By Spencer Lindquist | Daily Wire
The Prysma Lending Group gives mortgages to illegals, 'No Social Security or Green Card required.'
After decades of mass illegal immigration into the United States, untold millions of illegal aliens have settled throughout the country, competing with Americans for government benefits, jobs, and now, for homes.
For most illegal aliens, obtaining a mortgage from a traditional bank — without a social security number or a credit score — is nearly impossible. But as millions of illegal aliens flooded the country, a new industry has cropped up to capitalize on the new customer base, selling financing catered to the illegal population.
One entity at the forefront of this industry, a Daily Wire investigation has revealed, is Prysma Lending, which has given out more than a billion dollars in loans in red and blue states alike as it blatantly targets illegal aliens.
Trump pledged to ban mortgages for illegal aliens on the campaign trail and his administration took action in March to prevent government-backed mortgages from going to illegal aliens. But Prysma is one of several companies — including Colony Ridge, the Texas development that The Daily Wire exposed as a magnet for illegal aliens — that uses a different financial tactic that isn’t impacted by the administration’s recent rule change, which specifically targeted loans backed by the Federal Housing Administration.
The company prides itself on “empowering the Latino community to achieve homeownership” in its Spanish-language Instagram bio. The company’s president, Monica Serva, says she started Prysma with the intent of “helping the Latino community” because she “realized how unfairly minorities were treated.”
But Prysma revealed that its business model relied on illegal aliens, in particular, when it hosted a webinar with an immigration lawyer to answer their customers’ questions about the risk of deportation in the days following President Donald Trump’s inauguration.