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 Yazmin Llamas on Jun-23-2026
“She was helpful and supportive throughout the entire process.”

Valentina

Reviewed for Wendy Monaco on Jun-23-2026
“We felt comfortable and in safe hands from our very first conversation with Wendy. We were first-time homebuyers and she took the time to make sure that we understood everything that we would need to close and every step of the process. I expected our initial phone call to be maximum 15 minutes but she spent 50 minutes with us comparing the other rates we had received and making sure that we knew exactly what we were getting into. We would work with her again in a heartbeat.”

Stephanie

Reviewed for Maria Laffredo on Jun-23-2026
“Prompt replies, very attentive.”

Dana

Reviewed for Yazmin Llamas on Jun-22-2026
“Working with Yazmin was a great experience from start to finish. She was always quick to respond, provided clear and helpful advice, and made sure I understood every step of the loan process. Her knowledge, professionalism, and communication helped make what could have been a stressful experience feel smooth and manageable.”

Herbert Emilio

Reviewed for Cathy Rebecca Fernandes on Jun-22-2026
“Wonderful person and a great individual, always helpful and caring, thank you Cathy”

RONLEY

Reviewed for Maribel Aparicio on Jun-20-2026
“Gracias por todo 💜”

Aviut

Reviewed for Jay Walsh on Jun-20-2026
“Jay was outstanding throughout my mortgage process. He was patient, kind, knowledgeable, and always willing to answer my questions. As a first-time homebuyer, I appreciated how responsive and helpful he was every step of the way. He made the process much easier and helped me feel confident in my decisions. I highly recommend Jay and Allied Mortgage to anyone looking for a professional who genuinely cares about their clients.”

Kristen

Reviewed for Kevin Zenstein on Jun-19-2026
“Kevin was always available to answer a question. – if he was busy he would respond quickly and offer a call back. From the start Kevin made feel comfortable and explained things clearly”

Jill

Reviewed for Paul Terruso on Jun-19-2026
“Paul was great stayed in touch and kept us updated with every step!”

Quinn R

Reviewed for Cathy Rebecca Fernandes on Jun-19-2026
“My experience with Allied Mortgage was excellent from start to finish. The team was professional, responsive, and guided me through every step of the mortgage process. They answered all my questions promptly, kept me informed throughout the transaction, and worked hard to ensure a smooth and successful closing. Their dedication, communication, and customer service made what could have been a stressful process much easier. I truly appreciate their support and would highly recommend them to anyone looking for a mortgage lender.”

TITILOPE