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Damian Gerard Realty GroupInc. magazine has ranked St. Louis-based USA Mortgage/DAS Acquisition No. 1461 on its annual Inc. 5000, a ranking of the nation's fastest-growing private companies. It is the first time that the company has been ranked. USA Mortgage/DAS Acquisition, an independent mortgage banking company that controls all aspects of the loan-making process from origination to closing and funding, attained the ranking by growing revenues of $10.4 million in 2006 to $30.9 million in 2009, an increase of 198 percent. The company, which employs more than 200 people, ranked No. 77 nationally in its financial services category. It was the only mortgage lender based in Missouri to make the Inc. 5000 list.
“Our ability to keep the entire process in-house expedites mortgage acquisition for clients and enables us to provide extraordinary personal service,” said Doug Schukar, president and chief executive office. “When a client asks a question or requests more information, generally there’s not a long wait for the answer.”
The firm originated $1.206 billion in home loans in 2009, an all-time high and a 106 percent increase over the $586 million in loans it originated in 2008.
In addition to its headquarters in Creve Coeur, USA Mortgage has branch offices in Arnold, Creve Coeur, Old Towne St. Charles, O’Fallon, Mo., St. Louis City, South Lindbergh (St. Louis County) and Washington, Mo.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on www.inc.com/5000.