Union Security Deposit

A small monthly fee. Not a lump-sum deposit.

Union Security Deposit lets residents pay a small monthly fee instead of a lump sum at move-in. Funds are held at Wells Fargo, and you add resident-funded revenue.

Make move-in easier. Add a revenue line.

The deposit is often the largest check a new resident writes. A monthly option frees up cash at move-in.

$0cost to the operator
45 to 60days to first revenue
Applicant, unit 318Screening and verification complete
Approved
  • Union Security Deposit offeredPresented at signing, inside the lease flow
  • Monthly fee, not a lump sumThe resident keeps cash free at move-in
  • Funds held at Wells FargoDeposit program funds sit with a national bank
  • Ledger in the platformEvery payment in one place your team can review

Trusted by leading multifamily operators

How it works

Easier move-ins. New revenue.

The program runs inside the same platform as leasing, so nothing is added to the site team's day.

1

Offered at signing

An approved applicant sees the option inside the lease flow, not in a separate tool.

2

Resident-funded

Residents pay the fee, so the revenue is new and costs the operator nothing.

3

Managed by Union

Billed and managed in the platform, with a ledger your team can sort and review.

Why residents choose it

Cash stays free at move-in.

A deposit alternative helps a resident say yes to the home they want. It is a product residents benefit from, not a junk fee.

See how leasing works on Union →
  • 01
    Lower move-in costA small monthly fee replaces the lump sum.
  • 02
    One flowApplication, screening, lease, and deposit option on one record.
  • 03
    Fast to launchFirst revenue typically lands within 45 to 60 days.

Built for real operations, not pilots.

Union screens applicants through TransUnion, verifies income through Mastercard, and holds Union Security Deposit funds at Wells Fargo.

Wells FargoHolds deposit program funds
TransUnionScreening inside the application
About Union
What operators say

The people who run on Union.

“We gave Union product feedback and changes were implemented within days. That's unheard of in our industry.”
Ciera HoutzManaging Director, Mark-Taylor Residential
“This is our third CRM. With the last two, we never had a successful implementation. Union walked us through step by step.”
Melinda HowardVP of Training and Systems, PLK Communities

A few questions worth asking.

Where are the funds held?

Union Security Deposit funds are held at Wells Fargo.

What does it cost the operator?

Nothing. Residents fund the program, so the revenue is new and costs the operator nothing.

When does the resident see the option?

An approved applicant is offered Union Security Deposit at signing, inside the same flow as the lease.

How fast can we launch?

First revenue from Union Security Deposit typically lands within 45 to 60 days of kickoff.

See how Union fits your portfolio.

Let us fly to you. First resident-funded revenue in 45 to 60 days.

Book a demo →

Not ready for a demo? Take the 3-minute product tour →

1. Request a demoOne short form.
No commitment.
2. We reach outWithin one business day,
to schedule.
3. See UnionA live walkthrough with
your questions answered.