RCN Capital is a national, direct, private lender. Established in 2010, we provide commercial loans for the purchase or refin ... ance of non-owner occupied residential and commercial properties. We specialize in short-term fix & flip financing as well as long-term rental financing for real estate investors. We lend to experienced real estate professionals, investors, and contractors throughout the country. We value referrals; brokers are protected. Loan Program Highlights: After Repair Value (ARV) Loan Program Term: 12 Months LTV: Up to 75% of After Repair Value LTC (Loan-to-Cost): Up to 90% of Purchase Price, Up to 100% of Rehab Costs FICO: 650 Minimum Credit Score Property Types: Residential 1-4 Units; Multi-Family Real Estate; Condos; Townhomes; 5+ Unit Apartments Occupancy: Non-Owner Occupied No Pre-Pay Penalty Long-Term Rental Loan Program Term: 30 Years LTV: Up to 80% of the As Is Value LTC (Loan-to-Cost): Up to 80% of Purchase Price FICO: 650 Minimum Credit Score Property Types: Residential 1-4 Units; Condos; Townhomes; Planned Unit Developments (PUD) Occupancy: Non-Owner Occupied Adjustable Pre-Pay Penalty As 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. RCN Capital, LLC is licensed as a California Finance Lender under Department of Business Oversight license number 60DBO-46258. Oregon Mortgage Lending License: ML-5571. NMLS Company ID: 1045656. Arizona Mortgage Banker License BK-0932325. read more