RCN Capital Review
Founded 2010 · South Windsor, CT · Nationwide
4.1
Editor Rating
RCN Capital is a national lender specializing in fix-and-flip, bridge, and long-term rental (DSCR) loans for real estate investors. Known for competitive rates on DSCR products and a straightforward closing process.
Editor's Take
RCN Capital stands out for accessibility — their 620 minimum credit score for DSCR loans is among the lowest in the industry, making them a strong option for investors with less-than-perfect credit. They also offer foreign national programs. If you're turned down by lenders with 680+ credit requirements, RCN should be your next call.
— Bill Rice, 30+ year mortgage lending veteran
RCN Capital Review: The Full Breakdown
RCN Capital started, fittingly, as "Rehab Cash Now." It was founded in 2010 in South Windsor, Connecticut by Don Vaccaro — better known as the founder of TicketNetwork — who saw an opening in private lending after the 2008 crisis, when traditional banks pulled back hard from real estate. Jeff Tesch, who joined at the founding as managing director, has run the company as CEO since 2019; Vaccaro remains on the board.
Fifteen years in, RCN has become one of the more established names in business-purpose lending, reporting more than $8 billion funded across tens of thousands of loans. It lends both directly and through brokers and correspondents, which is part of how it has built that volume.
For an investor, RCN's strength is range and tenure: DSCR rental loans, fix-and-flip, and bridge financing from a lender that has been doing this through multiple market cycles. That track record is reassuring, and the multi-channel model means a broker can often place your deal there. As always, confirm the current rate sheet and fees for your loan type — a lender this size prices to the scenario.
Pros & Cons
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
Loan Products Offered
Eligible Property Types
Best For
Compare RCN Capital
RCN Capital Review: Frequently Asked Questions
Is RCN Capital a legitimate lender?
RCN Capital is an established lender founded in 2010 and headquartered in South Windsor, CT. It lends nationwide and specializes in DSCR loans, fix-and-flip loans and bridge loans. To verify it for yourself, confirm RCN Capital's current NMLS registration and state licensing, check its Better Business Bureau (BBB) profile and reviews, and compare written quotes before you apply.
What are the pros and cons of RCN Capital?
Pros: Low minimum credit score (620 for DSCR); Competitive DSCR rates; Foreign national programs available. Cons: Higher origination fees than some competitors; Longer prepayment penalties on some DSCR products; Less technology-driven than Kiavi.
What credit score do you need for RCN Capital?
RCN Capital's published minimum credit score is 620. A higher score generally unlocks better rates and higher leverage. Requirements vary by loan program and are subject to change.
What rates and fees does RCN Capital charge?
RCN Capital's rates run approximately 6.5%–12% with origination fees of 1.5–3 points, on loans from $75K to $2.5M (up to 80% LTV). All figures are approximate and subject to change — request a written quote for your scenario.
Can you close with RCN Capital in an LLC?
Yes. RCN Capital allows investors to take title in an LLC, which many use for liability protection and cleaner portfolio organization.
How fast can RCN Capital close a loan?
RCN Capital typically closes in 14–21 days, depending on the loan program, the property, and how quickly you provide documentation.
Disclaimer: Rates, terms, and requirements shown are approximate and based on publicly available information as of March 2026. Actual terms may vary based on your credit profile, property details, and market conditions. Always verify current terms directly with the lender before making financing decisions. ProInvestorHub provides editorial reviews for educational purposes and does not guarantee loan approval or specific terms.