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 Refi, Home Purchase, and Cash Out Refi loans. Texas Capital Bank has a high proportion of conventional loans. Their top markets by origination volume include: Houston, Austin, Dallas, San Antonio, and Los Angeles among others. We have data for 15 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 an above 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

    56

    Origination Dollar Volume (All Markets)

    $69,620,000

    Employee count

    1,618

    Awards

    Texas Capital Bank 30 Year Conventional Loans silver
    Show all (1) 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
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 13 $17,255,000 $1,327,308 $20,115 3.03%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 9 $13,975,000 $1,552,778 $18,339 3.16%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 9 $11,365,000 $1,262,778 $16,039 3.19%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 8 $6,410,000 $801,250 $9,354 3.02%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $3,960,000 $1,980,000 $13,646 3.25%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $3,905,000 $3,905,000 $57,081 2.63%
    Edwards, CO (FHA|USDA|VA) 1 $3,385,000 $3,385,000 $10,476 2.50%
    Outside of Metro Areas 5 $2,585,000 $517,000 $11,277 3.36%
    Breckenridge, CO (FHA|USDA|VA) 1 $2,005,000 $2,005,000 $24,768 3.00%
    Kalispell, MT (FHA|USDA|VA) 1 $1,985,000 $1,985,000 $29,700 3.00%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $1,045,000 $1,045,000 $17,165 3.00%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $670,000 $335,000 $6,665 2.88%
    Sevierville, TN (FHA|USDA|VA) 1 $505,000 $505,000 $9,460 3.00%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $375,000 $375,000 $4,842 3.25%
    Fredericksburg, TX (FHA|USDA|VA) 1 $195,000 $195,000 $0 3.75%
    Texas Capital Bank's top markets include Houston, Austin, Dallas, San Antonio, and Los Angeles among others.

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

    United Heritage Credit Union
    Similarity Rank: 657
    CADENCE LENDING GROUP, INC.
    Similarity Rank: 1480
    MEMBERS CHOICE Credit Union
    Similarity Rank: 1824
    AAXY L.L.C.
    Similarity Rank: 1836
    Shea Mortgage Inc.
    Similarity Rank: 1848
    TEXAS TRUST
    Similarity Rank: 1885
    ASSOCIATED CREDIT UNION OF TEXAS
    Similarity Rank: 1895
    DATCU
    Similarity Rank: 1900
    PRIMEWAY
    Similarity Rank: 2088
    HOMEWAY MORTGAGE LLC
    Similarity Rank: 2142

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 56 $69,620,000 $1,243,214 $16,166 3.10%

    For 2020, Texas Capital Bank's most frequently originated type of loan was Conventional, with 56 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 22 $24,280,000 $1,103,636 $11,462 3.00%
    Home Purchase 20 $20,830,000 $1,041,500 $17,367 3.23%
    Cash Out Refi 8 $18,100,000 $2,262,500 $25,897 3.08%
    Other 6 $6,410,000 $1,068,333 $16,067 3.10%

    For 2020, Texas Capital Bank's most frequently cited loan purpose was Refi, with 22 originations. The 2nd most popular reason was Home Purchase, with 20 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 46 $57,330,000 $1,246,304 $15,623 3.03%
    5 Year 6 $5,170,000 $861,667 $0 3.71%
    30+ year 2 $4,270,000 $2,135,000 $28,662 3.06%
    10 Year 1 $2,605,000 $2,605,000 $0 2.31%
    Other 1 $245,000 $245,000 $0 4.00%

    For 2020, Texas Capital Bank's most frequently cited loan duration was 30 Year, with 46 originations. The 2nd most popular length was 5 Year, with 6 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 30 $43,460,000 $1,448,667
    $1k-2k 11 $14,605,000 $1,327,727
    $3k-4k 3 $845,000 $281,667
    $<1k 2 $2,110,000 $1,055,000
    $4k-5k 2 $580,000 $290,000

    Texas Capital Bank's average total fees were $15,623, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 30 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 30 $33,690,000 $1,123,000
    3-4% 22 $27,400,000 $1,245,455
    <2.5% 3 $8,325,000 $2,775,000
    4-5% 1 $205,000 $205,000

    During 2020, Texas Capital Bank's average interest rate for loans was 3.03%, while their most frequently originated rate bucket for loans was 2.5-3%, with 30 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 26 $53,620,000 $2,062,308 $23,462 3.04%
    $600k-1MM 12 $9,270,000 $772,500 $12,496 2.98%
    $200k-400k 10 $2,920,000 $292,000 $5,601 3.33%
    $400k-600k 7 $3,615,000 $516,429 $9,012 3.14%
    $100k-200k 1 $195,000 $195,000 $0 3.75%

