Is LeaseLock a cosigner?

No. LeaseLock is not a cosigner or guarantor. LeaseLock is an insurance program where qualified renters pay a one-time fee for approval that simultaneously insures the property manager against lost rent in the event of renter default, replacing the need for a cosigner, guarantor, or collection of extra security deposits.

Renters get approved without hunting down friends and family to cosign, while property managers get their rent payments secured. Goodbye cosigner (your friends will thank us).

 

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