Commercial Lenders in Michigan
Browse 170 lenders serving Michigan across DSCR, SBA, bridge, construction, hard money, and more.
Michigan Lenders by Loan Type
DSCR Loans
7.0% - 9.5% · 20-25% downSBA 7(a) Loans
Prime + 1.5% to 3.75% · 10-20% downSBA 504 Loans
Below market (CDC portion ~5-6%) · 10% downBridge Loans
8% - 12% · 20-30% downConstruction Loans
7% - 10% · 20-35% downCommercial Mortgage
6% - 8% · 20-30% downHard Money Loans
9% - 12%+ · 10-25%+ cash in downCMBS Loans
5.5% - 8% · 25-35% downMezzanine Loans
6.75% - 11.97% · Often 10-25% sponsor equity downUSDA Business Loans
Fixed or variable, negotiated with lender · 10% existing business, 20% new business downNon-QM Loans
6.5% - 10% · 10-25% downAll Michigan Lenders
170 commercial lenders serving Michigan.
United FCU
SBASAINT JOSEPH, MI
St. Joseph, Michigan-based credit union offering SBA 7(a) loans, commercial real estate, and business banking. One of the largest credit unions in Michigan with competitive rates for small businesses.
Rocket Mortgage
Detroit, MI
Nation's largest online home lender. Offers some non-QM products alongside conventional, FHA, VA, and jumbo loans. Fully digital application process.
First National Bank of America
East Lansing, MI
Community bank offering a DSCR program for investment properties with flexible terms. Known for portfolio lending and willingness to work with non-traditional borrowers.
UWM (United Wholesale Mortgage)
Pontiac, MI
Largest wholesale mortgage lender in the US offering DSCR investor loans. Massive scale with fast turn times and competitive pricing through mortgage brokers only.
Community Choice CU
SBAFARMINGTON HILLS, MI
Lake Michigan CU
SBAGRAND RAPIDS, MI
ChoiceOne Bank
SBASparta, MI
Great Lakes Commercial Finance
SBAGrandville, MI
Independent Bank
SBAGrand Rapids, MI
DFCU Financial
SBADEARBORN, MI
University Bank
SBAANN ARBOR, MI
Oxford Bank
SBAOxford, MI
Chelsea State Bank
SBACHELSEA, MI
Eaton Community Bank
SBACHARLOTTE, MI
Omni Community Credit Union
SBABattle Creek, MI
Isabella Bank
SBAMount Pleasant, MI
Team One CU
SBASAGINAW, MI
Genisys CU
SBAAUBURN HILLS, MI
4Front Credit Union
SBATraverse City, MI
Capitol National Bank
SBALANSING, MI
Union Bank
SBAGrand Rapids, MI
Michigan Schools and Government Credit Union
SBACLINTON TOWNSHIP, MI
Bank Michigan
SBABROOKLYN, MI
Michigan Certified Development Corporation
SBAEast Lansing, MI
1st State Bank
SBASAGINAW, MI
County National Bank
SBAHillsdale, MI
Grand River Bank
SBAGRANDVILLE, MI
Highpoint Community Bank
SBAHASTINGS, MI
Live Oak Banking Company
SBAWILMINGTON, NC
One of the nation's top SBA 7(a) lenders, specializing in lending to small businesses across healthcare, veterinary, beverage, self-storage, and other industries. Offers SBA loans, USDA loans, conventional business loans, and commercial real estate financing.
The Huntington National Bank
SBACOLUMBUS, OH
Major regional bank and consistently one of the top SBA lenders in the country by number of loans. Offers SBA 7(a) and 504 loans alongside conventional business lending, commercial real estate, and treasury management services.
Complete Michigan Lender Directory
All 170 commercial lenders serving Michigan, A–Z.
- 1st Financial Bank USA — DAKOTA DUNES, SD
- 1st Source Bank — SOUTH BEND, IN
- 22nd State Bank, A Division of 22nd State Banking Company — Mobile, AL
- A&D Mortgage — Fort Lauderdale, FL
- Acore Capital — New York, NY
- Acra Lending
- Aloha Capital
- Anchor Loans — Thousand Oaks, CA
- Angel Oak Mortgage Solutions — Atlanta, GA
- Angel Oak Mortgage Solutions — Atlanta, GA
- Arbor Realty Trust — Uniondale, NY
- Arc Home
- Athas Capital Group
- Banc of California — Los Angeles, CA
- Bank of America — Charlotte, NC
- Bank of America, National Association — Charlotte, NC
- Bank of Hope — LOS ANGELES, CA
- BankVista — SARTELL, MN
- Bankwell Bank — New Canaan, CT
- Barclays — New York, NY
- Berkadia — Ambler, PA
- Broadmark Realty Capital — Seattle, WA
- Byline Bank — CHICAGO, IL
- Cadence Bank — TUPELO, MS
- Capital Bank, National Association — ROCKVILLE, MD
- Capital Community Bank — PROVO, UT
- Carrington Mortgage Services — Anaheim, CA
- CBRE Capital Markets — Dallas, TX
- CDC Small Business Finance Corp. — San Diego, CA
- Celtic Bank Corporation — SALT LAKE CITY, UT
- CenTrust Bank, A Division of SmartBiz Bank National Associat — Northbrook, IL
- Change Lending
- Citigroup — New York, NY
- Citizens Bank — ELIZABETHTON, TN
- Citizens Bank, National Association — PROVIDENCE, RI
- Civic Financial Services — Redondo Beach, CA
- Climate First Bank — St. Petersburg, FL
- Colony Bank — FITZGERALD, GA
- Comerica Bank — DALLAS, TX
