Overview
RCN Capital is a national non-QM lender with capacity for larger transactions and strong experience on multi-unit and small commercial deals. Minimum DSCR is 1.00 at 680+ credit score or 1.15 at 660-679; excludes Alaska, North Dakota, South Dakota, Vermont, Nevada, and Utah. Closes in as few as 10 business days.
RCN Capital is based in South Windsor, CT and was founded in 2010. They operate nationally and offer fix-and-flip, BRRRR, rental, bridge, new-construction financing. Their loan amount range runs from $100K to $3.5M.
Key terms at a glance
| Loan type | Hard money / non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, bridge, new-construction |
| Geographic coverage | National |
| Loan size | $100K – $3.5M |
| Interest rate range | 9.5% – 12% |
| Origination points | 1 – 3 |
| Minimum credit score | 660 |
| Minimum DSCR | 1.00 |
| Entity vesting | LLC required |
| Max LTV | 80% of ARV |
| Max LTC | 90% of cost |
| Term lengths | 12-24 months (hard money) / 30-year (rental) |
| Typical close time | 10-21 days typical |
Strengths
- high loan limits
- established track record
- multi-family capacity
Ideal borrower
Investor with larger deals and multi-property exposure
How RCN Capital compares
As an institutional non-QM lender, RCN Capital's underwriting is templated and predictable. That is fast for a borrower who fits the box and inflexible for one who does not.
Coverage is the constraint most investors hit first. RCN Capital serves National, and lender licensing changes often enough that it is worth confirming your state before you get far into a file. Our state-by-state pages for RCN Capital cover the rules that differ by state — prepayment penalties, entity vesting and foreclosure mechanics.
Other lenders investors compare against
- The full lender directory — every lender we track, with terms side by side
- How DSCR qualification works — the ratio every one of these lenders underwrites to
- DSCR calculator — check coverage before you apply anywhere
RCN Capital FAQ
RCN Capital is based in South Windsor, CT and serves National. Coverage changes as licensing changes, so confirm your state directly with the lender before relying on it.
RCN Capital's indicative rate range is 9.5%–12% with 1–3 points. Pricing depends on credit, leverage, coverage ratio and experience, and moves with the market.
RCN Capital's typical minimum loan is $100K, with maximum loan size up to $3.5M.
RCN Capital's typical close timeline is 10-21 days typical. Fast-close depends on documentation quality, title clarity, and underwriting load.
RCN Capital offers fix-and-flip, BRRRR, rental, bridge, new-construction financing. They also do DSCR rental refinance, which makes them a one-stop shop for BRRRR strategies.
Investor with larger deals and multi-property exposure
This review is an independent directory listing. DSCR Loan Program is not affiliated with RCN Capital, receives no payment for placement, and does not rank lenders in exchange for compensation. Rates, terms, and eligibility are determined by the lender and subject to change. Always verify current pricing directly with the lender before relying on any specifics.