Dsld Mortgage Rates, Fees & Info

DOVER, DE

LEI: 5493001F7QT2YW3K8D98

Tax ID: 26-2434560

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • 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 an average proportion of FHA loans. Their top markets by origination volume include: Baton Rouge, New Orleans, Lafayette, Gulfport, and Hammond among others. We have data for 20 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 an above 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% 4/21/24
    30 Year FHA Purchase 7.29% 4/21/24
    30 Year VA Purchase 6.41% 4/21/24
    30 Year USDA Purchase 6.65% 4/21/24
    15 Year Conventional Purchase 6.13% 4/21/24
    15 Year FHA Purchase 6.81% 4/21/24
    15 Year VA Purchase 5.68% 4/21/24
    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

    2,489

    Origination Dollar Volume (All Markets)

    $531,545,000
    Show all (64) awards

    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) 661 $143,125,000 $216,528 $2,296 2.90%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 340 $76,020,000 $223,588 $2,752 2.95%
    LAFAYETTE, LA (FHA|USDA|VA) 282 $55,160,000 $195,603 $2,050 2.94%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 198 $42,700,000 $215,657 $2,872 2.82%
    HAMMOND, LA (FHA|USDA|VA) 216 $40,960,000 $189,630 $2,138 2.90%
    HUNTSVILLE, AL (FHA|USDA|VA) 153 $35,115,000 $229,510 $2,456 3.12%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 150 $32,520,000 $216,800 $2,904 2.93%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) 139 $30,125,000 $216,727 $2,530 3.05%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 126 $26,540,000 $210,635 $3,475 2.96%
    LAKE CHARLES, LA (FHA|USDA|VA) 121 $25,095,000 $207,397 $2,078 3.02%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 70 $17,170,000 $245,286 $4,517 2.90%
    MONROE, LA (FHA|USDA|VA) 20 $4,160,000 $208,000 $2,317 2.65%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $670,000 $335,000 $2,478 3.31%
    Outside of Metro Areas 2 $460,000 $230,000 $6,304 3.19%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $400,000 $200,000 $4,922 3.69%
    MOBILE, AL (FHA|USDA|VA) 2 $360,000 $180,000 $2,695 2.56%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $275,000 $275,000 $2,504 2.63%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $255,000 $255,000 $11,216 3.13%
    Albertville, AL (FHA|USDA|VA) 2 $250,000 $125,000 $1,157 3.06%
    DECATUR, AL (FHA|USDA|VA) 1 $185,000 $185,000 $5,864 2.75%
    Dsld Mortgage's top markets include Baton Rouge, New Orleans, Lafayette, Gulfport, and Hammond 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.

    Eglin Federal Credit Union
    Similarity Rank: 60
    PIERREMONT MORTGAGE, INC.
    Similarity Rank: 76
    Jefferson Parish Employees FCU
    Similarity Rank: 77
    Bossier Federal Credit Union
    Similarity Rank: 78
    Eureka Homestead
    Similarity Rank: 112
    Bank of Abbeville & Trust Company
    Similarity Rank: 162
    Gulf Winds Credit Union
    Similarity Rank: 264
    MORTGAGE ONE OF THE SOUTH, INC.
    Similarity Rank: 308
    HARVESTERS FEDERAL CREDIT UNION
    Similarity Rank: 430
    Jeff Davis Bancshares
    Similarity Rank: 495

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,052 $216,550,000 $205,846 $957 3.14%
    FHA 623 $137,305,000 $220,393 $4,136 2.80%
    USDA 449 $91,455,000 $203,686 $2,252 2.75%
    VA 365 $86,235,000 $236,260 $4,393 2.80%

    For 2020, Dsld Mortgage's most frequently originated type of loan was Conventional, with 1,052 originations. Their 2nd most popular type was FHA, with 623 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,489 $531,545,000 $213,558 $2,538 2.94%

    For 2020, Dsld Mortgage's most frequently cited loan purpose was Home Purchase, with 2,489 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,487 $531,185,000 $213,585 $2,539 2.94%
    15 Year 1 $185,000 $185,000 $1,914 2.25%
    Other 1 $175,000 $175,000 $0 0.00%

    For 2020, Dsld Mortgage's most frequently cited loan duration was 30 Year, with 2,487 originations. The 2nd most popular length was 15 Year, with 1 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,293 $487,605,000 $212,649
    $1k-2k 132 $29,190,000 $221,136
    $2k-3k 14 $3,310,000 $236,429
    $4k-5k 2 $540,000 $270,000
    $3k-4k 1 $255,000 $255,000

