LOAN PROGRAMS

RCN Capital offers short-term and long-term financing options for real estate investors. Whether you or your clients are looking to fix & flip properties or hold properties for rental income, RCN has flexible options that suit your needs.

Final loan terms may vary based on loan types, verification of application information, and other risk-based factors.

PARTNERS

RCN Capital values building strong partnerships with industry professionals because partnerships drive our success. Learn more about RCN Capital’s Wholesale Lending opportunities, including the Broker Referral Program and the Correspondent Lending Program.

ABOUT

RCN Capital is a nationwide private, direct lender. Established in 2010, we provide retail and wholesale lending options for short-term fix and flip financing, long-term DSCR financing, and ground-up construction financing for real estate investors.

Resources

RCN Capital provides a variety of resources that can help you on your lending journey. Find business partners that can help solve any investing problem, learn more about our processes and get answers to the most frequently asked questions.

How to Network with Private Lenders & Maintain Strong Partnerships


How to Network with Private Lenders & Maintain Strong Partnerships
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In today’s market, speed and certainty win deals. Mortgage applications are down 6.2% year-over-year, and despite 30-year fixed rates siting at 6.5%, private lending has surged past $2 trillion. The brokers consistently winning are those who have reliable lender relationships and can deliver when performance matters.

In truth, the problem is that too many deals get stuck in underwriting limbo. Perhaps you've had a lender ghost you after asking for "just one more document," or you’ve seen an approval arrive a week too late to matter. We've heard similar stories from lending partners, and we've designed RCN Capital's partnership program to be broker-friendly, quick, responsive, and dedicated to protecting your pipeline, client relationships, and commissions.

The proof is in the numbers: top-producing brokers with solid private lender relationships close 34% more deals per year and have approval rates 28% higher than the competition. This guide will walk you step by step through creating and maintaining those lucrative relationships—so you can spend less time asking for updates and more time celebrating closings.

1. Start with credibility: the one-page sponsor profile

Lenders screen deals fast. If you want to build a successful business relationship, give them all the info they need for a deal at a glance.

Include on the one-page sponsor profile:

  • Sponsor experience: three recent project headlines and outcomes.
  • Typical budget ranges and roles (GC, investor, asset manager).
  • Proof of liquidity: most recent bank statement snapshot or line-of-credit confirmation.
  • Typical exit strategies and average hold times.

This documentation decreases upfront friction and places you as a committed and structured originator. Lenders like documents that evidence strong execution capacity.

2. Make every submission perfect: standardized, branded packages

The most frequent complaint of underwriters is chasing documents. Utilize a checklist to send a fully complete application the first time around.

Most submissions will require each of these:

  • Executed purchase agreement or proof of site control.
  • Itemized rehab or construction budget with contractor bids.
  • Comps supporting ARV or a feasibility memo for new construction.
  • Contractor license, GC contract, and insurance certificates when required.
  • Capital stack: bank statements for equity, signed equity commitment letters, or escrow receipts.
  • One-page exit plan and sponsor profile.

RCN Capital's white-labeled Loan Management System makes it easy. Presenting a clean, branded package reduces conditional requests and accelerates pre-approval.

3. Protect your economics: document fees early

Too many brokers lose fees to late-stage disputes. Avoid verbal agreements and get everything down in writing.

Do this:

  • Put broker compensation on the term sheet and the commitment letter.
  • Confirm the HUD settlement language before closing.
  • Use written referral agreements for nonstandard or performance-based structures.
  • Keep an email record confirming the fee language and timing.

RCN Capital mandates broker fee disclosure on commitment documents and the HUD settlement statement, eliminating most late-minute fee battles.

4. Communicate on a predictable cadence

Good communication prevents angst and preserves client relationships.

Suggested protocol:

  • Pre-triage call: 10–15 minutes to confirm sponsor, equity, timeline, and exit.
  • Weekly status update for underwriting: brief bullets for appraisal, inspections, and conditions.
  • Immediate notice of any material change in budget or timeline.

Frequent, concise updates reduce surprises and build lender trust.

5. Master the technical side: use lender tools and training

Brokers who use lender platforms and training close deals sooner and generate repeat business.

Actions:

  • Complete RCN Capital’s Amplify training modules to align yourself with loan application standards.
  • Adopt the lender’s portal for submissions and document tracking.
  • Use white-labeled marketing materials to present funding options under your brand.

Familiarity with lender systems leads to fewer mistakes and shorter loan cycles.

6. Learn to match product to project

An appropriate loan product helps resolve many project-specific issues. Meanwhile, an improper product generates extensions and loan disagreements.

Guidelines:

  • Fix-and-flip: short terms, ARV-based sizing, frequent draws.
  • New construction: staged draws, GC oversight, conversion, or permanent exit options.
  • Long-term rental: longer amortizations, DSCR underwriting, portfolio options.

Explain the fit in a brief cover letter. This demonstrates that you have considered the risk and exit strategy when vetting the deal.

7. Validate capital stacks before underwriting

Counting on verbal equity promises is risky. Lenders want documented funds.

What is required:

  • Bank statements or escrow receipts for equity.
  • Signed equity commitment letters with terms and timing.
  • Clear subordinate loan documentation or payoff letters.

A validated capital stack avoids last-minute deficits and protects your commission.

8. Be realistic about budgets and timelines

Optimistic budgets and compressed timelines are deal killers.

Best practices:

  • Require contractor line-item bids, not ballpark estimates.
  • Include a 5%–10% contingency for rehab or construction budgets.
  • Build buffer days into permitting and inspection schedules.

Model worst-case carry situations to help sponsors understand cost sensitivity and keep your lenders underwriting team happy.

9. Keep compliance and licensing front and center

Different states have different rules. Missing a licensing requirement can stall closings.

Checklist:

  • Confirm licensing requirements for the property’s jurisdiction.
  • Verify title and local escrow expectations early.
  • Use counsel for complex capital stacks or interstate transactions.

Proactive compliance prevents delays and shows lenders you operate professionally.

10. Network with intent: How to meet and convert private lenders

Networking is not about handing out business cards. It’s about building relevance.

Practical steps:

  • Look for activities that bring lenders and brokers together, such as local REI group meetups, lender panels, and wholesale conferences.
  • Bring a one-page capability statement summarizing your pipeline, average loan sizes, and success rates.
  • Schedule a 48-hour follow-up with a brief, customized note and an example one-page sponsor profile.

Consistency builds familiarity. Regular, quality interactions convert contacts into favorable business relationships.

Why RCN Capital is an effective partner

RCN Capital has developed best practices to boost closing for brokers. The key advantages we provide include:

  • In-house underwriting for faster, clearer decisions.
  • Fast pre-approvals on complete packages. We provide rapid decisions that let sponsors act competitively.
  • A white-labeled Loan Management System for submissions that reduce back-and-forth.
  • Amplify training to align your team with RCN Capital’s documentation expectations.
  • Broker protections which require that fees appear on the commitment letters and the HUD settlement statement.
  • Financial stability: RCN Capital has originated more than $8.2 billion in over 37,000 deals. That level of scale affords steady funding of your wholesale pipeline.

As you develop stronger private lender relationships, you can make use of speed and certainty into to generate more repeatable revenue from your brokerage. Sign up RCN Capital's broker program to begin closing more loans.