Your Trusted Lender for
ITIN Loans &Tax ID Loans
Achieving homeownership in the U.S. shouldn't be out of reach just because you don't have a Social Security Number!
If you live here, work hard, and pay your taxes using an Individual Taxpayer Identification Number (ITIN), Prysma has custom mortgage options designed explicitly for you.
We are your trusted lender for Individual Tax Identification Number (ITIN) Loans.
Prysma has helped Non-US citizen families in: Connecticut, Florida, Georgia, Massachusetts, New Jersey, New York, North Carolina, Pennsylvania, and Texas.
We specialize in Tax ID lending solutions tailored for first-time homebuyers, refinances, and more—with no Social Security Number or Green Card required.
Our experienced loan professionals sit down with you to find the best rates and loan options for you and your family. We are your dedicated partners in homeownership.
What Are The Benefits Of a ITIN (Tax ID) Mortgage?
Homeownership can be difficult to accomplish for non-U.S. citizens who live and work in the United States. Many within the immigrant population do not have a social security number and have a limited credit history. This often disqualifies them for obtaining a conventional mortgage loan.
At Prysma, we bridge the gap by offering an accessible ITIN mortgage program. This specialized lending solution empowers hardworking families to purchase a home using an Individual Taxpayer Identification Number instead of a Social Security Number:
Industry Resources & Guidelines
NAHREP State of Hispanic Homeownership Report
What is an ITIN (Tax ID) Loan?
Tax ID loans are mortgage loans that only require an individual tax identification number (ITIN), and do not require applicants to have a Social Security Number (SSN) or Green Card.
QM vs. Non-QM: What is the Difference?
Feature
Qualified Mortgage (QM)
Non-Qualified Mortgage (Non-QM)
Best For
W-2 employees, standard finances
Self-employed, investors,unique income
Income Verification
Tax returns, W-2s, Pay Stubs
Tax returns, W-2s, Pay Stubs
DTI Ratio
Strict (Typically < 43%)
Flexible (Often > 50% allowed)
Underwriting
Automated systems (Desktop Underwriter)
Manual Underwriting (Human review)
Loan Types
Conventional, FHA, VA, USDA
Bank Statement, DSCR, ITIN, Asset-Based
QM vs. Non-QM: What is the Difference?
Best For
Qualified Mortgage (QM)
W-2 employees, standard finances
Non-Qualified Mortgage (Non-QM)
Self-employed, investors,unique income
Income Verification
Qualified Mortgage (QM)
Tax returns, W-2s, Pay Stubs
Non-Qualified Mortgage (Non-QM)
Tax returns, W-2s, Pay Stubs
DTI Ratio
Qualified Mortgage (QM)
Strict (Typically < 43%)
Non-Qualified Mortgage (Non-QM)
Flexible (Often > 50% allowed)
Underwriting
Qualified Mortgage (QM)
Automated systems (Desktop Underwriter)
Non-Qualified Mortgage (Non-QM)
Manual Underwriting (Human review)
Loan Types
Qualified Mortgage (QM)
Conventional, FHA, VA, USDA
Non-Qualified Mortgage (Non-QM)
Bank Statement, DSCR, ITIN, Asset-Based
What Do I Need To Qualify?
A valid ITIN card or letter issued by the IRS.
A minimum down payment starting at 15% (qualifying terms vary between 15% to 30% based on credit history and debt ratios).
Alternative credit verification, utilizing 3 alternative tradelines (such as rental history, utility bills, or auto loans) to establish a reliable payment history.
For self-employed individuals: 24 months of bank statements (personal accounts or DBA structures are accepted) to calculate true cash flow.
For W-2 employees: Standard W-2 forms and consecutive recent pay stubs.
A maximum Debt-to-Income (DTI) ratio of 43%,which can stretch up to 50% if strong compensating factors are present.
Get Started On The Journey TowardHomeownership Today!
Getting a Home Loan withITIN Number
Prysma is here to help you through the home buying process whether this is your first house or you are relocating to a new area. Here is the simple 5-Step process to owning your own home.
