We are pleased to announce that RCN Capital is now a licensed mortgage lender in the State of Oregon! As a licensed Lender in Oregon, under the state’s Department of Financial Institutions, RCN Capital has once again expanded its reach further by entering one of the nation’s hottest residential and commercial real estate markets. Mortgage brokers in Oregon will now have access to creative funding solutions through RCN’s unique private lending resources, resulting in more profitable returns on real estate transactions.
“We’re thrilled at this latest expansion,” said Jeffrey Tesch, Managing Director of RCN Capital. “Joined with our announcement last year about lending in Arizona, 2017 is shaping up to be a very positive year for RCN. We are on the path to continued success, especially as the economy continues to improve, and Oregon plays a significant role in our growth strategy.”
With the expansion into the State of Oregon, RCN Capital is currently lending in 46 states throughout the United States. Since its inception in 2010, RCN has funded more than 2,040 transactions totaling approximately $410 million. Our programs have revitalized communities across the country through the purchase and rehabilitation of single family, multi-family, and commercial properties.
To learn more about the different loan programs RCN Capital has to offer, contact us today.