RCN Capital in District of Columbia vs the state
71.1%Denial rate+53.05 pts vs state
72.7%Decision denial rate+48.99 pts vs state
26.7%Origination rate-28.84 pts vs state
10.52%Median rate+4.02 pts vs state
—Rate spread (pts)
—Median applicant income
12Loans originated
32Denied
Trend in District of Columbia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 26 | 6 | 30.8% | 7.81% | #101 |
| 2024 | 37 | 17 | 18.9% | 10.74% | #79 |
| 2025 | 45 | 12 | 71.1% | 10.52% | #77 |
What RCN Capital lends in District of Columbia
By loan purpose
By loan type
Why it denied District of Columbia applicants
Other large lenders in District of Columbia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Navy Federal Credit Union | D | 786 | 28.5% | 7.75% |
| Rocket Mortgage | C | 671 | 20.7% | 6.63% |
| Bank of America | F | 546 | 33.2% | 5.99% |
| First Savings Mortgage | A | 544 | 0.9% | 6.50% |
| Truist Bank | C | 529 | 41.2% | 6.25% |
| PNC Bank | D | 467 | 31.5% | 6.25% |
| JPMorgan Chase Bank | B | 459 | 7.6% | 6.38% |
| Citibank | B | 417 | 9.6% | 6.00% |
| First Home Mortgage | B | 359 | 2.5% | 6.63% |
| Newrez | D | 353 | 23.5% | 6.63% |
Frequently asked questions
District of Columbia: 45 applications in 2025, of which 12 were originated and 32 denied.
71.1% of all applications, or 72.7% of the applications it actually decided on. The District of Columbia statewide average across all lenders was 18.1%.
The median rate on loans RCN Capital originated in District of Columbia in 2025 was 10.52%, against a statewide median of 6.50%.
About this data. Figures are RCN Capital's own HMDA filing for properties located in District of Columbia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology