As a hard money lender, I understand time value of money. That is why ABL offers real estate investors a two day streamlined approval process. Once the loan is approved, I issue a commitment and can close in as little as 7 days. Post-closing, I can fund new construction loans RI in 48hrs, which keeps your project running on schedule.
A hard money lender has to be flexible, no two real estate investments are identical. My borrowers know that and come to me for the flexibility of ABL's hard money lending program. Banks and other traditional sources are check the box lenders, they simply can’t compete with our common sense underwriting approach.
I offer competitive rate and terms for experienced real estate investors. ABL's a trusted hard money lender that offers 18 month terms at no additional cost, and interest rates as low as 10% and 2 points. I charge 1 point at closing, and 1 point on repayment of the loan (payoff letter) which makes our hard money loan program ideal for brokers.