Campos Financial Corp. Mortgage Rates, Fees & Info

Los Angeles, CA

LEI: 54930035U7Q80J7HTS79

Tax ID: 45-5147913

1 stars - Updated: 6/9/24 - out of 5 stars, based on 15 reviews

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

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Mortgage Data

Review & Overview

Campos Financial Corp. is a smaller mortgage company specializing in Home Purchase loans. Campos Financial Corp. has a high proportion of conventional loans. They have a a high proportion of FHA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Los Angeles, Riverside, Oxnard, Bakersfield, and San Diego among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)

Campos Financial Corp. has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Campos Financial Corp. 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 relatively high 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
Home Equity Line of Credit (HELOC) 6.27% 6/9/24
30 Year Conventional Purchase 6.97% 6/9/24
30 Year Conventional Refi 6.58% 6/9/24
30 Year Cash-out Refi 6.88% 6/9/24
30 Year FHA Purchase 7.23% 6/9/24
30 Year FHA Refi 6.91% 6/9/24
30 Year VA Purchase 6.52% 6/9/24
15 Year Conventional Refi 6.39% 6/9/24
15 Year Cash-out Refi 6.39% 6/9/24
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.

Campos Financial Corp. Mortgage Calculator






Your Estimates

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

This is not an official calculator from Campos Financial Corp.. 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

231

Origination Dollar Volume (All Markets)

$111,965,000

Awards

CAMPOS FINANCIAL CORP. FHA Loans silver CAMPOS FINANCIAL CORP. FHA Loans bronze
Show all (2) awards

Relative Rate

Campos Financial Corp.'s average 30 year fixed mortgage rate was 6.92%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.44%.

Relative Fees (Closing Costs)

Campos Financial Corp.'s average total fees/closing costs for a 30 year fixed rate mortgage were $15,242.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

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
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 172 $87,490,000 $508,663 $15,736 6.96%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 22 $9,850,000 $447,727 $14,480 6.64%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 10 $6,730,000 $673,000 $16,893 7.03%
BAKERSFIELD, CA (FHA|USDA|VA) 22 $6,130,000 $278,636 $10,854 6.74%
Outside of Metro Areas 1 $465,000 $465,000 $22,031 5.75%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $355,000 $355,000 $21,041 6.25%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $355,000 $355,000 $12,237 7.88%
VALLEJO, CA (FHA|USDA|VA) 1 $305,000 $305,000 $11,884 8.13%
FRESNO, CA (FHA|USDA|VA) 1 $285,000 $285,000 $9,097 7.75%
Campos Financial Corp.'s top markets include Los Angeles, Riverside, Oxnard, Bakersfield, and San Diego among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Similar Lenders

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

    SAFE 1 CREDIT UNION
    Similarity Rank: 24
    AltaOne Federal Credit Union
    Similarity Rank: 55
    Los Angeles Federal Credit Union
    Similarity Rank: 72
    VENTURA COUNTY
    Similarity Rank: 96
    VALLEY STRONG CREDIT UNION
    Similarity Rank: 136
    LBS FINANCIAL
    Similarity Rank: 258
    SOUTHLAND CREDIT UNION
    Similarity Rank: 342
    FIRST ENTERTAINMENT
    Similarity Rank: 351
    ARROWHEAD CENTRAL CREDIT UNION
    Similarity Rank: 477

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 120 $55,040,000 $458,667 $11,350 7.27%
    FHA 106 $54,550,000 $514,623 $19,617 6.55%
    VA 4 $2,180,000 $545,000 $9,425 6.03%
    FHA 1 $195,000 $195,000 $0 7.45%

    For 2023, Campos Financial Corp.'s most frequently originated type of loan was Conventional, with 120 originations. Their 2nd most popular type was FHA, with 106 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 198 $99,310,000 $501,566 $15,503 6.88%
    Cash Out Refi 29 $11,495,000 $396,379 $13,293 7.18%
    Refi 4 $1,160,000 $290,000 $11,889 6.59%

    For 2023, Campos Financial Corp.'s most frequently cited loan purpose was Home Purchase, with 198 originations. The 2nd most popular reason was Cash Out Refi, with 29 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 229 $111,745,000 $487,969 $15,242 6.92%
    15 Year 1 $25,000 $25,000 $428 6.25%
    Other 1 $195,000 $195,000 $0 7.45%

