Nicholas Rausch (Prime Time Lending)

Primetime Lending is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your needs.

Get to know Nicholas Rausch

Primetime Lending is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools that enable you to make sound financial choice.

 

Mission

Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.

For a free consultation, please email us at info@primetimelendingaz.com and a loan officer will contact you shortly to discuss your specific needs and requirements.

 

You may contact us by phone or email using the information below,
or fill out the form and we will contact you shortly.

17787 N. Perimeter Drive, Suite A103 
Scottsdale, AZ 85255
Ph (480) 922-5727
Fax (480) 922-4913

info@primetimelendingaz.com

Nicholas Rausch's Blog Posts

Certifications

Loan Programs

 

Fixed Rate Mortgages
The traditional fixed rate mortgage is the most common type of loan program, where monthly principal and interest payments never change during the life of the loan.

Adjustable Rate Mortgages (ARM)
Adjustable Rate Mortgages (ARM)'s are loans whose interest rate can vary during the loan's term. These loans usually have a fixed interest rate for an initial period of time and then can adjust based on current market conditions.

Hybrid ARMs (3/1 ARM, 5/1 ARM, 7/1 ARM, 10/1 ARM)
Hybrid ARM mortgages, also called fixed-period ARMs, combine features of both fixed-rate and adjustable-rate mortgages.

Interest Only Mortgages
A mortgage is called "interest only" when its monthly payment does not include the repayment of principal for a certain period of time.

Components of an ARM
To understand an ARM, you must have a working knowledge of its components.

Commonly Used Indexes for ARMs
This is a list of the most commonly used indexes by ARM lenders.

Balloon Mortgages
Balloon mortgages have a note rate that is fixed for an initial period of time, and then the remaining principal balance is due at the end of the term.

Reverse Mortgages
Reverse Mortgage is a type of home equity loan that allows you to convert some of the equity in your home into cash while you retain home ownership.

Graduated Payment Mortgages
Graduated Payment Mortgage is a loan where the payment graduates (increases) annually for a predetermined period (e.g. five or ten years), and then becomes fixed for the duration of the loan.

What kind of loan program is best for you?
So what kind of mortgage is best for you? Fixed rate? Adjustable rate? Government loans? The truth is, there is no one correct answer.

 

 

For a free consultation, please email us at info@primetimelendingaz.com and a loan officer will contact you shortly to discuss your specific needs and requirements.

 

You may contact us by phone or email using the information below,
or fill out the form and we will contact you shortly.

17787 N. Perimeter Drive, Suite A103 
Scottsdale, AZ 85255
Ph (480) 922-5727
Fax (480) 922-4913

info@primetimelendingaz.com

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