Asset Based Lending, LLC
Transforming Neighborhoods and Building Relationships from the Ground UpPremier Direct Hard Money Lender For The East Coast
Asset Based Lending, LLC is your top choice hard money lender on The East Coast.
Since 2010, we have been funding residential and commercial real estate loans from $75k to $2 million in as little as 2 days.
Our team is comprised of knowledgeable and experienced real estate lenders here to help you get your project funded in a fast and efficient manner.
Lending Guidelines
- Amounts
- $75k - $2m
- Rates
- 9% - 12%
- LTV
- 80%
- LTC
- 85%
- Origination Fee
- 2% to 3%
- Closing Time
- 2 to 10 days
Loan & Property Types
- Loan Types
- Fix and Flip
- Bridge
- Probate
- Investment Property
- Refinance
- Cash-out
- Construction
- Property Types
- 2 to 4 units
- Multi-Family
- Condominium
- Single-Family
- Multi-Family
- Apartment Complex (5+)
Loan Parameters & Fees
- Parameters
Credit check required
Interest-only loans
Lend to forgien nationals
Owner-occupied property allowed
Will lend on purchases from auctions
Does property have to be under contract
Will provide proof of funds letter
Has pre-payment penalities
Minimum FICO score
2nd position loans
Lends on land
Lends to first time borrowers
Lends on ground-up construction
EmpireFunders, 2093 Philadelphia Pike #7979, Claymont, Delaware, 19703