Leasing an Apartment/Rental Insurance

[TransplantUSA 167]

Hi everyone, 

 

So my fiance currently lives with his work colleague in a 1 bed apartment (he lives on the couch) and they're looking to move into a 2 bed apartment ready for when I get my K1 visa. I've seen some places that I like and would like to be there to view them but my fiance mentioned that I might not be able to be put on the lease as I won't have any credit history in the US or income. Is this true? Would he need to be my co-signer? Would it help if I showed them a statement of my savings account to appease any worries? 

 

Also, he mentioned that most places require rental insurance. Surely we'd only need one policy to cover the apartment rather than one policy per person? (It works in the UK by only one person taking out a policy for the total value of all belongings etc for all members)

 

Thank you in advance!

Emily

[Wuozopo 4,293]

57 minutes ago, emylady said:

but my fiance mentioned that I might not be able to be put on the lease as I won't have any credit history in the US or income. Is this true?

I've seen a lot of new immigrants mention this as a problem even after they moved over and were married. You'll have to ask at each place. 

 

Get him to call an insurance agent to ask about insuring belongings when there are roommates. You'll get better answers because insurance is different state by state. 

[Chris Duffy 1,257]

 I don't require credit application on my renters.  that would be specific by owner or property management company specific.

[Cyberfx1024 7,980]

12 hours ago, Chris Duffy said:

 I don't require credit application on my renters.  that would be specific by owner or property management company specific.

A good property manager/landlord will require a credit application, work history, and rental history for all adult applicants. But will go on a case by case basis for stuff like this.

 

I moved cross country in December and my property manager was having an issue trying to bring up my wife's credit report. I had to tell them it's not pulling it up because she has no credit she is an immigrant and thus everything is done on my credit. She was fine with this and I ended up renting the house.

Edited February 12, 2018 by cyberfx1024

[Chris Duffy 1,257]

1 hour ago, cyberfx1024 said:

A good property manager/landlord will require a credit application, work history, and rental history for all adult applicants. But will go on a case by case basis for stuff like this.

 

I moved cross country in December and my property manager was having an issue trying to bring up my wife's credit report. I had to tell them it's not pulling it up because she has no credit she is an immigrant and thus everything is done on my credit. She was fine with this and I ended up renting the house.

I have a couple of rent house. I required a high security deposit, that has been the best thing to deter people walking or people destroying or deadbeats.  It kinda weeds out the trash.

 

 

[TBoneTX 45,498]

I've screened out innumerable deadbeats by consulting their credit reports ahead of time.  Thank heaven for that ability.

[Umka36 781]

When my wife first got here (came as a K1 as well), she obvious had no credit history so they used my SSN instead. It was approved on my credit rating.

 

As mentioned earlier, any reputable rental place will do a screening for all adults. I got my rental insurance through my auto insurance company, and it list both my wife and I on the policy. My understanding is that the rental insurance is one policy per unit not per person. It's best to list all interested adult on the rental insurance policy, should anyone of you need to put in a claim (lost/stolen/fire/etc.) is my suggestion.

[TransplantUSA 167]

On 12/02/2018 at 5:35 PM, Umka36 said:

When my wife first got here (came as a K1 as well), she obvious had no credit history so they used my SSN instead. It was approved on my credit rating.

 

As mentioned earlier, any reputable rental place will do a screening for all adults. I got my rental insurance through my auto insurance company, and it list both my wife and I on the policy. My understanding is that the rental insurance is one policy per unit not per person. It's best to list all interested adult on the rental insurance policy, should anyone of you need to put in a claim (lost/stolen/fire/etc.) is my suggestion.

Thank you so much. This was something really bugging me because I can afford the rent (i'll have savings) so I guess once the time comes will just have to hope they'll let me sign with his SSN and credit!