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Leader in Tax ID Loans & Mortgage Solutions
Prysma Lending Group has helped thousands of families since 2003 realize their dream of home ownership through ITIN/Tax ID Loans and traditional mortgage solutions.
We are your trusted home loan provider, serving residents Connecticut, Florida, Massachusetts, New Jersey, New York, Pennsylvania, and Texas.
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 step of the process of the home buying process.
Loans Options We Offer
The 4 Simple Steps To Homeownership
Ready To Explore Home Loan Options?
Understanding Home Loans
The Different Parts Of A Home Loan
There are three main choices that make up your home loan. These are the loan term, interest rate type and loan type. Not all home loans are the same. Understanding these three key parts will help you determine the right lending option for your needs.
Loan Term
The term of your loan is how long you have to repay the loan. The term affects the monthly principal and interest payments, your interest rate and how much interest you pay over the life of the loan. Common loan terms are 30 years or 15 years.
Interest Rate Type
Your loan interest rate comes in two basic types: fixed and adjustable interest rates. Your choice in interest type will determine if your interest rate can change, whether the monthly principal and interest payment can change and its amount and the interest you pay over the life of the loan
Loan Type
Your loan interest rate comes in two basic types: fixed and adjustable interest rates. Your choice in interest type will determine if your interest rate can change, whether the monthly principal and interest payment can change and its amount and the interest you pay over the life of the loan
Common Home Loan Terms
There are three main choices that make up your home loan. These are the loan term, interest rate type and loan type. Not all home loans are the same. Understanding these three key parts will help you determine the right lending option for your needs.
Loan Term
The time period for your loan.
Principal
The amount of debt, not counting interest, left on a loan.
Down Payment
The amount of cash a homebuyer pays to make up the difference between the purchase price (plus closing costs and fees) and the mortgage amount. Usually, 20 percent of the purchase price is the required down payment to avoid having to pay for private mortgage insurance.
Interest Rate
The annual interest on a loan, based on a percentage of 100. The lower your interest rate, the lower your monthly payment.
Origination Fee
The fee charged by a lender for processing a loan
Pre-approval
Getting pre-approved for a mortgage requires that you complete a mortgage application and supply a lender with all the necessary documentation to check your financial background and credit rating. You will then be told the exact mortgage amount for which you are approved.
Pre-approval
Occurs when a lender estimates what size loan, usually a mortgage, you can afford. A prequalification estimate is non-binding.
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
We’re passionate about what we do, so it’s easy for us to keep growing and delivering 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.
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, Massachusetts, New Jersey, New York, Pennsylvania, and Texas. Prysma is here to make people realize their dream of home ownership is 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 step of the process of the home buying process.
Fill out the form or call today to learn which of our home loans is right for you. (203) 743-9985
No Credit Impact, Fast Approval!
