After a DALP Lottery

  1. Lottery winners fill out a full application

    If MOHCD selects your application from the lottery, you must send in a DALP Full Application package with all required supporting documents. You will have 5 business days to send in the complete application package after you are being contacted.

  2. MOHCD reviews applications of the lottery winners

    If MOHCD determines you're income-eligible, MOHCD will issue ;a DALP pre-approval and reserve the funds for you. Typically, MOHCD completes the application review within 15 business days upon receipt of a complete application package.

  3. Buyer goes into Contract to Purchase

    • If you get a DALP pre-approval, you have 90 days to enter a sales contract for any property on the open market.  
    • Once you're in contract, you will work with your mortgage loan officer on loan approval. You will pay a nonrefundable fee to MOHCD to process the paperwork when your lender submits the lender package to MOHCD. 
    • You must also meet with your housing counselor to get a certification of homebuyer education. 

  4. MOHCD Final Approval

    Your mortgage loan officer will send the lender package to MOHCD for final approval. MOHCD will take 15 business days to review, and issue a loan commitment letter if you meet the program requirements. The letter allows 30 days to close the sale.  

  5. Before Final Closing

    You'll be able to do one last walkthrough of the property.