(203) 743-9985

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(203) 743-9985

Hablamos Español


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Your Trusted New Jersey Mortgage Lender

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 lender for all conventional & unconventional loans in New Jersey.

Prysma has assisted families in New Jersey and made them understand that they do have the option to own their own home.

Our organization of experts will work with you and explore all of the best possible loan choices, loan rates, and extraneous details surrounding your mortgage.

Your New Jersey Mortgage Loan Options

Tax ID Loans

Conventional Loans

Non Conventional Loans

Adjustable Rate Loans

FHA Loans

Fixed Rate Loans

Reverse Mortgages

Home Refinancing

The 4 Simple Steps To Homeownership In New Jersey

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 New Jersey area. Here is our simple 4-Step process.



Speak with one of Prysma’s licensed Mortgage Loan Originators if you want to get pre-qualified for a loan up to a specific amount. This sum helps you discover the price range for the New Jersey home that is perfect for your current situation. Our loan professionals will take the time to explain everything to you to make certain you pick the best loan choice that fits your needs.


Find Your Home & Make An Offer

After pre-qualification, you can start shopping for your New Jersey home. When browsing the different home possibilities, be certain to consider all the various factors including location, price, and safety of the neighborhood. When you select the home, you make an offer and negotiate with the seller on the closing sales price.


Loan Application

After you have your New Jersey home picked and a final sales price is settled, you revisit with Prysma’s Mortgage Loan Originator to apply and acquire the ideal loan for your new home. Your committed loan expert will personally lead you through the steps of the loan process.


Closing & Moving In

After your proposal has been accepted and you have been approved for a mortgage then you begin the closing process. Finally, you move into your new New Jersey home!


Understanding New Jersey Home Mortgage Loans

Conventional Mortgage Loans in New Jersey

Conventional loans aren’t guaranteed and insured by the Federal Housing Administration (FHA) or the Veterans Administration (VA). Basically, because there is no governmental financing, the lender (us) is accountable for all mortgaging. These are our New Jersey conventional loan options at Prysma:

● Fixed-Rate Loan: These are ideal for a New Jersey homeowner who prefers regular month-to-month payments and financing. In trade for a certain down payment amount, monthly payments will be considered and priced at a single fixed rate. There won’t be any reason to guess what your mortgage amount will be based on market and interest elements.

● Adjustable-Rate (ARM) Loan: ARM loans are good for New Jersey homeowners who plan to keep their house for a short period of time. These loans have a lower rate throughout the set initial period and then vary according to market variables and index rates. Your rate could be lower or higher during different months, but an interest cap is agreed on and put on your New Jersey mortgage, restricting the maximum your rate can increase.

Non-Conventional Mortgage Loans in New Jersey

● Federal Housing Administration (FHA) Loan: The Federal Housing Administration is government-backed and guarantees these loans through your New Jersey lender. Basically, we can offer you a better deal possibly one with a lower down payment, lower closing price, or lower interest rates. Borrowers must hold a valid Social Security number, lawful residency in the U.S. and have consecutive employment history within the preceding two years.

● Tax ID Loan: These kinds of loans are the proper fit for Non-U.S. citizens who do not hold a Social Security number, credit score, or Green Card. We extend loans to workers in New Jersey who possess a passport and Individual Tax Identification Number (ITIN).

● Veterans Administration (VA) Loan: If you’re a military veteran searching for a mortgage loan in New Jersey, our VA loan opportunities may be ideal for you! Most of our VA loans don’t need a down payment and have low-interest rates compared to conventional loans. The requirements for this loan include proof of military service, that you haven’t been dishonorably discharged, and previous financials.


Mortgage Refinancing in New Jersey

Mortgage Refinancing Options: Refinancing is normally used when you want to adjust your monthly payments. This can either be an increase or decrease in your interest rate or monthly payments to pay off your mortgage faster or pay less through the loan’s lifetime. At Prysma, we try to make your New Jersey mortgage around your lifestyle and financial needs. Refinancing is often helpful for New Jersey homeowners.

Reverse Mortgage Options in New Jersey

Reverse Mortgage Options: A reverse mortgage loan is intended for homeowners over 62-years-old and ready to swap equity for cash. Instead of making monthly payments on your mortgage, you swap your part equity (ownership) of the home and we pay you monthly. This is an attractive choice for retirees needing income to live on a monthly basis. The borrower isn’t obligated to repay the lender until the house is sold or vacated.

Why Choose Prysma As Your Home Lender In New Jersey


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.

Ready To Explore Your New Jersey Loan Options?