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 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, Jacksonville, and Tallahassee among others. We have data for 32 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% 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

    1,332

    Origination Dollar Volume (All Markets)

    $216,620,000
    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) 620 $108,690,000 $175,306 $2,687 3.61%
    OCALA, FL (FHA|USDA|VA) 367 $47,735,000 $130,068 $2,021 3.69%
    Lake City, FL (FHA|USDA|VA) 80 $12,620,000 $157,750 $3,118 3.70%
    Outside of Metro Areas 57 $10,155,000 $178,158 $3,485 3.84%
    JACKSONVILLE, FL (FHA|USDA|VA) 27 $6,815,000 $252,407 $3,478 3.43%
    TALLAHASSEE, FL (FHA|USDA|VA) 41 $5,665,000 $138,171 $1,978 3.70%
    THE VILLAGES, FL (FHA|USDA|VA) 29 $4,085,000 $140,862 $1,679 3.64%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 18 $3,060,000 $170,000 $2,398 3.83%
    Palatka, FL (FHA|USDA|VA) 16 $2,590,000 $161,875 $3,918 3.73%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 17 $2,555,000 $150,294 $1,775 4.03%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 8 $2,360,000 $295,000 $4,037 3.70%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 15 $2,225,000 $148,333 $2,678 4.10%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 5 $1,505,000 $301,000 $4,522 3.48%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 6 $1,500,000 $250,000 $4,294 3.50%
    Thomasville, GA (FHA|USDA|VA) 2 $740,000 $370,000 $2,887 3.25%
    PUNTA GORDA, FL (FHA|USDA|VA) 2 $660,000 $330,000 $3,121 3.31%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $600,000 $150,000 $3,328 4.00%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $550,000 $275,000 $6,169 3.81%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $545,000 $545,000 $5,296 3.38%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $425,000 $425,000 $4,494 2.75%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $385,000 $385,000 $3,275 3.88%
    SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $280,000 $140,000 $2,165 3.25%
    VALDOSTA, GA (FHA|USDA|VA) 1 $165,000 $165,000 $3,025 3.38%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $140,000 $70,000 $786 4.19%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $125,000 $125,000 $4,811 2.88%
    DOTHAN, AL (FHA|USDA|VA) 1 $105,000 $105,000 $2,931 2.75%
    Milledgeville, GA (FHA|USDA|VA) 1 $95,000 $95,000 $2,049 4.13%
    Baraboo, WI (FHA|USDA|VA) 1 $85,000 $85,000 $952 3.00%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $45,000 $45,000 $522 3.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $45,000 $45,000 $157 5.50%
    DECATUR, IL (FHA|USDA|VA) 1 $35,000 $35,000 $1,793 3.88%
    BATON ROUGE, LA (FHA|USDA|VA) 1 $35,000 $35,000 $601 3.63%
    Campus Usa's top markets include Gainesville, Ocala, Lake City, Jacksonville, and Tallahassee among others.

    Their top states include:
  • Florida (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Alabama (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
    FIRST COMMERCE CREDIT UNION
    Similarity Rank: 483
    Envision Credit Union
    Similarity Rank: 561
    Citizens First Bank
    Similarity Rank: 808
    LOANFLIGHT LENDING, LLC
    Similarity Rank: 1040
    Shea Mortgage Inc.
    Similarity Rank: 1121
    GTE Federal Credit Union
    Similarity Rank: 1820
    MIDFLORIDA
    Similarity Rank: 1860
    SPACE COAST Credit Union
    Similarity Rank: 2079
    Seacoast National Bank
    Similarity Rank: 2548

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,216 $208,530,000 $171,488 $2,563 3.62%
    HELOC 116 $8,090,000 $69,741 n/a 4.11%

    For 2021, Campus Usa's most frequently originated type of loan was Conventional, with 1,216 originations. Their 2nd most popular type was HELOC, with 116 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 619 $77,645,000 $125,436 $1,433 3.81%
    Home Purchase 368 $90,010,000 $244,592 $5,091 3.60%
    Refi 238 $34,720,000 $145,882 $1,594 3.38%
    Other 89 $11,695,000 $131,404 $1,328 3.72%
    Home Improvement 18 $2,550,000 $141,667 $1,538 3.62%

    For 2021, Campus Usa's most frequently cited loan purpose was Cash Out Refi, with 619 originations. The 2nd most popular reason was Home Purchase, with 368 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 446 $96,500,000 $216,368 $2,903 3.47%
    15 Year 313 $36,555,000 $116,789 $1,422 3.67%
    20 Year 254 $31,970,000 $125,866 $2,199 3.67%
    Other 114 $14,340,000 $125,789 $2,049 4.51%
    10 Year 97 $9,415,000 $97,062 $1,129 3.05%
    30+ year 86 $26,450,000 $307,558 $7,972 3.83%
    5 Year 22 $1,390,000 $63,182 $2,051 5.18%

