30 Year Rental Loan Get Funded
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RCN Capital’s Long Term Rental loan program offers long term financing options for investors. The program is a 30 year fully amortized loan, with fixed interest. 
With this program, we can provide financing for up to 80% of the purchase price. Up to 75% of current value for rate term refinances, and up to 70% of current value for cash out refinances. 

Loan Category : Real Estate Lenders
Company : RCN Capital
Phone Number : (860) 432-5858
Email Address : leads@rcncapital.com
Address (Street, City, State, Zip) : 75 Gerber Road East, South Windsor, CT 06074
License# : RCN Capital, LLC is licensed as a California Finance Lender under Department of Business Oversight license number 60DBO-46258. Arizona Mortgage Banker License BK-0932325. Oregon Mortgage Lending License: ML-5571. NMLS Company ID: 1045656.
Broker Co-Op : Yes
Lender/Loan Type : Bank, Direct Lender, Broker
Loan Purpose : Purchase, Rate & Term Refinance, Cash-out Refinance
Property Types : Religious Uses
Min. $ Amount : $75,000
Max. $ Amount : $1,000,000
Max. LTV : 80%
Occupancy : Investment Property
Debt Service Coverage Ratio : 1
Starting Interest Rate : 6.000%
Maximum Interest Rate : 8.000%
Rate Type : 30 Year Fixed
Borrower/ Entity Type : Limited Liability Company, Corporation
Term : 30-years
Minimum FICO : 660
Credit History : Bankruptcy, Foreclosure, Late Mortgage, Collections/ Charge Off, Judgments/ Liens
Documentation : 24 Months' Bank Statements
Minimum Origination Fee : 0.25
Maximum Origination Fee : 5.00
Prepayment Pentalty : Yes
Environmental Report Required : Yes
Appraisal Required : Yes
Default Remedy : Recourse
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