Founded in 2010 in South Windsor, Connecticut, RCN Capital is one of the longest-operating national direct private lenders in the United States. Lending in 44 states (all but Alaska, Nevada, Utah, North Dakota, South Dakota, and Vermont), RCN provides short-term fix-and-flip bridge loans, ground-up construction loans, and 30-year DSCR rental loans for 1 to 4 unit residential properties and 5+ unit multifamily and mixed-use buildings up to $3 million.
RCN Capital 2026 Underwriting Snapshot:
Interest Rates: 9.49% to 11.75% (Interest-Only) | Origination Points: 1.5% to 2.5%
Max Leverage: Up to 100% of Purchase + 100% of Rehab / Up to 75% ARV (top tier) | Minimum FICO: 650
Loan Amounts: $75,000 to $2,000,000 (1 to 4 Units); $250,000 to $3,000,000 (5+ Units and Mixed-Use) | Close Speed: 10 to 14 business days
Compare RCN Capital Bridge Terms →
Interest Rates: 9.49% to 11.75% (Interest-Only) | Origination Points: 1.5% to 2.5%
Max Leverage: Up to 100% of Purchase + 100% of Rehab / Up to 75% ARV (top tier) | Minimum FICO: 650
Loan Amounts: $75,000 to $2,000,000 (1 to 4 Units); $250,000 to $3,000,000 (5+ Units and Mixed-Use) | Close Speed: 10 to 14 business days
Compare RCN Capital Bridge Terms →
Where RCN Capital Excels
- Wholesale Assignment Fee Financing: Investors buying off-market deals from wholesalers frequently discover that banks refuse to include the wholesaler's assignment fee in the Purchase LTC calculation. RCN Capital has clear policies allowing reasonable wholesale assignment fees into total acquisition cost provided the final loan stays within RCN's ARV cap for the borrower's tier (up to 75% of ARV).
- Volume Flipper Pricing: Borrowers with 5+ verified flips in the prior 36 months receive discounted origination points and higher initial purchase LTVs (up to 95% of purchase price + 100% of rehab on light rehab projects, and up to 100% of purchase price for 10+ flips with a 720+ FICO).
- No Prepayment Penalty on 12-Month Bridge Notes: Standard 12-month residential fix-and-flip bridge loans carry zero prepayment penalties, allowing clean exits upon resale or DSCR refinance.