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
  • 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, The Villages, and Jacksonville among others. We have data for 29 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% 4/21/24
    30 Year Conventional Purchase 6.39% 4/21/24
    30 Year Conventional Refi 6.76% 4/21/24
    30 Year Cash-out Refi 6.75% 4/21/24
    15 Year Conventional Purchase 6.39% 4/21/24
    15 Year Conventional Refi 6.93% 4/21/24
    15 Year Cash-out Refi 6.93% 4/21/24
    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

    1,102

    Origination Dollar Volume (All Markets)

    $156,390,000

    Awards

    CAMPUS USA 30 Year Conventional Loans bronze CAMPUS USA 30 Year Conventional Loans gold CAMPUS USA 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
    GAINESVILLE, FL (FHA|USDA|VA) 570 $86,790,000 $152,263 $2,829 4.90%
    OCALA, FL (FHA|USDA|VA) 265 $29,855,000 $112,660 $2,161 4.78%
    Lake City, FL (FHA|USDA|VA) 63 $8,085,000 $128,333 $3,175 4.83%
    Outside of Metro Areas 53 $7,405,000 $139,717 $3,484 4.97%
    THE VILLAGES, FL (FHA|USDA|VA) 30 $4,350,000 $145,000 $1,816 4.88%
    JACKSONVILLE, FL (FHA|USDA|VA) 21 $4,265,000 $203,095 $3,597 4.86%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 19 $3,315,000 $174,474 $3,260 5.13%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 11 $2,825,000 $256,818 $4,779 4.60%
    TALLAHASSEE, FL (FHA|USDA|VA) 18 $2,320,000 $128,889 $1,889 4.92%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 7 $1,485,000 $212,143 $3,177 4.52%
    Palatka, FL (FHA|USDA|VA) 12 $1,220,000 $101,667 $2,796 4.79%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 7 $725,000 $103,571 $2,088 5.36%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 3 $575,000 $191,667 $3,344 4.46%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $530,000 $265,000 $3,362 4.25%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $410,000 $205,000 $4,133 4.06%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 4 $390,000 $97,500 $1,783 4.88%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $260,000 $130,000 $1,637 4.25%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $215,000 $215,000 $2,366 4.63%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $210,000 $105,000 $2,004 5.38%
    ALBUQUERQUE, NM (FHA|USDA|VA) 1 $175,000 $175,000 $3,289 3.13%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $165,000 $165,000 $3,794 4.00%
    BATON ROUGE, LA (FHA|USDA|VA) 1 $155,000 $155,000 $3,363 4.00%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $125,000 $125,000 $2,896 4.75%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $125,000 $125,000 $3,139 4.00%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $115,000 $115,000 $2,212 3.50%
    VALDOSTA, GA (FHA|USDA|VA) 1 $115,000 $115,000 $3,061 4.75%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $85,000 $85,000 $2,981 4.50%
    Clewiston, FL (FHA|USDA|VA) 1 $75,000 $75,000 $570 7.00%
    DECATUR, IL (FHA|USDA|VA) 1 $25,000 $25,000 $1,720 4.75%
    Campus Usa's top markets include Gainesville, Ocala, Lake City, The Villages, and Jacksonville among others.

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

    Citizens First Bank
    Similarity Rank: 464
    Envision Credit Union
    Similarity Rank: 918
    JAX
    Similarity Rank: 1078
    GTE Federal Credit Union
    Similarity Rank: 1118
    FIRST EQUITY MORTGAGE INCORPORATED
    Similarity Rank: 1216
    LOANFLIGHT LENDING, LLC
    Similarity Rank: 1554
    Shea Mortgage Inc.
    Similarity Rank: 1610
    COMMUNITY FIRST CREDIT UNION OF FLO
    Similarity Rank: 1692
    Suncoast Credit Union
    Similarity Rank: 1794
    IVY MORTGAGE, INC.
    Similarity Rank: 1976

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,011 $151,205,000 $149,560 $2,706 4.79%
    HELOC 91 $5,185,000 $56,978 n/a 5.70%

    For 2019, Campus Usa's most frequently originated type of loan was Conventional, with 1,011 originations. Their 2nd most popular type was HELOC, with 91 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 573 $49,575,000 $86,518 $1,139 5.12%
    Home Purchase 445 $94,375,000 $212,079 $4,557 4.59%
    Refi 69 $10,785,000 $156,304 $2,078 4.31%
    Other 10 $870,000 $87,000 $308 6.10%
    Home Improvement 5 $785,000 $157,000 $2,236 5.00%

    For 2019, Campus Usa's most frequently cited loan purpose was Cash Out Refi, with 573 originations. The 2nd most popular reason was Home Purchase, with 445 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 363 $70,535,000 $194,311 $3,150 4.49%
    15 Year 248 $25,540,000 $102,984 $1,593 4.90%
    Other 155 $10,075,000 $65,000 $1,051 5.30%
    20 Year 148 $14,190,000 $95,878 $2,574 5.22%
    30+ year 100 $29,960,000 $299,600 $7,558 4.62%
    10 Year 45 $3,415,000 $75,889 $970 4.49%
    5 Year 43 $2,675,000 $62,209 $2,001 5.96%

