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
  • Complaints
  • 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, Houston, San Antonio, Austin, and Salinas among others. We have data for 20 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.

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    Originations

    63

    Origination Dollar Volume (All Markets)

    $181,505,000

    Employee count

    1,736

    Awards

    Texas Capital Bank 30 Year Conventional Loans gold Texas Capital Bank 30 Year Conventional Loans gold
    Show all (2) 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) 9 $42,025,000 $4,669,444 $30,175 4.00%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 9 $34,555,000 $3,839,444 $29,018 4.58%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 8 $31,820,000 $3,977,500 $15,895 3.77%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 18 $22,520,000 $1,251,111 $20,412 3.75%
    SALINAS, CA (FHA|USDA|VA) 1 $16,505,000 $16,505,000 $0 3.51%
    AMARILLO, TX (FHA|USDA|VA) 1 $15,005,000 $15,005,000 $0 5.26%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $4,805,000 $4,805,000 $0 3.83%
    URBAN HONOLULU, HI (FHA|USDA|VA) 1 $2,585,000 $2,585,000 $35,188 3.00%
    Outside of Metro Areas 3 $2,545,000 $848,333 $12,755 3.21%
    Kalispell, MT (FHA|USDA|VA) 1 $2,005,000 $2,005,000 $28,595 4.50%
    Edwards, CO (FHA|USDA|VA) 1 $1,765,000 $1,765,000 $20,845 3.00%
    Glenwood Springs, CO (FHA|USDA|VA) 1 $1,505,000 $1,505,000 $4,430 3.00%
    BOULDER, CO (FHA|USDA|VA) 1 $1,315,000 $1,315,000 $0 4.65%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $780,000 $390,000 $3,568 4.69%
    Rockport, TX (FHA|USDA|VA) 1 $505,000 $505,000 $0 5.65%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $465,000 $465,000 $4,861 3.63%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $345,000 $345,000 $2,956 3.50%
    Montrose, CO (FHA|USDA|VA) 1 $215,000 $215,000 $1,706 3.75%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $155,000 $155,000 $3,860 4.00%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $85,000 $85,000 $2,065 4.25%
    Texas Capital Bank's top markets include Dallas, Houston, San Antonio, Austin, and Salinas among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Hawaii (FHA|USDA|VA)
  • Montana (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.

    MEMBERS CHOICE Credit Union
    Similarity Rank: 549
    SMART FINANCIAL CREDIT UNION
    Similarity Rank: 707
    TEXAS BAY
    Similarity Rank: 888
    AMERANT BANK, NATIONAL ASSOCIATION
    Similarity Rank: 1060
    TEXANS
    Similarity Rank: 1204
    SMART CHOICE MORTGAGE, A TEXAS LIMITED LIABILITY C
    Similarity Rank: 1215
    NEIGHBORHOOD
    Similarity Rank: 1228
    JSC
    Similarity Rank: 1296
    SOUTHERN LENDING SERVICES, LTD.
    Similarity Rank: 1340
    PIKE CREEK MORTGAGE SERVICES, INC.
    Similarity Rank: 1368

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 63 $181,505,000 $2,881,032 $19,231 3.96%

    For 2019, Texas Capital Bank's most frequently originated type of loan was Conventional, with 63 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 39 $59,075,000 $1,514,744 $23,134 3.79%
    Refi 18 $110,410,000 $6,133,889 $3,770 4.42%
    Other 4 $6,580,000 $1,645,000 $16,041 3.59%
    Cash Out Refi 2 $5,440,000 $2,720,000 $19,231 3.75%

    For 2019, Texas Capital Bank's most frequently cited loan purpose was Home Purchase, with 39 originations. The 2nd most popular reason was Refi, with 18 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 38 $49,450,000 $1,301,316 $15,767 3.48%
    Other 8 $35,680,000 $4,460,000 $0 4.59%
    5 Year 6 $17,230,000 $2,871,667 $0 5.46%
    30+ year 5 $13,935,000 $2,787,000 $48,518 4.08%
    3 Year 4 $61,310,000 $15,327,500 $0 4.60%
    1 Year 2 $3,900,000 $1,950,000 $4,430 4.50%

