Example of potential savings:
At Royal Consultants , we appreciate that finding a home and choosing a 1st mortgage is not only one of the most important decisions of your life, but it can also be one of the most confusing. Our trained Purchase Loan (First Mortgage) Specialists will walk you through the process and provide you with any and all important information you need to make the best decisions for yourself and your family.

The First Step

Your first step should be to obtain a written pre-approval from us. This not only assists you with setting a budget, but also lets the Seller know you are serious. At your convenience, one of our purchase loan specialists will be happy to discuss and prepare a written pre-approval for you. Secondly, we work closely with your Realtor to insure that every aspect of the buying process is covered. Let one of our purchase loan specialists personally answer any one of your questions.

We Understand Your Concerns

At Royal Consultants , we understand that home financing is as much a part of the financial planning equation as saving and investing. After all, your home is one of the most important investments you will make to secure your future. Royal Consultants offers residential first mortgages for the purchase of primary residences, second homes and investment homes. Additionally, Royal Consultants offers the lowest interest rates on all our purchase loans. You will find that our rates are often considerably below those available through other financial institutions.

Fixed Rate Mortgages

• Fully amortized - payment amount never changes.
• Convenient rate lock in.
• No-points and point options.
• Automatic monthly payments.
• Income tax savings.
• In most cases, interest on residential lending products is tax deductible.
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Adjustable Rate Mortgages

Adjustable Rate Purchase loans have the same down payment guidelines as conventional purchase loans, but Adjustable Rate Purchase loans have a rate that is set for one, three, five or seven years. After the initial period, the rate can move up or down no more than 2% per year to reflect market conditions. There is also a maximum lifetime cap. Rate changes will affect your monthly payments. Adjustable Rate Purchase loan rates are normally a little lower than conventional rates initially. Adjustable Rate Purchase Loans are a good choice if you are interested in a lower initial monthly payment, think you'll be in the home only for a couple years, or are willing to wait and see whether purchase loan rates go down within several years so you can refinance into a fixed rate loan at that time.
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Special 3/1 ARM

At Royal Consultants , we understand that home financing is as much a part of the financial planning equation as saving and investing. After all, your home is one of the most important investments you will make to secure your future. Royal Consultants offers residential first mortgages for the purchase of primary residences, second homes and investment homes. Additionally, Royal Consultants offers the lowest interest rates on all our purchase loans. You will find that our rates are often considerably below those available through other financial institutions.
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Special 3/1 ARM

For a limited time only, Royal Consultants is offering a special "3/1 ARM" purchase loan. This has an attractive rate for the first three years, and the rate will adjust each year thereafter. Caps are 1% annually and 5% lifetime, so you don't have to worry about a payment shock in three years with this purchase loan. No private first mortgage insurance is required, so you have a significantly lower monthly payment.
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Special 5/1 ARM

For a limited time only, Royal Consultants is also offering a special "5/1 ARM" purchase loan. This has an attractive rate for the first five years, and the rate will adjust each year thereafter. Caps are 1% annually and 5% lifetime, so you don't have to worry about a payment shock in five years with this purchase loan. No private first mortgage insurance is required, so you have a significantly lower monthly payment.
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Special 7/1 ARM

For a limited time only, Royal Consultants is also offering a special "7/1 ARM" purchase loan. This has an attractive rate for the first seven years, and the rate will adjust each year thereafter. Caps are 1% annually and 5% lifetime, so you don't have to worry about a payment shock in seven years with this purchase loan. No private first mortgage insurance is required, so you have a significantly lower monthly payment.
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First Time Homeowner's

This NEW first mortgage program lets members finance up to 100% of the value of their first home, plus 3% of the closing costs. It is a good plan for those members just starting out, who have qualifying credit and can afford the monthly payments, but may not have enough money for a down payment. You can borrow up to $150,000 (up to $154,500 with closing costs) with this purchase loan and may choose a fixed-rate purchase loan (for a limited time) or a "3/1 ARM."
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Temporary Buy-Down

This type of purchase loan is often called an "ARM alternative." It offers the advantage of starting out with a lower rate that adjusts to a fixed rate over a specified period of time.
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Temporary Buy-Down

Balloon purchase loans are yet another purchase loan option if you are not expecting to stay in your home for more than five to seven years. You can lock your rate for five or seven years at a rate normally lower than conventional fixed-rate purchase loans, but usually a little higher than a one, three or five year ARM. The entire purchase loan is due at the end of the five or seven year term but may be extended if you'd like, provided all guidelines are met. The final interest rate is determined based on the market at that time.

Again, so what are you waiting for? Apply now to instantly pre-qualify and let us do the rest! Don't worry about which program is best for you right now, just take the first step and fill out our simple and free .

Let one of the Royal Consultants experienced and knowledgeable purchase loan specialists see what they can do for you. In less than an hour, you can receive pre-approval for the perfect new home loan!

Royal Consultants does Business in Accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.

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