You can only change ONE letter, AND/OR rearrange the letters currently available. The first word is:
WINS
loch
floc
calf
flaw
leaf
deal
obviously...lead
idle
(Not leading?)
@5576 Welcome to RGB Stock Peggy!
idol
viol
lali lala
oval
foal
loaf
loof
fool
fowl
cowl
coil
boil
bolt
bowl
wool
wold
down