Fidelity Direct Mortgage

What Fidelity Direct Mortgage does

Fidelity Direct Mortgage (FDM), legally Fidelity Direct Mortgage Corporation (NMLS ID 176743) and operating as a dba of Absolute Home Mortgage Corporation since its December 2, 2025 acquisition, is a multi-state residential mortgage bank headquartered in Fairfield, New Jersey. The company originates, underwrites, and sells loans into the secondary mortgage market through a network of four physical branches — Fairfield NJ, Gaithersburg MD, Simpsonville SC, and Apollo Beach FL — supported by more than 60 licensed loan officers. FDM holds active mortgage banker/broker licenses in 11 jurisdictions across the Northeast, Mid-Atlantic, Southeast, and select Midwest states (NJ, MD, FL, SC, VA, PA, NC, OH, DE, DC, WV, and CO).

FDM's product portfolio spans the full agency-conforming set (Conventional, FHA, VA, USDA, Jumbo) plus an unusually broad Non-QM and specialty shelf: bank statement loans, DSCR investor loans, ITIN programs, Foreign National loans, RENOfi renovation financing up to 125% LTV, FDM LINK 96.5% LTV, Doctor Program 95% LTV up to $2M, Equity Partnership shared-appreciation products, Fix & Flip investor loans up to 90% LTV, Bridge, Construction-to-Permanent (90% LTV), Asset Utilization, Commercial loans up to 75% LTV, Reverse Mortgages, and four state/local Down Payment Assistance programs. Distribution combines a sales-led direct motion through licensed loan officers with a direct-to-consumer channel — a self-serve web application portal, iOS/Android mobile app, mortgage calculator, pre-approval engine, and BluePay-integrated recurring payment processing.

The business model is transaction-based: revenue is generated through origination and processing fees on each closed loan plus interest-rate spread captured between the borrower rate and the price obtained when the loan is sold or securitized (to Fannie Mae, Freddie Mac, or via portfolio/Non-QM whole-loal sale). Pricing is quote-based and varies by borrower credit profile, LTV, property type, and market conditions; rates and fees are not publicly disclosed. The primary customer segments are individual homebuyers (including first-time, move-up, self-employed, veteran, foreign national, and credit-challenged borrowers), real estate investors (fix-and-flip, rental), and small commercial borrowers; loan officers source applications across branch, referral, and digital inbound channels. Post-acquisition by Absolute Home Mortgage, FDM no longer operates as a standalone entity and its standalone P&L is no longer publicly tracked.

Name

Fidelity Direct Mortgage

Legal name

Fidelity Direct Mortgage Corporation

Website

https://fdmhome.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

Fidelity Direct Mortgage is a multi-state residential mortgage bank operating as a dba of Absolute Home Mortgage Corporation, originating Conventional, government-backed, and Non-QM loans through four branches and 60+ loan officers across NJ, MD, SC, and FL, licensed in 11 states.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Real Estate Credit (522292)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Purchase Mortgage Origination (Homebuyer Focused) (FSALAAAD)

akta.pro secondary industries

Government-Insured Mortgage Origination (FHA/VA/USDA) (FSALAAAI), First-Time Homebuyer (FTHB) Mortgage Origination (FSALAAAG), Commercial Mortgage Brokerage (FSAEAEAB)

Keywords

• Residential mortgage lending
• Home loan origination
• Mortgage refinancing
• Non-QM lending
• Commercial mortgages

Headquarters

HQ city

Gaithersburg

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Mortgage Origination Fees: Revenue generated through origination fees charged on mortgage loans, including processing, underwriting, and closing fees. Loans are originated and then sold into the secondary mortgage market (Fannie Mae, Freddie Mac, etc.) with servicing rights potentially retained or sold.
2. Interest Rate Spread: Revenue earned through the spread between the interest rate offered to borrowers and the rate at which loans are sold or securitized in the secondary market.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Fidelity Direct Mortgage originates residential and select commercial mortgage loans for individual consumers and real estate investors, offering conventional, FHA, VA, USDA, Jumbo, Non-QM, Fix & Flip, Bridge, Construction, Renovation, Reverse, and Commercial loan programs across 11 states plus Washington, D.C. Loans are originated through a network of 60+ loan officers at four branch locations, supported by online application tools, a mobile app, and an in-house processing/underwriting operation. Closed loans are funded and sold into the secondary market, with revenue earned via origination fees and interest rate spread.

