The 40-year-old signed up to play Megan last October and arrived on screen in February. She had previously been working as part of the creative team on BBC One's The Syndicate, which was written by her mother Kay Mellor.
Speaking on Loose Women today (May 17), the actress hailed Emmerdale as a perfect job as she lives close to the show's studios in Leeds.
Faye commented: "It's such bliss to be able to wake from my own bed. I've toured for three or four years before that, doing lots of theatre and things. In fact, I was at the point of thinking of changing my career - starting writing and getting into the script editing more.
"I actually script edited The Syndicate, and I started to do that thinking that was more for me. I wanted to be at home and see my kids growing up, because you blink and they've gone off to university."
Faye added that she first became interested in joining Emmerdale when she watched Jackson Walsh's tragic storyline last year.
She said: "I'd watched the suicide plot, and I just thought that they researched it so well. They handled it all so sensitively. I remember watching an interview [with] the producers and the cast members on This Morning, and just thinking what a great show it was and going, 'Oh, that's Yorkshire!'
"Then I thought nothing more of it, and it all just fell into place, really."
Emmerdale fans will see Megan reunited with her son Robbie in tonight's double bill of the soap.