Foundation Mortgage Corporation NMLS #5057
Who is Foundation Mortgage Corporation?
Foundation Mortgage Corporation (NMLS #5057) is a lender or broker listed in the NMLS registry. FreeRateUpdate publishes this review alongside current mortgage rates, a rate finder, and mortgage calculators.
Key Facts
- Lender or brokerFoundation Mortgage Corporation
- NMLS #5057
- Verified by FreeRateUpdateCompany name and NMLS ID, checked against NMLS on
- Profile updated
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Reported application outcomes and pricing, 2025
- 2025 home loan decisionsOf 1,999 applications decided by FOUNDATION MORTGAGE CORPORATION in 2025, 777 were originated, 812 were approved but not accepted by the borrower, and 410 were denied.
- Median rate spread1.345 (reported on 298 originations, 479 reported no spread at all -- a median of what was reported, not of everything originated)
That is an approval rate of 79.5%. Withdrawn, incomplete and purchased loans are not counted here and are not part of that rate.
These are reported outcomes from past applications, and on their own they do not show how this lender treated any borrower.
Evidence read 2026-10-10T20:58:22+00:00
Source: FFIEC HMDA data browser, 2025 filing. Historical HMDA-reported application outcomes and pricing fields for FOUNDATION MORTGAGE CORPORATION — historical outcomes for the applications it decided. This is not a statement of any consumer's likelihood of approval and not a current rate quote.
About Foundation Mortgage Corporation
Overview
Foundation Mortgage Corporation is a mortgage lender focused on Non-QM lending, a category of mortgage products outside standard qualified-mortgage guidelines. Its lending model is built around wholesale and non-delegated correspondent channels.
Mortgage options
The company's mortgage options center on Non-QM products. Foundation Mortgage Corporation also lists VA loans as a specialty.
How it works
Foundation Mortgage Corporation works with brokers and correspondents. The company says its information is intended for industry professionals and not for consumers.
Locations
Foundation Mortgage Corporation has five branches in Arizona, Florida, and Hawaii.
Company details and licensing
Foundation Mortgage Corporation is a Florida corporation formed on December 11, 1998. Its headquarters are at 1680 Michigan Ave STE 700 - 37, Miami Beach, Florida 33139. The company also uses the trade names Foundation Funding Corporation, FMC Mortgage, and Foundation Lending Corporation. Its NMLS company ID is 5057. Licensing is verifiable through NMLS Consumer Access.
Verify NMLS #5057 on NMLS Consumer Access
Sources
Sources last checked . These are the outside records this profile was written from. FreeRateUpdate is not affiliated with them, and they have not reviewed, endorsed, or approved FreeRateUpdate or this page.
Frequently Asked Questions
What is Foundation Mortgage Corporation's NMLS number?
Foundation Mortgage Corporation's NMLS number is 5057. You can look up its license status on NMLS Consumer Access, at nmlsconsumeraccess.org.
Has FreeRateUpdate verified Foundation Mortgage Corporation's NMLS ID?
Yes. We checked Foundation Mortgage Corporation's company name and NMLS ID against the NMLS record on October 2, 2026. That confirms who the company is. It isn't an endorsement, and it doesn't check their license in any particular state.
Where can I learn more about Foundation Mortgage Corporation?
This page has Foundation Mortgage Corporation's NMLS identity, which we verified, and its company details, with links to the records they come from where we have them. For its license status in a particular state, check NMLS Consumer Access.