Das Acquisition Company Mortgage Rates, Fees & Info
Clayton, MOLEI: 549300ZZME37MXI1EF14
Tax ID: 43-1918759
2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Overview
Das Acquisition Company is a mid-sized mortgage company specializing in Home Purchase and Refi loans. Das Acquisition Company 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 include St. Louis, Dallas, Seattle, Springfield, and Atlanta among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Das Acquisition Company is typically an average fee lendor.Originations
21,999Origination Dollar Volume (All Markets)
$4,843,995,000Relative Rate
Das Acquisition Company 's average 30 year fixed rate mortgage was
3.33%.
The 2020 average 30 year fixed rate mortgage across all markets was 3.36%.
This yields a difference of -0.03%.
Relative Fees
Das Acquisition Company 's average total fees for a 30 year fixed rate
mortgage are $4,380.
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 $5,021.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 14,892 | $3,496,610,000 | $234,798 | $3,214 | 3.20% |
| FHA | 4,329 | $773,975,000 | $178,788 | $6,956 | 3.44% |
| VA | 1,562 | $406,160,000 | $260,026 | $5,123 | 3.20% |
| USDA | 1,216 | $167,250,000 | $137,541 | $4,568 | 3.42% |
For the 2020 period, Das Acquisition Company 's most frequently originated loan type was Conventional, with 14,892 originations. Their 2nd most popular type is FHA, with 4,329 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Home Purchase | 12,997 | $2,689,675,000 | $206,946 | $4,968 | 3.33% |
| Refi | 6,984 | $1,686,280,000 | $241,449 | $2,848 | 3.11% |
| Cash Out Refi | 2,018 | $468,040,000 | $231,933 | $3,504 | 3.34% |
For the 2020, Das Acquisition Company 's most frequently cited loan purpose was Home Purchase, with 12,997 originations. The 2nd most popular reason was Refi, with 6,984 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 19,119 | $4,215,415,000 | $220,483 | $4,380 | 3.31% |
| 15 Year | 1,767 | $374,075,000 | $211,701 | $2,703 | 2.79% |
| 20 Year | 697 | $160,585,000 | $230,395 | $2,756 | 3.14% |
| Other | 284 | $69,740,000 | $245,563 | $2,593 | 3.13% |
| 10 Year | 132 | $24,180,000 | $183,182 | $2,688 | 2.73% |
For the 2020, Das Acquisition Company 's most frequently cited loan length was 30 Year, with 19,119 originations. The 2nd most popular length was 15 Year, with 1,767 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 15,638 | $3,343,810,000 | $213,826 |
| $2k-3k | 2,282 | $436,570,000 | $191,310 |
| $<1k | 2,095 | $519,285,000 | $247,869 |
| $3k-4k | 1,420 | $346,070,000 | $243,711 |
| $5k+ | 504 | $185,280,000 | $367,619 |
$4,380 was Das Acquisition Company 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 15,638 originations.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| ST. LOUIS, MO-IL | 8,823 | $1,971,195,000 | $223,416 | $3,182 | 3.22% |
| Outside of Metro Areas | 3,100 | $525,200,000 | $169,419 | $4,184 | 3.35% |
| DALLAS-PLANO-IRVING, TX | 753 | $224,375,000 | $297,975 | $7,215 | 3.23% |
| SEATTLE-BELLEVUE-KENT, WA | 445 | $184,755,000 | $415,180 | $4,940 | 3.13% |
