Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson March 3, 2023

What Are The Benefits And Drawbacks Of Putting 20 Percent Down On A Home Purchase?

Several generations ago, lenders required home buyers to have a 20 percent down payment in order to get a mortgage. While there were a few options out there for people who couldn’t save this substantial amount, the reality was that for the majority of people, the 20 percent down was a requirement.

Filed Under: Mortgage Tagged With: Down Payment, Mortgage, Piggyback Loan

Cory Thompson March 1, 2023

The Top Benefits Of A Single Close Construction Loan

If you are thinking about building your own home, you might be wondering how construction loans work. There are plenty of options available, but one of the most popular choices is a single-close construction loan.

Filed Under: Mortgage Tagged With: Construction Loan, Interest Rates, Mortgage

Cory Thompson February 28, 2023

Moving From An Apartment To A House? Here’s What You Need To Remember About Your Lease

The major problem that the vast majority of buyers will run into – especially when purchasing their first home – has to do with a lease agreement that is still active with their apartment complex at the time of the purchase.

Filed Under: Mortgage Tagged With: Landlord, Mortgage, Tenant

Cory Thompson February 24, 2023

The Top Reasons To Stop Renting And Buy Today

Buying a house can be expensive, and it can take a long time to save up money for a down payment; however, it might be time for you to stop renting and buy your own place. What are some of the top reasons why it might be time to put down some roots?

Filed Under: Mortgage Tagged With: Mortgage, New Home

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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’s Ahead For Mortgage Rates This Week – June 30th, 2025
  • From Pre-Approval to Closing What to Expect in the Mortgage Journey
  • How HomeReady and Home Possible Mortgages Open Doors During National Homeownership Month
  • How Homeownership Builds Generational Wealth – A Message for National Homeownership Month

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