Mortgage lead for Commercial loan in Memphis, TN, 38116

Date Posted

8/17/2026 6:13:58 PM

Property at

Memphis, TN, 38116, USA Show Map

Borrower at

Property Type

Commercial

Property Value

$640,000

Loan Request

$250,000

LTV

39.06 %

Credit Rating

680-699

Loan Purpose

Refinance all

Purpose

For direct Lenders only:
My Client is requesting a $250,000 business-purpose refinance on a non-owner-occupied commercial property at 1722 Winchester Road in Memphis. The property is estimated at $640,000 and is a solid Class B asset, which keeps this opportunity conservative for a lender.

With an LTV of roughly 39%, your loan would be strongly protected by equity from day one. This refinance will allow me to restructure the property’s financing into one clean, stable loan, improve cash flow, and position the asset for long-term performance without taking on excessive leverage.

Credit falls in the 680–699 range, and my personal budget is manageable, with approximately $6,400 in monthly income against about $1,500 in expenses. From a lender’s perspective, this is the kind of deal where the collateral does the heavy lifting—low leverage, a straightforward business purpose, and a commercial property that supports a reliable, low-risk lending position.

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Loan Request for Commercial loan in Memphis, TN, 38116