RCN Capital for New Jersey 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.
New Jersey context
New Jersey property tax highest in nation. DSCR economics tight.
How RCN Capital positions in New Jersey
The New Jersey lender pool for DSCR includes RCN Capital among the active platforms. New Jersey top metros (Newark, Jersey City, Atlantic City) see meaningful RCN Capital loan volume.
City-level coverage in New Jersey
RCN Capital provides DSCR coverage across New Jersey metros including Newark, Jersey City, and Atlantic City. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. RCN Capital program terms apply uniformly across New Jersey 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 |
| New Jersey property tax | 2.5% |
| New Jersey state income tax | 10.75% |
RCN Capital strengths in New Jersey
- high loan limits
- established track record
- multi-family capacity
Ideal borrower: Investor with larger deals and multi-property exposure
FAQ
Yes, operates nationally including New Jersey. RCN Capital is based in South Windsor, CT and operates nationally.
Newark is the top investor market in New Jersey and falls within RCN Capital national coverage. Newark property tax follows the New Jersey state rate of 2.5 percent. RCN Capital typically underwrites Newark acquisitions at standard rate sheets.
Yes. Jersey City ranks among the larger New Jersey investor metros and sees consistent DSCR loan volume from RCN Capital. Submarket variation within Jersey City matters for property selection.
RCN Capital applies the same rate sheet across New Jersey metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Newark, Jersey City, and Atlantic City 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.
New Jersey property tax highest in nation. DSCR economics tight. RCN Capital follows standard business-purpose loan structures.
RCN Capital funds fix-and-flip, BRRRR, rental, bridge, new-construction in New Jersey.
New Jersey allows standard DSCR prepay structures; RCN Capital typically uses 3-5 year step down.
RCN Capital typical close: 10-21 days typical.
Bottom line
New Jersey investors considering RCN Capital should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with RCN Capital.