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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Mark Hewitt
GB

Worst Lending Experience! If you are looking for no communication, always on vacation, slow as can be responses or no responses, then you have come to the right lender. Having been in the real estate industry for years I have never seen anything like it. What a shame!

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Lenora Menard
GB

Initial rep was awesome...very … Initial rep was awesome...very attentive and quick to respond to any questions or concerns. But later in the process, there has been a problem with incorrect inspection report and wiring money which has been very frustrating. I don’t feel these reps are as attentive. I should have received my first draw last week, but still nothing.

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Herman Chandiramani
GB

A Trusted Business Partner The team at RCN is highly professional. You can rely on their performance to follow their word. They are organized, well staffed, and highly responsive to our requests. Their processes are well defined. Each team member we interact with is clear on their individual role and is flexible enough to accommodate our specific business needs. RCN is not just a lender to us - it is a trusted business partner. We highly recommend working with them.

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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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Robert Baxter
GB

Overall a most excellent experience with top notch performance on their part. RCN Capital responded and closed our loan in record time! The only minor challenge centered around lapses in communication after the closing had taken place regarding some post closing matters. As a result some things took much longer to get answered than necessary. I would highly recommend this company and I look forward to doing more business with them in the future.

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