RCN Capital Reviews 

194
TrustScore 1.5 out of 5

1.7

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Rated 1 out of 5 stars

Don't use this group. It's never a smooth outcome at the end. Terms change and the back tracking you have to do with a borrower is embarrassing.

Rated 2 out of 5 stars

My entire experience was challenging and their lack of who's on first made it hard to navigate. Everything from contracting to insurance policy coverage to getting real numbers to know what I needed t... See more

Rated 1 out of 5 stars

The title company RCN used added $2300 in broker fees AFTER I signed the closing documents. They all seemed very confused about how this happened and why I should be upset about it. I ended up feeling... See more

Rated 1 out of 5 stars

I would stay far away from this company. Last week, I signed up to do a cash out refinance loan. Everything was going great until I sent my file to underwriting. The CEO of the company reviewed my fil... See more

Company details

  1. Non-bank financial service
  2. Financial advisor

Written by the company

RCN Capital is a nationwide, direct, private lender. We provide commercial loans for the purchase or refinance of non-owner-occupied single-family & multi-family properties. We specialize in ground-up construction financing, short-term bridge loans, fix & flip financing as well as long-term rental financing for real estate investors. We lend to both new and experienced real estate professionals throughout the country. RCN Capital, LLC was established in 2010 to provide time-sensitive, bridge financing to real estate investors to fund the purchase of non-owner occupied residential and commercial properties. Formed towards the end of the recession, RCN Capital has benefited from a turbulent housing market in which many real estate investors see great opportunity. A lack of liquidity in the credit markets and increased regulation of the banking industry has restricted conventional financing as an option for investors in fast-moving and competitive real estate markets. As the nation’s premier direct private lender, RCN Capital helps fill this void. As a direct, private lender, RCN Capital takes a common-sense approach to underwriting, with all approvals made in-house. We are dedicated to providing quick responses to time-sensitive loans. At RCN Capital, we value referrals and our brokers are protected. We are committed to the highest level of customer service because our success lies in building relationships.


Contact info

1.7

Bad

TrustScore 1.5 out of 5

194 reviews

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1.7

All reviews

(194)

2 reviews in the last 12 months

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Rated 5 out of 5 stars

The team of Eileen and Jon did a great…

The team of Eileen and Jon did a great job. I enjoyed working with them both to create a great experience for the two borrowers. The loan # is 43852, Since one of the borrowers was a doctor and the other a professor, it was critical to provide fast and efficient service so their loan could close. This loan was referred to me after the local bank was not meeting borrower expectations.

In the end, the borrowers and the realtor created delays and made contractual mistakes and we kept the closing together.

Thank you to Eileen and Jon for getting this loan to close. Great work.

Chris Anderson
President
Command Lending LLC

1 November 2019
Unprompted review
Rated 5 out of 5 stars

Aubrey Carrasquillo & Jonathan Barney great team..

Aubrey Carrasquillo was great, she help me put the process together. She was always there to help me in the process. Great rep. for RCN and she answer all my calls when she was busy and told me we would close and we did..
Jonathan Barney was awesome, amazing, being there anytime I had a question, even when he was busy. He answer all my phone calls and helping me through the closing and make me feel comfortable. He told me we are a team and we will close this and we closed on time. GREAT JOB..

31 October 2019
Unprompted review
Rated 5 out of 5 stars

Responsive. Painless. Good products.

I just closed 2 deals with Eileen and her team at RCN last week - a purchase of a flip and a cash out refi. Both processes were straight forward and painless. Their rates are so competitive for the flip and I love that they have a 30 year fixed loan. They were so responsive and both loans were approved so quickly. I’ll definitely work with them again!

6 October 2019
Unprompted review
Rated 5 out of 5 stars

Efficient team!

Eileen Mazza and her team are very knowledgeable and easy to work with. They have quick responses to questions which is vital to this business.

1 October 2019
Unprompted review
Rated 5 out of 5 stars

Eileen was quick to respond to…

Eileen was quick to respond to questions, guided me through their process perfectly, and helped my client get a very short time fuse closing completed on time. RCN is a 2-week to close shop if your borrower is ready with their information at submission.

30 September 2019
Unprompted review
Rated 5 out of 5 stars

I'm happy to say that my loan officer…

I'm happy to say that my loan officer was Nick Ferrigno. He made this long, tedious process as smooth as possible. This was my first commercial loan and so I had many moments of doubt and skepticism that the loan was actually going to close but Nick repeatedly put my mind at ease and ultimately made it happen.
He answered all of my questions and concerns. He is an asset to RCN Capital.
Thank you.
Bob Costabile.

