FALCO (Fast Linearized Coronagraph Optimizer) performs coronagraphic focal plane wavefront correction. It includes routines for pair-wise probing estimation of the complex electric field and Electric Field Conjugation (EFC) control. FALCO utilizes and builds upon PROPER (ascl:1405.006) and rapidly computes the linearized response matrix for each DM, which facilitates re-linearization after each control step for faster DM-integrated coronagraph design and wavefront correction experiments. A MATLAB implementation of FALCO (ascl:2304.004) is also available.