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RCN Capital, LLC in Massachusetts

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

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

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.

RCN Capital, LLC's 2024 HMDA record for Massachusetts covers 201 applications, 144 of them originated, worth $46m.

Its denial rate in the state was 13.8%, below the Massachusetts rate of 22.3% across all lenders and compared with the lender's national rate of 20.1%.

Applications in the state were up 12% on 2023.

201applications in MA, 20241.5% of the lender's total
144loans originated$46m
13.8%denial rateMA all lenders 22.3%
—median rate spreadMA 0.2 pp

Compared with the state and the lender's national record

MeasureIn MassachusettsMassachusetts, all lendersRCN Capital, LLC, all statesUnited States
Denial rate13.8%22.3%20.1%24.3%
Median rate spread, pp—0.2—0.3
Originations with spread of 1.5 pp or more—11.9%—15.6%
Average originated loan$320k$432k$214k$329k
Home purchase share61.8%50.7%38.5%57.0%
FHA-insured share0.0%7.5%0.0%13.4%
VA-guaranteed share0.0%2.5%0.0%7.9%

Trend by year

ApplicationsOriginations

0100.52012022: 192 Applications2023: 179 Applications2024: 201 Applications2022: 93 Originations2023: 82 Originations2024: 144 Originations202220232024
RCN Capital, LLC in Massachusetts: applications and originations, 2022–2024

This lender in stateMassachusetts, all lenders

0%13.4%26.8%2022: 10.6% This lender in state2023: 26.8% This lender in state2024: 13.8% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Massachusetts

By purpose

Home purchase 62% (89)Refinancing 2% (3)Other purpose 36% (52)

By type

Conventional 100% (144)

Denial reasons as coded

Withheld: fewer than 25 denials in the state.

Counties in Massachusetts

No county in the state reaches 25 applications.

Questions and answers

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

144 loans totalling $46m, from 201 applications reported for properties in Massachusetts.

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

13.8% of decided applications in Massachusetts were denied, against 22.3% 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 Massachusetts 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 Massachusetts. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.