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RCN Capital, LLC in Connecticut

HMDA record for properties in Connecticut, calendar year 2024. National record · Connecticut overview

LEI 254900JXCS783CPF1D02
Reporting agency Department of Housing and Urban Development
State Connecticut

HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.

In Connecticut, RCN Capital, LLC reported 547 applications and 388 originations for 2024, $118m in all.

Its denial rate in the state was 12.8%, below the Connecticut rate of 23.7% across all lenders and compared with the lender's national rate of 20.1%.

Applications in the state were up 7% on 2023.

547applications in CT, 20244.2% of the lender's total
388loans originated$118m
12.8%denial rateCT all lenders 23.7%
—median rate spreadCT 0.3 pp

Compared with the state and the lender's national record

MeasureIn ConnecticutConnecticut, all lendersRCN Capital, LLC, all statesUnited States
Denial rate12.8%23.7%20.1%24.3%
Median rate spread, pp—0.3—0.3
Originations with spread of 1.5 pp or more—14.8%—15.6%
Average originated loan$303k$325k$214k$329k
Home purchase share58.0%52.6%38.5%57.0%
FHA-insured share0.0%9.1%0.0%13.4%
VA-guaranteed share0.0%3.5%0.0%7.9%

Trend by year

ApplicationsOriginations

02775542022: 554 Applications2023: 510 Applications2024: 547 Applications2022: 313 Originations2023: 347 Originations2024: 388 Originations202220232024
RCN Capital, LLC in Connecticut: applications and originations, 2022–2024

This lender in stateConnecticut, all lenders

0%11.8%23.7%2022: 12.3% This lender in state2023: 12.4% This lender in state2024: 12.8% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Connecticut

By purpose

Home purchase 58% (225)Refinancing 5% (21)Other purpose 37% (142)

By type

Conventional 100% (388)

Denial reasons as coded

Collateral38.6%
Other38.6%
Credit history21.1%
Insufficient cash (downpayment, closing costs)1.8%
Debt-to-income ratio0%
Employment history0%
Unverifiable information0%
Credit application incomplete0%
Mortgage insurance denied0%

Share of 57 denials in Connecticut by first denial reason coded (outlined bar: all lenders in the state).

Counties in Connecticut

No county in the state reaches 25 applications.

Questions and answers

How many mortgages did RCN Capital, LLC originate in Connecticut in 2024?

388 loans totalling $118m, from 547 applications reported for properties in Connecticut.

What is RCN Capital, LLC's denial rate in Connecticut?

12.8% of decided applications in Connecticut were denied, against 23.7% for all lenders in the state and 20.1% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

Which Connecticut counties does RCN Capital, LLC lend in most?

No county in the state reaches 25 applications.

Where does this data come from?

From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Connecticut. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.