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 Eduardo Buller on May-01-2025
“All you guys were doing very good working together as a team appreciate all you done thanks”

Juan Jose

Reviewed for Dan Lapic on Apr-30-2025
“Very easy understanding. Any confusion Dan reached back out as soon as possible. Would highly recommend to anyone.”

Tyler A

Reviewed for Eduardo Buller on Apr-30-2025
“Eduardo and susanna are a great team! They are knowledgeable and helpful. Thanks for making my house buying process a great experiance !”

Leilani Camille

Reviewed for Scott Brooks on Apr-30-2025
“Easy and transparent communication. Very informative and was available for calls when I needed more information or help.”

Derrick

Reviewed for Anthony Mendicino on Apr-30-2025
“Fast Fast”

Anna Maria

Reviewed for Maria Laffredo on Apr-29-2025
“The communication and various transitional engagements were effective and very useful…”

Zobong

Reviewed for Robert Glazewski on Apr-29-2025
“As first time home buyers we really didnt know much, but Bob was so fantastic with answering all our questions and being so reliable!”

Rachel Elizabeth

Reviewed for Scott Brooks on Apr-29-2025
“Scott is simply the best—he’s the only person we’ll ever work with! Every experience we’ve had has been outstanding from start to finish. Professional, reliable, and genuinely great to work with. Scott, is THE BEST! -Jackie and Noel”

Jacqueline

Reviewed for Sumit Rajpal on Apr-29-2025
“The team is absolutely amazin! I have very good experience with Sumit Rajpal. Thank you”

Yogesh Kumar

Reviewed for Steve Lewis on Apr-29-2025
“From the first call, Steve took the time to share his vast knowledge and experience with us to help us feel more informed and confident as we navigated this process. Any time that we had questions or needed more clarifcation on a certain aspect of the process, he answered calls and emails to make sure we felt satisfied. As first time home buyers, Steve became someone we felt we could trust and count on every step of the way.”

Timothy