Mortgage lender · Dubuque, IA · LEI 549300P8W7NTNS3TVK84

Fidelity Bank & Trust review: approval odds, rates and grade (2025)

Fidelity Bank & Trust earns an A, placing it in the top fifth of small mortgage lenders. It turned down 4.5% of the applications it decided on in 2025, which ranks in the 76th percentile for approval odds. Its median loan was priced 0.75 points below the average prime offer rate, ranking in the 98th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

828Applications2025
91.6%Originatedof applications
4.5%Decision denial ratenational 22.6%
5.95%Median ratenational 6.63%
$158MLoan volume3 states

Fidelity Bank & Trust at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

4.4%Denial rate (all applications)-13.63 pts vs national
4.5%Denial rate (decided applications)-18.13 pts vs national
91.6%Origination rate+33.52 pts vs national
2.4%Withdrawn by applicant
0.0%Closed for incompleteness
5.95%Median interest rate-0.67 pts vs national
-0.75Median rate spread (pts over APOR)-1.00 pts vs national
$135,000Median loan amount
$2,670Median total loan costs
$100kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

How the A grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

76th4.5% denied

Pricingmedian rate spread over APOR, weight 30%

98th-0.75 pts

Processwithdrawn + incomplete share, weight 15%

88th2.4%

Closing coststotal loan costs ÷ loan amount, weight 10%

48th1.98% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20236015554.7%4.7%7.00%$86M
20246806294.4%4.5%6.85%$104M
20258287584.4%4.5%5.95%$158M

What Fidelity Bank & Trust lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 435 53% · 2.5% denied
Refinance 208 25% · 3.4% denied
Cash-out refinance 2 0% · 0.0% denied
Home improvement 126 15% · 7.1% denied
Other / HELOC 57 7% · 15.8% denied

By loan type

Conventional 828 100% · 4.4% denied

Also: 0 home-equity lines, 0 reverse mortgages, 4 manufactured homes, 195 investment properties.

Why Fidelity Bank & Trust denies applications

Primary reason reported for each of the 36 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Credit history 11 58%
Collateral 4 21%
Debt-to-income ratio 3 16%
Insufficient cash 1 5%

How these reasons compare nationally →

Who gets approved at Fidelity Bank & Trust

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k906915.3%
$50k – $100k2211974.7%
$100k – $150k1591465.2%
$150k – $250k1151082.7%
Over $250k41384.9%
Applicant ageApplicationsOriginatedDecision denial rate
Under 2573700.0%
25–341521344.2%
35–441491346.2%
45–541231108.2%
55–64100888.1%
65–7475692.8%
Over 7423204.8%

Where Fidelity Bank & Trust lends

3 states and 43 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Iowa7727143.4%5.95%#29
Wisconsin372721.6%5.96%#366
Illinois191710.5%5.86%#601

Frequently asked questions

Fidelity Bank & Trust denied 4.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 76th percentile of small mortgage lenders.

The most common reason Fidelity Bank & Trust gave in 2025 was "credit history", cited on 57.9% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans Fidelity Bank & Trust originated in 2025 was 5.95%, and its median rate spread over the average prime offer rate was -0.75 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 53% of its applications were for home purchases, 25% for refinancing (including cash-out), and 22% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Fidelity Bank & Trust. Data sources · Methodology