Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson December 20, 2023

Creative Financing Options for Homebuyers

When it comes to purchasing Real Estate, the traditional financing options may not always be the perfect fit for every aspiring homeowner. Fortunately, a range of alternative financing options exists, offering innovative solutions that cater to diverse financial circumstances. Here are some creative financing avenues that empower homebuyers to achieve their dream of homeownership: rent-to-own, lease-purchase agreements, and shared equity arrangements.

Filed Under: Mortgage Tips Tagged With: Finance Options, Homebuyers, Mortgage

Cory Thompson November 16, 2023

Comparing Temporary and Permanent Mortgage Buydowns

t’s important to note that while a temporary buydown can lower monthly payments during the buydown period, it does not reduce the total amount of interest paid over the life of the loan. In fact, the total interest paid over the life of the loan may be higher due to the upfront fee paid to fund the buydown.

Filed Under: Mortgage Tips Tagged With: Mortgage, Mortgage Buydowns, Mortgage Options

Cory Thompson November 8, 2023 Leave a Comment

Understanding Assumable Mortgage Loans

Mortgage loans are an essential aspect of financing the purchase of a property. Among the various types of mortgages available, one option that may be advantageous for both buyers and sellers is an assumable mortgage loan. An assumable mortgage loan is a type of home loan agreement that allows a homebuyer to assume the existing […]

Filed Under: Mortgage Tips Tagged With: Assumable Loans, Mortgage, Mortgage Choices

Cory Thompson October 19, 2023 Leave a Comment

Understanding Why You Don’t Need to Pay Off Your Mortgage Early

While the idea of being mortgage-free is undoubtedly appealing, there are compelling reasons why you might not need to rush to pay off your mortgage ahead of schedule.

Filed Under: Mortgage Tips Tagged With: Mortgage, Mortgage Pay Off, Retirement

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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

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  • Financing Land and New Construction Homes

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