Lenders › RCN Capital, LLC › New York
RCN Capital, LLC in New York
HMDA record for properties in New York, calendar year 2024. National record · New York overview
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 New York, RCN Capital, LLC reported 672 applications and 354 originations for 2024, $94m in all.
Its denial rate in the state was 26.9%, close to the New York rate of 25.4% across all lenders and compared with the lender's national rate of 20.1%.
Applications in the state were up 16% on 2023.
Compared with the state and the lender's national record
| Measure | In New York | New York, all lenders | RCN Capital, LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 26.9% | 25.4% | 20.1% | 24.3% |
| Median rate spread, pp | — | 0.3 | — | 0.3 |
| Originations with spread of 1.5 pp or more | — | 15.0% | — | 15.6% |
| Average originated loan | $266k | $446k | $214k | $329k |
| Home purchase share | 44.1% | 55.3% | 38.5% | 57.0% |
| FHA-insured share | 0.0% | 7.4% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 2.4% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateNew York, all lenders
Loan purpose and loan type in New York
By purpose
Home purchase 44% (156)Refinancing 6% (22)Other purpose 50% (176)
By type
Conventional 100% (354)
Denial reasons as coded
Share of 130 denials in New York by first denial reason coded (outlined bar: all lenders in the state).
Counties in New York
No county in the state reaches 25 applications.
Questions and answers
How many mortgages did RCN Capital, LLC originate in New York in 2024?
354 loans totalling $94m, from 672 applications reported for properties in New York.
What is RCN Capital, LLC's denial rate in New York?
26.9% of decided applications in New York were denied, against 25.4% 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 New York 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 New York. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.