Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson June 5, 2018

Pros And Cons Of Buying A Foreclosure

When a homeowner stops making regular mortgage payments, the bank can foreclose on the property. This means that the bank takes possession of the property in an attempt to recover the debt the homeowner owes. In some cases, the bank may try to recover this debt by selling the property at auction. In other cases, the bank will simply list the foreclosed home for sale.

Filed Under: Mortgage Tagged With: Foreclosure, Mortgage, Pre-Approval

Cory Thompson June 1, 2018

How To Qualify For An FHA Loan

Borrowers who cannot qualify for a conventional mortgage are often able to obtain an FHA loan. However, to secure this type of loan, you must still meet certain requirements.

Filed Under: Mortgage Tagged With: FHA, Financing, Mortgage

Cory Thompson May 31, 2018

Understanding Your Debt To Income Ratio

When you are filling out a mortgage application, the lender will be asking you for specific financial information. One of the reasons they ask for this information is to enable the underwriter to calculate your debt to income ratio.

Filed Under: Mortgage Tagged With: Debt, Loan Qualification, Mortgage

Cory Thompson May 24, 2018

What You Need To Know About Your Home Appraisal And Your Mortgage

When buying a home, there are certain steps a buyer should go through before the home sale is official. First the buyer makes the offer, then the offer is accepted.

Filed Under: Mortgage Tagged With: Appraisal, Mortgage, Value

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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

  • Why Retirees Are Taking Out Mortgages on Purpose
  • Your Mortgage Timeline, Backward
  • From Divorce to Fresh Starts, the Mortgage Paths No One Talks About
  • Why Getting Pre-Approved Feels So Intimidating, and Why It Shouldn’t

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