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.
Prysma is a top choice broker and lender for
unconventional and
conventional home loans in Massachusetts.
Prysma helps families and individuals in Massachusetts realize that they may be able to own their own homes.
Our professional team will help you find out all the best rates, loan options, and address any factors influencing your mortgage.
Ready to find out exactly how much you qualify for?
Call our team today at
(475) 284-8981 to speak directly with a friendly, bilingual Prysma specialist about our Tax ID solutions!
How to Buy a Home in
Massachusetts Using
Your Tax ID
Think you need a Social Security Number or a Green Card to purchase a house in the Bay 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 Massachusetts 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 Massachusetts Mortgage Loan Options
Non-QM Loans
Tax ID Loans
DSCR Loans
Conventional Loans
Fixed-Rate Loans
Adjustable Loans
VA Loans
FHA Loans
CHFA Loans
Understanding Massachusetts Home Mortgage Loans
Conventional Mortgage Loans in Massachusetts
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 strong credit profiles and established down payments.
Here are the Massachusetts conventional loan options at Prysma:
Fixed-Rate Loan
For Massachusetts homeowners with reliable, steady month-to-month payments and good financing, Fixed-Rate loans are an excellent option! In exchange for a predetermined down payment, your monthly payments will be discussed and set at one simple fixed rate. This way, there’s no guessing what your mortgage payment will be based on market and interest variables.
Adjustable-Rate (ARM) Loan
Conventional ARMs are an excellent choice for Massachusetts residents who plan to relocate or refinance within a shorter timeframe. These programs offer a lower, highly competitive 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 Massachusetts
Federal Housing Administration (FHA) Loan
Backed by the government, an FHA loan is designed to make homeownership accessible. It features a low down payment requirement (starting at just 3.5%) and flexible credit guidelines, making it the perfect choice for first-time homebuyers throughout Massachusetts.
Tax ID Loan
These loans are the perfect choice for Non-US citizens without a Social Security number, credit score, or Green Card. Tax ID loans are available to workers in Massachusetts, so long as they have a passport and Individual Tax Identification Number (ITIN).
Mortgage Refinancing
in Massachusetts
Mortgage Refinancing Options
If you are looking to adjust your monthly payments, refinancing might be the way to go. Refinancing can increase or decrease your interest rate or your monthly payments. This allows you to pay off your mortgage more quickly and/or pay less through the lifetime of the loan. Prysma aims to mold your Massachusetts mortgage around your lifestyle and financial needs. Refinancing is often a great option for Massachusetts homeowners.
The 4 Simple Steps To Homeownership In Massachusetts
Prysma is here to support you through the home purchasing process whether you are a first-time home buyer or you are moving to the Massachusetts area.
Here is our simple 4-Step process.
Pre-qualification
In order to get pre-qualified, reach out and speak with one of Prysma’s licensed Mortgage Loan Originators. We will work to get you pre-qualified for a loan up to a certain amount. This amount helps you determine the price range for the Massachusetts home that is right for you. Our loan specialists take the time to answer any questions you have. We want to make sure that you select the best loan option for your needs.
Find Your Home & Make An Offer
You can begin shopping for your Massachusetts home as soon as pre-qualification is complete. Make sure to consider the array of factors that go in to finding the right home, 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.
Secure Your Loan
Once you’ve found the perfect home in Massachusetts and a sales price has been determined, you will meet with Prysma’s Mortgage Loan Originator again to apply and secure the perfect loan for your new home. We’ll place you with a dedicated loan specialist who will personally guide you through each step of the loan process.
Closing & Moving In
The closing process will begin after your offer has been accepted and your mortgage is approved. Now you can prepare to move into your new Massachusetts home!
Why Choose Prysma As Your Home Lender In Massachusetts
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 Massachusetts.
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.
Focus on 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, 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.
(475) 284-8981
