Campus Usa Mortgage Rates, Fees & Info

Alachua, FL

LEI: 549300BPDFS1CLV7K329

Tax ID: 59-0637646

5 stars - out of 5 stars, based on 34 reviews

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

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Mortgage Data

  • SimulatedRates™
  • 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 Tampa among others. We have data for 36 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 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
    Home Equity Line of Credit (HELOC) 6.27% 3/24/23
    30 Year Conventional Purchase 6.39% 3/24/23
    30 Year Conventional Refi 6.76% 3/24/23
    30 Year Cash-out Refi 6.75% 3/24/23
    15 Year Conventional Purchase 6.39% 3/24/23
    15 Year Conventional Refi 6.93% 3/24/23
    15 Year Cash-out Refi 6.93% 3/24/23
    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.


    Originations

    1,150

    Origination Dollar Volume (All Markets)

    $204,930,000
    Show all (6) awards

    Relative Rate

    Campus Usa's average 30 year fixed mortgage rate was 4.7%.

    The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

    This yields a difference of -0.06%.

    Relative Fees (Closing Costs)

    Campus Usa's average total fees/closing costs for a 30 year fixed rate mortgage were $3,653.

    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 $4,750.

    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) 521 $103,215,000 $198,109 $3,079 4.94%
    OCALA, FL (FHA|USDA|VA) 294 $37,520,000 $127,619 $1,978 5.20%
    Outside of Metro Areas 61 $12,525,000 $205,328 $4,321 4.84%
    Lake City, FL (FHA|USDA|VA) 60 $12,330,000 $205,500 $4,172 5.06%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 33 $7,185,000 $217,727 $2,694 5.51%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 22 $4,610,000 $209,545 $2,072 5.39%
    TALLAHASSEE, FL (FHA|USDA|VA) 34 $4,470,000 $131,471 $1,867 5.58%
    JACKSONVILLE, FL (FHA|USDA|VA) 22 $4,050,000 $184,091 $2,613 4.46%
    THE VILLAGES, FL (FHA|USDA|VA) 25 $4,045,000 $161,800 $2,664 4.95%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 10 $2,820,000 $282,000 $3,423 4.53%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 26 $2,690,000 $103,462 $1,396 5.09%
    Palatka, FL (FHA|USDA|VA) 10 $1,340,000 $134,000 $5,250 4.55%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $1,035,000 $1,035,000 $6,380 3.75%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 6 $1,030,000 $171,667 $2,657 4.83%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $985,000 $985,000 $7,739 3.13%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $710,000 $355,000 $4,460 5.50%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $665,000 $665,000 $5,614 5.63%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $475,000 $475,000 $4,439 5.00%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $405,000 $405,000 $4,075 5.50%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $345,000 $345,000 $3,379 5.25%
    VALDOSTA, GA (FHA|USDA|VA) 2 $340,000 $170,000 $3,585 4.50%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $325,000 $325,000 $4,400 5.25%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $315,000 $315,000 $3,870 4.13%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $275,000 $275,000 $2,861 6.25%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $215,000 $215,000 $3,842 5.63%
    Dublin, GA (FHA|USDA|VA) 1 $205,000 $205,000 $2,857 5.50%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $165,000 $165,000 $1,277 2.88%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $130,000 $65,000 $1,277 6.20%
    Thomasville, GA (FHA|USDA|VA) 1 $95,000 $95,000 $2,082 4.63%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $95,000 $95,000 $1,097 3.00%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $65,000 $65,000 $170 7.25%
    Clewiston, FL (FHA|USDA|VA) 1 $65,000 $65,000 $1,230 3.50%
    MADISON, WI (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.90%
    ALBANY, GA (FHA|USDA|VA) 1 $55,000 $55,000 $3,233 5.13%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $45,000 $45,000 $200 7.00%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $35,000 $35,000 $170 5.65%
    Campus Usa's top markets include Gainesville, Ocala, Lake City, Orlando, and Tampa among others.

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

    Gulf Winds Credit Union
    Similarity Rank: 240
    Envision Credit Union
    Similarity Rank: 429
    FIRST COMMERCE CREDIT UNION
    Similarity Rank: 437
    Citizens First Bank
    Similarity Rank: 606
    LOANFLIGHT LENDING, LLC
    Similarity Rank: 624
    Shea Mortgage Inc.
    Similarity Rank: 1180
    MIDFLORIDA
    Similarity Rank: 1798
    SPACE COAST Credit Union
    Similarity Rank: 1925
    Cf Bank
    Similarity Rank: 2109
    Seacoast National Bank
    Similarity Rank: 2548

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,003 $192,595,000 $192,019 $2,824 4.99%
    HELOC 147 $12,335,000 $83,912 n/a 5.40%

    For 2022, Campus Usa's most frequently originated type of loan was Conventional, with 1,003 originations. Their 2nd most popular type was HELOC, with 147 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 615 $67,835,000 $110,301 $1,119 5.19%
    Home Purchase 382 $117,350,000 $307,199 $5,552 4.88%
    Refi 134 $17,600,000 $131,343 $1,376 4.72%
    Other 10 $1,040,000 $104,000 $90 5.39%
    Home Improvement 9 $1,105,000 $122,778 $1,336 5.68%

