Loans & Home Equity Lines

Secured Personal Loans

Secured Personal Loans

  • $2,500 minimum loan amount
  • Loan proceeds normally available same day, payable to you or designated party
  • Terms are flexible, up to 5 years for most secured loans and longer for home equity term loans, manufactured home loans and land loans
  • Highly competitive rates, typically fixed, which vary depending on collateral, borrower’s credit history and repayment term
  • Loans are fixed rate, except those secured by a Roxboro Savings Bank CD (2% above the rate being paid on the CD; interest rate floor or minimum may apply)
  • Payments can be made in person at either branch office, by mail, or by automatic deduction from a Roxboro Savings Bank checking or savings account*

*Automatic deductions can also be made from accounts at other financial institutions.

 For more information, please connect with us at either of our offices at 1 (866) 601-6070, or contactus@roxborosavings.com

 

Auto Loans

Auto Loans

  • Our auto loans are competitively priced and available for late model vehicles
  • Contact any of our loan officers for more information – (336) 599-2137

 

Overdraft Protection

Overdraft Protection

  • A revolving line of credit designed to cover drafts or checks that cause your checking account to overdraw
  • Fixed interest rate – currently at 18%
  • Can be repaid in monthly installments or in full at any time
  • Available only with a Roxboro Savings Bank checking account

 For more information, please connect with us at either of our offices at 1 (866) 601-6070, or contactus@roxborosavings.com

Home Equity Lines of Credit

Home Equity Lines of Credit

  • Credit limits from $5,000 and up
  • Line is secured by a first or second mortgage on your primary personal residence
  • Lines less than $25,000 have a variable rate of Prime plus 1.00% and lines from 25,000 to $49,999 have a variable rate of Prime plus 0.50%
  • Lines of $50,000 or more have a variable rate of Prime
  • Line can be accessible for as long as 15 years
  • Easy access using free custom checks
  • Monthly statements with payments due of 1.5% of the outstanding balance or $100, whichever is greater**
  • If the line has no balance, a payment will not be due
  • Payments can be made in person at either branch office, by mail, or by automatic deduction from a Roxboro Savings Bank checking or savings account***

*Consult your tax advisor **Interest only option may also be available to qualified borrowers ***Automatic deductions can also be made from accounts at other financial institutions For more information, please connect with us at either of our offices at 1 (866) 601-6070, or contactus@roxborosavings.com