FM Home Loans, LLC.

What FM Home Loans, LLC. does

FM Home Loans, LLC. is a privately held, multi-state retail mortgage lender headquartered in Brooklyn, New York, operating since 1999 (firmographics list 1991) under NMLS #2212. The company originates a comprehensive suite of residential mortgage products across 24 licensed states, including conventional (conforming, jumbo, high-balance), fixed- and adjustable-rate, government (FHA, VA, USDA), specialty, non-QM investor and owner-occupied solutions, foreign national programs, construction and fix-and-flip financing, plus state-specific down payment assistance products in Florida, New Jersey, and Texas. Distribution runs through nine physical branches in New York, New Jersey, Connecticut, Florida, and Texas, supported by an online pre-approval portal, financial calculators, and a realtor referral channel managed by the Director of Sales. The company employs 101–250 staff, including 60+ dedicated mortgage professionals.

Underlying the product set is a mortgage lending technology platform with loan origination and processing capabilities, augmented by a proprietary construction algorithm and an internal construction management system that powers the Fix & Live product, which finances acquisition and renovation through a single closing with budget guarantees and up to six months of housing payment deposits during renovation. Revenue is generated through transaction-based origination fees, servicing, and interest rate spreads on closed mortgage loans across conventional, government, non-QM, and specialty programs. Go-to-market is sales-led, combining direct-to-consumer digital CTAs, branch-based licensed loan officers, and realtor referrals to serve individual homebuyers, real estate investors, builders and developers, self-employed/alt-doc borrowers, foreign nationals, and first-time homebuyer segments.

Customer acquisition is multi-channel: the website (fmm.com) drives top-of-funnel content and pre-approval applications, branch locations and direct expert consultations operate at mid-funnel, and realtor referrals convert at the bottom. The senior leadership team includes Founder/CEO David Brecher (three decades of mortgage experience, formerly head of Residential Lending at Meridian Capital Group), a COO, CFO, CTO, SVP Trading Desk, Legal Counsel, Director of Sales, and functional managers across processing, underwriting, and compliance. In 2026, the company announced a partnership with Balerion AI to embed an agentic AI Loan Intelligence platform into its origination workflow to automate income verification, document analysis, underwriting, and closing.

Name

FM Home Loans, LLC.

Legal name

FM Home Loans, LLC.

Website

https://fmm.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

101–250 employees

Short description

FM Home Loans is a privately held, multi-state retail mortgage lender founded in 1999 and headquartered in Brooklyn, NY, originating conventional, government, non-QM, construction, and specialty mortgage products across 24 states through nine branches and digital channels.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Real Estate Credit (522292), Nondepository Credit Intermediation (5222)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Renovation Mortgage Origination (FHA 203(k), HomeStyle, CHOICERenovation) (FSALAAAL)

Keywords

• Residential mortgage lending
• Home purchase financing
• Non-QM loans
• Construction financing
• Down payment assistance

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Mortgage Origination Revenue: FM Home Loans generates revenue through mortgage origination fees, loan servicing, and interest rate spreads on closed mortgage loans. The company originates various loan products including conventional, government, and non-QM mortgages for purchase and refinance transactions.
2. Loan Products and Services: Revenue is generated from multiple loan products including Fixed Rate Mortgages, Adjustable Rate Mortgages, Government Loans (FHA, VA, USDA), Specialty Loans, Non-QM products, Fix & Flip Loans, Construction Loans, and Down Payment Assistance Programs.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

FM Home Loans is a retail mortgage lender that originates residential mortgage loans directly to consumers across 24 US states. The company underwrites and closes conventional, government-insured (FHA, VA, USDA), non-QM, construction, fix-and-flip, and specialty mortgage products, supplemented by down payment assistance programs. Loans are delivered through a 9-branch network plus digital application channels, with personalized one-on-one loan officer guidance from origination through closing.

Product overview

FM Home Loans offers a comprehensive suite of mortgage lending products through a unified platform. The core offerings include Conventional Mortgages (conforming, jumbo, and high-balance), Fixed Rate and Adjustable Rate Mortgages, and Government Loans (FHA, VA, USDA). Specialty products include Non-QM solutions for investors, foreign nationals, and credit-impaired borrowers. Innovative products include Fix and Live (purchase-and-renovate with one closing) and Ground Up Construction financing. The portfolio also includes dedicated programs for first-time homebuyers (Down-Payment Assistance, Affordability Program) and real estate investors (Fix & Flip, Non-QM Investor Solutions, Builders Affordable). Supporting tools include pre-approval services and financial calculators (Payment, Rent vs. Own, Reverse Mortgage, Payment Options).

