We offer 5% Down Construction to Perm/Draw loans, 5% Down Purchase Conventional Rehab loans, Cash Out Refi Construction to Perm loans- all with or with out PMI. The credit score requirements are typically well above where you are at. However, we do a ton of portfolio loans. Typically you would need to put down a lot- 20% or more to be considered. The worse the credit the more down. We do 10% Down Lot loans as well w/score of 720+. We can do 20% Down on a lot w/a 680.
income stock. A security issued by a company that uses its earnings to pay dividends to its shareholders rather than to fund expansion or product development. Income stocks are typically mature companies with a history of steady earnings.
DEFINITION of 'Income Bond'. A type of debt security in which only the face value of the bond is promised to be paid to the investor, with any coupon payments being paid only if the issuing company has enough earnings to pay for the coupon payment.Next Up. type of debt security in which only the face value of the bond is promised to be paid to the investor, with any coupon payments being paid only if the issuing company has enough earnings to pay for the coupon payment. Next Up.