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How to Apply for Padder Guarantor

Here’s what the process looks like from start to finish.

You apply for the unit with the landlord or property manager first. If they refer you to Padder after they’ve reviewed your application, here’s what to do:

1. Visit Padder.com

  • Go to Padder.com and select 'Sign Up' or 'Get Approved'.
  • Select 'Padder Guarantor' to begin your application.

2. Create your account and enter lease details

You’ll be asked to:

  • Create a secure Padder account using your Google account or email.
  • Share basic details about:
    • Your rental unit (address, unit number)
    • Your lease (monthly base rent, lease start date)
    • Your household (who will be living in the unit)

If you have roommates, you’ll be able to add them as co-applicants so the policy covers the full lease.

3. Add roommates (if applicable)

For shared units, if you and your roommates are on the same lease:

  • You’ll be prompted to add each roommate to the application (enter their email).
  • Roommates receive an email invite to complete their application (personal details and documents).
    • Everyone listed on the lease must complete their own application.

There is one Padder Guarantor policy per lease, not one per person.

4. Upload your documents

Next, you’ll upload a few documents so we can assess risk and confirm eligibility. You may be asked for:

  • Government-issued photo ID
  • Proof of employment (job letter or contract)
  • Proof of income (recent pay stubs or income statements)
  • Proof of savings, if relevant (bank statements)
  • Visa or immigration documents, if applicable
  • Permanent Resident Card, if applicable 
  • Proof of enrollment, if you're a student 
  • Optional: Your SIN so we can run a soft credit check (no impact to your score) quickly and accurately

You can upload files securely from your phone or computer. If something’s missing or unclear, we’ll let you know.

5. Receive your decision and quote

Once all leaseholder applications and documents are complete:

  • Padder reviews your profile and lease details, typically within 24 business hours.
  • You receive a decision by email: approved, declined, or more info required. 
  • If approved, you’ll be emailed a one-time premium quote for your Padder Guarantor policy, along with a secure payment link. 

We’ll also confirm the coverage limits and policy term so you and your landlord know exactly what’s protected.

Where available at your building, approved applicants for Padder Guarantor may also be offered the option to purchase Padder Deposit.

6. Sign the agreement and pay your premium

When you receive your quote, you’ll also be sent your Padder Guarantor policy agreement via DocuSign. If you decide to move forward:

  1. Review your Padder Guarantor agreement and key terms carefully
  2. Sign the agreement electronically
  3. Pay your one-time premium using an accepted payment method (credit, debit, wire, e-transfer)

Once your payment is processed and the agreement is signed, your Padder Guarantor policy is set up for your lease and your landlord can move ahead with final approval and lease signing.

7. Coverage activates on your lease start date

Padder Guarantor does not replace your rent—you still pay rent to your landlord every month as normal.

Here’s what happens next:

  • Your landlord receives confirmation that Padder Guarantor is in place for your lease.
  • Your coverage activates on the lease start date, as long as:
    • Your lease is fully signed, and
    • Your Padder agreement is signed and paid.

From there, your policy remains in force for the agreed coverage period (up to 36 months), as long as the lease and policy conditions are met.

If anything in your lease changes (rent, dates, occupants), contact Padder support so we can confirm if your policy needs to be updated or re-issued.