No Security Deposit Option
Deposit-Free Renting
To Qualified Renters
We understand that moving costs can add up. To help reduce costs we are proud to offer deposit-free renting to our qualified renters to apply, and avoid the cost of putting down a cash security deposit.
Residents that qualify for Obligo are not required to pay a security deposit. Instead, you can give a secure billing authorization, allowing your property manager to bill you up to a limited amount, just like a security deposit.
Don’t Spend It All At Once
- Use your deposit cash to invest , save or spend.
- Move in right from your phone. No need to go to the bank.
- No waiting for your deposit back via snail mail!
You’re Good For It
Obligo will securely test your bank account and available credit to see if you qualify for the deposit-free option. If you don’t qualify, or if you prefer to pay a traditional deposit, you can do so using the same online process.
You’re Still Accountable
If your property manager makes a charge against your billing authorization, you will be able to pay the balance in installments using the payment method of your choice. Unreasonable charges may be disputed – just like a traditional deposit.
Instantly Qualify
When it’s time to pay your security deposit you will receive a secure link to join Obligo, For more details about this service visit www.myobligo.com.
