31 Mortgage Niches That You May Have Never Thought About

There were two niches that made me famous in my community:  New construction (including construction loans) and self-employed borrowers. Those two niches were like giant 5,000-piece puzzles to me; both were challenging, yet I loved it when it all the pieces fit at the end.

So, I asked my Facebook friends to post the niche-type mortgages they originate.  The types of buyers they prefer to work with. The list you are about to read presents loan programs for home buyers of one-to-four family homes. It does not include commercial-type loans (offices, apartment complexes, churches, farms, for example).

There are more than a couple of ways to make a buck or two in the mortgage business—and here are 31 of them for you to consider.

1.       USDA/Rural Housing

2.       FHA with second mortgage

3.       Empty nesters

4.       Vacation homes

5.       Energy-efficient mortgages

6.       New construction

7.       Construction Loans

8.       Kiddie condos

9.       Veterans

10.   Expanding families

11.   Luxury homes

12.   Foreign buyers

13.   Native Americans

14.   Bond programs

15.   Credit repair

16.   Renovation

17.   Home path

18.   Divorce niche

19.   Self employed

20.   Small business owners

21.   Good neighbor next door

22.   Homes for Heroes

23.   Doctors

24.   Recent college graduates

25.   Relocation

26.   Borrowers with previous short sales

27.   Mortgage Credit Certificate program

28.   Reverse mortgages

29.   Employee benefits program

30.   First-time buyers

31.   Investment properties

Many of these niches have “special designations” that you can get certified for through various mortgage training schools, including the National Association of Realtors. 

If you have a niche that is not mentioned here, would you please post on http://www.facebook.com/loanofficertraining

So, pick a niche—and get rich!