Wholesaler · Grand Rapids, MI · Member since 2015 · 24 posts · 7 votes
Think I have my first single family residence ready to pull the trigger on. 84k purchase price. Have 20% down and wanted to know of Grand Rapids Michigan lending institutions that are investor friendly. Credit score, w2, debt to income are all good - will qualify for conforming products without issue.
Congrats on reaching a point of being ready to pull the trigger! That's a big step. While I have not personally banked with them, I know Mercantile has been significantly ramping up their mortgage division lately so they may be offering favorable terms. Might be worth a stop in.
What about Lake Michigan Credit Union? They have a branch up here in Traverse City too. I am not a member there but have heard good things. I am a member at 4Front Credit Union but I don't believe they have a brick and mortar in GR? Good Luck!!