The Problem

Residential leasing companies struggle to fill vacancies quickly due to the amount of manual work and time it takes to verify prospective residents’ identities and income. Applying for a lease is also a cumbersome experience for most prospective residents, as it takes time to gather the required supporting documentation.

The Solution

Plaid helps residential leasing companies reduce fraud and make fast screening decisions through instant income and identity verification, a seamless user experience, and automated account verification for payments.

The average time it takes to manually verify someone's income is five days. With Plaid, it takes just a couple of seconds.
Hameto Benkreira, Head of Member Growth Product, PadSplit

Plaid across the residential leasing journey

Verify residents’ identities without adding user friction

Identity Verification is the lowest friction identity verification experience for potential residents for tours and rental applications. It handles all forms of verification methods - from authoritative data source and documentary to liveness checks.

Build a simple and fast decisioning workflow

Income helps you verify anyone's income and employment with the most comprehensive, all-in-one product suite (Payroll, Bank, and Document Income).

Connect and verify accounts for payment operations

Auth instantly authenticates bank accounts for application fees, deposit fees, and rent payments so you can set up ACH payments from any bank and credit union in the US.

Balance instantly checks whether residents have enough funds for recurring rent payments, protecting against overdraft and NSF fees.

Why Plaid

Industry’s leading coverage for data partners and types

Cover ~85% of the US workforce via payroll providers, connect with 12,000+ data partners, and get access to the broadest coverage for identity documents and geographies - helping you reach more prospective residents in more places.

Why Plaid

Trusted user experience, optimized for loan application completion

Today, 1 in 4 Americans have already used Plaid to connect their financial accounts.

Our familiar onboarding flow and leading security and privacy tools give prospective residents the confidence they need to connect their financial data to your app or service and complete the application and screening flow.

Why Plaid

Seamless integration and implementation

Developer-first product development for easy implementation and configurability to fit your decisioning needs.

Questions about how Plaid can fit into your business?

Our Sales team can help you find the right solution. Fill out the form and we’ll get in touch shortly.

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This form goes to our sales team. If you have questions about connecting your financial accounts to a Plaid-powered app, visit our consumer help center for more information.