Multifamily & Apartment Financing in Michigan

Commercial Loan Direct (CLD) provides apartment loans in Michigan. Current apartment loan rates in Michigan range from 4.7% to 16.11%, depending on the loan program. CLD originates multifamily mortgages for its parent company CLD Financial. CLD offers competitive pricing, professional mortgage specialists, and quick execution on multifamily mortgages. Our firm is currently offering the following lending products for multifamily mortgages: Conventional, FHA, Freddie Mac, Fannie Mae, Conduit, Conventional, and hedge funds. We also provide other types of commercial loans in Michigan.

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Michigan Multifamily Loan Rates & Information

Multifamily Loan Types Average Michigan Rates LTV Loan Amount
Fannie Mae (FNMA) 0.11% - 5.53% 80% $750,000+
Freddie Mac (FHLMC) 4.73% - 5.29% 80% $1,000,000+
FHA / HUD 4.59% - 5.44% 83.3% $5,000,000+
Conduit / CMBS 5.59% - 6.71% 75% $2,000,000+
Insurance 5.04% - 7.29% 75% $5,000,000+
USDA 5.70% - 8.70% 85% $1,000,000+
Bridge 7.11% - 16.11% 80% $1,500,000+
Construction 7.20% - 12.20% 83.3% $1,000,000+
Conventional 5.11% - 8.04% 80% $1,000,000+

Apply for an Apartment Loan in Michigan

Note: The commercial mortgage rates displayed in this website should be used as a guideline and do not represent a commitment to lend. Commercial Loan Direct and CLD Financial, LLC are not liable for any commercial mortgage interest rate or data entry errors that might affect the displayed commercial loan rates. Commercial loan rates may change at any time and without notice.

Locations Served in MI

We are proud to be serving the state of Michigan. Here are our commercial loan statistics for this state.

Michigan Cities and Towns Served

124

Michigan Economic Data

Please note that commercial loan rates are dependent on the market. We have provided market data for MI below to help you understand what kind of market you are in. Simply click one of the options below to see the data for your state. Economic data reports provided by Data USA.

Economy

Housing

Lending Cities

Commercial loan direct provides services in the following Michigan cities. Please note we may be able to provide services in other cities as well by request. Rates are dependent on the market in your locale, feel free to use the provided Michigan economic reports to get a better understanding of your market.

