Is there a penalty if I pay off the loan early?

No. There is absolutely no penalty. You may pay off the loan at any time!

How will I make my payments to Texas Royalty Loans?

Your loan payments will be directly sent to Texas Royalty Loans from the producing well operator. Your monthly royalty income payment represents your monthly loan payment. We will release all liens associated with your loan when the balance is paid in full.

Who pays my ad valorem taxes on my royalty during the term of my loan?

Texas Royalty Loans will pay the ad valorem taxes each January during the term of your loan. The ad valorem taxes are paid by Texas Royalty Loans on your behalf and are reimbursed from the monthly royalty check.

How soon will I start receiving my royalty income again?

Once your loan is paid in full, Texas Royalty Loans will re-direct the royalty payments back to you.

What type of loan will I have and what will be the interest rate?

Your Texas Royalty Loan is a collateral loan that is secured by your mineral ownership interest; the interest charge is generally calculated on a monthly basis and determined by the average daily balance of your loan amount. Interest rates are usually 10%, but can vary due to the rate environment.

What determines the amount of loan I can receive?

Your loan amount will be determined primarily by two factors: the quality of the producing well and the amount of your monthly royalty payment.

Is there a minimum loan amount?

Yes. The minimum loan amount is $15,000, and to be eligible for a loan, your monthly royalty check from the production company should be a minimum of $500.

What are the terms of a Texas Royalty Loan and how are my payments calculated?

Loan terms generally range from five to seven years, and your loan payments will be calculated based on your monthly royalty check.

What personal information does Texas Royalty Loans need to process my loan application?

A copy of the two most recent monthly royalty check stubs or statements will start the process.

Can I still qualify for a Texas Royalty Loan if I have a low credit score or poor credit history?

Your producing mineral interest is your credit, and we do not factor your personal credit standing in our loan approval process.

Will I have any personal liability associated with the loan?

No. You have no personal liability with a Texas Royalty Loan.

What's the least amount I can order?

There's no minimum order requirement.

How can I set up an account?

Easily set up your account here.

Can I return a product?

Yes, you can return a product within 30 days of purchase.

Is there a charge to create an account?

No, it's free to create an account.

Why should I open an account?

An account ensures a faster checkout process and exclusive email promotions only for registered users.

Can I return items for a full refund?

Absolutely. If you're not completely satisfied, return your purchase within 30 days in its original packaging for a refund, excluding special and bullion orders.

Can I track my order?

Yes, you can track your order by logging into your account and navigating to the 'Order History' section.

Do you buy metals and coins from customers?

Yes, we purchase gold, silver, platinum, and coins.

Can I trade in metals or coins towards a purchase?

Certainly! Contact us for details.

When are the prices confirmed for my order?

Prices are fixed at the time of purchase.

How long is the price guaranteed for online transactions?

You need to complete payment within 5 business days from ordering.

Are there discounts for certain payment methods?

Yes! Get a 3.85% discount for paying via check, money order, cashier's check, or wire.

Can I pay with a credit card?

Yes, but not for online orders over $1,000.00.

What's your return policy?

If unsatisfied, return your purchase in its original condition within 30 days for a full refund, excluding special and bullion orders.

When will my order ship?

Shipping times vary based on payment method and order contents.

Are shipments insured?

All packages are fully insured during transit, except if sent via USPS.

Do you offer custom jewelry design?

Yes, we specialize in custom jewelry design! Our experienced jewelers can help bring your vision to life.

What payment methods do you accept?

We accept various payment methods including Amazon Pay, American Express, Apple Pay, MasterCard, Visa, PayPal, and more.

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