Campus Usa Mortgage Rates, Fees & Info

Alachua, FL

LEI: 549300BPDFS1CLV7K329

Tax ID: 59-0637646

5 stars - Updated: 11/17/24 - out of 5 stars, based on 28 reviews

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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 Usa is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. Campus Usa has a high proportion of conventional loans. Their top markets by origination volume include: Gainesville, Ocala, Lake City, Orlando, and Jacksonville among others. We have data for 28 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Campus Usa 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 Usa is typically a low 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% 11/17/24
    30 Year Conventional Purchase 6.39% 11/17/24
    30 Year Conventional Refi 6.76% 11/17/24
    30 Year Cash-out Refi 6.75% 11/17/24
    15 Year Conventional Purchase 6.39% 11/17/24
    15 Year Conventional Refi 6.93% 11/17/24
    15 Year Cash-out Refi 6.93% 11/17/24
    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 Usa Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Campus Usa. 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

    807

    Origination Dollar Volume (All Markets)

    $133,255,000

    Awards

    CAMPUS USA 30 Year Conventional Loans silver CAMPUS USA 30 Year Conventional Loans gold CAMPUS USA 30 Year Conventional Loans gold CAMPUS USA 30 Year Conventional Loans bronze
    Show all (4) awards

    Relative Rate

    Campus Usa's average 30 year fixed mortgage rate was 6.6%.

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

    This yields a difference of 0.12%.

    Relative Fees (Closing Costs)

    Campus Usa's average total fees/closing costs for a 30 year fixed rate mortgage were $4,448.

    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
    GAINESVILLE, FL (FHA|USDA|VA) 343 $62,615,000 $182,551 $2,955 7.33%
    OCALA, FL (FHA|USDA|VA) 212 $23,980,000 $113,113 $1,751 7.43%
    Outside of Metro Areas 51 $10,195,000 $199,902 $4,384 7.26%
    Lake City, FL (FHA|USDA|VA) 40 $6,350,000 $158,750 $3,717 7.36%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 29 $5,985,000 $206,379 $3,247 7.52%
    JACKSONVILLE, FL (FHA|USDA|VA) 21 $5,845,000 $278,333 $3,334 7.08%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 18 $3,310,000 $183,889 $2,817 7.37%
    TALLAHASSEE, FL (FHA|USDA|VA) 32 $2,610,000 $81,563 $1,033 8.30%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 10 $2,370,000 $237,000 $2,884 6.90%
    THE VILLAGES, FL (FHA|USDA|VA) 13 $2,095,000 $161,154 $4,217 7.20%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 3 $1,255,000 $418,333 $4,596 6.04%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $1,110,000 $555,000 $9,904 8.38%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 4 $800,000 $200,000 $3,027 6.83%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $675,000 $675,000 $7,489 7.88%
    Palatka, FL (FHA|USDA|VA) 9 $645,000 $71,667 $1,582 7.32%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 4 $600,000 $150,000 $151 8.45%
    PITTSBURGH, PA (FHA|USDA|VA) 1 $475,000 $475,000 $5,944 6.63%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $400,000 $200,000 $3,861 6.19%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $325,000 $325,000 $0 9.25%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $310,000 $155,000 $745 8.95%
    Dublin, GA (FHA|USDA|VA) 1 $305,000 $305,000 $11,835 7.50%
    Americus, GA (FHA|USDA|VA) 1 $245,000 $245,000 $3,363 6.13%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $200,000 $100,000 $1,903 6.76%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $175,000 $175,000 $1,194 8.50%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $145,000 $145,000 $4,572 6.13%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $145,000 $145,000 $3,189 7.00%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $55,000 $55,000 $720 7.40%
    TUSCALOOSA, AL (FHA|USDA|VA) 1 $35,000 $35,000 $425 7.60%
    Campus Usa's top markets include Gainesville, Ocala, Lake City, Orlando, and Jacksonville among others.

    Their top states include:
  • Florida (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)

    • Similar Lenders

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

    FIRST COMMERCE CREDIT UNION
    Similarity Rank: 138
    Envision Credit Union
    Similarity Rank: 240
    SunState Federal Credit Union
    Similarity Rank: 468
    Coastline Federal Credit Union
    Similarity Rank: 574
    Citizens First Bank
    Similarity Rank: 623
    JAX
    Similarity Rank: 711
    Shea Mortgage Inc.
    Similarity Rank: 741
    121 FINANCIAL
    Similarity Rank: 760
    Seacoast National Bank
    Similarity Rank: 783
    MIDFLORIDA
    Similarity Rank: 792

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 689 $120,515,000 $174,913 $2,734 7.17%
    HELOC 118 $12,740,000 $107,966 n/a 8.65%

    For 2023, Campus Usa's most frequently originated type of loan was Conventional, with 689 originations. Their 2nd most popular type was HELOC, with 118 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 432 $35,470,000 $82,106 $620 7.76%
    Home Purchase 284 $87,650,000 $308,627 $5,748 6.66%
    Refi 68 $7,510,000 $110,441 $693 7.98%
    Home Improvement 19 $2,125,000 $111,842 $724 7.59%
    Other 4 $500,000 $125,000 $816 7.85%

