Roxboro Savings Bank Ssb Mortgage Rates, Fees & Info
Roxboro, NCLEI: 254900YFG40I5QM6EX80
Tax ID: 56-0384190
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Roxboro Savings Bank Ssb is a smaller bank specializing in Home Purchase loans. Roxboro Savings Bank Ssb has a high proportion of conventional loans. Their top two markets are Durham and Burlington .Roxboro Savings Bank Ssb has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
90Origination Dollar Volume (All Markets)
$31,080,000Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 78 | $27,300,000 | $350,000 | $0 | 0.00% |
| BURLINGTON, NC (FHA|USDA|VA) | 5 | $2,065,000 | $413,000 | $0 | 0.00% |
| Outside of Metro Areas | 7 | $1,715,000 | $245,000 | $0 | 0.00% |
Their top states include:
Similar Lenders
We use machine learning to identify the top lenders compared against Roxboro Savings Bank SSB based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 550
Similarity Rank: 936
Similarity Rank: 936
Similarity Rank: 1452
Similarity Rank: 1470
Similarity Rank: 1780
Similarity Rank: 1944
Similarity Rank: 2064
Similarity Rank: 2256
Similarity Rank: 2806
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 90 | $31,080,000 | $345,333 | $0 | 0.00% |
For 2024, Roxboro Savings Bank Ssb's most frequently originated type of loan was Conventional, with 90 originations.
Loan Reason
For 2024, Roxboro Savings Bank Ssb's most frequently cited loan purpose was Home Purchase, with 68 originations. The 2nd most popular reason was Cash Out Refi, with 12 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 90 | $31,080,000 | $345,333 | $0 | 0.00% |
For 2024, Roxboro Savings Bank Ssb's most frequently cited loan duration was Other, with 90 originations.
Loan Sizing
2024 saw Roxboro Savings Bank Ssb place emphasis on $200k-400k loans with 32 originations, totaling $9,210,000 in origination value.
Applicant Income
Roxboro Savings Bank Ssb lent most frequently to those with incomes in the $100k-150k range, with 19 originations. The second most popular income band? $150k-250k, with 19 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 90 | $31,080,000 | $345,333 | $0 | 0.00% |
Roxboro Savings Bank Ssb lent most frequently to those with DTI ratios of Exempt%, with 90 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications83.21%
Roxboro Savings Bank Ssb has a below average approval rate.
Pick Rate
Approvals leading to origination74.44%
Roxboro Savings Bank Ssb has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 90 | $31,080,000 | $345,333 |