    For 2019, Campus Usa's most frequently cited loan duration was 30 Year, with 363 originations. The 2nd most popular length was 15 Year, with 248 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 496 $90,700,000 $182,863
    $<1k 424 $25,190,000 $59,410
    $2k-3k 54 $18,870,000 $349,444
    $3k-4k 18 $6,100,000 $338,889
    $4k-5k 13 $5,905,000 $454,231
    $5k+ 6 $4,440,000 $740,000

    Campus Usa's average total fees were $3,150, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 496 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 442 $87,180,000 $197,240
    3-4% 262 $40,250,000 $153,626
    5-6% 218 $19,200,000 $88,073
    6-7% 169 $9,415,000 $55,710
    7-8% 9 $265,000 $29,444
    2.5-3% 1 $65,000 $65,000
    Over 8% 1 $15,000 $15,000

    During 2019, Campus Usa's average interest rate for loans was 4.49%, while their most frequently originated rate bucket for loans was 4-5%, with 442 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 529 $26,855,000 $50,766 $1,006 5.28%
    $100k-200k 307 $44,865,000 $146,140 $3,000 4.50%
    $200k-400k 220 $59,570,000 $270,773 $4,703 4.45%
    $400k-600k 36 $17,080,000 $474,444 $7,429 4.50%
    $600k-1MM 8 $5,770,000 $721,250 $8,240 4.25%
    $1MM+ 2 $2,250,000 $1,125,000 $19,182 4.97%

    2019 saw Campus Usa place emphasis on $100,000 or less loans with 529 originations, totaling $26,855,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 242 $38,080,000 $157,355 $2,892 5.02%
    $50k-75k 242 $26,860,000 $110,992 $2,340 4.80%
    $75k-100k 203 $26,865,000 $132,340 $2,750 4.87%
    $50k or less 177 $13,085,000 $73,927 $1,788 4.78%
    $150k-250k 146 $31,560,000 $216,164 $3,648 4.83%
    $250k+ 46 $14,300,000 $310,870 $4,656 5.10%

    Campus Usa lent most frequently to those with incomes in the $100k-150k range, with 242 originations. The second most popular income band? $50k-75k, with 242 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 310 $44,180,000 $142,516 $2,631 4.90%
    30-36% 205 $27,185,000 $132,610 $2,535 4.93%
    <20% 99 $9,585,000 $96,818 $1,958 4.65%
    37% 53 $7,615,000 $143,679 $2,757 4.90%
    40% 44 $6,360,000 $144,545 $2,156 5.16%
    39% 43 $6,585,000 $153,140 $2,938 5.10%
    38% 39 $5,845,000 $149,872 $2,982 4.55%
    36% 37 $5,065,000 $136,892 $2,553 5.19%
    43% 35 $6,935,000 $198,143 $4,300 4.86%
    41% 33 $3,835,000 $116,212 $1,583 5.27%
    42% 32 $3,990,000 $124,688 $2,699 5.13%
    44% 29 $4,465,000 $153,966 $2,960 4.88%
    50-60% 25 $5,295,000 $211,800 $3,889 4.74%
    46% 25 $4,645,000 $185,800 $4,207 4.68%
    48% 14 $3,020,000 $215,714 $4,764 4.51%
    45% 14 $2,170,000 $155,000 $3,512 4.50%
    49% 9 $1,695,000 $188,333 $4,422 4.38%
    47% 9 $1,575,000 $175,000 $3,293 4.54%
    >60% 4 $460,000 $115,000 $2,170 5.16%

    Campus Usa lent most frequently to those with DTI ratios of 20-30%, with 310 originations. The next most common DTI ratio? 30-36%, with 205 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,004 $141,950,000 $141,384 $2,702 4.85%
    Black 60 $7,970,000 $132,833 $2,587 5.16%
    Asian 21 $3,805,000 $181,190 $3,076 4.40%
    Not provided 4 $1,190,000 $297,500 $5,096 4.03%
    American Indian 5 $665,000 $133,000 $1,637 4.95%
    Not applicable 5 $615,000 $123,000 $1,996 5.50%
    Native Hawaiian or Islander 3 $195,000 $65,000 $3,162 5.42%

    Approval Rates

    Total approvals of all applications
    88.24%

    Campus Usa has an average approval rate.

    Pick Rate

    Approvals leading to origination
    78.04%

    Campus Usa has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,102 $156,390,000 $141,915

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 2 $270,000 $135,000
    Single Family (1-4 Units):Site-Built 1,100 $156,120,000 $141,927

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 155 $9,115,000 $58,806 $777 5.31%
    40-60% 134 $16,340,000 $121,940 $2,503 4.58%
    60-80% 311 $56,165,000 $180,595 $3,502 4.58%
    80-100% 280 $62,800,000 $224,286 $4,053 4.56%
    Over 100% 1 $205,000 $205,000 $3,707 3.88%
    Under 20% 178 $5,880,000 $33,034 $310 5.83%