RCN Capital

75 Gerber Road East, Suite 102, 06074, South Windsor, United States
image
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.

Tags
Contact Info

You need to Login first to submit your review.

image
Naveen Sehgal
GB

Good starting experience I recently completed my first loan with RCN for a property in Florida. There were no major surprises and the terms were not changed during the loan processing. What was told upfront was what I got. A special word of thanks to my loan officer (Chris Dorin) who was friendly, cooperative and responsive to my needs. He had a good understanding of the loan process and was able to explain it clearly. However, the Closing process took a little longer than expected and the Closing department was not very cooperative as experienced by my team. But with Chris and his team's help, we were able to move forward to Close in time.

image
Sandra & John Licht
GB

Just too many fingers in the pie and way too much paperwork. We had a lot of paperwork during the process and closing was over two hours long and still didn't have enough documents completed. There is a lot of funding issues with who signs what when and it's very expensive.

image
Andy
GB

One of the best I had an issue with my appraisal. Dana and her team did what no other lender would do- assessed the asset in-depth, forestall the closing and make it all happen. The process was quick, efficient, and professional. You really can’t go wrong with RCN; they've gone above and beyond with sincerity, professionalism, and a strong work ethic. It's hard to imagine working with anyone else from here on out. Thank you Dana, Carol-ann, RCN!!

image
Authentic Property Solutions, LLC
GB

Draw on rehab funds horribly managed Communication zero to none on how the draw of funds will be handled. Inspector unreliable. Unable to draw on money appropriately to complete the rehab for a smooth process. Project on temporary hold to complete the rehab as RCN will not release the funds that we have paid out of pocket to the contractors.......

image
Meredith McConnell
GB

They want to get the job done!! My Sales Executive Jeff Mallas truly cares about his clients. He makes the process easy to navigate through and is a pleasure to work with. RCN, unlike many lenders, fits their products to the client's needs rather than fit the client needs into their product. That is the biggest difference between RCN and other lending institutions. I will be working with them for a long time!

We may use cookies or any other tracking technologies when you visit our website, including any other media form, mobile website, or mobile application related or connected to help customize the Site and improve your experience. learn more

Allow