East Hartford Hard Money Lender

East Hartford Hard Money Lender

In the East Hartford real estate market, grabbing properties before your competition is essential for making the best deals. Although real estate investors sometimes go the traditional route and seek bank loans, the process is anything but speedy.

When time is of the essence, waiting for the lengthy process of getting approval is not an option for most investors. East Hartford hard money lenders specialize in providing hard money loans which provide quick funds to investors. These loans are for a non owner occupied property or in some cases for business purpose loans.

East Hartford Hard Money Lender FAQ’S

Below are some of the most frequently asked questions we get regarding hard money loans and lenders in East Hartford.

What Do East Hartford Hard Money Lenders Specialize in?

East Hartford hard money lenders specialize in providing short-term, creative financing for real estate investors. If you seek a conventional lender to purchase an investment property, your loan request will be based on the property’s value and your assets. Your credit score, job, and finances will be scrutinized intensely.  Hard money lenders base their final loan decisions on the after-repair value. The ARV represents the potential value of a property after all repairs have been accomplished.

What are the Benefits of East Hartford Hard Money Loans?

East Hartford hard money loans offer advantages that traditional banks cannot. Lenders like Acamnet Financial offer a higher level of flexibility than banks.  When qualifying for this type of loan, lenders do not delve too deeply into the finances of real estate investors. In most cases, simply present the property and your plans, which saves you the hassle of gathering countless financial documents.

Do East Hartford Hard Money Lenders Look at my Credit Score?

One of the greatest benefits of working with East Hartford hard money lenders is the lack of credit score requirements. One of the first things a bank does is check your credit score.  You can get approved for a hard money loan in East Hartford even if you have bad credit or poor credit, bankruptcies, and foreclosures in the past. East Hartford Hard money lenders primarily care about the property you are purchasing.

What is the Interest Rate & Points for Hard Money Loans in East Hartford?

Interest rates for hard money loans in East Hartford are typically higher than traditional bank loans (conventional loans) because of the greater risk lenders must take on when approving loans. When searching for a hard money lender near me in East Hartford, you will find average interest rate is between 8%-15%.  You should also be aware that lenders sometimes charge points that are meant to offset their administrative costs. Each point represents 1% of the total loan amount.  The average points lenders charge is between 1 to 3. Some lenders may charge up to 10 points. These points are due upfront or at closing, depending on the lender.

What Should I Look for in an East Hartford Hard Money Lender?

There are many benefits to working with an East Hartford hard money lender.  You just need to make sure you are working with the right lender.  You can rely on Acamnet Financial Group when you need us most.  We offer reliability, consistency, experience, and support.  As a real estate investor, you know the importance of grabbing the best property deals when they become available.

How can Hard Money Lenders in East Hartford Help Me?

Whether you are new to real estate and real estate projects or an old pro, you know having the capital to purchase real estate is essential. Without funds, you will miss out on real estate transactions.  When you partner with hard money lenders in East Hartford, you will quickly get the money you need without jumping through the hoops of traditional bank lenders.

How do I get a Hard Money Loan in East Hartford?

When you want a hard money loan in East Hartford, begin by preparing the property information. Location, size, purchase price, after repair value, repair costs, etc.  In most cases, the financing will be based on these numbers.  Then, apply for a hard money loan in East Hartford using this information and supply some financial information.  Then, an appraisal will be ordered to assess the loan-to-value ratio, which will influence the loan amount.

How do I Refinance an East Hartford Hard Money Loan?

Refinance an East Hartford hard money loan will involve moving from a high interest, short term loan to a longer term, usually lower interest rate loan. Typically a conventional type of loan.  When refinancing an East Hartford hard money loan you will find it will have a more stringent set of guidelines.  You will need to have sufficient credit and income qualifications.  As the lending landscaping and regulations constantly change, you want to consult a knowledgeable conventional loan expert.

Here’s other cites we can help with in Connecticut: Hard money loans in Connecticut

Current Real Estate Trends In East Hartford (2024)

The real estate market in East Hartford, CT, is exhibiting some noteworthy trends that are affected by multiple elements. Figures indicate that the median home value in the area is $254,894, with a growth rate of 10.8% over the previous year. This suggests a market that is flourishing and constant.

The median time to pending sales is 7, depicting a fast-paced market where properties are being sold promptly.

Examining different neighborhoods in East Hartford reveals discrepancies in home values, with regions like Keeney having a greater median ($365,383) and Spencer having a lower median ($125,165).

The rental market also plays a major role in the real estate market, with an average apartment rent of $1,376 and a rental vacancy rate of 4.8%. These patterns point to a healthy and dynamic real estate market in East Hartford, presenting prospects for both buyers and sellers.

Housing Market

The East Hartford, CT housing market has seen an impressive rise in average home values, with a 10.8% year-on-year growth. This signals a promising outlook for local homeowners.

The surge in home values is due to a variety of factors, such as sound economic conditions, attractive amenities, and a strong real estate market.

The median days to pending for East Hartford homes is only 7, indicating a swift market.

This presents a great opportunity for homeowners to make the most of current market conditions and work with top real estate agents to sell their houses quickly and for more money.

Selling Your House

Optimizing the sale of your property in East Hartford requires effective strategies and factors that influence the housing market. Working with top real estate agents who are familiar with the local market could result in selling your home faster and for a higher price. Timing your listing with the best and worst months to sell based on housing market data can create more exposure and attract more buyers. 

Knowing the real estate commission costs is vital to determine the profitability of your sale. Taking advice from America’s top agents can help you make informed decisions and increase your chances of a successful sale. Examining the rental market and the characteristics of renter-occupied housing units in East Hartford is also important.

