What Royal Charter Mortgage does

Royal Charter Mortgage is a privately held residential mortgage brokerage and lender headquartered in Fresno, California, operating under California Department of Real Estate Broker License #00853520 and NMLS Unique Identifier #330426. The company originates home purchase and refinance mortgages through a network of six named individual loan officers (David Schilling, Steve Morgan, Casey Anderson, Terry Ward CMB, Cathy Vidaurri, Aaron Bunting), serving consumers across California including the Fresno, Central Valley, and Bay Area regions. The product portfolio spans standard fixed-rate mortgages (15- and 30-year), adjustable-rate and hybrid ARM products (3/1, 5/1, 7/1), interest-only, no-mortgage-insurance, 1st/2nd combo loans, 2/1 buy-down mortgages, and home refinancing services, supplemented by Terry Ward's LeapFrog Home Financing Workshops as a consumer-education acquisition channel.

The technology stack centers on industry-standard automated approval/underwriting systems that enable on-the-spot pre-approvals, paired with per-officer digital borrower portals hosted on my1003app.com that support online application, registration, and pipeline tracking. The website also publishes a mortgage glossary and loan checklist as content assets. Distribution is built on individual loan officer direct outreach, supplemented by a formalized referral partnership with London Properties, an affiliated Central Valley real estate broker with an explicit Affiliated Business Disclosure arrangement, generating a top-of-funnel pipeline for home purchase mortgages.

Royal Charter Mortgage generates revenue primarily through transaction-based mortgage origination fees on closed loans, which may be held in portfolio or sold into the secondary market including to Fannie Mae and other investors. Pricing is not publicly disclosed; rates and fees are quoted individually based on borrower creditworthiness, loan-to-value, and market conditions. The company is privately held, independently owned, and has no disclosed outside investors, parent company, or subsidiaries.

Name

Royal Charter Mortgage

Legal name

Royal Charter Mortgage

Website

https://royalcharter.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Royal Charter Mortgage is a private Fresno, California-based residential mortgage brokerage originating purchase and refinance loans through six individual loan officers across California, using automated underwriting and digital borrower portals, and generating revenue through origination fees on closed loans.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Loan Brokers (6163), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Commercial Mortgage Brokerage (FSAEAEAB)

Keywords

• Residential mortgage lending
• Home refinance services
• Fixed rate mortgages
• Adjustable rate mortgages
• Mortgage brokerage services

Headquarters

HQ city

Fresno

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Mortgage Origination Fees: Royal Charter Mortgage generates revenue through mortgage origination fees charged to borrowers when originating home purchase and refinance loans. As a mortgage broker and lender, they originate loans that may be held in portfolio or sold to secondary markets including Fannie Mae and other investors.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Royal Charter Mortgage is a private mortgage brokerage and California real estate broker headquartered in Fresno that originates residential home purchase and refinance loans through a network of six individual loan officers. Its product portfolio includes thirty-year and fifteen-year fixed-rate mortgages, hybrid adjustable-rate mortgages (3/1, 5/1, 7/1), traditional ARMs, 2/1 Buy Down mortgages, interest-only options, no-mortgage-insurance options, and 1st/2nd combo loans, supplemented by home refinancing services and LeapFrog Home Financing Workshops.

Product overview

Royal Charter Mortgage is a mortgage lending company operating as a network of individual loan officers who offer various loan products to homebuyers and those seeking refinancing. The core product portfolio consists of fixed-rate mortgages (15-year and 30-year terms), adjustable rate mortgages (including hybrid ARMs such as 3/1, 5/1, and 7/1 products), and specialty products like the 2/1 Buy Down Mortgage. The company also provides home refinancing services and educational workshops. Services are delivered through six named loan officers: David Schilling (Broker/Loan Officer), Steve Morgan, Casey Anderson, Terry Ward CMB (Certified Mortgage Banker), Cathy Vidaurri, and Aaron Bunting. The company is affiliated with London Properties for real estate referrals and is headquartered in Fresno, California.

