Fix & Flip After-Repair Value Loan Get Funded
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RCN Capital’s ARV loan program offers financing for up to 85% of the purchase price + 100% of the renovation costs, not to exceed 75% of the after-repair value. 

Loan Category : Real Estate Lenders
Company : RCN Capital
Phone Number : 8604325858
Address (Street, City, State, Zip) : 75 Gerber Road East
License# : 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
Loan Purpose : Purchase, Rate & Term Refinance, Cash-out Refinance, Bridge, Fix/ Flip
Property Types : Medical (Hospital, Rehabilitation Centers, Assisted Living), Municipal, Public Works Financing, Religious Uses
Min. $ Amount : $50,000
Max. $ Amount : $3,000,000
Max. LTV : 85%
Occupancy : Investment Property
Starting Interest Rate : 8.000%
Maximum Interest Rate : 14.000%
Rate Type : Interest Only (Fixed Rate)
Borrower/ Entity Type : Limited Liability Company, Corporation, Foreign National
Term : Less than 6-months, 6-months, 1-year
Minimum FICO : 600
Documentation : Alternative Documentation
Minimum Origination Fee : 1.00
Prepayment Pentalty : No
Environmental Report Required : No
Appraisal Required : Yes
Default Remedy : Recourse
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