FDIC-Insured - Backed by the full faith and credit of the U.S. Government
F&M Bank

GrowMD

Home Financing for the Professionals Who Care for Our Communities

Why Choose a Medical Professional Mortgage?

Traditional mortgage programs don't always account for the realities of beginning a medical career. Our Medical Professional Mortgage Program offers financing solutions tailored specifically for eligible healthcare professionals purchasing a primary residence.

F&M Bank's GrowMD Program is designed to recognize the unique financial circumstances many healthcare professionals face, including student loan debt, delayed employment start dates, and limited savings after years of education.

With flexible underwriting and financing options, you can focus on your future while we help you finance your home.








Program Benefits

Up to 100% Financing
Qualified borrowers may finance up to 100% of the home's purchase price, helping reduce upfront costs.*
 
*limits apply

No Borrower-Paid Mortgage Insurance

Enjoy the benefits of high loan-to-value financing without borrower-paid mortgage insurance, potentially lowering your monthly payment.
Lower Reserve Requirements
Eligible borrowers may qualify with as little as two months of reserves, making homeownership more accessible.
Buy Before Your New Job Begins
Accepted an employment offer? Eligible borrowers may close on their home up to 90 days before employment begins, making relocation easier.
Flexible Student Loan Consideration
Student loan payments may be excluded from qualifying when the loans have at least 12 months of documented deferment or forbearance, subject to program guidelines.





















Who Qualifies?

Our Medical Professional Mortgage Program is available to qualified borrowers purchasing a primary residence.

Eligible professionals may include:

  • Doctor of Podiatric Medicine (DPM)
  • Doctor of Osteopathy (DO)
  • Pharmacist
  • Chiropractor (DC)
  • Doctor of Veterinary Medicine (DVM)
  • Certified Registered Nurse Anesthetist (CRNA)
  • Physician Assistant (PA)
  • Medical Resident
  • Medical Fellow
  • Medical Doctor (MD)
  • Doctor of Dental Surgery (DDS)
  • Doctor of Dental Medicine (DMD)
  • Doctor of Optometry (OD)
  • Doctor of Ophthalmology (MD)









iOS and Android Users

Download the F&M Bank app on your mobile device.
































































































Frequently Asked Questions
A Medical Professional Mortgage is a home loan designed specifically for eligible healthcare professionals. It offers flexible underwriting features that may include high loan-to-value financing, no borrower-paid mortgage insurance, and special consideration for employment contracts and student loan debt.
Yes. Eligible borrowers may purchase a home up to 90 days before their employment begins, provided all program requirements are met.

Possibly. Student loan payments may be excluded from qualifying calculations if the loans have at least 12 months of documented deferment or forbearance and meet program requirements.

The Medical Professional Mortgage Program is available for the purchase of owner-occupied primary residences. Additional property requirements and underwriting guidelines apply.

At F&M Bank, we understand that your path to homeownership may look different from the traditional borrower. Our experienced Mortgage Loan Advisors work with healthcare professionals throughout our communities to find financing solutions that fit their unique goals.

Whether you're relocating for a residency, purchasing your first home, or moving closer to your practice, we're here to help every step of the way.

















Not a commitment to lend. Available for qualified borrowers purchasing or refinancing a primary residence. Subject to credit approval, underwriting guidelines, property eligibility, and program requirements. Not all applicants will qualify. Terms and conditions are subject to change without notice. Member FDIC. NMLS # 414464