Fidelity Bank Mortgage Rates, Fees & Info

Wichita, KS

LEI: 549300L9MOPDT0NKE883

Tax ID: 48-0630879

5 stars - Updated: 10/29/24 - out of 5 stars, based on 34 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Fidelity Bank is a smaller bank specializing in Home Purchase loans. Fidelity Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Wichita, Kansas City, Oklahoma City, Wichita Falls, and San Angelo among others. We have data for 76 markets. (Some data included below & more in-depth data is available with an active subscription.)

Fidelity Bank 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. Fidelity Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.27% 10/29/24
30 Year Conventional Purchase 6.61% 10/29/24
30 Year Conventional Refi 6.47% 10/29/24
30 Year Cash-out Refi 6.59% 10/29/24
30 Year FHA Purchase 7.41% 10/29/24
30 Year FHA Refi 6.92% 10/29/24
30 Year VA Purchase 6.31% 10/29/24
30 Year VA Refi 6.27% 10/29/24
30 Year USDA Purchase 6.75% 10/29/24
15 Year Conventional Purchase 6.11% 10/29/24
15 Year Conventional Refi 6.03% 10/29/24
15 Year Cash-out Refi 6.03% 10/29/24
15 Year FHA Purchase 5.68% 10/29/24
15 Year FHA Refi 5.68% 10/29/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Fidelity Bank Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Fidelity Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

1,174

Origination Dollar Volume (All Markets)

$304,490,000
Show all (6) awards

Relative Rate

Fidelity Bank's average 30 year fixed mortgage rate was 6.99%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.51%.

Relative Fees (Closing Costs)

Fidelity Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $4,013.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

Top 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
WICHITA, KS (FHA|USDA|VA) 694 $139,750,000 $201,369 $3,844 7.00%
KANSAS CITY, MO-KS (FHA|USDA|VA) 183 $61,805,000 $337,732 $3,091 7.13%
OKLAHOMA CITY, OK (FHA|USDA|VA) 133 $27,545,000 $207,105 $1,770 8.03%
WICHITA FALLS, TX (FHA|USDA|VA) 2 $18,110,000 $9,055,000 $0 6.15%
SAN ANGELO, TX (FHA|USDA|VA) 1 $10,305,000 $10,305,000 $0 7.11%
TULSA, OK (FHA|USDA|VA) 25 $6,745,000 $269,800 $4,772 7.81%
Outside of Metro Areas 25 $6,425,000 $257,000 $3,509 7.49%
LAWRENCE, KS (FHA|USDA|VA) 11 $3,785,000 $344,091 $2,374 7.24%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $2,230,000 $557,500 $5,380 6.72%
Bozeman, MT (FHA|USDA|VA) 1 $2,005,000 $2,005,000 $8,195 6.25%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 3 $1,565,000 $521,667 $10,442 6.75%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $1,480,000 $740,000 $7,577 6.56%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 3 $1,235,000 $411,667 $4,930 7.29%
ST. LOUIS, MO-IL (FHA|USDA|VA) 10 $1,230,000 $123,000 $2,946 6.99%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $965,000 $965,000 $0 6.88%
WACO, TX (FHA|USDA|VA) 2 $950,000 $475,000 $3,921 6.31%
WORCESTER, MA-CT (FHA|USDA|VA) 2 $930,000 $465,000 $6,545 7.50%
MANHATTAN, KS (FHA|USDA|VA) 4 $890,000 $222,500 $2,695 6.83%
Winfield, KS (FHA|USDA|VA) 3 $795,000 $265,000 $3,737 6.46%
ASHEVILLE, NC (FHA|USDA|VA) 1 $725,000 $725,000 $5,125 6.00%
McPherson, KS (FHA|USDA|VA) 2 $720,000 $360,000 $3,181 6.94%
Moscow, ID (FHA|USDA|VA) 1 $665,000 $665,000 $3,165 6.38%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $560,000 $280,000 $15,033 6.94%
Los Alamos, NM (FHA|USDA|VA) 1 $545,000 $545,000 $4,898 7.88%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $485,000 $485,000 $19,645 6.13%
BELLINGHAM, WA (FHA|USDA|VA) 1 $485,000 $485,000 $3,944 6.50%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $455,000 $455,000 $2,437 6.50%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $445,000 $445,000 $7,330 7.63%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $425,000 $425,000 $3,893 7.38%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $420,000 $210,000 $3,048 7.37%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $415,000 $415,000 $5,174 8.00%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $405,000 $405,000 $0 7.74%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 2 $400,000 $200,000 $6,159 7.00%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $390,000 $195,000 $3,714 7.37%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $385,000 $385,000 $11,208 7.13%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $385,000 $385,000 $4,936 6.50%
Wilson, NC (FHA|USDA|VA) 1 $385,000 $385,000 $12,258 5.75%
Bogalusa, LA (FHA|USDA|VA) 1 $375,000 $375,000 $12,545 6.25%
Sandpoint, ID (FHA|USDA|VA) 1 $365,000 $365,000 $5,910 6.88%
TOPEKA, KS (FHA|USDA|VA) 2 $340,000 $170,000 $2,499 7.25%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $325,000 $325,000 $4,556 6.88%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $325,000 $325,000 $0 7.50%
COLUMBIA, MO (FHA|USDA|VA) 1 $315,000 $315,000 $2,085 7.25%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $305,000 $305,000 $2,814 7.13%
Show Low, AZ (FHA|USDA|VA) 1 $295,000 $295,000 $4,714 7.88%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $295,000 $295,000 $10,643 6.38%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $285,000 $285,000 $3,122 7.38%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $285,000 $285,000 $5,099 6.88%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $285,000 $285,000 $3,897 7.00%
WILMINGTON, NC (FHA|USDA|VA) 1 $245,000 $245,000 $1,669 3.63%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $195,000 $195,000 $0 7.50%
Salina, KS (FHA|USDA|VA) 1 $195,000 $195,000 $1,640 5.88%
Ottawa, KS (FHA|USDA|VA) 2 $180,000 $90,000 $0 7.50%
Warrensburg, MO (FHA|USDA|VA) 1 $175,000 $175,000 $2,666 7.25%
Bartlesville, OK (FHA|USDA|VA) 1 $175,000 $175,000 $6,952 6.13%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $165,000 $165,000 $1,273 5.50%
EspaƱola, NM (FHA|USDA|VA) 1 $155,000 $155,000 $3,885 6.25%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $155,000 $155,000 $3,152 6.00%
Branson, MO (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.00%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $145,000 $145,000 $3,264 7.13%
Marquette, MI (FHA|USDA|VA) 1 $135,000 $135,000 $3,626 7.38%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $135,000 $135,000 $5,962 7.13%
ROCHESTER, MN (FHA|USDA|VA) 2 $130,000 $65,000 $0 7.24%
Mountain Home, AR (FHA|USDA|VA) 1 $125,000 $125,000 $2,344 7.25%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $115,000 $115,000 $3,132 5.88%
Waycross, GA (FHA|USDA|VA) 1 $105,000 $105,000 $3,066 6.13%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $105,000 $105,000 $4,655 5.88%
WENATCHEE, WA (FHA|USDA|VA) 1 $105,000 $105,000 $228 7.75%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $75,000 $75,000 $457 8.12%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $65,000 $65,000 $2,727 5.75%
Dodge City, KS (FHA|USDA|VA) 1 $45,000 $45,000 $2,470 6.50%
Hutchinson, KS (FHA|USDA|VA) 1 $45,000 $45,000 $0 7.29%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $45,000 $45,000 $530 6.75%
Ada, OK (FHA|USDA|VA) 1 $35,000 $35,000 $730 8.74%
Guymon, OK (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.74%
ENID, OK (FHA|USDA|VA) 1 $25,000 $25,000 $490 8.87%
Fidelity Bank's top markets include Wichita, Kansas City, Oklahoma City, Wichita Falls, and San Angelo among others.