    For 2019, Texas Capital Bank's most frequently cited loan duration was 30 Year, with 38 originations. The 2nd most popular length was Other, with 8 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 21 $41,435,000 $1,973,095
    $<1k 13 $11,085,000 $852,692
    $1k-2k 7 $11,445,000 $1,635,000
    $2k-3k 2 $470,000 $235,000
    $4k-5k 1 $455,000 $455,000

    Texas Capital Bank's average total fees were $15,767, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 21 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 28 $69,560,000 $2,484,286
    4-5% 16 $46,870,000 $2,929,375
    2.5-3% 10 $22,420,000 $2,242,000
    5-6% 6 $42,050,000 $7,008,333
    6-7% 3 $605,000 $201,667

    During 2019, Texas Capital Bank's average interest rate for loans was 3.48%, while their most frequently originated rate bucket for loans was 3-4%, with 28 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 35 $167,885,000 $4,796,714 $28,017 3.77%
    $600k-1MM 9 $7,255,000 $806,111 $11,717 4.14%
    $400k-600k 8 $4,010,000 $501,250 $7,561 4.09%
    $200k-400k 6 $1,590,000 $265,000 $4,108 3.87%
    $100k-200k 4 $680,000 $170,000 $3,714 5.03%
    $100,000 or less 1 $85,000 $85,000 $2,065 4.25%

    2019 saw Texas Capital Bank place emphasis on $1MM+ loans with 35 originations, totaling $167,885,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 37 $62,365,000 $1,685,541 $23,021 3.60%
    $100k-150k 2 $920,000 $460,000 $7,615 4.06%
    $150k-250k 2 $690,000 $345,000 $5,097 3.38%
    $50k or less 2 $1,720,000 $860,000 $3,068 3.38%
    $75k-100k 2 $240,000 $120,000 $2,963 4.13%
    $50k-75k 1 $345,000 $345,000 $2,956 3.50%

    Texas Capital Bank lent most frequently to those with incomes in the $250k+ range, with 37 originations. The second most popular income band? $100k-150k, with 2 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 9 $12,115,000 $1,346,111 $12,439 3.43%
    20-30% 8 $19,680,000 $2,460,000 $33,664 3.45%
    30-36% 6 $7,400,000 $1,233,333 $17,841 3.18%
    50-60% 3 $6,005,000 $2,001,667 $22,951 3.50%
    41% 2 $2,120,000 $1,060,000 $8,512 3.50%
    44% 2 $1,660,000 $830,000 $9,986 3.38%
    45% 2 $4,170,000 $2,085,000 $39,172 4.06%
    >60% 2 $1,710,000 $855,000 $13,890 4.00%
    37% 2 $1,880,000 $940,000 $11,217 3.81%
    38% 2 $2,330,000 $1,165,000 $18,484 4.00%
    40% 2 $3,040,000 $1,520,000 $22,322 3.50%
    46% 1 $705,000 $705,000 $6,946 3.63%
    49% 1 $455,000 $455,000 $10,368 4.50%
    42% 1 $1,275,000 $1,275,000 $21,568 3.25%
    39% 1 $345,000 $345,000 $2,956 3.50%

    Texas Capital Bank lent most frequently to those with DTI ratios of <20%, with 9 originations. The next most common DTI ratio? 20-30%, with 8 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 16 $113,910,000 $7,119,375 $0 4.87%
    White 37 $55,125,000 $1,489,865 $20,256 3.69%
    Not provided 8 $10,760,000 $1,345,000 $17,713 3.47%
    American Indian 1 $1,555,000 $1,555,000 $11,887 3.08%
    Black 1 $155,000 $155,000 $3,860 4.00%

    Approval Rates

    Total approvals of all applications
    100.00%

    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
    65.08%

    Texas Capital Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 63 $181,505,000 $2,881,032