| SPRINGFIELD, MO | 898 | $157,550,000 | $175,445 | $3,687 | 3.39% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA | 509 | $123,745,000 | $243,114 | $5,460 | 3.16% |
| DAYTON-KETTERING, OH | 730 | $119,100,000 | $163,151 | $5,448 | 3.42% |
| CINCINNATI, OH-KY-IN | 633 | $113,815,000 | $179,803 | $5,194 | 3.45% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN | 333 | $90,875,000 | $272,898 | $5,413 | 3.28% |
| KANSAS CITY, MO-KS | 404 | $86,170,000 | $213,292 | $3,418 | 3.26% |
| COLUMBIA, MO | 450 | $83,300,000 | $185,111 | $3,574 | 3.32% |
| COLUMBUS, OH | 328 | $71,140,000 | $216,890 | $5,017 | 3.40% |
| JONESBORO, AR | 363 | $60,685,000 | $167,176 | $5,571 | 3.20% |
| PHOENIX-MESA-CHANDLER, AZ | 194 | $56,890,000 | $293,247 | $4,328 | 3.17% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA | 125 | $54,475,000 | $435,800 | $7,136 | 3.25% |
| FORT WORTH-ARLINGTON-GRAPEVINE, TX | 215 | $52,705,000 | $245,140 | $6,867 | 3.41% |
| NORTH PORT-SARASOTA-BRADENTON, FL | 184 | $48,970,000 | $266,141 | $4,627 | 3.18% |
| CHICAGO-NAPERVILLE-EVANSTON, IL | 153 | $39,765,000 | $259,902 | $4,426 | 3.11% |
| LEWISTON-AUBURN, ME | 189 | $34,865,000 | $184,471 | $4,592 | 3.48% |
| DES MOINES-WEST DES MOINES, IA | 147 | $32,725,000 | $222,619 | $3,897 | 3.24% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL | 114 | $31,850,000 | $279,386 | $4,385 | 3.00% |
| CAPE GIRARDEAU, MO-IL | 173 | $31,685,000 | $183,150 | $3,896 | 3.25% |
| WENATCHEE, WA | 98 | $31,070,000 | $317,041 | $6,344 | 3.16% |
| MADISON, WI | 134 | $30,890,000 | $230,522 | $4,296 | 3.16% |
| WATERLOO-CEDAR FALLS, IA | 177 | $29,455,000 | $166,412 | $4,322 | 3.25% |
| LOS ANGELES-LONG BEACH-GLENDALE, CA | 57 | $25,195,000 | $442,018 | $6,722 | 3.23% |
| PORTLAND-SOUTH PORTLAND, ME | 92 | $22,780,000 | $247,609 | $3,807 | 3.18% |
| ORLANDO-KISSIMMEE-SANFORD, FL | 93 | $22,585,000 | $242,849 | $5,225 | 3.10% |
| WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL | 63 | $18,255,000 | $289,762 | $5,179 | 3.09% |
| JEFFERSON CITY, MO | 99 | $16,235,000 | $163,990 | $4,008 | 3.33% |
| LAKELAND-WINTER HAVEN, FL | 75 | $16,125,000 | $215,000 | $5,572 | 3.24% |
| OAKLAND-BERKELEY-LIVERMORE, CA | 28 | $14,270,000 | $509,643 | $6,596 | 3.23% |
| CHATTANOOGA, TN-GA | 66 | $12,240,000 | $185,455 | $4,661 | 3.12% |
| RAPID CITY, SD | 52 | $11,430,000 | $219,808 | $4,842 | 3.07% |
| ANAHEIM-SANTA ANA-IRVINE, CA | 23 | $10,835,000 | $471,087 | $4,990 | 3.08% |
| DENVER-AURORA-LAKEWOOD, CO | 25 | $10,365,000 | $414,600 | $3,960 | 3.07% |
| FAYETTEVILLE, NC | 50 | $10,290,000 | $205,800 | $5,111 | 3.22% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX | 42 | $9,850,000 | $234,524 | $6,883 | 3.37% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX | 32 | $9,570,000 | $299,063 | $6,466 | 3.34% |
| BAKERSFIELD, CA | 39 | $9,515,000 | $243,974 | $7,651 | 3.25% |
| KENNEWICK-RICHLAND, WA | 34 | $8,530,000 | $250,882 | $3,881 | 3.25% |
| CAPE CORAL-FORT MYERS, FL | 39 | $8,515,000 | $218,333 | $3,250 | 3.15% |
| JOPLIN, MO | 62 | $8,180,000 | $131,935 | $4,751 | 3.56% |
