Conventional Mortgage at Texas Capital Bank

A Conventional Mortgage with Texas Capital Bank delivers a straightforward, competitively priced path to homeownership and property refinancing. Designed for borrowers with solid credit profiles, reliable income, and a desire for predictable monthly payments, our conventional mortgage offers flexible term options, competitive interest rates, and a streamlined underwriting experience. Whether you are purchasing your first home, moving into a larger residence, or refinancing to change your rate or term, this mortgage product is structured to support your housing goals while keeping the lending process clear and transparent.

Key Features and Benefits

• Fixed-rate and adjustable-rate options: Choose between fixed-rate mortgages for long-term payment stability or adjustable-rate mortgages (ARMs) for potentially lower initial rates and payment flexibility.
• Competitive interest rates: Our pricing reflects current market conditions and is tailored to your credit profile, loan-to-value ratio (LTV), and chosen loan program.
• Flexible term lengths: Available terms typically include 10-, 15-, 20-, and 30-year options to match your financial strategy—shorter terms can reduce total interest paid, while longer terms lower monthly payments.
• Low down payment options: Depending on qualification and the program, conventional mortgages can be obtained with down payments as low as 3% for eligible borrowers, making homeownership more accessible.
• No private mortgage insurance (PMI) when applicable: If your down payment or equity reaches 20% or more, you may avoid PMI, reducing monthly costs.
• Refinance opportunities: Cash-out and rate-and-term refinances are available to consolidate debt, access home equity, or reduce monthly payments and overall interest costs.
• Streamlined underwriting: For qualified borrowers, we offer an efficient approval process with responsive communication and guidance through each step.

Eligibility and Requirements

Conventional mortgages at Texas Capital Bank are intended for borrowers who meet specific credit, income, and property standards. Typical eligibility requirements include:

• Credit score: Minimum credit score requirements vary by program, but borrowers with higher scores benefit from better rates and terms.
• Stable income and employment: Demonstrated income history and employment stability or acceptable alternatives for self-employed borrowers.
• Debt-to-income (DTI) ratio: Lenders evaluate DTI to ensure you can comfortably manage monthly mortgage payments alongside existing obligations.
• Down payment and reserves: Depending on the loan program and LTV, down payment amounts and reserve requirements will be assessed.
• Property appraisal and condition: The property must meet conventional appraisal standards to verify value and habitability.

Why Choose Texas Capital Bank?

Texas Capital Bank combines local market expertise with personalized service. Our mortgage professionals understand Texas neighborhoods, zoning, and real estate trends, enabling them to support borrowers through every phase of the mortgage lifecycle. We emphasize clear communication, competitive pricing, and a commitment to closing on time. With a full suite of mortgage services and banking solutions, we help clients integrate lending decisions into broader financial plans.

Application Process — Simple and Transparent

The application process is structured to be as transparent and efficient as possible:

1. Prequalification: Start with an initial assessment of your financial profile to determine the amount you may qualify to borrow and receive an estimate of available rates and terms.
2. Loan application: Complete a full mortgage application and submit required documentation, such as income verification, tax returns, and asset statements.
3. Processing and underwriting: Our team reviews the documentation, orders an appraisal, and evaluates eligibility against program guidelines, keeping you informed at every stage.
4. Loan approval and lock: Upon approval, you can lock your rate to secure the interest rate while proceeding to closing.
5. Closing: Finalize the mortgage with signing documents, paying closing costs, and transferring ownership or recording the new loan.

Costs and Considerations

Conventional mortgages involve several cost components that are explained clearly up front. Common expenses include down payment, closing costs, appraisal fees, title insurance, and potential mortgage insurance when LTV exceeds program limits. Our mortgage advisors provide an itemized estimate of closing costs and a breakdown of monthly payment components, including principal, interest, taxes, and insurance (PITI). We encourage borrowers to consider long-term affordability, potential tax implications, and the benefits of different term lengths.

Special Considerations for Texas Homebuyers

Texas has unique market dynamics, including varied regional price trends and property types. Texas Capital Bank’s mortgage team is experienced with county- and municipality-specific requirements and can guide borrowers through local considerations such as flood zones, property tax assessments, and homeowners associations. We aim to match your mortgage choice to the realities of purchasing or refinancing in Texas.

Customer Support and Servicing

After closing, Texas Capital Bank provides ongoing mortgage servicing, including payment processing, escrow management, and support for loan modifications or hardship assistance if needed. Our customer service staff is available to answer questions about your loan, provide statements, and assist with online account management tools. We prioritize timely responses and clear explanations to help you manage your mortgage confidently throughout the loan term.

Get Started with Confidence

A Conventional Mortgage at Texas Capital Bank is designed for borrowers who seek a reliable, well-priced loan with professional guidance and local expertise. By combining flexible terms, transparent costs, and attentive service, our mortgage solutions help you move into the right home or refinance on terms that meet your financial objectives. Begin with a prequalification to understand your options and take the next step toward securing your Texas property with clarity and confidence.

Address Bank: Dallas, Texas, U.S.
Bank: Texas Capital Bank
Headquarters: Dallas
Products: Mortgages
Type: Conventional Mortgage