Home Depot Project Loan In 2022 (How It Works + More)
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LoanDepot Park in 2012
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Former names | Marlins Park (2012–2020) |
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Address | 501 Marlins Way |
Location |
Miami , Florida |
Coordinates |
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Public transit |
![]() Free City of Miami Trolley from ![]() ![]() Civic Center ![]() Marlins Shuttle [1] from ![]() ![]() Culmer |
Parking | Four main parking garages and six surface lots |
Owner |
Miami-Dade County |
Operator |
Miami Marlins LP |
Capacity |
36,742 37,442 (with standing room) [2] 34,000 (Football) [3] |
Record attendance |
37,446 (March 11, 2017 World Baseball Classic. USA vs Dom. Rep.) [4] |
Field size |
Left Field Line – 344 ft (105 m) Left-Center Power Alley – 386 ft (118 m) Center Field – 400 ft (120 m) Right-Center Power Alley – 387 ft (118 m) Right Field Line – 335 ft (102 m) Backstop: – 47 ft (14.3 m) ![]() |
Acreage |
928,000 sq ft (86,200 m 2 ) |
Surface |
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Construction | |
Broke ground |
July 1, 2009 (Start of construction preparations) July 18, 2009 (Ceremonial Groundbreaking) [6] |
Opened |
March 5, 2012 ( High school baseball game) March 6, 2012 (exhibition game) April 1, 2012 (spring training game) April 4, 2012 (regular season) |
Construction cost |
US$634 million [7] ($715 million in 2020 dollars [8] ) |
Architect |
Populous [9] |
Project manager |
International Facilities Group [10] |
Structural engineer |
Bliss & Nyitray, Inc (bowl and track) Walter P Moore (roof) |
Services engineer |
M-E Engineers, Inc. [11] |
General contractor |
Hunt / Moss Joint Venture |
Main contractors |
MARS Contractors Inc. [12] John J. Kirlin, LLC. [13] Structal – Heavy Steel Construction, A division of Canam Group (roof) [14] |
Tenants | |
Miami Marlins ( MLB ) (2012–present) Miami Beach Bowl ( NCAA ) (2014–2016) |
Home Depot has become the go-to store for customers working on renovation projects, offering a variety of tools, supplies, as well as project loans to fund some of the expenses.
A Home Depot project loan is a financial loan of up to $55,000 from Home Depot as of 2022 to spend in stores or for renovation-related expenses. There are four levels to the project loan. The Term and APR of each tier depend on credit approval.
What Is A Home Depot Project Loan?
Home Depot can provide a loan to help with renovations if the funds are not available.
You have the option to make early repayments of your project loan, but you will be required to make monthly fixed payments.
Note that there is no annual fee with the Home Depot project loan, and it can be used to purchase all your project materials.
How Much Is A Home Depot Project Loan?
Home Depot can provide a project loan up to $55,000. The loan is repayable in monthly installments over a period of 7 years.
Based on your credit eligibility you may be eligible for the Home Depot Project Loan. This loan can be repaid over several months and at different rates.
Remember that the APR for Home Depot’s project loan does not need to be paid down.
What is the best way to apply for a Home Depot Loan?
For a Home Depot loan application, visit the Home Depot Credit Center online and follow these steps.
It is similar to applying for credit cards at Home Depot.
You will need personal information, such as your name and location, along with your credit history, to apply for the Home Depot project loan.
Home Depot will accept your application for a loan to finance your project. A co-applicant is required to complete their personal information.
What is my credit score for Home Depot Project loans?
You must have at least 620 credit to be eligible for a Home Depot loan.
Once you have submitted your information, Home Depot will be able to inform you if you are eligible for a project loan.
How long do I have to use my Home Depot Project loan?
You will have six months to purchase everything you require for your project from Home Depot using your project loan.
The spending period for your Home Depot project loan begins once you have been approved for the loan.
Can You Pay Contractors With The Home Depot Project Loan?
Home Depot is the only place where you can get a loan from them.
You cannot pay contractors with the Home Depot project loans.
The card cannot be used to earn any rewards or other benefits at Home Depot.
What are the best ways to make payments for my Home Depot Loan?
You can pay your Home Depot loan by making payments online, over the phone or mail.
If you prefer to pay by post, please send your checks at the following address: Department #3025, The Home Depot. P.O. Birmingham, Alabama 35287-3025.
Alternativly, call 877-476-83806 and follow the instructions of an associate to pay your Home Depot project loans.
Home Depot projects loans are also available online.
Are there ways to repay a loan from Home Depot before the due date?
Home Depot lets customers pay off project loans faster than the normal schedule.
You will not be subject to a prepayment penalty if you pay off your Home Depot project loan before the due date.
How difficult is it to get approved for a loan from Home Depot?
According to some reports, Home Depot applicants need good credit and a score above 620 in order be eligible for a loan.
It has been noted online, however that good credit does NOT guarantee you’ll be approved for a Home Depot loan.
When you apply, Home Depot will be able to give you a good indicator of whether you will be eligible for the loan or not.
Home Depot Project Loan In 2022 (How It Works + More)