---
title: Lenders in Lansing, MI: 37 Made Multifamily Loans in 2024-25
url: https://lender.report/lenders-in/lansing-mi/
license: https://lender.report/license/
---

Metro area · MI

# Lenders in Lansing, MI

37 lenders made 92 multifamily loans in the Lansing-East Lansing, MI metro area in 2024 and 2025, $364.5M in all. First National Bank of America made the most, with 10. The typical loan was about $1.2M.

**Evidence**
Multifamily loans placed in the metro area, HMDA

**Data as of**
HMDA 2025

**Page last changed**
November 11, 2026

**Lenders on record**
37

HMDA, 2025

**Multifamily loans, 2024-25**
92

HMDA, 2025

Manufactured-home parks excluded

**Dollars**
$365M

HMDA, 2025

**Typical loan**
$1.2M

HMDA, 2025

Cite this

Source: The Lender Report, Lenders in Lansing, MI, https://lender.report/lenders-in/lansing-mi/, data as of December 31, 2025.

## Describe a deal in Lansing, MI

This page lists who has made multifamily loans here. Loan Comps shows who has made a loan like yours, with the loans to prove it.

[Start with a deal in Lansing, MI](https://lender.report/comps/?lane=multifamily&metro=29620)[A lender in Lansing, MI? Find your page](https://lender.report/for-lenders/?from=market)

| Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans |
| --- | --- | --- | --- | --- | --- | --- |
| [First National Bank of America](https://lender.report/lender/first-national-bank-of-america-mi/) [multifamily record](https://lender.report/lender/first-national-bank-of-america-mi/multifamily/) | Bank | East Lansing, MI | 10 | $11.6M | 4 | 6 |
| [Eaton Community Bank](https://lender.report/lender/eaton-community-bank-mi/) [multifamily record](https://lender.report/lender/eaton-community-bank-mi/multifamily/) | Savings | Charlotte, MI | 10 | $10.3M | 6 | 4 |
| [CASE Credit Union](https://lender.report/lender/case-credit-union-mi/) [multifamily record](https://lender.report/lender/case-credit-union-mi/multifamily/) | Credit union | Lansing, MI | 10 | $9.34M | 9 | 1 |
| [The Dart Bank](https://lender.report/lender/dart-bank-mi/) [multifamily record](https://lender.report/lender/dart-bank-mi/multifamily/) | Bank | Mason, MI | 5 | $6.48M | 2 | 3 |
| [Lument Real Estate Capital](https://lender.report/lender/lument-real-estate-capital-oh/) [multifamily record](https://lender.report/lender/lument-real-estate-capital-oh/multifamily/) | Non-bank | Columbus, OH | 4 | $18.4M | 2 | 2 |
| [Old National Bank](https://lender.report/lender/old-national-bank-in/) [multifamily record](https://lender.report/lender/old-national-bank-in/multifamily/) | Bank | Evansville, IN | 4 | $2.94M | 3 | 1 |
| [PNC Bank, National Association](https://lender.report/lender/pnc-bank-de/) [multifamily record](https://lender.report/lender/pnc-bank-de/multifamily/) | Bank | Wilmington, DE | 3 | $34.7M | 1 | 2 |
| [Wells Fargo Bank, National Association](https://lender.report/lender/wells-fargo-bank-sd/) [multifamily record](https://lender.report/lender/wells-fargo-bank-sd/multifamily/) | Bank | Sioux Falls, SD | 2 | $63.0M | 1 | 1 |
| [Lake Trust Credit Union](https://lender.report/lender/lake-trust-credit-union-mi/) [multifamily record](https://lender.report/lender/lake-trust-credit-union-mi/multifamily/) | Credit union | Brighton, MI | 2 | $59.6M | 2 | 0 |
| [Lument Structured Finance LLC](https://lender.report/lender/lument-structured-finance-oh/) [multifamily record](https://lender.report/lender/lument-structured-finance-oh/multifamily/) | Non-bank | Columbus, OH | 2 | $37.0M | 2 | 0 |
| [Isabella Bank](https://lender.report/lender/isabella-bank-mi/) [multifamily record](https://lender.report/lender/isabella-bank-mi/multifamily/) | Bank | Mount Pleasant, MI | 2 | $13.2M | 1 | 1 |
| [Mercantile Bank](https://lender.report/lender/mercantile-bank-mi/) [multifamily record](https://lender.report/lender/mercantile-bank-mi/multifamily/) | Bank | Grand Rapids, MI | 2 | $12.3M | 1 | 1 |
| [Genisys Credit Union](https://lender.report/lender/genisys-credit-union-mi/) [multifamily record](https://lender.report/lender/genisys-credit-union-mi/multifamily/) | Credit union | Auburn Hills, MI | 2 | $6.22M | 2 | 0 |
| [Michigan Schools and Government Credit Union](https://lender.report/lender/michigan-schools-and-government-credit-union-mi/) [multifamily record](https://lender.report/lender/michigan-schools-and-government-credit-union-mi/multifamily/) | Credit union | Clinton Township, MI | 2 | $3.90M | 1 | 1 |
| [Independent Bank](https://lender.report/lender/independent-bank-mi/) [multifamily record](https://lender.report/lender/independent-bank-mi/multifamily/) | Bank | Grand Rapids, MI | 2 | $3.00M | 1 | 1 |

