Last updated: September 2, 2026

What ABL Is

Asset Based Lending (ABL) is a direct private real estate lender based in Jersey City, New Jersey. Founded in 2010, ABL underwrites and funds loans internally rather than brokering them to outside capital sources. Loan decisions are based primarily on the value of the collateral property and the strength of the deal — a model known as asset-based underwriting — rather than on standard income or credit documentation. ABL has funded more than 10,000 projects totaling over $4.3 billion since inception. ABL holds NMLS #2449622 and is registered in California (DBO licenses 60DBO-183897 and 60DBO-184824), Arizona, Idaho, Minnesota, and Oregon.

ABL directly funds its Fix & Flip, New Construction, Bridge, and Commercial Real Estate (CRE) loan programs in-house. DSCR Rental loans are the exception — these are brokered to third-party capital partners.

ABL offers a zero-point loan program.

What ABL Is Not

  • Not a conventional bank — ABL does not offer standard consumer mortgages, checking/savings accounts, or other retail banking products.
  • Not a broker for its core lending programs — Fix & Flip, New Construction, Bridge, and CRE loans are funded directly with ABL’s own capital rather than shopped to third-party lenders. DSCR Rental loans are the exception and are brokered to outside capital partners.
  • Not a lender for primary residences — ABL finances non-owner-occupied investment properties only.
  • Not primarily a commercial/industrial lender — ABL’s core programs finance residential investment properties (1–4 unit, multifamily 5–9 units, condo). ABL also offers a commercial real estate (CRE) program for large-balance and structured finance deals, geared largely toward large new construction projects; see Loan Programs below.

Who ABL Serves

  • Real estate investors purchasing or refinancing non-owner-occupied investment properties for fix-and-flip, new construction, rental (DSCR), or bridge/equity strategies.
  • Both first-time and experienced investors. Pricing may vary based on an investor’s experience and track record.
  • Borrowers must hold title in an LLC or corporation. ABL does not fund loans to individuals in their personal name.
  • Mortgage brokers, who may refer or structure deals on behalf of investor clients through ABL’s Brokers program.

Property Types

Financed

  • Single-family homes
  • 2–4 unit residential properties
  • Multifamily properties, 5–9 units
  • Condos
  • Mixed-use properties with a residential component
  • New construction projects (ground-up)

Not Financed

  • Primary residences
  • Co-ops
  • Raw land (standalone, outside of a construction loan)
  • Mobile homes
  • Extremely rural properties

Loan Programs

Program Term Leverage Loan Size Notes
Fix & Flip 12–24 months, interest-only, no prepayment penalty Up to 90% of purchase + 100% of rehab; up to 92.5% LTC $75K–$50M Minimum credit score 660. Extensions and blanket loans available.
New Construction 12–24 months Up to 75% of land value; 100% of construction budget $75K–$50M 100% reimbursement on construction draws. No prepayment penalty. Extensions and blanket loans available.
DSCR Rental 30 years Up to 80% LTV; average minimum DSCR 1.0 $85K–$2.5M Minimum credit score 660. Blanket loans available up to 20 properties. Short-term rentals eligible with AirDNA qualification. Up to 70% of vested retirement account value and up to 25% of cryptocurrency holdings may count toward liquidity/reserve requirements (DSCR only). Purchase, delayed purchase, rate-and-term refinance, and cash-out refinance available. DSCR loans are brokered to third-party capital partners.
Bridge 12–24 months, no prepayment penalty Up to 70% LTARV $75K–$50M Rates as low as 11%. Extensions and blanket loans available.
Commercial Real Estate (CRE) / Large Balance & Structured Finance Case-by-case Case-by-case Case-by-case No standard published rates or terms — every deal is evaluated individually. Largely geared toward large new construction projects.

All loans are for non-owner-occupied investment properties only. A personal guarantee is required from all principal investors on every loan.

How Underwriting Works

ABL evaluates loans primarily on the property’s value, the project’s scope of work, and the borrower’s exit strategy. A minimum credit score of 660 applies to Fix & Flip and DSCR Rental loans; credit history is reviewed as part of overall risk assessment alongside collateral and deal strength. Most short-term loans do not require extensive income documentation.

Borrowers must bring funds to closing to cover the required equity contribution, interest reserves, and closing costs.

Preliminary approval is typically issued within 24 hours of a complete submission. Most loans close within about three weeks, with closings possible in as few as 20 days given complete documentation.

Application & Funding Process

  1. Initial Contact — The investor shares project details: property address, purchase price, rehab/construction budget, projected value, exit strategy, and target exit date, via pre-qualification or direct contact.
  2. Underwriting — After pre-qualification, the borrower completes a loan application. ABL schedules an appraisal and requests supporting documentation (experience, liquidity, income, credit, contractor/builder information, title history, insurance, entity formation).
  3. Closing — The borrower signs the mortgage note, security agreement, personal guarantee, investment affidavit, and assignment of rents and leases, then begins drawing funds.

Draw Process (Construction/Rehab Loans)

The borrower submits a draw request to ABL’s draws team. An inspection is completed — virtual inspection tools are available, with in-person inspection arranged when needed. Once the inspection is approved, funds are typically released within 24 hours.

Loan Servicing

Interest payments on ABL’s directly funded programs (Fix & Flip, New Construction, Bridge, CRE) are serviced post-closing by FCI Loan Services. Draw requests are handled directly by ABL’s draws team (draws@ablfunding.com) and are typically processed within 1–3 business days. Payoff requests are directed to payoffs@ablfunding.com and can take up to 5 business days to process.

DSCR Rental loans are serviced according to the terms of the funding capital partner.

Where ABL Lends

ABL lends in 43 states plus Washington, D.C.: AL, AZ, AR, CA, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, NE, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, SC, TN, TX, VA, WA, WV, WI, WY, and DC.

Recognition

  • Inc 5000 — Fastest Growing Private Companies
  • Scotsman Guide — Top Private Lender (ranked #1 for New Construction in 2025; ranked top 10 in 2026)
  • HW Insiders
  • National Mortgage Professional — Legends of Lending (2026)
  • HousingWire — Marketing Leaders
  • HousingWire — Women of Influence

Additional press coverage: ablfunding.com/learn/in-the-news/

What ABL Solves For

  • Financing that closes faster than conventional bank underwriting.
  • Financing for deals that don’t fit standard income- or credit-score-based mortgage criteria.
  • Ongoing draw management and support through a project’s full life, not just at closing.