massachusetts hard money lenders

Hard Money Lending Massachusetts

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Susan Botros
Vice President of Sales
Prior to joining the ABL team, Susan worked as a lending consultant for a couple of large banks where she focused on commercial financing. Susan believed that working for a lender of that size caused the process to become disjointed, and lacked any human touch - which is where ABL came in. At ABL, things are different. Susan enjoys building  in-depth relationships with her investors, and the flexibility to build a best-fit loan package for each individual borrower. Susan has been a student of real estate her entire life as a part of her family business, and holds a bachelor's degree in finance and marketing. Susan is also bilingual, speaking both English and Arabic.
Susan Botros Asset Based Lending
Susan Botros
Vice President Of Sales
(201) 942-9089sales@abl1.netView Bio
Zak Blechman
Loan Officer
After graduating from the University of South Carolina with a BS in Economics & Operations Management, Zak took on the role of Operations Manager & National Sales Executive for a premier manufacturer and distributor of Fire & Sprinkler products. It was during his time there that Zak honed his organizational and client relationship building skills, and discovered his interest in real estate. Wanting to align himself with a company in the real estate field that aligned with his core values, Zak sought out ABL after meeting other team members at a local meetup. As one of the Loan Officers responsible for the New Jersey lending area, Zak appreciates the ability to work with motivated investors across various backgrounds and experience levels that help him learn something new every day. When you work with Zak, you receive attention to detail, creative deal structures, and a partnership that helps grow your business.
Zak Blechman
Zak Blechman
Loan Officer
(201) 942-9089sales@abl1.netView Bio

Fix and Flip, New Construction, Cash Out/Refinance

Asset Based Lending, LLC (ABL) is a private, hard money lending company primarily servicing the Boston Metropolitan area. As a direct lender, we work with real estate investors in eastern Massachusetts, and are currently lending in Suffolk, Norfolk, Essex, Middlesex, and Plymouth counties. Our experience and capabilities make us one of the best hard money lenders in MA.

We provide 12-month, interest-only bridge financing for the following programs: Fix and Flip, New Construction, and Cash Out/Refinance.

Private Money Lenders In Massachusetts

At ABL, we provide asset-based loans to beginners and experienced investors for non-owner-occupied residential real estate that is being purchased, renovated and rehabbed. In addition, ABL offers competitive New Construction loans to experienced investors.

With a dedicated loan officer servicing the state of MA, coupled with the local relationships we have established with service providers in your area, ABL can arm you with a real estate team of community businesses to support your project.

Prequalify Today

Prequalify for your loan today or call us at (201) 942-9089. Preliminary approval within 24 hours. Get started on your next project with the best source for Massachusetts hard money loans:

 

ABL Lends in:Suffolk, Norfolk, Essex, Middlesex, Plymouth
Our Massachusetts Hard Money Lending Areas
Success Story
Boston hard money lender
Reliable Hard Money Lenders

Fast Fix And Flip Financing

It takes talent to be able to spot a problem property and envision how to transform it into a beautiful, sale-ready home. It also takes money to acquire the property and do the rehab work. Home fix and flip loans are the link to profitability and leverage in this scenario, and these real estate investor loans have always been a primary focus for ABL. As hard money lenders in Massachusetts, we primarily provide 12-month loans to experienced investors and professionals, but we do lend to qualified first-time borrowers as well.

Speed is critical to capitalizing on incredible investment opportunities, and ABL provides financing solutions that typical lending institutions cannot. We can close in three to four days if all of the paperwork is in order, and the average closing time is 10 days for our loans — which cover up to 90 percent of the purchase price and 100 percent of the rehab costs. Click on the Fix and Flip link above for more details about rates and requirements for home fix and flip loans.

New Construction

Seasonal and market conditions can dictate a need for quick and flexible underwriting for new construction as well. ABL provides new construction loans when conventional financing is not the right answer. New construction loans are available only to experienced investors, contractors and builders, who typically can borrow up to 60 percent of the land value and 100 percent of the construction costs.

While our underwriting criteria for construction loans are flexible, with no minimum credit score requirements, borrowers can be sure of our faith in them because we won’t fund a loan if our experience doesn’t convince us that everyone involved in the deal will profit. Click on the New Construction link above for more details about rates and requirements for these 12-month loans.

Why Choose ABL?
We are a Local Lender
We are a Local Lender
  • We understand your local real estate conditions
  • We use local appraisers, title agents and closing attorneys
We are a Direct Lender
We are a Direct Lender
  • We use our in-house money to fund your loans
  • We directly control our approvals and closings
We are Reliable and We Close Fast
We are Reliable and We Close Fast
  • Preliminary approval in 24 hours
  • Close in 7-10 days
We Manage the Draw Process Efficiently & Quickly
We Manage the Draw Process Efficiently & Quickly
  • We help create and approve your draw schedule
  • We use local inspectors to assess your progress
  • We quickly release your funds when an inspection is approved

Asset Based Lending, LLC was founded in 2010 and is a leading local source of hard money in the residential real estate market. We have consistently received praise from our borrowers who emphasize our quick, hassle-free closings, favorable terms, and creative financing solutions.

Fill out our Pre-Qualification form to start the process.

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