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 Sofia Haas on Jun-25-2025
“Sofia and her team were always available. Even if they weren't able to answer the phone immediately, they always made sure to get back to me in a timely manner. As a first time homebuyer, I was very nervous and needed lots of hand holding and everyone talked me through things and basically held my hand from start to finish. I am very grateful for Sofia and her team because I felt very supported.”

Amna

Reviewed for Natalie Reimer on Jun-25-2025
“Very helpful and made for a smooth and comfortable process”

Matthew

Reviewed for Janet Angelo on Jun-25-2025
“Janet is a great helper we glad to work with her”

Amin M

Reviewed for Donald Holmes on Jun-25-2025
“Marisol Velez was awesome to work with she made it very easy for my wife and I. She has such a great personality. She is a great person overall. Thank you for everything.”

Steve

Reviewed for Mike Sweeney on Jun-25-2025
“Mike Sweeney”

Patrick B.

Reviewed for Rosemarie Gadsby-Devlin on Jun-25-2025
“Everything since the first day reaching out and well of a job things got done”

Ryan

Reviewed for Janet Angelo on Jun-25-2025
“She was so friendly and so helpful Always explained everything”

Sarah

Reviewed for Dominick Lombardo on Jun-25-2025
“DominicK guided us the entire way and shared his knowledge and experience in the field. Not only was he super helpful but he had such a positive attitude with everything. I would recommend him to everyone. I know that is looking to get financed for a mortgage.”

Michael P

Reviewed for Beth Wood on Jun-24-2025
“The expertise and candor wee exceptional and very pleasant . Beth and her team were able to give percise procedures to ensure our mortgage . A plus plus!!”

Ronald

Reviewed for Beth Wood on Jun-24-2025
“We had a great experience working with Beth and Allied Mortgage. Beth always stayed on top of our transaction every step of the way and kept us informed of delays and what to expect.”

Elizabeth S