Our specialty lies in educating seniors and pre-seniors on the advantages of using a HECM (Home Equity Conversion Mortgage). Reverse mortgage loans are a way to turn a portion of the equity in your home into tax-free* cash without having to make mortgage payments. Borrowers must still pay taxes, insurance, homeowner association dues if applicable, and maintain the home. There are many benefits a reverse mortgage can offer you.

Our team can show you how a reverse mortgage loan has the potential to help you manage increasing living expenses. I am dedicated to making sure that my team responds quickly and compassionately to all parties involved. You and your loved ones are in great hands with us.​

*This advertisement does not constitute tax advice. Please consult a tax advisor regarding your specific situation.

Terry Williams, “Reverse Mortgage Doc”
Reverse Mortgage Planner
 NMLS# 658551


Mobile: 402-301-4500
Office: 402-819-5632
Fax: 866-806-9658

State Licensed: NE, IA, SD, MN, KS, MO, CO, FL

Our Services

Home Equity Conversion Mortgages (HECM) Loans

Federally-insured reverse mortgage loan backed by the U. S. Department of Housing and Urban Development (HUD). If you qualify, HECM loans  would enable you to withdraw a portion of your home’s equity, which can be used for any purpose.

Home Equity Conversion Mortgage for Purchase (H4P)

An H4P (a type of HECM) enables qualified  senior homebuyers to purchase a new primary residence that better suits their needs and obtain a reverse mortgage in one transaction. You can use an H4P if you are able to use cash on hand to pay the difference between the HECM proceeds and the sales price plus closing costs for the property you are purchasing.

The Reverse Line of Credit (LOC)

 A regular home equity line of credit (HELOC) requires monthly payments, does not grow, and can be called due by the lender at any time. A reverse mortgage line of credit has a clear cut advantage over the HELOC, in that it has a growth option that applies to the unused funds. If you take this out at 62 rather than 82, and leave the funds to grow instead of using them, you could have a substantial credit line available in later years when you may need it most.

The Combination Home Equity Conversion Loan 

Your reverse mortgage lender will give you three options, lump sum, line of credit, or monthly cash flow payment. You are able to use a combination of those to fit your specific needs or wants. If your needs or wants change, as long as there is money available, you are able to change your disbursement option for a small, one-time fee. ​

You can use any combination of the three different loan proceed options to fit your specific needs or wants.


Our Fairway Reverse Mortgage Planner did a great job!  He is very knowledgeable, friendly, and professional. Thank you!

Michael M

Our loan officer was very friendly and positive about me getting a reverse mortgage loan. I felt they took the time to be my friend and truly had my best interest at heart.  I would highly recommend them to anyone else.

Floyd J

After searching the web for information, I was recommended to a Fairway loan officer.  They explained the mortgage and the process and worked tirelessly to make it all work for me.

Robert M

*The testimonials have been gathered from all Fairway Loan officers and may not correspond directly to this Loan Officer.