Fidelity Savings And Loan Association Of Bucks County Mortgage Rates, Fees & Info

Bristol, PA

LEI: 549300RC26VP3E9DLV94

Tax ID: 23-0577095

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Fidelity Savings And Loan Association Of Bucks County is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. Fidelity Savings And Loan Association Of Bucks County has a high proportion of conventional loans. Their top two markets are Philadelphia and Scranton .

    Fidelity Savings And Loan Association Of Bucks County has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders. Fidelity Savings And Loan Association Of Bucks County 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 about average 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.

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    Originations

    74

    Origination Dollar Volume (All Markets)

    $9,580,000

    Employee count

    15

    Awards

    FIDELITY SAVINGS AND LOAN ASSOCIATION OF BUCKS COUNTY 30 Year Conventional Loans gold FIDELITY SAVINGS AND LOAN ASSOCIATION OF BUCKS COUNTY 30 Year Conventional Loans bronze FIDELITY SAVINGS AND LOAN ASSOCIATION OF BUCKS COUNTY 30 Year Conventional Loans silver
    Show all (3) awards

    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
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 73 $9,425,000 $129,110 $4,045 3.88%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $155,000 $155,000 $0 3.99%
    Fidelity Savings And Loan Association Of Bucks County's top markets include Philadelphia and Scranton among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against FIDELITY SAVINGS AND LOAN ASSOCIATION OF BUCKS COUNTY based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Iron Workers Savings Bank
    Similarity Rank: 63
    Haddon Savings Bank
    Similarity Rank: 116
    FIDELITY SAVINGS AND LOAN ASSOCIATION OF BUCKS COUNTY
    Similarity Rank: 126
    ABERDEEN PROVING GROUND FEDERAL CREDIT UNION
    Similarity Rank: 135
    Columbia Bank
    Similarity Rank: 136
    WASHINGTON SAVINGS BANK
    Similarity Rank: 225
    COMMUNITY POWERED
    Similarity Rank: 228
    Penn Community Bank
    Similarity Rank: 576
    Third Federal Savings and Loan Association of Cleveland
    Similarity Rank: 614
    ESSA Bank & Trust
    Similarity Rank: 710

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 74 $9,580,000 $129,459 $4,045 3.88%

    For 2018, Fidelity Savings And Loan Association Of Bucks County's most frequently originated type of loan was Conventional, with 74 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 31 $1,755,000 $56,613 $0 3.58%
    Cash Out Refi 26 $4,980,000 $191,538 $2,827 4.20%
    Home Purchase 12 $2,170,000 $180,833 $4,333 4.11%
    Refi 5 $675,000 $135,000 $5,793 3.57%

    For 2018, Fidelity Savings And Loan Association Of Bucks County's most frequently cited loan purpose was Home Improvement, with 31 originations. The 2nd most popular reason was Cash Out Refi, with 26 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 27 $4,675,000 $173,148 $11,061 4.33%
    5 Year 16 $760,000 $47,500 $0 2.98%
    30 Year 13 $2,165,000 $166,538 $3,189 4.40%
    10 Year 9 $975,000 $108,333 $0 3.64%
    Other 5 $835,000 $167,000 $6,495 3.50%
    3 Year 2 $40,000 $20,000 $0 2.87%
    20 Year 2 $130,000 $65,000 $2,398 4.75%

    For 2018, Fidelity Savings And Loan Association Of Bucks County's most frequently cited loan duration was 15 Year, with 27 originations. The 2nd most popular length was 5 Year, with 16 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 9 $1,735,000 $192,778

    Fidelity Savings And Loan Association Of Bucks County's average total fees were $3,189, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 9 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 43 $4,555,000 $105,930
    2.5-3% 15 $685,000 $45,667
    4-5% 12 $1,940,000 $161,667
    5-6% 2 $460,000 $230,000
    6-7% 2 $1,940,000 $970,000

