Loan amount
$1K-$100M
Loan-to-value (LTV)
85%
Required credit score
None
Required deal experience
None
Rates
9% to 17%
Fees
Points will vary and to be discussed with borrower. No prepayment penalty but a minimum interest and points paid of $3,999 Inspection costs: Typically $125 per draw Appraisal Costs.
Address
450 Skokie Blvd #604, Northbrook, IL 60062
About
Barnett Capital provides lines of credit for acquiring, renovating, and stabilizing single-family, multi-family, and mixed-use investment properties nationwide and in Canada. No points, no junk fees, no credit score requirement, and no interest charged on amounts not funded. We typically fund 85% of your total project costs, including 100% of renovation costs. You can do as many deals under your line of credit as your approved line amount will allow. Term extensions free of charge, and we have no loan to value limitations.
States
Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

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