VA Loans – New
Your Trusted VA Mortgage Lender
Explore Your Loan Options
For years, Prysma has helped military veterans and their families throughout Connecticut, New York, Massachusetts and Florida realize their dream of home ownership. Making us Connecticut’s most trusted lender for VA Loans.
We offer VA loans products and lending solutions designed for First Time Home Buyers, Refinances and more. Disabled Veterans may even qualify for additional benefits.
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.
Fill out the form or call today to learn how VA loans may be the right solution for you. (888) 743-9985
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.
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.
You have your home chosen and a sales price is determined you revisit with Prysma’s licensed Mortgage Loan Originators to apply and secure the perfect loan for your new home. Your dedicated Mortgage Loan Originator 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 Borrowers Choose PRYSMA for VA 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 VA loans
What is a VA Loan?
VA loans are mortgage loans for veterans or active duty personnel in the Army, Navy, Air Force, Marines, Reserves, or National Guard.
What Do I Need to Qualify?
- Unlike most loan programs, credit score, bankruptcy, or foreclosure won’t determine if you qualify for a loan. If you have been financially unstable, but have maintained on-time payments recently, you may still qualify.
- Unlike most conventional loans, VA mortgage loans don’t require a money down payment when you take it out.
- VA loans may be assumable. As long as the assuming loaner has VA eligibility, the existing loan can be transferred.
- You must have proof of prior service or active duty in any of the previously stated military branches.
- The candidate must not have been dishonorably discharged in order to qualify for a VA loan.
What are the benefits of a VA Loan?
Homeownership can be difficult to accomplish for veterans or families of veterans who are struggling with stable income. Many do not have the means of obtaining a conventional loan, which is why VA loans are a good solution.
Most VA loans don’t require money down, which can save homeowners a substantial amount of money. The Interest rates are also much lower than that of a conventional loan with the option of refinancing as well.