You also have to realize that even if you are not using the entire heloc limit "Some" underwriters still calculate the Maximum payment into consideration.There are some ways to pull money out of a Heloc and deposit it into a savings/checking account prior to application to satisfy the PITI reserve requirements.

Can I pro rate the week and deduct this from his deposit?

FHA doesn't allow this.How is it possible that FHA didn't account for security deposits and prorated rents?

Hi A potential tenant of mine who looks really good on paper (credit score, income and else) is asking if we can take rhino policy for security deposit ? 

Unless you need to sell and have no other interest I would only accept with their earnest deposit being non-refundable.

I have received a lot of feedback from travel healthcare workers who say "It is terrifying to send a deposit (+1 month rent sometimes) to a stranger to hold space when it could be a scam".

Some of these small contractors are basically bankrupt day to day, taking your deposit to finish the last job. 

You could also look at interest rates and monetary supply, interest rates probably are not going anywhere until monetary supply comes down - but in speaking with some banks they are losing money month over month on deposits which really hurts banks.So a lot of moving parts in the economy, all I will say is people need to understand what happens if things get better or get worse.

She proposes to use her security deposit money to cover another month's rent, to be paid once it's released.

Feature/Service BlueVine Axos Bank Mercury Novo Interest Earn interest on checking account balances High-yield savings accounts No interest on checking; conditions on savings No interest on checking Fees No monthly fees, minimums, or incoming wires Low fees, but some services might have fees No monthly fees No monthly fees, but specific activities may cost Account Management Free incoming wires; easy online management Comprehensive online banking, specialized for real estate Easy to open multiple accounts; digital management tools Easy integration with tools; user-friendly interface Specialization General business banking Tailored for real estate and property management General, with a focus on startups and tech companies General small business banking Accessibility Limited physical branch access Online-focused, limited physical branches Fully online, no physical branches Fully online, no physical branches Integration Basic digital banking tools Some integration capabilities Strong API for custom integrations Good integration with business tools Cash Handling Not ideal for cash-heavy businesses Can handle cash through ATMs/restricted branches No cash deposits No cash deposits