# FM Home Loans, LLC

> **Canonical URL:** https://saferate.com/lenders/fm-home-loans


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


FM Home Loans, LLC is a independent mortgage company, headquartered in Teaneck, NJ, serving borrowers across 19 states, with 978 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 70% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 48% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 254900ACUWEGW702BR80
- **Headquarters:** Teaneck, NJ
- **Geographic Reach:** Multi-Region
- **States Served:** 19
- **State List:** AZ, CA, CO, CT, FL, GA, MA, MD, MI, MN, NC, NJ, NY, OH, PA, RI, SC, TN, TX
- **Markets (MSAs):** 10
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 30/100
- Rating: ●●○○○ (2/5)

### Pull Through: Sound ☺️
- Score: 52/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.350%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,601
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 978
- **Dollar Volume:** $669 million
- **Applications Received:** 1,508
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $684,172
- **Average Borrower Income:** $529,556
- **Average Property Value:** $1,048,057

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 62/100 | 819 | +0.308% | $2,569 | Strong 😀 |
| FHA | 58/100 | 44 | +0.590% | $3,121 | Sound ☺️ |
| Jumbo | 80/100 | 113 | +0.757% | $2,697 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 702 loans, Score: 63/100 (Strong)
- Refinance: 117 loans, Score: 60/100 (Sound)

**FHA:**
- Purchase: 43 loans, Score: 58/100 (Sound)

**Jumbo:**
- Purchase: 63 loans, Score: 77/100 (Strong)
- Refinance: 50 loans, Score: 83/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 63/100 | 810 | $517M | +0.326% | Strong 😀 |
| Refinance | 61/100 | 168 | $153M | +0.492% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NY | 536 | 0.47% | 81/100 |
| NJ | 288 | 0.34% | 78/100 |
| FL | 94 | 0.03% | 56/100 |
| CT | 24 | 0.07% | 49/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| New York | NY-NJ | 384 | 83/100 |
| Lakewood | NJ | 229 | 82/100 |
| Nassau County | NY | 116 | 70/100 |
| Kiryas Joel | NY | 55 | 67/100 |
| Fort Lauderdale | FL | 36 | 56/100 |
| Miami | FL | 24 | 50/100 |
| West Palm Beach | FL | 22 | 51/100 |
| Newark, NJ | NJ | 16 | 46/100 |
| Bridgeport | CT | 15 | 47/100 |
| Non |  | 11 | 20/100 |

## Where This Lender Ranks

FM Home Loans, LLC appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#9** in Lakewood for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/lakewood/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#11** in Nassau County for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/nassau-county/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#15** in New York for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/new-york/best-mortgage-lenders/mortgage-companies/jumbo-loans)

## Frequently Asked Questions

### What loan types does FM Home Loans, LLC offer?

FM Home Loans, LLC offers the following mortgage loan types: FHA, Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does FM Home Loans, LLC offer mortgages?

FM Home Loans, LLC offers mortgages in 19 states: AZ, CA, CO, CT, FL, GA, MA, MD, MI, MN, NC, NJ, NY, OH, PA, RI, SC, TN, TX.

### How competitive are FM Home Loans, LLC's mortgage rates?

FM Home Loans, LLC has a pricing score of 30/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.350% above market average.

### What type of lender is FM Home Loans, LLC?

FM Home Loans, LLC is a non-depository lender that specializes in mortgage origination, headquartered in Teaneck, NJ.

### What is FM Home Loans, LLC's loan approval success rate?

FM Home Loans, LLC has a pull-through score of 52/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/fm-home-loans

### How to Cite

> "FM Home Loans, LLC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/fm-home-loans

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**[View Interactive Profile →](https://saferate.com/lenders/fm-home-loans)**