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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q

(Mark One)
/X/     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
        EXCHANGE ACT OF 1934
For the fiscal quarter ended June 30, 2002

                                       OR

/ /     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
        EXCHANGE ACT OF 1934
For the transition period from _____ to _____
Commission file number 33-31930

                         Royalty Mortgage Income Fund II
                       (A California Limited Partnership)
                       ----------------------------------
             (Exact name of registrant as specified in its charter)

California                                      77-0230005
- ----------                                      ----------
(State or other jurisdiction of                 (I.R.S. Employer
incorporation or organization)                  Identification No.)

                       686 East Bullard Avenue, Suite 105
                            Fresno, California 93710
                       ------------------------------------
                    (Address of principal executive offices)

                                 (559) 261-9002
              (Registrant's telephone number, including area code)

     Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
Yes  /X/  No / /

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                         PART I - FINANCIAL INFORMATION

ITEM 1.   FINANCIAL STATEMENTS.

     As a result of the uncertainties previously reported, the General Partner's
current management is concerned that it does not have complete access to all
information and records relevant to the Registrant's business, operations and
financial condition during the period prior to the acquisition of the General
Partner by Baraban Holdings Corporation ("BHC") on November 1, 1992. The
accounting treatment for certain transactions during that period may affect the
accounting treatment for certain transactions during the three months ending
June 30, 2002. In addition, current management believes that it may not be in
possession of certain financial records of the Registrant. Pursuant to Rule
12b-21 promulgated under the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), the Registrant has included in this report only such
information as is currently possessed by the Registrant.

ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
          RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED JUNE 30, 2002.

     Current management believes that it may not be in possession of certain
financial records of the Registrant and is concerned that it does not have
complete access to all information and records relevant to the Registrant's
business, operations and financial condition during the period prior to the
acquisition of the General Partner by BHC on November 1, 1992. Pursuant to Rule
12b-21 promulgated under the Exchange Act, the Registrant has included in this
report only such information as is currently possessed by the Registrant.

                           PART II - OTHER INFORMATION

ITEM 1.   LEGAL PROCEEDINGS.

     None.

ITEM 2.   CHANGES IN SECURITIES.

     None.

ITEM 3.   DEFAULTS UPON SENIOR SECURITIES.

     Not Applicable.

ITEM 4.   SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

     None.

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ITEM 5.   OTHER INFORMATION.

     None.

ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K.

          (a) Exhibits:

                 None.

          (b) Reports on Form 8-K:

                 None.


                                   SIGNATURES

Pursuant to the requirement of the Securities Exchange Act of 1934, the
Registrant has caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.

                                        ROYALTY MORTGAGE INCOME FUND II
                                        A California limited partnership
                                        686 East Bullard Avenue, Suite 105
                                        Fresno, California 93710

                                        By:     ROYALTY MANAGEMENT CORPORATION
                                        Its:    General Partner

Date:   August 7, 2002                  By:
                                           --------------------------------
                                                   Victoria Nino
                                                Assistant Secretary

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