Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson January 10, 2024

Renting Out Your Property and Becoming a Landlord with a Mortgage

Becoming a landlord can be a profitable undertaking, providing a steady income stream and potential long-term investment growth. It is important to understand the complexities of managing a property while still under a mortgage. We will discuss the key insights into renting out your property and becoming a landlord while maintaining a mortgage.

Filed Under: Home Mortgage Tagged With: Insurance, Mortgage, Property Rental

Cory Thompson January 9, 2024

Unveiling the Power of VA Loans for Veterans

For the brave men and women who have served in the armed forces, the dream of homeownership becomes more attainable and rewarding through the power of VA loans. We will discuss the unique features that make VA loans a tool for veterans, empowering them to secure homes with financial flexibility and favorable terms.

Filed Under: Home Mortgage Tagged With: Mortgage, VA Benefits, VA Loans

Cory Thompson January 5, 2024

Understanding, Avoiding, and Mitigating Early Mortgage Repayment Fees

Mortgage prepayment penalties are fees charged by lenders when borrowers pay off their mortgages before the agreed-upon term. These penalties are designed to compensate lenders for potential lost interest income and can significantly impact borrowers who want to pay off their mortgages early.

Filed Under: Mortgage Tagged With: Mortgage, Mortgage Fees, Penalties

Cory Thompson January 4, 2024

15-Year vs. 30-Year Loans Compared

Choosing the right mortgage term is a critical decision when purchasing a home. The two most common options are 15-year and 30-year mortgage terms. Let’s compare the advantages and disadvantages of each to help you make an informed decision:

Filed Under: Mortgage Tagged With: 15-Year, Loan Options, Mortgage

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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 Closing Old Credit Accounts Can Hurt Your Mortgage Approval
  • What to Know About Fractional Homeownership and Mortgages
  • Mortgages for Parents With Young Kids and What to Consider
  • Mortgage Impacts of Using Venmo, Cash App, or PayPal for Income

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17047 El Camino Real Ste 150
Houston, TX 77058

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