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 10 $112,300,000 $11,230,000
    Single Family (1-4 Units):Site-Built 53 $69,205,000 $1,305,755

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 4 $3,790,000 $947,500 $8,712 3.31%
    40-60% 12 $37,340,000 $3,111,667 $9,728 4.16%
    60-80% 40 $131,480,000 $3,287,000 $24,127 3.94%
    80-100% 4 $5,700,000 $1,425,000 $15,553 3.91%
    Over 100% 2 $2,110,000 $1,055,000 $4,430 4.38%
    Under 20% 1 $1,085,000 $1,085,000 $0 4.10%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    TEXAS CAPITAL BANCSHARES, INC. Conventional home mortgage Trouble during payment process 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Texas Capital Bank, National Association 1330 Post Oak Blvd, Suite 100 Houston, TX 77056 Full Service B&M $1,587,613
    Texas Capital Bank, National Association 2000 Mckinney Ave, Suite 700 Dallas, TX 75201 Full Service B&M $17,753,733
    Texas Capital Bank, National Association 2350 Lakeside Blvd, Suite 105 Richardson, TX 75082 Full Service B&M $43,317
    Texas Capital Bank, National Association 2350 Lakeside Blvd, Suite 800 Richardson, TX 75082 Full Service Cyber Office $342,395
    Texas Capital Bank, National Association 300 Throckmorton Street, Suite 100 Fort Worth, TX 76102 Full Service B&M $246,439
    Texas Capital Bank, National Association 340 Singleton Boulevard Dallas, TX 75212 Full Service B&M $1,584
    Texas Capital Bank, National Association 4424 W Sam Houston Pkwy North, Suite 170 Houston, TX 77041 Full Service B&M $488,442
    Texas Capital Bank, National Association 5800 Granite Parkway, Suite 150 Plano, TX 75024 Full Service B&M $434,336
    Texas Capital Bank, National Association 5910 North Central Expy Suite 150 Dallas, TX 75206 Full Service B&M $109,507
    Texas Capital Bank, National Association 7373 Broadway, Suite 100 San Antonio, TX 78209 Full Service B&M $103,188
    Texas Capital Bank, National Association 745 East Mulberry Avenue, Suite 150 San Antonio, TX 78212 Full Service B&M $852,402
    Texas Capital Bank, National Association 98 San Jacinto Blvd, Suite 150 Austin, TX 78701 Full Service B&M $1,117,379

    For 2019, Texas Capital Bank had 12 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $1,371,230
    Net interest income $994,729
    Total noninterest income $66,149
    Gross Fiduciary activities income $2,082
    Service charges on deposit accounts $11,636
    Trading account gains and fees $0
    Additional Noninterest Income $52,431
    Pre-tax net operating income $422,023
    Securities gains (or losses, -) $2,052
    Income before extraordinary items $336,735
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $336,735
    Minority interest net income $2,552
    Net income $334,183
    Sale, conversion, retirement of capital stock, net $11,774
    Net operating income $335,113

    Texas Capital Bank's gross interest income from loans was $1,371,230,000.
    Texas Capital Bank's net interest income from loans was $994,729,000.
    Texas Capital Bank's fee based income from loans was $11,636,000.
    Texas Capital Bank's net income from loans was $334,183,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $376,501
    Provision for credit losses $77,794
    Total noninterest expense $561,061
    Salaries and employee benefits $313,451
    Premises and equipment expense $32,940
    Additional noninterest expense $214,670
    Applicable income taxes $87,340
    Net charge-offs $74,269
    Cash dividends $10,400

    Texas Capital Bank's interest expense for loans was $376,501,000.
    Texas Capital Bank's payroll and benefits expense were $313,451,000.
    Texas Capital Bank's property, plant and equipment expenses $32,940,000.

