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.

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 Caleb Richardson on Aug-14-2026
“Caleb was there to help guide me as a first time homebuyer every step of the way. He made sure that I fully understood what I was looking at and answered all questions i had. Would recommend him every time to anyone looking to purchase a home.”

Brian Wesley

Reviewed for John Hagler on Aug-14-2026
“John was very great to work with, he was clear on what was being offered to us and communicated to us and answered all questions and guided us through the refinance to make this the most seamless transaction we've had to date! Would definitely work with John again.”

Cyril

Reviewed for Shawn Martin on Aug-14-2026
“Shawn was absolutely the best person we could have worked with for our first home purchase He walked us through every step of the process patiently and thoroughly so it was not stressful or overwhelming He made buying our first house exciting and wonderful instead of daunting thank you Shawn !”

Eliza Jane

Reviewed for Tom Kemble on Aug-14-2026
“What made the experience great was Tom's excellent communication and willingness to guide me through every step of the loan process. He was always responsive, patient and clear when answering my questions. I felt supported and confident knowing that he was keeping everything on track and looking out for my best inte. His professionalism and genu commitment to helping made the entire process much easier and less stressful”

Maria

Reviewed for Sumit Rajpal on Aug-13-2026
“Thank you!!”

Julio Alberto

Reviewed for Shawn Cohen on Aug-13-2026
“Easy process”

Mark R

Reviewed for Shawn Cohen on Aug-13-2026
“The Allied Mortgage, Shawn in particular, was absolutely fantastic to work with! He always has our best interests in mind, is super responsive, and great to work with! This is our second time working with him now! Thanks for everything Shawn!”

Elizabeth G

Reviewed for on Aug-13-2026
“Absolutely wonderful group of people! Adam Fink was fantastic, super responsive, and helped us navigate any challenges along the way! 10/10 recommend Allied Mortgage Group to anyone needing a mortgage!!!”

Liz

Reviewed for Thomas Ippolite, Jr. on Aug-12-2026
“Tom & his team were absolutely amazing! Everything was explained to me in great detail and the experience was very smooth.”

Christina

Reviewed for Thomas Ippolite, Jr. on Aug-12-2026
“Tom turned what would’ve been a nightmare experience (to no fault of his own) into an stress-free, pleasant, first time home buying experience that I will refer all friends and family to in the future. His extensive advice and willingness to go the extra mile helped me secure my first house as a first generation homebuyer. I am forever grateful for the hard work that Tom put in to make this happen for my family.”

Roy E