Turning Home-Equity Into Life-QualityGet Started
Terry Williams is a seasoned Mortgage Loan Officer with over 20 years of experience in residential mortgage loans. Terry specializes in Reverse Mortgages, but has the ability to offer all types of residential loans, including conforming, jumbo, VA, FHA, and USDA loans. He is licensed in 13 states, with access to resources for loan origination in all 50 states.
His background in accounting and finance, along with broad expertise in mortgages, allow Terry to offer options that enable Intelligent Home Ownership. This approach incorporates mortgages into his clients’ long-term financial strategies and overall financial health.
In 2019, Terry recognized the value of Reverse Mortgages and the many benefits it can provide to clients age 62+. His extensive training and experience have made him a leading expert in this mortgage tool. Terry has discovered a passion for helping seniors use their home to support their financial needs and offer the security of remaining in their home as long as they wish.
Terry has a BS in Business Administration/Accounting from Northern State University in Aberdeen SD, graduating in 1988. After graduation he moved to Omaha NE, where he worked as a Controller and Network Administrator for an international grain merchandising company, and Chief Financial Officer for a national food manufacturer. In 2001 Terry began his career in the residential loan field, working with a variety of local and national lenders. Today he represents Fairway Independent Mortgage Corporation as a Mortgage Loan Officer and Retirement Mortgage Specialist.
Terry and his wife Carol call Omaha home, where they enjoy spending time with their children and four beautiful granddaughters.
Fairway Independent Mortgage Corporation Based in Dallas TX, Fairway employs approximately 10,000 mortgage loan professionals in over 700 branches throughout the U.S. In 2021, Fairway ranked third in total loan volume and first in total purchase units among all residential mortgage lenders. Fairway is one of the top ten Reverse Mortgage lenders in the country. Their strong education and training resources contribute to the success of their employees and support of their clients.
Based in Omaha, NE
What Fairway customers are saying *
The reverse mortgage has been a life saver. I now have access to fund that I never knew I had. For more than 30 years, I’ve been unable to maintain my house. Now I can do what’s needed so I can stay here as long as I am able and preserve it for my daughters.
Terry was a great communicator. He kept me updated throughout the process. I believe he worked his hardest to get approval. He answered all my questions-
Terry made the process very easy. He explained everything in a way that it was very understandable. Anytime I had a question, Terry would get back to me with the answer.
David and Debra O.
Great experience with no problems. No house payment is a wonderful experience.
Del and Colleen
Terry has made this process a lot easier for us. He did a great job explaining the process. He was very available for answering any of our questions.
Eddie and Vonda M.
Before this process I had no idea how a reverse mortgage works or the benefits. With Terry’s help I was educated and helped through the process with clear and complete information and I couldn’t be happier with the end result. The reverse mortgage turned out to be PERFECT for me and I’m grateful for Terry and his staff’s help!
Terry was great to work with. As we explored our options and the benefits of a reverse, Terry offered personal knowledge of the product and it’s many financial advantages. All our questions were answered promptly, helping us to make the decision that it was right for us. I would highly recommend Terry to ANY of my senior friends looking to finance the future of living in their home for as long as they possibly can. In addition, I extend my compliments to Terry’s assistant, Nichole, who is always accessible, courteous and prompt.
Terry kept me informed at all phases of the process. His team was very helpful and friendly also.
Terry is our hero! He helped us navigate a reverse mortgage, met with our financial team & our closing was seamless! A great big thank you to Terry & his team; we can now retire in a beautiful new villa! Awesome job! ☺️
Terry and Nicole did a great job of explaining the reverse mortgage loan. Terry was very knowledgeable and was very patient to walk us through the whole process. We are thankful that we had the opportunity to meet with them.
What is a Reverse Mortgage Loan?
A reverse mortgage is a unique loan that allows those 62 years of age and older to convert a portion of the equity they have built up in their homes into cash and defer repayment until they pass away or move out. The loan can provide you with cash that you can use now, help you develop a line of credit, and more, giving you more financial flexibility in retirement.
Benefits of A Reverse Mortgage
There are many incredible benefits to this unique loan, and it can be a great way way for you to feel secure in your retirement and provide you with the financial freedom you are looking for.
- No monthly mortgage payments except for taxes, insurance, and maintenance
- Growing line of credit (applies to unused funds)
- Increased discretionary cash flow
- Can sell YOUR home at any time
- Does not require payment until last living borrower permanently leaves the home
- Bridge the medicare gap
- Increase your purchasing power
Benefits of working with a Fairway loan officer in Omaha, NE
We Deliver On Customer Service
Our customers experience some of the fastest turn times in the industry. The Fairway reverse mortgage loan process is designed to exceed expectations, provide satisfaction and earn your trust.
Each Fairway loan officer is required to attend live training classes before he or she can originate a reverse mortgage loan. Our Reverse mortgage planners have access to a dedicated support staff and ongoing weekly educational training calls.
National In-Person Appointments
Fairway has offices located nationwide with trained reverse mortgage planners, giving us the ability to meet with you in a face-to-face setting.