MODA
Midwestern Oklahoma Development Authority

 

   
   

   HOUSING SALES &  RENTALS

   




 

 

   

 

 

 

Financing Available
Low Down Payment
First Time Buyers Welcomed

   
   

Midwestern Oklahoma Development Authority will finance, with pre-approved credit.  Simply ask for a credit application, fill it out completely and return it to the MODA Administrative office.  Your application for financing will then be processed and sent to the Credit Bureau for a complete file report.  Once the application has been approved, MODA and the interested party will set up an appointment and discuss the amount to be financed, the number of years financing, and the payment amount.  The amount of years will depend mainly on how much is to be financed.  The interest rate presently is ten percent ( 10 %), with a down payment of ten percent (10%) of the purchase price.  Buyer pays partial closing cost, at present, this amount is approximately $1100.  Buyer is expected to put $500.00 down on closing costs.  Policy is issued to Buyer, approximately three (3) weeks after signing Mortgage.

Click the link below to see information about our:

   
   

DUPLEXES FOR SALE 

HOUSING RENTAL RATES

 

Call or Email MODA for more information.

MODA
PO Box 549  500 N Holcomb 
Burns Flat, OK  73624
Tel:  580-562-3111

 

   

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