  • Adrian
  • Albion
  • Alcona County
  • Alger County
  • Algonac
  • Allegan
  • Allegan County
  • Allen Park
  • Allendale
  • Alma
  • Almont
  • Alpena
  • Alpena County
  • Ann Arbor
  • Antrim County
  • Arenac County
  • Argentine
  • Armada
  • Athens
  • Atlanta
  • Au Sable
  • Auburn
  • Auburn Hills
  • Bad Axe
  • Baldwin
  • Bangor
  • Baraga
  • Baraga County
  • Barnes Lake-Millers Lake
  • Barry County
  • Bath
  • Battle Creek
  • Bay City
  • Bay County
  • Bay Harbor
  • Beaverton
  • Beecher
  • Beechwood
  • Belding
  • Bellaire
  • Belleville
  • Bellevue
  • Benton Harbor
  • Benton Heights
  • Benzie County
  • Berkley
  • Berrien County
  • Berrien Springs
  • Bessemer
  • Beulah
  • Beverly Hills
  • Big Rapids
  • Bingham Farms
  • Birch Run
  • Birmingham
  • Blissfield
  • Bloomfield Hills
  • Boyne City
  • Branch County
  • Breckenridge
  • Bridgeport
  • Bridgman
  • Brighton
  • Bronson
  • Brooklyn
  • Brown City
  • Brownlee Park
  • Buchanan
  • Buena Vista
  • Burt
  • Burton
  • Byron Center
  • Cadillac
  • Caledonia
  • Calhoun County
  • Canadian Lakes
  • Canton
  • Capac
  • Carleton
  • Caro
  • Carrollton
  • Carson City
  • Cass City
  • Cass County
  • Cassopolis
  • Cedar Springs
  • Center Line
  • Centreville
  • Charlevoix
  • Charlevoix County
  • Charlotte
  • Cheboygan
  • Cheboygan County
  • Chelsea
  • Chesaning
  • Chippewa County
  • Clare
  • Clare County
  • Clarkston
  • Clawson
  • Clinton
  • Clinton County
  • Clinton Township
  • Clio
  • Coldwater
  • Coleman
  • Coloma
  • Colon
  • Comstock Northwest
  • Comstock Park
  • Concord
  • Constantine
  • Coopersville
  • Corunna
  • Crawford County
  • Croswell
  • Crystal Falls
  • Cutlerville
  • Davison
  • Dearborn
  • Dearborn Heights
  • Decatur
  • Delta County
  • Detroit
  • Detroit Beach
  • DeWitt
  • Dexter
  • Dickinson County
  • Dimondale
  • Dollar Bay
  • Douglas
  • Dowagiac
  • Dundee
  • Durand
  • Eagle River
  • East Grand Rapids
  • East Jordan
  • East Lansing
  • East Tawas
  • Eastpointe
  • Eastwood
  • Eaton County
  • Eaton Rapids
  • Ecorse
  • Edgemont Park
  • Edmore
  • Edwardsburg
  • Elk Rapids
  • Emmet County
  • Escanaba
  • Essexville
  • Evart
  • Fair Plain
  • Farmington
  • Farmington Hills
  • Fennville
  • Fenton
  • Ferndale
  • Ferrysburg
  • Flat Rock
  • Flint
  • Flushing
  • Forest Hills
  • Fowler
  • Fowlerville
  • Frankenmuth
  • Frankfort
  • Franklin
  • Fraser
  • Freeland
  • Fremont
  • Fruitport
  • Galesburg
  • Garden City
  • Gaylord
  • Genesee County
  • Gibraltar
  • Gladstone
  • Gladwin
  • Gladwin County
  • Gogebic County
  • Goodrich
  • Grand Blanc
  • Grand Haven
  • Grand Ledge
  • Grand Rapids
  • Grand Traverse County
  • Grandville
  • Grass Lake
  • Gratiot County
  • Grayling
  • Greenville
  • Greilickville
  • Grosse Ile
  • Grosse Pointe
  • Grosse Pointe Farms
  • Grosse Pointe Park
  • Grosse Pointe Shores
  • Grosse Pointe Woods
  • Gwinn
  • Hamtramck
  • Hancock
  • Harbor Beach
  • Harbor Springs
  • Harper Woods
  • Harrison
  • Harrisville
  • Hart
  • Hartford
  • Harvey
  • Haslett
  • Hastings
  • Hazel Park
  • Hemlock
  • Highland Park
  • Hillsdale
  • Hillsdale County
  • Holland
  • Holly
  • Holt
  • Homer
  • Houghton
  • Houghton County
  • Houghton Lake
  • Howard City
  • Howell
  • Hubbard Lake
  • Hudson
  • Hudsonville
  • Huntington Woods
  • Huron County
  • Imlay City
  • Indian River
  • Ingham County
  • Inkster
  • Ionia
  • Ionia County
  • Iosco County
  • Iron County
  • Iron Mountain
  • Iron River
  • Ironwood
  • Isabella County
  • Ishpeming
  • Ithaca
  • Jackson
  • Jackson County
  • Jenison
  • Jonesville
  • K. I. Sawyer Air Force Base
  • Kalamazoo
  • Kalamazoo County
  • Kalkaska
  • Kalkaska County
  • Keego Harbor
  • Kent City
  • Kent County
  • Kentwood
  • Keweenaw County
  • Kilmanagh
  • Kingsford
  • Kingsley
  • L'Anse
  • Laingsburg
  • Lake City
  • Lake County
  • Lake Fenton
  • Lake Isabella
  • Lake Michigan Beach
  • Lake Odessa
  • Lake Orion
  • Lakeview
  • Lakewood Club
  • Lambertville
  • Lansing
  • Lapeer
  • Lapeer County
  • Lathrup Village
  • Laurium
  • Lawton
  • Leelanau County
  • Leland
  • Lenawee County
  • Leslie
  • Level Park-Oak Park
  • Lewiston
  • Lexington
  • Lincoln Park
  • Linden
  • Litchfield
  • Livingston County
  • Livonia
