Landlords & Property Managers

Secure tenants with proven ability to pay
Eliminate risk of non-payment
Attract tenants with significant liquid assets
Unburden the screening process

Prospective tenants who possess their full term rent are able to demonstrate their financial strength by using RentCertain. This simplifies the screening process and removes risk of non-payment.

For the tenant: it obviates the need to share financial information and documents, it eliminates the need of a guarantor, and it overcomes lack of established credit.

How It Works

When applying, the tenant agrees to set aside all the rent needed for the period of their tenancy.
We have a form for that: Declaration of Escrow.
If and when they are approved, an Escrow Agreement is easily generated on the site and wiring instructions are sent to the tenant.
Our Escrow agent pays the rent directly to you, the landlord.

Join Now to Accept RentCertain

“RentCertain allows my team to accept applicants
with credit issues or privacy concerns,
faster and easier than ever before.”

Alan Cusson, VP Residential Leasing
The Hamilton Company, Boston

Landlord FAQs

What is RentCertain?

RentCertain is a streamlined service that allows tenants to escrow their term rent balance. For tenants, this gives them the ability to demonstrate beyond a doubt their ability to pay their rent. In turn, landlords lessen requirements of income information and documentation.

For landlords, it gives them a larger pool from which to secure tenants as well as removes risk completely that the tenant once secured will be unable to pay rent.

Why RentCertain?

The traditional rental screening process (demonstrating income as a multiple of rent) is not indicative of true ability to pay. RentCertain is for prospective tenants such as foreign nationals and students, the newly employed and self-employed, as well as individuals who value an alternative screening process that reduces document requirements to maintain privacy.

How does it work again?

When a tenant applies to rent an apartment he simply agrees to escrow his term rent balance. We have a form for that. It’s called a Declaration of Escrow.

If and when you approve his application (subject to escrowing his term rent balance) you enter rental information on our site, the tenant will be prompted by email to e-sign an Escrow Agreement and provided with wiring instructions to fund his escrow account. Monthly rent payments can be sent to you by paper check or by EFT.

Can the tenant pull out the money?

NO. See Escrow Agreement

My rent payments will arrive as usual, no matter what?

Yes and no. Under the normal course of events, the apartment remains habitable and rent is paid punctiliously.

In the rare occurrence, due to an extraordinary event the tenant can suspend, only suspend, payments pending resolution reached through consensus or other resolution specified in the Agreement. In short, tenant funds are securely allocated to the landlord, but the tenant is given some control to suspend payments but not unilaterally withdraw funds.

Are there any requirements for a renter to use RentCertain?

No. Any renter can use it. There are no requirements and no underwriting process.

Are tenants guaranteed that their application will be approved?

No. Decisions of approving or denying an application rests solely with you, the property owner or manager.

We do tell prospective tenants that they will pass the income requirement part of the application.

Can I use RentCertain for any apartment?

Yes

What does RentCertain charge?

RentCertain charges the tenant a fee if and only if he/she is approved and the lease is executed. The flat fee is $1000. There is no charge to the landlord.

Does the tenant have to be a US resident to use RentCertain?

No. RentCertain is designed to assist non US residents. The fact that we require no financial documents is well suited for international students and those foreign nationals doing business in the US.

Can a tenant with bad credit use RentCertain? YES!

It is a perfect solution for prospective tenants that are credit-challenged?

Does the tenant get interest on his escrowed funds?

No. the default setup is that he does not earn interest. It was structured this way because interest rates are very low and interest earned brings reporting requirements, which most prospective tenants would prefer to avoid.

Where is the money held? Who is the Escrow Agent?

We have partnered with a most reputable company to provide the escrow service. The escrow agent is bonded and insured.

Ask us anything

More Qualifying Applicants

On Time Rent Payments

Reduce Vacancies

Landlords & Property Managers