Campus Usa Mortgage Rates, Fees & Info

Alachua, FL

LEI: 549300BPDFS1CLV7K329

Tax ID: 59-0637646

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 Usa is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Campus Usa has a high proportion of conventional loans. Their top markets by origination volume include: Gainesville, Ocala, Lake City, Tallahassee, and Jacksonville among others. We have data for 31 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Campus Usa has an 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% 12/16/24
    30 Year Conventional Purchase 6.39% 12/16/24
    30 Year Conventional Refi 6.76% 12/16/24
    30 Year Cash-out Refi 6.75% 12/16/24
    15 Year Conventional Purchase 6.39% 12/16/24
    15 Year Conventional Refi 6.93% 12/16/24
    15 Year Cash-out Refi 6.93% 12/16/24
    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

    1,018

    Origination Dollar Volume (All Markets)

    $161,090,000
    Show all (6) 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
    GAINESVILLE, FL (FHA|USDA|VA) 569 $96,015,000 $168,743 $3,034 4.66%
    OCALA, FL (FHA|USDA|VA) 212 $23,010,000 $108,538 $2,370 4.85%
    Outside of Metro Areas 69 $13,635,000 $197,609 $4,731 4.78%
    Lake City, FL (FHA|USDA|VA) 58 $9,420,000 $162,414 $3,787 4.76%
    TALLAHASSEE, FL (FHA|USDA|VA) 17 $4,205,000 $247,353 $3,886 4.55%
    JACKSONVILLE, FL (FHA|USDA|VA) 10 $1,660,000 $166,000 $2,410 5.20%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 17 $1,645,000 $96,765 $2,167 5.13%
    KNOXVILLE, TN (FHA|USDA|VA) 2 $1,510,000 $755,000 $7,254 4.75%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $980,000 $245,000 $2,846 4.50%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $930,000 $465,000 $6,487 4.75%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 9 $875,000 $97,222 $1,804 5.07%
    THE VILLAGES, FL (FHA|USDA|VA) 4 $820,000 $205,000 $3,273 4.81%
    COLUMBIA, MO (FHA|USDA|VA) 2 $730,000 $365,000 $1,872 4.00%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 4 $680,000 $170,000 $3,076 4.50%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $610,000 $305,000 $7,514 4.88%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $570,000 $285,000 $3,904 4.75%
    Tifton, GA (FHA|USDA|VA) 2 $570,000 $285,000 $3,779 4.88%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 4 $440,000 $110,000 $2,323 4.25%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $375,000 $375,000 $4,626 5.13%
    Palatka, FL (FHA|USDA|VA) 4 $320,000 $80,000 $2,171 5.16%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 6 $290,000 $48,333 $804 5.04%
    SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $270,000 $135,000 $3,342 4.75%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $265,000 $88,333 $2,327 3.96%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $210,000 $105,000 $1,547 4.25%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $210,000 $105,000 $3,378 4.75%
    VALDOSTA, GA (FHA|USDA|VA) 2 $210,000 $105,000 $2,627 4.00%
    PEORIA, IL (FHA|USDA|VA) 1 $195,000 $195,000 $2,070 4.13%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $190,000 $95,000 $5,503 4.88%
    Seneca, SC (FHA|USDA|VA) 1 $175,000 $175,000 $3,345 4.88%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $50,000 $25,000 $931 5.25%
    DECATUR, IL (FHA|USDA|VA) 1 $25,000 $25,000 $2,360 5.38%
    Campus Usa's top markets include Gainesville, Ocala, Lake City, Tallahassee, and Jacksonville among others.

    Their top states include:
  • Florida (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Missouri (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.

    GMFS LLC
    Similarity Rank: 396
    Brannen Bank
    Similarity Rank: 450
    CRESCENT MORTGAGE COMPANY
    Similarity Rank: 560
    GTE Federal Credit Union
    Similarity Rank: 575
    Third Federal Savings and Loan Association of Cleveland
    Similarity Rank: 614
    Shea Mortgage Inc.
    Similarity Rank: 912
    HOME SOLUTION LENDERS INC.
    Similarity Rank: 945
    FIRST EQUITY MORTGAGE INCORPORATED
    Similarity Rank: 988
    121 FINANCIAL
    Similarity Rank: 1272
    COMMUNITY FIRST CREDIT UNION OF FLO
    Similarity Rank: 1380

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,018 $161,090,000 $158,242 $3,038 4.73%

    For 2018, Campus Usa's most frequently originated type of loan was Conventional, with 1,018 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 532 $112,450,000 $211,372 $4,518 4.69%
    Cash Out Refi 403 $38,215,000 $94,826 $1,317 4.84%
    Refi 80 $10,300,000 $128,750 $1,974 4.44%
    Other 3 $125,000 $41,667 $444 5.58%

