Leader in Tax ID Loans & Mortgage Solutions
Prysma Lending Group has helped thousands of families since 2003 realize their dream of homeownership through ITIN/Tax ID Loans and traditional mortgage solutions.
Prysma is a top choice lender for non-conventional and conventional home loans in Connecticut. Prysma helps families and individuals in Connecticut realize that they may be able to own their own home.
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 home ownership.
Ready to find out exactly how much you qualify for?
Call our team today at (203) 743-9985 to speak directly with a friendly, bilingual Prysma specialist about our Tax ID solutions!
How to Buy a Home inConnecticut Using Your Tax ID
Think you need a Social Security Number or a Green Card to purchase a house in the Constitution State? Think again.
If you live here, work hard, and file your taxes using an Individual Taxpayer Identification Number (ITIN), Prysma believes you have earned your path to homeownership. As established national leaders in Tax ID lending, we specialize in building flexible mortgage solutions for hardworking families when traditional banks say no.
Our specialized Connecticut ITIN home loan program replaces rigid corporate red tape with common-sense, human underwriting. We don't require a traditional credit score; instead, we verify your financial stability using alternative accounts like your on-time rent history, phone bills, and insurance payments. If you are self-employed or a gig worker, we can even measure your qualifying income using 12 to 24 months of bank statements to calculate your true cash flow.
Your Connecticut Mortgage Loan Options
Ready To Explore Your Connecticut Home Loan Options?
Understanding ConnecticutHome Mortgage Loans
Conventional Mortgage Loansin Connecticut
Conventional mortgages are traditional home loans that are funded by private lenders and follow standard guidelines set by Fannie Mae and Freddie Mac. Because they are not directly insured or backed by government agencies, they offer a highly flexible path to homeownership for buyers with solid credit histories.
Prysma offers the following Connectiucut conventional mortgage options for home buyers:
The following are our Connecticutconventional loan options at Prysma:
Fixed-Rate Loan
The fixed rate loan is perfect for a Connecticut homeowner who is able to make a reliable monthly payment. The monthly payments will be set at one fixed rate in exchange for a set down payment. This eliminates the need to guess how the market and interest changes will change your payment.
Adjustable-Rate (ARM) Loan
Conventional ARMs are an excellent choice for Connecticut residents who plan to relocate or refinance within a shorter time frame. These programs offer a lower, stable interest rate for an initial period of years, after which the rate adjusts periodically based on prevailing market indexes. Your mortgage features built-in lifetime adjustment caps to limit the maximum amount your rate can ever increase.
Non-Conventional Mortgage Loans in Connecticut
Federal Housing Administration (FHA) Loan
With an FHA loan, the government will back and insure your mortgage through your Connecticut lender. This allows us to offer you a better deal such as a lower down payment, lower interest, and lower closing cost. Borrowers must have lawful residency in the U.S, a valid Social Security number and have steady employment history for the prior two years.
Tax ID (ITIN) Loan
This type of loan is a great fit for Non-US Citizens who do not possess a credit score, Green Card, or Social Security number. We offer loans to workers in Connecticut who have an Individual Tax ID Number (ITIN) and a passport.
Veterans Administration (VA) Loan
As a military veteran looking for a mortgage loan in Connecticut, we may have a perfect loan option for you. Our VA loans typically don’t require a down-payment and have lower interest rates than conventional loans. This loan simply requires proof of military service, prior financials, and proof that you have not been dishonorably discharged.
Mortgage Refinancing in Connecticut
Mortgage Refinancing Options
Typically when you refinance, you want to make adjustments to what you pay monthly. This may be done through increasing or decreasing your monthly payments or interest rates to pay the balance off more quickly so you pay less through the lifetime of the loan. At Prysma, we hope to fit your Connecticut mortgage to your financial needs. Refinancing is a wonderful option for Connecticut homeowners.
The 4 Simple Steps To Homeownership
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 4-Step process to owning your own home.
Pre-qualification
You speak with one of Prysma’s licensed Mortgage Loan Originators to get pre-qualified for a loan up to a certain amount. This amount helps you determine the price range for the home that is right for you. Our loan specialists will take the time to answer all of the questions you have to help ensure you choose the best loan option for your needs.
Find Your Home & Make An Offer
After pre-qualification you can begin shopping for your home. When looking at different home options, make sure to consider all the different factors including price, location and safety of the neighborhood. After you choose the property you make an offer and negotiate with the seller on the final sales price.
Loan Application
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.
Closing & Moving In
Once your offer has been accepted and you have been approved for your mortgage you prepare for closing and move into your new home!
Why Choose Prysma As YourHome Lender In Connecticut
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
We’re passionate about what we do, so it’s easy for us to keep growing and delivering home loans to Hispanic families throughout Connecticut.
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.
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Start your home purchase with the leader in Tax ID loans & mortgage solutions
rysma 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