Deposit-Free Renting

We understand that moving costs can add up. To help reduce costs we encourage our qualified renters to apply to rent deposit-free, and avoid the cost of putting down a cash security deposit. Ask about Obligo’s deposit-free service today!

 
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Deposit-Free Technology Is Finally Here

The days of your security deposit money being locked away, collecting dust, are over. Residents who qualify for Obligo are not required to pay a security deposit at this community. Instead, you can give a pre-authorization, allowing your community manager to bill you up to a limited amount, just like a security deposit.

You're Still Accountable

If your community manager makes a charge against your pre-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 conventional cash deposit.

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 conventional cash deposit, you can do so using the same online process.

Deposit-Free Living Starts Here

When it's time to pay your security deposit you'll receive a secure link to join Obligo, with more details about this service. For more information, please visit www.myobligo.com.

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Don't Spend It All At Once

Obligo members have used the deposit money they saved for savings, to invest, or to reduce debt.

Questions?

If you have additional questions, or are interested in using Obligo, please connect directly with your leasing consultant.