Before approving a rental, the landlord checks that the applicant can pay sustainably. The most common rule of thumb is that rent should not exceed roughly a third of monthly income.
What is usually requested:
Identification. The applicant ID and, if applicable, the co-signer ID.
Proof of income. For employees, an employment letter and recent payslips. For the self-employed, bank statements and a tax return or contract certifications.
References. Commercial or personal, and sometimes from the previous landlord.
Guarantee assessment. With insurance, the guarantor runs its own review. With a co-signer, the same income documents are requested from them.
We process your data under Law 1581 of 2012 and use it only to assess the application. General information, not legal advice.