Services Overview

Let’s Work Together!

Join a proven lender in the fix and flip financing market and utilize new products to grow your business. Focus on originating, we’ll provide the funding. Become a Valued Correspondent Lending Partner with RCN Capital!

Why Partner With RCN Capital? 

At RCN Capital You Get:

  • Leverage to Scale Your Portfolio Nationwide:
    • Access to RCN’s Funding power allows you to find your ideal markets & originate loans with clients throughout the country.
    • RCN Capital offers financing options in 43 states (Not available in AK, SD, ND, VT, NV, MN, & OR)
  • Fully White-Labeled Loan Origination:
    • Utilize our proprietary software while displaying your company’s name and branding on all materials & loan documents from intake through closing.
  • Diverse Loan Programs for Your Clients:
    • Offer financing solutions for a variety of real estate investors.
  • Human Resources:
    • We provide a full team that your business can rely on throughout the loan origination process

RCN Capital Will Provide:

  • A dedicated loan officer for all of your deals
  • Due diligence double checks
  • Client financing & loan serving

RCN Capital Won’t:

  • Interact with or solicit your clients
  • Share client information
  • Interfere with your company’s brand

RCN Capital’s Loan Programs:

Short-Term Fix & Flip:

  • 12 Month Term
  • $100k to $2.5M
  • Up to 85% of the Purchase Price + 100% of Renovation Costs;
  • Not to Exceed 75% of the After-Repair Value
  • Available for Non-Owner Occupied 1-4 Family & Multi-Family Real Estate; Condos; Townhomes; 5+ Unit Apartments; Mixed-Use Properties

Short-Term Rental Financing:

  • 24 Month Term (12 Month Extension Available)
  • $100k to $2.5M
  • Purchase: Up to 75% of the As-Is Value; Refinance: Up to 7% of the As-Is Value; Cash-Out: Up to 65% of the As-Is Value
  • Available for Non-Owner Occupied 1-4 Family & Multi-Family Real Estate; Condos; Townhomes; 5+ Unit Apartments; Mixed-Use Properties

Contact Us Today to Learn How to Qualify as a Correspondent Partner!


 

Services

  • Capital Provider for Lenders

Real Estate Sectors

  • Private Mortgage Lending

Customer Types

  • Private Mortgage Lenders
  • Mortgage Lenders
  • Commercial Mortgage Brokers
  • Residential Mortgage Brokers

RCN Capital is a national, direct, private lender. We provide short-term & long-term commercial loans ranging from $50k to $2.5M for the purchase or refinance of non-owner occupied residential and commercial properties, financing of renovation projects and bridge funding. We lend to experienced real estate professionals, investors, and contractors throughout the country. Referrals valued; Brokers protected.

License

NMLS ID 1045656, CFL 60DBO-46258, Arizona BK-0932325, Oregon ML-5571

Established

2010

Associations

  • American Association of Private Lenders - Member

Office Locations

Headquarters
75 Gerber Road East, South Windsor, Connecticut, 06074

David Yong

Correspondent Lending Manager

David Young has built and developed RCN Capital’s Correspondent Lending Program for mortgage brokers nationwide. Prior to joining RCN Capital, David served in a variety of roles including Executive Management, Sales Management, Sales, Operations Management, and Business Development. David served in the Field Artillery branch of the U.S. Army for almost seven years and left with the rank of Captain. While in the Army, David filled numerous roles often leading groups of soldiers ranging in size from 6 to almost 300. Dave holds a B.S. in Economics from the United States Military Academy at West Point.