What ReCasa does

ReCasa Financial Group, LLC is a privately held, Columbus, Ohio-based specialty lender founded in 2000 by Richard C. Rudek and Mark D. Quinlan. The firm provides purchase and rehabilitation financing for non-owner occupied 1-4 unit residential investment properties, structured as a 100% loan that covers acquisition price, renovation costs, and closing/soft costs. Loans range from $75,000 to $2,000,000, capped at 75% of after-repair value (ARV), with a minimum credit score of 680 and a target close of roughly two weeks following document completion. ReCasa also operates a Loan Portfolio Servicing line that handles billing, collections, escrow, delinquency follow-up, and quarterly/K-1/1099 reporting for private mortgage portfolio clients, creating a recurring fee stream beyond origination.

The company's go-to-market is sales-led and relationship-driven: borrowers apply online or via a downloadable PDF, and ReCasa assigns a dedicated lending professional to each client with a one-business-day response SLA. Distribution relies heavily on referral networks of realtors, attorneys, title agents, contractors, mortgage brokers, and appraisers, supplemented by listed relationships with investor associations including National REIA, Central Indiana REIA, Cincinnati REIA, and Diversified Investors Group. Insurance partnerships with Dennis & Nelson Insurance Group and Detwiler-Brofford Insurance further embed ReCasa in the investor's broader operating stack.

ReCasa is licensed across 16 US states spanning the East Coast, Midwest, and Southeast, holds NMLS registration (#9722), and operates with 11-50 employees. Revenue is generated through interest on originated loans and servicing fees on managed portfolios; no financial details, funding history, or institutional ownership are disclosed. Leadership today is anchored by co-founder/President Richard C. Rudek, co-founder/Chairman Mark D. Quinlan, COO Erik Williams, and VP of Business Development Stephen Radomile.

Name

ReCasa

Legal name

ReCasa Financial Group, LLC

Website

https://recasafinancial.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

ReCasa Financial Group is a private Columbus, Ohio-based lender that provides 100% purchase and rehabilitation financing for real estate investors across 16 US states. It also offers loan portfolio servicing for private mortgage portfolios with billing, escrow, and investor reporting.

Ownership category

akta.pro rank

Product category

Private Real Estate Lending

NAICS

Credit Intermediation and Related Activities (522)

SIC

Mortgage Bankers & Loan Correspondents (6162), Personal Credit Institutions (6141)

akta.pro primary industry

Real Estate Private Credit (CRE Debt) (FSANADAG)

akta.pro secondary industry

Balance-Sheet / Portfolio CRE Lending (FSALADAG)

Keywords

• Real estate lending
• Rehab financing
• Investment property loans
• Fix and flip financing
• Loan portfolio servicing

Headquarters

HQ city

Columbus

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Marketing or Sales, Operations, Technology or R&D

Revenue model

1. Purchase & Rehab Loan Origination: ReCasa originates and holds purchase and rehabilitation loans for non-owner occupied 1-4 unit investment properties. Revenue is generated through interest charged on the loan balance over the loan term. All loan charges, fees, and soft costs are rolled into the loan amount.
2. Loan Portfolio Servicing: ReCasa provides advisory, oversight, accounting, and administrative services for private mortgage portfolio loan servicing. Services include preparing and sending monthly invoices, collecting and posting payments, maintaining records, collecting and paying taxes and insurance, following up on late-pays or delinquencies, remitting funds to clients, posting payments to servicing systems, and preparing quarterly reports and K-1s/1099s. Revenue is generated through servicing fees charged to portfolio clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

ReCasa Financial Group provides 100% purchase and rehabilitation loans on non-owner occupied 1-4 unit residential investment properties, covering acquisition, renovation, and soft costs (including closing costs) so investors can purchase with little to no money down. The company also offers loan portfolio servicing for private mortgage portfolios, providing advisory, oversight, accounting, and administrative functions such as invoicing, payment collection, tax/insurance escrow, delinquency follow-up, and quarterly reporting.

Product overview

ReCasa Financial Group operates as a specialized private lender offering two core products: the Purchase & Rehab Loan Program (a 100% financing solution for non-owner occupied 1-4 unit investment properties covering purchase, renovation, and soft costs) and Loan Portfolio Servicing (providing advisory, accounting, and administrative services for private mortgage portfolios). The company also provides supporting digital tools including an online loan application system and downloadable PDF forms for manual submission.

Differentiator

Problem solved

Functional benefit

Products and services

• Purchase & Rehab Loan Program Provides 100% financing for the purchase, renovation, and soft costs (including closing costs) on non-owner occupied 1-4 unit residential investment properties. Loans range from $75,000 to $2,000,000, up to 75% of after-repair value (ARV), with a minimum credit score of 680 for pre-qualification. Designed for real estate investors pursuing fix-and-flip and buy-and-hold strategies.
• Loan Portfolio Servicing Advisory, oversight, accounting, and administrative services for private mortgage portfolios. Includes preparing and sending monthly invoices, collecting and posting payments, maintaining records, collecting and paying taxes and insurance, following up on late-pays or delinquencies, remitting funds to clients, posting payments to servicing systems, and preparing quarterly reports, K-1s, and 1099s.

