Frequently Asked Questions

I’m a self-employed plumber working DFW data center projects — can I get a mortgage?

Yes. A 1099 loan qualifies your gross contractor income, and a bank statement loan qualifies your bank deposits — neither uses your Schedule C net income. DFW data center trades workers with 2+ years of self-employment regularly qualify through Non-QM programs.

I work DFW data center projects — what Dallas neighborhoods should I look at for buying a home?

Frisco, Prosper, McKinney, and Celina offer newer construction at accessible price points with reasonable commutes to the primary DFW data center corridors in Plano, Allen, Irving, and Carrollton.

Is Texas a good state for self-employed trades workers to buy property?

Yes. Texas has no state income tax, which increases take-home income relative to comparable earnings in taxed states. Strong population growth, major data center investment, and lower property costs than coastal markets make it one of the most compelling states for self-employed tradespeople to buy and invest.

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