Obtain Your ITIN Number
An Individual Taxpayer Identification Number (ITIN) is a nine-digit tax processing number issued by the Internal Revenue Service (IRS). If you do not have an SSN or Green Card, this number serves as your primary identifier to apply for real estate financing.
Make Sure You Qualify
You have your home chosen and a sales price is determined you revisit with Prysma’s Mortgage Loan Originator to apply and secure the perfect loan for your new home. Your dedicated loan specialist will personally guide you through each step of the loan process.
Secure a Tax ID Mortgage
Applying for the ITIN Loan itself is simple with a trusted partner like Prysma Lending Group. While you reach out, make sure you gather documentation that can prove the following to your lending partner:
- Proof of a sustainable amount of income- Credit history- Income verification
It is important for many lending groups in the area that you are able to show them financial credibility to make sure you will be reliable and trusted to pay your loan payments.
Enter the Pre-Approval Process
The lender will begin by briefing you on the details of the loan and reviewing your credit history to make sure you understand the terms.
Your credit history is assessed by looking at your actual credit that can be gained by the use of an ITIN and making successful transactions, or looking at rental records/utility bills.
Find Your Dream Home
Once you are approved, now it's time to find your family's dream home! Reach out to your lending partner for help, and get in touch with local agents who can show you houses within your price range.
#1 Source for Tax ID Loans
We’ve helped thousands of Latino families over the past twenty years realize their dream of home ownership and we can help you.
The Right Loan Options For Your Family
At Prysma Lending Group, we offer a complete selection of traditional conventional mortgages alongside government-backed choices like FHA and VA loans. Additionally, we are premier specialists in alternative Non-QM solutions, featuring our signature portfolio Tax ID (ITIN) home loans. Whatever your background, our team will build a path to fit your needs.
Your Dedicated Partners in Home Ownership
The mortgage loan process can look overwhelming, but it doesn’t have to be. You will have a dedicated, licensed mortgage loan originator to guide you through the process. They will sit down with you and answer all of your questions. We are here to help you navigate the waters of home ownership as your trusted partner.
Non-QM Loan Requirements: What to Expect
Requirements
Credit Score
Flexible. Programs often start at 600-660. Higher scores yield better interest rates.
Down Payment
Typically 15-25%. Because these loans carry more risk for the lender, "skin in the game" is required.
Income
Verified via Bank Statements, DSCR, Assets, or P&L. No W-2s required for most programs.
Reserves
Lenders may require you to have 3-12 months of mortgage payments saved in the bank after closing.
Loan Limits
Can often go up to $3 Million+allowing for luxury purchases.
Why Choose Prysma As Your Lending Provider
Focused on Hispanic Homeownership
We know that not everyone gets treated equally in the home-buying process. We’re here to correct that for members of our community.
20+ Years of Experience with ITIN Loans
We’re passionate about what we do, so it’s easy for us to keep growing and delivering personalized home loans to Hispanic families.
We’re Honest and Transparent
We want to make your home-buying experience as clear and accessible as possible. We will always be upfront with you about your options.
We Find Solutions
The home-buying process can be challenging. We’ll help you navigate your options and find the home loan that’s perfect for you.
FAQ: Your Top Tax ID Loan Questions Answered
What is a Tax ID Loan?
A Tax ID Loan lets borrowers without a Social Security Number use an ITIN to qualify for a mortgage.
Who qualifies for Tax ID Loans?
Anyone with a valid ITIN, steady income, and proof of creditworthiness can apply.It’s designed for people who don’t have a Social Security Number.
Can I buy a home with a Tax ID Loan?
Yes, Tax ID Loans allow you to purchase a home, refinance, or even build credit.It’s a flexible mortgage option for ITIN holders.
Testimonials
Start your home purchase with the leader in Tax ID loans & mortgage solutions
Prysma is your trusted home loan provider, serving residents of Connecticut, Florida, Georgia, Massachusetts, New Jersey, New York, North Carolina, Pennsylvania, and Texas. Prysma is here to make people realize their dream of homeownership is entirely possible.
Our experienced loan professionals sit down with you to find the best rates and loan options for you and your family. We understand that owning a home can seem daunting, but we support you through every single step of the homebuying process.
Fill out the form or call today to learn which of our home loans is right for you. (203) 743-9985