Quantifiable outcome

• 451% Return on Invested Capital (ROIC) on a sample $74,500 loan scenario (vs. 34.2% using cash-only financing), demonstrating the power of leverage with ReCasa's 100% financing program.
• +1 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered minor.

• Dennis & Nelson Insurance GroupminorOthersDennis & Nelson Insurance Group is an independent insurance agency representing numerous insurance companies including Erie, Western Reserve, Progressive, and others. They provide insurance products relevant to real estate investors including homeowners, dwelling fire, builder's risk, umbrella, general liability, and commercial auto coverage. The partnership provides ReCasa's investor clients access to recommended insurance coverage tailored for rehab and rental properties.
• Detwiler-Brofford Insurance, Inc.minorOthersDetwiler-Brofford Insurance, Inc. is an insurance agency established in 1984 in Central Ohio, with an additional office opened in 2015 in downtown Columbus, Ohio. They represent multiple highly-rated insurance companies including Erie Insurance, Grange Insurance, Auto-Owners Insurance, Safeco Insurance, State Auto Insurance, and Progressive Insurance. Sonya Wasmer, ReCasa's Product and Support Manager, also serves as an Insurance Producer with Detwiler-Brofford, offering life insurance and property/casualty insurance (auto, home, dwelling fire, builder's risk) to ReCasa's clients in Ohio, Illinois, Indiana, and Pennsylvania.
• National Real Estate Investors Association (National REIA)minorChannel Partner/ Reseller/ DistributorReCasa is listed as a recommended resource by the National Real Estate Investors Association. National REIA connects real estate investors with resources, education, and financing partners. The association provides a platform for ReCasa to reach its target customer base of real estate investors.
• Central Indiana Real Estate Investors AssociationminorChannel Partner/ Reseller/ DistributorReCasa is listed as a recommended resource by the Central Indiana Real Estate Investors Association, providing financing options to Indiana-based real estate investors within ReCasa's lending footprint.
• Cincinnati Real Estate Investors Association (Cincinnati REIA)minorChannel Partner/ Reseller/ DistributorReCasa is listed as a recommended resource by Cincinnati REIA, connecting local real estate investors with ReCasa's 100% purchase and rehab loan program.
• Diversified Investors GroupminorChannel Partner/ Reseller/ DistributorReCasa is listed as a recommended resource by Diversified Investors Group (DIG), an investor association serving the regional market within ReCasa's lending footprint.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Roc Capital: Roc Capital is a direct private/hard money lender offering fix-and-flip, rental, and new construction loans to residential investors. Like ReCasa, it operates a relationship-driven model serving small-balance investors, but with broader geographic coverage and faster tech-enabled processing.
• CoreVest Finance: CoreVest Finance, a Redwood Trust company, finances residential real estate investors and small rental operators via bridge and rental loans. It directly competes with ReCasa in the 1-4 unit investor financing segment but is institutionally funded and operates at much greater scale.
• Kiavi: Kiavi (formerly LendingHome) is a leading tech-enabled lender providing bridge and rehab financing to residential real estate investors. It competes head-to-head with ReCasa in the fix-and-flip space but operates nationally with institutional capital, automated underwriting, and significantly larger loan volume.
• Patch of Land: Patch of Land is a private real estate lender focused on bridge financing for fix-and-flip and rental investors purchasing 1-4 unit residential properties, directly comparable to ReCasa's core product but with broader geographic reach and a marketplace-style funding model.
• Groundfloor: Groundfloor is a real estate crowdfunding and lending platform that finances fix-and-flip loans for individual investors. It targets the same borrower profile as ReCasa (small-balance residential rehab investors) but funds loans via retail investors rather than balance-sheet capital.
• Visio Lending: Visio Lending (formerly known as Colony American Finance) specializes in rental portfolio financing for single-family and small multifamily investors. It complements ReCasa's investor finance focus but skews toward stabilized buy-and-hold rental rather than rehab financing.
• Lima One Capital: Lima One Capital, now part of Pretium Partners, specializes in rehab, rental, and new construction financing for single-family and small multifamily investors. It offers similar purchase-plus-rehab loan products as ReCasa but at materially larger scale with securitization capability.
• Concierge Lending Group: Concierge Lending Group is a direct hard money / bridge lender focused on fix-and-flip and rental loans for residential investors, with comparable deal sizes and a relationship-driven origination model similar to ReCasa's approach.

Broad incumbents

• Angel Oak Mortgage Solutions: Angel Oak Mortgage Solutions is a non-QM and investor-focused residential lender offering a wider portfolio of loan products. While broader than ReCasa's niche, it competes for similar residential investor borrowers and overlaps with rehab/bridge financing offerings.
• Newfi Wholesale: Newfi is a non-QM and investor-focused mortgage lender offering DSCR, bank statement, and investor loans. It overlaps with ReCasa's investor borrower base but operates through a wholesale broker channel and offers more product breadth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks2 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ReCasa