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Roxboro Savings Bank

Roxboro, NC

Roxboro Savings Bank processed 137 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 90 loans with a 16.8% denial rate. Home Purchase was the primary loan purpose. Based in Roxboro, NC. The approval rate of 65.7% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. Roxboro Savings Bank processed 137 HMDA-reported mortgage applications in 2024, originating 90 loans and denying 23 for a denial rate of 16.8% (applicants themselves withdrew 22 files before a decision). The average loan amount was $343,978. The lender reports under LEI 254900YFG40I5QM6EX80 from Roxboro, NC.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Roxboro Savings Bank's 65.7% origination rate tells you how often an application turned into funded money; the 16.8% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (137 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

137
Applications
90
Originated
16.8%
Denial Rate
$343,978
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 137 90 23 $343,978

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Roxboro Savings Bank (LEI: 254900YFG40I5QM6EX80) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Credit history
10
Debt-to-income ratio
9
Other
7
Insufficient cash
2
Collateral
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 103 68 $378,301
Cash-out Refinancing 22 12 $276,364
Refinancing 6 5 $165,000
Other 6 5 $181,667

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 112 63.4% 15.2%
Black or African American 11 72.7% 27.3%
Joint 3 66.7% 33.3%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 121 65.3% 17.4%
Hispanic or Latino 6 33.3% 16.7%

Nearby Lenders in NC

Other HMDA-reporting lenders in NC with similar activity. Compare any two side-by-side.

TRUIST BANK

RALEIGH, NC

105,457 apps 35,865 originated 30.8% denied

WELLS FARGO BANK NA

WINSTON SALEM, NC

89,959 apps 37,240 originated 19.4% denied

State Employees' Credit Union

Raleigh, NC

46,508 apps 28,065 originated 23.7% denied

CARDINAL FINANCIAL COMPANY, LI

CHARLOTTE, NC

30,212 apps 15,327 originated 6.7% denied

First Ciitizens Bank and Trust

Raleigh, NC

23,256 apps 15,162 originated 21.0% denied
Compare Roxboro Savings Bank vs TRUIST BANK →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did Roxboro Savings Bank process?
Roxboro Savings Bank processed 137 mortgage applications in the 2023 HMDA reporting year. Of these, 90 were originated (approved and funded), 22 were withdrawn by the applicant, and 23 were denied.
What is Roxboro Savings Bank's mortgage approval rate?
Roxboro Savings Bank has an approval (origination) rate of 65.7%, meaning 65.7% of all applications resulted in a funded mortgage. The denial rate is 16.8%.
What is the average loan amount at Roxboro Savings Bank?
The average mortgage loan amount at Roxboro Savings Bank is $343,978.
What are the most common reasons for mortgage denial at Roxboro Savings Bank?
The most common reasons for mortgage denial at Roxboro Savings Bank are: Credit history, Debt-to-income ratio, Other. In total, 23 applications were denied out of 137 total applications.
What types of mortgage loans does Roxboro Savings Bank offer?
Roxboro Savings Bank processes Conventional loans. The most common type is Conventional with 137 applications and an average loan amount of $343,978.
What loan purposes does Roxboro Savings Bank serve?
Roxboro Savings Bank serves the following loan purposes: Home Purchase (103 applications), Cash-out Refinancing (22 applications), Refinancing (6 applications), Other (6 applications). Home Purchase is the most common purpose.
Where is Roxboro Savings Bank located?
Roxboro Savings Bank is headquartered in Roxboro, NC. The lender is identified by LEI 254900YFG40I5QM6EX80 in HMDA data.
How does Roxboro Savings Bank compare in lending across racial demographics?
Roxboro Savings Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 63.4% and denial rate of 15.2%; Black or African American applicants have an approval rate of 72.7% and denial rate of 27.3%; Joint applicants have an approval rate of 66.7% and denial rate of 33.3%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology — how this data is sourced, computed, and verified.