Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson October 18, 2023 1 Comment

How Do Mortgage Lenders Decide How Much You Can Borrow?

When it comes to buying a home, one of the most critical factors to consider is how much you can borrow through a mortgage.

Filed Under: Mortgage, Mortgage Tips Tagged With: Applying For A Mortgage, DTI, Mortgage Approval

Cory Thompson July 12, 2023

How Long Does It Take to Get a Mortgage Approval?

When you’re in the process of buying a home, one of the most important steps is obtaining a mortgage approval. This approval signifies that a lender is willing to offer you a loan to finance your dream home. The timeline for getting a mortgage approval can vary depending on several factors.

Filed Under: Mortgage Tagged With: Mortagge Loan, Mortgage, Mortgage Approval

Cory Thompson August 23, 2022

Assessing Your ‘Debt-to-Income Ratio’ and Why This Number Matters When Getting a Mortgage

For those who are looking to buy a home soon, keep in mind that the Debt-to-Income ratio of the borrower plays a huge role in the approval of your mortgage application. A low DTI may make it easier for the lender and the underwriter to justify making a loan to the borrower.

Filed Under: Mortagage Tips Tagged With: Debt To Income Ratio, Mortgage Approval, Mortgage Loan Information

Cory Thompson April 2, 2021

How To Get A Mortgage If You Are A Gig Worker

Twenty years ago the economy was putting the dot-com bubble behind it, and people were buying homes. The high majority of folks worked for someone else; they received a paycheck, were given a W-2 from their employer, and filed their income tax returns accordingly.

Filed Under: Mortgage Tagged With: Gig Work, Mortgage, Mortgage Approval

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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

  • Explaining Mortgage Options for Self-Employed Borrowers with Irregular Income
  • The Impact of Rental Income on Mortgage Qualification
  • The Impact of Homeowners Associations (HOAs) on Mortgage Approval
  • The Benefits of Online Mortgage Calculators for Borrowers

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17047 El Camino Real Ste 150
Houston, TX 77058

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