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, San Jose, Santa Maria, Santa Rosa, and Los Angeles among others. We have data for 16 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.
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Originations
200Origination Dollar Volume (All Markets)
$154,000,000Top 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) | 85 | $75,695,000 | $890,529 | $0 | 8.54% |
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 42 | $35,210,000 | $838,333 | $0 | 8.53% |
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 2 | $10,630,000 | $5,315,000 | $0 | 8.00% |
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 14 | $10,460,000 | $747,143 | $0 | 8.73% |
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 15 | $8,495,000 | $566,333 | $0 | 8.63% |
MODESTO, CA (FHA|USDA|VA) | 13 | $3,055,000 | $235,000 | $0 | 8.87% |
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 7 | $2,345,000 | $335,000 | $0 | 9.29% |
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $1,675,000 | $1,675,000 | $0 | 8.50% |
SALINAS, CA (FHA|USDA|VA) | 2 | $1,530,000 | $765,000 | $0 | 8.75% |
STOCKTON, CA (FHA|USDA|VA) | 7 | $1,335,000 | $190,714 | $0 | 9.18% |
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 4 | $1,190,000 | $297,500 | $0 | 8.56% |
Truckee-Grass Valley, CA (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $0 | 8.50% |
Ukiah, CA (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $0 | 8.50% |
NAPA, CA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 9.50% |
Sonora, CA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 10.00% |
VALLEJO, CA (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $0 | 9.00% |
Their top states include:
Product Mix
Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Conventional | 198 | $153,170,000 | $773,586 | $0 | 8.64% |
HELOC | 2 | $830,000 | $415,000 | n/a | 8.75% |
For 2019, Fjm Private Mortgage Fund's most frequently originated type of loan was Conventional, with 198 originations. Their 2nd most popular type was HELOC, with 2 originations.
Loan Reason
Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Home Purchase | 118 | $69,610,000 | $589,915 | $0 | 8.63% |
Refi | 82 | $84,390,000 | $1,029,146 | $0 | 8.66% |
For 2019, Fjm Private Mortgage Fund's most frequently cited loan purpose was Home Purchase, with 118 originations. The 2nd most popular reason was Refi, with 82 originations.
Loan Duration/Length
Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
1 Year | 113 | $92,395,000 | $817,655 | $0 | 8.65% |
Other | 86 | $61,290,000 | $712,674 | $0 | 8.63% |
3 Year | 1 | $315,000 | $315,000 | $0 | 9.00% |
For 2019, Fjm Private Mortgage Fund's most frequently cited loan duration was 1 Year, with 113 originations. The 2nd most popular length was Other, with 86 originations.
Interest Rates
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
Over 8% | 185 | $124,585,000 | $673,432 |
7-8% | 15 | $29,415,000 | $1,961,000 |
During 2019, Fjm Private Mortgage Fund's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 185 originations.
Loan Sizing
2019 saw Fjm Private Mortgage Fund place emphasis on $400k-600k loans with 51 originations, totaling $24,755,000 in origination value.
Applicant Income
Fjm Private Mortgage Fund lent most frequently to those with incomes in the $100k-150k range, with 30 originations. The second most popular income band? $250k+, with 24 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 originationPoints and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
NA | 200 | $154,000,000 | $770,000 |