About Fedrate Mortgage
Fedrate Mortgage LLC is an independent mortgage brokerage owned by Deepu Raveendran and licensed in Texas and Florida. It compares loan options across multiple wholesale lenders on a borrower's behalf, rather than selling one lender's products.
- Legal name
- Fedrate Mortgage LLC
- What it is
- An independent mortgage brokerage
- Owner and broker
- Deepu Raveendran
- Licence
- NMLS #2009353
- Licensed in
- Licensed in Texas and Florida
- Experience
- Eight years in the industry
- Phone
- (972) 666-8000
Mortgage guidance for Indian and Kerala communities
Fedrate Mortgage welcomes homebuyers in Texas and Florida from Indian communities, including families with roots in Kerala. Deepu explains loan options in English or Malayalam, helping you prepare questions and understand your next step.
Our service area is Texas and Florida, including Dallas and Fort Worth. We welcome borrowers from all communities. This is guidance for property in these states, not lending for property in India.
Talk with DeepuWhat Fedrate Mortgage is
Fedrate Mortgage LLC is a mortgage brokerage. It is not a bank and it is not a lender. A bank's loan officer can offer you that bank's loans, and no others. A broker takes your situation to several wholesale lenders and comes back with what each of them will do, so the comparison itself is the thing you are being given.
The brokerage is owned and run by Deepu Raveendran. It is licensed in Texas and Florida, and it does not work outside those two states.
The broker
Deepu Raveendran owns Fedrate Mortgage and works with borrowers himself, from the first conversation through to closing day. The broker details are in the table above.
How to check the licence
Every mortgage originator in the United States carries a unique NMLS identifier, and anyone can look one up. Ours is in the table above.
Checking it is a sensible thing to do before you hand financial details to anybody, and we would rather you did it than took our word for it.
Where we work
The main focus is the Dallas and Fort Worth metroplex, with Florida served alongside it. More about the areas we serve.
What we broker
Residential loans, from purchase and refinance to FHA, VA, USDA, jumbo and reverse mortgages, and commercial loans, including SBA-backed finance. Every program has a page setting out who it suits, what a lender will ask for, and what is worth weighing up before you choose. See the loan programs.
Start with a pre‑qualification request
Tell us what you want to do and where, and we come back with options compared across multiple wholesale lenders. A pre-qualification request starts it, and nothing is a commitment until a lender has reviewed your file.