This repeat borrower came to Asset Based Lending for a cash out refinance and new construction loan to build a luxury cabin in a highly desirable area of the Smoky Mountains. Having successfully completed many similar projects in the past, ABL extended a loan amount of $1,350,000. The finished cabin is 5,000sq ft and features 6 bedrooms, 7 bathrooms, and many luxury amenities such as an indoor pool, game room and large wrap around porch. The project is listed for sale at $3M.
