Frequently Asked Questions

I’m a self-employed electrician in Northern Virginia — can I get a mortgage on data center income?

Yes. A 1099 loan or bank statement loan qualifies your income on your actual gross earnings — not your Schedule C net income after write-offs. Northern Virginia’s high-income data center contractors regularly qualify through Non-QM programs.

I’m buying near Northern Virginia’s data center corridor — what does the housing market look like for me?

Home prices in Loudoun County, Sterling, Ashburn, and surrounding communities have appreciated significantly alongside data center employment growth. Prince William County’s Digital Gateway corridor offers comparable access at more accessible price points.

Do I need a jumbo loan to buy near Northern Virginia’s data center corridor?

It depends on the price point. Many communities adjacent to Data Center Alley have median home prices above the standard $806,500 conforming limit. Non-QM jumbo programs are available for well-qualified borrowers at 700+ credit with 20–25% down.

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