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RCN Capital, LLC in Ohio

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

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

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 Ohio, RCN Capital, LLC reported 1,339 applications and 833 originations for 2024, $137m in all.

Its denial rate in the state was 18.7%, below the Ohio rate of 23.5% across all lenders and compared with the lender's national rate of 20.1%.

Applications in the state were up 36% on 2023.

1,339applications in OH, 202410.3% of the lender's total
833loans originated$137m
18.7%denial rateOH all lenders 23.5%
—median rate spreadOH 0.5 pp

Compared with the state and the lender's national record

MeasureIn OhioOhio, all lendersRCN Capital, LLC, all statesUnited States
Denial rate18.7%23.5%20.1%24.3%
Median rate spread, pp—0.5—0.3
Originations with spread of 1.5 pp or more—17.7%—15.6%
Average originated loan$165k$218k$214k$329k
Home purchase share31.7%51.7%38.5%57.0%
FHA-insured share0.0%12.3%0.0%13.4%
VA-guaranteed share0.0%5.9%0.0%7.9%

Trend by year

ApplicationsOriginations

0669.51,3392022: 806 Applications2023: 988 Applications2024: 1,339 Applications2022: 402 Originations2023: 600 Originations2024: 833 Originations202220232024
RCN Capital, LLC in Ohio: applications and originations, 2022–2024

This lender in stateOhio, all lenders

0%12%24%2022: 17.8% This lender in state2023: 16.4% This lender in state2024: 18.7% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Ohio

By purpose

Home purchase 32% (264)Refinancing 18% (146)Other purpose 51% (423)

By type

Conventional 100% (833)

Denial reasons as coded

Other44.8%
Collateral34.4%
Credit history16.1%
Insufficient cash (downpayment, closing costs)4.7%
Debt-to-income ratio0%
Employment history0%
Unverifiable information0%
Credit application incomplete0%
Mortgage insurance denied0%

Share of 192 denials in Ohio by first denial reason coded (outlined bar: all lenders in the state).

Counties in Ohio

No county in the state reaches 25 applications.

Questions and answers

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

833 loans totalling $137m, from 1,339 applications reported for properties in Ohio.

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

18.7% of decided applications in Ohio were denied, against 23.5% 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 Ohio 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 Ohio. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.