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 Patrick Nitsche on Apr-22-2025
“There was fast and great communication. John was very knowledgeable and helpful when it came to answering my questions. John and patrick were both a pleasure to work with.”

Quinn

Reviewed for Brandon Rizk on Apr-22-2025
“in the past years I bought three times home! I never experienced . the care and the hard work ! Brandon Rizk he is amazing, so passionate, wise man, he knows what to do!!!!! I trust him from the first time I met him.. I recommend him highly thank you Brandon You made my dreams !!! you are the best 👍👍👍 🌹😊”

Aliza A

Reviewed for Sofia Haas on Apr-21-2025
“Sofia went above and beyond for my home buying experience”

Kimberley A

Reviewed for Michelle Oteri on Apr-21-2025
“Michelle is just incredible not only as a source of knowledge and experience, but also in her kindness, understanding and dedication. We simply could not have asked for a better person to lead us through this process. From start to finish, she led us patiently, answering all our questions –however small– and always welcoming us to ask more if we felt the need to. We cannot praise her performance enough. Always timely, always knowledgeable, and always kind and empathetic. We will recommend her services to everyone and anyone!”

Veronica Ruth

Reviewed for Brandon Rizk on Apr-20-2025
“Good follow up and follow thru. closed escrow early!”

Russell

Reviewed for Dan Lapic on Apr-20-2025
“I cannot say enough how great Dan was to work with. He made the process of purchasing a home not only easy but pleasant. I would not hesitate for a second to work with him again and highly urge anyone in the market for a home to talk with Dan”

Devan

Reviewed for Janet Angelo on Apr-18-2025
“Janet was th with us every step of the way guiding us from the application process to the closing Janet made the process easy!”

Daniel J

Reviewed for Eduardo Buller on Apr-18-2025
“We felt supported through the whole process and that Ed really wanted us to succeed .”

Russell Kent

Reviewed for Dan Lapic on Apr-18-2025
“Any time I had questions or concerns he called me and addressed them immediately and calmed my fears”

Patricia L

Reviewed for Dan Lapic on Apr-18-2025
“second to none! Above and beyond with Customer servic. upfront with all transactions and options”

Michelle I