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Welcome, Jones Family.
This page is your personal homeownership hub. It is designed to keep everything related to your loan process in one organized place.
From our first consultation through closing day, this space will hold the tools and information you need along the way. You will find credit consultation presentations, fee worksheets, homebuyer checklists, and important updates as we move through each milestone together.
Once you are under contract, this hub will become your contract-to-close dashboard so you can easily follow each step leading up to the day you receive your keys.
Choose Your Homeownership Path
Every homebuying journey begins at a different starting point. Select the path below that best reflects where you are today — and let's take the next step together.
1
Check Your Credit First
If you've never pulled your credit or simply want to see where you stand, start here. Get a clear picture of your credit health before anything else. Make sure to select the Premier Plan $39
Visit MyFico.com
2
Get Credit Guidance
If you know credit may be holding you back — or you'd like expert guidance on improving your score — schedule a one-on-one credit consultation with Damoris.
3
Ready to Buy
If you feel confident about your credit and are ready to talk next steps toward purchasing your home, jump straight into a purchase consultation.
4
Apply for Your Mortgage
Ready to take the next step? Complete your mortgage application online — it's quick, secure, and the fastest way to get the process started.
Purchase Readiness Roadmap
Your comprehensive guide from initial contact to securing your dream home, outlining each crucial step.

You Are Here → Step 7 – Loan Scenario & Fee Worksheet Review
1
Referral Received
Your Realtor has connected you with our team so we can guide you through the homebuying process together.
2
Schedule Your Purchase Consultation
Choose a convenient time to review your homebuying goals, timeline, and financial readiness.
3
Purchase Consultation
We discuss your homeownership goals, price range, timeline, and overall financial picture. If credit concerns appear, we transition to the Credit Readiness Roadmap.
This meeting determines the best path forward.
4
Mortgage Application Started
Complete a short mortgage application so we can create your file and begin reviewing your financial profile.
5
Credit Snapshot & Financial Review
We review available credit information and liabilities to evaluate your readiness without pulling hard credit yet
** No Credit has been pulled or viewed yet
6
Document Collection
Upload the requested documents so we can verify income, assets, and financial stability. Typical documents include paystubs, bank statements, and identification.
7
Loan Scenario & Fee Worksheet Review
We prepare an initial loan scenario and review an Itemized Fee Worksheet so you understand estimated payments, closing costs, and loan options.
8
Pre-Approval Readiness Review
Your file is reviewed for income stability, debt ratios, and documentation readiness. Once solid, we prepare for the official credit pull.
9
Ready for Pre-Approval
We move forward with the hard credit pull and finalize your pre-approval so you can begin shopping for a home with confidence. This ensures your credit timing aligns with your home shopping timeline.

Possible Paths After Your Consultation
• If your credit is ready → We continue with the Purchase Readiness steps.
• If credit improvements are needed → We move to the Credit Readiness Roadmap.
Once your credit goals are met, you return here to continue toward pre-approval.
This roadmap ensures a clear, structured journey, guiding you through each stage with confidence and expert support.
Inside Your Hub
Everything you need will be organized here in one place. As we move through each stage of your homebuying journey, new resources, updates, and next steps will appear in this hub based on where you are in the process.
Here is what you will find inside your homebuying hub:
1
Credit Consultation Materials
Presentations, resources, and action steps from your credit consultation to help you understand and improve your credit profile.
2
Loan Cost Estimates
Transparent cost breakdowns and loan estimates so you always know what to expect before moving forward.
3
Homebuyer Checklists
Step-by-step checklists to keep you organized and on track at every stage of the homebuying process.
4
Loan Updates and Milestones
Important progress updates, milestone notifications, and next steps shared directly through your hub.
5
Contract-to-Close Resources
Once you are under contract, this section activates as your full closing dashboard — guiding you step by step to closing day.
Your Loan Summary & Itemized Costs
Watch the video below for a full walkthrough, and download the Itemized Fee Worksheet for a complete cost breakdown.
Loan Snapshot
Loan Type: 30-Year FHA Fixed
Purchase Price: $180,000
Down Payment: $6,300 (3.5%)
Total Loan Amount: $176,739
Interest Rate / APR: 5.875% / 6.732%
Lock Period: 30 Days
Monthly Payment Breakdown
P&I:
$1,045.48
Property Taxes:
$187.50
Insurance:
$75.00
MIP:
$79.16
Total Monthly:
$1,387.14
Estimated Cash to Close
Down Payment
$6,300.00
Lender Fees
$1,395.00
Third Party Fees
$8,202.50
Taxes & Gov. Fees
$771.00
Prepaids & Escrow
$1,715.95
FHA UFMIP Credit
-$3,039.00
Cash from Borrower
$15,345.45
This estimate is for illustrative purposes only and is not a loan approval or commitment to lend. Rates are subject to change.
Why USDA Isn't the Right Fit Right Now
Ashley, we explored USDA as a zero-down option — but your current DTI ratios fall outside standard USDA guidelines. Here's a clear breakdown of why, and what exceptions may exist.
Your Current DTI
Front-End:
44.49%
Back-End:
48.71%
USDA Standard Max
Front-End Max:
32%
Back-End Max:
44%

