Dsld Mortgage Rates, Fees & Info

DOVER, DE

LEI: 5493001F7QT2YW3K8D98

Tax ID: 26-2434560

5 stars - Updated: 4/18/24 - out of 5 stars, based on 46 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

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 an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Baton Rouge, Lafayette, Huntsville, New Orleans, and Hammond 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 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 relatively high 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% 4/18/24
30 Year FHA Purchase 7.29% 4/18/24
30 Year VA Purchase 6.41% 4/18/24
30 Year USDA Purchase 6.65% 4/18/24
15 Year Conventional Purchase 6.13% 4/18/24
15 Year FHA Purchase 6.81% 4/18/24
15 Year VA Purchase 5.68% 4/18/24
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.

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

2,078

Origination Dollar Volume (All Markets)

$528,370,000
Show all (72) awards

Relative Rate

Dsld Mortgage's average 30 year fixed mortgage rate was 6.2%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of -0.28%.

Relative Fees (Closing Costs)

Dsld Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $3,288.

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 $9,089.

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) 475 $121,545,000 $255,884 $3,311 6.27%
LAFAYETTE, LA (FHA|USDA|VA) 318 $72,360,000 $227,547 $2,653 6.18%
HUNTSVILLE, AL (FHA|USDA|VA) 155 $43,525,000 $280,806 $2,952 5.95%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 161 $41,645,000 $258,665 $3,682 6.52%
HAMMOND, LA (FHA|USDA|VA) 173 $38,345,000 $221,647 $2,844 6.48%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 137 $35,355,000 $258,066 $4,099 6.24%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 131 $33,375,000 $254,771 $3,132 6.12%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 128 $31,550,000 $246,484 $3,226 6.20%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 85 $27,885,000 $328,059 $4,523 5.93%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 89 $23,985,000 $269,494 $2,648 6.07%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 56 $20,090,000 $358,750 $5,169 6.22%
LAKE CHARLES, LA (FHA|USDA|VA) 91 $19,795,000 $217,527 $2,654 5.75%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 39 $9,145,000 $234,487 $3,446 6.07%
MONROE, LA (FHA|USDA|VA) 36 $8,920,000 $247,778 $3,924 6.29%
Opelousas, LA (FHA|USDA|VA) 1 $365,000 $365,000 $6,311 7.13%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $235,000 $235,000 $13,302 5.88%
Morgan City, LA (FHA|USDA|VA) 1 $145,000 $145,000 $520 6.38%
Bogalusa, LA (FHA|USDA|VA) 1 $105,000 $105,000 $2,553 6.38%
Dsld Mortgage's top markets include Baton Rouge, Lafayette, Huntsville, New Orleans, 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.

    MORTGAGE ONE OF THE SOUTH, INC.
    Similarity Rank: 42
    MERITUS Federal Credit Union
    Similarity Rank: 45
    Gulf Winds Credit Union
    Similarity Rank: 80
    JEFFERSON FINANCIAL
    Similarity Rank: 80
    GREATER NEW ORLEANS
    Similarity Rank: 100
    PIERREMONT MORTGAGE, INC.
    Similarity Rank: 132
    Jeff Davis Bancshares
    Similarity Rank: 198
    Eureka Homestead
    Similarity Rank: 228
    KEESLER
    Similarity Rank: 231
    Home Federal Bank
    Similarity Rank: 340

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,111 $261,245,000 $235,144 $1,357 6.22%
    FHA 581 $153,915,000 $264,914 $5,716 6.28%
    VA 298 $91,630,000 $307,483 $5,483 6.04%
    USDA 88 $21,580,000 $245,227 $3,744 6.07%

    For 2023, Dsld Mortgage's most frequently originated type of loan was Conventional, with 1,111 originations. Their 2nd most popular type was FHA, with 581 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,078 $528,370,000 $254,269 $3,269 6.20%

    For 2023, Dsld Mortgage's most frequently cited loan purpose was Home Purchase, with 2,078 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,054 $524,120,000 $255,170 $3,288 6.20%
    15 Year 16 $3,020,000 $188,750 $2,131 6.15%
    10 Year 4 $450,000 $112,500 $907 5.81%
    20 Year 4 $780,000 $195,000 $694 6.41%

    For 2023, Dsld Mortgage's most frequently cited loan duration was 30 Year, with 2,054 originations. The 2nd most popular length was 15 Year, with 16 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,878 $473,690,000 $252,231
    $1k-2k 120 $31,610,000 $263,417
    $2k-3k 30 $8,130,000 $271,000
    $3k-4k 25 $7,135,000 $285,400
    $5k+ 14 $4,730,000 $337,857
    $4k-5k 11 $3,075,000 $279,545

