St. Louis Area Mortgage Company Buys Jeff City Operation

USA Mortgage/DAS Acquisition Co. has bought Capital Mortgage Solutions in Jefferson City. USA, which is based in Creve Coeur and has made more than $1 billion in home loans each of the last five years, said it expects the Jefferson City office will add $18 million in loans in 2014.

Doug Schukar, USA’s president and chief executive, said the company’s goal “is to extend the market leadership we’ve established in the St. Louis region to mid-Missouri as we work to become Missouri’s top home lender.” Capital Mortgage Solutions has five employees.

USA employs almost 400 in 21 offices in Missouri, Illinois and Georgia.

Read more from the St. Louis Business Journal

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