It depends on the loan type and property. For conventional loans, expect a minimum of 5–20% down. FHA loans allow as little as 3.5% down with a credit score of 580+. Co-ops typically require 20–30% and board approval. Condos and multi-family properties have their own requirements. AFMC's licensed MLO will review your full financial picture and find the best program for your situation — often pre-approving buyers within 24 hours.

When you buy a condo, you own your unit outright as real property — similar to owning a house. When you buy a co-op, you purchase shares in a corporation that owns the building, and you receive a proprietary lease for your unit. Co-ops are more common in Manhattan and typically have stricter board approval processes, higher down payment requirements (20–30%), and restrictions on subletting. Condos offer more flexibility and are easier to finance. AFMC agents know both structures inside and out and will walk you through the right choice for your goals and budget.

AFMC typically issues pre-approval letters within 24 hours. The process involves submitting basic financial documents — pay stubs, W-2s or tax returns, bank statements, and ID. Once we review your credit and income profile, we match you with the right loan program and issue your letter. A strong pre-approval gives you a competitive edge in NYC's fast-moving market, where sellers often require proof of financing before showing a property. Start the process online or call (212) 644-8231.

Yes — self-employed borrowers can absolutely qualify for a mortgage in NYC. Lenders typically require two years of tax returns showing consistent income, along with business bank statements, a profit-and-loss statement, and a CPA letter verifying your business status. Bank statement loan programs are also available for borrowers whose tax write-offs reduce their reported income. AFMC's MLO specializes in structuring self-employed files for approval — call (212) 644-8231 to discuss your specific situation.

AFMC serves all five boroughs — Manhattan, Brooklyn, Queens, the Bronx, and Staten Island. We work with buyers, sellers, renters, and investors across neighborhoods including Harlem, Bed-Stuy, Astoria, Riverdale, Flushing, and beyond. Our licensed agents know local market conditions, pricing trends, and building types in each area. Whether you're buying a co-op in Manhattan or a two-family in Brooklyn, AFMC has the local expertise to guide you.

AFMC strictly complies with the Federal Fair Housing Act, the NYC Human Rights Law, and NY Executive Law §296. We serve every client equally, regardless of race, color, religion, national origin, sex, disability, familial status, sexual orientation, gender identity, or source of income. We do not engage in steering, redlining, or any discriminatory practice. If you have a fair housing concern, contact the NYC Commission on Human Rights or HUD directly.

Yes. AFMC NY operates under licensed broker Sy Williams and is fully compliant with the New York Department of State Division of Licensing Services. Our mortgage originator holds an active NMLS license (NMLS #109913614) and is authorized to originate residential mortgage loans in New York State. All transactions are conducted in accordance with NYS Real Property Law, RESPA, TILA, and applicable federal mortgage regulations.

Three things: we're local, we're licensed in both real estate and mortgage, and we treat every client like a long-term relationship. AFMC is a boutique NYC brokerage — not a national franchise with 500 agents who don't know your name. Our in-house MLO means your agent and your loan officer are aligned from day one, which cuts delays and prevents the miscommunication that kills deals. We offer personalized service, straight answers, and we stay with you from first showing to closing table.

Yes — AFMC works with all buyer types. First-time buyers get patient guidance through the entire process, from understanding the NYC market to navigating mortgage programs with low down payment options. Seasoned investors get direct access to multi-family and mixed-use opportunities across all five boroughs, plus financing strategy for investment properties. Renters relocating to buy and clients upgrading to larger homes are equally welcome. Whoever you are, we meet you where you are and build a plan around your goals.

AFMC offers a full suite of real estate and mortgage services: buyer representation (all property types, all boroughs), seller representation with strategic pricing and marketing, rental assistance, mortgage pre-approval and loan origination (Conventional, FHA, VA, Jumbo, and investment loans), refinancing consultations, and first-time buyer education. We are a one-stop shop — one team handles your home search AND your mortgage, keeping everything aligned so deals close on time.

Simple. Call or text us at (212) 644-8231, submit the contact form on this page, or book a free consultation directly through our website. Tell us whether you're buying, selling, renting, or need financing — and we'll connect you with the right person on the AFMC team within one business day. No pressure, no commitment. Just a straight conversation about what you're trying to accomplish and how we can help.

You can confirm our NYS Real Estate Broker License and agent licenses through the NY Department of State's official verification portal. Our NMLS mortgage originator's (or MLO) credentials are available via NMLS Consumer Access. We remain in full compliance with state, city, and federal requirements, ensuring transparent, regulated operations at every level.

Accountable Financial Managment Corp. AFMC, known online as accountfin.biz, is a fully licensed New York State (NYS) real estate brokerage (and Mortgage Loan Origination brokerage, NYS License NMLS ID#62410), serving all NYS, NYC boroughs, Westchester, Long Island, and the greater NY metropolitan area. We provide real estate sales, rentals, investments, and comprehensive financial management, combining local expertise with personalized, compliant service. Our team is committed to transparency, client success, and regulatory best practices on every transaction.