Best Conventional Lenders in Michigan (2026)
Compare conventional lenders serving Michigan real estate investors. Browse nationwide conventional lenders available to Michigan investors.
Investing in Michigan
Detroit offers the lowest entry prices and highest cap rates in the country, but requires careful neighborhood selection. Grand Rapids and Ann Arbor provide more stable appreciation plays.
Key Markets
Typical Rates
6.0%–7.5%
Max LTV
75%–80%
Typical Terms
15 or 30-year fixed
Min Credit
680–720
About Conventional Investment Property Loans in Michigan
Traditional Fannie Mae/Freddie Mac-backed mortgages for investment properties. The lowest rates available for investors, but require personal income qualification and are limited to 10 financed properties.
Michigan real estate investors use conventional investment property loans for investors with strong w-2 or documented income and first 1–10 investment properties. Compare conventional terms from multiple lenders to find the best fit for your Michigan investment strategy.
Other Loan Types in Michigan
Conventional Lenders in Nearby States
Analyze Your Michigan Deal
Use our free calculator to see if your Michigan investment works with Conventional financing.