A St. Louis-based mortgage banking firm more than doubled its originations and exceeded $1 billion in volume.
The firm, USA Mortgage, reported today $1.206 billion in residential production during 2009. The prior year, volume was $0.586 billion.
The company is a division of 220-employee DAS Acquisition Company LLC — which claims to be the biggest mortgage banker in metropolitan St. Louis.
In the statement, USA Mortgage President and Chief Executive Officer Doug Schukar attributed the growth to a “hard-working, talented and customer-focused team.”
“Personal referrals continue to be our primary source of new business — a testimony to the cost efficiency of our operation and to the quality of the customer experience that our loan officers and the people supporting them routinely provide,” Schukar said in the statement.
