Pennsylvania hard money lending company

Hard Money Lending Pennsylvania

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Anthony Altieri
Vice President of Sales
Anthony Altieri is the newest Vice President of Sales for ABL.  With over 20 years of diverse experience in Asset Based Lending & Commercial Financing, he brings a wealth of knowledge and experience to the team. Anthony previously worked for a top-tier Asset Based Lending firm in New York City where he developed a reputation as an accomplished sales and marketing leader with a consistent track record for providing superior service.  He has spent his career building, managing, and cultivating the relationships that allow him to drive revenue through reputation, referrals, and trust. Anthony has worked in all facets of the hard money lending business - from broker to lender and even investor. This experience allows him to fully understand the entire life cycle of any transaction he works on, and he leverages this understanding to benefit his borrower in any way possible. Anthony graduated from The University of Maryland with a degree in Finance and lives in Saddle River, NJ with his wife and two children.
Anthony Altieri Hard Money Lender
Anthony Altieri
Vice President of Sales
(201) 942-9089sales@abl1.netView Bio

Private Hard Money Lenders In Pennsylvania

Asset Based Lending, LLC (ABL) should be your first choice when it comes to private, hard money lending.  As a direct lender, we work with real estate investors in Eastern Pennsylvania, from Allentown to Philadelphia.  We are currently lending in Delaware, Philadelphia, Chester, Montgomery, Bucks, Berks, Lehigh, and Northampton counties. We provide asset based loans to beginners and experienced investors for non-owner occupied residential real estate that is being purchased, renovated, and rehabbed.

With a dedicated Loan Officer servicing the state of PA, 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.

We provide twelve-month, interest only bridge financing for the following programs:

ABL Lends in:Berks, Bucks, Chester, Delaware, Lehigh, Montgomery, Northampton, Philadelphia
Pennsylvania Hard Money Lending Areas
Success Story
PA hard money lender
Quick-Close Hard Money Loans In Pennsylvania

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 – and it takes money to acquire the property and do the rehab work. Property fix and flip loans are the link to profitability in this scenario, and these real estate investor loans have always been a primary focus for ABL. 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 loan programs 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 is flexible, with no minimum credit score requirements, borrowers can be sure of our faith in them because we won’t issue 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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