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 Megan Carr on Feb-02-2026
“Megan was responsive and informative. She made us feel like she had our best interests at heart. We enjoyed working with her!”

Ryan

Reviewed for Donald Holmes on Feb-02-2026
“From start to finish, Don was incredibly supportive. He was always warm and welcoming on every call, and I truly felt comfortable asking him anything — at any time of day. No matter when I reached out, he answered and explained everything in clear, down-to-earth terms, which meant so much to me as a first-time homebuyer. Don is simply amazing. He’s not only kind, but genuinely invested in making sure I felt confident and informed throughout the entire process. He consistently checked in, made sure everything was running smoothly, and took the time to ensure I fully understood what was happening every step of the way. He also went above and beyond to help me lock in a great interest rate, working tirelessly to find the best possible options for my mortgage. I truly couldn’t imagine going through this process with anyone else. Don made everything feel seamless, and I’m so grateful for his patience, knowledge, guidance, and advice. He’s simply the best.”

Olive

Reviewed for Maria Laffredo on Feb-02-2026
“Maria Laffredo was always available to answer our questions (and we had quite a few of them!) She made sure to review everything with us until we arrived at all the terms we wanted for our refinance. Quick, easy and painless process. Everything worked out exactly as she assured us it would. Very satisfied with the experience. Thanks Maria!”

Fernando Luis

Reviewed for Mike McKeown on Feb-02-2026
“Mike put a lot of effort into a difficult property to get things done. very good job”

Edward A.

Reviewed for Bianca Alvarez on Feb-01-2026
“Quiero agradecer enormemente a Bianca por su excelente trabajo durante todo el proceso de mi préstamo hipotecario. Desde el inicio fue muy profesional, paciente y siempre estuvo disponible para responder mis preguntas. Hizo que todo el proceso fuera claro y mucho menos estresante. Gracias a su dedicación hoy puedo decir que logré comprar mi casa. ¡La recomiendo 100%! I would like to sincerely thank Bianca for her excellent work throughout my mortgage loan process. From the very beginning, she was professional, patient, and always available to answer my questions. She made the entire process clear and much less stressful. Thanks to her dedication, I can now say that I was able to buy my home. I highly recommend her!”

Carolina

Reviewed for Shawn Cohen on Jan-31-2026
“The entire team”

Charles E

Reviewed for Steve Lewis on Jan-31-2026
“Steve was knowledgeable, responsive, and detail-oriented. He guided us through every stage of the loan process with professionalism and efficiency, ensuring everything stayed on track from start to finish. We are very grateful for him and truly appreciate all his hard work and dedication. The entire team was also amazing—very helpful, responsive, and supportive throughout the process. Thank you!”

Racquel L

Reviewed for Christopher Peterson on Jan-31-2026
“Chris was amazing. He was personable, professional and very knowledgeable. He was always there for us and had an answer to every question that we had. He kept us informed with everything that was going on and made the process feel so easy. And we loved the mortgage calculator app that he put us onto. He explained how it worked, and it saved us a lot of time. We would recommend Chris to anyone who's trying to buy a house. We appreciate everything that he's done for us.”

Andrea

Reviewed for Robert Glazewski on Jan-29-2026
“Bob handles objections courteously, calmly and with valid reason. That's why he earned my business!”

Johnathon Adrian Eli

Reviewed for Maria Laffredo on Jan-29-2026
“Maria was on it from the beginning. i spoke to other banks before I spoke to her and she was the only one that presented worksheets with each change and update. this made her trustworthy and transparent because she wasnt telling me rates but not presenting actual estimates (which is what the other banks did) she was easy to reach and highly communicative. it was a pleasure to work with her”

Sharon