RCN Capital is a leading nationwide private lender specializing in fast, reliable fix-and-flip bridge loans, ground-up construction financing, and DSCR rental loans for real estate investors across 44 states.
RCN Capital Correspondent Lending Program describing itself
There are no prepayments on our fix and flip programs. Our programs longer than 18 months do have prepayment penalties. For our 18 month bridge, there is a prepayment penalty before month 9. For our 30 year Long Term Rental Program, there are different prepayment penalty options.
Payment structure
Interest Only
Recourse
Always
Closing speed
25 days typical · 10 days fastest
Prepayment structure
None
Cross-collateral
No
Equity / JV capital
No
Income documentation
No W-2s or Tax Returns Required. Asset-based underwriting on all programs. DSCR rental loans qualify based on the property's cash flow ratio, not personal income or DTI.
Borrower entity
Individuals, LLCs, Trusts, and Corporations accepted. Foreign nationals considered at reduced LTV. Personal guaranty always required.
Experience required
All Tiers Accepted. First-time and experienced investors both welcome. Experienced borrowers (3+ completed projects) may unlock improved leverage tiers and reduced rates.
This record was compiled from the public pages below. Figures reflect what each source published when it was retrieved and are not a quote — confirm current terms with the lender.
