Shoreham Bank is a federally regulated savings bank located in Warwick, Rhode Island. It previously operated as Home Loan & Investment Bank before rebranding in March 2024. [1, 2]

 

Overview

• Founded: 1959

• Headquarters: Warwick, Rhode Island

• Insurance: FDIC insured

• Status: Equal Housing Opportunity Lender [1, 2]

 

Key Services

• Small Business Lending: Operates as a nationwide preferred SBA and USDA lender, providing loans up to $6 million for commercial real estate, working capital, and acquisitions. [1, 2, 3]

• Residential Mortgages: Offers a variety of home purchase, refinance, and debt consolidation loan options. [1, 2]

• Specialty Lending: Known nationally as a top FHA Title 1 home improvement lender without equity requirements, alongside flexible auto and boat financing with no age limits. [1, 2]

• Personal Banking: Provides savings accounts, high-yield certificates of deposit, and interest-bearing checking accounts. [1]

 

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