HUD/FHA Multifamily Loans in Grand Rapids, MI

Grand Rapids is West Michigan's commercial center and a global hub for office furniture manufacturing (Steelcase HQ, MillerKnoll/Herman Miller HQ in Zeeland, Haworth HQ in Holland), healthcare (Corewell Health, Trinity Health Grand Rapids), automotive supply, food and beverage (Meijer HQ, the Gerber/Nestle plant), and a growing life sciences cluster on the Medical Mile. The metro's economy is among the most diversified in the Midwest, with strong industrial absorption along the US-131 corridor, robust multifamily fundamentals supported by population in-migration, and increasing institutional capital flows that lagged Tier 2 markets in prior cycles.

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HUD/FHA Financing for Grand Rapids Commercial Properties

CLS CRE provides hud/fha multifamily loans for commercial real estate investors in the Grand Rapids-Kentwood market. With access to 1,000+ lender relationships nationwide, we source the most competitive terms available for Grand Rapids properties.

Loan Amount
$5M to $100M+
Term
35 to 40 Years
Rates
5.25% to 6.75%
Ltv
Up to 85% LTV (90% for affordable)
Amortization
Fully Amortizing
Recourse
Non-Recourse

Property Types in Grand Rapids

Explore financing by property type in the Grand Rapids-Kentwood market.

HUD/FHA Multifamily Loans in Other Cities

HUD/FHA Multifamily Loans in Grand Rapids FAQ

The best commercial lenders in Grand Rapids depend on your property type and loan needs. CLS CRE works with 1,000+ banks, life insurance companies, debt funds, CMBS conduits, and agency lenders to find the most competitive hud/fha multifamily loans financing for your Grand Rapids property. Contact us for a customized lender recommendation.
Current hud/fha multifamily loans rates in Grand Rapids range from 5.34% to 8.25%, depending on the lender, property type, and borrower qualifications. Rates in the Grand Rapids-Kentwood market are influenced by local market conditions, property quality, and competition among lenders.
Commercial loan closings in Grand Rapids typically take 45-90 days for permanent financing and 2-4 weeks for bridge loans. Timelines depend on the lender type, property complexity, and local requirements such as environmental reviews and appraisal turnaround times.
Not necessarily. While local banks and credit unions in Grand Rapids offer relationship-based lending, national lenders (life companies, CMBS, agency) often provide more competitive rates and terms. CLS CRE sources capital from both local and national lenders to find the best fit.
In the Grand Rapids-Kentwood market, the most financeable property types currently include multifamily apartments, industrial warehouses, and well-tenanted retail — all driven by strong local demand and favorable lender appetite. Contact CLS CRE for a market-specific financing assessment.

Get HUD/FHA Financing in Grand Rapids

Contact Commercial Lending Solutions for a free, no-obligation hud/fha loan quote for your Grand Rapids commercial property.

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Or call us: 310.758.4042

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