How the Lender Makes their money. lending money is like most businesses: buy low, sell for more. It should come as no surprise that mortgage lenders intend to profit off your loan. Traditional bank lenders make their profits over time, perhaps a 25-year mortgage relationship, plus they make money on providing you with other banking services and fees.
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RCN Capital is a nationwide, private direct lender. Established in 2010, we provide short-term fix & flip financing and long-term rental financing for real estate investors. Our loans, often called hard money loans, range from $50k to $2.5M and can be used for the purchase or refinance of non-owner occupied residential & commercial properties.
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