Reduces high move-in costs for residents, increasing the pool of qualified applicants
Security deposit replacement for the term of tenancy starting at $5 per month
Flexible tenancy coverage (by property) allows the landlord to choose from $250 to 3 months of rent protection
Covers physical damage
Provides coverage to offset legal fees in the event of an eviction
Turns a cost center into a profit center!
Increases the pool of qualified residents by offering credit enhancement to declined applicants, keeping occupancy rates high
Agile lease coverage guarantees the landlord from 4 to 24 months of rent, utilities, and monthly recurring charges
Covers physical damage
Provides coverage to offset legal fees in the event of an eviction
Coverage includes re-rent shortfall in rent reduction environments
Direct-to-consumer marketing brings qualified residents to your buildings
More Coverage, Less Up-Front Cost for Every Applicant
Your residents want options. You want assurances.
Leap’s products allow landlords to expand their tenant pool, increase their NOI, and decrease their bad debt, all while reducing the friction of the leasing process.
It’s a Leap forward in leasing innovation.
Features and Benefits
DRIVE LEASING VELOCITY
REDUCE BAD DEBT
INCREASE NOI
How It Works
DEPOSIT REPLACEMENT
RENT GUARANTY
DEPOSIT REPLACEMENT
Resident
Pay a small monthly fee as low as $5 instead of a large upfront security deposit.
Property
Insured for loss of rent, physical damage, utilities, monthly recurring charges, and legal fees.
1. Resident remains responsible for damage and unpaid payments
2. Backed by A.M. Best A-(Excellent) rated property and casualty insurance company
RENT GUARANTY
Resident
Pay a one-time premium to be qualified for the lease.
Property
Property is protected from rent default and other damages.
A Leap Forward in Leasing Innovation
4.7
4.7/5
Leap gave me the opportunity to live in an apartment that I would have not been able to without them. They were very helpful and fast communicators when I contacted them. I would recommend using their service!
Jordan M. 
Leap made the process of applying really easy. They’re very responsive to any questions you may have and they send out daily email reminders about your application to ensure your place where you’re applying is held.
Jose C.
I really am thankful for this company! I would definitely use them if you need help with a co-signer. They helped answer any questions I had and made sure I was able to get everything payed for. Thank you so much
Kaylyn R.
I contacted LEAP and it was such an easy process. They act as a guarantor/co-signer when I didn't quite income qualify for my apartment. They were super prompt and provided excellent customer service.
Brittany S.
Leap currently works with
1000
+
homes in
12
