New Silver vs RCN Capital
New Silver is faster (5-day closings, instant term sheets) but starts at a higher rate (7.5% vs 6.5%) and a 650 credit floor. RCN Capital accepts 620 credit, adds foreign national programs, and starts lower, but closes slower and caps loans at $2.5M (vs New Silver's $5M). Choose New Silver for speed and larger loans; RCN for lower credit, foreign-national, or rate-sensitive deals.
Shared products: Fix & Flip, Bridge, DSCR · Updated March 2026
4.0
New Silver
Wins 1 categories
4.1
RCN Capital
Wins 4 categories
Full Comparison
| Feature | New Silver | RCN Capital |
|---|---|---|
| Interest Rates | 7.5%–13% | 6.5%–12%Better |
| Max LTV | 80% | 80% |
| Min Credit Score | 650 | 620Better |
| Loan Range | $100K–$5M | $75K–$2.5M |
| Origination Fee | 1.5–2.5 points | 1.5–3 points |
| Speed to Close | 5–10 days | 14–21 days |
| Experience Required | No experience required | No experience required |
| LLC Borrowing | Yes | Yes |
| Interest-Only | Available | Available |
| Prepayment Penalty | None (flip) / 3-year (DSCR) | 3-2-1 or 5-4-3-2-1 (DSCR) |
| Foreign National | No | YesBetter |
| Coverage | Nationwide | Nationwide |
| Property Types | SFR (1-4), Condo, Townhouse, Multifamily (5+) | SFR (1-4), Condo, Townhouse, Multifamily (5+) |
| Loan Products | 4 productsBetter | 3 products |
| Founded | 2018 | 2010 |
| Editor Rating | 4.0 / 5.0 | 4.1 / 5.0Better |
Pros & Cons
New Silver
Pros
- +Instant term sheets — know your terms immediately
- +Fastest closings in the industry (5 days possible)
- +Same-day pre-approval
- +Modern tech platform with easy draw requests
- +Competitive rates for hard money
Cons
- –Higher minimum loan ($100K)
- –Newer company — less track record than established players
- –Limited to 1-4 unit residential for some products
RCN Capital
Pros
- +Low minimum credit score (620 for DSCR)
- +Competitive DSCR rates
- +Foreign national programs available
- +Works with first-time investors
- +Small multifamily eligible
Cons
- –Higher origination fees than some competitors
- –Longer prepayment penalties on some DSCR products
- –Less technology-driven than Kiavi
Frequently Asked Questions
Is New Silver or RCN Capital better for real estate investors?
New Silver is faster (5-day closings, instant term sheets) but starts at a higher rate (7.5% vs 6.5%) and a 650 credit floor. RCN Capital accepts 620 credit, adds foreign national programs, and starts lower, but closes slower and caps loans at $2.5M (vs New Silver's $5M). Choose New Silver for speed and larger loans; RCN for lower credit, foreign-national, or rate-sensitive deals.
What loan types do New Silver and RCN Capital both offer?
Both lenders offer Fix & Flip, Bridge, DSCR. New Silver offers 4 total products vs RCN Capital's 3.
Which has lower rates, New Silver or RCN Capital?
New Silver advertises rates starting at 7.5% while RCN Capital starts at 6.5%. RCN Capital has the lower starting rate, but actual rates depend on your credit score, LTV, property type, and loan product. Always get quotes from both lenders.
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