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-01-2025
“Clear communication and realistic options for a large financial decision”

Thomas

Reviewed for Scott Brooks on Apr-01-2025
“Scott was amazing. He took his time to explain everything at any time of the day. Amazing work. Thank you.”

Shamila Y. Masih

Reviewed for Anthony Mendicino on Mar-31-2025
“Mr. Mendicino and his team gave me a thoughtful and friendly support and service in my loan request! I love this them!”

Mingce

Reviewed for Dan Lapic on Mar-31-2025
“I don't know how long Dan has been doing this type of work but he should really be an instructor! He was very helpful and there was nothing he wouldn't do to get to the goal”

Patrick S

Reviewed for Sumit Rajpal on Mar-30-2025
“Sumit and his team was very helpful. Always available to answer any question or concerns I had. This was my second time using Allied Mortgage Group & will definitely use them again. Thank you”

Rajinder

Reviewed for Rob Adams on Mar-29-2025
“Rob and his team are excellent people”

Hector R

Reviewed for Brendan Barry on Mar-29-2025
“Brendan would answer the phone any time of day to answer our questions and was so helpful!”

Stephanie R

Reviewed for Maria Laffredo on Mar-29-2025
“excellent customer service. Maria was knowlegable ,informative patient, professional,efficient and pleasant. Maria was accessible and committed ensuring the refinance took place. Thank you Maria .”

Elaine S

Reviewed for Brendan Barry on Mar-29-2025
“Brendan was extremely helpful and made was very good at explaining the process and keeping both myself and my significant other “in the know” about where we are with the process. He was always available to speak on the phone and I never felt like I did not have anyone to talk to, which was a very good thing for first time homebuyers. He also made sure that we found the best possible financing that would put us in a good position for our future, which was very helpful. I feel that Brendan was the reason we had a great experience and I look forward to referring my other friends (also first time homebuyers) to him as well.”

Richard A

Reviewed for Dan Lapic on Mar-28-2025
“Dan made the process very easy to understand. He was very patient as we were first time buyers and didn't know what to expect. He throughly explained how the process would work and explaines in detail each step along the way. Already recommended him to a few family members.”

Jared