Cory Thompson

Mid America Mortgage, Inc.

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CORY THOMPSON
NMLS ID 225056 • Located in Texas
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Cory Thompson July 25, 2025

The Effect of Local Job Markets on Mortgage Lending

When evaluating the housing market, many people focus on home prices and interest rates. However, one critical factor that often goes unnoticed is the strength of the local job market. Employment trends directly affect mortgage lending by influencing both buyer demand and lender confidence.

Filed Under: Mortgage Tips Tagged With: Job Market Impact, Local Economy, Mortgage Lending

Cory Thompson July 24, 2025

How to Determine Your Ideal Monthly Mortgage Payment

Buying a home is one of the most exciting financial decisions you will ever make, but understanding what you can comfortably afford each month is essential for long-term success. Your ideal monthly mortgage payment should not just fit within your budget today, but also allow for financial flexibility and security in the future.

Filed Under: Mortgage Tips Tagged With: Financial Planning, Home Buying Tips, Mortgage Budget

Cory Thompson July 23, 2025

The Benefits of Mortgage Rate Buydowns

When purchasing a home, every detail matters, especially your interest rate. One strategy that many buyers overlook is the mortgage rate buydown. A buydown allows you to lower your interest rate for the first few years of your loan, or even permanently, by paying upfront fees at closing. This option can significantly reduce your monthly payments, offering financial relief when you need it most.

Filed Under: Mortgage Rates Tagged With: Lower Payments, Mortgage Rate Buydown, Mortgage Tips

Cory Thompson July 22, 2025

Are Low Down Payment Programs Right for You?

Purchasing a home is a significant milestone, but for many buyers, saving for a large down payment can feel overwhelming. Thankfully, low down payment programs can offer a solution, making homeownership more accessible than ever before. However, before choosing one of these options, it is important to understand both the benefits and potential drawbacks.

Filed Under: Mortgage Tips Tagged With: First Time Home Buyer, Home Loan Options, Low Down Payment

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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

  • Cash-Out Refinance vs. Rate-and-Term Refinance: Which One Is Right for You?
  • What’s Ahead For Mortgage Rates This Week – August 11th, 2025
  • Why Retirees Are Taking Out Mortgages on Purpose
  • Your Mortgage Timeline, Backward

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Houston, TX 77058

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