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VeriFast

VeriFast 2026: Benefits, Features & Pricing

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On this page
  • Overview
  • Pricing and Plans
  • Features
  • User Reviews

Overview

VeriFast
VeriFast
4.7
(12)

Pricing

Starting at $9.99 per month

About VeriFast

Universally, financial verification require all applicants to answer basic questions, consent to a credit and background check, provide references, and supply documents to help “prove” their stated income. At a very high level, the current process boils down to asking applicants to self-report critical information, then provide documents and references that can be used to validate it.

To verify self-reported applicant information, leasing, lending and other decision-makers need to manually inspect bank statements/pay stubs, look for red flags on credit/background/eviction reports and research the listed references and contact them (among other tasks). While online applications expedite the process, confirming the accuracy of that information still demands old-fashioned and time-consuming leg work.

As industries move to more digitized tools, proper diligence is more important than ever. Our aim with Rentify is to remove the difficult and manually intensive elements of screening by eliminating the need for self-reporting of financial information from applicants, improving the speed and ease for all involved parties and provide accurate financial information.

Applicants can comple...

te VeriFast report in minutes, not hours because our financial verification process eliminates self-reporting and all physical documents. Instead, we use end-to-end encryption, connecting with the applicant's financial institution to allow applicants to share their financial data securely. Our algorithms then deliver insights about their income, assets and even previous history that are 100% verified, since they come directly from their transaction history.

VeriFast Screenshots

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VeriFast Pricing and Plans

Starting price: $9.99 per month
Free Trial
Free Version

Basic

$9.99

usage based, per month

No plan information available

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    VeriFast Features

    • Popular features found in Financial Risk Management
      Credit Risk Management
      Loan Portfolio Management
      Operational Risk Management
      Portfolio Modeling
    • More features of VeriFast
      Data Management
      Fraud Detection
      Income & Balance Sheet
      Performance Metrics
      Reporting/Analytics
      Reporting & Statistics
      Risk Analysis
      Risk Assessment

    VeriFast User Reviews

    Overall Rating

    4.7

    Ratings Breakdown

    5

    67%

    4

    33%

    3

    0%

    2

    0%

    1

    0%

    Secondary Ratings

    Ease of Use

    4.4

    Value for money

    4.8

    Customer support

    4.7

    Functionality

    4.8

    LL

    Lola L.

    Verified reviewer

    Real Estate

    51-200 employees

    Used weekly for less than 6 months

    Review source

    Reviewed February 2025

    Verifast is very fast and thorough!

    4

    The experience has been great once I completely figured out the dynamics of it.

    Ratings Breakdown

    4
    Ease of use
    4
    Value for money
    4
    Customer support
    5
    Functionality
    icon
    Pros:
    I like the accuracy of the information that is provided. It is more informative than our previous verification tool.
    Cons:
    I have had several complaints from prospective residents about the ease of entering their information. I just don't understand why it doesnt send the link to all applicants!

    Read More

    TL

    Teri L.

    Verified reviewer

    Real Estate

    2-10 employees

    Used weekly for less than 6 months

    Reviewed January 2022

    Rentify is Simplfying My work!

    5

    I am Enjoying Rentify so much, having a quick snapshot into the financial state of a tenant makes it way easier then guessing and taking their word. It also allows for someone with a tainted credit score to still prove they are financial above to afford the unit. I love the reports and the detail

    Ratings Breakdown

    4
    Ease of use
    4
    Value for money
    5
    Customer support
    4
    Functionality
    icon
    Pros:
    Using Rentify has simplified the work required on my end, i simply send the link, review the application and the guess work has been removed, all the extensive information is right there for me to access. Once i have review it i can shortlisted or decline the application, making it easy to access the ones i have manual approved and then get them to the leasing process
    Cons:
    I one difficulty i have experiences is that when applications come in they are filtered by unfinished, finished etc, however there's no filter to separate by unit number. If i have multiple rentals, i can to go in and match the amount to the potential rental unit, and therefore having to go back through conversations to make sure the applicant it or the right unit. Having a filter to toggle between rental units would be beneficial

    Reasons for switching to VeriFast

    Having a better financial picture into tenants true status

    Read More

    JW

    Jason W.

    Verified reviewer

    Real Estate

    2-10 employees

    Used daily for less than 12 months

    Reviewed January 2022

    Rentify Rocks

    4

    Great!

    Ratings Breakdown

    4
    Ease of use
    5
    Value for money
    4
    Customer support
    4
    Functionality
    icon
    Pros:
    The automation between applicant and application
    Cons:
    I liked the previous grouping system for applications to the current one.

    Read More

    LD

    Leo D.

