RCN Capital®, LLC is a national, direct private lender. We provide short-term commercial loans ranging from $50k to $2.5M+ to fund the purchase and rehab of non-owner occupied residential and commercial properties, provide bridge loans, and provide real estate-backed lines of credit. We lend to experienced real estate investors, commercial contractors and small business owners throughout the country. Referrals valued; Brokers protected.
Loan Program Highlights:
After Repair Value (ARV) Loan Program
Term: 12 Months
LTV: Up to 75% of After Repair Value
LTC (Loan-to-Cost): Up to 85% of Purchase Price, Up to 100% of Rehab Costs
FICO: 600 Minimum Credit Score
Property Types: Residential 1-4 Units; Multi-Family Real Estate; Condos; Townhomes; 5+ Unit Apartments
Occupancy: Non-Owner Occupied
No Pre-Pay Penalty
Long-Term Rental Loan Program
Term: 30 Years
LTV: Up to 80% of the As Is Value
LTC (Loan-to-Cost): Up to 80% of Purchase Price
FICO: 660 Minimum Credit Score
Property Types: Residential 1-4 Units; Condos; Townhomes; Planned Unit Developments (PUD)
Occupancy: Non-Owner Occupied
Adjustable Pre-Pay Penalty
As a direct, private lender, RCN Capital takes a common sense approach to underwriting, with all approvals made in-house. RCN Capital is dedicated to providing a quick response to time-sensitive loans. We offer speed unmatched by conventional lenders and can close in as few as 10 business days. At RCN Capital, we value referrals and our brokers are protected. We are committed to the highest level of customer service, because our success lies in building relationships.
RCN Capital, LLC is licensed as a California Finance Lender under Department of Business Oversight license number 60DBO-46258.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154