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Lending Solutions

If you are unsure which lending solution is right for you, then please call 610.668.4700 or locate a branch closest to you for assistance.

Home Equity Line of Credit
Among the best borrowing rates in the region

  • Ongoing access to funds
  • Draw funds when needed
  • Variable rate
  • 10-year interest-only payment, then 15 year repayment period
  • Borrow up to 80% of your home’s equity
  • Tax deductible interest rate*

Home Equity Loan

  • Big ticket items
  • One-time funding
  • Fixed-rate financing
  • Payment amortized up to 15 years
  • Borrow up to 80% of your home’s equity
  • Tax deductible interest rate*

Residential Mortgages

  • Fixed-Rate Conventional Mortgages
  • Local Processing
  • Regional Underwriting
  • In conjunction with GMH Mortgage Services
LEARN MORE
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Personal Loans and Lines of Credit
A truly flexible financing option offering variable and fixed-rate loans.

  • Simplified application process with no application or closing fees
  • Fast approvals
  • No collateral requirements
  • Competitively priced compared to most retail/store credit card rates
  • Reduced interest rate for loyal customers with direct debit from their Royal consumer checking account
  • Can be used to provide overdraft protection
Lending Rates
Home Equity Loans
$10,000 to $415,000
(with Royal Bank America in 1st lien position and with Direct Debit# from Royal Bank America account | No Application Fee)
Term Amount Financed
($10,000 – $49,999)
Amount Financed
($50,000 – $415,000)
1 – 5 Years 3.99% APR Fixed 3.74% APR Fixed
6 – 10 Years 4.49% APR Fixed 4.24% APR Fixed
11 – 15 Years 4.99% APR Fixed 4.74% APR Fixed
(with Royal Bank America in 2nd lien position and with Direct Debit# from Royal Bank America account | No Application Fee)
Term Amount Financed
($10,000 – $49,999)
Amount Financed
($50,000 – $415,000)
1 – 5 Years 4.99% APR Fixed 4.49% APR Fixed
6 – 10 Years 5.49% APR Fixed 4.99% APR Fixed
11 – 15 Years 5.99% APR Fixed 5.49% APR Fixed
$415,001 to $750,000
(with Royal Bank America in 1st lien position and with Direct Debit# from Royal Bank America account | Fees apply)
Term Amount Financed
($415,001 to $750,000)
10 Years 5.24% APR Fixed
15 Years 5.74% APR Fixed
$750,001 to $1,250,000
(with Royal Bank America in 1st lien position and with Direct Debit# from Royal Bank America account | Fees apply)
Term Amount Financed
($750,001 to $1,250,000)
10 Years 5.74% APR Fixed
15 Years 6.24% APR Fixed

#All home equity loan rates without Direct Debit from a Royal Bank America account are plus 0.50%.

Fees may be assessed for an appraisal, title search, flood search, credit bureau, mortgage recording, and satisfaction fee. For loans amounts above $250,000 customers are responsible for Title insurance.

Home Equity Lines of Credit
$10,000 to $415,000
(with Direct Debit# from Royal Bank America account | No Application Fee | No Early Termination Fee | No Annual Fee | Title insurance applies to amounts above $250,000)
Amount Financed Annual Percentage Rate (APR) (Variable**)
$10,000 – $49,999 4.00% APR (prime plus 0.25%)
$50,000 – $415,000 3.75% APR (prime)
$415,001 to $750,000
(with Direct Debit# from Royal Bank America account | Fees apply)
Amount Financed Annual Percentage Rate (APR) (Variable**)
$415,001 – $750,000 5.00% APR (prime plus 1.25%)
$750,001 to $1,250,000
(with Direct Debit# from Royal Bank America account | Fees apply)
Amount Financed Annual Percentage Rate (APR) (Variable**)
$750,001 – $1,250,000 6.00% APR (prime plus 2.25%)

#All home equity loan rates without Direct Debit from a Royal Bank America account are plus 1.0%. Fees may be assessed for an appraisal, Title search, flood search, credit bureau, mortgage recording, and satisfaction fee.

**Variable rate is based on Wall Street Journal Prime (3.75% as of 12/15/16) and is subject to change. Minimum APR is 2% and maximum APR is 18%.

Second Home Lending
Home Equity Loan
$10,000 – $415,000
(with Royal Bank America in 1st lien position and with Direct Debit# from Royal Bank America account | Fees apply | No Application Fee)
Term Amount Financed
($10,000 – $49,999)
Amount Financed
($50,000 – $415,000*)
1 – 5 Years 5.49% APR Fixed 4.99% APR Fixed
6 – 10 Years 5.99% APR Fixed 5.49% APR Fixed
11 – 15 Years 6.49% APR Fixed 5.99% APR Fixed
$415,001 to $750,000
(with Royal Bank America in 1st lien position and with Direct Debit# from Royal Bank America account | Fees apply | No Application Fee)
Term Amount Financed
($415,001 to $750,000*)
10 Years 5.49% APR Fixed
15 Years 5.99% APR Fixed
Home Equity Line of Credit
$10,000 to $415,000
(with Direct Debit# from Royal Bank America account | Fees apply | No Application Fee)
Amount Financed Annual Percentage Rate (APR) (Variable**)
$10,000 – $49,999 5.00% APR (prime plus 1.25%)
$50,000 – $415,000* 4.75% APR (prime plus 1.00%)
$415,001 to $750,000
(with Direct Debit# from Royal Bank America account | Fees apply | No Application Fee)
Amount Financed Annual Percentage Rate (APR) (Variable**)
$415,001 – $750,000* 6.00% APR (prime plus 2.25%)

#Second home financing rates without Direct Debit from a Royal Bank America account are plus 1.00% for home equity lines of credit and plus .50% for home equity loans. Fees will be assessed for an appraisal, Title search, flood search, and credit reports.

*For loan amounts above $250,000, customers are responsible for Title insurance.

**Variable rate is based on Wall Street Journal Prime (3.75% as of 12/15/2016) and is subject to change. Minimum APR is 2% and maximum APR is 18%.

Personal Loans
(with Direct Debit from Royal Bank America account* | No Application Fee)
Term Amount Financed Annual Percentage Rate (APR)
12 – 36 Months $500 – $2,500 13.49%
12 – 36 Months $2,600 – $15,000 10.74%
37 – 60 Months $2,600 – $15,000 11.74%

*Rates as shown with direct debit from a Royal Bank America consumer checking account. Rates without direct debit from a Royal Bank America consumer checking account are plus 3.00%.

Interest rates and annual percentage rates are subject to change and are accurate as of 12/15/16. All loans are subject to credit approval by Royal Bank America. All rates shown are Annual Percentage Rate (APR).

Personal Lines of Credit
(with Direct Debit from Royal Bank America account* | No Annual Fee | No Application Fee)
Amount Financed Annual Percentage Rate** (APR)
$500 – $15,000 9.25% (prime + 5.50%)

Floor rate: 6.50%. Maximum rate: 18%.

Minimum payment: $20 (monthly payment will include interest accrued for the month plus a principal reduction equal to 2% of the balance).

*If Royal Bank America consumer checking account or direct debit are terminated, line will convert to an unsecured term loan at current term loan rates with an amortization period of not more than 5 years.

**Variable rate is based on Wall Street Journal Prime (3.75% as of 12/15/16) and is subject to change.

*Consult your tax advisor.
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