Texas Capital Bank Mortgage Rates, Fees & Info

Dallas, TX

LEI: 38PG5GG0OEQK4QMSKE59

Tax ID: 75-2695994

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Texas Capital Bank is a smaller bank specializing in Home Purchase and Refi loans. Texas Capital Bank has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Nashville, Austin, Houston, and San Antonio among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Texas Capital Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Texas Capital Bank is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    89

    Origination Dollar Volume (All Markets)

    $218,485,000

    Employee count

    1,662 Show all (5) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 19 $65,145,000 $3,428,684 $14,360 3.93%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $65,005,000 $65,005,000 $0 3.89%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 12 $28,800,000 $2,400,000 $19,009 3.91%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 22 $27,520,000 $1,250,909 $17,728 3.96%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 17 $9,215,000 $542,059 $8,373 4.39%
    LAKE CHARLES, LA (FHA|USDA|VA) 1 $5,405,000 $5,405,000 $0 5.01%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $4,505,000 $4,505,000 $53,524 4.00%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $2,510,000 $1,255,000 $13,875 4.13%
    Edwards, CO (FHA|USDA|VA) 1 $2,505,000 $2,505,000 $29,709 3.75%
    Outside of Metro Areas 4 $2,260,000 $565,000 $5,480 4.31%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $1,360,000 $680,000 $7,483 4.00%
    Athens, TX (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $0 5.00%
    MIDLAND, TX (FHA|USDA|VA) 2 $1,010,000 $505,000 $8,067 4.63%
    Brownwood, TX (FHA|USDA|VA) 1 $855,000 $855,000 $19,542 4.38%
    Bonham, TX (FHA|USDA|VA) 1 $505,000 $505,000 $8,373 4.13%
    NAPA, CA (FHA|USDA|VA) 1 $405,000 $405,000 $6,158 4.25%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $275,000 $275,000 $3,328 3.88%
    Texas Capital Bank's top markets include Dallas, Nashville, Austin, Houston, and San Antonio among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Louisiana (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Texas Capital Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    NEIGHBORHOOD
    Similarity Rank: 200
    CORNERSTONE MORTGAGE PROVIDERS
    Similarity Rank: 291
    TEXANS
    Similarity Rank: 416
    Priority Bank
    Similarity Rank: 456
    SOUTHERN LENDING SERVICES, LTD.
    Similarity Rank: 472
    AUSTIN TELCO Federal Credit Union
    Similarity Rank: 481
    JSC
    Similarity Rank: 900
    A+ Federal Credit Union
    Similarity Rank: 975
    TEXAS BAY
    Similarity Rank: 980
    First Commercial Bank
    Similarity Rank: 1122

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 89 $218,485,000 $2,454,888 $14,571 4.10%

    For 2018, Texas Capital Bank's most frequently originated type of loan was Conventional, with 89 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 67 $127,295,000 $1,899,925 $15,220 4.12%
    Refi 11 $71,615,000 $6,510,455 $5,687 4.13%
    Cash Out Refi 6 $10,880,000 $1,813,333 $18,645 4.06%
    Other 5 $8,695,000 $1,739,000 $18,145 3.80%

    For 2018, Texas Capital Bank's most frequently cited loan purpose was Home Purchase, with 67 originations. The 2nd most popular reason was Refi, with 11 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 62 $80,250,000 $1,294,355 $12,358 3.93%
    30+ year 13 $23,865,000 $1,835,769 $27,103 3.97%
    5 Year 5 $6,325,000 $1,265,000 $0 5.47%
    Other 5 $40,335,000 $8,067,000 $4,640 4.72%
    3 Year 2 $66,210,000 $33,105,000 $0 4.45%
    20 Year 1 $305,000 $305,000 $4,174 4.88%
    1 Year 1 $1,195,000 $1,195,000 $9,204 4.25%

    For 2018, Texas Capital Bank's most frequently cited loan duration was 30 Year, with 62 originations. The 2nd most popular length was 30+ year, with 13 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 49 $63,825,000 $1,302,551
    $5k+ 25 $39,215,000 $1,568,600
    $3k-4k 2 $2,480,000 $1,240,000
    $1k-2k 1 $145,000 $145,000
    $2k-3k 1 $275,000 $275,000

    Texas Capital Bank's average total fees were $12,358, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 49 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 53 $148,545,000 $2,802,736
    4-5% 28 $24,340,000 $869,286
    5-6% 6 $6,830,000 $1,138,333
    <2.5% 1 $265,000 $265,000
    2.5-3% 1 $38,505,000 $38,505,000

    During 2018, Texas Capital Bank's average interest rate for loans was 3.93%, while their most frequently originated rate bucket for loans was 3-4%, with 53 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 36 $191,920,000 $5,331,111 $24,762 3.94%
    $600k-1MM 19 $14,515,000 $763,947 $11,508 4.07%
    $200k-400k 15 $4,565,000 $304,333 $4,172 3.97%
    $400k-600k 13 $6,545,000 $503,462 $6,376 4.35%
    $100k-200k 6 $940,000 $156,667 $2,830 4.87%