- Commonwealth Business Bank — LOS ANGELES, CA
- Community Bank & Trust-West Georgia — LAGRANGE, GA
- Constitution Lending
- CoreVest Finance — Irvine, CA
- CrossCountry Mortgage — Cleveland, OH
- Cushman & Wakefield — Chicago, IL
- Deephaven Mortgage — Charlotte, NC
- Defy Mortgage
- Deutsche Bank — New York, NY
- Easy Street Capital — Austin, TX
- Enterprise Bank & Trust — CLAYTON, MO
- Everwise Credit Union — SOUTH BEND, IN
- Fifth Third Bank — CINCINNATI, OH
- Finance of America — Plano, TX
- First Bank of the Lake — Osage Beach, MO
- First Internet Bank of Indiana — FISHERS, IN
- First Merchants Bank — Indianapolis, IN
- First Utah Bank — SALT LAKE CITY, UT
- Flagstar Bank — Hicksville, NY
- GBank — LAS VEGAS, NV
- Goldman Sachs — New York, NY
- Greystone — New York, NY
- Griffin Funding
- Groundfloor — Atlanta, GA
- Harvest Small Business Finance, LLC — Laguna Hills, CA
- Heritage Bank Inc — Burlington, KY
- HomeXpress Mortgage
- Horizon Bank — Michigan City, IN
- iBorrow
- Janover — Boca Raton, FL
- JLL Capital Markets — Chicago, IL
- JMAC Lending
- JPMorgan Chase — New York, NY
- JPMorgan Chase Bank, National Association — Columbus, OH
- KeyBank National Association — CLEVELAND, OH
- KeyBank Real Estate Capital — Cleveland, OH
- Kiavi — San Francisco, CA
- Kind Lending — Santa Ana, CA
- Lending One — Boca Raton, FL
- Lendistry SBLC, LLC — Los Angeles, CA
- Lima One Capital — Greenville, SC
- LoanCore Capital — Hartford, CT
- Lument — New York, NY
- Luxury Mortgage Corp — Stamford, CT
- Magnifi Financial CU — MELROSE, MN
- Merchants Capital — Indianapolis, IN
- Mesa West Capital — Los Angeles, CA
- Milestone Bank — Salt Lake City, UT
- Morgan Stanley — New York, NY
- MortgageRight — Austin, TX
- New American Funding — Tustin, CA
- New Silver Lending
- Newfi Wholesale — Emeryville, CA
- Newmark — New York, NY
- Newtek Bank, National Association — Miami, FL
- North American Savings Bank — Kansas City, MO
- North State Bank — RALEIGH, NC
- Northeast Bank — MINNEAPOLIS, MN
- Northmarq — Minneapolis, MN
- Oaktree Funding
- Oconee State Bank — WATKINSVILLE, GA
- Old Glory Bank — ELMORE CITY, OK
- Old National Bank — EVANSVILLE, IN
- Park Place Finance
- Pathward National Association — SIOUX FALLS, SD
- Planet Home Lending — Meriden, CT
- PNC Bank, National Association — WILMINGTON, DE
- PNC Real Estate — Pittsburgh, PA
- Port 51 Lending LLC — New York, NY
- Quontic Bank — New York, NY
- RCN Capital — South Windsor, CT
- Ready Capital — New York, NY
- Readycap Lending, LLC — BERKELEY HEIGHTS, NJ
- Residential Capital Partners
- Residential Mortgage Solutions
- Roc Capital — New York, NY
- Sabal Capital Partners — Pasadena, CA
- Shoreham Bank — Warwick, RI
- Sprout Mortgage — New York, NY
- Stbridge Capital — Los Angeles, CA
- Stone Bank — MOUNTAIN VIEW, AR
- TD Bank — Cherry Hill, NJ
- Temple View Capital
- The Bancorp Bank National Association — Sioux Falls, SD
- The Stephenson National Bank and Trust — Marinette, WI
- Tidal Loans — Houston, TX
- TowneBank — PORTSMOUTH, VA
- Triad Financial Services — Jacksonville, FL
- Truliant FCU — Winston-Salem, NC
- Truss Financial Group
- U.S. Bank, National Association — Cincinnati, OH
- United Midwest Savings Bank National Association — DE GRAFF, OH
- US Bank — Minneapolis, MN
- Vaster — Miami, FL
- Velocity Mortgage Capital — Westlake Village, CA
- Verus Mortgage Capital — Washington, DC
- Village Bank and Trust, National Association — ARLINGTON HEIGHTS, IL
- Visio Lending — Austin, TX
- Walker & Dunlop — Bethesda, MD
- Wells Fargo — San Francisco, CA
- Wells Fargo Bank National Association — Sioux Falls, SD
Commercial Lending in Michigan
Michigan's economy is transitioning beyond its automotive manufacturing roots, with Detroit's revitalization attracting technology companies and startups. The state's extensive freshwater coastline and university system support a diversifying economic base.
Michigan's Industrial Facilities Tax Exemption can reduce property taxes on new or rehabilitated industrial facilities by up to 50% for up to 12 years, making it a powerful incentive for manufacturing-related CRE. Detroit's commercial market offers some of the most attractive cap rates among major metro areas, though investors must carefully evaluate neighborhood-level conditions. Michigan's non-judicial foreclosure by advertisement is fast (approximately 60 days), but the state provides a 6-month redemption period for commercial properties, during which the borrower can reclaim the property by paying the full amount owed.
Key Industries
Foreclosure Type
Non-judicial
Foreclosures proceed outside the court system, typically faster (2-6 months).