Fidelity Bank Kansas Mortgage Interest Rate and Cost Review

Is Fidelity Bank Kansas a cheap or expensive mortgage lender? To help you shop for a mortgage, we compare the interest rates and closing costs charged by Fidelity Bank Kansas to those of other lenders for a comparable set of borrowers. Here is our review of Fidelity Bank Kansas nationally:

Review ItemFidelity Bank Kansas
Interest Ratelower than other lenders (-0.11%)
Loan Related Closing Costssimilar to other lenders (-$166)
National Rate and Closing Cost Star Rating(4)

On average, Fidelity Bank Kansas’s interest rates were lower than those of other lenders (-0.11%). On the other hand, its loan related closing costs were similar to those of other lenders, with a difference of -$166. Overall, combining interest rates and closing costs we estimate that Fidelity Bank Kansas tends to be a cheap lender, and give it a National Rate and Closing Costs Rating of 4 out of 5 stars. We maintain our independence by not accepting any money from the mortgage lenders we review. To visit Fidelity Bank Kansas, its website is located at: https://www.fidelitybank.com.

Fidelity Bank Kansas’s Rate Review by City

Mortgage lenders often set different rates in different geographical markets. For our list of the top mortgage lenders in your area, click here. In particular, among the cities we track Fidelity Bank Kansas was most active in:

  1. Wichita, KS
  2. Kansas City, MO
  3. Oklahoma City, OK
  4. Santa Fe, NM
  5. Topeka, KS

Fidelity Bank Kansas’s Rate Review by Mortgage Type

Mortgage lenders also tend to charge different interest rates and closing costs depending on the type of mortgage. In our data, Fidelity Bank Kansas originated Conforming, FHA, Jumbo, USDA and VA mortgages for new home purchases. It also originated Conforming, FHA and VA mortgages for refinances. Its average interest rate and total loan related closing cost difference relative to other lenders for comparable borrowers by mortgages type is as follows.

Purchase/Refinance:
New Purchase MortgagesConformingFHAJumboUSDAVA
Interest Rate Difference-0.13%-0.17%+0.01%-0.03%-0.13%
Loan Related Closing Cost Difference-$121-$219-$40-$38-$0
Cost Adjusted Rate Difference-0.14%-0.19%+0.01%-0.03%-0.13%
National Star Rating(4)(4.5)(3.5)(3.5)(4)
Refinance MortgagesConformingFHAVA
Interest Rate Difference-0.08%-0.02%-0.00%
Loan Related Closing Cost Difference-$281-$99-$91
Cost Adjusted Rate Difference-0.11%-0.04%-0.01%
Average Star Rating(4)(3.5)(3.5)

As a summary, Fidelity Bank Kansas is cheap for Conforming, FHA and VA purchase mortgages. It is similar to other lenders for Jumbo and USDA purchase mortgages. For refinancing mortgages, Fidelity Bank Kansas is cheap for Conforming mortgage refinance. It is similar to other lenders for FHA and VA mortgage refinance. Nevertheless, individual circumstances can matter a lot for mortgage rates, and we always recommend shopping among several of our top mortgage lenders in your area before signing.

Other information about Fidelity Bank Kansas:

Registered name: Fidelity Bank
Registered city and state: WICHITA, KS, 67202
Regulator: Office of the Comptroller of the Currency (OCC)
Top holder: FIDELITY FINANCIAL CORPORATION

* Source of the data is Federal Financial Institutions Examination Council (FFIEC) and is for mortgages originated in the past year. Our comparable mortgages analysis controls for Fidelity Bank Kansas’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and commuting zone. Cost adjusted rates were computed based on each percent of the loan amount in above average loan related closing costs being worth +0.15 of a percentage point in interest rate. Furthermore, the amounts are regularized using a Bayesian approach to control for small samples.