| ELGIN, IL | 35 | $8,035,000 | $229,571 | $6,001 | 3.15% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA | 22 | $7,850,000 | $356,818 | $6,584 | 3.17% |
| MIAMI-MIAMI BEACH-KENDALL, FL | 21 | $7,685,000 | $365,952 | $8,727 | 3.11% |
| TACOMA-LAKEWOOD, WA | 21 | $7,675,000 | $365,476 | $5,935 | 3.02% |
| GAINESVILLE, GA | 28 | $7,460,000 | $266,429 | $5,124 | 3.14% |
| LAKE CHARLES, LA | 33 | $6,435,000 | $195,000 | $5,086 | 3.53% |
| PUNTA GORDA, FL | 25 | $6,365,000 | $254,600 | $3,951 | 3.09% |
| JANESVILLE-BELOIT, WI | 37 | $6,295,000 | $170,135 | $4,481 | 3.20% |
| JACKSONVILLE, FL | 22 | $6,160,000 | $280,000 | $4,040 | 2.87% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA | 14 | $5,890,000 | $420,714 | $5,184 | 3.16% |
| EL PASO, TX | 31 | $5,845,000 | $188,548 | $6,203 | 3.01% |
| DAPHNE-FAIRHOPE-FOLEY, AL | 32 | $5,630,000 | $175,938 | $4,729 | 3.29% |
| MOUNT VERNON-ANACORTES, WA | 13 | $5,405,000 | $415,769 | $3,920 | 3.03% |
| SPRINGFIELD, OH | 43 | $5,295,000 | $123,140 | $4,685 | 3.43% |
| WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV | 15 | $5,235,000 | $349,000 | $7,966 | 2.83% |
| Outside of Metro Areas | 25 | $5,235,000 | $209,400 | $6,447 | 3.09% |
| WHEELING, WV-OH | 33 | $5,125,000 | $155,303 | $4,429 | 3.39% |
| OCALA, FL | 25 | $4,985,000 | $199,400 | $4,898 | 3.13% |
| SAN ANTONIO-NEW BRAUNFELS, TX | 21 | $4,855,000 | $231,190 | $6,341 | 3.36% |
| WAUSAU-WESTON, WI | 24 | $4,840,000 | $201,667 | $3,854 | 3.16% |
| FORT SMITH, AR-OK | 32 | $4,320,000 | $135,000 | $4,899 | 2.96% |
| LAKE COUNTY-KENOSHA COUNTY, IL-WI | 15 | $4,295,000 | $286,333 | $2,983 | 3.03% |
| FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL | 15 | $4,075,000 | $271,667 | $3,337 | 2.86% |
| WARREN-TROY-FARMINGTON HILLS, MI | 19 | $3,985,000 | $209,737 | $4,033 | 3.14% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL | 14 | $3,830,000 | $273,571 | $4,181 | 3.30% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN | 16 | $3,800,000 | $237,500 | $3,607 | 3.16% |
| SHERMAN-DENISON, TX | 19 | $3,695,000 | $194,474 | $6,145 | 3.59% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA | 7 | $3,615,000 | $516,429 | $6,136 | 3.09% |
| SIOUX FALLS, SD | 15 | $3,585,000 | $239,000 | $4,254 | 2.83% |
| NAPLES-MARCO ISLAND, FL | 11 | $3,485,000 | $316,818 | $4,571 | 2.97% |
| PENSACOLA-FERRY PASS-BRENT, FL | 18 | $3,480,000 | $193,333 | $4,323 | 3.15% |
| KILLEEN-TEMPLE, TX | 21 | $3,425,000 | $163,095 | $6,423 | 3.54% |
| BIRMINGHAM-HOOVER, AL | 12 | $3,390,000 | $282,500 | $5,134 | 3.24% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA | 9 | $3,345,000 | $371,667 | $5,235 | 3.03% |
| ALBUQUERQUE, NM | 15 | $3,325,000 | $221,667 | $5,677 | 3.80% |
| MEMPHIS, TN-MS-AR | 19 | $3,305,000 | $173,947 | $5,562 | 3.35% |
| COLORADO SPRINGS, CO | 10 | $3,290,000 | $329,000 | $5,519 | 3.02% |
| LAS VEGAS-HENDERSON-PARADISE, NV | 10 | $3,230,000 | $323,000 | $8,624 | 2.80% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL | 11 | $3,205,000 | $291,364 | $5,076 | 2.98% |