    For 2018, Campus Usa's most frequently cited loan purpose was Home Purchase, with 532 originations. The 2nd most popular reason was Cash Out Refi, with 403 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 413 $81,095,000 $196,356 $3,309 4.73%
    15 Year 238 $25,550,000 $107,353 $1,894 4.62%
    Other 126 $7,930,000 $62,937 $1,201 4.87%
    30+ year 118 $33,410,000 $283,136 $7,360 4.64%
    20 Year 56 $9,970,000 $178,036 $2,767 4.67%
    5 Year 39 $1,625,000 $41,667 $1,736 5.50%
    10 Year 28 $1,510,000 $53,929 $1,187 4.56%

    For 2018, Campus Usa's most frequently cited loan duration was 30 Year, with 413 originations. The 2nd most popular length was 15 Year, with 238 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 653 $103,995,000 $159,257
    $<1k 242 $12,870,000 $53,182
    $2k-3k 81 $27,635,000 $341,173
    $3k-4k 27 $9,245,000 $342,407
    $4k-5k 10 $4,370,000 $437,000
    $5k+ 5 $2,975,000 $595,000

    Campus Usa's average total fees were $3,309, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 653 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 641 $124,805,000 $194,704
    5-6% 215 $18,225,000 $84,767
    3-4% 112 $16,040,000 $143,214
    6-7% 30 $1,440,000 $48,000
    <2.5% 20 $580,000 $29,000

    During 2018, Campus Usa's average interest rate for loans was 4.73%, while their most frequently originated rate bucket for loans was 4-5%, with 641 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 408 $20,490,000 $50,221 $1,276 4.96%
    $100k-200k 289 $41,835,000 $144,758 $3,004 4.59%
    $200k-400k 275 $73,655,000 $267,836 $4,883 4.56%
    $400k-600k 32 $15,090,000 $471,563 $7,409 4.68%
    $600k-1MM 14 $10,020,000 $715,714 $8,887 4.73%

    2018 saw Campus Usa place emphasis on $100,000 or less loans with 408 originations, totaling $20,490,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 258 $42,970,000 $166,550 $3,210 4.78%
    $50k-75k 204 $26,260,000 $128,725 $2,861 4.63%
    $75k-100k 181 $27,575,000 $152,348 $3,105 4.91%
    $50k or less 180 $13,350,000 $74,167 $1,930 4.61%
    $150k-250k 128 $31,160,000 $243,438 $4,023 4.76%
    $250k+ 50 $16,200,000 $324,000 $3,945 4.58%

    Campus Usa lent most frequently to those with incomes in the $100k-150k range, with 258 originations. The second most popular income band? $50k-75k, with 204 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 297 $41,785,000 $140,690 $2,727 4.73%
    30-36% 220 $36,340,000 $165,182 $3,145 4.66%
    <20% 127 $20,405,000 $160,669 $2,666 4.54%
    38% 51 $7,465,000 $146,373 $2,591 4.84%
    42% 45 $7,565,000 $168,111 $3,577 4.82%
    39% 40 $7,040,000 $176,000 $2,924 4.83%
    36% 37 $5,355,000 $144,730 $2,468 4.74%
    41% 34 $6,280,000 $184,706 $3,291 4.82%
    40% 32 $4,740,000 $148,125 $4,090 4.93%
    37% 32 $4,260,000 $133,125 $3,051 4.98%
    43% 31 $5,675,000 $183,065 $3,707 4.88%
    45% 20 $4,280,000 $214,000 $4,417 4.85%
    44% 19 $3,515,000 $185,000 $3,951 4.85%
    46% 12 $2,080,000 $173,333 $3,773 4.65%
    48% 9 $1,595,000 $177,222 $3,491 4.65%
    47% 6 $1,320,000 $220,000 $3,190 5.33%
    50-60% 4 $660,000 $165,000 $4,903 4.88%
    49% 2 $730,000 $365,000 $8,565 4.25%

    Campus Usa lent most frequently to those with DTI ratios of 20-30%, with 297 originations. The next most common DTI ratio? 30-36%, with 220 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 942 $148,290,000 $157,420 $3,032 4.74%
    Black 41 $7,295,000 $177,927 $3,026 4.77%
    Asian 24 $3,750,000 $156,250 $3,366 4.47%
    Not applicable 4 $1,060,000 $265,000 $2,767 4.81%
    Not provided 5 $545,000 $109,000 $2,947 4.03%
    American Indian 2 $150,000 $75,000 $3,216 4.75%

    Approval Rates

    Total approvals of all applications
    85.62%

    Campus Usa has an average approval rate.

    Pick Rate

    Approvals leading to origination
    72.69%

    Campus Usa has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,018 $161,090,000 $158,242

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 1 $55,000 $55,000
    Single Family (1-4 Units):Site-Built 1,017 $161,035,000 $158,343

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 119 $7,095,000 $59,622 $1,259 5.01%
    40-60% 114 $12,850,000 $112,719 $2,595 4.48%
    60-80% 337 $64,195,000 $190,490 $3,492 4.64%
    80-100% 330 $72,790,000 $220,576 $4,284 4.68%
    Over 100% 2 $570,000 $285,000 $4,846 4.38%
    Under 20% 116 $3,590,000 $30,948 $408 5.08%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Campos Financial Corp. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%
    Campos Financial Corp. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%