RCN Capital for West Virginia 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.
West Virginia context
West Virginia deep cash flow market. Low entry prices.
How RCN Capital positions in West Virginia
The West Virginia lender pool for DSCR includes RCN Capital among the active platforms. West Virginia top metros (Charleston, Morgantown, Huntington) see meaningful RCN Capital loan volume.
City-level coverage in West Virginia
RCN Capital provides DSCR coverage across West Virginia metros including Charleston, Morgantown, and Huntington. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. RCN Capital program terms apply uniformly across West Virginia 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 |
| West Virginia property tax | 0.6% |
| West Virginia state income tax | 5.12% |
RCN Capital strengths in West Virginia
- high loan limits
- established track record
- multi-family capacity
Ideal borrower: Investor with larger deals and multi-property exposure
FAQ
Yes, operates nationally including West Virginia. RCN Capital is based in South Windsor, CT and operates nationally.
Charleston is the top investor market in West Virginia and falls within RCN Capital national coverage. Charleston property tax follows the West Virginia state rate of 0.6 percent. RCN Capital typically underwrites Charleston acquisitions at standard rate sheets.
Yes. Morgantown ranks among the larger West Virginia investor metros and sees consistent DSCR loan volume from RCN Capital. Submarket variation within Morgantown matters for property selection.
RCN Capital applies the same rate sheet across West Virginia metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Charleston, Morgantown, and Huntington 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.
West Virginia deep cash flow market. Low entry prices. RCN Capital follows standard business-purpose loan structures.
RCN Capital funds fix-and-flip, BRRRR, rental, bridge, new-construction in West Virginia.
West Virginia allows standard DSCR prepay structures; RCN Capital typically uses 3-5 year step down.
RCN Capital typical close: 10-21 days typical.
Bottom line
West Virginia 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.