Das Acquisition Company Mortgage Rates, Fees & Info

Clayton, MO

LEI: 549300ZZME37MXI1EF14

Tax ID: 43-1918759

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

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Mortgage Data

Review & Overview

Das Acquisition Company is a small mortgage company specializing in Home Purchase loans. Das Acquisition Company has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: St. Louis, Springfield, Cincinnati, Columbia, and Milwaukee among others. We have data for 175 markets. (Some data included below & more in-depth data is available with an active subscription.)

Das Acquisition Company 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. Das Acquisition Company 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.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 3.12% 4/22/24
30 Year Conventional Purchase 7.01% 4/22/24
30 Year Conventional Refi 6.84% 4/22/24
30 Year Cash-out Refi 7.12% 4/22/24
30 Year FHA Purchase 7.80% 4/22/24
30 Year FHA Refi 7.61% 4/22/24
30 Year VA Purchase 6.74% 4/22/24
30 Year VA Refi 6.41% 4/22/24
30 Year USDA Purchase 7.25% 4/22/24
30 Year USDA Refi 7.03% 4/22/24
15 Year Conventional Purchase 6.51% 4/22/24
15 Year Conventional Refi 6.41% 4/22/24
15 Year Cash-out Refi 6.41% 4/22/24
15 Year FHA Purchase 5.68% 4/22/24
15 Year FHA Refi 7.98% 4/22/24
15 Year VA Purchase 6.21% 4/22/24
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.

Das Acquisition Company Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Das Acquisition Company. 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

9,325

Origination Dollar Volume (All Markets)

