Overview
RCN Capital (based in South Windsor, CT, hard money) and Renovo Financial (based in Chicago, IL, hard money) are both non-QM lenders serving real estate investors. RCN Capital serves National; Renovo Financial serves Chicago / national.
RCN Capital's figures were checked against its published materials as of 2026-09-17; the other lender's figures below are not independently dated and should be confirmed directly. Rates and terms change and are not a quote for either lender.
RCN Capital vs Renovo Financial: attribute by attribute
| Attribute | RCN Capital | Renovo Financial |
|---|---|---|
| Interest rate range | 9.5%–12% | 9.5%–12.5% |
| Origination points | 1–3 points | 1–3 points |
| Minimum credit score | 660 | Not publicly published |
| Minimum DSCR | 1.00 | Not publicly published |
| Max LTV | 80% | 85% |
| Max LTC | 90% | 90% |
| Minimum loan size | $100K | $100K |
| Maximum loan size | $3.5M | $5.0M |
| States covered | 44 states | Not publicly published |
| Entity vesting | LLC required | Not publicly published |
| Typical close time | 10-21 days typical | 7-14 days typical |
| Founded | 2010 | 2011 |
| Headquarters | South Windsor, CT | Chicago, IL |
Which one fits which borrower
- RCN Capital publishes a minimum DSCR of 1.00; Renovo Financial does not publish a minimum DSCR figure, so its coverage floor cannot be compared directly.
- RCN Capital publishes a minimum credit score of 660; Renovo Financial does not publish one.
- Renovo Financial's max LTV is 85% against RCN Capital's 80% — on the same purchase price, Renovo Financial's published leverage lets a borrower put down less cash.
- Renovo Financial's maximum loan size is $5.0M, above RCN Capital's $3.5M ceiling — a larger transaction may need to go to Renovo Financial.
- RCN Capital publishes coverage in 44 states; Renovo Financial does not publish a state count. That does not mean Renovo Financial covers fewer states, only that the figure is not published.
- RCN Capital requires LLC vesting; Renovo Financial does not publish a position on LLC vesting. That is a real structural difference for a borrower deciding how to hold title.
- RCN Capital was founded in 2010, 1 year before Renovo Financial (founded 2011) — longer time in the market, not a claim about which underwrites better today.
Full profiles
- RCN Capital full profile and review
- Renovo Financial full profile and review
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RCN Capital vs Renovo Financial FAQ
RCN Capital's published rate range is 9.5%–12%. Renovo Financial's published rate range is 9.5%–12.5%. Both ranges depend on credit, leverage, DSCR coverage and borrower experience, so where a specific deal prices inside either range varies.
RCN Capital publishes a minimum credit score of 660. Renovo Financial does not publish a minimum credit score.
RCN Capital's minimum DSCR is 1.00. Renovo Financial does not publish a minimum DSCR.
RCN Capital's loan size runs $100K to $3.5M. Renovo Financial's loan size runs $100K to $5.0M.
RCN Capital's typical close time is 10-21 days typical. Renovo Financial's typical close time is 7-14 days typical. Actual timelines depend on documentation, title work and underwriting load regardless of lender.
RCN Capital requires LLC vesting. Renovo Financial does not publish a position on LLC vesting.
This comparison is an independent directory listing. DSCR Loan Program is not affiliated with RCN Capital or Renovo Financial, receives no payment for placement, and does not rank lenders in exchange for compensation. Rates, terms, and eligibility are determined by each lender and subject to change. Always verify current pricing directly with the lender before relying on any specifics.