When it comes to finding renters quickly, there might be a process that allows you to pre-approve your rental application.
But where do you start?
Prescreening (also called prescreening, prequalifying, or prescreening) tenants can make it easier to filter out those who do not meet your criteria. If you have never prescreened renters before you can read this article and get started building your pre-approval process.
Pre-Approval for Rental Property
When pre-approvals are required for rental properties, it is important to identify the minimum requirements you expect tenants to comply with. This list usually includes options such as credit scores, employment and smoking.
Minimum requirements will help you streamline your application process. Why? This helps to quickly reduce the number of qualified applicants for your rental property.
After you have established minimum requirements for your screening process, it is important to create a system that will allow you to repeat the prescreening process repeatedly. You do this to make sure you are following Fair Housing guidelines and also ensure that your screening process runs smoothly.
Additionally – If you are seeking pre-approvals to rent your units, applicants must be able to understand and follow the process
Pre-Approval Rental Application
How do you make a rental application to pre-approve tenants? Each landlord will have a different process. Some landlords prefer to communicate by phone, via email, Google forms or in person.
However, it is important to have a prequalify system with a scale that allows you to manage your pre-approvals and reject candidates if needed.
has a built-in prequalification tool that can be used to get pre-approved for a rental application. makes this form available to all applicants. You can send the links to your rental listing to them so they can apply!
also has an integrated function which allows you to approve or deny tenants depending on the prequalification questions and minimum requirements.
How Tenants Can Get Rental Pre-Approval
If you are conducting your pre-approvals by phone or email, be sure to have copies of all your questions. This will allow you to easily make notes and/or reply electronically. You can also organize documents for applicants.
If you are prescreening potential tenants by phone, ensure you have sufficient hard copies so that you can give them out to all applicants who visit your rental.
If you use for prequalification, you can email a personalized link to your listings. They will then click on the Prequalify button and be able to apply via their web browser or mobile device.
Tenants who meet the minimum criteria and have passed the pre-approval screening can be sent on to the next stage of the screening process. This is typically a background check, application and interview.
Tenant Screening & Application Process
Depending on which system is used, the process of passing tenants between the pre-approval stage and the next step in applying for a lease can be either easy or difficult.
If you are prescreening by phone, email or in person, then you will need to contact the tenant using the same method of communication that you used previously.
If applicants have been prequalified to your unit through you may invite them for a TransUnion certified tenant screening. This includes criminal, credit and eviction reports. You can do this via your web or mobile app.
And voila!
Once you find a tenant that passes all of your screening, pre-approval and application processes, your new tenant will be able to move in.