    Verified reviewer

    Real Estate

    Self-Employed

    Used weekly for less than 2 years

    Reviewed January 2022

    Rentify Rocks

    5

    I'm not sure how we got along without it. I mean, now my wife and I use Rentify as our final check. First we ask applicants to fill in a Google Form, then we ask for their credit report. Then Rentify. I think Rentify is the sharpest tool in the shed!

    Ratings Breakdown

    4
    Ease of use
    5
    Value for money
    5
    Customer support
    4
    Functionality
    icon
    Pros:
    Rentify helps my wife and I screen applicants and their guarantors (if needed). I love that roommates can be lumped into the same "Applicant." Would be great if guarantors could be too. I also like the summary; the green/red flags for ID, NSF, and Credit draw my immediate attention, which is great. The reports are detailed and include the applicant's ID. Nice!
    Cons:
    I wish the reports showed everything that can be seen onscreen. For example, the NSF info, although included in the summary, does not appear in the report. Also, what happened to the score wheel? Or was it a bar chart? I remember the summary onscreen included a colourful illustration of the applicant's overall financial health.

    Read More

    AM

    Anthony M.

    Verified reviewer

    Real Estate

    Self-Employed

    Used monthly for less than 2 years

    Review source

    Reviewed August 2022

    Incredible Software for Screening Tenants

    5

    Verifast has completely changed how I screen tenants. It's given me much more confidence in making wise decisions selecting tenants. I recommend learning how to use it to EVERY real estate investor I know, and even teach a class on how to rent out your home, and highly recommend this software in that class as a part of the tenant selection process.

    Ratings Breakdown

    4
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    Pros:
    Being able to verify the financial health of tenants... it's very powerful what you're able to see into people's finances to help you make a safe & confident decision as a landlord.
    Cons:
    Can be tricky for tenants to figure out sometimes... especially the not tech-inclined demographic. Also can be trickier to connect to smaller banks/credit unions, but easily fixable through troubleshooting.

    Read More

    JB

    Jessie B.

    Verified reviewer

    Real Estate

    11-50 employees

    Used weekly for less than 6 months

    Reviewed January 2022

    Great software

    5

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    Pros:
    It is very easy to use. All I do is send an email with instructions and the link to the applicants that I'm wanting to rent to and they do the rest. Rentify has their own customer service so if there is something that an applicant is having problems with they can reach out immediately to the customer service to help them. Makes making the decision to rent to an applicant a lot easier.
    Cons:
    Better explanation on why the applicant must sign into their bank app. Some don't trust this and do not understand why they must sign in. However from everything I use the software for I have no complaints.

    Read More

    QD

    Quentin D.

    Verified reviewer

    Real Estate

    2-10 employees

    Used monthly for less than 2 years

    Reviewed January 2022

    What an Innovative Product

    5

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    Pros:
    The type of data that I have access to which helps in the decision making process. This gives me more insights than a credit report. We have found, informally that it has reduced selection of non-paying tenants by 50%, an overall savings across the portfolio for the small cost of a report.
    Cons:
    Color Scheme of the software on some of the screens.

    Read More

    JT

    Jessica T.

    Verified reviewer

    Law Practice

    2-10 employees

    Used monthly for less than 12 months

    Reviewed January 2022

    Excellent Tool

    4

    it is an excellent business resource

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    Pros:
    I find that the platform allows for me to filter through tenants and choose good application with good credentials
    Cons:
    often I find the link is offline and sometimes the features are not working. I also dislike the I cannot delete applicants

    Read More

    AK

    Amanda K.

    Verified reviewer

    Real Estate

    11-50 employees

    Used monthly for less than 12 months

    Reviewed January 2022

    Great Program

    5

    If there are issues needing troubleshooting, the techs are on it right away.

    Ratings Breakdown

    4
    Ease of use
    5
    Value for money
    4
    Customer support
    5
    Functionality
    icon
    Pros:
    Rentify has made approving tenants easy. Very user-friendly and informative.
    Cons:
    The system can be glitchy when applicants try to create a portfolio. I think this has been addressed and fixed.

    Reasons for choosing VeriFast

    Rentify offers much more information than a typical credit check.

    Read More

    JM

    Jory M.

    Verified reviewer

    Real Estate

    Self-Employed

    Used monthly for less than 2 years

    Reviewed March 2022

    Amazing!!

    5

    Top notch

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    Pros:
    Rentify was so straight forward to implement into your tenant selection process! Allowed us to verify all our applicants information
    Cons:
    While using Rentify I Didn’t find anything missing,

    Read More

    Showing 1 - 10 of 12 Reviews

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