29 July 2019
Unprompted review
Rated 5 out of 5 stars

Arkansas Refi Eileen @ RCN Capital

I recently did a loan in Arkansas with Eileen and the process was very smooth. She is a consummate professional and RCN is a world class organization. I was kept in the loop the whole way and they were very fast getting back to me.

26 July 2019
Unprompted review
Rated 5 out of 5 stars

I closed two loans simultaneously with…

I closed two loans simultaneously with Eileen at RCN Capital. These loans required a 16 day close and I had never used RCN Capital before. The process was quick, efficient and entirely without drama.

I will use RCN Capital in the future with absolutely no reservation.

Thank you Eileen and Joe.

23 May 2019
Unprompted review
Rated 5 out of 5 stars

Eileen Mazza and RCN are the funder of Choice for us.

Eileen Mazza and RCN are the funding partners we have been looking for.
The rates are very competitive, no hidden fees or tricks,
Very quick turn around and easy to deal with.
Interest on construction does not kick in till you get the money.
They reward for experienced pros like us too.
I highly refer Eileen and RCN.
Used them in Long Island and Florida!
Mike Costanza

12 March 2019
Unprompted review
Rated 5 out of 5 stars

Steve, Tyler & Thomas, You guys rocked!!!!!

I usually don't write reviews but i was blown away by the excellent
service I received from RCN. As a new investor, I really wasn't sure what to expect but you guys made it so easy. It all started with Steve Ballard, the moment I spoke with him at a real estate event I attended, I knew that I wanted to work with him because he was so professional and very knowledgeable about process. As the process began, he referred me to Tyler Marsico. I spoke to Tyler majority of the time and he always had an answer to every question I had and always returned my calls every time I left a message. He definitely took majority of my stress away. Tyler, you are the BEST!!! And finally my loan officer Thomas Bjunes. Thomas worked diligently alongside with Tyler to push my loan forward and I was able to close right on time. You guys are amazing and I can't wait to do more deals with you and also brag about you guys to others. Thank you RCN for making my first flip possible.

11 March 2019
Unprompted review
Rated 1 out of 5 stars

Stay far away as much as you can if you could.

Don't ever, i repeat don't ever do business with them. I believe with no doubt that almost all of these nice comments here are fake reviews because i dealt with them and it has been the greatest mistake i ever made.
I have never seen where it takes over 4 months to process a refinance because it won't even take up to half of that to process a new purchase with a Traditional bank. Besides, there is still no closing date in sight and they stopped communicating.
Lies upon lies they keep telling me about the current stage of the Loan and at some point, they decided they needed to do a second appraisal after 3 months which they asked me to pay for and for which i refused.
i wanted a cash out and they told me after over 3 months they can't do cash out but can only finance what is owed...what? are you short on funds? Don't deal with this company if you don't want grief and headaches and more importantly, don't deal with my assigned officers George Ross and Devin Lee. I requested to be assigned other officers but it fell on deaf ears and these people won't pick up calls. They pick up calls and open my files when they feel like it. And why did i wait that long for a refinance? Because they keep telling me i'll close on Friday. They told me that for at least 6 Fridays. And i wrote a review like this before and took it down because they promised to close that Friday too. I guess i was just too trusting while they were only selling false hopes.
FYI, My initial closing date was Nov 30th 2018 and i am submitting this review Feb 15th 2019 and still haven't closed on a REFINANCE LOAN.
Stay far away as much as you can if you could.
UPDATE;
Just found out they closed my account. Can't long in to know status. Didn't even get a call about the loan anymore since i gave this review. Says a lot about their transparency.

15 February 2019
Unprompted review
Rated 5 out of 5 stars

Eileen Mazza Rocks!

Eileen goes above and beyond to listen, and go to battle to get what I need to insure I can be successful in all areas of my Investments. Thanks Eileen!

1 February 2019
Unprompted review
Rated 5 out of 5 stars

Best HML

Alan Johnson has been the most professional, reliable, awesome service throughout our properties funding. As real estate investors we have worked with several HML and no one has given us the service we have had with RCN. I am referring RCN to all my network of investors.
Thanks again,
Gregory Miguel Properties, Inc.

14 January 2019
Unprompted review

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