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 Elaine Willeford on May-21-2026
“Thank you Elaine!”

Kayleigh Marie Behel

Reviewed for Sumit Rajpal on May-21-2026
“Great and knowledgeable team”

Gurwinder

Reviewed for Leather Banks on May-21-2026
“Attention to detail from Leather, her communication and just general assisstance and patience, my wife and I are first time home buyers and i cannot express how thankful I am for her, she walked us through everything and answered all questions.”

Erick Gabriel

Reviewed for Elaine Willeford on May-21-2026
“She was always there for us whenever we needed her to help & she never hesitated to help us . She was wondering in giving us the best service and we are very thankful for all that she did for us!!”

Marci Griffin

Reviewed for Lynn Owenby on May-20-2026
“Lynn was very patient and kind. He broke everything down for us so we could understand clearly. He was always available to answer questions and worked diligently to help us get the best offer. As first time home buyers we are so grateful for him and his love for his work!”

Gilda Ramos

Yoenny Manuel

Reviewed for Sumit Rajpal on May-20-2026
“Sumit was very timelu with his work as he worked great around my schedule. He helped me out tremendously as without him this wouldnt be possible z”

Vijay Ramanbhai

Reviewed for Steven Galin on May-19-2026
“Steve was great, the communication was outstanding. His explanation of everything was great. The only issues were with the housing program and timing of certain things.”

Christopher M

Reviewed for Lynn Owenby on May-18-2026
“Always commnicate kept me updated on the progress and always called me back and answered all my questions I had.”

Beatriz

Reviewed for Dominick Lombardo on May-18-2026
“We needed the process to be quick, Dominick delivered!”

Paul