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RCN Capital, LLC in Louisiana

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

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

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 Louisiana, RCN Capital, LLC reported 166 applications and 92 originations for 2024, $18m in all.

Its denial rate in the state was 25.8%, below the Louisiana rate of 30.2% across all lenders and compared with the lender's national rate of 20.1%.

Applications in the state were down 9% on 2023.

166applications in LA, 20241.3% of the lender's total
92loans originated$18m
25.8%denial rateLA all lenders 30.2%
—median rate spreadLA 0.4 pp

Compared with the state and the lender's national record

MeasureIn LouisianaLouisiana, all lendersRCN Capital, LLC, all statesUnited States
Denial rate25.8%30.2%20.1%24.3%
Median rate spread, pp—0.4—0.3
Originations with spread of 1.5 pp or more—17.0%—15.6%
Average originated loan$201k$234k$214k$329k
Home purchase share43.5%63.7%38.5%57.0%
FHA-insured share0.0%20.7%0.0%13.4%
VA-guaranteed share0.0%9.3%0.0%7.9%

Trend by year

ApplicationsOriginations

01172342022: 234 Applications2023: 182 Applications2024: 166 Applications2022: 96 Originations2023: 93 Originations2024: 92 Originations202220232024
RCN Capital, LLC in Louisiana: applications and originations, 2022–2024

This lender in stateLouisiana, all lenders

0%15.8%31.6%2022: 22.6% This lender in state2023: 26.2% This lender in state2024: 25.8% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Louisiana

By purpose

Home purchase 43% (40)Refinancing 4% (4)Other purpose 52% (48)

By type

Conventional 100% (92)

Denial reasons as coded

Other50%
Collateral21.9%
Credit history18.8%
Insufficient cash (downpayment, closing costs)9.4%
Debt-to-income ratio0%
Employment history0%
Unverifiable information0%
Credit application incomplete0%
Mortgage insurance denied0%

Share of 32 denials in Louisiana by first denial reason coded (outlined bar: all lenders in the state).

Counties in Louisiana

No county in the state reaches 25 applications.

Questions and answers

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

92 loans totalling $18m, from 166 applications reported for properties in Louisiana.

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

25.8% of decided applications in Louisiana were denied, against 30.2% 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 Louisiana 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 Louisiana. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.