Cory Thompson

Mid America Mortgage, Inc.

  • Home
  • About
    • About Cory
    • Accessibility Statement
    • Texas Recovery Fund Notice
  • Blog
  • Mortgage Info
    • First Time Seller Tips
    • First Time Buyer Tips
    • Loan Programs
    • Home Appraisal
    • Loan Checklist
    • Loan Process
    • Mortgage FAQ
    • Mortgage Glossary
    • What to Expect at a Loan Closing: A Step-by-Step Guide
  • Zillow Reviews
  • Pre-Qualify
  • Contact

Cory Thompson September 13, 2024

Understanding Cross-Collateralization in Mortgage Lending

In the world of mortgage lending, borrowers may come across a variety of terms and concepts that can be confusing. One such concept is cross-collateralization. While not as common as traditional single-property mortgages, cross-collateralization can be a powerful financial tool in certain situations. However, it also comes with unique risks that borrowers should understand. This article will explain what cross-collateralization is, how it works, and when it might be used in mortgage lending.

Filed Under: Mortgage Tagged With: Cross Collateralization , Mortgage Lending, Real Estate Investing

Cory Thompson September 12, 2024

What Borrowers Need to Know About Mortgage Rate Locks

When it comes to securing a mortgage, timing is everything–especially when it comes to locking in an interest rate. Mortgage rates can fluctuate daily, and even a small change can have a significant impact on your monthly payments and the total cost of your loan. To protect yourself from rising interest rates while you’re in the process of buying a home or refinancing, you can use a mortgage rate lock.

Filed Under: Mortgage Rates Tagged With: Mortgage Lending, Mortgage Loans, Mortgage Rate Locks

Cory Thompson June 26, 2024

How Economic Trends Influence Mortgage Lending

As a consumer, understanding these economic trends can empower you to make informed decisions about your mortgage. Let’s discuss some key economic factors that influence mortgage lending and what they mean for you.

Filed Under: Mortgage Rates Tagged With: Housing Market, Mortgage Lending, Mortgage Rates

Cory Thompson

Cory Thompson


Mortgage Loan Originator
Mobile 832.347.1855
Office 281.218.0505

NMLS ID 225056

Legend Lending

Connect with Me

Let’s Keep In Touch!

  • This field is for validation purposes and should be left unchanged.

Recent Posts

  • Is Owner Financing Your Home the Smartest Move?
  • What’s Ahead For Mortgage Rates This Week – May 27th, 2025
  • Honoring Our Heroes and Celebrating the Meaning of Home
  • How Much Down Payment Do You Need for a Mortgage When Buying a Home?

Equal Housing Lender

© 2024 Legend Lending Corporation NMLS 229421 | Texas Recovery Fund Notice  | NMLS Consumer Access | Privacy Notice | Legal | Licensing

Our Location


Legend Lending
17047 El Camino Real Ste 150
Houston, TX 77058

Return to top of page

Copyright © 2025 Cory Thompson. All rights reserved.   Log In