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Updated about 10 years ago on . Most recent reply
Michigan Bank Recommendation
I am looking for a good regional or small bank or credit union that offers good terms and products for investors in Michigan. I have a good amount of collateral, experiance and can bring in 25-50k cash to open accounts. I have bootstrapped it thus far, but would like to have some financial backing as I grow. Being in banking myself, I know most banks I deal with are not interested in lending to real estate investors at this time. Does anyone know of a bank that is "investor friendly" or have any individual bankers they would recommend?
Thanks
Most Popular Reply
Community Choice Credit Union has been good for me for 30 Year Conforming mortgages. I also just did a Commercial loan with Lake Trust Credit Union. Good People. Give them both a call.
Gregg Khoury in Residential Lending at Community Choice.
Ken Michalak Commercial Lending Manager
Lake Trust Credit Union | 7927 Nemco Way | Brighton, MI 48116
Direct Line 517.267.7306 | Fax 810.229.3125