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
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
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
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.

image
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.

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.

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