RCN Capital for Oklahoma 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.
Oklahoma context
Oklahoma low property tax. Strong DSCR cash flow. Tornado risk.
How RCN Capital positions in Oklahoma
For Oklahoma specifically, RCN Capital fits investors who match the hard money approach. The high cash flow profile of Oklahoma aggregate makes it a target market for RCN Capital.
City-level coverage in Oklahoma
RCN Capital provides DSCR coverage across Oklahoma metros including Oklahoma City, Tulsa, and Norman. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. RCN Capital program terms apply uniformly across Oklahoma 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 |
| Oklahoma property tax | 0.9% |
| Oklahoma state income tax | 4.75% |
RCN Capital strengths in Oklahoma
- high loan limits
- established track record
- multi-family capacity
Ideal borrower: Investor with larger deals and multi-property exposure
FAQ
Yes, operates nationally including Oklahoma. RCN Capital is based in South Windsor, CT and operates nationally.
Oklahoma City is the top investor market in Oklahoma and falls within RCN Capital national coverage. Oklahoma City property tax follows the Oklahoma state rate of 0.9 percent. RCN Capital typically underwrites Oklahoma City acquisitions at standard rate sheets.
Yes. Tulsa ranks among the larger Oklahoma investor metros and sees consistent DSCR loan volume from RCN Capital. Submarket variation within Tulsa matters for property selection.
RCN Capital applies the same rate sheet across Oklahoma metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Oklahoma City, Tulsa, and Norman 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.
Oklahoma low property tax. Strong DSCR cash flow. Tornado risk. RCN Capital follows standard business-purpose loan structures.
RCN Capital funds fix-and-flip, BRRRR, rental, bridge, new-construction in Oklahoma.
Oklahoma 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 Oklahoma 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.