Cory Thompson - Mid America Mortgage, Inc.

Cory Thompson April 10, 2023

What’s Ahead For Mortgage Rates This Week – April 10, 2023

Last week’s economic reporting included readings on construction spending and labor sector readings on employment and the national unemployment rate for March. Weekly readings on mortgage rates and jobless claims were also released.

Cory Thompson April 7, 2023

A Home Equity Loan Versus A HELOC

If you are looking for a quick source of cash, you may have been told that you can tap into the equity in your home. If you have at least 20 percent equity in your home, you can borrow against that equity at a relatively low-interest rate for a quick source of funding. You might be deciding whether to apply for a home equity loan or a home equity line of credit, which is usually shortened to HELOC.

Cory Thompson April 6, 2023

Why Your ‘Debt-to-Income Ratio’ Number Matters When Obtaining a Mortgage

If you are looking to buy a home, you may want to consider shopping for a loan first. Having your financing squared away ahead of time can make it easier to be taken seriously by buyers and help move along the closing process. For those who are looking to get a mortgage soon, keep in mind that the Debt-to-Income ratio of the borrower plays a huge role in the approval of your mortgage application.

Cory Thompson April 5, 2023

How To Successfully Use Your Down Payment to Achieve Your Home Buying Goals

When you are considering purchasing a home, understanding the lending guidelines regarding a down payment is important.

What’s Ahead For Mortgage Rates This Week – April 10, 2023

A Home Equity Loan Versus A HELOC

Why Your ‘Debt-to-Income Ratio’ Number Matters When Obtaining a Mortgage

How To Successfully Use Your Down Payment to Achieve Your Home Buying Goals

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