Campus Federal Credit Union Mortgage Rates, Fees & Info

Baton Rouge, LA

LEI: 54930027GUR70U427Y19

Tax ID: 72-0452899

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Campus Federal Credit Union is a smaller credit union specializing in Refi and Home Purchase loans. Campus Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Baton Rouge, New Orleans, Shreveport, Lafayette, and Alexandria among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Campus Federal Credit Union 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. Campus Federal Credit Union is typically an average 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.40% 5/4/24
    30 Year Conventional Refi 6.06% 5/4/24
    30 Year Cash-out Refi 6.83% 5/4/24
    15 Year Conventional Purchase 5.88% 5/4/24
    15 Year Conventional Refi 7.25% 5/4/24
    15 Year Cash-out Refi 7.25% 5/4/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Campus Federal Credit Union Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Campus Federal Credit Union. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    332

    Origination Dollar Volume (All Markets)

    $76,990,000

    Awards

    Campus Federal Credit Union 30 Year Conventional Loans gold Campus Federal Credit Union 30 Year Conventional Loans gold Campus Federal Credit Union 30 Year Conventional Loans gold
    Show all (3) 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
    BATON ROUGE, LA (FHA|USDA|VA) 243 $59,745,000 $245,864 $5,388 3.16%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 39 $8,415,000 $215,769 $5,648 3.44%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 31 $5,285,000 $170,484 $4,834 4.03%
    LAFAYETTE, LA (FHA|USDA|VA) 5 $1,135,000 $227,000 $3,565 2.63%
    ALEXANDRIA, LA (FHA|USDA|VA) 3 $795,000 $265,000 $7,174 2.58%
    LAKE CHARLES, LA (FHA|USDA|VA) 2 $400,000 $200,000 $5,906 2.75%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) 2 $330,000 $165,000 $3,694 4.31%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $295,000 $295,000 $0 4.00%
    Natchitoches, LA (FHA|USDA|VA) 1 $215,000 $215,000 $4,983 3.25%
    Outside of Metro Areas 1 $145,000 $145,000 $4,757 3.13%
    Opelousas, LA (FHA|USDA|VA) 2 $130,000 $65,000 $2,894 4.12%
    HAMMOND, LA (FHA|USDA|VA) 2 $100,000 $50,000 $911 5.47%
    Campus Federal Credit Union's top markets include Baton Rouge, New Orleans, Shreveport, Lafayette, and Alexandria among others.

    Their top states include:
  • Louisiana (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Campus Federal Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Bossier Federal Credit Union
    Similarity Rank: 68
    Eureka Homestead
    Similarity Rank: 204
    PIERREMONT MORTGAGE, INC.
    Similarity Rank: 220
    Neighbors Federal Credit Union
    Similarity Rank: 320
    GREATER NEW ORLEANS
    Similarity Rank: 543
    ANECA Federal Credit Union
    Similarity Rank: 890
    America's Mortgage Resource, Inc.
    Similarity Rank: 891
    JEFFERSON FINANCIAL
    Similarity Rank: 936
    ESSENTIAL
    Similarity Rank: 1184
    Pelican State Credit Union
    Similarity Rank: 2356

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 332 $76,990,000 $231,898 $5,299 3.29%

    For 2021, Campus Federal Credit Union's most frequently originated type of loan was Conventional, with 332 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 133 $32,055,000 $241,015 $4,193 2.71%
    Home Purchase 88 $28,480,000 $323,636 $9,680 2.77%
    Cash Out Refi 60 $12,630,000 $210,500 $5,088 3.08%
    Other 26 $1,670,000 $64,231 $767 6.12%
    Home Improvement 25 $2,155,000 $86,200 $1,066 5.69%

    For 2021, Campus Federal Credit Union's most frequently cited loan purpose was Refi, with 133 originations. The 2nd most popular reason was Home Purchase, with 88 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 135 $40,975,000 $303,519 $7,301 2.85%
    15 Year 117 $24,545,000 $209,786 $4,322 2.97%
    Other 27 $4,175,000 $154,630 $1,681 4.50%
    10 Year 26 $2,920,000 $112,308 $1,978 4.87%
    5 Year 17 $1,975,000 $116,176 $827 4.97%
    20 Year 9 $2,135,000 $237,222 $4,532 2.65%
    30+ year 1 $265,000 $265,000 $4,802 2.75%

