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Please lease me: 7 tips for renters

Overcoming red flags on your application
Overcoming red flags on your application

Low credit scores and a history of foreclosure make renting harder, but not impossible.

"Keep in mind that landlords are only looking out for their bottom line," Malin says. "If you do not pay rent as promised, eviction proceedings (can be) a long and expensive nightmare for landlords."

Malin advises prospective tenants to be upfront about their finances. Letters of recommendation from past landlords and employers can help a tenant qualify.

Make your case in person, if possible, Bridges says: "Many times if the representative (or owner) and you hit it off, they may forgo some of their traditional requirements."

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Mortgage Overnight Averages
Product Rate +/- Last week
30 yr fixed mtg
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15 yr fixed mtg
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5/1 ARM
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30 yr fixed mtg refi
3.64% 3.63%
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