An FM signal oscillator circuit includes a resonator having a graded- or abrupt-junction variable capacitance diode that is producible through standard IC manufacturing processes but causes an inconstant modulation level. The FM signal oscillator circuit, therefore, is provided with a function of maintaining a constant modulation level irrespective of oscillation frequencies. Namely, to maintain a constant modulation level without regard to oscillation frequencies that change depending on a control voltage applied to the variable capacitance diode, the FM signal oscillator circuit employs a variable gain amplifier whose gain changes in response to the control voltage. The variable gain amplifier amplifies a modulating signal, and the amplified modulating signal is superimposed onto the control voltage. The superimposed signal is applied to the variable capacitance diode, and a driver of the FM signal oscillator circuit provides an FM signal whose modulation level is constant irrespective of the control voltage that may vary. With this configuration, the FM signal oscillator circuit is producible as an integrated circuit through standard IC manufacturing processes at low cost.