Guarantor Application Form printable pdf download

Guarantor Application Form

THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD CONSULT LEGAL, TAX OR OTHER COUNSEL BEFORE

SIGNING.

375 E. Horsetooth Road, Suite 3-100

Fort Collins, CO 80525

(970) 221-2323 Fax (970) 221-5310

Guarantor Application Form

Dear Guarantor(s):

The attached guarantor form and guarantor application are required because the applicant(s) do

not qualify for the premises for one or more of the following reason(s):

 You are listed as their major source of income.

 They do not make 2 1/2 times the rent in stable, verifiable income.

 They do not have a previous landlord reference.

 They do not have credit history.

Please complete the attached guarantor form (pages 2 & 3) and submit a $40.00 application

fee.

MNP must receive the notarized guarantor form within 48 hours from date of application.

To help expedite the process, Guarantor may fax or email the notarized copy of the

guarantor form. Please be aware that the property will be placed back on the market if the

guarantor form is not received within 48 hours.

Guarantor Qualification Requirements:

Guarantor(s) will be approved or denied based on their FICO credit score. Guarantor(s) must have a

valid social security number in order to be taken into consideration. Any FICO credit score of 600 points

or above will be approved for the credit portion of the Guarantor application. Guarantor(s) will be

denied if their FICO credit score falls under 600 points.

Guarantor(s) will be required to make a minimum of 2 ½ times the monthly rent in current verifiable

income.

This document has not been approved by the Colorado Real Estate Commission

Guarantor Application Form