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
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.

image
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!

image
Soh Kuefotsing Cyr Rufin
GB

TERRIBLE SERVICE I was really disturbed at how this company runs their business. This company never returns calls or follow through on your loan. You have to call over and over to get ambiguous answers. I would tell anyone who needs a loan to close in an expeditious manner to never use this company or you will be greatly disappointed! If I were you and you use this company I would really advise you to have the time to baby sit the loan or run away from this company for sure!!!

image
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.

image
Devoes On The Roll
GB

Great Company to Work With We've had two transactions with RCN. The rates seem fair and we enjoy working with this company, however we have had some delays in getting projects closed within the timeframes promised. Other than that the process has been fairly smooth and the communication is good throughout the entire process as well. Our only hope is that they could close transactions a little faster than what we've experienced. Hoping to work with them on future projects.

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