    During 2018, Fidelity Savings And Loan Association Of Bucks County's average interest rate for loans was 4.40%, while their most frequently originated rate bucket for loans was 3-4%, with 43 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 43 $1,895,000 $44,070 $3,011 3.60%
    $100k-200k 15 $2,065,000 $137,667 $3,515 4.03%
    $200k-400k 15 $3,965,000 $264,333 $4,682 4.32%
    $1MM+ 1 $1,655,000 $1,655,000 $0 7.00%

    2018 saw Fidelity Savings And Loan Association Of Bucks County place emphasis on $100,000 or less loans with 43 originations, totaling $1,895,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 17 $1,145,000 $67,353 $2,568 3.74%
    $100k-150k 14 $2,000,000 $142,857 $3,208 3.91%
    $150k-250k 13 $1,885,000 $145,000 $7,876 3.68%
    $50k or less 12 $760,000 $63,333 $3,518 4.02%
    $75k-100k 12 $840,000 $70,000 $2,722 3.51%
    $250k+ 3 $685,000 $228,333 $3,456 3.66%

    Fidelity Savings And Loan Association Of Bucks County lent most frequently to those with incomes in the $50k-75k range, with 17 originations. The second most popular income band? $100k-150k, with 14 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 19 $1,755,000 $92,368 $3,919 3.66%
    30-36% 15 $2,055,000 $137,000 $4,542 3.79%
    <20% 13 $1,495,000 $115,000 $4,879 3.75%
    41% 4 $220,000 $55,000 $2,311 3.81%
    40% 3 $275,000 $91,667 $2,706 3.66%
    36% 3 $335,000 $111,667 $0 3.25%
    42% 3 $145,000 $48,333 $0 3.75%
    43% 3 $225,000 $75,000 $2,377 3.88%
    44% 3 $115,000 $38,333 $0 3.66%
    37% 2 $250,000 $125,000 $0 3.99%
    38% 1 $225,000 $225,000 $2,722 4.63%
    50-60% 1 $85,000 $85,000 $0 3.99%

    Fidelity Savings And Loan Association Of Bucks County lent most frequently to those with DTI ratios of 20-30%, with 19 originations. The next most common DTI ratio? 30-36%, with 15 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 68 $7,020,000 $103,235 $4,045 3.79%
    Not applicable 3 $2,265,000 $755,000 $0 6.58%
    Asian 1 $135,000 $135,000 $0 3.50%
    Chinese 1 $135,000 $135,000 $0 2.99%
    Black 1 $25,000 $25,000 $0 2.99%

    Approval Rates

    Total approvals of all applications
    87.78%

    Fidelity Savings And Loan Association Of Bucks County has an average approval rate.

    Pick Rate

    Approvals leading to origination
    94.59%

    Fidelity Savings And Loan Association Of Bucks County has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 74 $9,580,000 $129,459

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 2 $410,000 $205,000
    Single Family (1-4 Units):Site-Built 72 $9,170,000 $127,361

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 23 $2,475,000 $107,609 $2,578 3.83%
    40-60% 8 $2,700,000 $337,500 $2,596 4.76%
    60-80% 8 $1,600,000 $200,000 $3,669 4.31%
    80-100% 7 $1,745,000 $249,286 $5,361 4.02%
    Under 20% 27 $975,000 $36,111 $4,957 3.50%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Fidelity National Financial, Inc Conventional home mortgage Closing on a mortgage 5 41.7%
    Fidelity National Financial, Inc Conventional home mortgage Struggling to pay mortgage 1 8.3%
    Fidelity National Financial, Inc Conventional home mortgage Trouble during payment process 4 33.3%
    Fidelity National Financial, Inc Other type of mortgage Closing on a mortgage 1 8.3%
    Fidelity National Financial, Inc Other type of mortgage Trouble during payment process 1 8.3%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Fidelity Savings and Loan Association of Bucks Co 201 Pond Street Bristol, PA 19007 Full Service B&M $67,142
    Fidelity Savings and Loan Association of Bucks Co 237 Radcliffe St Bristol, PA 19007 Full Service B&M $3,984

    For 2018, Fidelity Savings And Loan Association Of Bucks County had 2 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $3,445
    Net interest income $2,820
    Total noninterest income $103
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $76
    Trading account gains and fees $0
    Additional Noninterest Income $27
    Pre-tax net operating income $499
    Securities gains (or losses, -) $-118
    Income before extraordinary items $241
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $241
    Minority interest net income $0
    Net income $241
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $334