    Dsld Mortgage's average total fees were $2,539, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,293 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 953 $199,655,000 $209,502
    2.5-3% 819 $174,115,000 $212,595
    <2.5% 676 $149,890,000 $221,731
    4-5% 40 $7,710,000 $192,750

    During 2020, Dsld Mortgage's average interest rate for loans was 2.94%, while their most frequently originated rate bucket for loans was 3-4%, with 953 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,500 $360,130,000 $240,087 $3,072 2.89%
    $100k-200k 939 $162,915,000 $173,498 $1,740 3.00%
    $100,000 or less 38 $2,910,000 $76,579 $383 3.23%
    $400k-600k 12 $5,590,000 $465,833 $3,582 2.68%

    2020 saw Dsld Mortgage place emphasis on $200k-400k loans with 1,500 originations, totaling $360,130,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 937 $195,805,000 $208,970 $2,503 2.90%
    $75k-100k 512 $115,460,000 $225,508 $2,959 2.98%
    $50k or less 508 $92,090,000 $181,280 $2,066 2.90%
    $100k-150k 357 $86,925,000 $243,487 $2,793 2.99%
    $150k-250k 80 $18,680,000 $233,500 $2,220 3.31%
    $250k+ 20 $4,960,000 $248,000 $1,890 3.34%

    Dsld Mortgage lent most frequently to those with incomes in the $50k-75k range, with 937 originations. The second most popular income band? $75k-100k, with 512 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 530 $112,400,000 $212,075 $2,117 2.94%
    30-36% 476 $102,790,000 $215,945 $2,292 2.93%
    50-60% 177 $39,075,000 $220,763 $4,105 2.78%
    <20% 134 $25,270,000 $188,582 $1,897 2.99%
    36% 104 $21,490,000 $206,635 $2,128 2.91%
    40% 104 $22,670,000 $217,981 $2,403 2.91%
    37% 100 $21,230,000 $212,300 $2,147 3.00%
    41% 99 $21,885,000 $221,061 $2,532 2.96%
    42% 98 $20,850,000 $212,755 $2,342 2.95%
    44% 95 $20,095,000 $211,526 $2,252 3.09%
    38% 93 $20,415,000 $219,516 $2,598 2.90%
    43% 88 $19,010,000 $216,023 $2,946 2.89%
    39% 81 $17,095,000 $211,049 $2,468 2.92%
    45% 78 $16,900,000 $216,667 $3,022 2.98%
    46% 65 $14,175,000 $218,077 $3,391 3.01%
    47% 53 $11,465,000 $216,321 $3,141 2.93%
    49% 52 $11,150,000 $214,423 $3,029 2.98%
    48% 51 $10,895,000 $213,627 $3,962 2.87%
    >60% 2 $420,000 $210,000 $2,035 3.19%

    Dsld Mortgage lent most frequently to those with DTI ratios of 20-30%, with 530 originations. The next most common DTI ratio? 30-36%, with 476 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,750 $369,600,000 $211,200 $2,448 2.95%
    Black 519 $114,485,000 $220,588 $2,908 2.88%
    Not provided 112 $24,540,000 $219,107 $2,587 2.91%
    Asian 80 $16,970,000 $212,125 $1,977 3.05%
    American Indian 18 $3,900,000 $216,667 $2,539 2.82%
    Asian Indian 5 $1,005,000 $201,000 $2,207 2.80%
    Other Asian 2 $400,000 $200,000 $1,833 2.56%
    Native Hawaiian or Islander 2 $400,000 $200,000 $4,883 2.75%
    Guamanian 1 $245,000 $245,000 $3,359 2.50%

    Approval Rates

    Total approvals of all applications
    98.06%

    Dsld Mortgage has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    91.96%

    Dsld Mortgage has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 1 $175,000 $175,000
    NA 2,488 $531,370,000 $213,573

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 2,489 $531,545,000 $213,558

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 29 $2,435,000 $83,966 $446 3.26%
    40-60% 70 $8,890,000 $127,000 $724 2.97%
    60-80% 260 $50,340,000 $193,615 $1,244 3.10%
    80-100% 1,974 $432,290,000 $218,992 $2,469 2.92%
    Over 100% 153 $37,285,000 $243,693 $6,553 2.71%
    Under 20% 2 $130,000 $65,000 $153 3.43%