MichiganMichigan Hard Money Loans and Private Money Lenders:    "Skip to lenders"

Our lenders below serve all of the main metropolitan cities in Michigan including:

Adrian, Albion,Allen Park, Allendale,Alpena, Ann Arbor, Auburn Hills,  Battle Creek, Bay City, Beecher, Benton Harbor, Berkley, Beverly Hills, Big Rapids, Birmingham, Bloomfield Township,  Brighton, Buena Vista, Burton, Cadillac,  Canton, lawson, Coldwater,Comstock Park,  Cutlerville, Dearborn, Dearborn Heights,  Detroit, East Grand Rapids, East Lansing, Eastpointe, Farmington Hills,  Fenton, Ferndale, Flint, Flushing, Forest Hills, Fraser, Garden City, Grand Blanc,  Grand Haven, Grand Rapids, Grandville,grosse Pointe Park,  Grosse Pointe Woods,  Hamtramck,  Harper Woods,   Haslett, Hastings, Hazel Park,  Highland Park, Hillsdale, Holland, Holt, Inkster,  Ionia, Iron Mountain,  Ironwood,  Ishpeming, Jackson, Jenison,  Kalamazoo,  Kentwood, Lambertville, Lansing, Lapeer, Lincoln Park, Livonia, Ludington, Madison Heights, Manistee, Marquette,Midland, Milford, Monroe, Mount Clemens,   Mount Pleasant, Muskegon,  Muskegon Heights,  New Baltimore, Niles, Northview, Northville, Norton Shores,  Novi, Oak Park, Okemos,  Owosso,  Plymouth, Plymouth Township,  Pontiac, Port Huron,  Portage, Redford, River Rouge, Riverview, Rochester, Rochester Hills,  Romulus, Roseville, Royal Oak, Saginaw, Saginaw Township North, Saginaw Township South,  Saline, Sault Ste. Marie, Southfield,  Southgate, St. Clair Shores,   St. Johns, St. Joseph, Sterling Heights, Sturgis, Taylor, Tecumseh, Temperance,  Three Rivers,Traverse City, Trenton, Troy, Walker, Walled Lake,  Warren, Waterford, Waverly, Wayne, West Bloomfield Township,  Westland,  Westwood, Whitmore Lake,  Wixom,  Woodhaven,  Wyandotte, Wyoming, Ypsilanti, and most others.

Most lenders structure their loans based on a percentage of the quick-sale value of the subject property. This is called the loan-to-value or LTV ratio and typically hovers between 50-75% of the market value of the property. This changes with the economy, strength of the deal and borrower. The LTV can also go much higher if you have other properties to cross collateralize or other assets the lender may see as desirable. We have seen instances of a large wine collection, art and coins to name a few.

If you are buying an investment property remember that having "skin in the game" is crucial to getting your loan. The term "skin in the game" refers to having a vested interest in the property or investment. Every lender wants you to having something to lose if the loan goes south. Think of it like this, would you sell your house to someone for just a monthly payment with no money down. Sounds like a risky venture, right? Hard Money Lenders think the same way.

Typically hard money or private money loans close quickly with localized lenders. This is one of the most important parts of the equation. A local lender knows your area and therefore has a greater comfort level. Many times a local lender can make a decision on the spot and forgo the appraisal and other due diligence factors a lender who is far away can't.

If you are looking for a hard money loan on an investment property, a hard money residential refinance, a land loan or a commercial transaction you need to talk to the lenders below. They can provide you with the facts on how to get your hard money loan. Most are strictly based on LTV (Loan-to-Value Ratio) and can fund quickly. They are waiting for your call and have money to lend you today.

Featured Lenders
Lenders: Add Your Link Here! - Your business will be listed here immediately and seen by thousands of daily visitors!
 

 

lafayettecapitalgroup

WE ARE THE LENDER - WE DO NOT BROKER YOUR LOANS Residential & Commercial Lending To 70% - Firsts and Seconds
The ACC Mortgage Professionals Partnership Advantage
Since 1999 we have been closing the loans that others can't. Because all portfolio loans are underwritten and funded at our office by our staff your deal will be quickly approved and funded. We promise our bowers, partner brokers and mortgage professionals quick, clear communication and lending decisions. Our staff is friendly and full-service.
For contact information "click here"
States: Eastern States

APEX MortgageCOMMERCIAL PROPERTY ONLY
APEX is a direct portfolio lender!

We say YES when your bank says no!
$25,000 to $400,000

Brokers Welcome!

For contact information "click here" States: Most (42)

Commercial Capital Limited

A National Private Lending Company
If you have substantial real estate collateral and have been unable to obtain financing from conventional sources, please contact us.

$500,000 to $10,000,000
Bridge Loans
Hard Money Quick Turnaround

LENDING ON COMMERCIAL BUILDINGS NATION WIDE, Up to 70% Loan-to-Value Ratio!
Lafayette Capital Group, Inc. (LCGI) is a real estate lending company that specializes in non-conventional financing, for those borrowers who do not fit into standard loan requirements offered by traditional banks and lending institutions.  LCGI is structured to make swift real estate lending decisions, so your project can be funded without delay. There are no loan committees, no red tape and we have lessened our paperwork by almost 80%. We can supply answers within 72 hours of receiving financial information and loan closings can happen within 10 business days. For contact information "click here" States: All States

La Costa Loans, Paul DufourOWNER OCCUPIED, INVESTMENT, LAND, COMMERCIAL NATIONWIDE - IN-HOUSE 100k TO 50M
Better Loans & Realty Corporation is a Direct Private Money Lender for ALL types of residential and commercial properties. We are a merit based company which acts as a conduit for a large REIT, pension and hedge fund.  Loan approvals can be made within 48 hours with loan funding within 5 business days upon receipt of all requested documentation. Whether you are a broker with a client or the borrower we are here to help you close quickly.

los Get Compliant Today!
Best Online School for
your Real Estate Needs.

Save $10 Code = Safe

NMLS Test Prep Package


NMLS 20 Hour SAFE Act Courses

Lenders: Add Your Link Here!
Your business will be listed here immediately and seen by thousands of daily visitors!