How do I know if I’m eligible to apply for Padder Guarantor?

If you are a renter who does not meet the landlord’s requirements to qualify for a lease, Padder Guarantor gives you an opportunity to rent the home of your dreams. Whether you’re self-employed, a recent graduate, actively seeking work, an international resident, someone with credit challenges, or you don’t meet a landlord’s income eligibility requirement, you may qualify with Padder Guarantor.

Eligibility Criteria:

1. Credit Challenges: If you have a lower credit score but can demonstrate other strengths, you may qualify.
2. Non-Traditional Employment: Entrepreneurs, freelancers, and those with multiple income streams (more than one income stream on top of primary income).
3. Recent Graduates and Students: Those who have recently entered the workforce or are still studying.
4. International Residents: People new to the country who lack an established credit profile.
5. Actively Seeking Work: Individuals in transition between jobs.
6. Income Eligibility: Applicants who do not meet the landlord’s income criteria but have other qualifying factors.

Application Timing:

• Padder Guarantor can be purchased at or before lease signing.

Note:

• Eligibility to apply does not guarantee approval.