Long-term rental financing for investment properties across Michigan — qualified off the property's income, not your personal DTI. 30-year fixed from 5.75%, up to 80% LTV, and only 3 months of seasoning on cash-out refinances. SLA Capital has closed deals across every major Michigan metro.
SLA Capital — a Sir Lends A Lot LLC Company
A DSCR loan — short for Debt Service Coverage Ratio — is an investor mortgage that qualifies off the property's rental income rather than the borrower's personal income or debt-to-income ratio. If the property's rent covers the total housing payment (principal, interest, taxes, insurance, and HOA), the loan qualifies. Self-employed investors, LLC-title borrowers, and anyone with complex tax returns can build a rental portfolio without W-2 gymnastics.
Michigan pairs Detroit metro EV/auto comeback with Grand Rapids growth and Ann Arbor / East Lansing university stability. Detroit and Flint offer some of the highest cash-flow SFR yields in the country for portfolio investors.
The Detroit metro has been rebuilding around EV manufacturing (Ford, GM, Stellantis), tech, and financial services (Rocket, Dan Gilbert investments). Rental demand across the metro has strengthened.
Grand Rapids has been one of the fastest-growing Midwest metros over the past decade, with medical, education, and manufacturing employers anchoring long-term demand.
Ann Arbor (Michigan) and East Lansing (MSU) provide premium university-anchored demand. Detroit and Flint offer some of the highest cash-flow yields in the Midwest.
Whether you're closing a single-asset SFR in a smaller Michigan market or a portfolio in a major metro, we're active statewide. High-volume markets we regularly close in include:
Wayne + Oakland + Macomb counties — SFR + urban
Kent County — West Michigan growth market
Washtenaw County — University of Michigan + tech
State capital + Michigan State University
Kalamazoo County — WMU + pharma (Pfizer) demand
Genesee County — high-yield SFR
Resort STR corridors (zoning-dependent)
Statewide coverage — send us any Michigan property
Same nationwide program, no state-specific surcharges.
Priced off the 5-year Treasury. Real quote in minutes via our loan sizer — no bait-and-switch at close.
Purchase and rate-and-term refis up to 80% LTV. Cash-out refis with 3-month seasoning — no lease required.
30-year fixed, 5-year interest-only, 5/1 ARM, 7/1 ARM.
Single-asset from $55K to $3M. Portfolio structures for 2–10 Michigan properties on one note.
Up-front pricing. One origination point, standard closing costs, no junk fees.
Property rent must cover PITIA. Below 1.0 scenarios can still qualify with reserves or a rate buy-up.
Yes. SLA Capital funds DSCR rental loans throughout Michigan — Detroit Metro, Grand Rapids, Ann Arbor, Lansing & East Lansing, Kalamazoo, and every other MI metro. Rates from 5.75%, up to 80% LTV.
Michigan DSCR loans start at 5.75% on a 30-year fixed structure. Priced off the 5-year Treasury with transparent up-front pricing — the rate you're quoted is the rate you close at.
Every Michigan metro. High-volume markets: Detroit Metro, Grand Rapids, Ann Arbor, Lansing & East Lansing, Kalamazoo. Secondary markets welcome.
Michigan pairs Detroit metro EV/auto comeback with Grand Rapids growth and Ann Arbor / East Lansing university stability. Detroit and Flint offer some of the highest cash-flow SFR yields in the country for portfolio investors.
3 months. Only 3 months of ownership seasoning is required for cash-out refinances on Michigan DSCR loans, and no active lease is required at closing.
Send us the property. Our sizer returns a real term sheet in minutes.
Short-term purchase + rehab financing across every Michigan metro. Rates 9.5–12%. Up to 100% LTC for premier borrowers.
Ground-up construction loans for Michigan builders. 85% land + 85% build. $100K–$7.5M.