You can use a SnapRent loan for anything you need, up to the amount of your security deposit. Whether it’s broker fees, moving expenses, or other costs that matter to you, the choice is yours.

SnapRent always gives you your requested funds directly.

You can apply up to one month before or two months after moving into a new rental unit.

1. SnapRent sends you the full amount of your security deposit. Use it for your deposit, broker fees, or any moving expenses.

2. Set up automatic payments or pay manually each month. Payments add just 1% to your monthly rental expenses – think a couple sandwiches or a cheap dinner.

3. Wait until your deposit is refunded to pay us back, or pay us on your own schedule. No prepayment fees.

4. Extend your loan for free if you stay in your lease for over a year.

This feature is in the works! Meanwhile, just email us if you’d like to do this and we'll make it happen for you.

Applying won’t affect your credit score. Accepting a loan may cause a temporary dip, but it should recover once you start on-time payments.

We cover your security deposit, but not your damages. You’ll need to pay for damages out-of-pocket, but we can always refinance if you’re not ready to pay yet.

We also provide guides for moving in, moving out, and getting as much of your security deposit back as possible. If you need additional support, just let us know.

Currently, SnapRent is only available in New York. Let us know if you'd like to see us in your area!

You can always pay off any portion of your SnapRent loan early. No extra fees.

SnapRent gives you a three-day grace period after the due date of your bill to make your payment. After that period, you will be charged a $7 late fee. Missing multiple payments can also have a negative impact on your credit score, but making them on time will give it a boost!