4 Thoughts on we have excellent credit and high score but not high income. Will be have a problem finding an apartment ?
  1. Reply
    lightupthesky25
    October 28, 2011 at 4:19 am

    Most landlords will require you to make 3-4x the rent. If you don’t, you won’t qualify for the unit, regardless of how good your credit is.

    If you don’t make enough money to qualify, your landlord may ask you for a co-signer or guarantor that does make enough money.

  2. Reply
    Landlord
    October 28, 2011 at 5:01 am

    You won’t as long as you stick to about a third of your income for rent. Your credit shows your willingness to pay, but you need the ability too.

  3. Reply
    Mad Men
    October 28, 2011 at 5:29 am

    Income is what they look at in an apartment contract and your credit report but not as much because if you default all they need to-do if court papers.

    Ask you can put a higher deposit down to speed up the approval process or to make your chances better for getting approved.

  4. Reply
    WaCa
    October 28, 2011 at 5:33 am

    Landlord will want to know you have the means to pay rent, usually they request in addition to running credit, the last two paystubs. May make decision not to offer you the apartment if they feel you wont be able to afford the rent.

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    http://www.putjahmosthigh.com/MORTGAGE.htm
    http://www.putjahmosthigh.com/CREDITSCORE.htm

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