Plainscapital Bank Mortgage Rates, Fees & Info
Dallas, TXLEI: 549300OBLIP1F3NM5751
Tax ID: 75-0910774
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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: Houston, Dallas, Corpus Christi, Austin, and Brownsville among others. We have data for 27 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
179Origination Dollar Volume (All Markets)
$175,835,000Top 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 |
|---|---|---|---|---|---|
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 25 | $46,285,000 | $1,851,400 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 42 | $29,140,000 | $693,810 | $0 | 0.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 15 | $17,595,000 | $1,173,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 8 | $13,750,000 | $1,718,750 | $0 | 0.00% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 25 | $10,905,000 | $436,200 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $7,945,000 | $1,589,000 | $0 | 0.00% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 12 | $6,860,000 | $571,667 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 3 | $6,295,000 | $2,098,333 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 1 | $5,805,000 | $5,805,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 2 | $4,900,000 | $2,450,000 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $4,805,000 | $4,805,000 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $3,605,000 | $3,605,000 | $0 | 0.00% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 3 | $2,755,000 | $918,333 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 5 | $2,575,000 | $515,000 | $0 | 0.00% |
| Mineral Wells, TX (FHA|USDA|VA) | 4 | $2,370,000 | $592,500 | $0 | 0.00% |
| LUBBOCK, TX (FHA|USDA|VA) | 13 | $2,275,000 | $175,000 | $0 | 0.00% |
| Heber, UT (FHA|USDA|VA) | 1 | $2,225,000 | $2,225,000 | $0 | 0.00% |
| Brenham, TX (FHA|USDA|VA) | 1 | $1,705,000 | $1,705,000 | $0 | 0.00% |
| LAREDO, TX (FHA|USDA|VA) | 2 | $1,470,000 | $735,000 | $0 | 0.00% |
| Granbury, TX (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $0 | 0.00% |
| Athens, TX (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 0.00% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| MIDLAND, TX (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 0.00% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Snyder, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 179 | $175,835,000 | $982,318 | $0 | 0.00% |
For 2022, Plainscapital Bank's most frequently originated type of loan was Conventional, with 179 originations.
Loan Reason
For 2022, Plainscapital Bank's most frequently cited loan purpose was Home Purchase, with 134 originations. The 2nd most popular reason was Home Improvement, with 15 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 179 | $175,835,000 | $982,318 | $0 | 0.00% |
For 2022, Plainscapital Bank's most frequently cited loan duration was Other, with 179 originations.
Loan Sizing
2022 saw Plainscapital Bank place emphasis on $200k-400k loans with 46 originations, totaling $13,100,000 in origination value.
Applicant Income
Plainscapital Bank lent most frequently to those with incomes in the $250k+ range, with 19 originations. The second most popular income band? $100k-150k, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 179 | $175,835,000 | $982,318 | $0 | 0.00% |
Plainscapital Bank lent most frequently to those with DTI ratios of Exempt%, with 179 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.57%
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 origination72.07%
Plainscapital Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 179 | $175,835,000 | $982,318 |