Dsld Mortgage Rates, Fees & Info

DOVER, DE

LEI: 5493001F7QT2YW3K8D98

Tax ID: 26-2434560

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

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

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Mortgage Data

  • SimulatedRates™
  • 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 loans. Dsld Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Baton Rouge, New Orleans, Lafayette, Daphne, and Huntsville among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Dsld Mortgage 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. 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 6.48% 1/29/23
    30 Year FHA Purchase 6.99% 1/29/23
    30 Year VA Purchase 6.08% 1/29/23
    30 Year USDA Purchase 6.44% 1/29/23
    15 Year Conventional Purchase 5.90% 1/29/23
    15 Year FHA Purchase 6.87% 1/29/23
    15 Year VA Purchase 6.09% 1/29/23
    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.


    Originations

    2,535

    Origination Dollar Volume (All Markets)

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

    Relative Rate

    Dsld Mortgage's average 30 year fixed mortgage rate was 2.86%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.29%.

    Relative Fees (Closing Costs)

    Dsld Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $2,638.

    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) 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.

    Their top states include:
  • Louisiana (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)
  • Florida (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: 68
    Bank of Abbeville & Trust Company
    Similarity Rank: 161
    Eureka Homestead
    Similarity Rank: 204
    HARVESTERS FEDERAL CREDIT UNION
    Similarity Rank: 210
    PIERREMONT MORTGAGE, INC.
    Similarity Rank: 220
    MORTGAGE ONE OF THE SOUTH, INC.
    Similarity Rank: 228
    Abbeville Building & Loan (A State-Chartered Savings Bank)
    Similarity Rank: 264
    Eglin Federal Credit Union
    Similarity Rank: 296
    Gulf Winds Credit Union
    Similarity Rank: 324
    Pen Air Federal Credit Union
    Similarity Rank: 376

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, Dsld Mortgage's most frequently originated type of loan was Conventional, with 1,126 originations. Their 2nd most popular type was FHA, with 696 originations.

    Loan Reason

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

    For 2021, Dsld Mortgage's most frequently cited loan purpose was 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 2021, Dsld Mortgage's most frequently cited loan duration was 30 Year, with 2,450 originations. The 2nd most popular length was 15 Year, with 62 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost 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 10 $2,100,000 $210,000
    $5k+ 4 $1,070,000 $267,500
    $4k-5k 3 $815,000 $271,667

    Dsld Mortgage's average total fees were $2,638, while their most frequently occuring range of origination fees (closing costs) 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 for loans was 2.86%, while their most frequently originated rate bucket for loans was 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 or Islander 2 $400,000 $200,000 $962 3.31%
    1 $255,000 $255,000 $4,632 2.63%

    Approval Rates

    Total approvals of all applications
    87.99%

    Dsld Mortgage has an average approval rate.

    Pick Rate

    Approvals leading to origination
    76.96%

    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%