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.
Preferred Stock. Preferred stock is an equity security with a fixed income component. Like a common stockholder, the preferred stockholder is an owner of the company. However, the preferred stockholder is investing in the stock for the fixed income that the preferred shares generate through their semi-annual dividends.