As is often the case, we partner with other financial institutions for payment administration. The short version is that after your loan is finalized, a new institution will begin collecting your payments, handling your escrow accounts, and answering your questions. But don’t worry, we have you covered!
How do I make a payment?
Make a payment to USA Mortgage.
Making a payment to USA Mortgage.
At your closing, you should have received 2 payment coupons payable to DAS Acquisition Company, LLC. Your 1st payment should be made payable to “DAS Acquisition Company, LLC” and mailed to the address below:
DAS Acquisition Company, LLC
Attn: Servicing Department
12140 Woodcrest Executive, Suite 150
St. Louis, MO 63141
Or you can pay online.
Once your loan servicing has been transferred, you will receive a letter from both DAS Acquisition Company and the partner financial institution indicating where to mail your payments going forward. Please continue making your monthly payment to DAS Acquisition Company until your first payment is due to the new institution.
It’s all good — we have you covered. DAS Acquisition Company will forward your payment to the partner financial institution. (And if you paid another financial institution and should have paid DAS Acquisition Company, we’ll work with the partner financial institution to receive payment and contact you if anything further is needed.)
Thanks to the Real Estate Settlement Procedures Act (RESPA), homeowners have a short grace period post transfer to protect borrowers who send their mortgage payments to their old servicers accidentally. As long as DAS Acquisition Company or the partner financial institution receives your payment by the due date, you will not be assessed a penalty.
Questions?
Please contact your Mortgage Loan Originator or DAS Customer Service.
DAS Customer Service (314) 628-2213