| PORT ST. LUCIE, FL | 12 | $3,020,000 | $251,667 | $4,661 | 3.20% |
| TUCSON, AZ | 11 | $2,985,000 | $271,364 | $5,237 | 3.57% |
| CLARKSVILLE, TN-KY | 15 | $2,965,000 | $197,667 | $5,970 | 3.13% |
| LOUISVILLE/JEFFERSON COUNTY, KY-IN | 12 | $2,910,000 | $242,500 | $3,468 | 3.24% |
| GARY, IN | 10 | $2,840,000 | $284,000 | $5,915 | 3.43% |
| FLAGSTAFF, AZ | 10 | $2,820,000 | $282,000 | $4,151 | 3.07% |
| MILWAUKEE-WAUKESHA, WI | 11 | $2,815,000 | $255,909 | $4,866 | 3.23% |
| LEXINGTON-FAYETTE, KY | 16 | $2,590,000 | $161,875 | $3,966 | 3.42% |
| PRESCOTT VALLEY-PRESCOTT, AZ | 11 | $2,545,000 | $231,364 | $6,278 | 3.10% |
| BELLINGHAM, WA | 7 | $2,525,000 | $360,714 | $4,968 | 3.04% |
| OKLAHOMA CITY, OK | 11 | $2,505,000 | $227,727 | $4,027 | 3.05% |
| CLEVELAND-ELYRIA, OH | 11 | $2,245,000 | $204,091 | $4,942 | 3.58% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI | 8 | $2,190,000 | $273,750 | $5,187 | 3.18% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL | 9 | $2,125,000 | $236,111 | $4,347 | 3.08% |
| LA CROSSE-ONALASKA, WI-MN | 12 | $2,050,000 | $170,833 | $4,476 | 3.27% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA | 20 | $1,980,000 | $99,000 | $4,472 | 3.58% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA | 5 | $1,945,000 | $389,000 | $4,120 | 2.95% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR | 8 | $1,840,000 | $230,000 | $4,490 | 3.02% |
| VALLEJO, CA | 4 | $1,650,000 | $412,500 | $8,051 | 3.78% |
| CEDAR RAPIDS, IA | 10 | $1,650,000 | $165,000 | $3,507 | 2.92% |
| GAINESVILLE, FL | 7 | $1,595,000 | $227,857 | $2,597 | 2.64% |
| TULSA, OK | 6 | $1,590,000 | $265,000 | $6,054 | 3.08% |
| KNOXVILLE, TN | 5 | $1,585,000 | $317,000 | $5,411 | 2.90% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC | 5 | $1,555,000 | $311,000 | $3,321 | 3.20% |
| OMAHA-COUNCIL BLUFFS, NE-IA | 8 | $1,540,000 | $192,500 | $4,992 | 3.36% |
| PITTSBURGH, PA | 5 | $1,525,000 | $305,000 | $5,590 | 3.21% |
| FREDERICK-GAITHERSBURG-ROCKVILLE, MD | 4 | $1,410,000 | $352,500 | $8,638 | 2.66% |
| WACO, TX | 6 | $1,380,000 | $230,000 | $6,957 | 3.17% |
| YAKIMA, WA | 6 | $1,370,000 | $228,333 | $4,201 | 3.05% |
| DETROIT-DEARBORN-LIVONIA, MI | 6 | $1,350,000 | $225,000 | $4,068 | 3.03% |
| WICHITA, KS | 9 | $1,335,000 | $148,333 | $3,265 | 3.75% |
| OLYMPIA-LACEY-TUMWATER, WA | 5 | $1,315,000 | $263,000 | $4,037 | 3.09% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC | 5 | $1,305,000 | $261,000 | $7,440 | 3.20% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR | 8 | $1,290,000 | $161,250 | $4,057 | 3.28% |
| SPOKANE-SPOKANE VALLEY, WA | 5 | $1,285,000 | $257,000 | $4,231 | 3.05% |
| AMES, IA | 6 | $1,180,000 | $196,667 | $4,569 | 3.23% |
| GREENVILLE-ANDERSON, SC | 3 | $1,145,000 | $381,667 | $4,271 | 3.38% |
| MIDLAND, TX | 4 | $1,090,000 | $272,500 | $9,428 | 3.19% |
| SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA | 2 | $1,050,000 | $525,000 | $3,391 | 3.00% |
| HOMOSASSA SPRINGS, FL | 4 | $1,050,000 | $262,500 | $5,715 | 3.13% |
| TOLEDO, OH | 7 | $1,045,000 | $149,286 | $3,800 | 3.89% |
| RALEIGH-CARY, NC | 4 | $1,040,000 | $260,000 | $6,180 | 3.03% |
