St. Louis-Based USA Mortgage/DAS Acquisition Co., LLC Ranked Among Nation’s Top 100 Privately Held Job Creators by Inc. Magazine
ST. LOUIS – Inc. magazine has ranked St. Louis-based USA Mortgage/DAS Acquisition Co., LLC among the nation’s Top 100 private job creators as part of its inaugural Hire Power Awards program.
An independent mortgage banking company structured to control all aspects of the home loan process from origination to closing and funding, USA Mortgage qualified as the No. 97 privately held job generator in the U.S. by adding 218 people to its payroll from 2008 to 2011. It had 348 employees at the end of the reporting period. The company has continued to its rapid growth in 2012, currently employing more than 450 people at 15 offices in St. Louis, out-state Missouri, Illinois and Georgia.
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After originating just over $586 million in home loans in 2008, the firm has originated more than $1 billion in home loans for four consecutive years, including 2012, a year that sees it on pace to complete lending transactions totaling $1.8 billion.
Founded in 2001 by Doug Schukar, president and chief executive officer, the financial services firm has qualified for the magazine’s Inc. 5000 ranking of the nation's fastest-growing privately held companies for three consecutive years.