F.A.Q.

Everything you want or need to know

  • What is a guarantor?
  • What is a credit score?
  • What is the minimum credit score you accept?
  • Will you run a hard check on my credit?
  • Who are TheGuarantors?
  • Who backs TheGuarantors Agency?
  • Why do I need TheGuarantors Lease Rental Bond?
  • What is a Lease Rental Bond?
  • What is the cost/pricing to use TheGuarantors service?
  • How much does it cost to apply for TheGuarantors Agency Lease Guaranty?
  • How long does it take to get approved?
  • What are the typical minimum requirements that TheGuarantors Agency would accept?
  • I'm an international traveler, expat, or foreign student. Is TheGuarantors Agency Lease Guarantee for me?
  • What is a Responsible Party and why do I need one?
  • What if only one roommate needs to use TheGuarantors?
  • What if I don't work or I don't make 27 times the monthly rent?
  • What documents will you need from me?
  • Do I get credit for my bonus, relocation allowances?
  • Do I get credit for liquid assets I own?
  • Do I get credit for my 401-K savings?
  • What is the length of coverage?
  • Does every building accept TheGuarantors Agency Lease Guaranty?
  • Can I use TheGuarantors Agency if I haven’t found an apartment yet?
  • What are the steps and timeline for the process?
  • How can I pay the premium?
  • What happens if I break or stop paying my rent (not that I would ever do that)?
  • What is TheGuarantors Lease Guaranty?
  • Is this for subprime tenants?
  • Who is typically covered by TheGuarantors Lease Guaranty?
  • Who pays for this insurance coverage?
  • What should I do to have my units covered?
  • How much does a policy cost?
  • What are the main benefits of TheGuarantors Lease Guaranty?
  • How long does the coverage run for?
  • How long does it take TheGuarantors to process an application?
  • I want to sublet my condo or Co-op. Could my unit get covered by the Lease Guaranty?
  • Do I need to change my processes and procedures?
  • Who would pay for the claims?
  • What should I do in case of default?
  • When do you pay losses?
  • In case of default, does TheGuarantors Agency cover the costs of eviction, legal fees or late fees?
  • What is the landlord portal?
  • How do landlords sign up for the landlord portal?
  • What is TheGuarantors Lease Guaranty?
  • Is this for subprime tenants?
  • Who is typically covered by TheGuarantors Lease Guaranty?
  • Who pays for this insurance coverage?
  • How much does a policy cost?
  • How do we compute these fees?
  • How long does coverage run for?
  • How long does it take TheGuarantors to process an application?
  • My client wants to sublet their condo or co-op. Could this unit get covered by the Lease Guaranty?
  • What are the typical minimum requirements that TheGuarantors Agency would accept?
  • How do brokers sign up for the broker portal?