RCN Capital offers hard money loans for fix and flip investors nationwide except for South Dakota and Minnesota. They have been in business since 2010. They work with investors of all experience levels. Rates vary depending on borrowers and they’ll lend up to 75% ARV. They have an A+ BBB Rating, and are rated 3.7 stars based on 6 Google Reviews, and 8.9 stars based on 98 Trustpilot Reviews.
Lender Information
| Business Name: | RCN Capital |
| Business Website: | rcncapital.com |
| Business Address: | 75 Gerber Rd East Suite 102 South Windsor, CT 06074 |
| Business Phone: | 860.432.5858 |
| Business Email: | Info@RCNCapital.com |
| Business Established: | 2010 |
| Google+: | plus.google.com/+RehabCashNow |
| LinkedIn: | linkedin.com/company/rcncapital |
| Facebook: | facebook.com/rcncapital |
| Twitter: | twitter.com/rcncapital |
RCN Capital: Rates & Terms
| Types of Properties | Non-owner occupied 1-4 residential |
| Loan Amount | $50,000 to $2.5 million |
| LTV | Up to 75% of ARV |
| ARV | Up to 75% |
| Interest Rates | Varies per borrower |
| Lender Fees | 2% to 5% prepayment penalty Points vary depending on property |
| Loan Terms | 12 to 18 months |
| Minimum Qualifications / Documentation | Credit Score: 600 or more |
| Time to Funding | 1 to 2 weeks |
| Other Financing Available | Residential Fix and Flip Residential Fix and Lease Commercial Loans |
*Exceptions may be granted. Lender information is updated often, however exact lender terms may have changed.
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States Currently Lending In
Nationwide except South Dakota and Minnesota