    For 2023, Campus Usa's most frequently cited loan purpose was Cash Out Refi, with 432 originations. The 2nd most popular reason was Home Purchase, with 284 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 199 $18,645,000 $93,693 $796 7.62%
    30 Year 186 $53,360,000 $286,882 $4,448 6.60%
    20 Year 144 $17,460,000 $121,250 $3,315 8.35%
    10 Year 120 $8,060,000 $67,167 $618 7.06%
    Other 69 $4,935,000 $71,522 $576 7.88%
    30+ year 60 $26,280,000 $438,000 $9,784 6.86%
    5 Year 29 $4,515,000 $155,690 $3,827 7.38%

    For 2023, Campus Usa's most frequently cited loan duration was 15 Year, with 199 originations. The 2nd most popular length was 30 Year, with 186 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 388 $27,610,000 $71,160
    $1k-2k 244 $63,700,000 $261,066
    $2k-3k 21 $13,425,000 $639,286
    $3k-4k 16 $5,790,000 $361,875
    $4k-5k 13 $5,755,000 $442,692
    $5k+ 7 $4,235,000 $605,000

    Campus Usa's average total fees were $4,448, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 388 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    7-8% 282 $39,190,000 $138,972
    6-7% 251 $54,535,000 $217,271
    Over 8% 208 $18,190,000 $87,452
    5-6% 64 $20,170,000 $315,156
    4-5% 2 $1,170,000 $585,000

    During 2023, Campus Usa's average interest rate for loans was 6.60%, while their most frequently originated rate bucket for loans was 7-8%, with 282 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 396 $20,500,000 $51,768 $501 7.76%
    $100k-200k 183 $26,675,000 $145,765 $2,646 7.34%
    $200k-400k 156 $44,410,000 $284,679 $5,069 6.88%
    $400k-600k 53 $25,675,000 $484,434 $8,021 6.57%
    $600k-1MM 16 $12,060,000 $753,750 $10,065 6.52%
    $1MM+ 3 $3,935,000 $1,311,667 $12,028 6.38%

    2023 saw Campus Usa place emphasis on $100,000 or less loans with 396 originations, totaling $20,500,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 207 $32,105,000 $155,097 $2,658 7.44%
    $150k-250k 172 $38,050,000 $221,221 $3,870 7.30%
    $50k-75k 134 $11,670,000 $87,090 $1,751 7.41%
    $75k-100k 132 $16,080,000 $121,818 $1,957 7.34%
    $250k+ 81 $30,055,000 $371,049 $5,280 7.43%
    $50k or less 73 $4,185,000 $57,329 $1,072 7.39%

    Campus Usa lent most frequently to those with incomes in the $100k-150k range, with 207 originations. The second most popular income band? $150k-250k, with 172 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 180 $32,140,000 $178,556 $3,011 7.21%
    30-36% 135 $19,955,000 $147,815 $2,358 7.43%
    <20% 48 $9,020,000 $187,917 $3,188 7.13%
    43% 44 $8,870,000 $201,591 $3,150 7.64%
    39% 39 $4,135,000 $106,026 $1,579 7.54%
    36% 37 $5,485,000 $148,243 $1,934 7.31%
    40% 37 $5,315,000 $143,649 $2,315 7.56%
    42% 34 $5,080,000 $149,412 $2,185 7.54%
    41% 32 $5,280,000 $165,000 $2,767 7.49%
    44% 32 $4,170,000 $130,313 $2,311 7.55%
    46% 30 $4,990,000 $166,333 $2,419 7.57%
    37% 30 $4,030,000 $134,333 $2,396 7.33%
    38% 27 $4,485,000 $166,111 $2,788 7.39%
    50-60% 26 $6,170,000 $237,308 $5,040 7.38%
    45% 23 $2,565,000 $111,522 $1,507 7.58%
    47% 19 $3,835,000 $201,842 $3,352 7.44%
    49% 15 $3,425,000 $228,333 $4,895 7.00%
    48% 10 $1,400,000 $140,000 $2,762 7.86%
    >60% 8 $2,730,000 $341,250 $6,681 6.86%

    Campus Usa lent most frequently to those with DTI ratios of 20-30%, with 180 originations. The next most common DTI ratio? 30-36%, with 135 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 662 $103,190,000 $155,876 $2,678 7.41%
    Not provided 59 $12,665,000 $214,661 $3,288 7.26%
    Asian 26 $8,750,000 $336,538 $4,557 6.56%
    Black 52 $7,830,000 $150,577 $2,161 7.57%
    American Indian 3 $245,000 $81,667 $513 7.57%
    Not applicable 1 $215,000 $215,000 $5,643 7.25%
    Filipino 1 $165,000 $165,000 $200 8.50%
    Other Asian 2 $140,000 $70,000 $179 7.50%
    Other Pacific Islander 1 $55,000 $55,000 $200 8.65%

    Approval Rates

    Total approvals of all applications
    91.61%

    Campus Usa has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.40%

    Campus Usa has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 807 $133,255,000 $165,124

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    807 $133,255,000 $165,124

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 200 $21,290,000 $106,450 $1,107 7.73%
    40-60% 84 $15,700,000 $186,905 $3,481 6.99%
    60-80% 166 $45,880,000 $276,386 $5,328 6.89%
    80-100% 101 $36,715,000 $363,515 $5,579 6.47%
    Under 20% 256 $13,670,000 $53,398 $307 7.93%