Roxboro Savings Bank Ssb Mortgage Rates, Fees & Info
Roxboro, NCLEI: 254900YFG40I5QM6EX80
Tax ID: 56-0384190
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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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 markets by origination volume include: Durham, Raleigh, Burlington, Morehead City, and Wilmington among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)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.
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Originations
105Origination Dollar Volume (All Markets)
$32,085,000Top 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) | 93 | $28,895,000 | $310,699 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $1,320,000 | $330,000 | $0 | 0.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $0 | 0.00% |
| BURLINGTON, NC (FHA|USDA|VA) | 4 | $670,000 | $167,500 | $0 | 0.00% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Danville, VA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
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.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 104 | $31,140,000 | $299,423 | $0 | 0.00% |
| HELOC | 1 | $945,000 | $945,000 | n/a | 0.00% |
For 2023, Roxboro Savings Bank Ssb's most frequently originated type of loan was Conventional, with 104 originations. Their 2nd most popular type was HELOC, with 1 originations.
Loan Reason
For 2023, Roxboro Savings Bank Ssb's most frequently cited loan purpose was Home Purchase, with 73 originations. The 2nd most popular reason was Cash Out Refi, with 16 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 105 | $32,085,000 | $305,571 | $0 | 0.00% |
For 2023, Roxboro Savings Bank Ssb's most frequently cited loan duration was Other, with 105 originations.
Loan Sizing
2023 saw Roxboro Savings Bank Ssb place emphasis on $200k-400k loans with 37 originations, totaling $10,735,000 in origination value.
Applicant Income
Roxboro Savings Bank Ssb lent most frequently to those with incomes in the $150k-250k range, with 23 originations. The second most popular income band? $100k-150k, with 21 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 104 | $31,140,000 | $299,423 | $0 | 0.00% |
Roxboro Savings Bank Ssb lent most frequently to those with DTI ratios of Exempt%, with 104 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.49%
Roxboro Savings Bank Ssb has an average approval rate.
Pick Rate
Approvals leading to origination79.05%
Roxboro Savings Bank Ssb has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 104 | $31,140,000 | $299,423 |
| NA | 1 | $945,000 | $945,000 |