Differentiator

Problem solved

Functional benefit

Products and services

• Conventional Mortgages Traditional residential financing with competitive rates and flexible terms for qualified borrowers, including GSE-conforming loans, non-conforming jumbo loans for luxury properties, and high-balance mortgages for high-cost areas.
• Fixed Rate Mortgages Mortgages with a fixed interest rate that remains static for the life of the loan, providing homeowners with consistent recurring payments and protection from rate fluctuations.
• Adjustable Rate Mortgages Mortgages with flexible interest rates that respond to market fluctuation, featuring lower initial rates with predetermined fixed-rate periods followed by adjustable-rate conversion with caps on changes.
• Government Loans Government-insured loan programs including FHA loans with down payments as low as 3.5%, VA loans for veterans and active-duty service members with potential no down payment requirements, and USDA loans for rural development with 30-year fixed rates.
• Specialty Loans Specialized loan products for non-traditional situations including reverse mortgages for seniors aged 62+, foreign national mortgages, second mortgages/home equity loans, and construction loans for new-home builders.
• Pre-Approval Program Mortgage pre-approval service that evaluates income, assets, and credit history to determine eligibility and provide a Pre-Approval Letter for stronger home purchase offers.
• Non-QM Investor Solutions Alternative qualification mortgages for real estate investors including full income documentation (LTVs up to 80%, FICOs as low as 620, loan amounts up to $5M), bank statement programs for self-employed borrowers, and DSCR-based qualification.
• Non-QM Foreign Nationals Specialized lending programs for international buyers purchasing US real estate, featuring DSCR documentation, LTVs up to 75% for investment properties, and full income documentation options for second homes.
• Non-QM Owner Occupied Alternative documentation solutions for owner-occupied properties including Victory Credit for credit-impaired borrowers (LTVs up to 90%, credit scores as low as 500), bank statement programs for self-employed borrowers, and Victory Prime for higher balance loans.
• Down-Payment Assistance Programs Grant and loan programs to help eligible homebuyers with initial purchase costs, including Florida Hometown Heroes (5% up to $35,000), NY State SONYMA programs, Texas My Choice/My First Texas Home, and NJ HMFA forgivable loans up to $22K.
• Fix and Live Financing product that covers acquisition and complete renovation with permanent financing for up to 95% of completed renovated value with just one closing, including guaranteed budget costs and six months of housing payments during renovation.
• Affordability Program Regionally based affordable mortgage options combining Fix & Live, dedicated Grant Department for federal and local programs, and Builders Affordable products designed to reduce monthly housing costs for eligible homebuyers.
• Fix & Flip Program Short-term financing for real estate investors to purchase, renovate, and resell properties with flexible financing, quick approval process, and competitive interest rates.
• Builders Affordable Construction financing solutions for builders with competitive rates and flexible terms, providing buyers with affordable mortgage options to accelerate sales velocity.
• Ground Up Construction Competitive construction financing for builders and developers for single-family homes, townhomes, and small multi-unit properties with streamlined approvals and flexible draw schedules.

Quantifiable outcome

• Fix & Live finances up to 95% of completed renovated value with one closing
• +3 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Balerion AIcoreTechnology or Integration · 17 April 2026FM Home Loans is working with Balerion AI, an agentic AI platform for mortgage loan origination. Balerion's Loan Intelligence product automates the full mortgage lifecycle including income verification, document analysis, underwriting and closing. The platform embeds directly into lenders' existing workflows using a unified reasoning engine that analyzes loan files holistically to identify discrepancies and ensure compliance with Fannie Mae, Freddie Mac, FHA, and other regulatory frameworks. FM Home Loans is using this technology to streamline their mortgage origination process.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Movement Mortgage: Retail mortgage lender operating multi-state branches with conventional, government and specialty products. Similar sales-led retail model and geographic footprint to FM Home Loans.
• Guild Mortgage: Retail-focused independent mortgage lender with similar multi-state branch network and broad product mix including government and specialty loans. Comparable in scale and direct-to-consumer retail strategy.
• loanDepot: Large retail and wholesale mortgage lender offering conventional, government, and non-QM products direct-to-consumer and through pros. Comparable multi-channel retail model serving similar purchase and refinance segments to FM Home Loans.
• Fairway Independent Mortgage Corporation: Multi-state retail mortgage lender with branch-based distribution, broad product set (conventional, government, jumbo, non-QM), and a similar middle-market positioning. Closest comparable to FM in size, geography and product breadth.
• Planet Home Lending: Independent multi-channel mortgage lender with strong non-QM and specialty product focus, including renovation products. Comparable to FM in specialty lending strategy and mid-size scale.
• Caliber Home Loans: Independent retail and correspondent mortgage lender with strong non-QM and specialty product expertise and broad state licensing. Directly comparable to FM's retail mortgage model with emphasis on non-traditional borrower products.

Broad incumbents

• Rocket Mortgage: Largest US retail mortgage originator with dominant brand and direct-to-consumer digital model. Overlaps with FM across most products but at far greater scale; sets competitive pressure on cost and recapture.
• United Wholesale Mortgage (UWM): Largest US wholesale mortgage lender, indirectly competing for loan officer recruitment and pricing on the same products FM originates. A key competitor for any independent retail mortgage bank.
• NewRez (Rithm Capital): Multi-channel mortgage lender (retail, wholesale, correspondent) with strong servicing portfolio. Competes with FM in retail origination across conventional, government and non-QM products.
• Homepoint (subsidiary of Centerbridge / Pretium): Wholesale and retail mortgage lender offering similar products to FM through both direct and broker channels. Comparable mid-size independent competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/fmhomeloans
• Facebookfacebook.com/fmhomeloans
• LinkedInlinkedin.com/company/fmhomeloansllc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FM Home Loans, LLC.