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Plano

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Whether you are a first time home buyer or trading up to a larger home, we work to find the best home loan solution for you. Constantly surveying the hundreds of mortgage lenders as well as anonymously testing their staff, we are always aware of the conditions of the home loan market as well as the lenders involved in it.

Best Lender For Plano Home Loans

Unfortunately, the subprime mortgage crisis has caused dramatic changes in the lending climate. Many lending institutions have suffered tremendous losses and as a result have tightened their lending standards drastically. Whereas it used to be very, very easy to meet the requirements in order to get approved, it is now much more difficult with most lenders. When searching for a mortgage lender in Plano, Texas, it is important to find one that not only offers the lowest rates, but also has not tightened lending standards to the point that only a tiny percentage of applicants will qualify. At the top of our list right now is ING DIRECT Orange Mortgage. They have the lowest rates, a free and easy online application, and they have not been severely hurt by the subprime mortgage crisis.  They are still approving the majority of applications.

Plano Texas Overview & Statistics

Plano Overview

As of 2007, Plano's population is 255,009 people. Since 2000, it has had a population growth of 14.85 percent.

The median home cost in Plano is $265,100. Home appreciation the last year has been 0.41 percent.

Compared to the rest of the country, Plano's cost of living is 5.14% Lower than the U.S. average.

Plano public schools spend $5,690 per student. The average school expenditure in the U.S. is $6,058. There are about 14 students per teacher in Plano.

The unemployment rate in Plano is 3.40 percent (U.S. avg. is 4.60%). Recent job growth is Positive. Plano jobs have Increased by 2.08 percent.

Plano Climate

Plano, TX, gets 38 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 73.

On average, there are 229 sunny days per year in Plano, TX. The July high is around 96 degrees. The January low is 33. Our comfort index, which is based on humidity during the hot months, is a 25 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

Plano Housing

The median home value in Plano, TX, is $265,100. Home appreciation is 0.41% over the last year. The median age of Plano, TX, real estate is 13 years.

Plano, TX Apartments and Rentals

Renters make up 30.02% of the Plano, TX, population. 6.49% of houses and apartments in Plano, TX, are unoccupied (vacancy rate).

Plano Crime

Plano, TX, violent crime, on a scale from 1 (low crime) to 10, is 2. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.

Plano, TX, property crime, on a scale from 1 (low) to 10, is 4. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.

For related resources please visit:

www.plano.gov

Plano Real Estate Agents

Texas First Time Home Buyers Grants

Texas First Time Home Buyer Programs

Texas Home Loans

 


   
Warning! Depression 2010
 Real Estate continues to lose value. One expert predicted the subprime financial crisis in 2008 and is now calling for a Depression in 2010. Learn how he is helping others protect and greatly increase their wealth in spite of the financial crisis. Read more>>>
   


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