201-942-9089 info@abl1.net

Hard Money Loan Programs

Our hard money loan programs are structured to meet your needs, regardless of what type of investor loan you’re looking for. As one of the premier hard money lenders for beginners and real estate investors, our borrowers rely on us to quickly finance their real estate deals and help them grow their business.

Fix & Flip
New Construction
Cash Out Refinance
Rental Property Loans
Program Description

Purchase and rehab of 1-6 family residential or mixed use properties.

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Land acquisition & construction or rebuild of existing property.

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Cash Out on or Refinance of 1-4 family residential or mixed use property.

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Permanent refinance and/or cash out on rental properties.

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Experience LevelAnyHighAnyAny
Credit Score660660680660
Interest Rate9.99%-15%9.99%-15%10%-15%6.875% - 9%
Eligible For
0-Point Option?
Advance Rate
on Purchase
or New Construction Funding
Advance Rate on
Current Value
N/AN/AUp to 75%Up to 80%
Loan % to After
Rehab Value
65% – 75%60% – 75%N/AN/A
Property TypesSingle Family, Multi Family, Mixed UseSingle Family, Multi Family, Mixed UseSingle Family, Multi Family, Mixed UseSingle Family, Multi Family, Mixed Use
Pre-Payment PenaltyNoNoNoNo
Extension AvailableYesYesYesNo
Cross Collateral /
Blanket Loans
Loan Size$75K - $3.5M$100K to $3.5M$100K - $3.5M$100K And Up
Loan Terms12 Months12 Months12 Months30 Year Amortization

*Final rates vary based on verification of application information, loan type, and other risk factors.

Found an investment property and interested in applying for a loan?

The East Coast’s Best Hard Money Lender

When it comes to investment opportunities, especially fix and flip properties, Asset Based Lending knows how important it is to expedite the financing needed for your project. At ABL, we offer hard money loans for fix and flip properties and new construction projects that are tailored to fit your needs. Unlike the grueling process of bank mortgages which can take upwards of thirty days, ABL can approve your hard money financing and provide you with funds in a matter of days. With a record closing in as little as 24 hours, and an average closing time of just 7-10 days, ABL is here to quickly assist you every step of the way.

Asset Based Hard Money Lending

Given that our private money loans are based on the value of an investment property rather than the borrower’s credit, we can fund deals for borrowers who are unable to get conventional financing due to a recent foreclosure or short sale. Even with tarnished credit, a borrower can obtain a hard money loan using the value of the investment property as collateral. This makes hard money funding a great option for anyone from beginner investors with a limited credit history to experienced investors looking to free up liquidity and scale their business.

ABL funds hard money loans on single family, multi-family, and mixed-use fix and flip investment properties. Our private money loan programs don’t stop there; if you’re looking for a loan on new construction, we can provide quick financing for both the acquisition and construction of a new residential property or tear down project.

The hard money interest rates on an asset based hard money loan are usually higher than those of conventional mortgages. Average hard money loan interest rates for investing range anywhere from 9%-15%, and ABL’s competitive loan programs offer qualified investors some of the best rates in the industry. Hard money lenders typically charge higher interest rates due to the greater risk associated with these loans, and the incredible speed in which they are able to process and fund transactions. Hard money loans are a very strong tool for investors who need to move quickly. These short term (usually 12 months) loans are the perfect opportunity to aid any investor in developing their success.