This investigation presents the effect of different interlaminar hybridization and localized in-plane edge loads on the vibration and buckling characteristics of hybrid fiber metal laminates (HFMLs) by developing finite element formulation. A 9-noded heterosis plate element has been used to discretize the plate by taking into account the effect of shear deformation and rotary inertia. Since the stress distribution within the plate element is highly non-uniform in nature, the dynamic approach has been used to solve the buckling problems wherein two sets of boundary conditions are used, one for pre-buckling stresses and another for buckling load calculations. The present study consists of aluminum metal face sheets bound with four layered symmetric hybrid cross-ply and angle-ply laminate schemes. In each scheme, six different hybrid combinations have been considered. The performance of each hybrid combination is investigated under various loading combinations. Further, the effect of different parameters such as boundary condition, thickness of plate, width and position of localized edge loads, plate aspect ratio, and hybrid configurations are included in this work. The effect of each parameter is well investigated and explained by plotting mode shapes. It is revealed from the study that the hybrid configurations and localized edge loads significantly affect the vibration and buckling characteristics.