    2018 saw Texas Capital Bank place emphasis on $1MM+ loans with 36 originations, totaling $191,920,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 67 $102,025,000 $1,522,761 $16,348 3.97%
    $150k-250k 6 $2,500,000 $416,667 $5,255 4.42%
    $100k-150k 3 $1,225,000 $408,333 $4,159 3.67%
    $75k-100k 2 $420,000 $210,000 $5,169 4.00%
    $50k-75k 1 $405,000 $405,000 $6,158 4.25%

    Texas Capital Bank lent most frequently to those with incomes in the $250k+ range, with 67 originations. The second most popular income band? $150k-250k, with 6 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 22 $27,670,000 $1,257,727 $12,198 3.87%
    30-36% 16 $20,840,000 $1,302,500 $13,685 3.97%
    <20% 6 $3,760,000 $626,667 $7,190 4.48%
    >60% 6 $11,250,000 $1,875,000 $22,332 3.90%
    45% 5 $5,555,000 $1,111,000 $17,573 3.93%
    47% 5 $18,455,000 $3,691,000 $32,845 3.88%
    50-60% 4 $4,900,000 $1,225,000 $13,471 4.16%
    39% 3 $3,055,000 $1,018,333 $12,095 3.88%
    40% 3 $1,165,000 $388,333 $5,657 4.21%
    36% 2 $1,660,000 $830,000 $10,665 3.88%
    49% 2 $2,010,000 $1,005,000 $9,519 3.94%
    46% 1 $1,005,000 $1,005,000 $5,903 4.50%
    43% 1 $2,225,000 $2,225,000 $23,067 4.25%
    38% 1 $645,000 $645,000 $15,248 3.88%
    41% 1 $975,000 $975,000 $17,369 3.88%
    44% 1 $1,005,000 $1,005,000 $18,090 4.00%

    Texas Capital Bank lent most frequently to those with DTI ratios of 20-30%, with 22 originations. The next most common DTI ratio? 30-36%, with 16 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 9 $111,745,000 $12,416,111 $0 4.96%
    White 66 $91,490,000 $1,386,212 $15,034 4.01%
    Not provided 11 $11,085,000 $1,007,727 $11,669 4.14%
    Asian 3 $4,165,000 $1,388,333 $15,335 3.33%

    Approval Rates

    Total approvals of all applications
    99.94%

    Texas Capital Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    88.76%

    Texas Capital Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 89 $218,485,000 $2,454,888

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 4 $109,620,000 $27,405,000
    Single Family (1-4 Units):Site-Built 85 $108,865,000 $1,280,765

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 4 $1,580,000 $395,000 $5,644 4.22%
    40-60% 20 $120,350,000 $6,017,500 $9,785 4.08%
    60-80% 50 $79,060,000 $1,581,200 $17,132 4.05%
    80-100% 13 $16,455,000 $1,265,769 $15,407 4.28%
    Under 20% 2 $1,040,000 $520,000 $5,668 4.00%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Texas Capital Bank, National Association 1 Riverway, Suite 150 Houston, TX 77056 Full Service B&M $2,080,667
    Texas Capital Bank, National Association 2000 Mckinney Ave, Suite 700 Dallas, TX 75201 Full Service B&M $14,645,262
    Texas Capital Bank, National Association 2350 Lakeside Blvd, Suite 105 Richardson, TX 75082 Full Service B&M $37,714
    Texas Capital Bank, National Association 2350 Lakeside Blvd, Suite 800 Richardson, TX 75082 Full Service Cyber Office $390,505
    Texas Capital Bank, National Association 300 Throckmorton Street, Suite 100 Fort Worth, TX 76102 Full Service B&M $263,025
    Texas Capital Bank, National Association 340 Singleton Boulevard Dallas, TX 75212 Full Service B&M $327
    Texas Capital Bank, National Association 4424 W Sam Houston Pkwy North, Suite 170 Houston, TX 77041 Full Service B&M $332,229
    Texas Capital Bank, National Association 5800 Granite Parkway, Suite 150 Plano, TX 75024 Full Service B&M $569,779
    Texas Capital Bank, National Association 5910 North Central Expy Suite 150 Dallas, TX 75206 Full Service B&M $149,633
    Texas Capital Bank, National Association 7373 Broadway, Suite 100 San Antonio, TX 78209 Full Service B&M $78,886
    Texas Capital Bank, National Association 745 East Mulberry Avenue, Suite 150 San Antonio, TX 78212 Full Service B&M $815,943
    Texas Capital Bank, National Association 98 San Jacinto Blvd, Suite 150 Austin, TX 78701 Full Service B&M $1,068,182

    For 2018, Texas Capital Bank had 12 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $1,168,503
    Net interest income $927,951
    Total noninterest income $65,736
    Gross Fiduciary activities income $1,883
    Service charges on deposit accounts $12,971
    Trading account gains and fees $0
    Additional Noninterest Income $50,882
    Pre-tax net operating income $396,561
    Securities gains (or losses, -) $-974
    Income before extraordinary items $312,852
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $312,852
    Minority interest net income $1,694
    Net income $311,158
    Sale, conversion, retirement of capital stock, net $8,974
    Net operating income $313,621