    For 2021, Campus Federal Credit Union's most frequently cited loan duration was 30 Year, with 135 originations. The 2nd most popular length was 15 Year, with 117 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 130 $20,890,000 $160,692
    $2k-3k 77 $25,315,000 $328,766
    $<1k 42 $8,270,000 $196,905
    $3k-4k 14 $7,160,000 $511,429
    $5k+ 5 $5,715,000 $1,143,000
    $4k-5k 2 $1,560,000 $780,000

    Campus Federal Credit Union's average total fees were $7,301, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 130 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 120 $35,260,000 $293,833
    <2.5% 106 $23,500,000 $221,698
    3-4% 34 $11,340,000 $333,529
    5-6% 29 $3,285,000 $113,276
    4-5% 28 $2,790,000 $99,643
    6-7% 9 $475,000 $52,778
    7-8% 4 $290,000 $72,500
    Over 8% 2 $50,000 $25,000

    During 2021, Campus Federal Credit Union's average interest rate for loans was 2.85%, while their most frequently originated rate bucket for loans was 2.5-3%, with 120 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 118 $32,650,000 $276,695 $6,076 2.84%
    $100k-200k 109 $15,885,000 $145,734 $4,066 2.92%
    $100,000 or less 64 $3,680,000 $57,500 $1,651 5.05%
    $400k-600k 32 $15,190,000 $474,688 $8,488 2.70%
    $600k-1MM 5 $4,055,000 $811,000 $21,203 3.35%
    $1MM+ 4 $5,530,000 $1,382,500 $24,313 2.91%

    2021 saw Campus Federal Credit Union place emphasis on $200k-400k loans with 118 originations, totaling $32,650,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 74 $15,820,000 $213,784 $4,509 3.50%
    $150k-250k 69 $16,165,000 $234,275 $5,122 3.25%
    $50k-75k 48 $7,590,000 $158,125 $4,683 3.20%
    $250k+ 43 $19,265,000 $448,023 $8,102 3.07%
    $75k-100k 41 $8,365,000 $204,024 $5,640 2.58%
    $50k or less 23 $3,165,000 $137,609 $4,225 3.04%

    Campus Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 74 originations. The second most popular income band? $150k-250k, with 69 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 97 $21,045,000 $216,959 $4,996 3.00%
    <20% 67 $16,775,000 $250,373 $5,631 3.01%
    30-36% 54 $12,290,000 $227,593 $4,712 3.30%
    43% 13 $2,925,000 $225,000 $4,235 3.15%
    37% 11 $3,485,000 $316,818 $6,136 3.04%
    36% 9 $1,345,000 $149,444 $4,270 4.16%
    38% 7 $1,275,000 $182,143 $4,186 3.24%
    46% 7 $1,965,000 $280,714 $6,523 3.20%
    41% 7 $1,715,000 $245,000 $5,828 3.50%
    45% 5 $1,315,000 $263,000 $5,244 2.78%
    39% 4 $480,000 $120,000 $2,917 3.81%
    49% 4 $1,480,000 $370,000 $8,097 2.88%
    48% 4 $1,330,000 $332,500 $11,402 4.81%
    42% 3 $875,000 $291,667 $7,078 2.79%
    40% 3 $1,915,000 $638,333 $16,528 2.75%
    47% 2 $220,000 $110,000 $2,308 4.37%
    44% 2 $320,000 $160,000 $4,686 2.94%
    50-60% 1 $105,000 $105,000 $4,476 2.25%

    Campus Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 97 originations. The next most common DTI ratio? <20%, with 67 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 185 $42,575,000 $230,135 $5,012 3.32%
    Not provided 85 $22,935,000 $269,824 $6,307 2.59%
    Black 30 $5,280,000 $176,000 $3,929 3.88%
    Not applicable 26 $4,960,000 $190,769 $0 4.78%
    Asian 6 $1,240,000 $206,667 $6,206 2.63%

    Approval Rates

    Total approvals of all applications
    91.82%

    Campus Federal Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.02%

    Campus Federal Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 332 $76,990,000 $231,898

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    332 $76,990,000 $231,898

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 37 $4,045,000 $109,324 $1,760 4.26%
    40-60% 56 $10,130,000 $180,893 $4,804 2.86%
    60-80% 113 $29,755,000 $263,319 $6,291 2.73%
    80-100% 87 $29,435,000 $338,333 $7,223 2.84%
    Over 100% 1 $35,000 $35,000 $1,122 4.45%
    Under 20% 29 $1,875,000 $64,655 $1,051 5.97%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    COMPASS MORTGAGE, INC. Conventional home mortgage Closing on a mortgage 1 100.0%