RCN Capital

75 Gerber Road East, Suite 102, 06074, South Windsor, United States
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3.40
Based on 20 Reviews

5

35.00%

4

25.00%

3

10.00%

2

5.00%

1

25.00%
About RCN Capital

RCN Capital is a nationwide, direct, private lender. We provide commercial loans for the purchase or refinance of non-owner-occupied single-family & multi-family properties. We specialize in ground-up construction financing, short-term bridge loans, fix & flip financing as well as long-term rental financing for real estate investors. We lend to both new and experienced real estate professionals throughout the country. RCN Capital, LLC was established in 2010 to provide time-sensitive, bridge financing to real estate investors to fund the purchase of non-owner occupied residential and commercial properties. Formed towards the end of the recession, RCN Capital has benefited from a turbulent housing market in which many real estate investors see great opportunity. A lack of liquidity in the credit markets and increased regulation of the banking industry has restricted conventional financing as an option for investors in fast-moving and competitive real estate markets. As the nation’s premier direct private lender, RCN Capital helps fill this void. As a direct, private lender, RCN Capital takes a common-sense approach to underwriting, with all approvals made in-house. We are dedicated to providing quick responses to time-sensitive loans. At RCN Capital, we value referrals and our brokers are protected. We are committed to the highest level of customer service because our success lies in building relationships.

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DCS
GB

Not simple or straight-forward My entire experience was challenging and their lack of who's on first made it hard to navigate. Everything from contracting to insurance policy coverage to getting real numbers to know what I needed to bring to closing was simple hard. The entire back and forth took over 2 months for something that should have taken weeks. There internal processes need MUCH improvement.

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Joe Abatemarco
GB

A pleasure from start to finish Dealing with Chris & Kim made the entire process simple and quick. They provided support and directions to bring the deal to closing. They also shared in the work involved from application until closing. Very unusual in todays Commercial Loan industry. Already sent 2 new loans to them! Joseph Abatemarco Deerfield Consulting, LLC

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Anthony C
GB

Trust Eileen with your business I had a great experience working with Eileen Mazza @ RCN. I've worked with a number of commercial Loan Officers, both as an investor and a Real Estate agent. Eileen puts them all to shame with her work ethic and phenomenal communication. I won't be taking my business anywhere else now that I've been fortunate enough to close a fairly complicated transaction with Eileen.

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Laurence Ramirez
GB

Overall Pretty Painles RCN worked well to close the deal. There were some hiccups along the way with my Title Company and RCN's closing office not communicating well, which put a damper on things, but we worked through it. I would add that some of the documentation on activities that would take place after closing(e.g. Draw Requests) could have been provided up front during the closing process so that the more accurate planning could be done before final submittal of all planning.

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Andre Brown
GB

Pretty Smooth from start to finish RCN did a great job closing my loan. I was under the impression the process would be less stringent than a regular bank, but not so much. However, the timeframe was quick, esp considering renovation costs are built into the loan. Chris was great. Very attentive, thorough, and pretty spot on with information, timeframes, etc. I can't speak for the full experience until i request draws, and repay the loan. But so far, so good.

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