Get approved for your dream home
Get approved for your dream home
Padder is the easiest and most affordable way to get into your next rental.
Working for renters
It’s simple to get started
1
Fill out our questionnaire and upload a few documents.
2
Qualify to move into your new rental in as little as 30 minutes.
3
Get approved for the home you want without breaking the bank.
Secure the keys to your new home
Our products unlock financial freedom and flexibility for all types
of renters.
Our products unlock financial freedom and flexibility for all types of renters.
Realize your rent potential
The key to your new home
Padder makes it easy to secure the place you actually want.
Your Annual Income
Without Padder
With Padder
Getting you approved
is our priority
is our priority
We work hard to process your application fast and secure you the best coverage rates. You can reach us between Monday and Saturday from 9 a.m. to 6 p.m. EST.
Contact us directly
Without Padder, I wouldn’t have been able to afford my current home. Despite having a steady income, the initial rental deposit was more than I had saved up, and there was no one I could ask to be my guarantor.
Your information is secure
Our established insurance providers have been protecting Canadians for nearly 20 years. Coverage is provided by an insurance company currently rated A- (excellent) by A.M. Best.
We’re here to answer your questions
Who is Padder?
We’re a fintech company providing insurance solutions that enhance access for renters and protection for landlords. As a licensed insurance broker, we collaborate with insurance carriers to deliver the necessary coverage.
What is Padder Guarantor?
Padder Guarantor is a bespoke insurance policy that ensures tenants meet their lease obligations throughout their tenancy. By purchasing this policy, renters can meet the qualifications to rent a home they might not otherwise qualify for. The policy covers the landlord for the duration of the lease, ensuring rent is paid even if the renter misses a payment—though the renter remains responsible for those payments to Padder.
Who pays for Padder Guarantor?
Renters pay for the insurance policy. The price is determined after they go through our underwriting process. Our Padder Guarantor covers the tenant’s lease obligations and reimburses landlords for missed rent payments.
How much does Padder Guarantor cost?
Padder Guarantor is paid for by the tenant and costs between 25% and 130% of one month’s rent. The total cost depends on the coverage selected by the property manager, the province of residence, and the tenant’s credit history.
