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-07-2026
“Consistent communication made the process very easy.”

Damion Joseph Alexan

Reviewed for Sofia Haas on May-07-2026
“Sofia's knowledge and patienc. Always willing to answer every Question at any time.”

Alexis

Reviewed for Lynn Owenby on May-07-2026
“Working with Lynn was an incredible experience. From start to finish, he was prompt, efficient, and communicated very clearly. Throughout the entire process he was there to answer any questions and provide support that we needed. I wish him well and all of his endeavors, and I will most certainly refer him to anyone looking for his assistance and expertise.”

Chase Weston

Reviewed for Steve Fuhrman on May-06-2026
“Steve's immense knowlege base and above and beyond communication skills made this experience seamless. I wouldn't hesitate to refer anyone to Steve for their mortgage or financial needs.”

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Reviewed for Wendy Monaco on May-06-2026
“Mrs. Monaco was Articulate, patient & thorough. After falling out with a previous lender & realtor, she made the transition seemless and her recommendations and references as well. Truly grateful to have made her acquaintance, Ty!”

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Reviewed for Cathy Rebecca Fernandes on May-05-2026
“Cathy answers all questions and makes it easy to understand . She always gets back to you also It was a pleasure working with her She's the best”

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“Paul was knowledgeable, efficient and best of all available whenever we had a question or concern. A++++ Service!!!”

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Elizabeth