Fjm Private Mortgage Fund Rates, Fees & Info
Petaluma, CALEI: 254900TBJSIXN1M7S968
Tax ID: 46-2418620
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
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, Sacramento, and Santa Rosa among others. We have data for 19 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.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
186Origination Dollar Volume (All Markets)
$188,140,000Top 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) | 82 | $72,540,000 | $884,634 | $0 | 7.67% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 14 | $44,250,000 | $3,160,714 | $0 | 7.49% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 22 | $17,980,000 | $817,273 | $0 | 7.63% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 23 | $14,235,000 | $618,913 | $0 | 8.07% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 9 | $9,025,000 | $1,002,778 | $0 | 8.22% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $6,605,000 | $6,605,000 | $0 | 7.50% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 6 | $5,480,000 | $913,333 | $0 | 7.46% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $4,905,000 | $4,905,000 | $0 | 7.75% |
| VALLEJO, CA (FHA|USDA|VA) | 8 | $2,740,000 | $342,500 | $0 | 7.81% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 4 | $1,990,000 | $497,500 | $0 | 8.00% |
| STOCKTON, CA (FHA|USDA|VA) | 4 | $1,720,000 | $430,000 | $0 | 8.12% |
| SALEM, OR (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $0 | 8.00% |
| Ukiah, CA (FHA|USDA|VA) | 2 | $1,120,000 | $560,000 | $0 | 8.00% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $0 | 6.99% |
| MODESTO, CA (FHA|USDA|VA) | 4 | $690,000 | $172,500 | $0 | 7.87% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $0 | 9.00% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $0 | 7.50% |
| Red Bluff, CA (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $0 | 8.00% |
| NAPA, CA (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $0 | 7.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 183 | $183,225,000 | $1,001,230 | $0 | 7.76% |
| HELOC | 3 | $4,915,000 | $1,638,333 | n/a | 7.58% |
For 2021, Fjm Private Mortgage Fund's most frequently originated type of loan was Conventional, with 183 originations. Their 2nd most popular type was HELOC, with 3 originations.
Loan Reason
For 2021, Fjm Private Mortgage Fund's most frequently cited loan purpose was Home Purchase, with 136 originations. The 2nd most popular reason was Refi, with 49 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 1 Year | 127 | $129,615,000 | $1,020,591 | $0 | 7.75% |
| Other | 59 | $58,525,000 | $991,949 | $0 | 7.77% |
For 2021, Fjm Private Mortgage Fund's most frequently cited loan duration was 1 Year, with 127 originations. The 2nd most popular length was Other, with 59 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 7-8% | 151 | $146,085,000 | $967,450 |
| Over 8% | 26 | $12,150,000 | $467,308 |
| 6-7% | 9 | $29,905,000 | $3,322,778 |
During 2021, 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 151 originations.
Loan Sizing
2021 saw Fjm Private Mortgage Fund place emphasis on $1MM+ loans with 50 originations, totaling $124,320,000 in origination value.
Applicant Income
Fjm Private Mortgage Fund lent most frequently to those with incomes in the $250k+ range, with 41 originations. The second most popular income band? $150k-250k, with 36 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 origination90.86%
Fjm Private Mortgage Fund has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 186 | $188,140,000 | $1,011,505 |