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Frequently Asked Questions
Find answers to common questions about LyteLease and how it works.
For Landlords
For Agents
What is LyteLease?
How does LyteLease work?
How many months of rent can I advance?
What is the minimum and maximum monthly rent to be eligible to use LyteLease?
What are the fees involved?
Is LyteLease a loan and does it affect my TDSR?
What documents do I need to apply?
How fast can I receive the funds?
Who is eligible for LyteLease?
How will my tenant make rent payments after I receive the advance?
What happens if my tenant misses a payment?
What if my tenant terminates the tenancy early?
Can I use LyteLease's service for more than 1 property?
Can I apply again once once my advance period ends ?
Is my information safe with LyteLease?
How do I apply?