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.

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 Kevin Zenstein on Aug-04-2026
“Kevin made this process smooth and painless. Thank you!”

Maureen

Reviewed for Steve Lewis on Aug-03-2026
“Steve and Tony were awesome thru every step! Even though it was my first time purchasing a home , they made sure to simplify everything for me step by step and gave me more even more advise towards purchasing my home. Id highly recommend anybody to make sure you get steve and tony ! Very Down to earth and honest men! Couldnt ask for a better loan team!”

Tristan

Reviewed for Cathy Rebecca Fernandes on Aug-02-2026
“Cathy did great job . Her team need improvement”

MICKEAL

Reviewed for Cathy Rebecca Fernandes on Aug-02-2026
“Cathy was wonderful to work with throughout our mortgage process. She was always patient, kind, and quick to answer our questions, making what could have been a stressful experience feel much easier. We truly appreciated her guidance and support every step of the way. Thank you, Cathy!”

Mary Ann

Reviewed for Jan Soriano on Aug-01-2026
“Jan way the best to work with, he communicated every detail step by step, he made the experience so smooth and so easy. Very hard to find well experienced officers who go above and beyond for their clients we will be doing more business together. I recommend all my friends and family.”

Jason R

Reviewed for Mike McKeown on Aug-01-2026
“They supported me step by step to get my own house i am so grateful”

Gina

Reviewed for Scott Brooks on Aug-01-2026
“Moving is the worst experience ever and through all off The nonsense and paper work scoot was there day in and day out helping us out with eveything every step of the way. Couldnt have asked for a better person to help is out in our new journey .”

Vincent R

Reviewed for Donald Holmes on Aug-01-2026
“Everyone that was involved had my best interest and went above and beyond to help me get approved for my home. Definitely will recommend Allied to anyone who wants to buy a home.”

Whitney

Reviewed for Rosemarie Gadsby-Devlin on Jul-31-2026
“I felt supported very step of the way. The reached out all the time to assure me, guide me and keep me informed on everything. The team I had was awesome. Very kind, patient and genuine. I felt like they had my best interest and was there 100% of the time to answer any and all questions I had along the way. They helped me cross the finish line w/ grace and was very committed in getting me on my way. Thank you so much Rosemarie & Maureen.”

Tenika

Reviewed for Steve Fuhrman on Jul-31-2026
“Steve touched base with me routinely when I was looking for a house. He answered questions that I didn't know I had and was there for every step in the process. Ryan and Joanne also played a huge part in making sure I was able to purchase my house. I highly recommend Allied! Such a pleasant experience”

Jill Patricia