What is a Niche Occupation Program?
The Niche Occupation Program is designed for professionals in specialized careers who may not qualify for traditional mortgage programs due to unique income structures, employment types, or financial situations. These loans provide flexible underwriting guidelines to help self-employed individuals, independent contractors, gig workers, and professionals secure financing.
Who Can Benefit from a Niche Occupation Program?
This program is ideal for:
✔ Doctors, Dentists, and Medical Professionals – High student debt or contract-based income.
✔ Freelancers and Gig Workers – Inconsistent income streams from multiple sources.
✔ Entrepreneurs and Business Owners – Tax deductions that impact reported income.
✔ Real Estate Agents and Investors – Commission-based or investment-driven earnings.
✔ Pilots, First Responders, and Military Personnel – Non-traditional work schedules or relocation.
School Employees
School employees refers to teachers, school administration, and school staff (both public and private).
First Responders
First responders refers to Medical and healthcare workers, law enforcement, firefighters, paramedics, emergency medical technicians, and fire support staff • If your niche occupation is not on this list contact us and we can help you find out whether you are eligible for this program or not.
Key Features of the Program
✔ Flexible Income Verification – Bank statements, 1099s, or other alternative documentation accepted.
✔ Lower Down Payment Options – Depending on eligibility and creditworthiness.
✔ Higher Loan Amounts – Ideal for professionals with strong earning potential.
✔ Debt-to-Income (DTI) Flexibility – More lenient than conventional loans.
✔ No Private Mortgage Insurance (PMI) – Some programs waive PMI requirements.
Down Payment Assistance
Get assistance going towards your down payment and/or your closing costs with a grant.
Enjoy the best rates
Loan rates under Niche Occupation Program are very attractive.
No First-Time Home Buyer Requirement
If you are currently employed as one of the select niche occupations you can qualify for this homebuying program for teachers, law enforcement, firefighters, paramedics, healthcare workers, and other first responders!
Get Up To 5% Of Your First Mortgage Amount Back As A Grant
If you do not have enough money prepared for a down payment, you can get up to 5% of the first mortgage loan amount back as a grant!
