The Campbell & Fetter Bank Mortgage Rates, Fees & Info
Kendallville, INLEI: 549300M20N1NQO7LMK11
Tax ID: 35-0843168
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Mortgage Data
Review & Overview
The Campbell & Fetter Bank is a smaller bank specializing in Home Purchase loans. The Campbell & Fetter Bank has a high proportion of conventional loans. The Campbell & Fetter Bank has a low ratio of conventional loans. Their top markets by origination volume include: Elkhart, Kendallville, South Bend, Angola, and Auburn among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)The Campbell & Fetter Bank 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. The Campbell & Fetter Bank 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 5.88% | 4/5/25 |
| 15 Year Conventional Purchase | 6.00% | 4/5/25 |
| 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. | ||
The Campbell & Fetter Bank Mortgage Calculator
Your Estimates
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This is not an official calculator from The Campbell & Fetter Bank. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
180Origination Dollar Volume (All Markets)
$46,550,000Relative Rate
The Campbell & Fetter Bank's average 30 year fixed mortgage rate was
5%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of -1.55%.
Relative Fees (Closing Costs)
The Campbell & Fetter Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $2,197.
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 $8,356.
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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 40 | $12,290,000 | $307,250 | $2,197 | 5.00% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 41 | $9,925,000 | $242,073 | $0 | 0.00% |
| Kendallville, IN (FHA|USDA|VA) | 39 | $6,475,000 | $166,026 | $0 | 0.00% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 14 | $5,010,000 | $357,857 | $1,927 | 8.00% |
| Angola, IN (FHA|USDA|VA) | 11 | $3,745,000 | $340,455 | $0 | 0.00% |
| Auburn, IN (FHA|USDA|VA) | 10 | $2,210,000 | $221,000 | $0 | 0.00% |
| Sturgis, MI (FHA|USDA|VA) | 4 | $1,450,000 | $362,500 | $0 | 0.00% |
| FORT WAYNE, IN (FHA|USDA|VA) | 7 | $1,425,000 | $203,571 | $0 | 0.00% |
| Warsaw, IN (FHA|USDA|VA) | 5 | $1,175,000 | $235,000 | $0 | 0.00% |
| Plymouth, IN (FHA|USDA|VA) | 5 | $1,015,000 | $203,000 | $0 | 0.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| Decatur, IN (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 0.00% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 178 | $46,140,000 | $259,213 | $0 | 0.00% |
| Conventional | 2 | $410,000 | $205,000 | $2,062 | 6.50% |
For 2024, The Campbell & Fetter Bank's most frequently originated type of loan was Conventional, with 178 originations. Their 2nd most popular type was Conventional, with 2 originations.
Loan Reason
For 2024, The Campbell & Fetter Bank's most frequently cited loan purpose was Home Purchase, with 123 originations. The 2nd most popular reason was Other, with 18 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 178 | $46,140,000 | $259,213 | $0 | 0.00% |
| 30 Year | 1 | $255,000 | $255,000 | $2,197 | 5.00% |
| 5 Year | 1 | $155,000 | $155,000 | $1,927 | 8.00% |
For 2024, The Campbell & Fetter Bank's most frequently cited loan duration was Other, with 178 originations. The 2nd most popular length was 30 Year, with 1 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 1 | $155,000 | $155,000 |
| $1k-2k | 1 | $255,000 | $255,000 |
The Campbell & Fetter Bank's average total fees were $2,197, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 1 | $255,000 | $255,000 |
| 7-8% | 1 | $155,000 | $155,000 |
During 2024, The Campbell & Fetter Bank's average interest rate for loans was 5.00%, while their most frequently originated rate bucket for loans was 4-5%, with 1 originations.
Loan Sizing
2024 saw The Campbell & Fetter Bank place emphasis on $200k-400k loans with 71 originations, totaling $21,385,000 in origination value.
Applicant Income
The Campbell & Fetter Bank lent most frequently to those with incomes in the $100k-150k range, with 42 originations. The second most popular income band? $75k-100k, with 40 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 178 | $46,140,000 | $259,213 | $0 | 0.00% |
| 20-30% | 1 | $155,000 | $155,000 | $1,927 | 8.00% |
| 36% | 1 | $255,000 | $255,000 | $2,197 | 5.00% |
The Campbell & Fetter Bank lent most frequently to those with DTI ratios of Exempt%, with 178 originations. The next most common DTI ratio? 20-30%, with 1 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.15%
The Campbell & Fetter Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination88.89%
The Campbell & Fetter Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 178 | $46,140,000 | $259,213 |
| NA | 2 | $410,000 | $205,000 |