MEB Management Services - Villa Contento Rental Policy

Rental Criteria

1. conditions

  • All Applicants applying for an apartment must be a minimum of eighteen (18) years of age or older.

  • Applicants must have a verifiable social security number, current visa or other federally issued paperwork stating status in the United States.

  • Applicants will be required to sign a Crime Free Addendum, and will be held to all conditions stated.

  • Occupancy standards are 2 occupants per bedroom plus 1 additional occupant.

2. Income

  • Applicants must provide proof of at least 6 month’s current employment or if self employed tax returns from the prior year.

  • Applicant’s combined income must equal 2.5 times the monthly rent.

  • Applicants that do not meet the income requirement may be approved on a conditional basis.

3. Credit & background check

  • A Credit Report and Background Check will be completed for every applicant and occupant eighteen (18) years of age and older.

  • All credit and background information is supplied through a third party credit reporting agency.

  • Credit scores will be based on overall credit worthiness; including acceptable account ratios, rent to income ratios and the Fair Isaacs score provided by the credit bureaus.

  • A Credit score between 539 and 540 will result in a conditional approval.

  • A Credit score over 565 to 1000 will be approved.

  • A Criminal Background check which initially results in a declined will be, at the option of the prospective resident, reviewed for further findings on a case by case basis.  

  • Falsification of the rental application or failure to answer completely will result in a denial.

  • Bankruptcies must be discharged for at least 1 year(s).

4. Rental History

  • Applicants must have at least 6 month’s verifiable current rental history.

  • Applicants with no previous rental history or history less than 6 months may be approved on a conditional basis.

  • Applicants with paid judgments or collection accounts from rental properties or utility companies within the past 3 years may be approved on a conditional basis.

5. Conditional approval

Applicants that are approved on a conditional basis may be asked to fulfill one (1) or all of the following conditions in order to have an approved application.

  • Satisfy one or all of some outstanding debt.

  • Pay an additional security deposit based on rental verification.

  • Pay an additional security deposit based on employment verification.

  • Pay an additional security deposit based on income verification.

  • Pay an additional security deposit based on credit result verification.

  • Have a qualified co-signer sign the lease to guarantee the rent.

  • Provide additional identification or address information.

  • Make all payments in guaranteed funds.

6. Co-signer qualifications

  • Co-signers must have income equal to 4 times the monthly rent amount.

  • Have a mortgage in current standing or rental history for 2 years.

  • The Credit score must score above 600.

  • A Criminal Background check which initially results in a declined will be, at the option of the prospective resident, reviewed for further findings on a case by case basis.

  • Bankruptcies must be discharged for more than 1 year(s).

Application Instructions

Click the link below to apply. The application fee is $50. All applicants over the age of 18 must fill out a separate application and pay a separate application fee.

Equal Opportunity Housing

MEB Management Services & Villa Contento Apartments does not and will not discriminate against any person based on race, color, religion, sex, handicap, familial status, national origin, or sexual orientation