Renter FAQs

What is the Renter Access Program?

With Renter Access, Leap fills in for a guarantor or parent co-signer when required by a landlord. We replace the need for large move-in costs and co-signers.

Who can apply with Leap?

Anyone can apply for our Renter Access Program. We accept applications from students, international students, working professionals, self-employed entrepreneurs and everyone in between.

What are the requirements to qualify with Leap?

You must be 18 years or older and have the right to work or study in the U.S.

Can I get approved before I find an apartment?

Absolutely! Complete your application and we’ll identify the maximum monthly rental amount you qualify for.

FAQs

What is the Leap service fee?

Instead of dropping thousands of dollars upfront in move-in costs, applicants typically pay the equivalent of less than 1 month’s rent for Renter Access.

How can I pay the Leap service fee?

Your one-time, upfront fee will be paid before you sign your lease. Payments can be made to Leap via credit card or certified bank check.

Do all renters listed on the lease need to apply for the Renter Access Program?

Yes, if your name is on the lease you will need to apply and be accepted for the Renter Access Program. This doesn’t apply to subletting roommates.

What documents are needed to apply?

Depending on your individual situation, different documents will be required. Typically, photo ID, recent bank statements and, if applicable, copies of your student or work Visa, pay stubs and proof of paid tuition will be needed.

What is the length of the coverage?

We cover leases up to 18 months.

What does the Renter Access Program cover?

Renter Access gets you into the apartment of your choice and may eliminate the need to provide large up-front fees and deposits. Otherwise, your responsibilities as a renter are the same. You still have to pay your bills. Leap cannot protect you from missed payments or eviction—so be cool.

What is the complete application process?

  1. Applications are submitted by all renters on our website.
  2. If approved, all tenants will be contacted within 30 minutes.*
  3. Documents are collected and reviewed.
  4. All renters sign the tenant agreement and pay our fee.
  5. We will provide all necessary documents to the landlord. You’re ready to sign your lease and move in!

I’m not a U.S. Citzen, can Leap help me?

Yes! Leap accepts applications from foreign citizens with a student or work Visa and a few additional documents.

Is the Leap service fee a security deposit?

No, the service fee is a one-time payment to secure the apartment. The fee may reduce the move-in costs owed to your landlord.

What if the apartment I’ve found does not partner with Leap?

Simply provide us with the building or landlord information and we’ll reach out to them. Most landlords can be registered as a partner on the same business day. We’ll do everything we can to help secure the apartment for you.