APARTMENTS FOR RENT NYC
Apartments For Rent NYC: How To Qualify
To qualify and get approved for apartments for rent NYC you need the following:
- Authorization to work in the U.S.
- Annual income of 40 times the monthly rent
- FICO of 700 or better.
- No Housing Court record
- Savings
Apartments For Rent NYC: The Application
To apply for apartments for rent NYC you need to fill out an application and provide the following paperwork:
- Visa and or Work Permit
- Letter of Employment
- CPA Letter if self employed
- Bank statements-savings and checking
- Retirement account statements
- Landlord reference letter
- Photo ID
- Last two paystubs
- Most recent tax return
- Most recent W2 or 1099
Apartments For Rent NYC: The Letter of Employment
The Letter of Employment is very important as it proves your ability to pay the rent through your employment income.
The Letter of Employment should be:
- Written on company letterhead
- Dated recently
- Signed by someone in authority
The Letter of Employment should contain the following:
- Position held and description of duties
- Expected annual compensation including salary and bonuses
- Length of employment with the firm including past positions
- If contract employment–expected length of the contract
Apartments For Rent NYC: The CPA Letter
The CPA Letter in required of self employed individuals. The CPA Letter should be:
- Written on the CPA’s company letterhead
- Dated recently
- Signed by the CPA
The CPA Letter should contain the following:
- Length of time the CPA is associated with the applicant
- Nature of the business activity performed by the applicant
- Expected net income
Apartments For Rent NYC: For Students
Students who do not have the qualifications of employed individuals can get approved for apartments for rent NYC by providing the following:
- Current Letter of admission to the school
- Current Student ID from the school
- Guarantor
- Prepayment of rent and/or extra security deposit