RCN Capital for Mississippi investors
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.
Mississippi context
Mississippi deep cash flow market. Gulf Coast STR active.
How RCN Capital positions in Mississippi
Within Mississippi, RCN Capital competes alongside other DSCR lenders. RCN Capital strengths: high loan limits, established track record. The high aggregate DSCR economics of Mississippi create demand for RCN Capital programs in Jackson and Gulfport particularly.
City-level coverage in Mississippi
RCN Capital provides DSCR coverage across Mississippi metros including Jackson, Gulfport, and Hattiesburg. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. RCN Capital program terms apply uniformly across Mississippi metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, bridge, new-construction |
| Loan size | $100K - $3.5M |
| Rates | 9.5%-12% |
| Points | 1 - 3 |
| Max LTV | 80% of ARV |
| Term lengths | 12-24 months (hard money) / 30-year (rental) |
| Typical close time | 10-21 days typical |
| Mississippi property tax | 0.8% |
| Mississippi state income tax | 4.7% |
RCN Capital strengths in Mississippi
- high loan limits
- established track record
- multi-family capacity
Ideal borrower: Investor with larger deals and multi-property exposure
FAQ
Yes, operates nationally including Mississippi. RCN Capital is based in South Windsor, CT and operates nationally.
Jackson is the top investor market in Mississippi and falls within RCN Capital national coverage. Jackson property tax follows the Mississippi state rate of 0.8 percent. RCN Capital typically underwrites Jackson acquisitions at standard rate sheets.
Yes. Gulfport ranks among the larger Mississippi investor metros and sees consistent DSCR loan volume from RCN Capital. Submarket variation within Gulfport matters for property selection.
RCN Capital applies the same rate sheet across Mississippi metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Jackson, Gulfport, and Hattiesburg all qualify for the same RCN Capital program.
RCN Capital indicative DSCR rate range is 9.5 to 12 percent with 1 to 3 points.
Mississippi deep cash flow market. Gulf Coast STR active. RCN Capital follows standard business-purpose loan structures.
RCN Capital funds fix-and-flip, BRRRR, rental, bridge, new-construction in Mississippi.
Mississippi allows standard DSCR prepay structures; RCN Capital typically uses 3-5 year step down.
RCN Capital typical close: 10-21 days typical.
Bottom line
RCN Capital in Mississippi works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with RCN Capital.