Material Needed for Application

WHAT YOU'LL NEED TO OBTAIN AN APARTMENT

Photo ID
Social Security Number
Letter of employment -
(if new on the job - acceptance letter)
Last 2 years tax returns
Paycheck stubs
Recent bank statement
Personal reference letter
If retired - letter from your CPA
Letter of employment needs to state:
Name and address of the company
Contact person for verification with phone number
Annual salary
Length of employment and your position
You will need all of this for each applicant on the lease.
In New York City in order to qualify for your wish apartment, you
need to know that owners and landlords here require prospective tenants to earn 40 to 45 times the monthly rent.

If you can not qualify with your income you than need a guarantor.

Guarantor is generally needed if:
your credit rating is not good
your income is less than 40 times the monthly rent
you are just starting a new job (no previous work history) or
your length of employment is less than a year

Guarantor is person who co-signs your lease. He/she needs to provide all of the documents above, with one exemption - person being a guarantor needs to show income of 80 to 90 times the monthly rent. Some landlords will take only guarantors from New York State or
New York Tristate area (NY, NJ, CT) and other again guarantors throughout the country.