$1,663,085,000
Show all (5) 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
Outside of Metro Areas 4,300 $747,390,000 $173,812 $4,072 4.85%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2,691 $516,755,000 $192,031 $4,248 5.00%
SPRINGFIELD, MO (FHA|USDA|VA) 326 $49,520,000 $151,902 $4,310 5.05%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 176 $26,950,000 $153,125 $5,226 5.24%
COLUMBIA, MO (FHA|USDA|VA) 147 $24,245,000 $164,932 $3,925 4.99%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 118 $20,650,000 $175,000 $3,948 50.71%
DAYTON-KETTERING, OH (FHA|USDA|VA) 140 $18,150,000 $129,643 $4,719 5.18%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 67 $17,015,000 $253,955 $6,370 5.06%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 72 $16,710,000 $232,083 $8,610 5.35%
KANSAS CITY, MO-KS (FHA|USDA|VA) 80 $14,660,000 $183,250 $4,285 5.08%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 67 $13,515,000 $201,716 $5,917 5.17%
BAKERSFIELD, CA (FHA|USDA|VA) 53 $11,855,000 $223,679 $6,010 4.94%
MADISON, WI (FHA|USDA|VA) 54 $11,500,000 $212,963 $5,347 5.20%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 49 $10,155,000 $207,245 $5,712 5.40%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 45 $10,095,000 $224,333 $5,435 4.78%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 73 $9,555,000 $130,890 $4,024 5.13%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 57 $9,405,000 $165,000 $5,450 5.04%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 61 $9,085,000 $148,934 $5,112 5.20%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 33 $6,965,000 $211,061 $6,617 5.56%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 33 $6,235,000 $188,939 $4,284 5.18%
JEFFERSON CITY, MO (FHA|USDA|VA) 38 $5,500,000 $144,737 $4,573 5.23%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 35 $5,295,000 $151,286 $4,464 5.12%
Poplar Bluff, MO (FHA|USDA|VA) 46 $5,060,000 $110,000 $3,596 5.11%
Branson, MO (FHA|USDA|VA) 36 $5,010,000 $139,167 $3,526 5.26%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 8 $3,960,000 $495,000 $6,938 5.54%
LAKE CHARLES, LA (FHA|USDA|VA) 22 $3,730,000 $169,545 $6,238 5.17%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 13 $3,465,000 $266,538 $10,121 5.40%
Farmington, MO (FHA|USDA|VA) 25 $3,345,000 $133,800 $4,438 5.17%
RACINE, WI (FHA|USDA|VA) 18 $3,160,000 $175,556 $4,827 5.35%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 12 $2,910,000 $242,500 $5,024 5.13%
Beaver Dam, WI (FHA|USDA|VA) 16 $2,760,000 $172,500 $5,337 5.11%
Sikeston, MO (FHA|USDA|VA) 24 $2,750,000 $114,583 $4,679 5.28%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 16 $2,360,000 $147,500 $4,118 5.14%
SANTA FE, NM (FHA|USDA|VA) 6 $2,330,000 $388,333 $6,063 5.21%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 9 $1,905,000 $211,667 $5,093 5.22%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 9 $1,855,000 $206,111 $4,173 4.83%
Whitewater, WI (FHA|USDA|VA) 12 $1,790,000 $149,167 $3,173 5.32%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $1,765,000 $1,765,000 $27,880 3.88%
Rolla, MO (FHA|USDA|VA) 12 $1,670,000 $139,167 $5,093 5.24%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 9 $1,635,000 $181,667 $6,381 5.42%
SPRINGFIELD, OH (FHA|USDA|VA) 11 $1,525,000 $138,636 $4,776 5.28%
JOPLIN, MO (FHA|USDA|VA) 12 $1,450,000 $120,833 $3,723 5.15%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 7 $1,435,000 $205,000 $6,297 5.07%
Kirksville, MO (FHA|USDA|VA) 12 $1,420,000 $118,333 $4,032 5.16%
Glenwood Springs, CO (FHA|USDA|VA) 1 $1,365,000 $1,365,000 $3,200 3.88%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 9 $1,315,000 $146,111 $5,932 5.53%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $1,210,000 $605,000 $8,524 4.75%
Lebanon, MO (FHA|USDA|VA) 10 $1,170,000 $117,000 $3,423 5.32%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 7 $1,095,000 $156,429 $5,699 5.21%
KNOXVILLE, TN (FHA|USDA|VA) 3 $1,065,000 $355,000 $5,873 5.17%
FOND DU LAC, WI (FHA|USDA|VA) 8 $1,050,000 $131,250 $3,306 5.27%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $885,000 $177,000 $4,618 5.20%
WICHITA, KS (FHA|USDA|VA) 4 $840,000 $210,000 $6,829 5.28%
