Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson March 5, 2025

Understanding Mortgage Payments and How to Calculate Them

Knowing how to calculate mortgage payments can help you plan for homeownership and budget effectively. Several factors determine your monthly payment, including the loan amount, interest rate, and loan term. Here’s a step-by-step guide to understanding the process.

Filed Under: Mortagage Tips Tagged With: Home Buying, Mortgage Payments, Mortgage Tips

Cory Thompson February 25, 2025

Understanding Mortgage Escrow Accounts and Why They Are Important

A mortgage escrow account is a financial tool used by lenders to manage and disburse payments for property-related expenses, like property taxes and homeowners insurance. Rather than paying these expenses separately, a portion of your monthly mortgage payment is set aside in the escrow account.

Filed Under: Home Mortgage Tips Tagged With: Escrow Account, Home Buying101, Mortgage Tips

Cory Thompson February 21, 2025

How Do Mortgage Lenders Decide How Much You Can Borrow?

When buying a home, one of the most critical factors is determining how much you can borrow through a mortgage. Lenders evaluate multiple financial aspects to assess your borrowing capacity.

Filed Under: Home Mortgages Tagged With: Credit Score, Home Buying, Mortgage Tips

Cory Thompson February 20, 2025

To Finance Or Not To Finance

Deciding to finance a new home can be exciting, and because of that buyers tend to want to jump right in. Not so fast! Before you start searching for your dream home, you need to get pre-approved and that means applying for a loan.

Filed Under: Home Buying Tips Tagged With: Home Buying, Home Financing, 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

  • Why Retirees Are Taking Out Mortgages on Purpose
  • Your Mortgage Timeline, Backward
  • From Divorce to Fresh Starts, the Mortgage Paths No One Talks About
  • Why Getting Pre-Approved Feels So Intimidating, and Why It Shouldn’t

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17047 El Camino Real Ste 150
Houston, TX 77058

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