Investment property financing built for Michigan
Michigan is a deep, industrially driven commercial-property market that still trades at a meaningful discount to the coasts, and New City Financial helps investors put that value to work. We provide business-purpose financing on Michigan rental, multifamily, and commercial real estate across the state’s distinct metros — fast-growing Grand Rapids in West Michigan, the research-and-medical economies of Ann Arbor and Lansing, and the state’s mid-size manufacturing markets. We fund deals on the strength of the property, not a stack of personal paperwork.
Because we underwrite the asset’s cash flow rather than your tax returns, our programs fit how Michigan investors actually build: self-employed and portfolio buyers, LLC-titled property, and out-of-state capital drawn by the state’s manufacturing base and comparatively affordable entry points. Whether you’re acquiring a suburban rental near Grand Rapids, refinancing an apartment building in Ann Arbor, or pulling cash out of a statewide portfolio, you get one lender, one set of terms, and a straight answer quickly.
Loan programs for Michigan investors
Every New City Financial program is available on qualifying Michigan investment and commercial property. Not sure which fits your deal? Start the form and we’ll route you to the right one.
Cash-Out Refinance
Tap into your property's equity to access capital for your next investment or business opportunity.
Learn moreDSCR Refinance
Refinance your investment property based on cash flow rather than personal income.
Learn moreMulti-Family & Apartment Loans
Financing solutions for apartment complexes and multifamily residential properties of all sizes.
Learn moreDSCR Loans
Qualify on the property's rental cash flow, not your personal income — purchase investment property with no tax returns.
Learn moreFix and Flip Loans
Fast funding for fix-and-flip projects with competitive rates and flexible terms designed for investors.
Learn moreARV Loans
Loans based on the after-repair value of your property, not just the current value.
Learn moreForeign Investor Loans
Financing solutions for international investors looking to purchase commercial and investment properties.
Learn moreProperty types we finance in Michigan
We lend on business-purpose investment and commercial real estate across Michigan — from single-family rentals and small multifamily to larger apartment, retail, office, industrial, and mixed-use assets. Owner-occupied commercial space is eligible; primary residences are not.
Why Michigan investors choose New City Financial
We finance the property, not your paperwork
Approval is based on the property’s rental income (its DSCR) — no personal tax returns, W-2s, or employment verification. Ideal for investors with strong properties but complex personal finances.
Considered from a 500 FICO
Where most lenders draw the line at a 620–680 score, a cash-flowing, business-purpose property can carry the loan. First-time and portfolio investors are both welcome.
Close in under 3 weeks
Investor-focused underwriting and minimal paperwork mean most files fund fast — the speed that wins competitive deals and lets you scale.
One lender, consistent terms
Up to 75% LTV, loans from $75K to $50MM, on a single set of terms across 40+ states — so you can grow a portfolio without switching lenders deal to deal.
Financing a property in Michigan? Get your number in minutes.
Checking your rate is a soft inquiry — it won’t affect your credit score, and there’s no obligation.
Michigan commercial loan FAQs
Does New City Financial lend on investment property in Michigan?
Yes. We finance business-purpose investment and commercial real estate throughout Michigan — from Grand Rapids and Ann Arbor to Lansing and the state’s mid-size manufacturing markets. Loans run from $75K to $50MM at up to 75% LTV.
Can I get a Michigan commercial loan without tax returns?
Yes. Our DSCR programs qualify the loan on the property’s rental cash flow rather than your personal income, so no tax returns, W-2s, or employment verification are required. That’s a strong fit for Michigan’s many self-employed and out-of-state investors.
What credit score do I need for a DSCR loan in Michigan?
Credit is considered from a 500 FICO. Because approval leans on the property’s cash flow and a loan-to-value of up to 75%, a strong Michigan asset can carry the loan even when personal credit is imperfect.
How fast can you close a commercial loan in Michigan?
Most Michigan files close in under three weeks. Investor-focused underwriting and minimal documentation keep the process fast — an edge in tight markets like Grand Rapids and the state’s supplier corridors.
What loan-to-value can I get on Michigan investment property?
Up to 75% LTV. You’ll typically bring 25% or more as equity; stronger credit and property cash flow generally earn better pricing. Loans range from $75K to $50MM across all eligible property types.
Can I build a Michigan rental portfolio with one lender?
Yes. Michigan’s comparatively affordable pricing makes it a portfolio-builder’s market, and we finance repeat acquisitions across Grand Rapids, Ann Arbor, and beyond on one consistent set of terms — up to 75% LTV, from a 500 FICO. Owner-occupied commercial space is eligible; primary residences are not.
Financing your Michigan deal with New City Financial
New City Financial provides business-purpose financing on Michigan investment and commercial property — multifamily, industrial, retail, mixed-use, office, and more. Qualify on the property’s cash flow (DSCR), not your personal tax returns, with up to 75% LTV, loans from $75K to $50MM, a 500 FICO minimum, and closings in under three weeks. Owner-occupied commercial space is eligible; primary residences are not. Get a no-obligation quote in minutes, or call (855) 848-2862 to talk it through with a specialist.