Is There Any Exception?
Per USDA Handbook HB-1-3555, Chapter 11, Section 11.3 A, a Debt Ratio Waiver may be granted when strong compensating factors are present:
  • Credit score 680+ (Ashley's Equifax: 780 ✅)
  • 12+ months of reserves after closing
  • Minimal increase in housing expense vs. current rent
  • History of conservative credit use
Even with a waiver, approval is not guaranteed and lenders must fully document the exception. FHA remains the stronger, more reliable path for Ashley's profile.
Reference: USDA HB-1-3555, Ch. 11, Sec. 11.3 A — Debt Ratio Waivers. For educational purposes only.
Loan Programs
Whether you're buying your first home, investing in real estate, or exploring options others said weren't possible — Damoris has a program for you. Browse our most popular loan products below. Don't see what you're looking for? Just ask. Damoris will search our full product database to find the right fit.
Conventional Loans
Flexible financing for qualified buyers with solid credit and stable income.
FHA Loans
Government-backed loans with lower down payment requirements — ideal for first-time buyers.
VA Loans
Zero down payment options for veterans, active-duty service members, and eligible spouses.
USDA Loans
100% financing for eligible rural and suburban homebuyers with moderate income.
Down Payment Assistance
Programs designed to help buyers bridge the gap when saving for a down payment is the biggest hurdle.
Bank Statement Loans
Alternative income verification using personal or business bank statements — ideal for self-employed borrowers.
DSCR Loans
Debt Service Coverage Ratio loans for real estate investors — qualify based on property income, not personal income.
Fix & Flip Loans
Short-term financing for investors looking to purchase, renovate, and resell properties for profit.
Construction Loans
Financing for building a new home from the ground up — covering costs from land to final build.
Reverse Mortgages
Allow eligible homeowners 62+ to convert home equity into tax-free funds without monthly mortgage payments.
Commercial Loans
Financing solutions for business properties, mixed-use buildings, and income-producing real estate.
Doctor Loans
Specialized mortgage programs for physicians and medical professionals — often with no PMI and flexible income qualification.
"My mission is to transform the often intimidating mortgage process into an educational journey that empowers my clients. When you work with me, you're not just getting a loan — you're gaining a financial partner committed to your long-term success."
— Damoris Williams, Mortgage Loan Originator
One of Our Preferred Certified Financial Consultants
ABOUT FRANCESCA COLBERT
COLBERTSON CONSULTATIONS, LLC
I'm a Certified Wealth Educator I've been in business 8+ years We specialize in:
  • Credit Restoration
  • Debt Payoff
  • Credit Monitoring
  • Savings
  • Identity Monitoring
  • Budgeting
  • And much more.
What to Expect: Your Journey to Closing
Damoris walks alongside you at every stage — from your very first conversation to the moment you receive your keys. Here's a simplified look at how the process unfolds.
Most clients move from consultation to pre-approval within just a few days. Damoris makes sure you're never left wondering what comes next.
Protect Your Privacy
Taking these two important steps can help reduce unwanted solicitations and protect your personal information from prescreened offers and telemarketing calls. ⚠️ Important: Once your credit is pulled for a mortgage, your information may be sold to competing lenders who will contact you with unsolicited offers — this is known as a "trigger lead." While legal, it can be confusing and overwhelming. The steps below can help reduce this significantly.
Opt Out of Prescreened Offers
Remove your name from lists used for unsolicited credit and insurance offers. This helps prevent identity theft and reduces junk mail.
Or call 1-888-5-OPT-OUT
Register for the Do Not Call Registry
Register your phone numbers to significantly reduce the number of telemarketing calls you receive.
Understanding Your Credit Check
When you're ready for the crucial hard credit pull, an upfront fee of $99+ (depending on single or joint report) covers a comprehensive credit report and detailed documentation review. This transparency is key, providing unique advantages for your financial journey.
Comprehensive Review
The upfront fee covers a detailed credit report and thorough documentation review, giving us a complete financial picture from the start.
Shop Multiple Lenders
As a broker, Damoris can re-issue your existing report to multiple lenders without additional inquiries, securing the best possible terms for you.
Protect Your Credit Score
Avoid multiple hard inquiries that can negatively impact your credit. This approach safeguards your score while optimizing your loan options.
Maximum Flexibility
Unlike limited free lender reports, Damoris's paid report offers broader use, empowering you with more choice and better negotiating power.
Your Dream Home Is Closer Than You Think
No matter where you're starting from — whether you're building credit, saving for a down payment, or ready to sign — Damoris Williams and her team are ready to walk this journey with you.
Step 1
Check your credit at MyFico.com
Step 2
Schedule your free consultation
Step 3
Get pre-approved and start shopping
Step 4
Close on your new home!
Get in Touch with Damoris
Ready to take the first step? Reach out directly — Damoris and her team are here to answer your questions, review your options, and help you move forward with confidence.
Contact Information
Damoris Williams
Mortgage Loan Originator, NMLS# 149521
NEXA Lending, LLC
Lic. AZBK #2006218 | NMLS#1660690
📧 damoriswilliams@nexalending.com
🌐 getapprovedwithdamoris.com
📞 470-526-4988
5559 S. Sossaman Rd. Bldg. 1 #101
Mesa, AZ 85212
Ready to Apply?
Take the next step toward homeownership today. Applying online is quick, secure, and the fastest way to get your pre-approval started.
Or scan the QR code on Damoris's contact card to connect instantly from your mobile device.

All approvals are subject to underwriting guidelines. This is not a commitment to make a loan. Not all customers will qualify. Information, rates, and programs are subject to change without prior notice.

©2025 NEXA Lending LLC. Lic. AZBK #2006218 / NMLS#1660690 | 5559 S. Sossaman Rd. Bldg. 1 #101, Mesa, AZ 85212
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