For Owners & Property Managers
You already collect the data. We turn it into credit.
RateLoft reports your residents' on-time rent payments to Equifax, Experian, and TransUnion. No cost to your residents, minimal cost to you, and no change to how you collect rent.
Bureaus furnished monthly
Equifax · Experian · TransUnion
Gain in credit visibility
Urban Institute RCT
Higher odds of near-prime score
Urban Institute RCT
Charged to residents
Nonprofit-run
Why owners do this
Retention
Residents who are actively building credit through your property have a concrete reason to stay, and a concrete reason to pay on time.
Differentiation
A benefit almost no comparable property offers, at near-zero operating cost. It shows up in tours, renewals and reviews.
Mission and reporting
For affordable, LIHTC and HUD-assisted portfolios, this is measurable resident impact you can report to boards, investors and agencies.
Why this matters to your residents
A thin credit file costs money: larger deposits, worse loan terms, applications turned down at the next apartment — after years of paying rent in full and on time. You are the only party who can change that, because the record already sits in your system.
That is the entire ask. You already have the data. We do the rest.
What you actually have to do
- 1
Sign a short participation agreement.
One document. No exclusivity, no lock-in.
- 2
Add our materials to the lease packet.
We supply the addendum and resident notice.
- 3
Send a monthly rent roll.
Or connect your PMS once and skip even that.
- 4
That's it.
We handle furnishing, notices, enrollment and disputes.
Typical setup: [X] weeks, [X] hours of staff time.
Works with your systems
We map standard rent-roll and ledger fields from Yardi, RealPage and Entrata. No new software is installed on your side, and nothing changes about how your team collects rent.
Other property management systems and plain flat-file exports (CSV or Excel) are supported too. If you can produce a monthly rent roll, you can participate.
Built to HUD's guidance, not around it
Consent
HUD's January 2025 positive rent reporting FAQ accepts either an opt-in or an opt-out model. RateLoft supports both and will help you choose based on your state, your investors and your existing lease.
Positive-only
HUD recommends against full-file reporting until more research exists. We report on-time payments only. Late or missed payments are never furnished.
Data limits
Under Section 904 of the McKinney-Vento Act (42 U.S.C. 3544), information collected for income verification cannot be repurposed. We take rent ledger data only.
Review
You should confirm compliance with your own state, local, investor and contract requirements. We provide documentation to support that review.
Downstream benefit
Since October 2022, FHA's TOTAL Scorecard accepts 12+ months of verified on-time rent of $300 or more in mortgage underwriting.
Source: HUD, Positive Rent Reporting and HUD-Assisted Housing FAQ (January 2025)
What it costs
Run by Flagstone Community Foundation, a 501(c)(3). Residents are never charged. For owners, setup is [minimal / none] and ongoing cost is [placeholder].
We do not sell, rent or share resident data with anyone other than the three credit bureaus, for the sole purpose of reporting on-time rent.
Who handles what
Your team
- Sign the participation agreement.
- Include our materials in the lease packet.
- Send a monthly rent roll (or connect your PMS once).
RateLoft
- Furnish data to Equifax, Experian and TransUnion.
- Maintain metro 2 formatting and furnisher compliance.
- Send resident notices and opt-out confirmations.
- Manage enrollment, withdrawals and re-enrollment.
- Handle resident disputes and bureau correspondence.
- Provide reporting for boards, investors and agencies.
- Supply compliance documentation for your review.
Questions operators ask
Partner with us
Tell us about your portfolio. We'll follow up with the participation agreement and a short mapping call.
No one should be invisible for paying what they owe.