Mbanc Texas

Mbanc Texas – Direct Non-QM Mortgage Bank Licensed by Texas SML

Mbanc has funded Non-QM closings across Texas’s biggest markets: Houston (Mbanc’s #2 Texas city by funded volume), Dallas-Fort Worth (#1 metro for investor activity per ULI 2026 Emerging Trends rankings), Austin (tech-driven self-employed buyer concentration), San Antonio (growing investor market), El Paso, McAllen, Corpus Christi, and the Hill Country vacation-rental markets. Texas is structurally one of the strongest Non-QM markets in the U.S. – no state income tax, landlord-friendly property laws, sustained in-migration from California and the Northeast, and rent-to-purchase-price ratios that make DSCR underwriting work in markets where coastal states cannot.

Texas Non-QM specifics.

DSCR rental property loans for Texas investors. Dallas-Fort Worth is ranked #1 nationally for real estate investment prospects in 2026 (ULI Emerging Trends in Real Estate). Houston is ranked #5. Mbanc DSCR qualifies the property by its rental income – no personal income, no tax returns, no employment verification. Short-term rental income (Airbnb, VRBO) accepted; particularly relevant in Austin, San Antonio (Riverwalk), and Hill Country markets. Minimum DSCR 1.0; best pricing 1.25+. Loan amounts $100K to $3M+ per property.

Bank statement loans for Texas self-employed business owners. Texas has one of the highest concentrations of self-employed business owners in the U.S. (per BLS data – small business formation in Texas led the country in 2024 and 2025). Mbanc bank-statement qualification uses 12 or 24 months of personal or business deposits – no tax returns required. Particularly relevant for Texas oil-and-gas independents, Texas real estate professionals, and Texas restaurant and hospitality owners with seasonal cash-flow patterns.

1099 mortgages for Texas contractors. Texas’s tradesperson and independent-contractor population (electricians, plumbers, HVAC, roofing – large Texas trade economy) qualifies directly from 1099 forms. No business returns, no profit-and-loss statements.

Texas Licensing. Licensed by the Texas Department of Savings and Mortgage Lending as a Mortgage Banker. NMLS Company Identifier #38232. CONSUMER NOTICE – A complaint may be filed against a mortgage banker registered with the Texas Department of Savings and Mortgage Lending. To file a complaint, please write to: Department of Savings and Mortgage Lending, 2601 N. Lamar Blvd., Suite 201, Austin, TX 78705. A toll-free consumer hotline is available at 1-877-276-5550.

Texas-specific considerations. Texas property tax rates are among the highest in the U.S. (2.0 – 2.5% of assessed value in many counties), which materially affects DSCR cash-flow calculations on investor properties – Mbanc underwriting uses current Texas tax rates, not national averages. Texas homestead exemption applies to owner-occupied only. Texas insurance costs vary significantly by county (Gulf Coast wind premiums vs. inland) – Mbanc underwriting accounts for current Texas market rates. The Texas Home Equity Section 50(a)(6) constitutional restrictions apply to certain cash-out refinances on Texas homestead property – Mbanc handles these per the constitutional requirements.

Equal Housing Lender. Loans subject to credit approval. Not a commitment to lend. Programs, rates, and terms subject to change.

View our texas Clear Approval program details.