I'm guessing this is a shared house and she's renting a room in it.For her deposit, I'd only keep whatever expenses are related to clean up and damage.

You're being encouraged to finance people's earnest money deposits.

This was expedited as I chose to do direct deposit/wire as opposed to a check.

@Ben Grubner In a very limited circumstance we require a deposit.

It has a tenant facing portal where tenants can pay their rent, which the app deposits into our account the next business day (even though ACH payments do not regularly settle for 4 days!).  

I actually prefer these systems because there’s no cash/check to deposit at the bank.

The data we have seen shows obviously Malls, Hotels, Casinos, Strip Malls as being hit the hardest. 

Eventually, someone looks at the Move Out Documentation and decides the fate of a security deposit (again, with significant legal consequences) ...

The initial deposit doesn't need to be private. 

And what I am personally seeing the Market place today.Commercial bank/ community bank were you have significant deposit relationship and long term relation ship..   7 to 10% plus 1/2 to 1.5 points.. these are relationship and experience and capacity lenders..