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 Dominick Lombardo on Nov-12-2026
“Quick and smooth process and made it easy”

Lauren A

Reviewed for Ajsa Hebibovic on Nov-11-2026
“My experience was outstanding, and a big reason for that was Ajsa. From beginning to end, she went above and beyond to make sure everything was handled properly. What impressed me most was the amount of time, care, and personal attention she put into the entire process. She was always willing to help, answer questions, and put in the extra effort to make things happen. It’s rare to find someone who genuinely cares as much about their clients and their experience as she does. I’m extremely grateful for everything she did and couldn’t have asked for a better person to work with. She absolutely deserves the five stars!”

Fady

Reviewed for Dominick Lombardo on Nov-10-2026
“Dominick and Team were SOLID all the way through. Great to work with.”

Robert E

Reviewed for Janet Angelo on Nov-10-2026
“Fan-damn-tabulous”

JaneAnn M

Reviewed for Bianca Alvarez on Nov-09-2026
“Bianca is very good at her job and helped us a lot to buy our house. I would recommend her to anyone interested in her services.”

Doris M

Reviewed for Cathy Rebecca Fernandes on Nov-07-2026
“In person availability to discuss issues pertaining to the mortgage loan”

Abibatu

Reviewed for Cathy Rebecca Fernandes on Nov-06-2026
“It was great working with Cathy, she was very knowledgeable and helpful.”

Ignatius

Reviewed for Lacey Hood on Nov-06-2026
“Lacey understood how important this process was to us, and made sure any questions we had got addressed,. We are thankful we got lacey to help us through the process”

Michael

Reviewed for Dan Lapic on Nov-05-2026
“Business would not be business if there wasn't an occasional glitch. How it is handled makes the difference. Dan is very professional, leading you through the complicated steps of the mortgage process. A very pleasant surprise.”

Judith L

Reviewed for David Knaus on Nov-05-2026
“Although the process was extremely stressful David was always there for us and went out of his way to guide us and help us get through it. I would highly recommend David to anyone who is looking for a reliable, honest and hard working mortgage broker.”

Todd Ward