Texas Capital Bank Mortgage Rates, Fees & Info

Dallas, TX

LEI: 38PG5GG0OEQK4QMSKE59

Tax ID: 75-2695994

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Mortgage Data

Bank Data

Review & Overview

Texas Capital Bank is a smaller bank specializing in Home Purchase loans. Texas Capital Bank has a high proportion of conventional loans. Their top markets by origination volume include: Austin, Dallas, Lakeland, Houston, and Edwards among others. We have data for 21 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.

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Originations

64

Origination Dollar Volume (All Markets)

$150,150,000

Employee count

1,748

Awards

Texas Capital Bank 30 Year Conventional Loans silver Texas Capital Bank 30 Year Conventional Loans silver
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
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 13 $43,655,000 $3,358,077 $46,716 3.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 9 $32,995,000 $3,666,111 $19,015 2.70%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $24,255,000 $24,255,000 $0 3.25%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 15 $15,105,000 $1,007,000 $17,310 2.92%
Edwards, CO (FHA|USDA|VA) 1 $10,795,000 $10,795,000 $133,079 2.50%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 7 $4,955,000 $707,857 $11,887 2.95%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $3,605,000 $3,605,000 $18,628 2.88%
Outside of Metro Areas 4 $2,170,000 $542,500 $12,201 3.13%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $2,005,000 $2,005,000 $5,221 3.25%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $1,555,000 $1,555,000 $24,058 2.75%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $1,525,000 $1,525,000 $27,405 2.63%
Heber, UT (FHA|USDA|VA) 1 $1,255,000 $1,255,000 $18,029 2.88%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $20,848 2.75%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $995,000 $995,000 $16,604 2.88%
Brownwood, TX (FHA|USDA|VA) 1 $845,000 $845,000 $0 2.75%
Sevierville, TN (FHA|USDA|VA) 1 $825,000 $825,000 $13,117 3.00%
Rockport, TX (FHA|USDA|VA) 1 $735,000 $735,000 $14,433 2.88%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $705,000 $705,000 $13,935 2.75%
Del Rio, TX (FHA|USDA|VA) 1 $525,000 $525,000 $13,803 2.50%
MIDLAND, TX (FHA|USDA|VA) 1 $425,000 $425,000 $6,653 2.88%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $215,000 $215,000 $6,622 2.63%
Texas Capital Bank's top markets include Austin, Dallas, Lakeland, Houston, and Edwards among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 64 $150,150,000 $2,346,094 $24,205 2.90%

    For 2021, Texas Capital Bank's most frequently originated type of loan was Conventional, with 64 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 37 $114,755,000 $3,101,486 $28,673 2.94%
    Refi 18 $17,740,000 $985,556 $14,419 2.81%
    Cash Out Refi 9 $17,655,000 $1,961,667 $27,396 2.89%

    For 2021, Texas Capital Bank's most frequently cited loan purpose was Home Purchase, with 37 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 58 $97,430,000 $1,679,828 $23,855 2.91%
    30+ year 3 $4,505,000 $1,501,667 $30,851 3.21%
    15 Year 1 $335,000 $335,000 $0 3.75%
    5 Year 1 $23,625,000 $23,625,000 $0 0.00%
    Other 1 $24,255,000 $24,255,000 $0 3.25%

    For 2021, Texas Capital Bank's most frequently cited loan duration was 30 Year, with 58 originations. The 2nd most popular length was 30+ year, with 3 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 41 $76,005,000 $1,853,780
    $1k-2k 12 $21,740,000 $1,811,667
    $3k-4k 3 $1,015,000 $338,333
    $4k-5k 2 $710,000 $355,000
    $<1k 1 $845,000 $845,000
    $2k-3k 1 $575,000 $575,000

    Texas Capital Bank's average total fees were $23,855, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 41 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 41 $45,345,000 $1,105,976
    3-4% 17 $59,945,000 $3,526,176
    <2.5% 6 $44,860,000 $7,476,667

    During 2021, Texas Capital Bank's average interest rate for loans was 2.91%, while their most frequently originated rate bucket for loans was 2.5-3%, with 41 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 33 $132,865,000 $4,026,212 $38,347 2.87%
    $400k-600k 12 $5,850,000 $487,500 $8,492 2.91%
    $600k-1MM 12 $9,150,000 $762,500 $12,930 2.85%
    $200k-400k 7 $2,285,000 $326,429 $7,474 3.09%

    2021 saw Texas Capital Bank place emphasis on $1MM+ loans with 33 originations, totaling $132,865,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 43 $67,775,000 $1,576,163 $20,539 2.90%
    $150k-250k 12 $11,630,000 $969,167 $18,568 3.00%
    $100k-150k 2 $880,000 $440,000 $7,204 2.81%