| THE VILLAGES, FL | 4 | $1,040,000 | $260,000 | $5,042 | 2.93% |
| CHARLESTON-NORTH CHARLESTON, SC | 5 | $1,035,000 | $207,000 | $4,270 | 3.06% |
| COEUR D'ALENE, ID | 2 | $1,010,000 | $505,000 | $4,321 | 2.98% |
| ST. JOSEPH, MO-KS | 6 | $1,000,000 | $166,667 | $3,772 | 3.27% |
| SPRINGFIELD, IL | 7 | $995,000 | $142,143 | $5,062 | 3.48% |
| AUGUSTA-RICHMOND COUNTY, GA-SC | 5 | $985,000 | $197,000 | $4,812 | 3.80% |
| NAPA, CA | 2 | $950,000 | $475,000 | $11,985 | 3.75% |
| DURHAM-CHAPEL HILL, NC | 3 | $925,000 | $308,333 | $8,803 | 2.91% |
| HINESVILLE, GA | 5 | $885,000 | $177,000 | $5,230 | 3.50% |
| CARBONDALE-MARION, IL | 5 | $875,000 | $175,000 | $4,306 | 3.13% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL | 3 | $735,000 | $245,000 | $4,333 | 2.58% |
| ATHENS-CLARKE COUNTY, GA | 3 | $735,000 | $245,000 | $4,890 | 2.88% |
| AMARILLO, TX | 4 | $720,000 | $180,000 | $6,465 | 3.53% |
| TALLAHASSEE, FL | 3 | $715,000 | $238,333 | $2,804 | 2.69% |
| LIMA, OH | 4 | $710,000 | $177,500 | $3,442 | 3.62% |
| BANGOR, ME | 4 | $710,000 | $177,500 | $2,523 | 3.44% |
| COLLEGE STATION-BRYAN, TX | 2 | $680,000 | $340,000 | $6,108 | 3.31% |
| MONTGOMERY, AL | 2 | $670,000 | $335,000 | $6,378 | 2.88% |
| BALTIMORE-COLUMBIA-TOWSON, MD | 2 | $660,000 | $330,000 | $6,199 | 3.31% |
| LAKE HAVASU CITY-KINGMAN, AZ | 3 | $655,000 | $218,333 | $2,994 | 2.50% |
| MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA | 2 | $630,000 | $315,000 | $4,009 | 2.81% |
| PANAMA CITY, FL | 2 | $590,000 | $295,000 | $4,210 | 3.50% |
| MACON-BIBB COUNTY, GA | 2 | $580,000 | $290,000 | $3,761 | 2.93% |
| SAVANNAH, GA | 3 | $575,000 | $191,667 | $3,194 | 2.83% |
| WARNER ROBINS, GA | 3 | $575,000 | $191,667 | $3,700 | 2.75% |
| SEBASTIAN-VERO BEACH, FL | 2 | $570,000 | $285,000 | $2,638 | 2.44% |
| FRESNO, CA | 2 | $570,000 | $285,000 | $5,849 | 2.19% |
| CANTON-MASSILLON, OH | 2 | $570,000 | $285,000 | $4,626 | 3.48% |
| TYLER, TX | 3 | $565,000 | $188,333 | $2,790 | 3.42% |
| NEW HAVEN-MILFORD, CT | 2 | $560,000 | $280,000 | $10,239 | 2.75% |
| HATTIESBURG, MS | 3 | $555,000 | $185,000 | $3,110 | 3.04% |
| MCALLEN-EDINBURG-MISSION, TX | 3 | $525,000 | $175,000 | $7,547 | 3.17% |
| WALLA WALLA, WA | 2 | $520,000 | $260,000 | $4,012 | 3.23% |
| SANTA CRUZ-WATSONVILLE, CA | 1 | $515,000 | $515,000 | $3,211 | 2.75% |
| BOSTON, MA | 1 | $505,000 | $505,000 | $3,217 | 2.88% |
| CORPUS CHRISTI, TX | 2 | $490,000 | $245,000 | $6,816 | 4.13% |
| ROCKFORD, IL | 3 | $485,000 | $161,667 | $4,950 | 3.42% |
| HILTON HEAD ISLAND-BLUFFTON, SC | 2 | $480,000 | $240,000 | $4,010 | 2.69% |
| TOPEKA, KS | 4 | $470,000 | $117,500 | $2,545 | 3.15% |
| MANHATTAN, KS | 2 | $460,000 | $230,000 | $3,816 | 2.44% |
| EUGENE-SPRINGFIELD, OR | 1 | $455,000 | $455,000 | $5,455 | 3.00% |
| LINCOLN, NE | 3 | $435,000 | $145,000 | $2,356 | 3.12% |
| COLUMBIA, SC | 2 | $430,000 | $215,000 | $4,968 | 2.44% |
| CLEVELAND, TN | 2 | $420,000 | $210,000 | $8,272 | 2.88% |
| SIOUX CITY, IA-NE-SD | 3 | $405,000 | $135,000 | $5,483 | 4.04% |
