After applying for rental, the tenancy screening may be rejected.
If you like the property, you may be disappointed, but it is important to make preparations to make it easier to move on to the next one, rather than stopping there.
In many cases, the reason for failing the examination is not disclosed.
In many cases, if you fail the entrance examination, you will not be given a detailed reason.
Because the decisions of the management company, lender, and guarantor company are involved, there are cases where we are simply told that "this is a comprehensive decision."
Not knowing the reason can make you anxious, but you can sort out possible causes.
Common points to check
Things that are likely to be looked at during the screening include the balance between rent and income, workplace, type of employment, years of service, consistency of application details, emergency contact information, and past payment status.
If the rent is too high for your income, or if there are omissions or inconsistencies in your application, you will likely be at a disadvantage in the next screening.
Things to prepare before your next application
First, gather the necessary documents as soon as possible.
It will be easier to explain if you prepare supporting documents depending on the situation, such as ID, proof of income, letter of offer, residence card, student ID, proof of bank balance, etc.
If you have just changed jobs, are self-employed, are a foreign national, are a student, etc., it will be easier to proceed if you share your circumstances from the beginning.
You may be able to pass if you change the insurance company.
Screening standards vary depending on the insurance company.
Even if your application is rejected by one guarantor company, your property may be approved by another guarantor company or another management company.
However, if you apply for properties from the same guarantor company many times in a short period of time, your history may remain and you may be at a disadvantage. Rather than applying blindly, please consult with the person in charge before proceeding.
Review rent range and conditions
If you are worried about the screening process, it may be effective to lower the rent range a little.
When the rent decreases, the balance with income becomes better, and the impression from the screening will change. Think about where you can make adjustments, such as distance from stations, age of building, size, facilities, etc.
summary
Even if you fail the entrance examination, there is a possibility that your next application will be successful.
Even if you don't know the reason clearly, you can change the way you proceed by reviewing the rent range, documents, application details, guarantee company, and property conditions. Don't hide your concerns; sharing them first will lead to the next step.