How It Works

At Nesturo we’re dedicated to simplifying the rental journey by offering customized rental loans to cover initial move-in expenses. Our user-friendly platform is designed to make the loan application process as seamless and efficient as possible.

Here’s a step-by-step guide on how it all works:

Step 1

Pre-Approval Application & Account Creation:

Start by filling out our pre-approval application, providing basic information about your personal and financial situation. This step will also automatically create an account for you, allowing you to view and manage your application, track your loan status, and access other features on our platform.

Get Pre-Approved

Step 2

Pre-Approval Decision & Additional Information:

Once we review your pre-approval application, you’ll receive an email informing you of our decision. If approved, you’ll be asked to complete an additional form and provide supporting documents, such as ID, proof of income, and rental history, to further evaluate your creditworthiness and reliability as a tenant.

Step 3

Verification & Final Approval:

Our team will conduct a thorough background and hard credit check to verify your identity, rental history, and the authenticity of the provided documents. Based on this evaluation, you’ll receive an email with our final approval or disapproval decision, along with any terms or conditions associated with your loan.

Step 4

Loan Approval & Disbursement:

Our team will review your application, assess your NestScore®, and determine your eligibility for a rental loan. If approved, we’ll work with you to finalize the loan terms and disburse the funds directly to your landlord or property manager, covering the first and last month’s rent.

Step 5

Loan Agreement & Disbursement:

Upon final approval, we’ll send you a loan agreement outlining the terms and conditions of your loan. Review, sign, and return the agreement to us. Once we receive the signed agreement, we’ll disburse the funds directly to your landlord.

Step 6

Loan Repayment & Completion:

Set up pre-authorized credit card transactions to conveniently repay your loan according to the agreed-upon schedule. By maintaining a positive payment history, you’ll not only successfully complete your loan but also improve your NestScore®, making it easier for you to access future loans and demonstrate your reliability as a tenant.

Step 7

Monitor Your NestScore®:

As you make timely payments and demonstrate responsible borrowing habits, your NestScore® may improve over time. A higher NestScore® can lead to better loan terms in the future and make you a more attractive tenant for landlords using our affiliated property management services.

Our commitment at Nesturo is to provide personalized support throughout the entire rental loan process. Let us help you secure your dream home without financial strain, allowing you to focus on enjoying your new rental journey.

Step 1: Registration & Pre-Approval Application

Begin your journey with Nesturo by first registering on our platform. Once registered, move ahead to our intuitive pre-approval application process. This only takes a few minutes of your time and the best part is, the results are almost immediate – you’ll receive an update on your application status within seconds. This step involves providing necessary information that allows us to understand your financial standing better.

Step 2: Dashboard Access & NestScore™ Reveal

After you’ve submitted your pre-approval application, you will be redirected to your personal user dashboard. It’s here where the magic unfolds – not only will you see the status of your application, but you’ll also get access to your unique NestScore™. Your dashboard will also display your max pre-approval amount, max term length, and the interest rate you’ve qualified for. It’s a comprehensive view of everything you need to know about your financial profile with us.

Step 3: Final Approval & Verification

Once your pre-approval application is accepted, you’re all set to move to the next stage – finalizing your application. You can access this by clicking “Finalize Application” on your profile. This is where you’ll be asked to provide additional details.

Step 4: Application Review & Disbursement

We understand that this process can feel a little nerve-wracking, but we assure you that at Nesturo, we undertake a meticulous and fair review of all applications. Once your complete application is with us, our team dives in for a thorough review.

Upon successful approval, we will send over a loan agreement for you to sign. This is your last step! After we receive your signed agreement, the loan amount will be directly disbursed to your landlord. We ensure this process is as smooth and hassle-free as possible, putting you one step closer to securing your new home.

Step 5: Loan Repayment & Completion

Set up pre-authorized credit card transactions to conveniently repay your loan according to the agreed-upon schedule. By maintaining a positive payment history, you’ll not only successfully complete your loan but also improve your NestScore™, making it easier for you to access future loans and demonstrate your reliability as a tenant.

Step 6: Monitor Your NestScore™

As you make timely payments and demonstrate responsible borrowing habits, your NestScore™ may improve over time. A higher NestScore™ can lead to better loan terms in the future and make you a more attractive tenant for landlords using our affiliated property management services.

Apply Now