| MOBILE, AL | 2 | $380,000 | $190,000 | $3,455 | 3.54% |
| SHEBOYGAN, WI | 2 | $370,000 | $185,000 | $6,265 | 3.69% |
| JOHNSON CITY, TN | 1 | $365,000 | $365,000 | $4,250 | 3.99% |
| AKRON, OH | 2 | $350,000 | $175,000 | $6,373 | 4.06% |
| GREELEY, CO | 1 | $335,000 | $335,000 | $3,091 | 2.85% |
| PHILADELPHIA, PA | 1 | $335,000 | $335,000 | $4,107 | 2.99% |
| EVANSVILLE, IN-KY | 2 | $320,000 | $160,000 | $6,278 | 3.38% |
| ANNISTON-OXFORD, AL | 2 | $320,000 | $160,000 | $4,397 | 3.56% |
| BEND, OR | 1 | $315,000 | $315,000 | $4,630 | 3.50% |
| PEORIA, IL | 2 | $310,000 | $155,000 | $3,309 | 3.31% |
| SALEM, OR | 2 | $310,000 | $155,000 | $2,849 | 3.31% |
| OXNARD-THOUSAND OAKS-VENTURA, CA | 1 | $305,000 | $305,000 | $2,575 | 2.99% |
| LEWISTON, ID-WA | 1 | $305,000 | $305,000 | $9,913 | 3.00% |
| FOND DU LAC, WI | 2 | $300,000 | $150,000 | $6,086 | 3.75% |
| ROME, GA | 2 | $290,000 | $145,000 | $4,585 | 2.93% |
| BEAUMONT-PORT ARTHUR, TX | 2 | $290,000 | $145,000 | $5,830 | 4.15% |
| HUNTSVILLE, AL | 1 | $275,000 | $275,000 | $8,258 | 3.63% |
| AUBURN-OPELIKA, AL | 1 | $275,000 | $275,000 | $2,950 | 3.00% |
| CAMBRIDGE-NEWTON-FRAMINGHAM, MA | 1 | $265,000 | $265,000 | $2,411 | 2.88% |
| DALTON, GA | 2 | $260,000 | $130,000 | $2,689 | 3.69% |
| APPLETON, WI | 1 | $255,000 | $255,000 | $2,541 | 3.25% |
| BOISE CITY, ID | 1 | $255,000 | $255,000 | $3,037 | 2.75% |
| GREEN BAY, WI | 1 | $255,000 | $255,000 | $2,863 | 2.75% |
| HICKORY-LENOIR-MORGANTON, NC | 1 | $245,000 | $245,000 | $2,194 | 3.65% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ | 1 | $245,000 | $245,000 | $7,400 | 4.25% |
| HANFORD-CORCORAN, CA | 1 | $245,000 | $245,000 | $5,374 | 2.88% |
| ENID, OK | 1 | $235,000 | $235,000 | $2,964 | 3.25% |
| EAU CLAIRE, WI | 1 | $235,000 | $235,000 | $2,455 | 2.85% |
| TERRE HAUTE, IN | 1 | $235,000 | $235,000 | $7,647 | 3.88% |
| VICTORIA, TX | 1 | $235,000 | $235,000 | $8,437 | 4.25% |
| WICHITA FALLS, TX | 2 | $230,000 | $115,000 | $4,289 | 3.25% |
| LUBBOCK, TX | 2 | $230,000 | $115,000 | $5,965 | 2.81% |
| YUMA, AZ | 1 | $225,000 | $225,000 | $8,802 | 2.75% |
| NEW ORLEANS-METAIRIE, LA | 1 | $225,000 | $225,000 | $7,214 | 3.25% |
| COLUMBUS, GA-AL | 2 | $220,000 | $110,000 | $3,959 | 3.31% |
| DULUTH, MN-WI | 1 | $215,000 | $215,000 | $3,302 | 3.38% |
| ABILENE, TX | 1 | $215,000 | $215,000 | $9,247 | 4.25% |
| WEIRTON-STEUBENVILLE, WV-OH | 2 | $210,000 | $105,000 | $4,935 | 3.19% |
| BOULDER, CO | 1 | $205,000 | $205,000 | $2,674 | 3.38% |
| MANKATO, MN | 1 | $205,000 | $205,000 | $7,881 | 3.25% |
| CHARLESTON, WV | 1 | $175,000 | $175,000 | $3,186 | 3.13% |
| MANCHESTER-NASHUA, NH | 1 | $175,000 | $175,000 | $867 | 4.13% |
| OSHKOSH-NEENAH, WI | 1 | $175,000 | $175,000 | $6,223 | 4.63% |
| DUBUQUE, IA | 1 | $175,000 | $175,000 | $7,975 | 3.50% |
| OWENSBORO, KY | 1 | $165,000 | $165,000 | $4,926 | 2.50% |
| GULFPORT-BILOXI, MS | 1 | $165,000 | $165,000 | $6,054 | 2.75% |
| LAWRENCE, KS | 1 | $155,000 | $155,000 | $2,133 | 3.20% |
| BLOOMSBURG-BERWICK, PA | 1 | $155,000 | $155,000 | $3,634 | 2.75% |