    Texas Capital Bank lent most frequently to those with incomes in the $250k+ range, with 43 originations. The second most popular income band? $150k-250k, with 12 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 11 $33,145,000 $3,013,182 $47,483 2.99%
    30-36% 8 $10,840,000 $1,355,000 $18,168 2.89%
    <20% 6 $4,930,000 $821,667 $13,370 2.81%
    43% 5 $4,685,000 $937,000 $13,633 3.05%
    37% 4 $3,370,000 $842,500 $15,212 2.88%
    >60% 4 $13,750,000 $3,437,500 $38,242 2.97%
    50-60% 3 $2,225,000 $741,667 $13,583 2.75%
    39% 3 $1,665,000 $555,000 $10,327 2.75%
    36% 2 $1,460,000 $730,000 $14,596 2.81%
    45% 2 $2,310,000 $1,155,000 $19,165 3.13%
    46% 2 $4,140,000 $2,070,000 $15,254 2.88%
    47% 2 $8,780,000 $4,390,000 $31,832 2.69%
    38% 2 $2,580,000 $1,290,000 $22,900 2.81%
    41% 2 $2,120,000 $1,060,000 $14,217 3.06%
    48% 1 $815,000 $815,000 $24,801 3.00%
    49% 1 $1,405,000 $1,405,000 $36,477 3.38%
    44% 1 $1,095,000 $1,095,000 $16,350 2.88%
    42% 1 $1,575,000 $1,575,000 $37,167 3.38%

    Texas Capital Bank lent most frequently to those with DTI ratios of 20-30%, with 11 originations. The next most common DTI ratio? 30-36%, with 8 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 47 $56,275,000 $1,197,340 $17,999 2.92%
    Not applicable 4 $49,260,000 $12,315,000 $0 2.49%
    Not provided 11 $42,345,000 $3,849,545 $51,724 2.94%
    Asian 2 $2,270,000 $1,135,000 $18,698 2.88%

    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
    81.25%

    Texas Capital Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 64 $150,150,000 $2,346,094

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    64 $150,150,000 $2,346,094

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5 $14,395,000 $2,879,000 $19,466 2.80%
    40-60% 18 $76,310,000 $4,239,444 $28,093 2.75%
    60-80% 37 $51,135,000 $1,382,027 $22,196 2.98%
    80-100% 4 $8,310,000 $2,077,500 $32,159 2.91%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    TEXAS CAPITAL BANCSHARES, INC. Other type of 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 $2,703,590
    Texas Capital Bank, National Association 2000 Mckinney Ave, Suite 700 Dallas, TX 75201 Full Service B&M $21,129,680
    Texas Capital Bank, National Association 2350 Lakeside Blvd, Suite 105 Richardson, TX 75082 Full Service B&M $83,076
    Texas Capital Bank, National Association 2350 Lakeside Blvd, Suite 800 Richardson, TX 75082 Full Service Cyber Office $213,344
    Texas Capital Bank, National Association 300 Throckmorton Street, Suite 100 Fort Worth, TX 76102 Full Service B&M $350,115
    Texas Capital Bank, National Association 340 Singleton Boulevard Dallas, TX 75212 Full Service B&M $22,945
    Texas Capital Bank, National Association 4424 W Sam Houston Pkwy North, Suite 170 Houston, TX 77041 Full Service B&M $840,366
    Texas Capital Bank, National Association 5800 Granite Parkway, Suite 150 Plano, TX 75024 Full Service B&M $709,501
    Texas Capital Bank, National Association 7373 Broadway, Suite 100 San Antonio, TX 78209 Full Service B&M $160,625
    Texas Capital Bank, National Association 745 East Mulberry Avenue, Suite 150 San Antonio, TX 78212 Full Service B&M $1,010,212
    Texas Capital Bank, National Association 98 San Jacinto Blvd, Suite 150 Austin, TX 78701 Full Service B&M $2,059,841

    For 2021, Texas Capital Bank had 11 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $877,725
    Net interest income $782,672
    Total noninterest income $113,561
    Gross Fiduciary activities income $2,188
    Service charges on deposit accounts $19,054
    Trading account gains and fees $0
    Additional Noninterest Income $92,319
    Pre-tax net operating income $355,141
    Securities gains (or losses, -) $2,277
    Income before extraordinary items $268,939
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $268,939
    Minority interest net income $0
    Net income $268,939
    Sale, conversion, retirement of capital stock, net $30,061
    Net operating income $267,140

    Texas Capital Bank's gross interest income from loans was $877,725,000.
    Texas Capital Bank's net interest income from loans was $782,672,000.
    Texas Capital Bank's fee based income from loans was $19,054,000.
    Texas Capital Bank's net income from loans was $268,939,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $95,053
    Provision for credit losses $-30,000
    Total noninterest expense $571,092
    Salaries and employee benefits $349,477
    Premises and equipment expense $33,170
    Additional noninterest expense $188,445
    Applicable income taxes $88,479
    Net charge-offs $12,918
    Cash dividends $10,400

    Texas Capital Bank's interest expense for loans was $95,053,000.
    Texas Capital Bank's payroll and benefits expense were $349,477,000.
    Texas Capital Bank's property, plant and equipment expenses $33,170,000.