Differentiator

Problem solved

Functional benefit

Products and services

• Thirty-Year Fixed Rate Mortgage A traditional 30-year fixed-rate mortgage with a constant interest rate and monthly payments that never change, designed for homebuyers planning to stay in their home for seven years or longer. Offered to individual consumers purchasing a primary residence.
• Fifteen-Year Fixed Rate Mortgage A mortgage fully amortized over a 15-year period with constant monthly payments and lower interest rates compared to 30-year loans, allowing homeowners to own their property twice as fast. Offered to individual consumers seeking faster equity buildup.
• Hybrid ARM (3/1 ARM, 5/1 ARM, 7/1 ARM) Adjustable rate mortgages that offer a fixed interest rate and payment for an initial period (3, 5, or 7 years) before converting to traditional adjustable-rate loans based on current market rates. Targeted at individual homebuyers seeking lower initial payments.
• Adjustable Rate Mortgage (ARM) A mortgage with an interest rate that adjusts based on market conditions, where longer rate lock periods result in higher costs. Offered to individual consumers seeking payment flexibility.
• 2/1 Buy Down Mortgage A mortgage program that allows borrowers to qualify at below-market rates with an initial rate that increases by 1% at the end of the first year and another 1% at the end of the second year before stabilizing. Targeted at individual homebuyers needing temporary payment relief.
• Home Refinancing Mortgage refinancing services that allow homeowners to replace their existing mortgage with a new one, potentially lowering monthly payments, shortening loan terms, or accessing home equity. Targeted at existing homeowners seeking rate reduction, cash-out, or term changes.
• LeapFrog Home Financing Workshops Purchase, refinance, and homeownership workshops offered by Terry Ward CMB to help homebuyers gain knowledge and confidence for a successful home search. Targeted at prospective and current individual homeowners seeking education.
• Loan Officer Services Individual loan officers provide personalized mortgage guidance, loan options comparison, and assistance through the application and approval process. Loan products offered include fixed rate, adjustable, interest only, no mortgage insurance, and 1st/2nd combos. Targeted at individual consumers seeking guided mortgage origination.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• London PropertiescoreChannel Partner/ Reseller/ DistributorLondon Properties is a real estate broker affiliated with Royal Charter Mortgage. They are referenced as 'the most trusted name in real estate' on the Royal Charter Mortgage website, which provides access to thousands of property listings. London Properties directs home buyers to Royal Charter Mortgage for mortgage financing, creating a referral pipeline for home purchase mortgages. The partnership includes an Affiliated Business Disclosure indicating a formal business relationship.

Scale indicators1 record

Recent moves1 record

Expansion highlights4 records

Direct peers

• Better.com: Digital-native mortgage lender offering fully online purchase and refinance products. Directly competes with Royal Charter's online application and self-service portal motion for the same California consumer base.
• Guaranteed Rate: National retail mortgage lender with a digital platform (Rate.com) and loan officer network. Competes for the same direct-to-consumer purchase and refinance flow that Royal Charter pursues through its loan officers.
• Cardinal Financial: National mortgage lender offering retail and wholesale origination across conventional, government, and specialty products. Comparable in business model (retail loan officers, broker-like origination flow) to Royal Charter.
• loanDepot: One of the largest U.S. retail mortgage lenders and brokers, operating a direct-to-consumer model with significant California footprint. Competes head-to-head with Royal Charter in conventional purchase and refinance origination.
• Guild Mortgage: California-headquartered retail mortgage lender with a strong Western U.S. branch network and broad product menu, overlapping directly with Royal Charter's California geographic focus and conventional/ARM product set.
• Caliber Home Loans: Large retail and wholesale residential mortgage lender offering conventional, government, and non-QM products. Competes directly for purchase and refinance borrowers in California with similar broker-style retail motion.
• United Wholesale Mortgage (UWM): The largest U.S. wholesale mortgage lender, providing the loan products and pricing that mortgage brokers — including brokers like Royal Charter — sell through to consumers. A core upstream counterpart and competitor for retail broker share.
• NewRez (formerly New Penn Financial): National mortgage lender and servicer offering retail and wholesale origination. Overlaps with Royal Charter across conventional purchase, refinance, and home equity products distributed through retail loan officers.

Regional players

• Paramount Equity: California-focused residential lender, primarily active in Central Valley and Northern California markets. Direct geographic and product overlap with Royal Charter's Fresno/Central Valley footprint.

Broad incumbents

• Rocket Mortgage: The largest U.S. mortgage originator with a digital-first, direct-to-consumer model. Competes for the same purchase and refinance customers that Royal Charter serves, with vastly greater scale and marketing spend.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/royalcharter

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Royal Charter Mortgage