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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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!!!

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Kirk Johnson
GB

I would stay far away from this… I would stay far away from this company. Last week, I signed up to do a cash out refinance loan. Everything was going great until I sent my file to underwriting. The CEO of the company reviewed my file and decided to cancel because of the location of the property? Prior to me submitting my file, I asked about this specific location (with emails to prove it) and received the green-light that the loan stipulations would remain the same. They decided to cancel at the last minute without giving me any explanation. You've been warned!

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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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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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Cynthia Garner
GB

deceptive! Added $2300 broker fees after closing! The title company RCN used added $2300 in broker fees AFTER I signed the closing documents. They all seemed very confused about how this happened and why I should be upset about it. I ended up feeling taken advantage of and manipulated. Won’t be doing business with them again.

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