All US Citizens and permanent residents with a valid I-551 card are eligible.
DRB stands for Darien Rowayton Bank, a well-capitalized FDIC-insured community bank based in Darien, Connecticut, a Fairfield County suburb located about 45 miles from midtown Manhattan. We specialize in serving professionals and executives, nationwide by internet and phone, in addition to our brick & mortar bank branches here in Connecticut.
DRB offers flexible loans with low rates . Additionally, with origins as a community bank, DRB has always had a strong focus on customer service. When you call with a question, you speak with a representative at the bank with the ability to help you with all of your questions.
The borrowing process is actually quite simple:
1. Fill out an online application which takes approximately 5 minutes. Once you authorize a credit check, you will receive approved terms- pending documentation verification.
2. Provide documentation as required by underwriter listed in the instructions of your approved terms email.
3. DRB provides a final disclosure and promissory note to e-sign.
4. Loan is disbursed on the date shown in your final Truth In Lending statement.
1. Photo ID.
2. Proof of income (pay stubs or signed offer letter, or in some special cases other documents).
3. Utility Bill.
There is no catch. DRB has been lending to our customers for years, and we recognize that the best borrowers are extremely low risk. Low Risk = Low Rates.
The minimum loan amount is $1,000. The maximum loan size is $35,000 for loan purposes of Auto Purchase, Business, Green Loan, Moving Expenses, and Other. The maximum loan amount is $45,000 for loan purposes of Debt Consolidation, Major Purchase, and Home Improvement. Additional proof of use documentation is required to be eligible for loan amounts in excess of $35,000.
You do not need a cosigner, but if you do not meet DRB’s credit underwriting criteria on your own, a cosigner can be used to improve the likelihood you will be approved for the DRB Loan. For example, if your FICO score is below the minimum required, a cosigner’s higher credit score (and verified income) can potentially get the loan approved.
No. DRB’s personal loan products are not currently eligible for forgiveness.
No. These are the available loan terms.
If you provide your servicer or lender authorization to withdraw your monthly payments from a bank account your rate will be decreased by 0.25%. If, however, you stop using Automatic Payment, then your rates will go back to their original levels.
Yes, DRB is able to finance loans in all 50 states.
Yes, and it is easy to do. Simply get approved and funded by DRB and then use the loan to pay off your existing loan. It is important to check for any fees that may apply for early repayment on your existing loan.
Our personal loan application is hosted by our technology partner DocuSign. After you click Apply Now below you will be transferred to DocuSign’s website where you will be prompted to verify your identity and fill out an online application. After you submit the application, a DRB representative will be in touch within a few days to explain the next steps.APPLY NOW
If you require any further assistance, you may email us or 855.201.2042.