    For 2022, Campus Usa's most frequently cited loan purpose was Cash Out Refi, with 615 originations. The 2nd most popular reason was Home Purchase, with 382 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 333 $88,105,000 $264,580 $3,653 4.70%
    15 Year 286 $31,850,000 $111,364 $1,226 5.18%
    20 Year 210 $25,350,000 $120,714 $2,736 5.03%
    10 Year 129 $9,295,000 $72,054 $650 5.02%
    30+ year 85 $36,585,000 $430,412 $9,023 4.67%
    Other 73 $9,915,000 $135,822 $1,755 5.95%
    5 Year 34 $3,830,000 $112,647 $3,353 6.21%

    For 2022, Campus Usa's most frequently cited loan duration was 30 Year, with 333 originations. The 2nd most popular length was 15 Year, with 286 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 450 $31,650,000 $70,333
    $1k-2k 446 $103,470,000 $231,996
    $2k-3k 62 $36,740,000 $592,581
    $3k-4k 26 $10,330,000 $397,308
    $4k-5k 15 $8,175,000 $545,000
    $5k+ 4 $2,230,000 $557,500

    Campus Usa's average total fees were $3,653, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 450 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 301 $56,795,000 $188,688
    4-5% 254 $50,200,000 $197,638
    3-4% 237 $56,135,000 $236,857
    6-7% 208 $20,740,000 $99,712
    2.5-3% 79 $15,465,000 $195,759
    7-8% 62 $4,470,000 $72,097
    Over 8% 8 $540,000 $67,500
    <2.5% 1 $585,000 $585,000

    During 2022, Campus Usa's average interest rate for loans was 4.70%, while their most frequently originated rate bucket for loans was 5-6%, with 301 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 500 $27,190,000 $54,380 $739 5.55%
    $200k-400k 285 $78,475,000 $275,351 $4,521 4.66%
    $100k-200k 269 $38,595,000 $143,476 $2,187 4.72%
    $400k-600k 55 $26,275,000 $477,727 $7,728 4.63%
    $600k-1MM 34 $25,580,000 $752,353 $8,399 4.08%
    $1MM+ 7 $8,815,000 $1,259,286 $11,472 4.27%

    2022 saw Campus Usa place emphasis on $100,000 or less loans with 500 originations, totaling $27,190,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 310 $56,180,000 $181,226 $3,122 5.12%
    $150k-250k 205 $45,235,000 $220,659 $3,635 5.08%
    $50k-75k 204 $23,700,000 $116,176 $1,943 4.97%
    $75k-100k 199 $27,705,000 $139,221 $2,380 5.03%
    $50k or less 135 $11,215,000 $83,074 $1,550 5.03%
    $250k+ 76 $36,500,000 $480,263 $5,427 4.81%

    Campus Usa lent most frequently to those with incomes in the $100k-150k range, with 310 originations. The second most popular income band? $150k-250k, with 205 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 247 $46,045,000 $186,417 $2,938 4.76%
    30-36% 210 $34,910,000 $166,238 $2,386 4.92%
    <20% 92 $15,530,000 $168,804 $2,780 4.53%
    40% 58 $8,710,000 $150,172 $2,225 5.11%
    41% 58 $8,680,000 $149,655 $2,760 5.42%
    42% 56 $9,080,000 $162,143 $2,846 5.52%
    38% 50 $8,950,000 $179,000 $2,646 5.47%
    45% 49 $8,975,000 $183,163 $3,025 5.31%
    36% 45 $7,275,000 $161,667 $2,407 5.11%
    44% 41 $6,545,000 $159,634 $2,341 5.47%
    43% 40 $6,700,000 $167,500 $2,606 5.21%
    37% 39 $10,565,000 $270,897 $4,051 4.84%
    39% 37 $4,965,000 $134,189 $2,173 5.40%
    50-60% 29 $7,995,000 $275,690 $4,168 4.93%
    47% 23 $4,185,000 $181,957 $3,794 5.69%
    46% 20 $3,930,000 $196,500 $4,656 5.55%
    48% 19 $3,125,000 $164,474 $2,385 5.95%
    49% 9 $1,805,000 $200,556 $3,279 5.11%
    >60% 9 $1,615,000 $179,444 $3,107 5.74%

    Campus Usa lent most frequently to those with DTI ratios of 20-30%, with 247 originations. The next most common DTI ratio? 30-36%, with 210 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 972 $162,590,000 $167,274 $2,695 5.03%
    Not provided 72 $15,050,000 $209,028 $3,220 5.28%
    Black 55 $13,025,000 $236,818 $3,071 5.09%
    Asian 29 $9,585,000 $330,517 $4,827 4.63%
    American Indian 8 $1,840,000 $230,000 $3,498 5.20%
    Not applicable 5 $905,000 $181,000 $3,304 5.08%
    Asian Indian 3 $795,000 $265,000 $4,384 6.04%
    Native Hawaiian or Islander 3 $735,000 $245,000 $7,031 4.63%
    Japanese 1 $235,000 $235,000 $2,530 5.13%
    Other Asian 1 $95,000 $95,000 $3,347 7.13%
    Filipino 1 $75,000 $75,000 $200 5.10%

    Approval Rates

    Total approvals of all applications
    93.90%

    Campus Usa has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.61%

    Campus Usa has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,150 $204,930,000 $178,200

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,150 $204,930,000 $178,200

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 210 $20,390,000 $97,095 $1,033 5.27%
    40-60% 174 $33,130,000 $190,402 $2,912 4.50%
    60-80% 294 $72,320,000 $245,986 $4,184 4.61%
    80-100% 171 $59,675,000 $348,977 $5,103 4.66%
    Under 20% 284 $14,560,000 $51,268 $267 5.96%