Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson November 5, 2019

How Does My Existing Debt Affect Getting A New Mortgage?

Carrying debt is a common problem that people have. Some of the most common types of debt include student loans, credit cards, and motor vehicles. When you are interested in buying a new home, you often think about whether or not your debt is going to hurt your chances of qualifying for a new mortgage.

Filed Under: Mortgage Tagged With: Debt, Loan Qualification, Mortgage

Cory Thompson May 31, 2018

Understanding Your Debt To Income Ratio

When you are filling out a mortgage application, the lender will be asking you for specific financial information. One of the reasons they ask for this information is to enable the underwriter to calculate your debt to income ratio.

Filed Under: Mortgage Tagged With: Debt, Loan Qualification, Mortgage

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

  • How Property Taxes Impact Your Mortgage Payment
  • The Impact of Inflation on Mortgage Rates and Home Affordability
  • How to Pay Off Your Mortgage 10 Years Early Without Extra Payments
  • Will Multiple Mortgage Applications Hurt Your Credit Score?

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