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Missouri Housing Development Commission Names St. Louis-Based USA Mortgage “Lender of the Year”

Missouri Housing Development Commission Names St. Louis-Based USA Mortgage “Lender of the Year”
ST. LOUIS – The Missouri Housing Development Commission (MHDC) has named St. Louis-based USA Mortgage/DAS Acquisition Company, LLC its “Lender of the Year for 2012.

“After completing an analysis of the mortgage application materials submitted by the approximately 60 lenders with whom we worked in 2012, USA Mortgage was rated highest in volume and best in on-going thoroughness and quality of submissions,” said Don Brinker, MHDC homeownership manager.

Formed in 1969, MHDC helps first-time homebuyers secure affordable financing to make the dream of home ownership a reality. It has sponsored the awards program since 2007.   

USA Mortgage/DAS is the #1 home lending institution in metro St. Louis, Mo.  It currently participates in one out of every 12 home loans executed in the region according to Doug Schukar, president and chief executive officer. The firm set an all-time high of $1.75 billion in loan originations in 2012, a 60% increase over the $1.1 billion it booked in 2011 and the fourth consecutive year that USA has crossed the $1 billion loan threshold.

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