Dsld Mortgage Rates, Fees & Info

DOVER, DE

LEI: 5493001F7QT2YW3K8D98

Tax ID: 26-2434560

5 stars - Updated: 11/30/23 - out of 5 stars, based on 41 reviews

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • 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

    Dsld Mortgage is a smaller mortgage company specializing in Home Purchase loans. Dsld Mortgage has a high proportion of conventional loans. They have a a high proportion of FHA loans. Their top markets by origination volume include: Baton Rouge, Lafayette, New Orleans, Huntsville, and Hammond among others. We have data for 19 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Dsld Mortgage 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. Dsld Mortgage 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
    30 Year Conventional Purchase 6.69% 11/30/23
    30 Year FHA Purchase 7.29% 11/30/23
    30 Year VA Purchase 6.41% 11/30/23
    30 Year USDA Purchase 6.65% 11/30/23
    15 Year Conventional Purchase 6.13% 11/30/23
    15 Year FHA Purchase 6.81% 11/30/23
    15 Year VA Purchase 5.68% 11/30/23
    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.

    Dsld Mortgage Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Dsld Mortgage. 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

    1,695

    Origination Dollar Volume (All Markets)

    $422,385,000
    Show all (62) awards

    Relative Rate

    Dsld Mortgage's average 30 year fixed mortgage rate was 4.81%.

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

    This yields a difference of 0.05%.

    Relative Fees (Closing Costs)

    Dsld Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $4,369.

    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
    BATON ROUGE, LA (FHA|USDA|VA) 564 $139,770,000 $247,819 $4,432 4.90%
    LAFAYETTE, LA (FHA|USDA|VA) 194 $45,070,000 $232,320 $3,560 4.69%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 165 $42,345,000 $256,636 $4,140 4.66%
    HUNTSVILLE, AL (FHA|USDA|VA) 121 $33,255,000 $274,835 $3,464 4.70%
    HAMMOND, LA (FHA|USDA|VA) 130 $29,930,000 $230,231 $5,034 4.78%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 112 $25,880,000 $231,071 $3,082 4.53%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) 104 $24,360,000 $234,231 $4,296 4.89%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 86 $22,460,000 $261,163 $5,849 4.77%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 61 $16,845,000 $276,148 $5,242 4.95%
    LAKE CHARLES, LA (FHA|USDA|VA) 73 $16,535,000 $226,507 $3,581 4.74%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 43 $13,335,000 $310,116 $5,327 4.72%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 14 $5,440,000 $388,571 $6,818 4.99%
    MONROE, LA (FHA|USDA|VA) 19 $4,835,000 $254,474 $5,319 4.80%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 4 $950,000 $237,500 $4,000 6.50%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $345,000 $345,000 $4,222 3.63%
    DECATUR, AL (FHA|USDA|VA) 1 $295,000 $295,000 $8,572 3.75%
    Outside of Metro Areas 1 $265,000 $265,000 $5,355 7.13%
    Opelousas, LA (FHA|USDA|VA) 1 $235,000 $235,000 $5,514 5.13%
    MOBILE, AL (FHA|USDA|VA) 1 $235,000 $235,000 $7,539 4.88%
    Dsld Mortgage's top markets include Baton Rouge, Lafayette, New Orleans, Huntsville, and Hammond among others.

    Their top states include:
  • Louisiana (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against DSLD MORTGAGE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Bossier Federal Credit Union
    Similarity Rank: 34
    Bank of Abbeville & Trust Company
    Similarity Rank: 115
    HARVESTERS FEDERAL CREDIT UNION
    Similarity Rank: 140
    Abbeville Building & Loan (A State-Chartered Savings Bank)
    Similarity Rank: 154
    PIERREMONT MORTGAGE, INC.
    Similarity Rank: 176
    Eglin Federal Credit Union
    Similarity Rank: 222
    MORTGAGE ONE OF THE SOUTH, INC.
    Similarity Rank: 228
    Gulf Winds Credit Union
    Similarity Rank: 324
    Eureka Homestead
    Similarity Rank: 340
    The Evangeline Bank & Trust Company
    Similarity Rank: 465

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 801 $186,575,000 $232,928 $2,151 4.88%
    FHA 555 $143,625,000 $258,784 $6,528 4.79%
    VA 193 $55,725,000 $288,731 $6,692 4.74%
    USDA 146 $36,460,000 $249,726 $4,482 4.35%

    For 2022, Dsld Mortgage's most frequently originated type of loan was Conventional, with 801 originations. Their 2nd most popular type was FHA, with 555 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,695 $422,385,000 $249,195 $4,305 4.79%

    For 2022, Dsld Mortgage's most frequently cited loan purpose was Home Purchase, with 1,695 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,649 $414,245,000 $251,210 $4,369 4.81%
    15 Year 32 $5,520,000 $172,500 $1,699 4.08%
    20 Year 8 $1,880,000 $235,000 $2,961 3.73%
    10 Year 6 $740,000 $123,333 $2,320 3.92%