    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 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    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 $28,548,108
    Deposits held in domestic offices $28,548,108
    Deposits by Individuals, partnerships, and corporations $25,293,139
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $67,905
    Deposits by Commercial banks and other depository institutions in U.S. $3,187,064
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $3,374,461
    Demand deposits $3,374,461
    Nontransaction accounts $25,173,647
    Money market deposit accounts (MMDAs) $22,333,960
    Other savings deposits (excluding MMDAs) $1,640,981
    Total time deposits $1,198,706
    Total time and savings deposits $25,173,647
    Noninterest-bearing deposits $13,829,113
    Interest-bearing deposits $14,718,995
    Retail deposits $26,124,836
    IRAs and Keogh plan accounts $2,341
    Brokered deposits $2,700,185
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $34,726,171
    Cash & Balances due from depository institutions $7,946,641
    Interest-bearing balances $7,765,996
    Total securities $3,583,808
    Federal funds sold & reverse repurchase $0
    Net loans and leases $22,603,211
    Loan and leases loss allowance $211,866
    Trading account assets $37,788
    Bank premises and fixed assets $76,232
    Other real estate owned $0
    Goodwill and other intangibles $18,774
    All other assets $459,717

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $34,726,171
    Total Liabilities $31,583,775
    Total deposits $28,548,108
    Interest-bearing deposits $14,718,995
    Deposits held in domestic offices $28,548,108
    % insured (estimated) $44
    Federal funds purchased and repurchase agreements $2,832
    Trading liabilities $37,788
    Other borrowed funds $2,470,746
    Subordinated debt $223,935
    All other liabilities $300,366

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $22,603,211
    Loan and leases loss allowance $211,866
    Total loans and leases (domestic) $22,815,077
    All real estate loans $4,768,444
    Real estate loans in domestic offices $4,768,444
    Construction and development loans $1,822,399
    Residential 1-4 family construction $508,594
    Other construction, all land development and other land $1,313,805
    Loans secured by nonfarm nonresidential properties $2,243,844
    Nonfarm nonresidential secured by owner-occupied properties $819,956
    Commercial real estate & other non-farm, non-residential $1,423,888
    Multifamily residential real estate $315,269
    1-4 family residential loans $369,736
    Farmland loans $17,196
    Loans held in foreign offices $0
    Farm loans $3,967
    Commercial and industrial loans $8,245,023
    To non-U.S. addressees $15,300
    Loans to individuals $256,163
    Credit card loans $0
    Related Plans $226,231
    Consumer Auto Loans $0
    Other loans to individuals $29,932
    All other loans & leases $9,610,869
    Loans to foreign governments and official institutions $0
    Other loans $9,500,372
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $1,044,506
    Loans secured by real estate to non-U.S. addressees $7,774
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Texas Capital Bank had $22,603,211,000 of loans outstanding in 2021. $4,768,444,000 of loans were in real estate loans. $1,822,399,000 of loans were in development loans. $315,269,000 of loans were in multifamily mortgage loans. $369,736,000 of loans were in 1-4 family mortgage loans. $3,967,000 of loans were in farm loans. $0 of loans were in credit card loans. $0 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 239 $94,343 $394,741
    Nonfarm, nonresidential loans - <$100k 5 $341 $68,200
    Nonfarm, nonresidential loans - $100-250k 37 $5,249 $141,865
    Nonfarm, nonresidential loans - $250k-1MM 197 $88,753 $450,523
    Commercial & Industrial, US addressed loans - <$1MM 44,690 $1,146,261 $25,649
    Commercial & Industrial, US addressed loans - <$100k 40,207 $303,536 $7,549
    Commercial & Industrial, US addressed loans - $100-250k 2,352 $207,527 $88,234
    Commercial & Industrial, US addressed loans - $250k-1MM 2,131 $635,198 $298,075
    Farmland loans - <$1MM 3 $849 $283,000
    Farmland loans - $100-250k 1 $114 $114,000
    Farmland loans - $250k-1MM 2 $735 $367,500
    Agriculture operations loans - <$1MM 1 $186 $186,000
    Agriculture operations loans - $100-250k 1 $186 $186,000