What a verified renter is in New York City
A verified renter has confirmed their identity and income before applying. A landlord or broker then sees confirmed facts instead of an unverified inquiry. On Nessoo you verify once and reuse it for every apartment, instead of sending pay stubs and bank statements to each listing.
Updated
Three things, each from the source
Nessoo verifies identity, income and assets, using Plaid for each.
Identity
A check of your government-issued photo ID through Plaid’s identity verification.
Income
First choice: sign in to your payroll provider, or upload a pay stub that is read automatically. That gives your gross pay. Otherwise, connect the bank account your pay is deposited into, and the deposits are recognized as income. Your annual income is worked out from your monthly pay.
Assets
The balances of the accounts you connect, from a Plaid asset report.
Nessoo does not pull credit reports or run background checks.
Current for 25 days
A verification is a snapshot, so it expires.
Pay and balances change. After 25 days Nessoo asks you to refresh your verification before your file can be sent again, so a landlord never sees an old result.
Your file goes where you send it
Your documents and reports go only to landlords you choose.
That happens in two ways: you send your file for a home you want, or a landlord invites you to apply and you accept. Before either, a landlord does not receive your documents. You can look at apartments and talk with Homey without verifying at all; verification is needed when you send your file or accept an invitation.
Verification is not approval. It confirms facts; the landlord still reviews them, and may run its own screening.
What a landlord applies on top
Most New York City landlords look for a yearly income of 40 times the monthly rent.
- A $3,000 apartment usually needs about $120,000 a year. A guarantor is usually asked to earn 80 times the rent. How the 40× rule works.
- Application fees are not allowed in New York, except a background or credit check fee of at most $20 or its actual cost, whichever is less. The landlord must give you a copy of the check and the receipt, and must waive the fee if you bring your own check from the last 30 days (NY Real Property Law §238-a).
- A security deposit can be at most one month’s rent (NY General Obligations Law §7-108).
Direct answers. The same answers are in this page’s structured data.
What is a verified renter?
A verified renter has confirmed who they are and what they earn before applying, so a landlord or broker sees a confirmed identity and verified income instead of an unverified inquiry. On Nessoo a renter verifies once and reuses it for every apartment.
What does Nessoo verify?
Identity, income and assets. Identity is checked with your government-issued photo ID through Plaid. Income comes from your payroll provider, an uploaded pay stub, or the deposits in the bank account your pay goes into. Assets come from your account balances.
Does Nessoo run a credit check?
No. Nessoo verifies identity, income and assets and does not pull credit reports. A landlord may run its own background or credit check; under New York law it can charge at most $20 for it.
How long does a verification last?
25 days. After that Nessoo asks you to refresh it, so a landlord never sees an old result.
Who can see my verification?
Your documents and verification reports go to a landlord only when you send your file for one of their homes or accept their invitation to apply.
Does being verified mean I am approved?
No. Verification confirms identity and income. It does not guarantee an apartment or a lease, and landlords still make their own decisions.
Is verification free?
Yes. Nessoo is free for renters.
Verify once. Use it for every apartment.
Free for renters. Start with three questions; verify when a home is worth it.
Get verified