Plainscapital Bank Mortgage Rates, Fees & Info
Dallas, TXLEI: 549300OBLIP1F3NM5751
Tax ID: 75-0910774
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Plainscapital Bank is a smaller bank specializing in Home Purchase loans. Plainscapital Bank has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Brownsville, Austin, Houston, and Lubbock among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)Plainscapital 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.
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Originations
118Origination Dollar Volume (All Markets)
$50,900,000Top 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) | 27 | $22,285,000 | $825,370 | $0 | 0.00% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 29 | $8,585,000 | $296,034 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 5 | $8,045,000 | $1,609,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 22 | $2,790,000 | $126,818 | $0 | 0.00% |
| LUBBOCK, TX (FHA|USDA|VA) | 9 | $2,495,000 | $277,222 | $0 | 0.00% |
| Mineral Wells, TX (FHA|USDA|VA) | 4 | $2,390,000 | $597,500 | $0 | 0.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 8 | $1,230,000 | $153,750 | $0 | 0.00% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 4 | $590,000 | $147,500 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $0 | 0.00% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 0.00% |
| Granbury, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| Lufkin, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| Lamesa, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 118 | $50,900,000 | $431,356 | $0 | 0.00% |
For 2023, Plainscapital Bank's most frequently originated type of loan was Conventional, with 118 originations.
Loan Reason
For 2023, Plainscapital Bank's most frequently cited loan purpose was Home Purchase, with 87 originations. The 2nd most popular reason was Refi, with 23 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 118 | $50,900,000 | $431,356 | $0 | 0.00% |
For 2023, Plainscapital Bank's most frequently cited loan duration was Other, with 118 originations.
Loan Sizing
2023 saw Plainscapital Bank place emphasis on $100k-200k loans with 32 originations, totaling $4,890,000 in origination value.
Applicant Income
Plainscapital Bank lent most frequently to those with incomes in the $250k+ range, with 15 originations. The second most popular income band? $100k-150k, with 5 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 118 | $50,900,000 | $431,356 | $0 | 0.00% |
Plainscapital Bank lent most frequently to those with DTI ratios of Exempt%, with 118 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.45%
Plainscapital 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 origination69.49%
Plainscapital 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 |
|---|---|---|---|
| Exempt | 118 | $50,900,000 | $431,356 |