SHEBOYGAN, WI (FHA|USDA|VA) 6 $820,000 $136,667 $4,359 5.27%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $805,000 $268,333 $7,838 5.00%
Laurel, MS (FHA|USDA|VA) 7 $785,000 $112,143 $5,009 5.38%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 3 $765,000 $255,000 $6,548 6.46%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 4 $750,000 $187,500 $4,600 5.75%
Kennett, MO (FHA|USDA|VA) 8 $730,000 $91,250 $3,615 5.14%
Manitowoc, WI (FHA|USDA|VA) 5 $725,000 $145,000 $0 4.73%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $695,000 $695,000 $5,502 4.88%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $660,000 $330,000 $3,798 4.13%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $645,000 $215,000 $7,321 5.04%
GAINESVILLE, GA (FHA|USDA|VA) 4 $640,000 $160,000 $4,875 4.88%
COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $630,000 $315,000 $1,676 4.69%
Wilmington, OH (FHA|USDA|VA) 5 $625,000 $125,000 $8,068 5.00%
COLUMBUS, OH (FHA|USDA|VA) 4 $620,000 $155,000 $5,893 5.28%
TULSA, OK (FHA|USDA|VA) 3 $615,000 $205,000 $4,813 5.21%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 2 $610,000 $305,000 $1,637 4.50%
Fort Leonard Wood, MO (FHA|USDA|VA) 4 $590,000 $147,500 $1,840 5.50%
Moberly, MO (FHA|USDA|VA) 6 $540,000 $90,000 $3,307 5.25%
TOLEDO, OH (FHA|USDA|VA) 4 $530,000 $132,500 $4,521 6.22%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $520,000 $260,000 $5,591 4.56%
Mexico, MO (FHA|USDA|VA) 6 $510,000 $85,000 $3,916 5.08%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $480,000 $240,000 $8,350 4.88%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 4 $460,000 $115,000 $4,008 5.66%
MOBILE, AL (FHA|USDA|VA) 3 $435,000 $145,000 $3,391 4.96%
Sedalia, MO (FHA|USDA|VA) 3 $435,000 $145,000 $3,781 5.00%
West Plains, MO (FHA|USDA|VA) 4 $430,000 $107,500 $4,370 5.06%
PUNTA GORDA, FL (FHA|USDA|VA) 3 $415,000 $138,333 $4,751 5.17%
ST. GEORGE, UT (FHA|USDA|VA) 2 $410,000 $205,000 $5,376 5.31%
PEORIA, IL (FHA|USDA|VA) 2 $390,000 $195,000 $6,939 5.19%
Jennings, LA (FHA|USDA|VA) 4 $380,000 $95,000 $4,733 5.22%
Baraboo, WI (FHA|USDA|VA) 3 $365,000 $121,667 $3,071 5.08%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $355,000 $355,000 $2,356 4.75%
Athens, TN (FHA|USDA|VA) 2 $350,000 $175,000 $5,011 6.81%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $330,000 $165,000 $2,564 5.38%
Hannibal, MO (FHA|USDA|VA) 2 $320,000 $160,000 $3,661 5.00%
Jefferson, GA (FHA|USDA|VA) 2 $320,000 $160,000 $6,137 4.38%
HUNTSVILLE, AL (FHA|USDA|VA) 2 $310,000 $155,000 $3,079 5.69%
Shelbyville, TN (FHA|USDA|VA) 2 $300,000 $150,000 $3,507 5.13%
LIMA, OH (FHA|USDA|VA) 2 $300,000 $150,000 $3,420 5.25%
Andrews, TX (FHA|USDA|VA) 1 $295,000 $295,000 $9,547 4.63%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 3 $295,000 $98,333 $5,163 5.63%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $295,000 $295,000 $3,384 4.25%
Cookeville, TN (FHA|USDA|VA) 3 $285,000 $95,000 $4,272 5.46%
CLEVELAND, TN (FHA|USDA|VA) 2 $280,000 $140,000 $4,054 5.38%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $275,000 $275,000 $8,844 5.00%
HATTIESBURG, MS (FHA|USDA|VA) 2 $270,000 $135,000 $5,441 5.19%
Paragould, AR (FHA|USDA|VA) 2 $270,000 $135,000 $2,288 5.44%
MODESTO, CA (FHA|USDA|VA) 1 $265,000 $265,000 $7,993 5.63%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $265,000 $265,000 $12,294 4.75%
EL PASO, TX (FHA|USDA|VA) 1 $265,000 $265,000 $10,110 5.00%
GREEN BAY, WI (FHA|USDA|VA) 1 $265,000 $265,000 $2,545 5.25%
JONESBORO, AR (FHA|USDA|VA) 2 $260,000 $130,000 $4,121 5.25%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $255,000 $255,000 $5,369 4.63%
MONTGOMERY, AL (FHA|USDA|VA) 1 $255,000 $255,000 $6,579 9.50%
LOUISVILLE, KY (FHA|USDA|VA) 1 $255,000 $255,000 $3,193 4.75%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 2 $250,000 $125,000 $2,303 5.31%
Jacksonville, TX (FHA|USDA|VA) 1 $245,000 $245,000 $429 5.75%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $235,000 $235,000 $9,644 5.50%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $235,000 $235,000 $2,934 4.63%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $235,000 $235,000 $2,815 4.88%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $225,000 $225,000 $2,894 4.75%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $225,000 $225,000 $7,974 5.63%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 2 $220,000 $110,000 $3,973 4.56%
