Frequently Asked Questions

I’m a self-employed electrician or plumber in Phoenix — can I get a mortgage on my data center income?

Yes. A bank statement loan qualifies your income using actual deposits and a 1099 loan uses gross contractor earnings — neither requires W-2s or relies on Schedule C net income. Self-employed trades workers in Phoenix with 2+ years of self-employment regularly qualify through Non-QM programs.

I work Phoenix data center projects — what neighborhoods are good for me to buy in?

Gilbert, Chandler, and Queen Creek are closest to the primary campus buildouts. San Tan Valley and Maricopa offer newer construction at lower price points with manageable commutes. All have been appreciating with the data center employment influx.

How fast is Phoenix’s data center market growing, and why does it matter for my income stability?

Phoenix data center capacity grew approximately 67% year-over-year in recent measurements — the fastest growth rate among major U.S. markets. Microsoft, Google, and Meta all have significant ongoing campus developments in Chandler and Gilbert.

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