Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson November 6, 2024

Understanding an Appraisal Contingency in Your Home Purchase

When buying a home, you have the option to include contingencies in your purchase contract. These protect you by setting certain conditions that must be met for the contract to remain valid. If any contingency isn’t satisfied, you can back out of the sale without penalty.

Filed Under: Mortgage Tips Tagged With: Appraisal Contingency, Home Buying 101, Mortgage Tips

Cory Thompson October 25, 2024

What Is A Mortgage Par Rate And How Does It Work

Think of the par rate as the raw, default rate offered by a lender. It’s not the lowest rate you can get, nor is it inflated by any adjustments. Lenders determine the par rate based on a variety of factors, such as current market conditions, your credit score, the loan type, and the loan amount.

Filed Under: Mortgage Rates Tagged With: Mortgage Education, Mortgage Tips, Par Rate Explained

Cory Thompson October 22, 2024

Top 10 Strategies to Lower Your Mortgage Payments

Lowering your monthly mortgage payment can have a positive impact on your financial health, allowing you to allocate more money toward other needs or savings. Whether you’re experiencing financial stress or just want to optimize your budget, exploring ways to reduce your mortgage payment is a smart move.

Filed Under: Mortgage Tips Tagged With: Lower Mortgage Payments, Mortgage Tips, Refinance Strategies

Cory Thompson October 16, 2024

Understanding the Financial Power of Mortgage Points

In the world of home financing, mortgage points are a powerful yet often misunderstood tool that can significantly impact your long-term financial outlook.

Filed Under: Home Mortgage Tagged With: Home Financing, Mortgage Points, Mortgage Tips

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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

  • Mortgages for Newlyweds, Combining Finances and Buying Your First Home
  • What’s Ahead For Mortgage Rates This Week – September 2nd 2025
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