“Asset Based Lending, LLC is a Hoboken, New Jersey hard money lender. They specialize in financing short sale residential properties, REO properties and distressed home sales. They offer a variety of construction and rehab loans for non-owner occupied properties. With a special focus on lending in New York, New Jersey, Pennsylvania, Maryland, Virginia, Connecticut and Washington D.C., they offer quick approvals, easy closings, no hidden fees and reliable, professional and flexible services.

Asset Based Lending, LLC also loans on mixed-use commercial properties, multi-family buildings and new residential construction. Their loan terms include 12 months interest only, no pre-payment penalties, up to 65-percent ARV, 100-percent rehab funding and loans from $75,000 to $1 million. They require first mortgage lienholder position and necessary loan documentation from the borrower and on the property. ”