Cosigning with Palm Property Management
Looking to cosign a lease for a friend or loved one? We've got all the details to make it simple!
Cosigning Questions
Cosigning is a great way to help someone out, particularly if they are getting started in life, or just getting back on their feet! There are a lot of details and best practices, so review the information below for details on cosigning for an Applicant!
Why do I Need a Cosigner?
The most common reasons we see a cosigner requested include: income less than minimum requirement, credit score, high, past due, charged off or written off balances on credit reports. Our screening company sets the deposit or recommendation based on their assessed risk. We cannot say exactly why this was the case, however we would not have known until your information was screened. We can tell you that our process is comprehensive, and looks at a number of factors to assess your risk as a tenant.

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Experian Credit
When you cosign on a lease, you're making promise to uphold the terms of that legal lease agreement, meaning that you could have to pay the rent if the lessee does not.
As a cosigner, your credit could be affected whether or not the person you're cosigning with pays their rent, and our Partners at Experian have some insight on the risks of cosigning! Before you agree to the lessee's request, understand the risks and how to mitigate them.
Frequently Asked Questions
Have specific questions? Let us know!
Got more questions? We can help!