ROC Capital for Iowa investors
ROC Capital is a Wall Street-backed national non-QM lender with broad product coverage.
Iowa context
Iowa stable Midwest DSCR market.
How ROC Capital positions in Iowa
Within Iowa, ROC Capital competes alongside other DSCR lenders. ROC Capital strengths: Wall Street-backed, broad product suite. The medium aggregate DSCR economics of Iowa create demand for ROC Capital programs in Des Moines and Cedar Rapids particularly.
City-level coverage in Iowa
ROC Capital provides DSCR coverage across Iowa metros including Des Moines, Cedar Rapids, and Davenport. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. ROC Capital program terms apply uniformly across Iowa 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 | $75K - $5.0M |
| 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 |
| Iowa property tax | 1.5% |
| Iowa state income tax | 3.8% |
ROC Capital strengths in Iowa
- Wall Street-backed
- broad product suite
- experienced team
Ideal borrower: Mid-to-experienced investor
FAQ
Yes, operates nationally including Iowa. ROC Capital is based in New York, NY and operates nationally.
Des Moines is the top investor market in Iowa and falls within ROC Capital national coverage. Des Moines property tax follows the Iowa state rate of 1.5 percent. ROC Capital typically underwrites Des Moines acquisitions at standard rate sheets.
Yes. Cedar Rapids ranks among the larger Iowa investor metros and sees consistent DSCR loan volume from ROC Capital. Submarket variation within Cedar Rapids matters for property selection.
ROC Capital applies the same rate sheet across Iowa metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Des Moines, Cedar Rapids, and Davenport all qualify for the same ROC Capital program.
ROC Capital indicative DSCR rate range is 9.5 to 12 percent with 1 to 3 points.
Iowa stable Midwest DSCR market. ROC Capital follows standard business-purpose loan structures.
ROC Capital funds fix-and-flip, BRRRR, rental, bridge, new-construction in Iowa.
Iowa allows standard DSCR prepay structures; ROC Capital typically uses 3-5 year step down.
ROC Capital typical close: 10-21 days typical.
Bottom line
For Iowa DSCR borrowers, ROC Capital is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with ROC Capital.