Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson June 23, 2026

How Gift Funds Can Help You Buy a Home and the Rules You Need to Know

Saving for a home can take years, especially when buyers are trying to build a down payment while managing everyday expenses. For many homebuyers, financial assistance from a family member can help bridge the gap and make homeownership possible sooner. These funds are commonly known as gift funds, and while they can be a valuable resource, there are important guidelines borrowers should understand before using them.

Filed Under: Home Buying Tips Tagged With: First Time Home Buyer, Gift Funds, Home Buying Tips

Cory Thompson June 22, 2026

What’s Ahead For Mortgage Rates This Week – June 22nd, 2026

The week was relatively light following the release of the prior inflation data and the FOMC rate decision. The Federal Reserve decided to keep its overnight borrowing rate unchanged and has indicated no plans to make changes in the near term.

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

Cory Thompson June 19, 2026

What Underwriters Look For in the Final Weeks Before Closing

Many home buyers assume the hard work is finished once their mortgage application has been approved. However, the final weeks before closing are an important stage of the process. During this time, underwriters continue reviewing information to ensure everything remains consistent with the details originally provided. Understanding what they look for can help you avoid last-minute surprises.

Filed Under: Mortgage Tips Tagged With: Closing Day, Mortgage Tips, Mortgage Underwriting

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Cory Thompson

Cory Thompson


Mortgage Loan Originator
Mobile 832.347.1855
Office 281.218.0505

NMLS ID 225056

Legend Lending

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Recent Posts

  • What to Do Financially During the 30 Days Before Closing
  • What Lenders Mean When They Ask for Updated Financial Documents
  • What’s Ahead For Mortgage Rates This Week – June 29th, 2026
  • The Financial Habits That Make Mortgage Approval Easier

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Houston, TX 77058

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