Internet Direct Since 1989
Shoreline Mortgage was founded in 1989 as an Internet Direct Lender, committed to using technology to provide a lower cost, more convenient mortgage to our customers. Our system eliminates the commissioned loan officer, the highest cost component of the mortgage process. We further reduce costs by utilizing automated underwriting systems and other technologies, and by funding throughout the state of Florida from a single location. Shoreline Mortgage was founded by Michael Minkoff who continues to serve as president.
Federal and State Regulated
We are licensed and in good standing with multiple Federal and State regulatory agencies including:
Guaranteed Closing Costs
While other lenders provide you with a “Loan Estimate” aka Good Faith Estimate of closing costs, Shoreline Mortgage provides you with a Guarantee of Closing Costs. We guarantee not only the lender related fees but those of third party service providers as well.
Online Application & Approval
Our user-friendly online application can be completed in approximately 15 minutes. Upon submission, your application will be run through our Automated Underwriting System and you will be given the option to lock or float your rate. You will also be provided with a list of required documents (income, asset, identification etc.) and a secure Internet portal to electronically upload the documentation. Apply Now
Free Pre-Qualification and Pre-Approval Letters
For customers looking to purchase a new home, upon completion of our online application, we will issue you a Pre-Qualification Letter based on the information you provide in your application and your credit report. We then take the process one step further. At no cost to you, we will collect your supporting documentation (such as paystubs and bank statements), underwrite your file and issue a Pre-Approval Letter. This is the strongest approval you can obtain prior to executing a contract to purchase a specific home, and will greatly strengthen your offer. It also allows us to close your loan in as few as 10 days from contract date, giving you added bargaining power! Learn More
We are committed to conducting business in accordance with the highest ethical standards in order to merit the complete trust of our customers, vendors, loan investors, regulators, the general public and our fellow employees. All business decisions are made in a manner consistent with our Core Values and Code of Ethics.
Commitment to Customer Service
We recognize the importance of delivering a high level of customer service in addition to great rates. All of our employees are committed to maintaining our Customer Service Standards.