Yes! Nomad offers a Security Deposit Installment Program to enhance flexibility for residents and ensure protection for property owners. This program allows residents to pay their security deposit in installments, thus making it easier for them to move into their new homes while providing owners with financial security.
Key Features:
•Installment Payments: Residents can pay their security deposit in six equal monthly installments.
•Owner Protection: In case of default, early move-out, or eviction, Nomad guarantees the total security deposit amount to the owner.
•Benefits for Owners: This includes guaranteed full security deposit coverage, reduced financial risk, and potentially lower delinquency rates.
For detailed terms and how to apply, refer to our comprehensive guide here.