    Texas Capital Bank's gross interest income from loans was $1,168,503,000.
    Texas Capital Bank's net interest income from loans was $927,951,000.
    Texas Capital Bank's fee based income from loans was $12,971,000.
    Texas Capital Bank's net income from loans was $311,158,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $240,552
    Provision for credit losses $84,637
    Total noninterest expense $512,489
    Salaries and employee benefits $290,723
    Premises and equipment expense $30,292
    Additional noninterest expense $191,474
    Applicable income taxes $82,735
    Net charge-offs $77,770
    Cash dividends $10,400

    Texas Capital Bank's interest expense for loans was $240,552,000.
    Texas Capital Bank's payroll and benefits expense were $290,723,000.
    Texas Capital Bank's property, plant and equipment expenses $30,292,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 1.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $20,696,229
    Deposits held in domestic offices $20,696,229
    Deposits by Individuals, partnerships, and corporations $17,660,963
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $113,236
    Deposits by Commercial banks and other depository institutions in U.S. $2,922,030
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $2,284,408
    Demand deposits $2,284,408
    Nontransaction accounts $18,411,821
    Money market deposit accounts (MMDAs) $15,505,383
    Other savings deposits (excluding MMDAs) $891,914
    Total time deposits $2,014,524
    Total time and savings deposits $18,411,821
    Noninterest-bearing deposits $7,406,956
    Interest-bearing deposits $13,289,273
    Retail deposits $16,935,350
    IRAs and Keogh plan accounts $2,464
    Brokered deposits $3,590,856
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $28,246,367
    Cash & Balances due from depository institutions $3,030,176
    Interest-bearing balances $2,816,004
    Total securities $120,216
    Federal funds sold & reverse repurchase $50,190
    Net loans and leases $24,338,526
    Loan and leases loss allowance $191,522
    Trading account assets $20,364
    Bank premises and fixed assets $23,802
    Other real estate owned $79
    Goodwill and other intangibles $61,751
    All other assets $601,263

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $28,246,367
    Total Liabilities $25,726,809
    Total deposits $20,696,229
    Interest-bearing deposits $13,289,273
    Deposits held in domestic offices $20,696,229
    % insured (estimated) $43
    Federal funds purchased and repurchase agreements $641,174
    Trading liabilities $20,364
    Other borrowed funds $3,900,000
    Subordinated debt $223,153
    All other liabilities $245,889

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $24,338,526
    Loan and leases loss allowance $191,522
    Total loans and leases (domestic) $24,530,048
    All real estate loans $8,012,488
    Real estate loans in domestic offices $8,012,488
    Construction and development loans $2,190,349
    Residential 1-4 family construction $680,650
    Other construction, all land development and other land $1,509,699
    Loans secured by nonfarm nonresidential properties $3,127,053
    Nonfarm nonresidential secured by owner-occupied properties $756,375
    Commercial real estate & other non-farm, non-residential $2,370,678
    Multifamily residential real estate $246,492
    1-4 family residential loans $2,432,762
    Farmland loans $15,832
    Loans held in foreign offices $0
    Farm loans $4,591
    Commercial and industrial loans $8,250,591
    To non-U.S. addressees $800
    Loans to individuals $73,144
    Credit card loans $0
    Related Plans $42,287
    Consumer Auto Loans $213
    Other loans to individuals $30,644
    All other loans & leases $8,268,105
    Loans to foreign governments and official institutions $0
    Other loans $7,481,150
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $729,709
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Texas Capital Bank had $24,338,526,000 of loans outstanding in 2018. $8,012,488,000 of loans were in real estate loans. $2,190,349,000 of loans were in development loans. $246,492,000 of loans were in multifamily mortgage loans. $2,432,762,000 of loans were in 1-4 family mortgage loans. $4,591,000 of loans were in farm loans. $0 of loans were in credit card loans. $213,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 305 $122,607 $401,990
    Nonfarm, nonresidential loans - <$100k 16 $783 $48,938
    Nonfarm, nonresidential loans - $100-250k 53 $8,266 $155,962
    Nonfarm, nonresidential loans - $250k-1MM 236 $113,558 $481,178
    Commercial & Industrial, US addressed loans - <$1MM 91,662 $1,266,634 $13,819
    Commercial & Industrial, US addressed loans - <$100k 86,973 $465,586 $5,353
    Commercial & Industrial, US addressed loans - $100-250k 2,656 $232,103 $87,388
    Commercial & Industrial, US addressed loans - $250k-1MM 2,033 $568,945 $279,855
    Farmland loans - <$1MM 4 $1,437 $359,250
    Farmland loans - $100-250k 1 $166 $166,000
    Farmland loans - $250k-1MM 3 $1,271 $423,667
    Agriculture operations loans - <$1MM 1 $236 $236,000
    Agriculture operations loans - $100-250k 1 $236 $236,000