We understand that moving costs can add up. To help reduce costs we are proud to offer deposit-free renting to our most qualified renters to apply, and avoid the cost of putting down a cash security deposit.
Congratulations! Stevens Realty Deposit Free Technology is here!
There is no need to tie up your funds. 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.
Welcome To Your Deposit-Free Home
Residents who qualify for Obligo are not required to pay a security deposit at this community. Instead, you can give a secure billing authorization, allowing your community manager to bill you up to a limited amount, just like a security 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 traditional deposit, you can do so using the same online process.
Don't Spend It At All Once
Obligo members have used the deposit money they saved to invest, or reduce debt.
You're Still Accountable
If your community 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.