Fjm Private Mortgage Fund Rates, Fees & Info
Petaluma, CALEI: 254900TBJSIXN1M7S968
Tax ID: 46-2418620
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Mortgage Data
Review & Overview
Fjm Private Mortgage Fund is a smaller mortgage company specializing in Home Purchase and Refi loans. Fjm Private Mortgage Fund has a high proportion of conventional loans. Their top markets by origination volume include: San Francisco, Los Angeles, San Jose, San Diego, and Sacramento among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)Fjm Private Mortgage Fund has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
162Origination Dollar Volume (All Markets)
$161,310,000Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 55 | $40,655,000 | $739,182 | $0 | 7.97% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 18 | $38,820,000 | $2,156,667 | $0 | 7.86% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 25 | $27,465,000 | $1,098,600 | $0 | 7.70% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 5 | $13,875,000 | $2,775,000 | $0 | 7.90% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 14 | $8,950,000 | $639,286 | $0 | 8.30% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 12 | $8,330,000 | $694,167 | $0 | 8.35% |
| NAPA, CA (FHA|USDA|VA) | 3 | $4,505,000 | $1,501,667 | $0 | 7.75% |
| RENO, NV (FHA|USDA|VA) | 1 | $3,855,000 | $3,855,000 | $0 | 7.99% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $3,505,000 | $3,505,000 | $0 | 8.25% |
| VALLEJO, CA (FHA|USDA|VA) | 8 | $3,080,000 | $385,000 | $0 | 7.75% |
| STOCKTON, CA (FHA|USDA|VA) | 7 | $2,385,000 | $340,714 | $0 | 8.18% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 2 | $1,460,000 | $730,000 | $0 | 8.75% |
| VISALIA, CA (FHA|USDA|VA) | 2 | $1,090,000 | $545,000 | $0 | 8.25% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $935,000 | $935,000 | $0 | 7.50% |
| MADERA, CA (FHA|USDA|VA) | 3 | $875,000 | $291,667 | $0 | 8.83% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $0 | 8.00% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 8.00% |
| MODESTO, CA (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 9.63% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 161 | $161,005,000 | $1,000,031 | $0 | 8.01% |
| HELOC | 1 | $305,000 | $305,000 | n/a | 8.50% |
For 2022, Fjm Private Mortgage Fund's most frequently originated type of loan was Conventional, with 161 originations. Their 2nd most popular type was HELOC, with 1 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 102 | $99,810,000 | $978,529 | $0 | 7.91% |
| Refi | 60 | $61,500,000 | $1,025,000 | $0 | 8.20% |
For 2022, Fjm Private Mortgage Fund's most frequently cited loan purpose was Home Purchase, with 102 originations. The 2nd most popular reason was Refi, with 60 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 1 Year | 121 | $116,405,000 | $962,025 | $0 | 8.02% |
| Other | 41 | $44,905,000 | $1,095,244 | $0 | 7.99% |
For 2022, Fjm Private Mortgage Fund's most frequently cited loan duration was 1 Year, with 121 originations. The 2nd most popular length was Other, with 41 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 7-8% | 98 | $95,000,000 | $969,388 |
| Over 8% | 59 | $46,175,000 | $782,627 |
| 6-7% | 5 | $20,135,000 | $4,027,000 |
During 2022, Fjm Private Mortgage Fund's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 7-8%, with 98 originations.
Loan Sizing
2022 saw Fjm Private Mortgage Fund place emphasis on $600k-1MM loans with 48 originations, totaling $37,580,000 in origination value.
Applicant Income
Fjm Private Mortgage Fund lent most frequently to those with incomes in the $250k+ range, with 31 originations. The second most popular income band? $150k-250k, with 20 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications100.00%
Fjm Private Mortgage Fund has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination90.74%
Fjm Private Mortgage Fund has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 162 | $161,310,000 | $995,741 |