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 Nancy Davis on Oct-30-2025
“Nancy was INCREDIBLE. As a first time home buyer, I was nervous going into this process. Nancy made securing a loan and buying a home a reality for me. Thank you Nancy for your time and support!”

Anne E

Reviewed for David Knaus on Oct-30-2025
“David took the time to answer any questions . went above and beyond to make sure the process was smooth.”

Jennifer

Reviewed for Cathy Rebecca Fernandes on Oct-29-2025
“Cathy was very helpful throughout our entire process. She is incredibly kind a personable and it was a joy working with her and her staff.”

Sara N

Reviewed for Jay Walsh on Oct-29-2025
“Efficient Service”

Gregory Albert

Reviewed for Steven Galin on Oct-29-2025
“We are first time home owners, our agent, Steven offered his time and gentle advice to walk us through the long process of purchasing a home. Steven became someone we can just text or call with any quick question, thus providing peace of mind. We are now done with the transaction but we know Steven will be there if we ever need him.”

Omar Gonzalo

Reviewed for Justin Wallace on Oct-28-2025
“Excellente!!”

Christopher John

Reviewed for Rosemarie Gadsby-Devlin on Oct-28-2025
“The great communication and service.”

Unique

Reviewed for Parker Williams on Oct-28-2025
“Very professional and helpful.”

John A

Reviewed for Rosemarie Gadsby-Devlin on Oct-27-2025
“Rosemarie was very accommodating and answered all of my questions and concerns!”

Joseph Aaron

Reviewed for Steve Fuhrman on Oct-25-2025
“From the first time that I made the call to Steve he was so attentive and quick to answer any questions that I might of had during my search for a home mortgage journey he had also assured me that he would be available if needed to respond to any issues or concerns that I might of had during the homeowner process. He kept me informed of any changes or documents that I had to provide on a daily basis knowing that it was my first time there, were times when I wasn't sure if I was going to be approved for the loan, but Steve steadfast me and never gave up which honestly, ignited the power within myself to stay focus knowing that having patience during that time would end up with me purchasing my first home his team worked diligently as well , however,! I could go on and on .. boasting about my experience working with Steve now that my experience is over with the pre approval process to the approval process I feel like I gained a genuine friend from Allied Mortgage, who is willing to offer a piece of financial advice that I know will help me moving forward with my mortgage. Thank you Steve, Joann, Ryan whomever was part of my mortgage process. Steve I will definitely recommend you to someone who is planning on purchasing a home. Great Job! Josephine Worthington”

Josephine Y