What is a Jetty Deposit, and How Does it Work?

Jetty Deposit replaces a traditional cash deposit with either a one-time, non-refundable premium or a low, non-refundable monthly premium.

Instead of paying a cash security deposit, Jetty Deposit gives you the option to pay a fraction of the amount, which serves as a Jetty-backed guarantee to your property that they’ll be protected in the event that you fail to pay for damage or skipped rent.

When you apply, Jetty will ask for some basic information about you and your new place. As part of the application they will also collect your SSN and do a “soft” credit check (which doesn’t impact your credit score!). This will determine your custom price.

If you move to a new unit within the same building, Jetty will move with you with no extra paperwork to fill out. If you move out of your community altogether, just notify Jetty to stop your monthly payments (if you selected monthly payments during your application).

Jetty Deposit is available through their real estate partners at properties across the country. If you’re moving to a new rental home, ask your leasing team if they offer Jetty at your building. If they do, they’ll direct you to the correct signup page and help you get started. Contact me for help finding a Jetty Deposit property! Send Me An Email