Preheat your oven to 350°F (175°C).
In a large mixing bowl, combine the thawed corn, cream cheese, sour cream, mayonnaise, and half of the cheddar cheese. Mix until well combined.
Add the crumbled queso fresco, cilantro, lime juice, chili powder, garlic powder, onion powder, salt, and pepper. Stir until all ingredients are evenly mixed.
Transfer the mixture to a baking dish and spread it out evenly. Top with the remaining cheddar cheese.
Bake in the preheated oven for 20-25 minutes, or until the dip is hot and bubbly and the cheese is melted.
Remove from the oven and let it cool slightly before serving.