Deep roots. Corporate expertise. Competitive rates for Plano homebuyers.
27 Years of Plano Mortgage Experience — Starting as a Kid
My history with Plano goes back to 1970, when my family moved here. I grew up in Plano through 1982, watching the city transform from a modest suburb into one of the most significant corporate addresses in North Texas. Years later, I returned as a mortgage professional, spending 14 years originating home loans at a credit institution in Plano — where I had the privilege of working with employees from some of the most recognizable companies in the world.
Over those 14 years, I closed loans for employees of Alcatel, PepsiCo, Frito-Lay, Yum Brands, Pizza Hut, Taco Bell, Perot Systems, and dozens of other companies that chose Plano as their home. I understand the compensation structures, the relocation packages, the stock options, and the bonus income that corporate employees bring to a loan application — because I’ve navigated those scenarios hundreds of times.
That institutional knowledge doesn’t disappear. When a corporate employee from one of Plano’s major employers sits across from me, I know how to structure their file to get the best possible outcome.
The Plano, TX Real Estate Market
Plano is one of the most stable and consistently in-demand real estate markets in all of North Texas. The 2025 median home price was $540,000, with homes selling in an average of just 25 days and a sold-to-list price ratio of 98.1% — both indicators of a mature, tight market with sustained buyer demand. As of early 2026, prices have moderated slightly to approximately $490,000–$520,000, with limited inventory continuing to support seller-side pricing power.
Plano’s real estate market is heavily segmented by ZIP code. West Plano’s 75093 commands the highest median at approximately $790,000, while the more accessible 75074 corridor offers entry points around $415,000. The 75024 ZIP near the Legacy corridor averages around $590,000. Knowing which corridor fits a buyer’s budget and lifestyle is half the job.
The corporate story in Plano continues to drive long-term demand. In January 2026, AT&T announced plans to relocate its global headquarters to 5400 Legacy Drive — a 54-acre campus in Plano’s Legacy District. Combined with established anchors like Frito-Lay, Toyota Financial Services, Liberty Mutual, and Intuit, Plano’s employment base creates a steady pipeline of high-income buyers and corporate relocatees. That keeps the housing market grounded even when broader conditions soften.
Loan Programs for Plano Home Buyers
Conventional & Jumbo Loans
With median prices ranging from $415,000 to $790,000+ across Plano’s ZIP codes, most purchases fall into conventional territory — and a meaningful share require jumbo financing in West Plano and the Legacy corridor. I work with multiple wholesale investors to find competitive conventional and jumbo programs suited to your down payment strategy, credit profile, and income structure.
Corporate Relocation & Complex Income Loans
Plano’s corporate employment base means many buyers have income that doesn’t fit neatly into a W-2 box: RSUs, annual bonuses, commissions, severance structures, and relocation allowances. I have 14 years of experience structuring loans for exactly this profile — knowing which income types lenders will count, how to document bonus history, and how to position a file for the strongest possible approval.
VA Loans
Veterans and active-duty service members buying in Plano can use their VA loan benefit for zero down payment and no PMI. With no loan limit for borrowers with full entitlement, VA financing is a powerful tool even at Plano’s higher price points. I am experienced in VA transactions and will help you maximize this earned benefit.
FHA Loans
For buyers entering the Plano market at lower price points — particularly in the 75074 and 75075 corridors — FHA financing offers a low-down-payment path with flexible qualification guidelines. First-time buyers and those rebuilding credit history will find FHA a strong fit at these price points.
Refinance & Equity Products
Plano’s decade of strong appreciation means many existing homeowners are sitting on significant equity. Whether you’re looking to lower your rate, pull equity for a renovation, or consolidate debt, I can evaluate your options across multiple lenders and help you determine whether a refinance makes financial sense in today’s rate environment.
Why Work with a Local Mortgage Broker in Plano?
Plano is not a market you navigate on autopilot. The ZIP-code-level price variation is significant, the buyer pool is competitive and well-qualified, and the corporate relocation dynamic creates loan scenarios that require experience to handle correctly. A national call center lender doesn’t know that 75093 and 75074 are fundamentally different markets, or how to handle a file where half the qualifying income comes from an annual bonus.
As an independent mortgage broker with access to multiple wholesale investors, I’m not locked into one lender’s rate sheet or underwriting guidelines. I shop your loan across lenders to find the right combination of rate, terms, and approval confidence — and I stay personally involved from application to closing. No hand-offs. No surprises. Just straight answers from someone who has been doing this in Plano for decades.
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Homewood Mortgage, LLC | NMLS #294974 | Wayne Wallace NMLS #745186 | Licensed in Texas | This is not a commitment to lend.