Their top states include:
  • Kansas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 718 $232,490,000 $323,802 $2,948 6.93%
    HELOC 318 $39,230,000 $123,365 n/a 7.92%
    FHA 92 $19,060,000 $207,174 $6,685 6.65%
    VA 44 $13,180,000 $299,545 $7,563 6.48%
    USDA 2 $530,000 $265,000 $6,161 6.88%

    For 2023, Fidelity Bank's most frequently originated type of loan was Conventional, with 718 originations. Their 2nd most popular type was HELOC, with 318 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 728 $220,190,000 $302,459 $3,961 6.79%
    Home Improvement 221 $48,115,000 $217,715 $782 7.86%
    Other 111 $12,035,000 $108,423 $1,731 8.08%
    Refi 83 $17,035,000 $205,241 $2,722 7.43%
    Cash Out Refi 31 $7,115,000 $229,516 $4,488 6.85%

    For 2023, Fidelity Bank's most frequently cited loan purpose was Home Purchase, with 728 originations. The 2nd most popular reason was Home Improvement, with 221 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 932 $231,380,000 $248,262 $4,013 6.99%
    Other 99 $18,165,000 $183,485 $1,157 7.79%
    20 Year 73 $7,355,000 $100,753 $1,049 8.15%
    15 Year 39 $6,635,000 $170,128 $1,780 7.54%
    5 Year 14 $28,130,000 $2,009,286 $383 7.03%
    10 Year 13 $2,305,000 $177,308 $361 7.37%
    1 Year 3 $215,000 $71,667 $0 8.37%
    3 Year 1 $10,305,000 $10,305,000 $0 7.11%