Holland, MI (FHA|USDA|VA) 1 $205,000 $205,000 $7,030 5.50%
Maysville, KY (FHA|USDA|VA) 1 $205,000 $205,000 $7,481 6.25%
Lewisburg, TN (FHA|USDA|VA) 1 $205,000 $205,000 $6,049 5.00%
LAWRENCE, KS (FHA|USDA|VA) 1 $205,000 $205,000 $5,952 5.63%
Calhoun, GA (FHA|USDA|VA) 2 $200,000 $100,000 $4,936 5.31%
Warrensburg, MO (FHA|USDA|VA) 2 $200,000 $100,000 $3,061 5.19%
Norwalk, OH (FHA|USDA|VA) 1 $195,000 $195,000 $3,491 5.00%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $195,000 $195,000 $5,864 5.13%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $185,000 $185,000 $5,352 5.75%
WICHITA FALLS, TX (FHA|USDA|VA) 1 $185,000 $185,000 $4,764 4.38%
Waycross, GA (FHA|USDA|VA) 1 $185,000 $185,000 $6,827 4.88%
Atmore, AL (FHA|USDA|VA) 1 $185,000 $185,000 $8,671 5.38%
Washington Court House, OH (FHA|USDA|VA) 1 $175,000 $175,000 $0 5.88%
Cambridge, OH (FHA|USDA|VA) 1 $175,000 $175,000 $6,516 5.38%
Borger, TX (FHA|USDA|VA) 2 $170,000 $85,000 $5,824 5.69%
Corsicana, TX (FHA|USDA|VA) 1 $165,000 $165,000 $4,494 5.00%
LAS CRUCES, NM (FHA|USDA|VA) 1 $165,000 $165,000 $3,049 4.88%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $165,000 $165,000 $4,074 5.75%
Urbana, OH (FHA|USDA|VA) 1 $165,000 $165,000 $7,175 5.75%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $165,000 $165,000 $6,245 7.50%
JACKSON, MS (FHA|USDA|VA) 1 $145,000 $145,000 $4,222 5.25%
Bonham, TX (FHA|USDA|VA) 1 $145,000 $145,000 $8,665 4.75%
DeRidder, LA (FHA|USDA|VA) 1 $145,000 $145,000 $8,922 5.63%
Harrison, AR (FHA|USDA|VA) 1 $145,000 $145,000 $2,415 5.00%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $145,000 $145,000 $4,653 5.75%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $135,000 $135,000 $7,534 8.00%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $135,000 $135,000 $3,438 4.50%
Gainesville, TX (FHA|USDA|VA) 1 $135,000 $135,000 $7,407 5.25%
OCALA, FL (FHA|USDA|VA) 1 $135,000 $135,000 $6,479 4.88%
Muskogee, OK (FHA|USDA|VA) 1 $135,000 $135,000 $4,756 5.00%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $135,000 $135,000 $1,110 8.88%
IOWA CITY, IA (FHA|USDA|VA) 1 $125,000 $125,000 $2,805 5.13%
DALTON, GA (FHA|USDA|VA) 1 $125,000 $125,000 $5,107 5.25%
Central City, KY (FHA|USDA|VA) 1 $125,000 $125,000 $3,159 5.13%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $125,000 $125,000 $5,448 5.50%
Paducah, KY-IL (FHA|USDA|VA) 1 $125,000 $125,000 $4,445 4.88%
MUSKEGON, MI (FHA|USDA|VA) 1 $115,000 $115,000 $5,098 5.00%
LAFAYETTE, LA (FHA|USDA|VA) 1 $115,000 $115,000 $5,774 4.38%
Centralia, IL (FHA|USDA|VA) 1 $115,000 $115,000 $4,246 5.63%
CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $115,000 $115,000 $3,807 4.88%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $115,000 $115,000 $3,713 5.50%
Point Pleasant, WV-OH (FHA|USDA|VA) 1 $105,000 $105,000 $5,308 5.63%
Morgan City, LA (FHA|USDA|VA) 1 $95,000 $95,000 $20 5.63%
Kerrville, TX (FHA|USDA|VA) 1 $95,000 $95,000 $6,690 5.25%
Troy, AL (FHA|USDA|VA) 1 $95,000 $95,000 $2,898 5.63%
Platteville, WI (FHA|USDA|VA) 1 $95,000 $95,000 $0 5.00%
Emporia, KS (FHA|USDA|VA) 1 $85,000 $85,000 $4,078 5.00%
WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.00%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $75,000 $75,000 $4,282 5.25%
Brownsville, TN (FHA|USDA|VA) 1 $75,000 $75,000 $4,755 5.75%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $75,000 $75,000 $4,472 5.25%
Shawano, WI (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.50%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $65,000 $65,000 $5,780 5.25%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $65,000 $65,000 $3,948 5.25%
Mountain Home, AR (FHA|USDA|VA) 1 $65,000 $65,000 $2,425 5.63%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $55,000 $55,000 $1,815 5.25%
Marshall, MO (FHA|USDA|VA) 1 $55,000 $55,000 $3,773 5.50%
Wabash, IN (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.63%
Fort Payne, AL (FHA|USDA|VA) 1 $45,000 $45,000 $954 4.75%
Das Acquisition Company's top markets include St. Louis, Springfield, Cincinnati, Columbia, and Milwaukee among others.

