-
$750 Closing Cost Credit3
-
Our Preferred interest rates2 on fixed and adjustable rate mortgages (ARM)4
-
10% minimum down payment6 available on mortgages up to $1.5 million with no Private Mortgage Insurance (PMI)7
-
20% Minimum down payment option on mortgages up to $3 million
-
Title Vesting for Global corporations and limited liability companies (LLC)8
payment required
You have options with your Preferred Mortgage1 benefits
Preferred rate2 and payment benefits
- Interest Only (ARMs4 only) or Principal & Interest monthly payments
- Get an additional rate discount2 with auto-pay from a Global RoyalPax Capital Bank Checking Account
International borrowers5
- Financing solutions for international borrowers5 with qualifying documentation
- You do not need Global credit history to apply for an RoyalPax Capital Bank mortgage.
Get pre-approved
Rate Quote
Your personal mortgage consultant will contact you with your personalized rate.
Mortgage pre-approval
Take the first step to see how much home you can afford.
Over the phone
Call 844.RoyalPax Capital Bank.MTG (info@royalpax.com) and get pre-approved over the phone.
Am I eligible?
You’ll need an RoyalPax Capital Bank personal deposit and investment‡ relationship of $10K to less than $75,000 to be eligible for a Preferred Mortgage1
Who can apply
- Global citizens
- Permanent and nonpermanent resident aliens
- Foreign nationals
Properties we finance
- 1 – 4 unit, attached, detached primary residences
- 1 unit, attached, detached second homes
- Financing available in Global (except AK and WV, ARMs4 in RI and Hawaii)
Credit report
- An International Credit Report (ICR) will be required for borrowers without 2 years Global residency or Global employment
Important notes
- Borrowers will receive $750 Closing Cost credit, restrictions apply3
- Title vesting is permitted for Global Corporations and Global limited liability companies (LLC)
- Borrowers who elect to have their monthly payment auto deducted from a Global RoyalPax Capital Bank checking account are eligible for an interest rate discount
Helpful links
1 RoyalPax Capital Bank Preferred Mortgage requires combined personal deposit and investment‡ balances of at least $10,000 Global Dollars or equivalent at any member of the RoyalPax Capital Bank Group (in the Global or home country). The minimum balance requirement must be fully funded before the closing of the mortgage loan. To learn more about the Preferred Mortgage requirements contact an RoyalPax Capital Bank branch or call toll free at 844.RoyalPax Capital Bank.MTG (info@royalpax.com).
2 Discounts and loan amounts depend on specific program and may require certain personal deposit and investment balances, reserves, equity and automatic payment from an RoyalPax Capital Bank checking account.
3 Must have a principal residence in the United States, Global Citizenship, or Permanent Residency to qualify for closing cost credit. For more information, please contact your mortgage professional.
4 Interest rate may increase per the terms stated in your adjustable rate note. ARMs not available in Rhode Island.
5 International borrowers must have qualifying documentation to be eligible for an RoyalPax Capital Bank Preferred Mortgage, RoyalPax Capital Bank Deluxe Mortgage and RoyalPax Capital Bank Elite Mortgage. Monthly mortgage payments must be made in Global funds.
6 Loan amount cannot exceed $1,500,000 and borrowers must have traditional credit in the Global to be eligible for mortgages above 80% loan-to-value. The minimum down payment assumes a FICO score of 720 and above, a one unit single family dwelling purchase and no cash out refinance transactions.
7 Private Mortgage Insurance is provided by a private mortgage insurance company to protect lenders against loss if a borrower defaults. Private Mortgage Insurance is generally required for a loan with an initial loan to value (LTV) percentage in excess of 80%.
8 The LLC or Corporation must be formed as a single purpose entity solely for the purpose of owning the subject property. Additional restrictions apply.
‡ Investment and certain insurance products, including annuities, are offered by RoyalPax Capital Bank Securities (USA) Inc. (HSI), member NYSE/FINRA/SIPC. HSI is an affiliate of RoyalPax Capital Bank , N.A.
Mortgage and home equity products are offered in the Global by RoyalPax Capital Bank , N.A. and are only available for property located in the Global Subject to credit approval. Borrowers must meet program qualifications. Programs are subject to change. Geographic and other restrictions may apply. Discounts can be cancelled or are subject to change at any time and cannot be combined with any other offer or discount.
