Milford CT Home Mortgage Lender | Milford Mortgage Loans | Prysma Lending
Call Now: 1.888.743.9985
Slide background
Slide background
Slide background
Slide background
Slide background

Home Loans – Milford CT

Your Trusted Milford, CT Mortgage Lender

exPLORE YOUR Loan OPTIONS

Prysma is your leader in home loans for the Milford area and beyond. We are dedicated to helping you and your family find the right home loan for you so you can become a Milford homeowner.

We have a team home mortgage experts at your disposal to answer any of your home loan questions and to walk you through each stage of the home loan process.

If you would like to meet with one of our experts to further discuss this process, we have two offices where you can meet up: 

18 Padanaram Rd, Danbury, CT
4750 Main St, Bridgeport, CT

Ready to start your home loan application now? Fill out the form on the left, or give us a call today: 888-743-9985

Your different Milford Mortgage loan options

Conventional Loans

Enjoy the flexibility of negotiating your down payments and loan terms with Prysma through our conventional home loan options. We will discover whether a fixed or adjustable-rate mortgage is right for your Milford home loan.

Unconventional Loans

Unconventional loans are backed and insured by the government and will help keep all parties safe and secure. Prysma will help you find out if you are eligible for an FHA, VA, or Tax ID Loan.

Refinancing Options

Already have a loan? You may be eligible for lower payments on your Milford home loan with a refinance option. Prysma will work with you to see if you can adjust your loan to meet your financial needs.

Reverse Mortgages

You may meet certain qualifications to receive cash from a reverse mortgage. If you are over the age of 62 and own a home, contact Prysma today to see if you qualify for a reverse mortgage.

The 4 STEPS TO HOMEOWNERSHIP IN Milford, CT

Obtaining a home loan is easy and stress-free with Prysma’s 4-step process to purchasing a home in Milford.

1

Pre-Qualification

The first step in any home buying process is to ensure you are pre-qualified. That way, you will know what price range to shop at when looking for a home. Prysma’s licensed Mortgage Loan Originators will walk you through the pre-qualification process to determine your eligibility.

2

Find Your Home & Make an Offer

Once you know how much you are pre-qualified for, it’s time to start finding your perfect Milford, CT home. Make a list of some of the most important things to consider when shopping, such as the neighborhood and schools, and the size of the home. Once you find the home, it is the time to make an offer.

3

Loan Application

If your home purchase offer has been accepted, it is time to complete your home loan application. Your Prysma Mortgage Loan Originator will help you finish your home loan application.

4

closing & Moving in

So you have been approved for your loan. Now it’s time to close on the house, get the keys to your new Milford home, and move in!

Why Borrowers Choose PRYSMA for Milford Home Loans

Prysma Lending went above and beyond to help me with my loan. It’s hard to rely on a good lender now a days, with all the big corporate banks out there. Prysma provided me with Amazing service. I have been using them for over 10 years and couldn’t be happier.

– S. Johnson

Highly recommend Prysma! They were very professional and went above and beyond my expectations! They kept me informed and answered all my questions. A special thanks for Debora and Mark for their effort, even during their vacation they worked and made my closing happened.

– M. Breda

Prysma cares about their clients and works hard to demonstrate that with each closing!

– W. Bernard

Understanding Milford home Mortgage loans

Conventional Mortgage Loans in Milford

Loans that are created and backed straight through a loan company, such as Prysma, is considered a conventional loan. That means they aren’t insured by the government but also offer many benefits to Milford home buyers as well. Here are the conventional loans available at Prysma:

  • Fixed-Rate Loan:

    A fixed-rate loan means that when negotiating the terms of your loan, the interest rate will never fluctuate. This is beneficial for Milford home-buyers that know exactly how much they can afford on their monthly mortgage payment but may be able to flex a little on their down payment.

  • Adjustable-Rate (ARM) Loan:

    For Milford homebuyers that are flexible on their monthly payments, or do not plan on keeping their house for an extended period of time, you may want to take advantage of an adjustable-rate loan. This means that your interest rate, and most likely your monthly mortgage rate, will change after a negotiated period of time depending on the housing market. You may also negotiate that your interest rate may fluctuate but will never rise above a certain percentage.

Unconventional Mortgage Loans in Milford

  • Federal Housing Administration (FHA) Loan: Because FHA loans are backed and insured by the government, it may be easier to purchase a home through this route. You could be eligible for a lower down payment, lower interest rates, and more when purchasing your Milford home. To apply, you must meet a series of requirements such as being a verified US citizen with a social security number.
  • Tax ID Loan:

    If you aren’t a US citizen with a social security number, you may still be eligible to purchase a home loan in Milford with your Individual Tax Identification Number. Prysma offers a Tax ID Loan to non-US citizens to purchase Milford home loan.

  • Veterans Administration (VA) Loan:

    Are you a veteran or currently serving in the military? Then you may be eligible to purchase a Milford home with a VA loan! VA loans are made for military veterans and require no money down as well as offer special interest rates and other benefits through the Veterans Administration. Prysma will walk you through the application to see if you are eligible.

Large Brick Home - Mortgage Loan

Mortgage Refinancing in Milford

  • Mortgage Refinancing Options: If you already have a loan out on your Milford loan but want to make some adjustments to your current terms then Prysma will work with you to find the best refinance option for your mortgage. You may be eligible to pay lower monthly payments, decrease your interest, or shorten the term of your current mortgage.

Reverse Mortgage Options in Milford

  • Reverse Mortgage Options: If you meet the eligibility requirements such as age and equity on your Milford home, then you may be able to get cash payment with a reverse mortgage. If you are retired or about to retire and need some extra income monthly, then talk to a Prysma loan expert today to see if you qualify.

Our Connecticut Home Loan Office Locations

Prysma has a team of home loan experts that want to talk to you about your mortgage eligibility. Call or email them today from the comfort of your home to begin the application process.

You may also stop by one of our locations, we have two Connecticut offices:

18 Padanaram Rd, Danbury, CT
4750 Main St, Bridgeport, CT

READY TO EXPLORE YOUR MILFORD LOAN OPTIONS?