    For 2023, Fidelity Bank's most frequently cited loan duration was 30 Year, with 932 originations. The 2nd most popular length was Other, with 99 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 549 $151,745,000 $276,403
    $1k-2k 129 $26,985,000 $209,186
    $2k-3k 42 $10,680,000 $254,286
    $3k-4k 20 $5,280,000 $264,000
    $5k+ 9 $3,915,000 $435,000
    $4k-5k 4 $1,330,000 $332,500

    Fidelity Bank's average total fees were $4,013, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 549 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 492 $148,280,000 $301,382
    7-8% 416 $102,480,000 $246,346
    Over 8% 149 $16,445,000 $110,369
    5-6% 112 $35,520,000 $317,143
    4-5% 2 $1,180,000 $590,000
    3-4% 2 $320,000 $160,000
    <2.5% 1 $265,000 $265,000

    During 2023, Fidelity Bank's average interest rate for loans was 6.99%, while their most frequently originated rate bucket for loans was 6-7%, with 492 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 363 $53,505,000 $147,397 $3,440 6.94%
    $100,000 or less 328 $19,410,000 $59,177 $1,735 7.76%
    $200k-400k 317 $88,375,000 $278,785 $4,395 6.95%
    $400k-600k 108 $50,720,000 $469,630 $4,571 6.90%
    $600k-1MM 40 $28,880,000 $722,000 $3,823 6.75%
    $1MM+ 18 $63,600,000 $3,533,333 $4,576 6.60%

    2023 saw Fidelity Bank place emphasis on $100k-200k loans with 363 originations, totaling $53,505,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 268 $54,960,000 $205,075 $4,076 7.23%
    $150k-250k 229 $58,615,000 $255,961 $3,696 7.40%
    $50k-75k 177 $23,715,000 $133,983 $3,401 6.92%
    $75k-100k 175 $31,055,000 $177,457 $3,887 7.04%
    $250k+ 126 $56,020,000 $444,603 $3,441 7.23%
    $50k or less 102 $9,960,000 $97,647 $3,101 6.72%

    Fidelity Bank lent most frequently to those with incomes in the $100k-150k range, with 268 originations. The second most popular income band? $150k-250k, with 229 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 228 $46,690,000 $204,781 $3,461 7.09%
    20-30% 199 $39,815,000 $200,075 $3,396 6.91%
    44% 90 $16,320,000 $181,333 $3,405 7.30%
    <20% 64 $13,870,000 $216,719 $3,124 7.10%
    43% 62 $12,770,000 $205,968 $3,489 7.39%
    42% 60 $11,780,000 $196,333 $4,051 7.36%
    39% 51 $12,155,000 $238,333 $3,527 7.30%
    36% 46 $12,390,000 $269,348 $3,633 7.19%
    40% 40 $10,410,000 $260,250 $3,124 7.53%
    37% 39 $7,905,000 $202,692 $4,132 7.27%
    41% 38 $7,940,000 $208,947 $2,967 7.34%
    38% 33 $6,385,000 $193,485 $3,261 7.44%
    46% 27 $7,305,000 $270,556 $4,013 6.75%
    49% 27 $8,485,000 $314,259 $3,735 6.98%
    45% 24 $5,540,000 $230,833 $3,645 7.11%
    50-60% 24 $6,910,000 $287,917 $7,912 6.65%
    47% 21 $5,805,000 $276,429 $4,697 6.73%
    48% 15 $3,415,000 $227,667 $4,152 6.84%
    >60% 3 $785,000 $261,667 $7,484 7.87%

    Fidelity Bank lent most frequently to those with DTI ratios of 30-36%, with 228 originations. The next most common DTI ratio? 20-30%, with 199 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 860 $183,800,000 $213,721 $3,628 7.14%
    Not applicable 79 $67,015,000 $848,291 $7,925 7.46%
    Not provided 157 $32,985,000 $210,096 $3,590 7.07%
    Asian 33 $10,575,000 $320,455 $5,071 7.01%
    Black 22 $5,720,000 $260,000 $5,199 7.41%
    American Indian 20 $3,750,000 $187,500 $3,218 7.26%
    Native Hawaiian or Islander 2 $470,000 $235,000 $3,171 7.06%
    Asian Indian 1 $175,000 $175,000 $0 8.13%

    Approval Rates

    Total approvals of all applications
    83.77%

    Fidelity Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    84.67%

    Fidelity Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,174 $304,490,000 $259,361

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,174 $304,490,000 $259,361

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 191 $38,975,000 $204,058 $1,894 7.70%
    40-60% 110 $35,690,000 $324,455 $3,302 7.03%
    60-80% 258 $101,370,000 $392,907 $3,645 6.85%
    80-100% 413 $107,985,000 $261,465 $4,018 6.79%
    Over 100% 16 $5,310,000 $331,875 $12,367 6.56%
    Under 20% 186 $15,160,000 $81,505 $936 7.97%