    Dsld Mortgage's average total fees were $3,288, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,878 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 1,272 $328,720,000 $258,428
    6-7% 511 $126,995,000 $248,523
    7-8% 251 $62,295,000 $248,187
    4-5% 35 $7,975,000 $227,857
    Over 8% 9 $2,385,000 $265,000

    During 2023, Dsld Mortgage's average interest rate for loans was 6.20%, while their most frequently originated rate bucket for loans was 5-6%, with 1,272 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,714 $456,600,000 $266,394 $3,495 6.20%
    $100k-200k 265 $43,675,000 $164,811 $1,423 6.24%
    $400k-600k 52 $23,520,000 $452,308 $6,791 6.07%
    $100,000 or less 45 $3,265,000 $72,556 $797 6.08%
    $600k-1MM 2 $1,310,000 $655,000 $18,914 5.87%

    2023 saw Dsld Mortgage place emphasis on $200k-400k loans with 1,714 originations, totaling $456,600,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 589 $154,235,000 $261,859 $3,442 6.22%
    $50k-75k 565 $129,685,000 $229,531 $3,022 6.16%
    $100k-150k 542 $150,690,000 $278,026 $3,544 6.22%
    $150k-250k 177 $52,455,000 $296,356 $3,960 6.35%
    $50k or less 121 $20,635,000 $170,537 $1,624 6.04%
    $250k+ 28 $6,470,000 $231,071 $1,452 6.42%

    Dsld Mortgage lent most frequently to those with incomes in the $75k-100k range, with 589 originations. The second most popular income band? $50k-75k, with 565 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 330 $83,090,000 $251,788 $2,868 6.18%
    20-30% 285 $67,345,000 $236,298 $1,980 6.19%
    50-60% 147 $39,985,000 $272,007 $5,784 6.59%
    49% 144 $38,970,000 $270,625 $3,622 6.10%
    48% 111 $28,715,000 $258,694 $3,851 6.13%
    46% 105 $28,395,000 $270,429 $3,987 6.22%
    45% 94 $23,770,000 $252,872 $3,219 6.13%
    47% 89 $24,155,000 $271,404 $4,342 6.18%
    44% 87 $22,615,000 $259,943 $3,170 6.16%
    39% 87 $21,625,000 $248,563 $2,856 6.20%
    42% 85 $21,685,000 $255,118 $3,043 6.14%
    41% 80 $20,900,000 $261,250 $3,652 6.20%
    36% 77 $19,855,000 $257,857 $2,765 6.19%
    40% 76 $20,020,000 $263,421 $3,175 6.27%
    43% 75 $20,525,000 $273,667 $4,057 6.17%
    37% 69 $17,215,000 $249,493 $3,318 6.24%
    <20% 67 $12,275,000 $183,209 $1,486 6.05%
    38% 67 $16,425,000 $245,149 $3,072 6.21%
    >60% 3 $805,000 $268,333 $2,510 6.16%

    Dsld Mortgage lent most frequently to those with DTI ratios of 30-36%, with 330 originations. The next most common DTI ratio? 20-30%, with 285 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,311 $325,705,000 $248,440 $2,940 6.17%
    Black 424 $111,230,000 $262,335 $4,187 6.26%
    Not provided 196 $54,120,000 $276,122 $3,822 6.24%
    Asian 117 $29,215,000 $249,701 $2,601 6.28%
    American Indian 23 $6,425,000 $279,348 $4,170 6.21%
    Asian Indian 3 $865,000 $288,333 $2,156 6.32%
    Other Asian 3 $705,000 $235,000 $1,981 6.21%
    Korean 1 $105,000 $105,000 $1,004 6.38%

    Approval Rates

    Total approvals of all applications
    91.52%

    Dsld Mortgage has an average approval rate.

    Pick Rate

    Approvals leading to origination
    71.94%

    Dsld Mortgage has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,078 $528,370,000 $254,269

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,078 $528,370,000 $254,269

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 68 $6,590,000 $96,912 $925 6.14%
    40-60% 88 $14,330,000 $162,841 $1,249 6.10%
    60-80% 297 $68,605,000 $230,993 $1,672 6.27%
    80-100% 1,513 $406,005,000 $268,344 $3,388 6.21%
    Over 100% 103 $32,285,000 $313,447 $9,615 6.04%
    Under 20% 9 $555,000 $61,667 $891 6.32%