The MIOYM Affordable Homes process makes homeownership simple and attainable. Buyers are approved to purchase move-in-ready homes with down payment and closing costs provided, allowing them to own for less than they currently pay in rent.

Once approved, buyers complete the standard steps — inspection, appraisal, and closing — and can move into their new home within 30 to 45 days.

MIOYM Affordable Homes maintains a diverse portfolio of properties, ranging from single-family homes to multi-unit dwellings, in desirable neighborhoods across the region. Our team works closely with you to understand your needs and preferences to find the perfect property that aligns with your lifestyle and long-term goals.

Applicants must have a minimum credit score of 600 to qualify for the Affordable Homes Program.
If your score is below that threshold, you may not yet be eligible for approval. However, many buyers work independently with credit monitoring or financial services to reach the required level. Once your score meets the 600+ standard, you can reapply and move forward with the ownership process.

The exact approval process and turnaround time may vary. Once you view the property, we recommend submitting your requirements as soon as possible. Upon approval, we will move forward with the property inspection, contracts, and payment process. Depending on how quickly you submit your documents, you can move in as early as 30 days. Once you are ready to proceed, we will guide you through the next steps.

No. The initial prequalification application is free, takes approximately five minutes, and does not affect your credit score.

You may be asked to provide your identification, credit score, income information, preferred property, budget, and location. Additional information may be requested during the review process.

No. Submitting an application begins the review process but does not guarantee approval. Your information must first be reviewed and verified by the appropriate advisor.

Final qualification and approval must be confirmed by the assigned advisor or property manager after reviewing and verifying your information.

Yes. Inform our team of the property you are interested in so we can update your property selection and provide the appropriate next steps. Property availability and qualification requirements will still apply.

Down payments and closing costs are covered through local and state homeownership programs that partner with MIOYM Affordable Homes. Our team coordinates these resources on your behalf, ensuring eligible buyers can move forward with ownership — even without funds saved upfront.

MIOYM Affordable Homes contributes toward your closing costs by covering up to 6% of the total amount. This assistance reduces the financial burden typically associated with finalizing a home purchase.

Appraisals and inspections are completed at the end of the process as part of the closing. These costs are typically factored into the overall transaction, ensuring that the property meets required standards.

The upfront costs are limited to a security deposit and the first month’s payment. These costs secure your property and establish the foundation for your transition into ownership through our program.

We can help you arrange a self-guided tour. Please let us know your exact preferred date and time so we can set an appointment. You will also need to submit a valid ID and a screenshot showing a credit score of 600 or higher. Once we verify your pre-qualification, we will send you the access code and instructions for the property.

Visit the MIOYM Properties page to view available, coming-soon, and under-construction homes. You may also contact our team and provide your preferred location, budget, and property requirements.

Yes. Self-guided tours may be available for select properties. Before the tour, you must provide the requested identification and qualification information.

Family members, co-borrowers, or any companion of your choice are welcome to accompany you during the tour.

Yes, you are welcome to bring a guest or any companion with you during the property tour.

Once we receive your valid ID and credit score to verify that you meet the pre-qualification requirements, we will evaluate your details and provide the access code.

If your door code does not work, please contact us immediately at +1 (914) 566 4696,

+1 (914) 920-8067and leasing@mioym.com for direct assistance so we can help you gain access to the property.

Scheduled meetings are generally conducted by phone call. Please ensure that your contact information is current and that you are available at the scheduled time.

Contact the MIOYM team to request an update. When verified information is available, we’ll provide your current status and next step. Inquiries that require further review will be referred to the assigned team member.

Ask to be connected with a team member. Your request will be referred to the appropriate advisor, property manager, or asset manager.

Please contact MIOYM as soon as possible so we can update your information and continue reaching you regarding your inquiry, appointment, or application.

You can move in once the closing process is complete. All required inspections and approvals must be finalized beforehand and provided in writing. This ensures that the home is fully certified and ready for occupancy at the time of move-in.

The average closing timeline is approximately 30 days. This period allows for the completion of inspections, appraisals, documentation, and final approvals so you can transition smoothly into homeownership.

Once accepted, you will submit the required security deposit and first month’s payment to reserve the home. The team will then arrange the inspection, appraisal, documentation, and remaining steps before closing.

The inspection and appraisal are arranged after acceptance and before closing. The inspection helps confirm the property’s condition, while the appraisal confirms its value and supports the final transaction terms.

MIOYM may use your information to respond to inquiries, recommend properties, process applications and prequalification, communicate with you, and comply with legal requirements.

No. MIOYM does not sell personal information. Information may be shared with trusted property, communication, financial, and regulatory partners when necessary to provide services or comply with the law.

Reply STOP to any MIOYM marketing text message to opt out of future SMS marketing communications.

Yes. You may request access to, correction of, or deletion of your personal information. Some information may be retained when required for legal or business-record purposes.

You may use the unsubscribe option included in a MIOYM marketing email. You may also contact our team to update your communication preferences.

You may use the unsubscribe option included in a MIOYM marketing email. You may also contact our team to update your communication preferences.

MIOYM’s services are not directed to individuals under 18, and MIOYM does not knowingly collect personal information from minors