Terry Terwedo Loan Consultant
- NMLS # 1752045
About Terry Terwedo
Terry Terwedo is a dedicated Loan Consultant with solid experience in home loan origination. Terry Terwedo, NMLS #1752045 is ready to meet the needs of the community and demonstrate why so many clients have put their trust in New American Funding over the years.
4.9/5 Based on 269,421 Reviews
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Pathway to HomeOwnership
Are you Ready?
At New American Funding, we believe that every person deserves a clear path to achieving their dream of homeownership. So, we created the Pathway to Homeownership initiative to alleviate some of your financial worries.
What is the Pathway to
The Pathway to Homeownership offers qualified borrowers in select areas up to $8,000 in assistance. These funds are not a loan that needs to be repaid and are available to first-time homebuyers in designated areas.
This program can also potentially be combined with other down payment assistance programs to offer you even more support as you build the life of your dreams.
NAF Cash Can Turn You into a Cash Buyer
Buying in cash means convenience, certainty, and may mean cost savings too. In fact, buying in cash may help you save up to 11% over those using a traditional mortgage.* With NAF Cash, you can make a competitive, true cash offer that is not contingent on financing and close in little as seven days without having to sell your current home first.
*According to a study from researchers at the University of California - San Diego, cash buyers have paid about 11% less than using a mortgage. Reher, Michael and Valkanov, Rossen, The Mortgage-Cash Premium Puzzle (September 24, 2021). Available at SSRN: ssrn.com/abstract=3751917 or dx.doi.org/10.2139/ssrn.3751917
Every story of home buying is unique, we offer a variety of loans to meet our clients' needs.
From the Blog
Women's History in Homebuying and The New Trailblazers
Today, we celebrate the triumph of women becoming the largest sector of homeowners compared to single men. According to The Pew Research Ce... Read More
You're In Good Hands!
"Terry was awesome and patient with us! We had a wedding to plan and take place during the Mortgage process and Terry made himself available at all times to us. Overall, it was a smooth and painless process. Thanks Terry and NAF!! - N&A"
"Terry was our fairy godfather for this transaction. In a market with high interest rates, Terry helped us lock as low as possible, our realtor helped us score seller-paid closing costs, and we were able to buy down interest rate points to the lowest possible rate. This was something we were nervous about as buyers, and Terry provided us with all our options - checking in personally every step of the transaction. We would trust Terry with every financial decision/transaction. Not only is he a great lender, but an excellent friend! Thank you, Terry!"
"Terry was wonderful! As a first time homebuyer he made the process extremely easy for me!"
"Terry was easily accessible and he walked me through the whole process. I would definitely recommend him to others."
New American Funding
St. Louis Park
Minneapolis, MN 55416
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