Presumably if someone is helping to make a down payment for you, it helps you qualify, but you said this is going to be available to people who have already qualified. There is a big distinction.
There's a young person out there who doesn't currently qualify for mortgage insurance because he can't muster the down payment or his income isn't high enough, but what if someone came along and said, “Well, what if I helped you out and gave you $20,000 assistance with your down payment? You can give it back to me when you sell the house.” Then he might qualify.
I guess my question is, are people able to use this in order to qualify, or must they have already qualified in order to use it—chicken or egg?