    Fidelity Savings And Loan Association Of Bucks County's gross interest income from loans was $3,445,000.
    Fidelity Savings And Loan Association Of Bucks County's net interest income from loans was $2,820,000.
    Fidelity Savings And Loan Association Of Bucks County's fee based income from loans was $76,000.
    Fidelity Savings And Loan Association Of Bucks County's net income from loans was $241,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $625
    Provision for credit losses $14
    Total noninterest expense $2,410
    Salaries and employee benefits $1,336
    Premises and equipment expense $204
    Additional noninterest expense $870
    Applicable income taxes $140
    Net charge-offs $65
    Cash dividends $0

    Fidelity Savings And Loan Association Of Bucks County's interest expense for loans was $625,000.
    Fidelity Savings And Loan Association Of Bucks County's payroll and benefits expense were $1,336,000.
    Fidelity Savings And Loan Association Of Bucks County's property, plant and equipment expenses $204,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 7.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $69,954
    Deposits held in domestic offices $69,954
    Deposits by Individuals, partnerships, and corporations $69,709
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $0
    Deposits by Commercial banks and other depository institutions in U.S. $245
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $26,520
    Demand deposits $8,604
    Nontransaction accounts $43,434
    Money market deposit accounts (MMDAs) $4,073
    Other savings deposits (excluding MMDAs) $12,294
    Total time deposits $27,067
    Total time and savings deposits $61,350
    Noninterest-bearing deposits $3,595
    Interest-bearing deposits $66,359
    Retail deposits $68,877
    IRAs and Keogh plan accounts $9,213
    Brokered deposits $245
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $87,320
    Cash & Balances due from depository institutions $4,945
    Interest-bearing balances $4,335
    Total securities $675
    Federal funds sold & reverse repurchase $18,945
    Net loans and leases $61,332
    Loan and leases loss allowance $484
    Trading account assets $0
    Bank premises and fixed assets $200
    Other real estate owned $221
    Goodwill and other intangibles $0
    All other assets $1,002

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $87,320
    Total Liabilities $74,586
    Total deposits $69,954
    Interest-bearing deposits $66,359
    Deposits held in domestic offices $69,954
    % insured (estimated) $97
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $3,499
    Subordinated debt $0
    All other liabilities $1,133

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $61,332
    Loan and leases loss allowance $484
    Total loans and leases (domestic) $61,816
    All real estate loans $61,633
    Real estate loans in domestic offices $61,633
    Construction and development loans $2,447
    Residential 1-4 family construction $2,447
    Other construction, all land development and other land $0
    Loans secured by nonfarm nonresidential properties $1,761
    Nonfarm nonresidential secured by owner-occupied properties $620
    Commercial real estate & other non-farm, non-residential $1,141
    Multifamily residential real estate $1,522
    1-4 family residential loans $55,903
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $6
    To non-U.S. addressees $0
    Loans to individuals $177
    Credit card loans $0
    Related Plans $2
    Consumer Auto Loans $0
    Other loans to individuals $175
    All other loans & leases $0
    Loans to foreign governments and official institutions $0
    Other loans $0
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $162
    Non 1-4 family restructured loans & leases $162
    Total loans and leases (foreign) $0

    FIDELITY SAVINGS AND LOAN ASSOCIATION OF BUCKS COUNTY had $61,332,000 of loans outstanding in 2018. $61,633,000 of loans were in real estate loans. $2,447,000 of loans were in development loans. $1,522,000 of loans were in multifamily mortgage loans. $55,903,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $0 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 17 $1,459 $85,824
    Nonfarm, nonresidential loans - <$100k 1 $71 $71,000
    Nonfarm, nonresidential loans - $100-250k 11 $589 $53,545
    Nonfarm, nonresidential loans - $250k-1MM 5 $799 $159,800
    Commercial & Industrial, US addressed loans - <$1MM 1 $6 $6,000
    Commercial & Industrial, US addressed loans - <$100k 1 $6 $6,000