Their top states include:
  • Missouri (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 4,636 $929,330,000 $200,459 $3,215 4.93%
    FHA 3,119 $472,005,000 $151,332 $5,953 6.79%
    VA 831 $171,465,000 $206,336 $4,779 4.89%
    USDA 739 $90,285,000 $122,172 $4,171 4.95%

    For 2018, Das Acquisition Company's most frequently originated type of loan was Conventional, with 4,636 originations. Their 2nd most popular type was FHA, with 3,119 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 8,224 $1,439,520,000 $175,039 $4,420 5.63%
    Refi 918 $191,870,000 $209,009 $3,667 4.89%
    Cash Out Refi 163 $31,055,000 $190,521 $4,142 5.03%
    NA 11 $425,000 $38,636 $3,433 5.18%
    Other 8 $100,000 $12,500 $710 5.39%
    Home Improvement 1 $115,000 $115,000 $0 4.75%

    For 2018, Das Acquisition Company's most frequently cited loan purpose was Home Purchase, with 8,224 originations. The 2nd most popular reason was Refi, with 918 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 8,874 $1,590,300,000 $179,209 $4,406 5.60%
    15 Year 285 $47,205,000 $165,632 $2,996 4.39%
    20 Year 97 $18,495,000 $190,670 $3,226 4.71%
    10 Year 43 $2,245,000 $52,209 $1,736 4.85%
    Other 22 $4,020,000 $182,727 $2,798 5.30%
    1 Year 3 $485,000 $161,667 $3,176 5.67%
    5 Year 1 $335,000 $335,000 $6,431 6.88%

    For 2018, Das Acquisition Company's most frequently cited loan duration was 30 Year, with 8,874 originations. The 2nd most popular length was 15 Year, with 285 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 6,797 $1,204,245,000 $177,173
    $2k-3k 922 $143,100,000 $155,206
    $<1k 837 $158,625,000 $189,516
    $3k-4k 321 $58,165,000 $181,199
    $4k-5k 147 $33,305,000 $226,565
    $5k+ 93 $29,985,000 $322,419

    Das Acquisition Company's average total fees were $4,406, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 6,797 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 5,286 $1,015,090,000 $192,034
    5-6% 3,522 $528,590,000 $150,082
    3-4% 358 $91,190,000 $254,721
    6-7% 77 $12,865,000 $167,078
    7-8% 20 $4,940,000 $247,000
    Over 8% 19 $3,705,000 $195,000
    2.5-3% 5 $1,455,000 $291,000

    During 2018, Das Acquisition Company's average interest rate for loans was 5.60%, while their most frequently originated rate bucket for loans was 4-5%, with 5,286 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 4,700 $688,230,000 $146,432 $4,255 6.14%
    $200k-400k 2,462 $648,870,000 $263,554 $5,029 4.85%
    $100,000 or less 1,823 $136,075,000 $74,643 $3,432 5.15%
    $400k-600k 271 $123,925,000 $457,288 $5,312 4.70%
    $600k-1MM 60 $43,910,000 $731,833 $4,591 4.56%
    $1MM+ 9 $22,075,000 $2,452,778 $6,350 4.33%

