Financial Solutions for Life's Journey.
Mortgage Experts - Let's Get Started Today!
Thank you for choosing Shoreham Bank as your home financing partner. With over 50 years of experience, Shoreham Bank specializes in mortgage finance and refinance solutions. We are committed to making the application process as quick and easy as possible.
For that, we need your help. Please consult the appropriate checklist below, gather the documents and return them to your loan officer using one of our secure systems.
Prioritize Security!
The safety and security of your personal and financial information is paramount to us. You will receive an email from your lender with instructions for using our secure, password-protected website, which you will use to for all your required documents.
This portal will give you 24-hour access to the status and details of your application. If you are unable to use a web-based portal, your loan officer will send you an encrypted email with instructions. We cannot assure the security of your documents if you choose to send them to us via unsecured email or outside of our secure web portal.
CONVENTIONAL LOANS
The Standard Fixed Rate Loan provides the stability of a set monthly payment. We offer a variety of programs with short to long terms, competitive rates, cash out options and other features that make refinancing more affordable. The Purchase Loan is available for borrowers looking to purchase a property. Our purchase loans offer a low down payment option and a fixed rate throughout the life of the loan.
FHA LOANS
The FHA loan is a federally insured loan which offers easier credit and LTV guidelines. Additional features of an FHA loan include short to long term, cash out refinancing and low, competitive rates.
VA LOANS
VA Loans are mortgages insured by the U.S. Department of Veterans Affairs. These loans have flexible terms and are available to Veterans and their spouses. Shoreham Bank is proud to support our veterans with this program.
RI & MA HOUSING
Shoreham Bank is a lending partner with RI Housing and MA Housing. For RI Housing, both Conventional and FHA mortgages may be combined by First Time Home-buyers with RI Housing’s Extra Assistance Program to help finance the down Payment and/or closing costs.
