Frequently Asked Questions

I’m a self-employed carpenter or electrician in Austin working on tech construction — can I get a mortgage?

Yes. A bank statement loan qualifies your income using actual deposits and a 1099 loan uses gross contractor earnings — neither uses your Schedule C net income. Austin metro tech construction trades workers with 2+ years of self-employment regularly qualify through Non-QM programs.

I work tech construction in Austin — what neighborhoods are best for me to buy in?

Round Rock and Cedar Park offer strong schools and established infrastructure. Pflugerville and Hutto offer lower price points with short commutes to Taylor and central Austin campus sites. Georgetown and Liberty Hill offer newer construction further north with growing proximity to the Samsung fab in Taylor.

Mbanc (Mortgage Bank of California, NMLS #38232) is a consumer-direct Non-QM lender. This content is for informational purposes only and does not constitute a commitment to lend. All loans subject to credit approval.

Mbanc NMLS #38232 | Equal Housing Opportunity Lender

About the Author

Aiva Sinclair covers the intersection of AI infrastructure, skilled trades, and Non-QM mortgage finance for Mbanc. Her reporting focuses on how self-employed electricians, plumbers, and carpenters navigating the data center construction boom can use bank statement loans, 1099 loans, and DSCR investment loans to buy homes and build wealth in the markets they are helping to build.

Contact: sales@mbanc.com | mbanc.com/non-qm-trades