    For 2021, Campus Usa's most frequently cited loan duration was 30 Year, with 446 originations. The 2nd most popular length was 15 Year, with 313 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 691 $140,985,000 $204,030
    $<1k 431 $28,295,000 $65,650
    $2k-3k 44 $17,220,000 $391,364
    $3k-4k 36 $12,490,000 $346,944
    $5k+ 11 $7,985,000 $725,909
    $4k-5k 3 $1,555,000 $518,333

    Campus Usa's average total fees were $2,903, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 691 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 773 $152,845,000 $197,730
    2.5-3% 283 $43,835,000 $154,894
    4-5% 192 $14,860,000 $77,396
    5-6% 54 $2,250,000 $41,667
    6-7% 20 $1,070,000 $53,500
    <2.5% 10 $1,760,000 $176,000

    During 2021, Campus Usa's average interest rate for loans was 3.47%, while their most frequently originated rate bucket for loans was 3-4%, with 773 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 496 $27,040,000 $54,516 $910 4.11%
    $100k-200k 452 $65,020,000 $143,850 $2,174 3.40%
    $200k-400k 313 $84,285,000 $269,281 $4,257 3.39%
    $400k-600k 48 $23,100,000 $481,250 $6,078 3.42%
    $600k-1MM 19 $12,865,000 $677,105 $7,682 3.32%
    $1MM+ 4 $4,310,000 $1,077,500 $15,115 3.31%

    2021 saw Campus Usa place emphasis on $100,000 or less loans with 496 originations, totaling $27,040,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 293 $51,345,000 $175,239 $2,849 3.73%
    $50k-75k 284 $36,830,000 $129,683 $2,284 3.65%
    $75k-100k 249 $36,785,000 $147,731 $2,264 3.64%
    $50k or less 211 $19,805,000 $93,863 $1,638 3.59%
    $150k-250k 187 $42,485,000 $227,193 $3,380 3.68%
    $250k+ 76 $23,700,000 $311,842 $4,363 3.66%

    Campus Usa lent most frequently to those with incomes in the $100k-150k range, with 293 originations. The second most popular income band? $50k-75k, with 284 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 357 $56,155,000 $157,297 $2,185 3.49%
    30-36% 246 $38,340,000 $155,854 $2,341 3.78%
    <20% 151 $23,145,000 $153,278 $2,521 3.42%
    40% 51 $8,335,000 $163,431 $2,887 3.91%
    36% 48 $7,490,000 $156,042 $2,674 3.79%
    41% 48 $7,490,000 $156,042 $2,213 3.91%
    38% 47 $6,565,000 $139,681 $2,057 3.83%
    43% 45 $6,205,000 $137,889 $2,949 3.71%
    39% 45 $7,105,000 $157,889 $2,551 3.79%
    42% 40 $6,840,000 $171,000 $2,898 3.67%
    37% 40 $5,420,000 $135,500 $1,908 3.86%
    50-60% 38 $8,490,000 $223,421 $4,251 3.79%
    45% 36 $7,730,000 $214,722 $4,389 3.82%
    46% 35 $6,625,000 $189,286 $3,462 3.71%
    44% 30 $5,220,000 $174,000 $2,814 3.78%
    47% 18 $2,830,000 $157,222 $2,115 3.88%
    49% 17 $4,195,000 $246,765 $4,196 3.41%
    48% 13 $2,325,000 $178,846 $2,824 3.75%
    >60% 12 $3,480,000 $290,000 $3,450 3.72%

    Campus Usa lent most frequently to those with DTI ratios of 20-30%, with 357 originations. The next most common DTI ratio? 30-36%, with 246 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,131 $183,075,000 $161,870 $2,527 3.65%
    Not provided 76 $15,310,000 $201,447 $3,404 3.66%
    Black 73 $9,395,000 $128,699 $2,242 3.91%
    Asian 31 $5,765,000 $185,968 $2,941 3.50%
    Not applicable 6 $1,200,000 $200,000 $2,990 3.96%
    American Indian 10 $1,120,000 $112,000 $1,457 4.16%
    Native Hawaiian or Islander 3 $635,000 $211,667 $3,534 3.17%
    Other Asian 1 $65,000 $65,000 $734 3.25%
    Asian Indian 1 $55,000 $55,000 $1,147 3.25%

    Approval Rates

    Total approvals of all applications
    95.74%

    Campus Usa 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
    86.04%

    Campus Usa has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,332 $216,620,000 $162,628

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,332 $216,620,000 $162,628

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 174 $12,820,000 $73,678 $950 3.95%
    40-60% 206 $28,960,000 $140,583 $2,150 3.31%
    60-80% 505 $100,255,000 $198,525 $3,073 3.46%
    80-100% 242 $64,850,000 $267,975 $4,055 3.39%
    Under 20% 194 $7,880,000 $40,619 $299 4.66%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    COMPASS MORTGAGE, INC. Conventional home mortgage Closing on a mortgage 1 100.0%