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Michigan Commercial Property Loans
Commercial Mortgages, Commercial Property Loans and Commercial Lenders in Michigan
Home to Detroit, the Motor City, it is no surprise that automobile manufacturing is the largest private industry in Michigan. Contributing more than $42 billion to GDP, Michigan’s largest industry is part of the state’s manufacturing sector, which had the fifth largest output of any state’s manufacturing sector. Nearly 5% of Michigan’s private workforce is employed in automobile and part manufacturing. In addition to being home to some of the country’s largest car makers, including General Motors, Ford, and Chrysler, Michigan is responsible for nearly one-quarter of total vehicle production in the United States.
In recent years, Michigan has undergone huge changes. The state became the 24th right-to-work state. It has repealed the Michigan Business Tax and also rolled back taxes on personally property owned by businesses.
Successful Michigan Commercial Real Estate investing and Michigan Small Business go hand in hand. When looking at the small business profile for Michigan by the United States Small Business Administration, the statistics show that there are now 873,722 small business in Michigan, which equates to 99.6 percent of all Michigan businesses – these same Michigan small businesses employ over 1.9 million workers, which is equivalent to 49.1 percent.
Applying for a Michigan Commercial Real Estate loan can be a confusing and expensive process if you go to the wrong commercial lender. CommercialQuest focuses on facilitating the fastest loan decisions at the lowest commercial mortgage rates with the least amount of hassle. Our network of Michigan commercial lenders is ready to offer you the best deals on your Michigan commercial real estate loans.
Michigan Property Owners, Investors, Business Owners and Real Estate Professionals need more than just a fast loan decision and a great rate. CommercialQuest provides the experience, technology and network you need to achieve your goals.
Types of Michigan Commercial Loans
Michigan Office Building Loans – get great rates and loan terms on all types of office properties, including multi-tenant and single tenant buildings in all locations for both owner occupied and investor properties.
Michigan Multifamily Loans – find loans for garden apartments, high-rise multifamily buildings, student housing complexes, underlying cooperatives, and all other types of residential dwellings.To qualify as a multi-family investment property, the building must have five or more dwellings (apartments), whereas buildings with four or less units are still classified as residential 1-4 investment properties in most states.
Michigan Mixed Use Property Loans – our mixed-use property financing program offers you easy qualification on the purchase or cash-out refinance of a mixed-use building and includes the flexibility to remain in the loan for up to 30 years.
Michigan Industrial Property Loans – find the best loan terms for warehouse, industrial and manufacturing properties containing multiple tenants in suburban or urban locations with a minimum population of 50,000 residents. These buildings typically house light manufacturers, warehouse and distribution companies and storage operators.
Michigan Special Use Loans – our network of specialized lenders that understands small business lending secured by owner occupied businesses such as motels, gas stations, restaurants, car washes, retail stores, and other specialty properties. In most cases, traditional banks shy away from these types of loans, but we are here to help.
Michigan Bridge Loans – Commercial bridge loans (also known as commercial mortgage bridge loans) are short-term commercial real estate loans that are used for the purchase of commercial properties when permanent financing is not an option. Find you best options for commercial bridge loans with us.
Find the best Commercial Real Estate Loans in Michigan. Whether it's a commercial office in Detroit, a mixed-use investment property in Grand Rapids, or a retail space in Warren, our focus is to be your #1 Michigan Commercial Mortgage Loan Source.
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Commercial Loans for Properties Located in Michigan
Ann Arbor Metro, Battle Creek Metro, Benton Harbor Metro, Detroit Metro, Flint Metro, Grand Rapids Metro, Holland Metro, Jackson Metro, Kalamazoo Metro, Lansing-East Lansing Metro, Monroe Metro, Muskegon Metro, Saginaw-Midland-Baycity Metro, Traverse City Metro
About CommercialQuest.com
CommercialQuest.com is changing the way you think about financing commercial real estate. Traditional bank methods of commercial lending are outdated and do no not match the needs of today's modern real estate investor or business owner. That is why we created CommercialQuest.com
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