F&M Bank Mortgage Review

F&M Bank Mortgage is offered by F&M Bank (NMLS #537388), a bank founded in 1907 and based in Long Beach, CA. F&M Bank Mortgage is available in 1 state across the USA.

• Financing for a variety of property types. Offers home loans for manufactured, single, and multi-family homes.
• Standard interest rates types. F&M Bank Mortgage only offers fixed-rate mortgages.
• Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
• Fair credit accepted. Borrowers with a credit score as low as 650 may qualify for F&M Bank Mortgage.

What mortgage rates does F&M Bank offer?

Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.

Does FMB mortgage charge an application fee?

Do they charge mortgage origination fees?

Yes, FMB mortgage may charge a loan origination fee.

What property usage types does FMB mortgage allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. FMB mortgage allows the following property usage types: 

• Primary home
• Secondary homes and vacation properties