RCN Capital Selects The Mortgage Office® as its Loan Servicing Platform

LONG BEACH, Calif., Oct. 19, 2017 /PRNewswire/ -- Applied Business Software ("ABS") announced today that RCN Capital has chosen The Mortgage Office® software to automate its back office servicing operations. 

RCN Capital, ranked by national publications as one of the Country's top Hard Money Lenders, has become Applied Business Software's latest customer in a roster that includes some of the highest volume lenders in the nation. RCN provides short-term loans to real estate investors to fund the purchase of non-owner occupied residential and commercial properties and to finance renovation projects. 

"We are excited about moving forward with The Mortgage Office® as our loan servicing platform. Our complex investment business models require robust software to handle high volume of transactions. We had various systems in place for many years but absolutely love how tailored and specialized The Mortgage Office® is to our type of business." – Jeffrey Tesch, Managing Director, RCN Capital.

"We are thrilled to welcome RCN to the ABS family of prestigious clients. We are humbled by being the preferred choice for private lenders in loan servicing software for almost 40 years," commented Jerry Delgado, CEO, Applied Business Software.

About Applied Business Software

Applied Business Software is a market leader and global provider of software systems and solutions to the lending industry. ABS offers a complete suite of software products designed from the ground up to specifically address the needs of those who originate and service loans. All our products are consistently rated superior in design, system interface, expandability, and ease of use. ABS is based in Long Beach, California. For additional information about ABS's products and services, visit www.themortgageoffice.com or call (800) 833-3343.

About RCN Capital

RCN Capital is a national, direct, private lender. Established in 2010, we provide short-term commercial loans ranging from $50k to $2.5M+ for the purchase of non-owner occupied residential and commercial properties, financing of renovation projects and bridge funding. We lend to experienced real estate professionals, investors and contractors throughout the country. We value referrals; brokers are protected. For more information on our company or our loan programs, visit our website at www.RCNCapital.com. 

Press Contacts
For Applied Business Software, Inc.:
Elizabeth Morales
Director Marketing and Communications
(800) 833-3343
[email protected] 
www.themortgageoffice.com

Press Contacts
For RCN Capital, LLC
Erica LaCentra
Marketing Manager
(860) 432-5858
[email protected] 
https://www.rcncapital.com/

SOURCE Applied Business Software