    2020 saw Texas Capital Bank place emphasis on $1MM+ loans with 26 originations, totaling $53,620,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 41 $55,985,000 $1,365,488 $17,481 3.02%
    $150k-250k 5 $1,975,000 $395,000 $5,937 3.15%
    $50k or less 1 $3,335,000 $3,335,000 $21,685 3.13%
    $75k-100k 1 $305,000 $305,000 $7,856 2.75%

    Texas Capital Bank lent most frequently to those with incomes in the $250k+ range, with 41 originations. The second most popular income band? $150k-250k, with 5 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 15 $19,495,000 $1,299,667 $13,425 3.04%
    30-36% 13 $10,755,000 $827,308 $12,983 3.11%
    <20% 6 $7,110,000 $1,185,000 $17,713 3.06%
    >60% 3 $4,555,000 $1,518,333 $13,349 3.00%
    36% 3 $3,955,000 $1,318,333 $17,164 3.13%
    39% 1 $3,905,000 $3,905,000 $57,081 2.63%
    40% 1 $2,765,000 $2,765,000 $37,098 3.00%
    41% 1 $635,000 $635,000 $6,388 3.50%
    44% 1 $2,395,000 $2,395,000 $12,089 2.65%
    47% 1 $2,335,000 $2,335,000 $36,028 2.38%
    49% 1 $505,000 $505,000 $9,460 3.00%
    37% 1 $2,625,000 $2,625,000 $41,322 2.63%

    Texas Capital Bank lent most frequently to those with DTI ratios of 20-30%, with 15 originations. The next most common DTI ratio? 30-36%, with 13 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 37 $42,595,000 $1,151,216 $14,557 3.04%
    Not provided 10 $16,610,000 $1,661,000 $22,525 3.03%
    Not applicable 8 $8,020,000 $1,002,500 $0 3.57%
    Asian 1 $2,395,000 $2,395,000 $12,089 2.65%

    Approval Rates

    Total approvals of all applications
    99.97%

    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
    92.86%

    Texas Capital Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 56 $69,620,000 $1,243,214

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 56 $69,620,000 $1,243,214

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 6 $2,550,000 $425,000 $7,494 3.19%
    40-60% 12 $18,970,000 $1,580,833 $18,549 2.91%
    60-80% 34 $43,140,000 $1,268,824 $17,603 3.16%
    80-100% 4 $4,960,000 $1,240,000 $10,391 3.13%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    TEXAS CAPITAL BANCSHARES, INC. Conventional home mortgage Closing on a mortgage 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 $2,242,830
    Texas Capital Bank, National Association 2000 Mckinney Ave, Suite 700 Dallas, TX 75201 Full Service B&M $23,548,026
    Texas Capital Bank, National Association 2350 Lakeside Blvd, Suite 105 Richardson, TX 75082 Full Service B&M $65,705
    Texas Capital Bank, National Association 2350 Lakeside Blvd, Suite 800 Richardson, TX 75082 Full Service Cyber Office $227,058
    Texas Capital Bank, National Association 300 Throckmorton Street, Suite 100 Fort Worth, TX 76102 Full Service B&M $321,589
    Texas Capital Bank, National Association 340 Singleton Boulevard Dallas, TX 75212 Full Service B&M $2,772
    Texas Capital Bank, National Association 4424 W Sam Houston Pkwy North, Suite 170 Houston, TX 77041 Full Service B&M $795,162
    Texas Capital Bank, National Association 5800 Granite Parkway, Suite 150 Plano, TX 75024 Full Service B&M $374,167
    Texas Capital Bank, National Association 5910 North Central Expy Suite 150 Dallas, TX 75206 Full Service B&M $159,179
    Texas Capital Bank, National Association 7373 Broadway, Suite 100 San Antonio, TX 78209 Full Service B&M $137,814
    Texas Capital Bank, National Association 745 East Mulberry Avenue, Suite 150 San Antonio, TX 78212 Full Service B&M $984,121
    Texas Capital Bank, National Association 98 San Jacinto Blvd, Suite 150 Austin, TX 78701 Full Service B&M $1,394,238

    For 2020, Texas Capital Bank had 12 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $1,058,548
    Net interest income $877,727
    Total noninterest income $121,109
    Gross Fiduciary activities income $2,031
    Service charges on deposit accounts $11,948
    Trading account gains and fees $0
    Additional Noninterest Income $107,130
    Pre-tax net operating income $104,478
    Securities gains (or losses, -) $2,998
    Income before extraordinary items $78,500
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $78,500
    Minority interest net income $0
    Net income $78,500
    Sale, conversion, retirement of capital stock, net $15,681
    Net operating income $76,131

    Texas Capital Bank's gross interest income from loans was $1,058,548,000.
    Texas Capital Bank's net interest income from loans was $877,727,000.
    Texas Capital Bank's fee based income from loans was $11,948,000.
    Texas Capital Bank's net income from loans was $78,500,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $180,821
    Provision for credit losses $249,769
    Total noninterest expense $644,589
    Salaries and employee benefits $339,530
    Premises and equipment expense $34,904
    Additional noninterest expense $270,155
    Applicable income taxes $28,976
    Net charge-offs $198,786
    Cash dividends $10,400

    Texas Capital Bank's interest expense for loans was $180,821,000.
    Texas Capital Bank's payroll and benefits expense were $339,530,000.
    Texas Capital Bank's property, plant and equipment expenses $34,904,000.

