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RCN Capital, LLC in Tennessee

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

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

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 Tennessee covers 276 applications, 159 of them originated, worth $37m.

Its denial rate in the state was 21.7%, close to the Tennessee rate of 22.6% across all lenders and compared with the lender's national rate of 20.1%.

Applications in the state were up 9% on 2023.

276applications in TN, 20242.1% of the lender's total
159loans originated$37m
21.7%denial rateTN all lenders 22.6%
—median rate spreadTN 0.3 pp

Compared with the state and the lender's national record

MeasureIn TennesseeTennessee, all lendersRCN Capital, LLC, all statesUnited States
Denial rate21.7%22.6%20.1%24.3%
Median rate spread, pp—0.3—0.3
Originations with spread of 1.5 pp or more—14.7%—15.6%
Average originated loan$230k$302k$214k$329k
Home purchase share28.9%55.5%38.5%57.0%
FHA-insured share0.0%15.5%0.0%13.4%
VA-guaranteed share0.0%10.0%0.0%7.9%

Trend by year

ApplicationsOriginations

0140.52812022: 281 Applications2023: 254 Applications2024: 276 Applications2022: 121 Originations2023: 127 Originations2024: 159 Originations202220232024
RCN Capital, LLC in Tennessee: applications and originations, 2022–2024

This lender in stateTennessee, all lenders

0%13.6%27.1%2022: 27.1% This lender in state2023: 26.2% This lender in state2024: 21.7% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Tennessee

By purpose

Home purchase 29% (46)Refinancing 25% (40)Other purpose 46% (73)

By type

Conventional 100% (159)

Denial reasons as coded

Other47.7%
Collateral40.9%
Credit history11.4%
Debt-to-income ratio0%
Employment history0%
Insufficient cash (downpayment, closing costs)0%
Unverifiable information0%
Credit application incomplete0%
Mortgage insurance denied0%

Share of 44 denials in Tennessee by first denial reason coded (outlined bar: all lenders in the state).

Counties in Tennessee

No county in the state reaches 25 applications.

Questions and answers

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

159 loans totalling $37m, from 276 applications reported for properties in Tennessee.

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

21.7% of decided applications in Tennessee were denied, against 22.6% 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 Tennessee 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 Tennessee. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.