This is an amazing benefit.
At least three important marketing avenues come to mind.
-New home builders (under $260?K)
-Realtors with a client using FHA
If I remember correctly, back in 09’-11’ roughly 90% of the loans were FHA. Much less now, don’t know that figure.
The qualifying loan increase seems to be 2%, and it seems to be a separate, Transferable! loan. That may not seem like much, but as a practicing REA I can attest that sometimes that’s the margin between a deal closing, or not. Any HI that can come in and save the day, change the positive outcome of a deal closing, through Financing no less, is a “DEAL MAKER”, and will be viewed favorably.
That is huge.