A tenant lease bond lets a renter (or a landlord) put a surety bond in place of a cash security deposit — the bond stands behind the lease the way a deposit would. It is a security-deposit alternative recognized under Indiana’s landlord-tenant law (IC 32-31-3). Pricing is 2% of the bond amount, $100 minimum, with one soft credit pull for approval that never affects your score.
















No long underwriting queue for a standard lease bond — apply, a quick soft pull, and you have the executed bond. Here is the whole thing:
Your details, the bond amount your lease requires, and the effective date — plus a one-time consent to a soft credit pull.
Most clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.
Pay online and receive the executed lease bond ready to hand to your landlord in place of the cash deposit. Wet-ink originals mailed on request.
A tenant lease bond is a surety bond that stands in for a cash security deposit. Instead of tying up a full deposit, the tenant buys a bond — and the landlord gets the same protection: if the tenant damages the property or breaches the lease, the landlord can recover against the bond up to its amount.
Indiana’s residential landlord-tenant law (IC 32-31-3) governs security deposits, and a surety bond is one of the deposit alternatives landlords can choose to accept. Whether to accept a bond instead of cash is up to the landlord — this is not a state mandate, it is a tool for tenants and landlords who prefer a bond to a held deposit.
It is not insurance for the tenant — if the surety pays the landlord on a valid claim, the tenant repays the surety. The amount is whatever the lease requires, usually matching the deposit it replaces. Enter that figure — pricing starts from $100, with one soft credit pull that never affects your score.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your lease bond is typically issued within 1–2 business days.
Start the application →From $100, short application, e-signed bond in 1–2 business days. One soft pull, never a hard inquiry.