Cory Thompson

Mid America Mortgage, Inc.

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CORY THOMPSON
NMLS ID 225056 • Located in Texas
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Cory Thompson September 15, 2022

What To Know About Your Debt-To-Income Ratio When Buying A Home

When you apply for a mortgage, your lender will do some quick math to figure out how much of a loan you can afford. Your lender will consider many factors, and one of the most important ones is your debt-to-income ratio.

Filed Under: Mortgage Tagged With: Credit Score, Debt to Income, Mortgage

Cory Thompson September 13, 2022

The Minimum Credit Score For VA Home Loan Approval: What To Know

When you are applying for a home loan, you need to make sure that you meet the minimum credit score requirements. If you decide to go with a traditional loan, the credit limit can be high, making it hard to qualify for a home loan. In contrast, you might be able to qualify for a VA home loan with a much lower credit score. What do you need to know?

Filed Under: Mortgage Tagged With: Credit Score, Mortgage, VA Loans

Cory Thompson September 12, 2022

What’s Ahead For Mortgage Rates This Week – September 12, 2022

Last week’s economic reporting was minimal due to the Labor Day Holiday. Fed Chair Jerome Powell Weekly readings on mortgage rates and jobless claims were also released.

Filed Under: Financial Reports Tagged With: Case-Shiller, Financial Report, Mortgage Rates

Cory Thompson September 9, 2022

Important Things To Know Before Signing Your Reverse Mortgage

There are many reasons people take out reverse mortgages. However, this option is usually considered by cash-strapped seniors who own their homes and are looking to ease the burden of their golden years. The beauty of reverse mortgages is that you’ll receive money as long as you are current on property taxes and homeowners insurance.

Filed Under: Mortgage Tips Tagged With: Home Buyer Tips, Mortgage Tips, Reverse Mortgage

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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

  • Reflecting on the Meaning of Independence Day
  • Understanding the Basics of Mortgage Securitization
  • Understanding the Federal Housing Administration Title I Home Improvement Loan Program
  • The Impact of Gender and Race on Mortgage Approval Rates

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