How can I get a renter approved that doesn't meet the minimum credit requirement?

When an applicant doesn’t meet the minimum credit score requirement, Nomad offers some options to facilitate their approval:

1. Pre-Payment: Paying the full lease term upfront is a possible solution for residents with the financial flexibility to pursue this option.
2. Waiving Guaranteed Rent: Property owners have the option to waive Guaranteed Rent by signing a waiver, which can make approval possible without needing a co-signer or increased deposit.

These methods provide flexibility while ensuring compliance with Nomad’s financial security standards. If you have more questions, please reach out to your onboarding representative who can discuss your options with you.