President and CEO, Douglas A. Schukar, took ownership of USA Mortgage in April 2001. Teamed with COO, Linda Pring, the two navigated the one St. Louis oce of 50+ employees to become the St. Louis Business Journal’s Top Lender in St. Louis all while opening over 20 additional licensed oce locations throughout the nation. Schukar and Pring attribute the company’s great success to their now 500+ employees. The company’s belief in their employees proves true, as USA Mortgage was also named by the St. Louis Business Journal as a Best Places to Work since 2014. Full Service Mortgage Bank In-house operations such as processing, underwriting, closing and funding means that we have total control of your mortgage transaction. With the largest portfolio of loan products available, we are likely to have the perfect loan for you. #1 Mortgage Bank in Missouri for 3 Consecutive Years In 2016, we had a 5% market share, meaning we issued one out of every 20 home loans made in Missouri. USA Mortgage has also been number one in USDA loans for 6 consecutive years and MHDC Lender of the Year since 2010.
Employee Stock Ownership Program (ESOP) DAS Acquisition is a 100% employee-owned ESOP. ESOPs are qualified retirement plans regulated by the Federal Government. It is similar to a profit sharing plan, except it is designed to invest primarily in company stock. The Employee Stock Ownership Program began in 2017. Becoming an ESOP allowed DAS Acquisition to remain independent and preserve our legacy and culture. See what our employees thing about becoming an ESOP below.
$1 Billion Lender USA Mortgage has had over $1 billion in loan volume for the last 9 years. In 2016, we closed over 6,547 loans across Missouri.
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