I'm Flipping

Rates as low as 8.99%

 

I'm Building

Rates as low as 9.25%

 

I'm Buying

Rates as low as 6.00%

 
 
Your Local Lender
Clayton Felt
Clayton Felt
Southeast Territory Manager, SVP
Your Local Lender
Tim Pagel
Tim Pagel
Loan Officer, VP
Your Local Lender
Nick Tierno
Nick Tierno
Head of DSCR Sales, VP

The Premier Alabama Hard Money Lender

Funding your real estate investment doesn’t have to be difficult- that’s why Asset Based Lending offers fast and simple hard money loans. As the best hard money lenders in Alabama, we provide real estate investors loans for Fix & Flips, new construction, stabilized properties, and loans for rental property. ABL uses a fully in-house team for our bridge and term programs while partnering with the best local appraisers, attorneys, and title agents in Alabama.

Local Information For Alabama Real Estate Investors

Alabama’s real estate market is experiencing record growth as companies like Google, NASA, and Amazon expand into Birmingham and Huntsville, bringing new residents and driving up property values. The state’s low purchase prices compared to national averages have attracted investors, particularly in rental properties, with Huntsville ranking tenth nationally for rental investment opportunities. Despite homeownership remaining at 69%, there’s increasing demand for luxury apartments in metro areas, creating strong returns for Fix & Flip projects with approximately 27% ROI statewide. Low inventory favors sellers, with properties receiving multiple offers and spending just 50 days on market, making quick financing through hard money lenders like Asset Based Lending crucial for investors.

Alabama Hard Money Loans for Real Estate Investors

Fix & Flip
Loans

We help Fix & Flip investors with fast financing and flexible underwriting for various rehab projects, closing loans in 10 days or less so you won’t miss potential deals. Our 12-month interest-only bridge loans offer competitive market rates, including the industry’s only true zero-point program, with funding covering up to 85% of purchase price and 100% of rehab costs. Whether you’re new to Fix & Flips or a seasoned professional, ABL is ready to finance your Alabama property investments.

  • Loan Term: 12-24 months
  • LTV: 92.5% of purchase, 100% of rehab
  • Loan Size: $75K - $50M
2 workers discussing fix and flip loan programs

New Construction
Loans

At ABL, we provide competitive hard money loans for real estate investors working on new construction projects, offering fast draw turnarounds and flexible underwriting with 12-month bridge loans covering up to 70% of land value and 100% of construction costs. We adapt each construction loan to meet the specific needs of your project, evaluating both investor experience and project viability to determine the most profitable terms. Whether you’re financing single family or multifamily ground-up construction, we’re ready to discuss your upcoming deals.

  • Loan Term: 12 - 24 months
  • LTV: Up to 75% for land, 100% for construction budget
  • Loan Size: $75K - $50M
Contractor building a house with a new construction loan

Rental
Loans

We offer simple and reliable Alabama rental loans for properties with 1-8 units or complete portfolio refinancing, with competitive rates starting at 6% and up to 80% LTV. Our flexible options include 30-year amortization, ARM, interest-only loans, single rental loans up to $3M, and portfolio loans up to $3M for investors at all experience levels. Additionally, we can use our bridge loan program to complete property rehabilitation or finance ground-up construction before refinancing into a long-term rental loan, making ABL a comprehensive solution for Alabama real estate investors.

  • Loan Term: 30 years
  • LTV: Up to 80%
  • Average DSCR: 1.0
  • Loan Size: $85K – $2.5M
Rental property funded with dscr loans

Home of the Only True Zero-Point Program

  • No Pre-Pay Penalty
  • No Exit Fees
  • Available for All Experience Levels

Alabama Real Estate Market Highlights

Median Sale Price
$281,400
Feb. 2025
Median Days on Market
73 Days
Feb. 2025
Monthly Homes Sold
3,938
Feb. 2025
Icon - Sold Above Listing
Homes Sold Above Listing Price
15.9%
Feb. 2025
Avg Fix & Flip Gross ROI
46.8%
Q3 2024
Avg Fix & Flip Gross Profit
$57,025
Q3 2024
 
 

Recently Funded

Check out some of our recent projects:

Real Reviews from Real Borrowers

 

Great experience! They always answered or returned my calls immediately and walked me through the entire process and made sure all my questions were answered. I had a couple of questions weeks after my loan closed and they still responded immediately and made sure I was taken care of. Great experience and I would highly recommend ABL.

Cindy G.

I am glad I got to know Asset Based Lending, they made funding for my construction site very simple. They have a great team of people, that would go out of their way to help. Boris has been great and very helpful, I highly recommend them for all your Construction financing needs.

Mike A.

I have had the pleasure of working with Boris Akbashev for my real estate financing needs on my last 10-15 projects, and I cannot speak highly enough of his professionalism and expertise. Boris demonstrated a deep understanding of the lending process and went above and beyond to ensure I secured the best possible terms.

John S.

Truly a pleasure having ABL on every deal! Thanks to their lending expertise and timely support and guidance throughout the process to get the best loan for my deals. I can see my company growth from 1-2 flips to numerous flips, new construction, and DSCR loan to grow my portfolio.

Pedro E.

Asset Based Lending is the place to shop for all your construction needs. Their easy funding policy, makes life so much simpler for any builder to focus on building and not be worried about financing project. Boris was supper helpful to accommodate me with all me financing needs.

Ray P.