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Fidelity Direct Mortgage, LLC

GAITHERSBURG, MD

Fidelity Direct Mortgage, LLC processed 1,004 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 786 loans with a 6.2% denial rate. Home Purchase was the primary loan purpose. Based in GAITHERSBURG, MD. The approval rate of 78.3% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Fidelity Direct Mortgage, LLC's 78.3% origination rate tells you how often an application turned into funded money; the 6.2% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Collateral, Debt-to-income ratio, Insufficient cash, which together explain the majority of rejections. Most activity concentrated in Conventional loans (603 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

1,004
Applications
786
Originated
6.2%
Denial Rate
$370,080
Avg Loan Amount
Avg Interest Rate: 6.845% Avg Applicant Income: $41,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 603 468 32 $368,051
FHA 321 256 27 $365,592
VA 78 61 3 $405,128
USDA 2 1 0 $335,000

Top loan types - Fidelity Direct Mortgage, LLC

Top loan types - Fidelity Direct Mortgage, LLC Horizontal bar chart of the top 4 items by value (applications). Top loan types - Fidelity Direct Mortgage, LLC Top 4 1. Conventional 603 2. FHA 321 3. VA 78 4. USDA 2 Top 5 loan types by application volume at Fidelity Direct Mortgage, LLC (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Fidelity Direct Mortgage, LLC (LEI: 549300BKWR5OM8PWIN62) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Collateral
25
Debt-to-income ratio
13
Insufficient cash
7
Credit history
6
Unverifiable information
6
Other
6
Employment history
3

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 834 670 $381,882
Refinancing 170 116 $312,176

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
Black or African American 380 73.7% 5.8%
White 377 80.9% 8.2%
Asian 174 83.9% 2.3%
Joint * 13 76.9% 0.0%
Native Hawaiian or Other Pacific Islander * 7 71.4% 14.3%
American Indian or Alaska Native * 6 83.3% 16.7%
2 or more minority races * 3 66.7% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 721 77.5% 5.1%
Hispanic or Latino 204 82.3% 9.8%
Joint * 24 79.2% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in MD

Other HMDA-reporting lenders in MD with similar activity. Compare any two side-by-side.

Lower, LLC

COLUMBIA, MD

27,730 apps 17,412 originated 9.4% denied

Nfm, INC

LINTHICUM, MD

22,075 apps 17,246 originated 1.9% denied

First Home Mortgage

Baltimore, MD

7,187 apps 5,538 originated 2.8% denied

Tower Federal Credit Union

LAUREL, MD

6,022 apps 3,449 originated 31.0% denied

State Employees Credit Union of Maryland

Linthicum, MD

5,814 apps 2,602 originated 42.7% denied
Compare Fidelity Direct Mortgage, LLC vs Lower, LLC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Fidelity Direct Mortgage, LLC process?
Fidelity Direct Mortgage, LLC processed 1,004 mortgage applications in the 2024 HMDA reporting year. Of these, 786 were originated (approved and funded), 114 were withdrawn by the applicant, and 62 were denied.
What is Fidelity Direct Mortgage, LLC's mortgage approval rate?
Fidelity Direct Mortgage, LLC has an approval (origination) rate of 78.3%, meaning 78.3% of all applications resulted in a funded mortgage. The denial rate is 6.2%.
What is the average loan amount at Fidelity Direct Mortgage, LLC?
The average mortgage loan amount at Fidelity Direct Mortgage, LLC is $370,080. The average interest rate is 6.845%. The average applicant income is $41,000.
What are the most common reasons for mortgage denial at Fidelity Direct Mortgage, LLC?
The most common reasons for mortgage denial at Fidelity Direct Mortgage, LLC are: Collateral, Debt-to-income ratio, Insufficient cash. In total, 62 applications were denied out of 1,004 total applications.
What types of mortgage loans does Fidelity Direct Mortgage, LLC offer?
Fidelity Direct Mortgage, LLC processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 603 applications and an average loan amount of $368,051.
What loan purposes does Fidelity Direct Mortgage, LLC serve?
Fidelity Direct Mortgage, LLC serves the following loan purposes: Home Purchase (834 applications), Refinancing (170 applications). Home Purchase is the most common purpose.
Where is Fidelity Direct Mortgage, LLC located?
Fidelity Direct Mortgage, LLC is headquartered in GAITHERSBURG, MD. The lender is identified by LEI 549300BKWR5OM8PWIN62 in HMDA data.
How does Fidelity Direct Mortgage, LLC compare in lending across racial demographics?
Fidelity Direct Mortgage, LLC reports demographic lending data under HMDA requirements. Black or African American applicants have an approval rate of 73.7% and denial rate of 5.8%; White applicants have an approval rate of 80.9% and denial rate of 8.2%; Asian applicants have an approval rate of 83.9% and denial rate of 2.3%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.