After-Repair Value Loans

Short-term financing for the purchase & rehab of non-owner occupied properties.

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Looking for Funding For Your Next Fix & Flip Project?

RCN Capital’s ARV Loan Program offers financing for up to 85% of the purchase price + 100% of renovation costs, not to exceed 70% of the after repair value.

Plus, RCN Capital only charges interest on your outstanding balance, not on the rehab holdback so you don’t pay for the funds you aren’t using.

Loan Criteria

Collateral:

Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes; 5+ Unit Apartments; Mixed-Use Properties

LTV:

Up to 85% of the Purchase Price + 100% of the Renovation Cost; Not to Exceed 70% of the ARV

Term:

12 – 18 Months

Minimum As-Is Property Value:

$50k for Single-Family
$25k per Unit for 2-4 Family
$35k per Unit for Multi-Family (5+)/Mixed-Use

Loan Amount:

$50k – $7.5M for 1-4 Family, Condos, & Townhomes
$250k – $10M for Multi-Family (5+)/Mixed-Use


Minimum FICO:

620

Rates

As Low As 10.24% (Interest Only Charged on Outstanding Balance)

Pre-Payment Penalty:

N/A

ARV Loan Program Typical Leverage & Rates

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New Investor

Completed up to 2 Flips
in the Last 3 Years
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Intermediate Investor

Completed Between 3 & 5 Flips
in the Last 3 Years
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Experienced Investor

Completed More Than 5 Flips
in the Last 3 Years

LTV

New Investor

Up to 80% of Purchase Price + Up to 100% of Renovation Costs; Not to Exceed 65% of the After Repair Value

Intermediate Investor

Up to 85% of the Purchase Price + Up to 100% of Renovation Costs; Not to Exceed 70% of the After Repair Value

Experienced Investor

Up to 85% of the Purchase Price + Up to 100% of the Renovation Costs: Not to Exceed 70% of the ARV

RATES

New Investor

Starting at 10.99%

Intermediate Investor

Starting at 10.49%

Experienced Investor

Starting at 10.24%

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

Recent Loans

Our Clients Do Some Amazing Work

Click on a Property to See Successful Projects RCN Capital Has Lended On.

Chat with the RCN Capital Sales Team!