Using TRT for fat loss is like using asthma medication to improve your marathon time. It might help, but you’re misusing the medication as a shortcut which opens the door for side effects.
But based just on the numbers you put out, it would appear that TRT may be appropriate and, yes, getting your hormonal health in order can help body composition. Several of the guys here talked about improved body composition: Any TRT Success Stories?
How tall are you, for context?
What’s your current training and nutrition like?
What have you done in the last six months to lose fat?