Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson November 6, 2024

Understanding an Appraisal Contingency in Your Home Purchase

When buying a home, you have the option to include contingencies in your purchase contract. These protect you by setting certain conditions that must be met for the contract to remain valid. If any contingency isn’t satisfied, you can back out of the sale without penalty.

Filed Under: Mortgage Tips Tagged With: Appraisal Contingency, Home Buying 101, Mortgage Tips

Cory Thompson November 5, 2024

Understanding “Cash to Close” in Your Home Buying Journey

If you’ve received your Closing Disclosure from your lender, congratulations! You’re almost at the finish line of your home buying journey, ready to celebrate with keys in hand.

Filed Under: Home Mortgages Tagged With: Closing Costs, Home Loan Basics, Mortgage

Cory Thompson November 4, 2024

What’s Ahead For Mortgage Rates This Week – November 4th, 2024

This week, the Federal Reserve’s preferred inflation data was released, and the results met expectations. This, along with recent GDP estimates, employment reports, and personal income/spending figures, paints a stable economic picture. It suggests that we may be on track for the Federal Reserve’s next round of rate cuts. The Federal Reserve has consistently stated its 2% inflation target and current figures show inflation at 2.1%. This indicates that a ‘soft landing’ for the economy could be within reach.

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

Cory Thompson November 1, 2024

Can You Refinance a Reverse Mortgage Loan?

If you have a reverse mortgage loan, you might be curious about your options for refinancing. The good news is that yes, you can refinance a reverse mortgage, and doing so may offer several benefits depending on your unique financial situation.

Filed Under: Mortgage Tagged With: Mortgage Refinance, Reverse Mortgage, Senior Homeowners

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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

  • How to Build Credit For a Mortgage Starting This National Homeownership Month
  • Celebrating National Homeownership Month and How First-Time Buyer Programs Make It Possible
  • The Emotional Rewards of Homeownership and Why It’s Worth Celebrating in June
  • What’s Ahead For Mortgage Rates This Week – June 16th, 2025

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