Flexible Qualifying
FHA Loans
One of the most forgiving paths to owning a home, when it is structured correctly.
Overview
How Terry approaches it.
FHA financing is insured by the Federal Housing Administration, which lets lenders offer a low minimum down payment and more flexible credit and debt-to-income guidelines than many conventional loans.
Terry compares FHA side by side with conventional for your exact numbers, including mortgage insurance, so you can see which actually costs less over the years you plan to own the home.
Terry WilliamsSenior Loan Advisor · NMLS #219863
Highlights
FHA Loans at a glance.
Low down payment
A smaller amount needed at closing for eligible buyers.
Flexible credit
Guidelines built for buyers who are still building their credit history.
Gift funds
Down payment help from family can be used when documented properly.
Compared honestly
FHA versus conventional, run on your real numbers.
How It Runs
Six steps, with Terry in every one.
01Conversation & Strategy
Terry starts with your goals, timeline, income, assets and credit, and anything unusual about the scenario.
02Pre-Approval
Your documents are reviewed and verified up front, so your pre-approval holds up when it matters.
03Compare Programs
Loan programs and pricing are compared side by side, with the payment and the long-term cost shown for each.
04Application & Rate Lock
Once you are under contract or ready to refinance, the application is completed and your rate is locked.
05Underwriting & Appraisal
Terry works through conditions as they come up and keeps you and your real estate agent informed.
06Clear to Close
Final figures are reviewed with you before signing, then the loan funds and you get the keys.
Specialties
Other loans Terry focuses on.
First-Time Buyers
Low down payment options and a pre-approval you can actually shop with.
Learn more →VA Loans
A benefit veterans earned: no down payment options and no monthly mortgage insurance.
Learn more →