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 Janet Angelo on Apr-25-2026
“Janet made the entire process seamless!”

Stacey

Reviewed for Shawn Cohen on Apr-25-2026
“Fast and easy”

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“its a mortgage, it worked…”

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Reviewed for Maribel Aparicio on Apr-23-2026
“ME A ECHO SENTIR TAN COMFIABLE Y COMODA DURANTE EL PROSESO .. TOTALMENTE ACLARO TODAS MIS DUDAS CON MUCHA PACIENCIA ,TOTALMENTE RECOMENDADA”

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“Manage the under writing smoothy to create a fast and smooth and on time closing.. Highly and smooth closing processes. Thank You for alll your help Patrick”

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Reviewed for on Apr-23-2026
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Reviewed for Caleb Richardson on Apr-22-2026
“From the moment I contacted Caleb I felt like I was in great hands. He and was extremely professional bit at the same time explained each step thoroughly so that I could understand the next step . He made himself available when I needed to speak with him and was an efficient communicator he and Monique made iur lending experience feel effortless and we couldn't more thankful. Thank you again fo everything Caleb! I will be sure to refer your services To ANYONE in need of a loan officer! And it will be my pleasure to do so!”

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Reviewed for Sean Gornick on Apr-21-2026
“People staying on top of everything”

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“Both Scott Brooks and Melissa Fisher were kind, pleasant and knowledgeable Whenever I had a question, they would get back to me almost immediately, which is hard to find these days”

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Reviewed for Eduardo Buller on Apr-20-2026
“Eduardo and team were very informative and answered any questions I had throughout the process and made me feel confident that I chose the right lender. :)”

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