    2018 saw Das Acquisition Company place emphasis on $100k-200k loans with 4,700 originations, totaling $688,230,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 2,911 $336,605,000 $115,632 $4,035 6.89%
    $50k-75k 2,852 $451,180,000 $158,198 $4,484 4.98%
    $75k-100k 1,454 $287,850,000 $197,971 $4,640 4.96%
    $100k-150k 1,268 $302,360,000 $238,454 $4,483 4.90%
    $150k-250k 616 $184,280,000 $299,156 $4,125 4.84%
    $250k+ 212 $97,400,000 $459,434 $4,269 4.92%

    Das Acquisition Company lent most frequently to those with incomes in the $50k or less range, with 2,911 originations. The second most popular income band? $50k-75k, with 2,852 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 1,650 $293,750,000 $178,030 $4,116 4.96%
    20-30% 1,587 $284,745,000 $179,423 $3,799 4.90%
    50-60% 845 $149,665,000 $177,118 $5,826 5.03%
    40% 424 $71,350,000 $168,278 $4,230 5.00%
    <20% 420 $74,700,000 $177,857 $3,575 4.88%
    44% 418 $73,000,000 $174,641 $4,730 17.87%
    37% 372 $67,750,000 $182,124 $4,460 4.98%
    42% 366 $70,230,000 $191,885 $4,448 5.05%
    43% 363 $62,715,000 $172,769 $4,502 4.99%
    38% 354 $59,320,000 $167,571 $4,314 4.95%
    39% 353 $58,905,000 $166,870 $4,083 5.00%
    41% 339 $60,485,000 $178,422 $4,199 4.97%
    49% 331 $60,195,000 $181,858 $4,299 4.96%
    36% 317 $57,195,000 $180,426 $4,301 4.99%
    45% 289 $53,375,000 $184,689 $4,617 5.01%
    48% 262 $49,130,000 $187,519 $4,550 5.07%
    46% 255 $49,045,000 $192,333 $4,563 4.98%
    47% 250 $44,760,000 $179,040 $4,473 5.03%
    >60% 68 $12,970,000 $190,735 $4,541 5.22%

    Das Acquisition Company lent most frequently to those with DTI ratios of 30-36%, with 1,650 originations. The next most common DTI ratio? 20-30%, with 1,587 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 8,142 $1,457,980,000 $179,069 $4,267 5.62%
    Black 633 $102,745,000 $162,314 $5,093 5.07%
    Not provided 307 $53,865,000 $175,456 $4,701 5.21%
    Asian 193 $39,545,000 $204,896 $4,096 4.83%
    American Indian 29 $5,395,000 $186,034 $5,415 5.39%
    Native Hawaiian or Islander 9 $1,115,000 $123,889 $4,515 4.92%
    Asian Indian 6 $1,000,000 $166,667 $4,041 4.71%
    Other Asian 3 $995,000 $331,667 $7,128 5.29%
    Filipino 2 $380,000 $190,000 $3,950 5.56%
    Vietnamese 1 $65,000 $65,000 $2,840 5.38%

    Approval Rates

    Total approvals of all applications
    97.45%

    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 origination
    69.67%

    Das Acquisition Company has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 2 $320,000 $160,000
    1650.0 1 $295,000 $295,000
    3394.5 1 $165,000 $165,000
    NA 9,321 $1,662,305,000 $178,340

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 219 $24,085,000 $109,977
    Single Family (1-4 Units):Site-Built 9,106 $1,639,000,000 $179,991

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 91 $11,275,000 $123,901 $2,884 4.80%
    40-60% 301 $54,625,000 $181,478 $3,246 4.75%
    60-80% 1,555 $303,605,000 $195,244 $3,356 4.97%
    80-100% 7,003 $1,209,635,000 $172,731 $4,535 5.75%
    Over 100% 334 $82,230,000 $246,198 $6,520 4.94%
    Under 20% 40 $1,320,000 $33,000 $1,075 5.33%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    DAS ACQUISITION COMPANY, LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%