    For 2022, Dsld Mortgage's most frequently cited loan duration was 30 Year, with 1,649 originations. The 2nd most popular length was 15 Year, with 32 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,044 $254,660,000 $243,927
    $1k-2k 309 $75,935,000 $245,744
    $2k-3k 191 $50,015,000 $261,859
    $3k-4k 87 $23,095,000 $265,460
    $4k-5k 41 $11,425,000 $278,659
    $5k+ 23 $7,255,000 $315,435

    Dsld Mortgage's average total fees were $4,369, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,044 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 560 $140,820,000 $251,464
    3-4% 488 $120,070,000 $246,045
    4-5% 292 $70,810,000 $242,500
    6-7% 202 $52,520,000 $260,000
    2.5-3% 102 $24,890,000 $244,020
    7-8% 48 $12,640,000 $263,333
    <2.5% 3 $635,000 $211,667

    During 2022, Dsld Mortgage's average interest rate for loans was 4.81%, while their most frequently originated rate bucket for loans was 5-6%, with 560 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,456 $379,640,000 $260,742 $4,611 4.82%
    $100k-200k 193 $32,305,000 $167,383 $2,005 4.62%
    $100,000 or less 28 $1,990,000 $71,071 $1,123 4.65%
    $400k-600k 18 $8,450,000 $469,444 $8,815 4.46%

    2022 saw Dsld Mortgage place emphasis on $200k-400k loans with 1,456 originations, totaling $379,640,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 582 $138,510,000 $237,990 $4,273 4.70%
    $75k-100k 446 $115,890,000 $259,843 $4,555 4.90%
    $100k-150k 332 $91,730,000 $276,295 $4,551 5.06%
    $50k or less 184 $35,550,000 $193,207 $3,161 4.25%
    $150k-250k 74 $21,740,000 $293,784 $5,414 5.16%
    $250k+ 19 $4,415,000 $232,368 $2,577 5.11%

    Dsld Mortgage lent most frequently to those with incomes in the $50k-75k range, with 582 originations. The second most popular income band? $75k-100k, with 446 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 310 $76,250,000 $245,968 $3,565 4.63%
    50-60% 251 $65,835,000 $262,291 $6,689 4.96%
    20-30% 211 $50,395,000 $238,839 $3,290 4.64%
    41% 77 $19,835,000 $257,597 $3,994 4.95%
    43% 77 $19,605,000 $254,610 $4,111 4.78%
    44% 68 $16,840,000 $247,647 $3,665 5.06%
    46% 67 $16,825,000 $251,119 $5,436 5.02%
    39% 65 $15,885,000 $244,385 $3,764 4.42%
    37% 65 $16,445,000 $253,000 $3,976 4.67%
    45% 63 $15,635,000 $248,175 $4,582 4.78%
    40% 62 $15,330,000 $247,258 $4,006 4.73%
    49% 61 $15,145,000 $248,279 $4,349 5.04%
    42% 60 $15,520,000 $258,667 $4,599 5.03%
    36% 57 $14,215,000 $249,386 $3,520 4.78%
    38% 54 $14,400,000 $266,667 $4,650 4.94%
    48% 51 $12,525,000 $245,588 $4,920 4.74%
    47% 49 $11,765,000 $240,102 $4,151 5.04%
    <20% 47 $9,935,000 $211,383 $1,934 4.50%

    Dsld Mortgage lent most frequently to those with DTI ratios of 30-36%, with 310 originations. The next most common DTI ratio? 50-60%, with 251 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,013 $248,545,000 $245,355 $3,915 4.78%
    Black 492 $126,680,000 $257,480 $5,266 4.81%
    Not provided 105 $26,245,000 $249,952 $4,527 4.76%
    Asian 63 $15,635,000 $248,175 $2,964 4.78%
    American Indian 13 $3,205,000 $246,538 $4,018 5.55%
    Asian Indian 3 $695,000 $231,667 $3,503 3.79%
    Native Hawaiian or Islander 2 $600,000 $300,000 $1,194 3.75%
    Vietnamese 2 $450,000 $225,000 $1,315 3.81%
    Other Asian 1 $195,000 $195,000 $5,465 6.50%
    1 $135,000 $135,000 $2,820 5.50%

    Approval Rates

    Total approvals of all applications
    91.35%

    Dsld Mortgage has an average approval rate.

    Pick Rate

    Approvals leading to origination
    56.40%

    Dsld Mortgage has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,695 $422,385,000 $249,195

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,695 $422,385,000 $249,195

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 39 $3,495,000 $89,615 $1,271 4.77%
    40-60% 52 $7,720,000 $148,462 $1,477 4.58%
    60-80% 199 $43,965,000 $220,930 $2,568 5.02%
    80-100% 1,335 $347,305,000 $260,154 $4,457 4.77%
    Over 100% 67 $19,715,000 $294,254 $10,487 4.78%
    Under 20% 3 $185,000 $61,667 $700 4.29%