Michigan commonly enforces recorded mortgages with a power of sale through foreclosure by advertisement, with newspaper notice for 4 successive weeks. Construction lien claims must be recorded within 90 days of last furnishing labor or material. EGLE also maps Great Lakes high-risk erosion areas where shorelines recede one foot or more a year.
World's Fair Capital makes business purpose loans to real estate investors in Michigan: fix and flip, DSCR rental, bridge and ground-up construction. This page covers points that most often matter to an investor there, each checked against the statute or agency that publishes it. It is general information, not legal or tax advice, and terms for any loan are set at underwriting.
Prepared by the WFC editorial team. Facts checked against the cited sources, last reviewed 2026-10-11.
Which describes you?
How a Michigan loan works with us
- 1Start your application
Fill out a short application in our secure portal.
- 2Review the term sheet
We prepare a term sheet for you to review and e-sign.
- 3Underwriting
Our team works the file and sends a clear document checklist.
- 4Closing
We close and fund through the title or closing agent.
What investors should know about Michigan
Foreclosure by advertisement
Michigan permits a mortgage containing a recorded power of sale to be foreclosed by advertisement when a default has occurred and no action to recover the debt is pending.
Source: MCL 600.3204, checked 2026-10-11
Published notice of sale
Notice of a foreclosure sale must be published for 4 successive weeks in a newspaper in the county, and a copy posted on the premises within 15 days after first publication.
Source: MCL 600.3208, checked 2026-10-11
Mortgage with power of sale
Michigan's foreclosure statute works through a mortgage that contains a power of sale and has been properly recorded.
Source: MCL 600.3204, checked 2026-10-11
Construction lien: 90 days
A Michigan construction lien ceases to exist unless a claim of lien is recorded with the register of deeds within 90 days after the claimant last furnished labor or material.
Source: MCL 570.1111, checked 2026-10-11
Great Lakes high-risk erosion areas
Michigan EGLE designates high-risk erosion areas, which are Great Lakes shorelines receding at one foot or more per year for at least 15 years.
Source: Michigan EGLE, High Risk Erosion Areas, checked 2026-10-11
General information, not legal or tax advice. Confirm details with your own counsel or title agent.
For brokers
Placing a deal in Michigan?
Your client stays your client. We work the deal with you, not around you.
Your compensation is written into the Letter of Intent your client reviews and e-signs, before underwriting begins.
Register in the portal to submit deals online, use program sheets and calculators, and track every file.
Questions on a Michigan deal? Call 800-590-7911 (Mon–Fri 8:00 AM – 5:00 PM EST).
What to send for a first look
- Property address and type
- Purchase price, or current value on a refinance
- Loan amount requested and what it is for
- Rehab or construction budget, if any
- Current or expected rent on a rental
- The borrower's experience and estimated credit score
- Your timeline to close
Loan programs for Michigan investors
- Hard Money Loans
- Fix & Flip Loans
- Rental / DSCR Loans
- Ground-Up Construction Loans
- Commercial Bridge Loans
- Multifamily Bridge Loans
- Small Balance Commercial Loans
- Foreign National Loans
- FlexCap Business Bridge Loans
Program availability varies by property and borrower. Business purpose loans only.
Have a deal in Michigan?
Call 800-590-7911 (Mon–Fri 8:00 AM – 5:00 PM EST) or start online.
Nothing on this website constitutes a commitment, approval, or guarantee of financing.
Rates, fees, terms, timelines, and program descriptions are subject to change without notice.
Any investor-related or capital discussion is not an offer to sell, a solicitation to buy, or a recommendation of any security or investment product.