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, Burlington, Morehead City, Raleigh, and Greensboro among others. We have data for 6 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
113Origination Dollar Volume (All Markets)
$30,895,000Top 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) | 95 | $24,905,000 | $262,158 | $0 | 0.00% |
| Outside of Metro Areas | 7 | $2,425,000 | $346,429 | $0 | 0.00% |
| BURLINGTON, NC (FHA|USDA|VA) | 6 | $2,130,000 | $355,000 | $0 | 0.00% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $0 | 0.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $0 | 0.00% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $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.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 113 | $30,895,000 | $273,407 | $0 | 0.00% |
For 2022, Roxboro Savings Bank Ssb's most frequently originated type of loan was Conventional, with 113 originations.
Loan Reason
For 2022, Roxboro Savings Bank Ssb's most frequently cited loan purpose was Home Purchase, with 69 originations. The 2nd most popular reason was Cash Out Refi, with 27 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 113 | $30,895,000 | $273,407 | $0 | 0.00% |
For 2022, Roxboro Savings Bank Ssb's most frequently cited loan duration was Other, with 113 originations.
Loan Sizing
2022 saw Roxboro Savings Bank Ssb place emphasis on $200k-400k loans with 44 originations, totaling $12,570,000 in origination value.
Applicant Income
Roxboro Savings Bank Ssb lent most frequently to those with incomes in the $50k-75k range, with 21 originations. The second most popular income band? $50k or less, with 20 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 113 | $30,895,000 | $273,407 | $0 | 0.00% |
Roxboro Savings Bank Ssb lent most frequently to those with DTI ratios of Exempt%, with 113 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications84.67%
Roxboro Savings Bank Ssb has a below average approval rate.
Pick Rate
Approvals leading to origination87.61%
Roxboro Savings Bank Ssb has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 113 | $30,895,000 | $273,407 |