Rcn Capital
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- RCN Capital®, LLC is a national, direct private lender. We provide short-term commercial loans ranging from $50k to $2.5M+ to fund the purchase and rehab of non-owner occupied residential and commercial properties, provide bridge loans, and provide real estate-backed lines of credit. We lend to experienced real estate investors, commercial contractors and small business owners throughout the country. Referrals valued; Brokers protected.Loan Program Highlights:Rehab Cash Now Loan ProgramTerm: 12 MonthsLTV for Purchase: Up to 85%LTV for Refinance: Up to 65%Property Types: Residential 1-4 UnitsOccupancy: Non-Owner OccupiedNo Pre-Pay PenaltyNo Minimum FICO ScoreAfter Repair Value (ARV) Loan ProgramTerm: 12 MonthsLTV: Up to 75% of After Repair ValueLTC (Loan-to-Cost): Up to 85% of Purchase Price, Up to 100% of Rehab CostsFICO: 600 Minimum Credit ScoreProperty Types: Residential 1-4 UnitsOccupancy: Non-Owner OccupiedNo Pre-Pay PenaltyMust Have ExperienceResidential Fix & Lease Loan ProgramTerm: 18 Months with 6-Month Extension OptionLTV for Purchase: Up to 85%LTV for Refinance: Up to 50%Property Types: Residential 1-4 UnitsOccupancy: Non-Owner OccupiedPre-Pay Penalty: 2% Prior to Month 9Extension Fee: 2% for 6 MonthsNo Minimum FICO ScoreAs a direct, private lender, RCN Capital takes a common sense approach to underwriting, with all approvals made in-house. RCN Capital is dedicated to providing a quick response to time-sensitive loans. We offer speed unmatched by conventional lenders and can close in as few as 10 business days. At RCN Capital, we value referrals and our brokers are protected. We are committed to the highest level of customer service, because our success lies in building relationships.
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Headquarters:75 Gerber Rd E , South Windsor, Connecticut, United States
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Phone Number: +1 860-533-4049
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Website: https://www.rcncapital.com
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Employees:75
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Revenue:$10 - 50M
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Legal Name:Rcn Capital
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| NAICS Code: 531110 |
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Frequently Asked Questions regarding Rcn Capital
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Where are Rcn Capital's Headquarters?
Rcn Capital's Headquarters are in 75 Gerber Rd E ,South Windsor,Connecticut,United States
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What is Rcn Capital's phone number?
Rcn Capital's phone number is +1 860-533-4049
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What is Rcn Capital's official website?
Rcn Capital's official website is https://www.rcncapital.com
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What is Rcn Capital's Revenue?
Rcn Capital's revenue is $10 - 50M
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What is Rcn Capital's NAICS code?
Rcn Capital's NAICS code is 531110
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How many employees are working in Rcn Capital
Rcn Capital has 75 employees
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What is Rcn Capital's Industry?
Rcn Capital is in the industry of Financial Services
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Who is Rcn Capital's CEO?
Rcn Capital's CEO is Jeffrey Tesch