USA Mortgage Again Ranked Missouri’s #1 Home Lender in 2016​

St. Louis-based USA Mortgage is once again the #1 home lending institution in the state of Missouri according to data compiled for calendar year 2016 by CoreLogic Marketrac®, a national financial analytics firm. It is the third consecutive year that the mortgage subsidiary of DAS Acquisition Company, LLC has earned the rank. DAS was founded in 2001 by Doug Schukar, president and chief executive officer.

“We re-doubled our focus on the purchase market in 2016, a strategy that paid off as our statewide market share exceeded the combined total of our second- and third-ranking peers,” noted Schukar.

Overall Market Dominance

In closing 6,547 loans across Missouri last year, USA finished with a 4.98% market share meaning that it issued one of every 20 home loans made in the state.

In the new purchase loan (non-refinance) sector, the company closed 4,089 loans (nearly 1 of every 14 such sales) to capture a 6.92% market share statewide.

USA’s loan volume in Missouri was $1.206 billion in 2016. Nationally, where USA/DAS is licensed in 21 states and employs approximately 400 home loan professionals, the company totaled $1.66 billion in loan volume in 2016. It is the eighth consecutive year that the firm has crossed the $1 billion loan threshold.

Focus on Relationship-Based Marketing

A differentiator for the firm in today’s digital marketing era is its commitment to traditional face-to-face relationship-based marketing. Unlike its competitors, who invest in mass media advertising to drive customers to websites or call centers, licensed USA Mortgage loan officers are expected to know their clients by name and to source prospective clients by being visible in their communities. Schukar says USA Mortgage staffers are active in hundreds of charitable groups and civic betterment organizations across Missouri.