Cosign expands in Columbus and San Jose as rental approval pressures rise

Cosign's Columbus and San Jose launch announcements show the lease guarantor using the same underwriting pitch in very different rental markets: Columbus amid record 10.2% vacancy, slowing 0.8% rent growth and heavy concessions after a construction wave, and San Jose amid roughly 7% annual rent growth to about $3,432 and an income hurdle near $124,000. Ardent Communities in Columbus and Vasona Management in San Jose said they adopted the service to approve more renters who narrowly miss screening standards or lack a cosigner while keeping financial protections. Cosign said it evaluates payment behavior and recency rather than credit scores alone and is active in more than 500,000 units across 3,000+ communities nationwide, including thousands of units in the San Jose MSA and more than 30,000 units across California.

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