Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson August 1, 2025

The Risks of Using a Mortgage for House Flipping

House flipping, the practice of buying a property, renovating it, and quickly selling it for a profit, can be an exciting and potentially lucrative investment strategy. However, financing a flip with a traditional mortgage carries significant risks that investors should carefully consider before proceeding.

Filed Under: Home Financing Tips Tagged With: House Flipping, Investment Property, Mortgage Risks

Cory Thompson March 13, 2025

What Sellers Need to Know About Becoming a Lender with Creative Financing

Creative financing can be an attractive option for sellers, especially those with significant equity. One popular approach is carrying back a second mortgage, where the seller effectively becomes a lender to help the buyer complete the purchase.

Filed Under: Home Financing Tips Tagged With:  Creative Financing, Mortgage Tips, Seller Financing

Cory Thompson February 7, 2025

How Can I Get Removed from a Mortgage as a Co-Signer?

Being a co-signer on a mortgage can be a significant financial commitment, one that you might not want to maintain indefinitely. Whether your circumstances have changed, or the primary borrower is now in a position to manage the loan independently, it’s understandable to want to remove your name from the mortgage.

Filed Under: Home Financing Tips Tagged With: Loan Assumption, Mortgage Tips, Refinancing

Cory Thompson January 29, 2025

Can You Be a First-Time Homebuyer Again?

Purchasing a home is a significant milestone, and first-time homebuyer programs make the process easier for many stepping into homeownership. But what if you’ve owned a home before or are currently a homeowner?

Filed Under: Home Financing Tips Tagged With: Affordable Housing, First Time HomeBuyer, Home Buying Tips

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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

  • The Risks of Using a Mortgage for House Flipping
  • Should You Get a Mortgage If You Plan to Move Soon?
  • How to Remove PMI Without Refinancing
  • The Effect of Local Job Markets on Mortgage Lending

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