Matador Lending NMLS #2072896 · Licensed in TX, CA, GA, FL
Plano, TX
Mortgages for Plano, Allen, and McKinney buyers who are paid in RSUs or are on a work visa. Resale and new construction, without invented prices or rates.
Loan officer Apurva Sanghavi, NMLS 227127. Company NMLS ID 2072896. NMLS Consumer Access
Plano, Allen, and McKinney are Collin County suburbs with both resale houses and newer subdivisions. A lot of buyers here are paid a base salary plus RSUs, bonus, or both. Employers include large technology and telecom companies, but the underwriting question is the same for any employer: what has already vested and been paid, and is it likely to continue.
Masala Loans is a brand of Matador Lending. The office is at 5718 Westheimer Rd. Suite 1000, Houston, TX 77057. We do not have a branch in this city. Meetings are by phone, video, or WhatsApp.
This page does not quote rates, payments, taxes, or insurance. Those come from the lender, the tax office, the insurer, and the condo or homeowners association on a specific property.
Fannie Mae Selling Guide B3-3.3-07 covers restricted stock units and restricted stock as employment income. In general, the income has to be vested and paid, with a history, and likely to continue. A grant letter by itself is not income. Unvested shares are not cash you have received.
Lenders do not all use the same average. Some follow the agency guide. Some add their own method. We do not run a calculator on this website that outputs a qualifying number, because using the wrong average would invent an income figure.
Bring the last two years of W-2s, recent pay stubs that show vested RSU payouts, the vesting schedule, and the brokerage statements that show the shares were released. If the stock price moved a lot, say so. The lender decides which price history it will use.
A resale in an established Plano or Allen neighborhood usually has a tax history on the improved house. A new build in McKinney or north Plano may still be taxed on the lot, with a Public Improvement District or Municipal Utility District layered on. Read the PID and MUD section on our Frisco and Prosper page. The same Texas statutes apply here.
Resale contracts often have shorter option periods. New-construction contracts follow the builder's form. The lender still needs the contract, the appraisal, and the title work. We do not quote how many days a Collin County closing takes.
Conforming loan limits are set each year by the Federal Housing Finance Agency and can be higher in designated high-cost counties. A loan above the limit for that county is jumbo. We do not publish a dollar limit on this page because the figure changes, and the county the house sits in decides which limit applies. The current tables are on fhfa.gov.
Vested shares that you have sold, with the cash deposited and documented, can be an asset. Unvested RSUs are not cash in the account. The lender sources the deposit the same way it sources any other large deposit.
Yes. All three are in Texas, which is a state where Matador Lending originates loans.