Adrienne H.
Excellent Service
Everyone was professional and knowledgeable and I would highly recommend this company.
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.
RCN Capital (rcncapital.com) has 191 customer reviews on Five Star Index, with an average rating of 4.6 out of 5.
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191 approved reviews, newest moderated first
Adrienne H.
Everyone was professional and knowledgeable and I would highly recommend this company.
Bryan
My experience with RCN Capital was so bad that it's hard to keep it brief. In summary, everything they claim is complete BS. 1. "We can close loans in 10 days" - after a month of not returning phone calls and emails I gave up. RCN nearly cost me the purchase of my home. I had to scramble to get other funding two days before closing because of their lack of attention 2. "We offer competitive rates and fees" - After telling me all along that they typically charge 2-3 points at closing, they tried charging me 5 POINTS!!! 3. "Our professional team will work with you..." - After raising concerns about their rates/fees and their poor customer service, this is the email response I got from their loan officer: "If you've had difficulty with multiple RCN employees, maybe it's time to look in the mirror" Seriously the worst company I've ever dealt with!!!
Herman C.
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.
Jill Harmer, Closing Coordinator, Ohio Investments, L.
I have worked with the RCN Team of Mortgage Professionals for about three years now and have closed approximately 50 transactions with them. Communication is key when coordinating a REO/Bank Owned closing, and RCN rocks it out. Their staff works together as a team resulting in a smooth closing experience. I highly suggest that all investors contact them to discuss the financing needs for their investment properties.
Robert C.
A few closing hiccups, but underwriting was the star of the show. Thanks,
Agnes M.
I had the pleasure of working with Chris Dorin the loan officer and others that i came into contact with at RCN Capital. It doesn't matter if they are not the ones working on the file, they were all absolutely great and very helpful. The process was fast, no unnecessary delays if they can help it, we needed to close quickly because we were on a time crunch and they delivered, I was amazed. Thank you RCN Capital, Chris and everyone, you're really a five star lender.
Justin H.
Quick response to many questions.. Out of the box thinkers. They spend more time trying to make deals work rather than killing them. Only downside was the closing process. Attorney was very slow in providing a time table which caused multiple extensions. Maybe first time fluke?
Kenneth M.
Ok. In todays world, it's a rare occurrence when you find a person, company, or institution that will keep it's word if it means they may lose some material gain by keeping it I'm a Broker that uses RCN's services. Just recently,a potential client that I introduced to RCN tried to circumvent me.(That means sneak behind my back and go directly to RCN to avoid my fee) The young lady there,Anastasia immediately contacted me and, along with Chris Dorin, stopped that person in their tracks and basically told them that either they work thru me, or no deal at all They could have easily took that persons deal, gave them the loan without my knowing..."for a few dollars more" as Clint Eastwood would say So, yes, "We love our Brokers" may be their slogan But it's also the TRUTH! It's been tested and passed.... with flying colors in my book