Mortgage lead for Commercial loan in East Hartford, CT, 06108

Date Posted

5/20/2026 7:48:18 AM

Property at

East Hartford, CT, 06108, USA Show Map

Borrower at

Property Type

Commercial

Property Value

$1,600,000

Amount of Existing Loans

$800,000

Loan Request

$1,100,000

LTV

68.75 %

Credit Rating

700-719

Net Worth

$500,000 - $1,000,000

Loan Purpose

Refinance all

Purpose

I’m requesting a $1,120,000 business‑purpose refinance on my non‑owner‑occupied Class B commercial property at 508 Tolland Street in East Hartford, CT. The property is currently valued around $1,600,000, and this refinance will pay off the existing $800,000 loan while positioning the asset for stronger long‑term performance.

For you as the lender, this is a straightforward, equity‑backed opportunity at a 70% loan‑to‑value, secured by a stabilized commercial property in an established market. By consolidating and refinancing, I’m improving the property’s overall debt structure and creating cleaner financing terms, which directly supports consistent on‑time payments.

I maintain solid credit (700–719) and manage my finances responsibly, with manageable monthly expenses relative to income. This loan is designed to be low friction and low drama: a clean refinance on a quality property, with meaningful collateral coverage that helps protect your principal while delivering dependable yield.

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Loan Request for Commercial loan in East Hartford, CT, 06108