Dsld Mortgage Rates, Fees & Info

DOVER, DE

LEI: 5493001F7QT2YW3K8D98

Tax ID: 26-2434560

5 stars - out of 5 stars, based on 50 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Dsld Mortgage is a smaller mortgage company specializing in Home Purchase loans. Dsld Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets include Baton Rouge, New Orleans, Lafayette, Daphne, and Huntsville among others. Dsld Mortgage has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Dsld Mortgage is typically a low fee lendor.


Originations

2,535

Origination Dollar Volume (All Markets)

$570,985,000
Show all (62) awards

Relative Rate

Dsld Mortgage 's average 30 year fixed rate mortgage of loans were 2.86%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.29%.

Relative Fees

Dsld Mortgage 's average total fees for a 30 year fixed rate mortgage are $2,638.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
BATON ROUGE, LA (FHA|USDA|VA) 703 $157,005,000 $223,336 $2,395 2.89%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 338 $78,000,000 $230,769 $2,394 2.85%
LAFAYETTE, LA (FHA|USDA|VA) 311 $66,355,000 $213,360 $2,104 2.87%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 186 $43,370,000 $233,172 $2,787 2.86%
HUNTSVILLE, AL (FHA|USDA|VA) 152 $39,730,000 $261,382 $3,176 2.80%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 143 $33,145,000 $231,783 $3,277 2.73%
HAMMOND, LA (FHA|USDA|VA) 160 $32,110,000 $200,688 $2,413 2.81%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 134 $29,690,000 $221,567 $2,210 2.89%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 127 $29,645,000 $233,425 $4,057 2.78%
LAKE CHARLES, LA (FHA|USDA|VA) 140 $29,510,000 $210,786 $2,076 2.89%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 58 $14,120,000 $243,448 $4,480 2.76%
Outside of Metro Areas 63 $13,005,000 $206,429 $2,484 2.92%
MONROE, LA (FHA|USDA|VA) 14 $3,360,000 $240,000 $3,220 2.78%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $640,000 $320,000 $10,634 2.98%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $495,000 $495,000 $4,654 3.13%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $395,000 $395,000 $4,583 2.55%
Laurel, MS (FHA|USDA|VA) 1 $205,000 $205,000 $500 2.75%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $205,000 $205,000 $4,373 3.00%

Dsld Mortgage 's top markets include Baton Rouge, New Orleans, Lafayette, Daphne, and Huntsville among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 1,126 $239,090,000 $212,336 $886 3.05%
FHA 696 $164,940,000 $236,983 $4,629 2.71%
USDA 448 $98,540,000 $219,955 $2,610 2.69%
VA 265 $68,415,000 $258,170 $4,573 2.64%

For the 2021 period, Dsld Mortgage 's most frequently originated loan type of loans were Conventional, with 1,126 originations. Their 2nd most popular type is FHA, with 696 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 2,535 $570,985,000 $225,241 $2,604 2.85%

For the 2021, Dsld Mortgage 's most frequently cited loan purpose of loans were Home Purchase, with 2,535 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 2,450 $556,960,000 $227,331 $2,638 2.86%
15 Year 62 $9,890,000 $159,516 $1,537 2.55%
20 Year 16 $3,060,000 $191,250 $1,871 2.92%
10 Year 4 $410,000 $102,500 $557 3.09%
Other 3 $665,000 $221,667 $3,610 2.87%

For the 2021, Dsld Mortgage 's most frequently cited loan length of loans were 30 Year, with 2,450 originations. The 2nd most popular length of loans were 15 Year, with 62 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 2,366 $532,470,000 $225,051
$1k-2k 126 $28,180,000 $223,651
$2k-3k 26 $6,350,000 $244,231
$3k-4k 13 $2,915,000 $224,231
$5k+ 4 $1,070,000 $267,500

$2,638 of loans were Dsld Mortgage 's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 2,366 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 1,286 $289,610,000 $225,202
3-4% 731 $164,875,000 $225,547
<2.5% 502 $113,300,000 $225,697
4-5% 16 $3,200,000 $200,000