Product overview

Fidelity Direct Mortgage (FDM) operates as a national mortgage banking company offering a comprehensive suite of residential mortgage products. The company functions as a dba of Absolute Home Mortgage Corp, a licensed Mortgage Banker. FDM's portfolio spans conventional, government-backed (FHA, VA, USDA), and non-qualified mortgage (Non-QM) products, alongside specialized programs for investment properties, fix-and-flip investors, construction lending, and foreign national borrowers. The company provides digital tools including a mortgage calculator and mobile applications for iOS and Android, along with free pre-approval services. FDM also offers various down payment assistance programs through partnerships with entities like Federal Home Loan Bank of Atlanta, Virginia Housing, and Maryland Mortgage Program.

Differentiator

Problem solved

Functional benefit

Products and services

• Conventional Loans

Quantifiable outcome

• Originated approximately $335 million in loans over the past year prior to acquisition

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Guaranteed Rate: Mid-to-large U.S. retail mortgage lender with branch-based loan officers, a digital POS, and a portfolio spanning conventional, FHA, VA, USDA, Jumbo, and non-QM. Closely matches FDM's branch + digital hybrid model.
• NewRez (formerly New Penn Financial): Non-bank mortgage lender with a strong non-QM, FHA, and conventional product offering plus a retail/wholesale/consumer direct distribution mix. Comparable to FDM's product breadth and multi-channel approach, with deeper non-QM specialization.
• Caliber Home Loans: Non-bank mortgage lender strong in both agency conforming and non-QM products, including bank statement and investor programs. Directly comparable to FDM's non-QM-heavy product mix, with larger scale and broader geographic reach.
• Paramount Residential Mortgage Group (PRMG): Mid-size retail mortgage lender operating branch-based loan officer model across many states with broad agency and non-QM product offerings. Highly comparable scale and business model to FDM.
• Rocket Mortgage: Largest U.S. retail mortgage originator offering a full suite of conventional, government, and Jumbo loans via a digital-first direct-to-consumer platform with call-center-based loan officers. Directly comparable to FDM's residential purchase/refinance offering, though at materially greater scale.
• United Wholesale Mortgage (UWM): Largest U.S. wholesale mortgage lender, providing loans through the broker channel. Comparable to FDM as a nondepository mortgage banker focused on agency and non-QM production, though primarily wholesale rather than retail/branch.
• Embrace Home Loans: Mid-size regional mortgage banker with retail branches concentrated in the Northeast/Mid-Atlantic, government and conventional product mix, and a strong first-time homebuyer focus. Comparable to FDM in geographic emphasis and product portfolio.
• Angel Oak Mortgage Solutions: Non-QM-focused mortgage lender offering bank statement, DSCR, ITIN, and other non-traditional products to retail brokers and correspondents. Closely comparable to FDM's niche specialty product positioning within the non-QM segment.
• loanDepot: National retail and wholesale mortgage originator offering conventional, government, and non-QM products via branch, direct, and partner channels. Highly comparable to FDM's multi-channel retail origination model with comparable product breadth.

Emerging players

• Better.com: Digital-native mortgage lender using an entirely online application, AI-assisted underwriting, and direct-to-consumer marketing. Comparable to FDM in target borrower segment but represents the digital-first competitive threat to branch-based players like FDM.

Market position

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/fidelitydirectmortgage
• LinkedInlinkedin.com/company/fidelity-direct-mortgage
• Instagraminstagram.com/fdmhome
• Xx.com/fdmhome

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Fidelity Direct Mortgage