Q. Can The MDP&CC program help me with my present mortgage?
A. The MDP&CC Program is for first time homebuyers only and cannot provide any type of assistance for persons already having an existing mortgage.
Q. What is the MDP&CC definition of first time home buyer?
A. The first time home buyer shall be defined as not having ownership or deed to your place of residence, including mobile homes, five years prior to applying to the MDP&CC program.
Q. I live outside of the Creek Nation Boundaries. Can I still apply?
A. Yes, assistance is within the State of Oklahoma.
Q. I am considering signing a contract to buy a house. Can I still
apply to the program?
A. To be eligible for the MDP&CC program you must not be in any contract with a seller or lender.
Q. Does my credit rating affect my eligibility?
A. Your credit scores will determine whether you are approved by a lender and will also determine if you will be approved through the MDP&CC program.
Frequently Asked Questions
Mortgage Down Payment & Closing Cost Program