| COLUMBUS, IN | 1 | $145,000 | $145,000 | $3,116 | 3.13% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT | 1 | $145,000 | $145,000 | $3,179 | 3.50% |
| VISALIA, CA | 1 | $145,000 | $145,000 | $6,430 | 3.75% |
| WILMINGTON, NC | 1 | $145,000 | $145,000 | $2,609 | 3.75% |
| IOWA CITY, IA | 1 | $145,000 | $145,000 | $2,365 | 3.75% |
| RACINE, WI | 1 | $135,000 | $135,000 | $3,723 | 4.13% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC | 1 | $135,000 | $135,000 | $4,956 | 3.50% |
| GREENSBORO-HIGH POINT, NC | 1 | $125,000 | $125,000 | $0 | 3.38% |
| NILES, MI | 1 | $125,000 | $125,000 | $3,469 | 5.25% |
| GREENVILLE, NC | 1 | $115,000 | $115,000 | $3,591 | 2.63% |
| JOHNSTOWN, PA | 1 | $115,000 | $115,000 | $5,464 | 2.75% |
| FLINT, MI | 1 | $115,000 | $115,000 | $5,176 | 2.75% |
| RICHMOND, VA | 1 | $105,000 | $105,000 | $2,285 | 3.25% |
| SCRANTON--WILKES-BARRE, PA | 1 | $105,000 | $105,000 | $3,066 | 3.63% |
| GRAND RAPIDS-KENTWOOD, MI | 1 | $95,000 | $95,000 | $4,289 | 3.25% |
| JACKSON, MS | 1 | $95,000 | $95,000 | $3,507 | 3.38% |
| SIERRA VISTA-DOUGLAS, AZ | 1 | $85,000 | $85,000 | $2,570 | 3.88% |
| BROWNSVILLE-HARLINGEN, TX | 1 | $85,000 | $85,000 | $3,279 | 3.00% |
| LAWTON, OK | 1 | $85,000 | $85,000 | $0 | 3.75% |
| LONGVIEW, WA | 1 | $85,000 | $85,000 | $4,442 | 3.35% |
| SUMTER, SC | 1 | $55,000 | $55,000 | $2,710 | 3.38% |
| LAFAYETTE, LA | 1 | $35,000 | $35,000 | $3,817 | 2.99% |
Das Acquisition Company 's top markets include St. Louis, Dallas, Seattle, Springfield, and Atlanta among others.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 11,073 | $2,359,265,000 | $213,065 |
| 2.5-3% | 7,856 | $1,842,460,000 | $234,529 |
| 4-5% | 1,585 | $271,185,000 | $171,095 |
| <2.5% | 1,352 | $347,550,000 | $257,064 |
| 5-6% | 116 | $19,660,000 | $169,483 |
| 6-7% | 5 | $1,185,000 | $237,000 |
| Over 8% | 5 | $1,045,000 | $209,000 |
| 7-8% | 2 | $500,000 | $250,000 |
During 2020, Das Acquisition Company 's average interest rate was 3.33%, while their most frequently originated rate bucket was 3-4%, with 11,073 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-200k | 9,419 | $1,419,685,000 | $150,726 | $3,850 | 3.31% |
| $200k-400k | 8,719 | $2,386,385,000 | $273,699 | $4,513 | 3.18% |
| $100,000 or less | 2,147 | $168,475,000 | $78,470 | $3,320 | 3.51% |
| $400k-600k | 1,484 | $690,690,000 | $465,425 | $4,743 | 3.07% |
| $600k-1MM | 210 | $153,470,000 | $730,810 | $7,726 | 3.29% |
| $1MM+ | 20 | $25,290,000 | $1,264,500 | $5,864 | 3.13% |
2020 saw Das Acquisition Company place emphasis on $100k-200k loans with 9,419 originations, totaling $1,419,685,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $50k-75k | 5,662 | $1,034,790,000 | $182,761 | $4,333 | 3.30% |
| $50k or less | 5,122 | $722,600,000 | $141,078 | $4,110 | 3.33% |
| $100k-150k | 4,136 | $1,112,240,000 | $268,917 | $4,018 | 3.20% |
| $75k-100k | 3,848 | $874,740,000 | $227,323 | $4,440 | 3.27% |
| $150k-250k | 2,393 | $765,405,000 | $319,852 | $3,756 | 3.16% |
| $250k+ | 766 | $313,660,000 | $409,478 | $3,969 | 3.14% |