    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 1.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 3.0%
    HELOC loans 0.0%
    All other family 3.0%
    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 $31,054,046
    Deposits held in domestic offices $31,054,046
    Deposits by Individuals, partnerships, and corporations $26,765,234
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $84,549
    Deposits by Commercial banks and other depository institutions in U.S. $4,204,263
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $4,004,416
    Demand deposits $4,004,416
    Nontransaction accounts $27,049,630
    Money market deposit accounts (MMDAs) $22,606,292
    Other savings deposits (excluding MMDAs) $2,203,819
    Total time deposits $2,239,519
    Total time and savings deposits $27,049,630
    Noninterest-bearing deposits $12,798,404
    Interest-bearing deposits $18,255,642
    Retail deposits $27,403,319
    IRAs and Keogh plan accounts $2,914
    Brokered deposits $3,415,057
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $37,708,641
    Cash & Balances due from depository institutions $9,206,364
    Interest-bearing balances $9,032,807
    Total securities $3,196,970
    Federal funds sold & reverse repurchase $0
    Net loans and leases $24,451,910
    Loan and leases loss allowance $254,615
    Trading account assets $97,046
    Bank premises and fixed assets $91,514
    Other real estate owned $0
    Goodwill and other intangibles $124,682
    All other assets $540,155

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $37,708,641
    Total Liabilities $34,791,356
    Total deposits $31,054,046
    Interest-bearing deposits $18,255,642
    Deposits held in domestic offices $31,054,046
    % insured (estimated) $48
    Federal funds purchased and repurchase agreements $111,751
    Trading liabilities $96,572
    Other borrowed funds $3,013,413
    Subordinated debt $223,675
    All other liabilities $291,899

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $24,451,910
    Loan and leases loss allowance $254,615
    Total loans and leases (domestic) $24,706,525
    All real estate loans $6,234,181
    Real estate loans in domestic offices $6,234,181
    Construction and development loans $2,461,872
    Residential 1-4 family construction $599,781
    Other construction, all land development and other land $1,862,091
    Loans secured by nonfarm nonresidential properties $2,615,402
    Nonfarm nonresidential secured by owner-occupied properties $861,776
    Commercial real estate & other non-farm, non-residential $1,753,626
    Multifamily residential real estate $507,246
    1-4 family residential loans $635,711
    Farmland loans $13,950
    Loans held in foreign offices $0
    Farm loans $4,213
    Commercial and industrial loans $7,168,295
    To non-U.S. addressees $13,235
    Loans to individuals $92,658
    Credit card loans $0
    Related Plans $68,236
    Consumer Auto Loans $214
    Other loans to individuals $24,208
    All other loans & leases $11,278,540
    Loans to foreign governments and official institutions $0
    Other loans $10,960,858
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $729,902
    Loans secured by real estate to non-U.S. addressees $2,828
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Texas Capital Bank had $24,451,910,000 of loans outstanding in 2020. $6,234,181,000 of loans were in real estate loans. $2,461,872,000 of loans were in development loans. $507,246,000 of loans were in multifamily mortgage loans. $635,711,000 of loans were in 1-4 family mortgage loans. $4,213,000 of loans were in farm loans. $0 of loans were in credit card loans. $214,000 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 266 $109,026 $409,872
    Nonfarm, nonresidential loans - <$100k 8 $336 $42,000
    Nonfarm, nonresidential loans - $100-250k 41 $5,881 $143,439
    Nonfarm, nonresidential loans - $250k-1MM 217 $102,809 $473,774
    Commercial & Industrial, US addressed loans - <$1MM 49,599 $1,237,034 $24,941
    Commercial & Industrial, US addressed loans - <$100k 44,791 $330,589 $7,381
    Commercial & Industrial, US addressed loans - $100-250k 2,477 $222,548 $89,846
    Commercial & Industrial, US addressed loans - $250k-1MM 2,331 $683,897 $293,392
    Farmland loans - <$1MM 3 $890 $296,667
    Farmland loans - $100-250k 1 $133 $133,000
    Farmland loans - $250k-1MM 2 $757 $378,500
    Agriculture operations loans - <$1MM 1 $205 $205,000
    Agriculture operations loans - $100-250k 1 $205 $205,000