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

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

Origination Dollar Volume (All Markets)

$150,150,000

Employee count

1,748

Awards

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)

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.

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PRIMEWAY
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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