Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson June 10, 2016

The Pros and Cons of Mortgage Rate Locks

If you’re just jumping into the game of home purchasing, you are likely considering all of your loan options and may even have heard the term mortgage lock. For those who don’t like to gamble, a mortgage rate lock can offer a bit of reassurance, but there are also some downsides to this type of protection. Before signing off on this, here are the details on rate locks so you can make an informed decision.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage Rate Locks, Mortgage Tips

Cory Thompson April 15, 2016

How to Determine the Right Mortgage for You: The Pros and Cons of Each Type

Finding the right mortgage can be a struggle. There’s a wide array of mortgage products on the market, and you don’t always need to get a mortgage through your bank – and with so many options, it’s hard to know which one is your best bet.

Your ideal mortgage will depend on your own individual financial situation, but when you understand how different kinds of mortgages work, it’s easier to choose the right one. Here’s what you need to know about mortgage types.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage Tips, Mortgage Types

Cory Thompson April 12, 2016

Key Questions to Ask Yourself Before Deciding to Refinance Your Mortgage

If you’re looking to reduce your interest payments or get more favorable loan terms, there are lots of ways you can change your mortgage. But one of the most effective ways to take advantage of low interest rates is with a mortgage refinance. That said, refinancing typically comes with a variety of costs and may not be a good solution or all homeowners.

So how can you tell whether it’s a good idea to refinance your home? Here are three questions you need to ask yourself if you want to find out.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage Tips, Refinancing Mortgage

Cory Thompson April 5, 2016

Budgeting for a New Home?: 3 Unlikely Costs to Consider in Your Overall Budget

If you’re planning to buy a new home in the near future, you’re probably working hard to prepare a budget and determine how much you can afford before you start viewing homes. While it’s good to have an idea of what you can pay for a new house, many buyers routinely miss several key home buying costs that can later cause a variety of problems. Before you start looking for your new home, make sure you add these three commonly forgotten costs to your budget.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage Tips, New Home Budget

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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

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