$75,000 to $7,000,000
30 yrs
1 - 4%
Loan Type Bridge Loan, Commercial Loan, Construction Loan, DSCR Loan, Hard Money Loan, Rehab Loan
Property Type 2-4 Units, Multi Family
Michigan Hard Money Loan Lenders
Below is a list of 52 Lenders that offer hard money loans in Michigan. Interest Rates vary on a case-by-case basis but are typically offered from 5% to 20%. In addition, these lenders provide loan amounts from $10,000 and $1,000,000,000.
$200,000 to $50,000,000
2 years, 3 years
Loan Type Bridge Loan, Hard Money Loan
Property Type 2-4 Units, SFR
$500,000 to $25,000,000
3 months, 6 months, 1 year, 1.5 years
2
Loan Type Bridge Loan, Construction Loan, Hard Money Loan
Property Type Cannabis Related, Gas Station, Hotel, Industrial, Land Entitled, Land Non-Entitled, Mixed use, Multi Family, Senior
$200,000 to $7,000,000
6 months, 2 years, 3 years
7.5% - 15%
2 - 4%
Loan Type Bridge Loan, Construction Loan, Hard Money Loan, Rehab Loan
Property Type 2-4 Units, Industrial, Medical Office, Mixed use, Office, Retail, SFR, Strip Center
1793283
$75,000 to $4,000,000
6 months, 2 years, 20 year, 30 yrs, 18 months
10% - 12%
2 - 3%
Loan Type Bridge Loan, Construction Loan, DSCR Loan, Hard Money Loan, Rehab Loan
Property Type 2-4 Units, Condo, SFR
$100,000 to $20,000,000
6 months, 3 years, 18 months
Loan Type Bridge Loan, Hard Money Loan, Investment property Line of Credit, SBA Loan
Property Type 2-4 Units, SFR
$100,000 to $10,000,000
5 years, 6 years, 7 years, 10 years, 20 year, 25 years, 30 yrs
9% - 7%
1 - 2%
Loan Type Bridge Loan, Commercial Loan, Hard Money Loan
Property Type 2-4 Units, Automotive, Daycare, Industrial, Mixed use, Mobile Home Park, Multi Family, Office, Restaurant, Retail, Self-Storage, SFR, Special-Use, Warehouse
$150,000 to $15,000,000
1 year
Loan Type Bridge Loan, Commercial Loan, DSCR Loan, Hard Money Loan
Property Type 2-4 Units, Multi Family, SFR
$10,000 to $400,000
3 months, 4 Years, 5 years
6% - 20%
5 or more - 10%
Loan Type Bridge Loan, Hard Money Loan
Property Type 2-4 Units, Multi Family, SFR
$1,000,000 to $10,000,000
3 years
Loan Type Bridge Loan, Hard Money Loan
Property Type Assisted Living, Industrial, Mixed use, Multi Family, Self-Storage, Senior, Student Housing, Warehouse
The Top 10 Cities to Get a Hard Money Loan in Michigan
Michigan’s varied cities and regions offer diverse real estate opportunities, drawing in investors seeking hard money loans for swift and flexible financing solutions. From bustling urban centers to scenic locales, here are the top 10 cities in Michigan where securing hard money loans can facilitate successful real estate investments.
- Detroit: As the largest city in Michigan, Detroit offers diverse real estate opportunities, making it an attractive destination for hard money loans.
- Grand Rapids: Known for its strong economy and cultural attractions, Grand Rapids provides investment prospects suitable for hard money loans in both residential and commercial properties.
- Warren: Positioned as an economic hub, Warren offers investment potential for hard money loans in residential and commercial real estate ventures.
- Sterling Heights: Adjacent to Detroit and with a thriving real estate market, Sterling Heights presents investment opportunities for hard money loans in residential and commercial properties.
- Ann Arbor: Home to the University of Michigan, Ann Arbor offers investment prospects in student housing and residential properties suitable for hard money loans.
- Lansing: As the state capital, Lansing presents investment potential for hard money loans in residential and commercial real estate.
- Flint: Known for its affordability and potential for property appreciation, Flint offers investment opportunities in residential and commercial real estate, making it appealing for hard money loans.
- Dearborn: With its strategic location near Detroit, Dearborn provides investment prospects suitable for hard money loans in residential and commercial ventures.
- Livonia: Known for its strong real estate market, Livonia offers investment opportunities in residential and commercial properties suitable for hard money loans.
- Troy: A growing city with a burgeoning real estate market, Troy presents diverse real estate options, attracting investors seeking hard money loans for residential and commercial properties.
In conclusion, Michigan’s diverse cities offer a range of real estate investment opportunities, and hard money loans serve as a practical means of securing swift funding for these ventures. Whether it’s the urban charm of Detroit or the cultural appeal of Grand Rapids, investors exploring these top 10 cities in Michigan can leverage hard money loans to capitalize on the state’s dynamic real estate market.
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