Sunday, January 26, 2014

Does a landlord usually check banking account information? and Closeup of the cartouche above the entry to the Merchants' National Bank designed by Louis Sullivan, one of his "jewel box" banks

Does a landlord usually check banking account information?



A realtor asked for my banking account information on a rental application for an apartment. Will they likely call the bank, and if so, what information are they looking for? How much i've got in the bank? THANKS


bank best answer:

Answer by CHARITY G
I do . . . but this is generally not customary . . . I allow tenants who have less than stellar credit to supply banking info instead of credit history. Generally, I want to make sure that they have the down payment (first & last & deposit) and have sufficient monthly deposits to cover the rent. If you are concerned, call the broker (the person who owns the real estate office generally speaking) and ask if this is customary. Most states have agent/broker info. online.


bank

Closeup of the cartouche above the entry to the Merchants' National Bank designed by Louis Sullivan, one of his "jewel box" banks
bank

Image by leewrightonflickr
Louis Sullivan "jewel box" bank: Merchants' National Bank in Grinnell, Iowa



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