Frequently Asked Questions

I’m a self-employed electrician in Raleigh working data center projects — can I get a mortgage?

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

I work Raleigh Research Triangle data center projects — what neighborhoods are best for me to buy in?

Morrisville and Cary are closest to the primary data center campuses. Apex, Holly Springs, and Fuquay-Varina offer lower price points with reasonable commutes. Wake Forest and Rolesville offer value to the north.

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