It is more successful to convince a third party property manager you are justified in getting the rental, than pleading your case alone.





Factors to Consider When Renting with Bad Credit


You May Have to Pay More Up-front 


This could be in terms of your security deposit or even paying a couple months in advance. Let’s say you don’t have a rental history. This could be a red flag for landlords. It may put them at ease if you agree to pay the first few months in full before moving in.

Increasing your security deposit is another option. This route is more enticing to the landlord because it adds an extra bit of financial security in case you were to back out of the lease.


Avoid Apartments That Require Credit Checks

This seems pretty obvious, right? If you have bad credit, only apply to places that don’t require credit checks. You may find that your options are limited, but you can start by checking out websites such as Craigslist or the classifieds section of the newspaper. Many owners place advertisements in these sections and usually clarify whether or not they require a credit check.


Budget Extra Time for Your Apartment Search

If you have poor credit, you may want to factor in additional time for your search. Finding a suitable apartment that will accept your application could take time.

You don’t want to be put in a situation where you have to accept a higher rent payment because you’re out of time and have to move. The more research you do, the more options you will have to make the best decision possible.


Options for Renting with Bad Credit

Don’t get discouraged! There are plenty of options for renting an apartment with little to no credit. It may just require a little more effort.


Seek a Co-Signer for Your Contract

If you feel that your credit score is unsatisfactory, find someone to co-sign with you. Considering you believe your own score isn’t very good, it might be difficult to find someone to co-sign with you, but it’s worth a shot.

If you go this route, keep in mind that if you miss rent payments, the co-signer is liable for your payments. This could put negative remarks on the co-signer’s credit if something were to go wrong. This is the risk co-signers take when they accept this responsibility.


Negotiate Your Contract

Remember, everything is negotiable. Landlords want to fill their space. The longer it remains vacant, the longer they aren’t receiving funds for the property.

Before you begin negotiations, call the landlord or rental office and understand what’s required in order to rent the apartment, by understanding the requirements, you can better negotiate terms for the contract. Doing your homework in advance could give you the extra information needed when negotiating your contract.


Get Letters of Recommendation

Just like with references for a job, it’s beneficial when people can vouch for you. Contact people with whom you’ve had a successful financial relationship, such as your bank or previous landlords. Obviously, don’t list any references that you missed payments with since that might not help your case.

This shows the landlord that you are willing to go the extra mile to get the apartment.


Options for Renting with Bad Credit, No Co-Signer and Low Income

If no one will come to your rescue to write a reference letter or co-sign your contract, there are still several options you can pursue to find the apartment of your dreams.

Search Outside the City Limits

Apartments within the city are more sought after than outside the city limits. Look for different neighborhoods that may not be as competitive. If you are OK with commuting a little bit farther to work, you may be more successful.


Consider a Roommate

This may not be your first choice, but it could give you time to build your credit and find another apartment in the near future. If you can find a roommate with good credit, have their credit score pulled instead of yours. Then you could sublease directly from your roommate.

The other option could be to move in with someone who is seeking a roommate. They may have an extra bedroom they are trying to fill to make a little extra cash or subsidize their rent payments. You could ask your friends and family or search on a website, such as Craigslist.


Having poor or no credit is not the end of the world. You will be able to find an apartment to meet your needs. In the meantime, work toward increasing your credit and maybe next time you won’t have to jump through hoops to get the home or rental of your dreams.

While not always effective immediately, it may improve your chances of finding a better apartment if you can explain the errors on your report to your potential landlord, but you need to be prepared with proof. For example, if your credit report says you missed a payment, bring the payment confirmation when applying for an apartment.


Have  you tried renting an apartment with bad credit?

Call Home and Apartment Finders 518-430-0006 To Learn Your Options.