RCN Capital, LLC
South Windsor, CT
RCN Capital, LLC processed 12,981 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 8,038 loans with a 15.6% denial rate. Other was the primary loan purpose. Based in South Windsor, CT. The approval rate of 61.9% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.
Portfolio scale. RCN Capital, LLC processed 12,981 HMDA-reported mortgage applications in 2024, originating 8,038 loans and denying 2,021 for a denial rate of 15.6% (applicants themselves withdrew 2,922 files before a decision). The average loan amount was $262,306 at a 8.690% average note rate. The lender reports under LEI 254900JXCS783CPF1D02 from South Windsor, CT.
Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. RCN Capital, LLC's 61.9% origination rate tells you how often an application turned into funded money; the 15.6% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Other, Collateral, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (12,981 applications).
How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.
Lending Activity
| Type | Applications | Originated | Denied | Avg Loan |
|---|---|---|---|---|
| Conventional | 12,981 | 8,038 | 2,021 | $262,306 |
Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for RCN Capital, LLC (LEI: 254900JXCS783CPF1D02) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.
Denial Analysis
Loan Purpose Breakdown
| Purpose | Applications | Originated | Avg Loan |
|---|---|---|---|
| Other | 5,619 | 3,589 | $249,173 |
| Home Purchase | 5,052 | 3,096 | $257,215 |
| Refinancing | 1,627 | 1,353 | $247,194 |
| Home Improvement | 658 | 0 | $448,283 |
| Cash-out Refinancing | 25 | 0 | $331,400 |
Nearby Lenders in CT
Other HMDA-reporting lenders in CT with similar activity. Compare any two side-by-side.
PLANET HOME LENDING, LLC
MERIDEN, CT
TOTAL MORTGAGE SERVICES, LLC
MILFORD, CT
Webster Bank, N.A.
Stamford, CT
RCN Capital, LLC
South Windsor, CT
NORWICH COMMERCIAL GROUP INC
AVON, CT
Mortgage Lending Guides
Frequently Asked Questions
How many mortgage applications did RCN Capital, LLC process?
What is RCN Capital, LLC's mortgage approval rate?
What is the average loan amount at RCN Capital, LLC?
What are the most common reasons for mortgage denial at RCN Capital, LLC?
What types of mortgage loans does RCN Capital, LLC offer?
What loan purposes does RCN Capital, LLC serve?
Where is RCN Capital, LLC located?
Data Sources
Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.
Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.
Read our methodology — how this data is sourced, computed, and verified.