Security Deposit Waiver Program

No Deposit Required! We offer a Security Deposit Waiver Program for most of our properties. Please note, our homes are owned by individual property owners and SOME of our owners have opted out of allowing this program. If this is the case, the property will require a standard security deposit. Please check to be sure the property you are applying for is eligible. This is an OPTIONAL program. If you choose the Security Deposit Waiver program, you will be responsible for an additional Security Deposit Waiver Fee that is added to your monthly rent and is due for the duration of your tenancy. The monthly fee amount will be based on the following table:

Credit Score (average of all applicant’s credit scores)

Monthly Fee (Added to rent for the duration of tenancy)

800 - 850

2% rent (OR 1 month’s rent as Security Deposit)

775 - 799

3% rent (OR 1 month’s rent as Security Deposit)

750 - 774

4% rent (OR 1 month’s rent as Security Deposit)

700 - 749

5% rent (OR 1 month’s rent as Security Deposit)

650 - 699

6% rent (OR 1 month’s rent as Security Deposit)

600 - 649

7% rent (OR 1 month’s rent as Security Deposit)

550 - 599

8% rent (OR 1.5x monthly rent as Security Deposit)

500 - 549

10% rent (OR 2x monthly rent as Security Deposit)