Cash When You Need It! Cash When You Want It!
Borrowing money can make life easier and more enjoyable when you need extra cash. At F&M Bank, we’ll work closely with you to set up a loan that matches your specific need ... with repayment options that fit your budget.
For your added convenience, we can deduct your monthly loan payment directly from your F&M checking or savings account ... or you can pay it using your Personal Online Banking. Contact any F&M Bank office today, and we will help you explore a loan option that’s right for you.
Whether you are interested in a loan or line of credit, F&M Bank has an assortment of installment loans, home equity loans, or home equity lines of credit that make borrowing the money you need fast, simple and affordable.
If you are borrowing a specific amount of money for one particular need ... and prefer the predictability of fixed monthly payments, ask us about an Installment Loan.
If you own your own home, you may have access to equity that can be used for smart borrowing – funding important projects like home improvements and higher education. Equity loans and lines of credit offer affordable interest rates and terms. These loan types are great tools to help achieve your financial goals.
At F&M, we offer Home Equity Loans with a fixed rate or Home Equity Lines of Credit (HELOCs) with fixed and variable rate options that offer a lot of flexibility.
Home Equity Loans
Home equity loans are fixed-term loans granted by a lender to a borrower based on the equity in the home. You apply for the set amount needed, and if approved, receive that amount in a lump sum upfront. The home equity loan has a fixed interest rate and a schedule of fixed payments that must be made over the life of the loan.
Home Equity Lines of Credit
HELOCs are a good option for homeowners who are looking to take advantage of the equity they hold in their residence. Unlike a home equity loan that is paid to the borrower in a lump sum, HELOCs are more flexible and allow you to borrow lower amounts over time. You take the money you need when you need it. This can keep monthly payments lower and help you avoid unnecessary debt and interest charges.
A HELOC offers a line of credit you can borrow against at your discretion. F&M offers fixed and variable interest rate options to fit your needs. Just click the link below to get started. Once your inquiry is received, a member of our team will respond and guide you through the entire loan process.
By Clicking Submit you agree that you are providing express written consent to be contacted by F&M Bank and its employees (together, “F&M Bank”) by email or at any of the telephone number(s) provided above by using an automatic telephone dialing system or an artificial or prerecorded voice or via text/SMS message, even if any of the telephone number(s) is assigned to a cellular or mobile telephone service or other service for which the called party is charged. You also expressly agree that F&M Bank may contact you by email, or at any of the telephone number(s) provided even if you have registered such number(s) on a federal, state, or corporate “do not call” registry or have requested to be placed on an internal “do not call” list. You are not required to provide this consent as a condition of purchasing or receiving any property, goods, or services from F&M Bank. As an alternative, you may call F&M Bank directly at 800-645-4199.
If you have various upcoming expenses and require some long-term flexibility of drawing funds as needed, ask us about a personal line of credit. Like a credit card, your monthly payments will vary based on how much credit you’ve used.
Choosing the right credit card is easier than ever.
Whether you want to pay down balances faster, maximize cash back, earn rewards or begin building your credit history, we have the ideal card for you!
No matter which card you choose, you'll enjoy important features like:
*Elan Financial Services provides zero fraud liability for unauthorized transactions. Cardholder must notify Elan Financial Services promptly of any unauthorized use. Certain conditions and limitations may apply.
The creditor and issuer of these cards is Elan Financial Services, pursuant to separate licenses from Visa U.S.A. Inc. and Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
Convenient Services Make Borrowing E-A-S-Y!
Automatic Payment – We can automatically deduct any F&M Bank loan payment from your checking or savings account each month. That means no more writing and mailing checks ... or unnecessary fees from accidental late payments.
Overdraft Protection – Overdraft protection guarantees that your checking account will always have ample funds to cover checks or scheduled electronic loan payments.
eBANKING – Personal Online Banking, ATM and TELEPHONE Banking services let you monitor your loan activity at your convenience. You can verify loan balances and track other account activity from anywhere, any time of the day or night. You can also make your payment by electronically transferring funds from any of your deposit accounts.
Personal Loan Application
Get the loan process started. Click below to print out a credit application.