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 Sumit Rajpal on Jun-11-2026
“Time bounded service with smile”

Manmohan

Reviewed for Megan Carr on Jun-10-2026
“Megan went out of her way every time I needed something, Her communication skills are phenomenal and Megan really knows what she's talking about, She does a great job at what she does and it was a great experience with her around ! Thank you Megan and your team for all the help!”

Adam Curtis

Reviewed for Janet Angelo on Jun-08-2026
“Janet is the best. She was always in communication with me and went above and beyond to make this experience seamleass and stress free. She helped me find an excellent rate on homeowners insurance, which was one less thing that I had to do! I really liked that she called me on the phone to explain the loan process throughly, making sure that I was well informed every step of the way rather than communiaing soley through email and text. The day of closing I really felt like I had family representing me. She went through all the paperwork with me and explained each page I signed. She has a dynamic personality and is extremely knowledgable.”

Lisa

Reviewed for Thomas Ippolite, Jr. on Jun-08-2026
“Easy process from beginning to end.”

Robert D

Reviewed for Scott Brooks on Jun-07-2026
“Everyone I worked with was accommodating friendly and pleasant. I could tell they had a smile on their face when they spoke with me. Both Scott and our processor, Melissa, went out of their way to make this happen for us. This is a dream come true for my husband and I. We were able to purchase a house right next door to our daughter. We have worked with Scott before and would definitely not hesitate to recommend him to friends, family, or anyone looking to apply for mortgage.”

Mark

Reviewed for Eduardo Buller on Jun-06-2026
“Fueron muy profesionales, atentos y eficientes en cada paso del proceso. Siempre respondieron mis dudas con rapidez y trabajaron de manera organizada para que todo saliera bien. Estoy muy agradecido por su apoyo y los recomiendo ampliamente.”

Yandy

Reviewed for Shawn Cohen on Jun-06-2026
“Great the obe on one”

Todd

Reviewed for Dashmesh Singh on Jun-06-2026
“It was great working with dashmesh and his team , they made all the process go smoothly”

Rajinder

Reviewed for Joseph McCann on Jun-05-2026
“Mr McCann was great regarding any and all communication necessary throughout the mortgage process. He worked efficiently to get the job done as quickly as possible yet made sure to ensure that all details were well explained and subsequently understood by all parties. I will make sure to leverage Mr. McCann for any future real estate transactions! Thank you!”

Michael R

Reviewed for Janet Angelo on Jun-05-2026
“Janet is extremely knowledgable an made my home buying process a breeze!”

David S