Q&A · Down Payment Assistance
What's the catch with V1-FAST 100 Plus and Supreme?
Their seconds aren't free money — they have payments.
- Plus: second carries interest at first-mortgage rate + 2%, amortized over 10 years
- Supreme: same structure, reaches 101.5% combined loan-to-value
That 10-year payment counts in your debt-to-income ratio, so you need the income to carry it. The base V1-FAST 100's forgivable second has no payment — that's the real difference.
Want to see if you qualify? Send the 60-second eligibility form — your state, income range, and credit estimate. We'll match you to every program that actually fits. Check my eligibility →