Maine’s Experienced Investors Deserve the Best Hard Money Lender for Construction

Investing in new construction projects offers dynamic opportunities that require substantial planning and specialized funding. Asset Based Lending provides tailored construction loans in Maine designed specifically for residential investment properties across the state. Our decade of experience enables us to create streamlined funding processes—from initial closing through systematic draw management—ensuring you access capital precisely when needed for your project milestones.

Our expert team simplifies the complexity of construction financing with our accelerated approval process. We deliver decisions in as little as 24 hours and complete funding in 10 days or less, significantly faster than traditional lenders. Contact our Maine construction loan specialists today to match your next building project with our flexible financing solutions that adapt to your specific investment requirements.

  • Local New England team
  • Home of the Zero-Point Loan
  • Close in 2 weeks or less
  • Fix & Flip or Fix & Hold
  • UP to 90% LTC
  • 100% renovation financing
  • Rates as low as 9.99%
  • Direct balance sheet lender

Close in 10 Days or Less
Rates Start as Low as 9.99%

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Maine New Construction Market Dynamics and Financing Solutions
Strategic Financing Options for Maine New Construction Projects
Investors Trust ABL New Construction Loans for Investment Property in Maine

Maine New Construction Market Dynamics and Financing Solutions

Maine’s residential construction sector presents exceptional opportunities for developers and investors, driven by a critically low one-month housing supply—significantly below the three-month threshold considered essential for market equilibrium. This substantial inventory deficit, coupled with escalating demand for homeownership across Maine’s metropolitan and suburban corridors, creates ideal conditions for strategic deployment of construction loans in Maine. Experienced developers utilizing specialized construction financing can accelerate project timelines, capitalize on market imbalances, and systematically develop multiple properties to meet this persistent demand. Asset Based Lending’s construction loans in Maine offer comprehensive funding solutions tailored specifically for ground-up development projects, enabling investors to secure sites and commence construction rapidly in competitive acquisition environments.

The current construction landscape presents distinct challenges beyond those typically encountered in rehabilitation projects, particularly regarding material cost volatility and supply chain disruptions affecting critical building components. Effective financial structuring through optimized construction loans in Maine becomes increasingly crucial as builders navigate these market complexities while maintaining profit margins. ABL’s specialized construction financing programs incorporate flexible draw schedules, competitive interest rates, and loan-to-cost ratios that accommodate evolving project requirements throughout the development cycle. For investors seeking to diversify their portfolios beyond construction into income-producing assets, ABL also offers sophisticated DSCR loans in Maine for long-term rental property financing, creating seamless capital solutions across the investment spectrum. Contact our Maine construction lending specialists to discuss customized financing options for your development projects.

Strategic Financing Options for Maine New Construction Projects

The surge in real estate development activity across Maine has created substantial demand for specialized construction loans, yet many investors discover that conventional financing channels present significant barriers to entry. Traditional banking institutions typically maintain conservative underwriting parameters for construction loans in Maine, implementing stringent qualification criteria, requiring extensive documentation, and imposing lengthy approval timelines that impede development momentum. While private capital sources offer increased flexibility, they frequently lack the institutional infrastructure and systematic draw distribution mechanisms essential for efficiently managing complex construction projects. Hard money lenders bridge this critical financing gap by providing construction loans in Maine that combine institutional reliability with streamlined approval processes and customized loan structures tailored to specific project parameters.

Asset Based Lending delivers comprehensive construction financing solutions specifically designed for Maine’s development landscape, offering the optimal balance between conventional banking security and private capital flexibility. Our specialized hard money loans for construction projects feature accelerated underwriting protocols, transparent fee structures, and systematic construction draw schedules that ensure predictable capital deployment throughout the development lifecycle. With construction loans ranging from $100,000 to $3.5 million and loan-to-cost ratios of up to 90%, ABL provides the financial infrastructure necessary for executing profitable development projects across Maine’s competitive markets. This strategic financing approach allows developers to focus exclusively on construction quality and timeline management, while eliminating the capital distribution uncertainties that frequently compromise project outcomes and anticipated returns on investment.

Investors Trust ABL New Construction Loans for Investment Property in Maine

When it comes to fast and reliable funding, Maine real estate investors know to trust Asset Based Lending. Our track record speaks for itself, with more than half of our borrowers returning for repeat business and over $1 Billion in loan origination since our company’s inception. We have fully in-house teams for the entire loan process, providing you a five-star service from start to finish. ABL approves loans as fast as 24 hours and closes loans as quickly as two days with the appropriate paperwork. This doc-light approach to new construction financing lets real estate investors scale their business faster than ever and with zero headaches.

With the Maine real estate markets continuing to thrive and low housing inventory plaguing the most popular markets, now is the perfect time for builders and developers to take advantage of outside financing. By using hard money capital to fund their projects, they can move quickly and use the current market conditions in their favor. ABL insists on a transparent lending process with no pre-payment penalties or hidden fees, so you keep more of your money. Contact us today to be approved for your Maine new construction loan.

Explore How We Work in Maine

Our Promise to You

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Fast Processing

Get preapproved within 24 hours and close in as few as 3 days. We understand you need to move fast, and by working with a direct lender like us who requires minimal paperwork, you can.

Zero Points Required

Get preapproved within 24 hours and close in as few as 3 days. We understand you need to move fast, and by working with a direct lender like us who requires minimal paperwork, you can.

Local Expert Support

Get preapproved within 24 hours and close in as few as 3 days. We understand you need to move fast, and by working with a direct lender like us who requires minimal paperwork, you can.

Proven Reliability

Get preapproved within 24 hours and close in as few as 3 days. We understand you need to move fast, and by working with a direct lender like us who requires minimal paperwork, you can.

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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 experise 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.