Cory Thompson

Mid America Mortgage, Inc.

  • Home
  • About
    • About Cory
    • Accessibility Statement
    • Texas Recovery Fund Notice
  • Blog
  • Mortgage Info
    • First Time Seller Tips
    • First Time Buyer Tips
    • Loan Programs
    • Home Appraisal
    • Loan Checklist
    • Loan Process
    • Mortgage FAQ
    • Mortgage Glossary
    • What to Expect at a Loan Closing: A Step-by-Step Guide
  • Zillow Reviews
  • Pre-Qualify
  • Contact

Cory Thompson September 13, 2024

Understanding Cross-Collateralization in Mortgage Lending

In the world of mortgage lending, borrowers may come across a variety of terms and concepts that can be confusing. One such concept is cross-collateralization. While not as common as traditional single-property mortgages, cross-collateralization can be a powerful financial tool in certain situations. However, it also comes with unique risks that borrowers should understand. This article will explain what cross-collateralization is, how it works, and when it might be used in mortgage lending.

Filed Under: Mortgage Tagged With: Cross Collateralization , Mortgage Lending, Real Estate Investing

Cory Thompson September 10, 2024

The Difference Between Mortgage Prepayment and Payoff

As a homeowner or prospective buyer, understanding the intricacies of mortgage management can save you time, stress, and potentially thousands of dollars. Two key concepts that often confuse borrowers are mortgage prepayment and mortgage payoff. While both strategies can reduce the overall interest paid and shorten the loan term, they function differently. Let’s break down what each term means and how they can affect your mortgage journey.

Filed Under: Mortgage Tagged With: Financial Planning, Home Ownership, Mortgage Tips

Cory Thompson August 30, 2024

Tackling Debt with a Cash-Out Refinance: Is This Strategy Right for You?

Credit card debt in the U.S. has surged to an unprecedented level, climbing by $50 billion last year to a staggering $1.13 trillion. This highlights the financial strain many individuals and families are experiencing, making effective debt management more crucial than ever. One potential strategy to consider is a cash-out refinance on your home.

Filed Under: Mortgage Tagged With: Cash Out Refinance, Debt Relief, Mortgage

Cory Thompson August 14, 2024

What is a Flex Payment Mortgage?

Understanding your options when shopping for a mortgage is crucial to making the best financial decisions. One option that is not well known is the Flex Payment Mortgage. But what exactly is it, and how can it benefit you?

Filed Under: Mortgage Tagged With: Flexible Payments, Mortgage Flexibility, Mortgage Tips

  • « Previous Page
  • 1
  • …
  • 7
  • 8
  • 9
  • 10
  • 11
  • …
  • 128
  • Next Page »

Cory Thompson

Cory Thompson


Mortgage Loan Originator
Mobile 832.347.1855
Office 281.218.0505

NMLS ID 225056

Legend Lending

Connect with Me

Let’s Keep In Touch!

  • This field is for validation purposes and should be left unchanged.

Recent Posts

  • 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
  • What’s Ahead For Mortgage Rates This Week – August 4th, 2025

Equal Housing Lender

© 2024 Legend Lending Corporation NMLS 229421 | Texas Recovery Fund Notice  | NMLS Consumer Access | Privacy Notice | Legal | Licensing

Our Location


Legend Lending
17047 El Camino Real Ste 150
Houston, TX 77058

Return to top of page

Copyright © 2025 Cory Thompson. All rights reserved.   Log In