Low Down Payment Loans

You May Qualify for a Low or No Down Payment Loan

Allied offers low to no down payment options for qualified borrowers. From FHA and USDA to Conventional loans such as HomeReady® from Fannie Mae and Home Possible® from Freddie Mac, to options for Veterans, many borrowers can benefit from Allied flexible loan options.

Criteria for Down Payment Assistance

Down Payment Assistance programs consider several things to determine if you qualify. The criteria vary depending on the state or municipality, but they review income, credit, household size, reserves, and whether you are a first time or experienced homeowner.

Most assistance programs, especially for first-time buyers, require the completion of homebuyer education programs.

Some programs are designed for individuals who provide necessary services to the community. They include teachers, firefighters, law enforcement personnel, health care workers, and veterans.

To qualify for down payment assistance, the home must be occupied as the primary residence. Single-family homes, townhomes, condos, and even some multifamily properties are allowed if the buyer is also an owner-occupant.

Find out what programs you may qualify for using our free, easy-to-use search tool.

Benefits

Low to No Down Payment for certain loans and qualified borrowers
Talk to us about state and local downpayment grants that may be available.
Down Payment gifts from family may be allowed
Great for first-time homebuyers

Contact Allied today and learn about these benefits and get answers to all your mortgage questions by speaking with an Allied loan officer.

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Our Happy Customers

Reviewed for Fazila Rashid on Aug-01-2025
“Everything we did are great”

Bonhere

Reviewed for Sumit Rajpal on Aug-01-2025
“From our first conversation to the final steps of closing, Sumit was incredibly responsive, clear, and helpful every step of the way. His ability to explain each stage in a straightforward manner made a huge difference, especially for someone going through this process for the first time. I truly appreciated his patience, timely updates, and the way he stayed on top of everything to ensure we closed on time without any last-minute surprises.”

Amit

Reviewed for Maria Laffredo on Jul-31-2025
“Informative, and quick to respond”

Peter

Reviewed for Donald Holmes on Jul-31-2025
“I really appreciated how the process went so smoothly.”

Ruth

Reviewed for Justin Wallace on Jul-31-2025
“He always answered the phone or called right back I just felt like he was on my side Hes He's a good one”

Timothy Wayne

Reviewed for John Hagler on Jul-31-2025
“Very smooth..”

John A

Reviewed for Janet Angelo on Jul-30-2025
“Janet was amazing from start to finish. Amazing to work with. i highly recommend her.”

Dale R

Reviewed for Beth Wood on Jul-30-2025
“Beth knows her job well and truly cares about her clients.”

Angie

Reviewed for Sumit Rajpal on Jul-30-2025
“It was the constant and transparent communication that made the experience and process much smoother than we expected. A big thank you to Sumit and his team!”

Suman

Reviewed for Brandon Rizk on Jul-29-2025
“Great communication and great support throughout the whole process, explained things very well, and kept us updated the whole time. 10/10 would recommend the Rizk brothers”

Dalon B.