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. A taxable payment declared by a company's board of directors and given to its shareholders out of the company's current or retained earnings, usually quarterly. Dividends are usually given as cash (cash dividend), but they can also take the form of stock (stock dividend) or other property. Dividends provide an incentive to own stock in stable companies even if they are not experiencing much growth.