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 Tom Kemble on Sep-12-2025
“It was an easy process thanks to Tom.”

Joseph M

Reviewed for Gregory Betts on Sep-12-2025
“Very personable and speedy help!”

Kendalyn

Reviewed for Rosemarie Gadsby-Devlin on Sep-12-2025
“Very responsive, knowledgable and able to hgelp clients resolve concerns and issues effectively”

Aitiya

Reviewed for Sumit Rajpal on Sep-11-2025
“I had a wonderful experience with Sumit. He was very patient and made sure I understood the process. I would definitely refer him to my friends and family.”

Wilson J

Reviewed for Patrick Nitsche on Sep-11-2025
“Competitive rates.”

Robert

Reviewed for Justin Wallace on Sep-11-2025
“Justin was great to work with throughout the mortgage process. He explained the full process well and followed up as needed in a timely fashion. Everything went smoothly. A big thanks to Juston for a job well done.”

Cynthia E

Reviewed for Mike McKeown on Sep-10-2025
“Mike was super knowledgeable and helpful throughout the whole process. He was always available for questions, and if needed time to get an answer, he would always acknowledge that he was working on it, and got back to us as soon as possible. He was very responsive, which is very apprecited during stresfull times of looking/ buying a house. We were able to build a great rapport with him. He especially made it easy during the underwriting process. The whole process from the start of us looking for a new home to signing day was seemless. It took us about a year to find our forever home, and he was there for questions the whole time. He had previousky refinanced a loan for me, which was the first time I worked with him. He was gret then too, which made me want to use him as a loan officer again.”

Jacob

Reviewed for Tom Kemble on Sep-09-2025
“Tom was great, patient and always available.”

Jada Javon

Reviewed for Donald Holmes on Sep-09-2025
“everything's good thank you again”

Jose

Reviewed for Manada Singh on Sep-08-2025
“Very good service”

Jaswinder