During 2021, Dsld Mortgage 's average interest rate of loans were 2.86%, while their most frequently originated rate bucket of loans were 2.5-3%, with 1,286 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 1,856 $456,180,000 $245,787 $2,993 2.84%
$100k-200k 625 $106,735,000 $170,776 $1,540 2.88%
$100,000 or less 43 $3,195,000 $74,302 $560 2.91%
$400k-600k 11 $4,875,000 $443,182 $5,530 2.94%

2021 saw Dsld Mortgage place emphasis on $200k-400k loans with 1,856 originations, totaling $456,180,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 851 $191,505,000 $225,035 $2,828 2.81%
$50k or less 696 $143,170,000 $205,704 $2,280 2.81%
$75k-100k 511 $121,135,000 $237,055 $2,744 2.88%
$100k-150k 336 $83,210,000 $247,649 $2,753 2.88%
$150k-250k 93 $21,755,000 $233,925 $2,178 3.11%
$250k+ 17 $3,565,000 $209,706 $968 3.36%

Dsld Mortgage lent most frequently to those with incomes in the $50k-75k range, with 851 originations. The second most popular income band? $50k or less, with 696 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
30-36% 496 $112,190,000 $226,190 $2,360 2.87%
20-30% 469 $102,675,000 $218,923 $2,038 2.86%
50-60% 222 $52,780,000 $237,748 $4,540 2.68%
<20% 138 $25,980,000 $188,261 $1,234 2.87%
41% 118 $28,060,000 $237,797 $2,862 2.83%
43% 103 $23,445,000 $227,621 $2,654 2.91%
39% 103 $23,485,000 $228,010 $2,720 2.87%
42% 101 $23,225,000 $229,950 $2,805 2.87%
40% 101 $22,155,000 $219,356 $2,442 2.88%
38% 100 $22,970,000 $229,700 $2,504 2.92%
36% 99 $23,355,000 $235,909 $2,543 2.89%
37% 90 $21,070,000 $234,111 $2,349 2.87%
45% 80 $17,540,000 $219,250 $2,707 2.89%
44% 75 $17,085,000 $227,800 $2,644 2.88%
46% 73 $17,005,000 $232,945 $3,493 2.84%
48% 62 $13,650,000 $220,161 $3,005 2.80%
49% 52 $12,570,000 $241,731 $3,141 2.92%
47% 46 $10,170,000 $221,087 $2,813 2.82%
>60% 4 $920,000 $230,000 $1,615 2.78%

Dsld Mortgage lent most frequently to those with DTI ratios of 30-36%, with 496 originations. The next most common DTI ratio? 20-30%, with 469 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 1,691 $373,575,000 $220,920 $2,412 2.86%
Black 601 $141,825,000 $235,982 $3,195 2.80%
Not provided 127 $29,895,000 $235,394 $2,793 2.89%
Asian 70 $14,820,000 $211,714 $2,078 2.90%
American Indian 28 $6,570,000 $234,643 $2,753 2.87%
Asian Indian 10 $2,360,000 $236,000 $1,546 2.98%
Other Asian 5 $1,285,000 $257,000 $423 3.14%
Native Hawaiian 2 $400,000 $200,000 $962 3.31%
1 $255,000 $255,000 $4,632 2.63%

Approval Rates

Total approvals of all applications
93.33%

Dsld Mortgage has an average approval rate.

Pick Rate

Approvals leading to origination
77.91%

Dsld Mortgage has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 2,535 $570,985,000 $225,241

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
2,535 $570,985,000 $225,241

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 40 $3,230,000 $80,750 $605 2.88%
40-60% 90 $12,090,000 $134,333 $1,057 2.84%
60-80% 298 $57,600,000 $193,289 $1,109 3.06%
80-100% 2,004 $471,740,000 $235,399 $2,699 2.83%
Over 100% 100 $26,170,000 $261,700 $7,438 2.66%
Under 20% 3 $155,000 $51,667 $0 2.88%