  • Lowell
  • Luce County
  • Ludington
  • Luna Pier
  • Mackinac County
  • Macomb County
  • Madison Heights
  • Mancelona
  • Manchester
  • Manistee
  • Manistee County
  • Manistique
  • Manitou Beach-Devils Lake
  • Manton
  • Marcellus
  • Marine City
  • Marlette
  • Marquette
  • Marquette County
  • Marshall
  • Marysville
  • Mason
  • Mason County
  • Mattawan
  • Mecosta County
  • Melvindale
  • Memphis
  • Menominee
  • Menominee County
  • Michigan Center
  • Middleville
  • Midland
  • Midland County
  • Milan
  • Milford
  • Millington
  • Mio
  • Missaukee County
  • Monroe
  • Monroe County
  • Montague
  • Montcalm County
  • Montmorency County
  • Montrose
  • Morenci
  • Mount Clemens
  • Mount Morris
  • Mount Pleasant
  • Munising
  • Muskegon
  • Muskegon County
  • Muskegon Heights
  • Napoleon
  • Nashville
  • Negaunee
  • New Baltimore
  • New Buffalo
  • New Haven
  • Newaygo
  • Newaygo County
  • Newberry
  • Niles
  • North Branch
  • North Muskegon
  • Northview
  • Northville
  • Norton Shores
  • Norway
  • Novi
  • Oak Park
  • Oakland County
  • Oceana County
  • Ogemaw County
  • Okemos
  • Olivet
  • Ontonagon
  • Ontonagon County
  • Orchard Lake
  • Ortonville
  • Osceola County
  • Oscoda County
  • Otsego
  • Otsego County
  • Ottawa County
  • Ovid
  • Owosso
  • Oxford
  • Parchment
  • Paw Paw
  • Paw Paw Lake
  • Pearl Beach
  • Perry
  • Petersburg
  • Petoskey
  • Pigeon
  • Pinckney
  • Pinconning
  • Plainwell
  • Pleasant Ridge
  • Plymouth
  • Pontiac
  • Port Huron
  • Portage
  • Portland
  • Potterville
  • Presque Isle County
  • Prudenville
  • Quincy
  • Quinnesec
  • Rapid City
  • Ravenna
  • Reading
  • Redford
  • Reed City
  • Reese
  • Richmond
  • River Rouge
  • Riverview
  • Rochester
  • Rochester Hills
  • Rockford
  • Rockwood
  • Rogers City
  • Romeo
  • Romulus
  • Roosevelt Park
  • Roscommon
  • Roscommon County
  • Roseville
  • Royal Oak
  • Saginaw
  • Saginaw County
  • Saginaw Township North
  • Saint Charles
  • Saint Clair
  • Saint Clair County
  • Saint Clair Shores
  • Saint Helen
  • Saint Ignace
  • Saint Johns
  • Saint Joseph
  • Saint Joseph County
  • Saint Louis
  • Saline
  • Sand Lake
  • Sandusky
  • Sanilac County
  • Saranac
  • Sault Ste. Marie
  • Schoolcraft
  • Schoolcraft County
  • Scottville
  • Sebewaing
  • Shelby
  • Shepherd
  • Shiawassee County
  • Shields
  • Shorewood-Tower Hills-Harbert
  • Skidway Lake
  • South Gull Lake
  • South Haven
  • South Lyon
  • South Monroe
  • South Rockwood
  • Southfield
  • Southgate
  • Sparta
  • Spring Arbor
  • Spring Lake
  • Springfield
  • Stambaugh, Iron River
  • Standish
  • Stanton
  • Sterling Heights
  • Stevensville
  • Stockbridge
  • Stony Point
  • Sturgis
  • Swartz Creek
  • Sylvan Lake
  • Tawas City
  • Taylor
  • Tecumseh
  • Temperance
  • Three Oaks
  • Three Rivers
  • Traverse City
  • Trenton
  • Trowbridge Park
  • Troy
  • Tuscola County
  • Twin Lake
  • Union City
  • Utica
  • Van Buren County
  • Vandercook Lake
  • Vassar
  • Vicksburg
  • Wacousta
  • Wakefield
  • Walker
  • Walled Lake
  • Warren
  • Washtenaw County
  • Waterford
  • Watervliet
  • Waverly
  • Wayland
  • Wayne
  • Wayne County
  • Webberville
  • West Bloomfield Township
  • West Branch
  • West Ishpeming
  • West Monroe
  • Westland
  • Westwood
  • Wexford County
  • White Cloud
  • White Pigeon
  • Whitehall
  • Whitmore Lake
  • Williamston
  • Wixom
  • Wolf Lake
  • Wolverine Lake
  • Woodhaven
  • Woodland Beach
  • Wyandotte
  • Wyoming
  • Yale
  • Ypsilanti
  • Zeeland
  • Zilwaukee

MI Commercial Loan Reviews

How would you rate the responsiveness of your loan officer? 

Excellent

Benny - Apartment Financing in Chesterfield, MI

What are some ways we can improve our service?
I received outstanding customer service from Leanne today. In addition to answering all of my questions, she broadened the scope by sharing additional information that has been instrumental in my evaluation process. I also really enjoyed talking with Leanne - she has that rare ability to dedicate her undivided attention as she did with me today. I got off the phone thinking that she is a warrior in this arena and that she would be the one I would want to work with on my next venture.

Joy - Apartment Financing in Detroit, MI

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