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Full Circle Property Management

Property Management the Vermont Way

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What are the cosigner / guarantor review guidelines?

A

What are the cosigner / guarantor review guidelines?

  1. Who is eligible to serve as a cosigner for an apartment application?
    • Cosigners must have a close familial or relational tie with the applicant and possess a verifiable US-based address.
    • While close family members or relatives are generally preferred, we may accept other willing cosigners who meet the approval guidelines.
  2. What are the financial prerequisites for a cosigner?
    • A cosigner typically demonstrates a credit score of at least 750 and a gross monthly income equivalent to or exceeding three times the monthly rent amount.
  3. Under what circumstances might an applicant qualify to secure a cosigner?
    • A cosigner may be permitted if the applicant has not had the opportunity to establish credit or cannot earn income due to circumstances such as being a full-time student or retired. Applicants with poor credit scores or a history of delinquencies will not qualify for a co-signer.
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Mailing Address
Full Circle Property Management
PO Box 4057
Burlington, VT 05406

Office Location
346 Shelburne Rd.
Hickok & Boardman Place, Ground Floor
Burlington, VT 05401

Email us
info@fullcirclevt.com

Phone: 802-864-5200
Fax:
802-860-2424
Emergency: 802-951-4432

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