Michigan Hard Money Loan Lenders

Below is a list of 54 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.

Wilshire Quinn Capital

San Francisco,

Loan amounts $200,000 to $20,000,000

Terms 3 months, 6 months, 1 year, 1.5 years, 2 years, 3 years

Interest Rates 8% - 12%

Origination Points 1 - 5%

Loan Type Bridge Loan, Hard Money Loan, Rehab Loan

Property Type Condo, Gas Station, Hotel, Industrial, Medical Facility, Medical Office, Mixed use, Mobile Home Park, Motel, Multi Family, Office, Retail, Self-Storage, SFR, Shopping Center, Special-Use, Student Housing, Warehouse

License Number CA DBO CFL lic #603J060.

Conventus

San Francisco, CA,

Loan amounts $150,000 to $9,000,000

Terms 6 months, 2 years, 3 years, 5 years, 30 Years

Interest Rates 7% - 13%

Origination Points 2%

Loan Type Bridge Loan, DSCR Loan, Hard Money Loan, Rehab Loan

Property Type Condo, Mixed use, Multi Family, SFR

Unity Capital

New York,

Loan amounts $2,000,000 to $20,000,000

Terms 6 months, 1 year, 1.5 years, 2 years, 3 years

Interest Rates 8% - 12%

Origination Points 1.5 - 2%

Loan Type Bridge Loan, Hard Money Loan

Property Type 2-4 Units, SFR, Skilled Nursing

JCAP Private Lending

Costa Mesa,

Loan amounts $30,000 to $5,000,000

Terms 18 months

Interest Rates 10% - 12%

Origination Points 1.5 - 3%

Loan Type Bridge Loan, DSCR Loan, Hard Money Loan, Rehab Loan

Property Type Multi Family, SFR

Sky Equity

New York,

Loan amounts $100,000 to $20,000,000

Terms 2 years

Interest Rates 10%

Origination Points 1

Loan Type Bridge Loan, Commercial Loan, DSCR Loan, Hard Money Loan, Rehab Loan, Rental Portfolio

Property Type 2-4 Units, Industrial, Mixed use, Multi Family, Office, Restaurant, Retail, SFR, Shopping Center, Strip Center, Warehouse

EquityMax

Fort Lauderdale,

Loan amounts $15,000 to $1,000,000

Terms 1 year, 2 years, 10 years, 15 years, 20 year

Interest Rates 9% - 16%

Origination Points 2

Loan Type Bridge Loan, Construction Loan, Hard Money Loan, Rehab Loan

Property Type 2-4 Units, Agriculture, Assisted Living, Automotive, Cannabis Related, Hotel, Industrial, Land Entitled, Land Non-Entitled, Manufactured Home, Medical Office, Mixed use, Mobile Home Park, Modular Home, Multi Family, Office, Place of Worship, Restaurant, Retail, Self-Storage, Senior, SFR, Shopping Center, Special-Use, Strip Center, Student Housing, Warehouse

Revere Capital

Dallas,

Loan amounts $3,000,000 to $50,000,000

Terms 3 years

Interest Rates 9%

Loan Type Bridge Loan, Hard Money Loan, Second Mortgage

Property Type Condo, Hotel, Industrial, Land Entitled, Land Non-Entitled, Mobile Home Park, Multi Family, Office, Retail, Self-Storage, Special-Use

Gravity Capital, LLC

Orem,

Utah

Loan amounts $50,000 to $10,000,000

Terms 1 year, 2 years, 3 years

Interest Rates 12% - 18%

Loan Type Bridge Loan, Hard Money Loan

Property Type 2-4 Units, SFR

BridgeCore Capital

Beverly Hills,

Loan amounts $500,000 to $30,000,000

Terms 1.5 years

Interest Rates 8% - 9%

Origination Points 1 - 1%

Loan Type Bridge Loan, Hard Money Loan, Second Mortgage

Property Type 2-4 Units, Hotel, Land Entitled, Medical Facility, Office, Retail, SFR, Special-Use

Sunset Equity

Culver City,

Loan amounts $250,000 to $10,000,000

Terms 1 year, 1.5 years, 3 years, 30 Years

Interest Rates 7% - 11%

Origination Points 1 - 10%

Loan Type Bridge Loan, Construction Loan, DSCR Loan, Hard Money Loan, Rehab Loan

Property Type 2-4 Units, Condo, Industrial, Mixed use, Multi Family, Office, Retail, SFR, 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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