RCN Capital, LLC

South Windsor, CT

RCN Capital, LLC processed 5,091 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,169 loans with a 31.9% denial rate. Home Purchase was the primary loan purpose. Based in South Windsor, CT. The approval rate of 23.0% reflects originated loans as a share of all applications.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness.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 23.0% origination rate tells you how often an application turned into funded money; the 31.9% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (5,091 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.

5,091
Applications
1,169
Originated
31.9%
Denial Rate
$264,601
Avg Loan Amount
Avg Interest Rate: 11.435%

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 5,091 1,169 1,622 $264,601

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for RCN Capital, LLC (LEI: 254900Y6EUNN0KGMJW67) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 2,844 1,109 $246,343
Cash-out Refinancing 1,546 12 $271,028
Refinancing 519 48 $335,212
Other 181 0 $289,641
Home Improvement 1 0 $1,075,000

Nearby Lenders in CT

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Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did RCN Capital, LLC process?
RCN Capital, LLC processed 5,091 mortgage applications in the 2024 HMDA reporting year. Of these, 1,169 were originated (approved and funded), 2,300 were withdrawn by the applicant, and 1,622 were denied.
What is RCN Capital, LLC's mortgage approval rate?
RCN Capital, LLC has an approval (origination) rate of 23.0%, meaning 23.0% of all applications resulted in a funded mortgage. The denial rate is 31.9%.
What is the average loan amount at RCN Capital, LLC?
The average mortgage loan amount at RCN Capital, LLC is $264,601. The average interest rate is 11.435%.
What types of mortgage loans does RCN Capital, LLC offer?
RCN Capital, LLC processes Conventional loans. The most common type is Conventional with 5,091 applications and an average loan amount of $264,601.
What loan purposes does RCN Capital, LLC serve?
RCN Capital, LLC serves the following loan purposes: Home Purchase (2,844 applications), Cash-out Refinancing (1,546 applications), Refinancing (519 applications), Other (181 applications), Home Improvement (1 applications). Home Purchase is the most common purpose.
Where is RCN Capital, LLC located?
RCN Capital, LLC is headquartered in South Windsor, CT. The lender is identified by LEI 254900Y6EUNN0KGMJW67 in HMDA data.

Data Sources

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.