Das Acquisition Company lent most frequently to those with incomes in the $50k-75k range, with 5,662 originations. The second most popular income band? $50k or less, with 5,122 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 5,018 | $1,093,130,000 | $217,842 | $3,518 | 3.20% |
| 30-36% | 4,073 | $902,185,000 | $221,504 | $4,032 | 3.28% |
| <20% | 1,895 | $434,965,000 | $229,533 | $3,017 | 3.04% |
| 50-60% | 1,074 | $231,880,000 | $215,903 | $6,842 | 3.34% |
| 38% | 847 | $177,635,000 | $209,723 | $4,288 | 3.32% |
| 44% | 843 | $179,135,000 | $212,497 | $4,678 | 3.37% |
| 40% | 803 | $174,505,000 | $217,316 | $4,361 | 3.37% |
| 41% | 790 | $163,020,000 | $206,354 | $4,416 | 3.34% |
| 42% | 783 | $173,005,000 | $220,951 | $4,504 | 3.30% |
| 43% | 755 | $161,295,000 | $213,636 | $4,449 | 3.32% |
| 36% | 749 | $165,445,000 | $220,888 | $4,191 | 3.28% |
| 39% | 748 | $164,640,000 | $220,107 | $4,299 | 3.33% |
| 37% | 747 | $164,805,000 | $220,622 | $4,233 | 3.29% |
| 45% | 532 | $117,810,000 | $221,447 | $4,554 | 3.31% |
| 49% | 529 | $118,865,000 | $224,698 | $4,790 | 3.36% |
| 46% | 519 | $115,365,000 | $222,283 | $4,708 | 3.30% |
| 48% | 506 | $113,660,000 | $224,625 | $4,843 | 3.29% |
| 47% | 497 | $114,765,000 | $230,915 | $4,722 | 3.27% |
| >60% | 48 | $12,390,000 | $258,125 | $4,960 | 3.54% |
Das Acquisition Company lent most frequently to those with DTI ratios of 20-30%, with 5,018 originations. The next most common DTI ratio? 30-36%, with 4,073 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 17,343 | $3,787,375,000 | $218,381 | $4,012 | 3.27% |
| Not provided | 2,993 | $668,485,000 | $223,349 | $4,413 | 3.22% |
| Black | 1,026 | $216,010,000 | $210,536 | $5,878 | 3.38% |
| Asian | 502 | $141,890,000 | $282,649 | $4,077 | 3.07% |
| American Indian | 94 | $20,340,000 | $216,383 | $4,925 | 3.33% |
| Native Hawaiian | 29 | $6,695,000 | $230,862 | $5,153 | 3.06% |
| Other Asian | 5 | $1,365,000 | $273,000 | $4,464 | 2.87% |
| Chinese | 3 | $1,015,000 | $338,333 | $2,188 | 3.54% |
| Filipino | 3 | $715,000 | $238,333 | $3,300 | 2.86% |
| Korean | 1 | $105,000 | $105,000 | $3,264 | 2.98% |
Approval Rates
Total approvals of all applications98.06%
Das Acquisition Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination76.77%
Das Acquisition Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 10606.2 | 1 | $385,000 | $385,000 |
| 11885.6 | 1 | $725,000 | $725,000 |
| 5506.75 | 1 | $125,000 | $125,000 |
| 6675.0 | 1 | $145,000 | $145,000 |
| 6855.95 | 1 | $125,000 | $125,000 |
| NA | 21,994 | $4,842,490,000 | $220,173 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 372 | $52,320,000 | $140,645 |
| Single Family (1-4 Units):Site-Built | 21,627 | $4,791,675,000 | $221,560 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 366 | $68,890,000 | $188,224 | $2,691 | 2.98% |
| 40-60% | 1,736 | $387,250,000 | $223,070 | $2,782 | 2.98% |
| 60-80% | 6,483 | $1,552,885,000 | $239,532 | $3,087 | 3.20% |
| 80-100% | 12,959 | $2,717,345,000 | $209,688 | $4,765 | 3.33% |
| Over 100% | 418 | $113,500,000 | $271,531 | $9,235 | 3.22% |
| Under 20% | 37 | $4,125,000 | $111,486 | $2,461 | 3.47% |