Published terms, read October 29, 2026
CoreVest vs Asset Based Lending: published loan terms side by side
DSCR floor: CoreVest 0.80x, ABL 1.00x. On a $2,000 monthly payment (principal, interest, taxes, insurance and HOA), CoreVest needs at least $1,600 of rent; ABL needs at least $2,000 of rent. Below is everything else each one publishes on its own website, term by term.
The two lenders
CoreVest
Investor lender and a subsidiary of Redwood Trust, Inc., known for larger rental portfolio loans as well as single-property DSCR and bridge loans.
Asset Based Lending
Direct private real estate lender based in Jersey City, New Jersey, founded in 2010 (NMLS #2449622). It funds fix and flip, new construction and bridge loans in-house; its DSCR rental loans are brokered to third-party capital partners.
The differences that change a deal
- Credit on rentals: CoreVest publishes a 640 minimum, ABL 660.
- States: CoreVest excludes Idaho, which ABL does not list as excluded; ABL excludes Alaska, Hawaii, Montana, Utah and Vermont, which CoreVest does not list as excluded.
- Flip purchase advance: up to 93.5% at CoreVest, 90% at ABL.
- CoreVest publishes terms for rental portfolio (blanket) loans; ABL publishes no terms of its own for them.
- Smallest DSCR loan: $75,000 at CoreVest, $85,000 at ABL.
- Units on one rental loan: up to 4 at CoreVest, up to 9 at ABL.
- Largest construction loan: $7.5 million at CoreVest, $50 million at ABL.
DSCR rental loans
| Term | CoreVest | Asset Based Lending |
|---|---|---|
| Loan amount | $75,000 to $3,000,000+ | $85,000 to $2,500,000 |
| Max LTV (purchase) | Up to 80% LTV | Up to 80% LTV |
| Min FICO | 640 (typical) | 660 |
| Min DSCR | 0.80x | 1.00x |
| Experience | Not required | Not required (first-time and experienced investors) |
| Property types | 1-4 units, condos, townhomes | Single family, 2-4 units, condos (also 5-9 units) |
Fix and flip loans
| Term | CoreVest | Asset Based Lending |
|---|---|---|
| Loan amount | $75,000 to $3,000,000+ | $75,000 to $50,000,000 |
| Purchase | Up to 93.5% LTC | Up to 90% of price |
| Rehab | Not published | Up to 100% |
| Max ARV | Not published | Up to 75% of ARV |
| Min FICO | Not published | 660 |
| Experience | Not required (general FAQ) | Not required; first-time flippers eligible (experienced borrowers may get higher leverage) |
| Term | 6 to 24 months | 12 to 24 months |
Ground-up construction loans
| Term | CoreVest | Asset Based Lending |
|---|---|---|
| Loan amount | $250,000 to $7,500,000 | $75,000 to $50,000,000 |
| Max LTC | Not published | Not published as LTC; up to 75% of land purchase plus 100% of construction costs |
| Max ARV | Not published | Up to 75% of ARV |
| Min FICO | Not published | 660 |
| Experience | Not published | Prior ground-up experience reviewed (qualifying project completed and sold or refinanced within 36 months); not stated as a hard requirement |
| Term | 12 to 24 months, with interest reserves | 12 to 24 months |
CoreVest also publishes rental portfolio (blanket) loans; Asset Based Lending does not.
States and borrower rules
| Lender | Where it lends | Borrowing entity | Foreign nationals |
|---|---|---|---|
| CoreVest | Nationwide except Nevada, Idaho, North Dakota and South Dakota. [src] | A special purpose entity (usually an LLC) is required on some programs; construction borrowers can be an LLC, corporation or LP. [src][src] | Not published |
| Asset Based Lending | 42 states and Washington, DC per its published list (the same page says '43 states'). Not on the list: AK, HI, MT, NV, ND, SD, UT, VT. [src][src] | Business entity required. Title must be held in an LLC or corporation; a personal guarantee is required from all principals. [src][src] | Not published. |
For reference: our programs next to both
Doors Funded programs are arranged by Janover Capital LLC, which is paid when they close. They are shown separately so the comparison above stays between the two lenders.
| Lender | Loan amount | Max LTV (purchase) | Min FICO | Min DSCR | Experience | Source |
|---|---|---|---|---|---|---|
| Doors FundedOur programs, arranged by Janover Capital LLC, which is paid when they close | $75,000 to $2,000,000 | Up to 80% LTV (75% cash-out) | 660 | 1.05x | Not required | terms |
| CoreVest | $75,000 to $3,000,000+ | Up to 80% LTV | 640 (typical) | 0.80x | Not required | [1][2][3] |
| Asset Based Lending | $85,000 to $2,500,000 | Up to 80% LTV | 660 | 1.00x | Not required (first-time and experienced investors) | [1][2] |
| Lender | Loan amount | Purchase | Rehab | Max ARV | Min FICO | Experience | Term | Source |
|---|---|---|---|---|---|---|---|---|
| Doors FundedOur programs, arranged by Janover Capital LLC, which is paid when they close | $50,000 to $3,000,000 | Up to 90% of price | Up to 100% | Up to 75% of ARV | Quoted per loan | None required | 12 months; 18 months case by case | terms |
| CoreVest | $75,000 to $3,000,000+ | Up to 93.5% LTC | Not published | Not published | Not published | Not required (general FAQ) | 6 to 24 months | [1][2] |
| Asset Based Lending | $75,000 to $50,000,000 | Up to 90% of price | Up to 100% | Up to 75% of ARV | 660 | Not required; first-time flippers eligible (experienced borrowers may get higher leverage) | 12 to 24 months | [1][2][3] |
If neither fits
Sources
- CoreVest: 30-year DSCR loans. Read October 24, 2026.
- CoreVest: fix and flip loans. Read October 24, 2026.
- CoreVest: ground-up construction loans. Read October 24, 2026.
- CoreVest: rental portfolio loans. Read October 24, 2026.
- CoreVest: FAQs. Read October 24, 2026.
- ABL: Company and loan program overview (updated Sept 30, 2026). Read October 29, 2026.
- ABL: DSCR rental loans. Read October 29, 2026.
- ABL: Fix and flip loans. Read October 29, 2026.
- ABL: New construction loans. Read October 29, 2026.
- ABL: Bridge loans. Read October 29, 2026.
- ABL: Where we lend. Read October 29, 2026.
- ABL: FAQs. Read October 29, 2026.
Have a deal in hand?
Send the numbers. We check them against our programs and tell you plainly whether the deal fits.