About this Property in Loomis, CA

A previous borrower approached Enact Partners with an opportunity to purchase land for future construction of a single-family home. Despite the financing challenges posed by the purchase of vacant land with a looming closing date in a fairly rural location, we swiftly provided the funding needed for the borrower to secure the land. Impressively, we were able to underwrite this purchase in just 17 days, from the signed term sheet to the closed loan.