<PAGE>

                                                                    Exhibit 32.1

                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTIONS 1350
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Annual Report of Franklin Credit Management Corporation
(the "Company") on Form 10-K for the period ending December 31, 2003 as filed
with the Securities and Exchange Commission on the date hereof (the "Report"),
I, Seth Cohen, Chief Executive Officer of the Company, certify, pursuant to 18
U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002, that:

1.  The Report fully complies with the requirements of Section 13(a) or 15(d) of
    the Securities Exchange Act of 1934; and

2.  The information contained in the Report fairly presents, in all material
    respects, the financial condition and results of operations of the Company.

/s/ Seth Cohen
-----------------------
Seth Cohen
Chief Executive Officer
March 31, 2004

The foregoing certification is being furnished solely pursuant to Section 906 of
the Sarbanes-Oxley Act of 2002 (18 U.S.C. 1350) and is not being filed as part
of the Form 10-K or as a separate disclosure document.

A signed original of this written statement required by Section 906 has been
provided to Franklin Credit Management Corporation and will be retained by
Franklin Credit Management Corporation and furnished to the Securities and
Exchange Commission or its staff upon request.

                                       29

<PAGE>

                                                                    Exhibit 32.2

                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Annual Report of Franklin Credit Management Corporation
(the "Company") on Form 10-K for the period ending December 31, 2003 as filed
with the Securities and Exchange Commission on the date hereof (the "Report"),
I, Alan Joseph, Chief Financial Officer of the Company, certify, pursuant to 18
U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002, that:

1.  The Report fully complies with the requirements of Section 13(a) or 15(d) of
    the Securities Exchange Act of 1934; and

2.  The information contained in the Report fairly presents, in all material
    respects, the financial condition and results of operations of the Company.

/s/ Alan Joseph
------------------------
Alan Joseph
Chief Financial Officer
March 31, 2004

The foregoing certification is being furnished solely pursuant to Section 906 of
the Sarbanes-Oxley Act of 2002 (18 U.S.C. 1350) and is not being filed as part
of the Form 10-K or as a separate disclosure document.

A signed original of this written statement required by Section 906 has been
provided to Franklin Credit Management Corporation and will be retained by
Franklin Credit Management Corporation and furnished to the Securities and
Exchange Commission or its staff upon request.

                                       30