    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 3.0%
    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 $26,550,105
    Deposits held in domestic offices $26,550,105
    Deposits by Individuals, partnerships, and corporations $22,135,020
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $92,773
    Deposits by Commercial banks and other depository institutions in U.S. $4,322,312
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $3,032,935
    Demand deposits $3,032,935
    Nontransaction accounts $23,517,170
    Money market deposit accounts (MMDAs) $19,213,114
    Other savings deposits (excluding MMDAs) $1,433,024
    Total time deposits $2,871,032
    Total time and savings deposits $23,517,170
    Noninterest-bearing deposits $9,509,971
    Interest-bearing deposits $17,040,134
    Retail deposits $22,318,302
    IRAs and Keogh plan accounts $2,736
    Brokered deposits $3,929,025
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $32,529,274
    Cash & Balances due from depository institutions $4,395,569
    Interest-bearing balances $4,233,766
    Total securities $239,871
    Federal funds sold & reverse repurchase $30,000
    Net loans and leases $27,017,850
    Loan and leases loss allowance $195,047
    Trading account assets $46,719
    Bank premises and fixed assets $111,252
    Other real estate owned $0
    Goodwill and other intangibles $84,213
    All other assets $603,800

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $32,529,274
    Total Liabilities $29,665,972
    Total deposits $26,550,105
    Interest-bearing deposits $17,040,134
    Deposits held in domestic offices $26,550,105
    % insured (estimated) $47
    Federal funds purchased and repurchase agreements $141,766
    Trading liabilities $46,719
    Other borrowed funds $2,401,897
    Subordinated debt $223,414
    All other liabilities $302,071

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $27,017,850
    Loan and leases loss allowance $195,047
    Total loans and leases (domestic) $27,212,897
    All real estate loans $8,786,945
    Real estate loans in domestic offices $8,786,945
    Construction and development loans $2,626,703
    Residential 1-4 family construction $706,141
    Other construction, all land development and other land $1,920,562
    Loans secured by nonfarm nonresidential properties $2,689,777
    Nonfarm nonresidential secured by owner-occupied properties $829,044
    Commercial real estate & other non-farm, non-residential $1,860,733
    Multifamily residential real estate $420,839
    1-4 family residential loans $3,034,650
    Farmland loans $14,976
    Loans held in foreign offices $0
    Farm loans $5,542
    Commercial and industrial loans $7,569,021
    To non-U.S. addressees $79,056
    Loans to individuals $76,998
    Credit card loans $0
    Related Plans $56,250
    Consumer Auto Loans $327
    Other loans to individuals $20,421
    All other loans & leases $10,845,708
    Loans to foreign governments and official institutions $0
    Other loans $10,069,902
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $884,617
    Loans secured by real estate to non-U.S. addressees $3,676
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Texas Capital Bank had $27,017,850,000 of loans outstanding in 2019. $8,786,945,000 of loans were in real estate loans. $2,626,703,000 of loans were in development loans. $420,839,000 of loans were in multifamily mortgage loans. $3,034,650,000 of loans were in 1-4 family mortgage loans. $5,542,000 of loans were in farm loans. $0 of loans were in credit card loans. $327,000 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 312 $128,968 $413,359
    Nonfarm, nonresidential loans - <$100k 15 $552 $36,800
    Nonfarm, nonresidential loans - $100-250k 50 $7,292 $145,840
    Nonfarm, nonresidential loans - $250k-1MM 247 $121,124 $490,381
    Commercial & Industrial, US addressed loans - <$1MM 52,416 $1,159,614 $22,123
    Commercial & Industrial, US addressed loans - <$100k 47,804 $323,640 $6,770
    Commercial & Industrial, US addressed loans - $100-250k 2,403 $207,847 $86,495
    Commercial & Industrial, US addressed loans - $250k-1MM 2,209 $628,127 $284,349
    Farmland loans - <$1MM 5 $1,592 $318,400
    Farmland loans - $100-250k 2 $372 $186,000
    Farmland loans - $250k-1MM 3 $1,220 $406,667
    Agriculture operations loans - <$1MM 1 $224 $224,000
    Agriculture operations loans - $100-250k 1 $224 $224,000