    For 2023, Campos Financial Corp.'s most frequently cited loan duration was 30 Year, with 229 originations. The 2nd most popular length was 15 Year, with 1 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 135 $68,775,000 $509,444
    $2k-3k 41 $18,865,000 $460,122
    $3k-4k 24 $10,440,000 $435,000
    $4k-5k 22 $10,110,000 $459,545
    $<1k 3 $1,025,000 $341,667
    $1k-2k 2 $960,000 $480,000

    Campos Financial Corp.'s average total fees were $15,242, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 135 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 117 $58,195,000 $497,393
    7-8% 78 $36,080,000 $462,564
    5-6% 21 $10,065,000 $479,286
    Over 8% 15 $7,625,000 $508,333

    During 2023, Campos Financial Corp.'s average interest rate for loans was 6.92%, while their most frequently originated rate bucket for loans was 6-7%, with 117 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $400k-600k 92 $44,520,000 $483,913 $15,117 6.88%
    $200k-400k 68 $21,950,000 $322,794 $11,732 7.00%
    $600k-1MM 55 $38,375,000 $697,727 $20,273 6.85%
    $100k-200k 10 $1,680,000 $168,000 $7,172 7.00%
    $1MM+ 5 $5,415,000 $1,083,000 $24,733 7.03%
    $100,000 or less 1 $25,000 $25,000 $428 6.25%

    2023 saw Campos Financial Corp. place emphasis on $400k-600k loans with 92 originations, totaling $44,520,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 98 $45,280,000 $462,041 $15,526 6.81%
    $150k-250k 58 $35,140,000 $605,862 $16,860 6.99%
    $75k-100k 35 $12,445,000 $355,571 $12,164 6.74%
    $50k-75k 17 $4,185,000 $246,176 $10,436 6.96%
    $250k+ 13 $11,145,000 $857,308 $22,156 7.23%
    $50k or less 10 $3,770,000 $377,000 $9,087 7.62%

    Campos Financial Corp. lent most frequently to those with incomes in the $100k-150k range, with 98 originations. The second most popular income band? $150k-250k, with 58 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 63 $32,815,000 $520,873 $18,845 6.61%
    49% 25 $11,745,000 $469,800 $13,989 6.94%
    48% 17 $7,325,000 $430,882 $13,192 7.04%
    47% 14 $7,350,000 $525,000 $16,929 6.69%
    30-36% 14 $6,600,000 $471,429 $13,462 6.98%
    46% 13 $6,435,000 $495,000 $12,762 7.05%
    44% 13 $7,115,000 $547,308 $14,619 6.88%
    45% 13 $5,445,000 $418,846 $14,852 7.12%
    40% 11 $4,205,000 $382,273 $10,760 6.81%
    43% 10 $4,760,000 $476,000 $12,826 7.25%
    41% 8 $4,130,000 $516,250 $13,682 7.17%
    42% 7 $2,955,000 $422,143 $14,979 6.73%
    20-30% 6 $3,110,000 $518,333 $14,708 7.52%
    39% 5 $2,555,000 $511,000 $14,359 7.15%
    37% 4 $1,400,000 $350,000 $13,551 7.09%
    38% 2 $970,000 $485,000 $13,373 6.69%
    >60% 2 $1,160,000 $580,000 $7,979 8.44%
    36% 1 $295,000 $295,000 $10,372 6.63%

    Campos Financial Corp. lent most frequently to those with DTI ratios of 50-60%, with 63 originations. The next most common DTI ratio? 49%, with 25 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 203 $99,305,000 $489,187 $15,116 6.90%
    Black 13 $5,715,000 $439,615 $18,373 6.38%
    Asian 6 $2,980,000 $496,667 $11,184 7.75%
    Not provided 7 $2,895,000 $413,571 $12,747 7.55%
    Native Hawaiian or Islander 2 $1,070,000 $535,000 $18,979 6.88%

    Approval Rates

    Total approvals of all applications
    100.00%

    Campos Financial Corp. 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
    96.10%

    Campos Financial Corp. has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 231 $111,965,000 $484,697

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    231 $111,965,000 $484,697

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5 $1,005,000 $201,000 $9,398 7.44%
    40-60% 18 $6,190,000 $343,889 $11,238 6.94%
    60-80% 55 $27,595,000 $501,727 $13,357 7.20%
    80-100% 150 $76,810,000 $512,067 $16,638 6.78%
    Under 20% 3 $365,000 $121,667 $4,986 7.29%