Enact Partners

Carlsbad, CA·Nationwide

Terms & qualification

Typical loan size: $250K – $6M
Typical term: 6 mo – 36 mo
Interest rate: 7.9% – 11.99%
Origination / points: 1.0% to 3.5%
Lien position: 1st
Prepayment penalty: 4 month's minimum interest
Payment structure: Interest Only
Recourse: Sometimes
Closing speed: 14 days typical · 3 days fastest
Prepayment structure: Minimum interest
Cross-collateral: Yes
Equity / JV capital: No
Income documentation: Credit Report, Financial Statements, Loan Application
Borrower entity: Individual(s), LLC, Limited Partnership, Trust, Corporation, Non-Profit Corporation

Not reported.