Housing Tenure

Renters form a large part of the housing market in East Hartford, Connecticut, providing several tenure options for individuals and families. East Hartford has 7,833 tenant-occupied dwellings, comprising 42% of the real estate market. The rental vacancy rate in East Hartford is 4.8%, suggesting a relatively steady rental market.

The median number of rooms in rented dwellings is 3.9, and the average family size is 2.43. The median earnings of tenants is $33,501. The distribution of rented dwellings by the number of bedrooms shows that the most significant portion of rentals, 42%, have 2 bedrooms.

The distribution of tenant-occupied dwellings by the age of the householder reveals that renters in different age groups inhabit various units, with the greatest number of dwellings occupied by householders aged 35-44.

The presence of tenants in East Hartford contributes to the diversity and accessibility of housing options in the area.



All About East Hartford

Welcome to East Hartford, a town full of history, a diverse economy, and a lively community. Situated on the Connecticut River, East Hartford offers plenty of job and recreational opportunities.

The town is home to Pratt & Whitney headquarters as well as a Coca-Cola bottling plant, making it a thriving business hub. You can find suburban and industrial office parks, as well as outdoor spaces such as Great River Park and Wickham Park for enjoying nature.

You can explore the town’s past through its records and archives, dating back centuries. Education is a priority in East Hartford, with a variety of schools and colleges providing educational opportunities for its people.

You can also enjoy cultural attractions like museums, theaters, and art galleries. With convenient transportation links and access to nearby cities, East Hartford is an ideal place for work and leisure.


East Hartford is a town of economic prosperity, largely due to the presence of the Pratt & Whitney headquarters and manufacturing plant. The headquarters, part of the Raytheon Technologies conglomerate, is located on Main Street and the manufacturing plant employs 7,621 workers. In addition to Pratt & Whitney, a Coca-Cola bottling plant has been established in East Hartford, providing even more economic opportunities to the area.

The development of industrial and suburban office parks has been spurred by the presence of major corporations in East Hartford, offering a variety of employment choices and contributing to the town’s economic stability. Furthermore, the former Pratt & Whitney airfield has been transformed into Rentschler Stadium and Cabela’s, which bring in visitors from both within and outside of East Hartford, generating revenue for local businesses.

East Hartford’s thriving economy has allowed for the construction and maintenance of several recreational facilities and open spaces. These parks provide a place for relaxation and leisure activities, with a variety of amenities available. Moreover, the town’s economy has enabled the development of a variety of arts and cultural programs, allowing residents to come together and enjoy the beauty of their town.

Parks and Recreation

East Hartford is a beautiful city located along the Connecticut River. From Great River Park to Wickham Park, visitors have plenty of outdoor activities to enjoy.

Great River Park is a riverside destination ideal for walks, bike rides, and picnics.

Wickham Park, located in both East Hartford and Manchester, has a selection of gardens, fountains, open fields, woodlands, and ponds. During the winter, its popular sledding hill is a great place for families and friends to have some fun.

There is Pratt & Whitney Stadium at Rentschler Field, which hosts various sporting events and concerts throughout the year.

The area also boasts stunning views of the Connecticut River and the Hartford skyline. People can take a stroll along the riverfront and admire the cityscape from a high vantage point. The natural beauty of the area is sure to captivate anyone who visits.

History and Traditions

Immerse yourself in the rich tapestry of history and traditions that have shaped this vibrant Connecticut town. East Hartford has a deep historical significance dating back to the 18th century and is proud of its heritage. You can explore a wealth of historical records and archives, including the Burnham family genealogical records, which provide a fascinating look into the past.

A significant landmark representing East Hartford’s history is Rentschler Field. Dedicated in 1931, it is a reminder of the town’s strong connection to aviation and industry. Rentschler Field has gone through remarkable transformation – from an airfield to the impressive Pratt & Whitney Stadium – demonstrating East Hartford’s capacity to embrace the changing times while still respecting its roots.

Geography is also an important part of East Hartford’s history. Positioned on the banks of the Connecticut River, East Hartford not only offers stunning views of the river and the Hartford skyline, but it also provides a diverse geography with parks, open fields, and other natural beauty, creating a blend of past and present.


Explore the diverse geography of vibrant Connecticut town East Hartford, where stunning views of the Connecticut River and the Hartford skyline blend seamlessly with parks, open fields, and natural beauty. Situated in Hartford County, this area is known for its picturesque landscapes and scenic views.

Great River Park gives you the chance to take in the beauty of the river, while Wickham Park is a sprawling green space with Oriental gardens, fountains, and open fields. During winter, the park’s popular sledding hill provides a fun-filled activity for everyone.

East Hartford is full of geographic features that contribute to its charm. In terms of demographics, the town’s scenic views of the Connecticut River and the Hartford skyline create a picturesque backdrop for the community.


In East Hartford, Connecticut, education is highly valued and a wide range of educational institutions and opportunities are available to residents. Schools and colleges in the area provide quality education to students of all ages. The town has invested in its schools, ensuring students are given a strong foundation for their future.

Younger students have access to a number of public and private schools which focus on academic excellence and personal growth in a nurturing environment. Additionally, the town has a strong commitment to early childhood education, with resources dedicated to preparing young learners for success.

Those looking for higher education can study various fields close to home thanks to the convenient location of several colleges and universities. Residents have the opportunity to further their knowledge and skills without having to travel far.

East Hartford values lifelong learning and offers educational opportunities to all ages. Community education programs, adult learning centers, and vocational training are available to people of all ages, providing them with the tools needed to succeed and contribute to the local atmosphere.