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 Beth Wood on Jan-10-2026
“Beth Wood was always very responsive to any questions I had, and often told me about any information I might have been unsure of before I asked.”

Brittany

Reviewed for Justin Wallace on Jan-08-2026
“Justin Wallace was great, he communicated well and worked with me to reach the outcome I was looking for. Your loan processor Monique was good too, although I did not appreciate having to write my own addendums. I don't write contracts, thank goodness for ChatGPT! Get rid of your purchasing officer / title company, Equity National Title, they have no idea what they are doing. We had to explain to their attorney and COO what was going on as they made the whole process conveluted and frustrating, it seemed like no one was talking to each other and eveyone had an opinion on the whole process.”

Matthew Paul

Reviewed for Parker Williams on Jan-08-2026
“Everyone made sure we knew what to expect from beginning to end. Process was great. Everyone was polite, and professional.”

LIONEL L

Reviewed for Beth Wood on Jan-08-2026
“All things.”

Timothy

Reviewed for Anthony Mendicino on Jan-07-2026
“We were able to complete the entire process quickly and efficiently. The customer service was excellent.”

Richard

Reviewed for Karen Pavlovich on Jan-07-2026
“Karen and her team were extremely professional, kind and patient. I had been looking for several years for a place and I appreciated Karen’s honesty with me. I would recommend her in a heartbeat!”

Lanora T

Reviewed for Donald Holmes on Jan-07-2026
“Donald and team we amazing , friendly and helped me get my first home”

Quinten

Reviewed for Samuel Corona Jr. on Jan-06-2026
“Sam made the process extremely easy. He kept in constant contact so I knew exacly where we were in the process the whole time. Sam's the best. I would recommend Same to my family and friends.”

Lisa D

Reviewed for Eduardo Buller on Jan-06-2026
“People always find angels on our path. Very grateful for the introduction to understand the entire process, grateful for taking care of every detail, for taking us by the hand and for understanding what our family occupied. Very professional, very engaged and above all very understanding. We are very grateful for all your help and your great contribution to this process.Thank you so much EDUARDO”

Edgar

Reviewed for Donald Holmes on Jan-05-2026
“Don was very helpful with answering any questions we had and very responsive throughout the process.”

Elizabeth J