HMDA, 2025

[All 37 lenders in Lansing, MI, by loan size](https://lender.report/multifamily-lenders/lansing-mi/)

| County | Loans | Dollars | Lenders |
| --- | --- | --- | --- |
| [Ingham County, MI](https://lender.report/lenders-in/michigan/ingham-county/) | 64 | $291M | 31 |
| Eaton County, MI | 19 | $61.4M | 12 |
| Clinton County, MI | 7 | $11.8M | 7 |

HMDA, 2025

A county is listed for a year only when the public file holds 5 or more multifamily loans there that year.

| Loan size | Loans |
| --- | --- |
| Under $1M | 42 |
| $1M to $2.5M | 23 |
| $2.5M to $5M | 12 |
| $5M to $10M | 4 |
| $10M or more | 11 |

HMDA, 2025

- Lenders made 92 multifamily loans totaling $364.5M in Lansing, MI in 2024 and 2025. HMDA, 2025
- 3 of these loans were made by lenders that have since merged or closed. They are counted in the totals here and appear in no lender's row. HMDA, 2025
- 57 of the loans were made in 2025 and 35 in 2024. HMDA, 2025
- The typical loan in Lansing, MI was about $1.2M, with the middle half between $560K and $2.9M. HMDA, 2025
- 42 of the loans were under $1M, and 15 were $5M or more. HMDA, 2025
- Lenders reported a median rate of 6.95% on 71 loans in Lansing, MI, with the middle half between 6.50% and 7.37%. HMDA, 2025
- The median term was 5 years. HMDA, 2025
- The median loan to value was 69%. HMDA, 2025
- 38% of the loans were refinancings and 57% were purchases. HMDA, 2025
- Banks and savings institutions made 52 of the loans, credit unions 23, and non-banks 14. HMDA, 2025
- The five most active lenders made 42.4% of the loans. HMDA, 2025
- The three most active lenders were First National Bank of America with 10, Eaton Community Bank with 10, and CASE Credit Union with 10. HMDA, 2025
- 20 of the 37 lenders are based in Michigan. The rest are based elsewhere, most often in Ohio, Illinois and Indiana. HMDA, 2025
- The most common property size was 5 to 24 units, with 47 loans. HMDA, 2025
- 3 counties in the metro area have loans on record, and Ingham County, MI has the most, with 64. HMDA, 2025

## How this list is defined

**Measure**
Multifamily loans made in the Lansing, MI metro area

**Period**
2024 and 2025

**Formula**
Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the metro area, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans there.

**Order**
Largest first by loans recorded in the place, then dollars, then name. Payment is not part of the order.

**As of**
2025

**Source**
[HMDA](https://ffiec.cfpb.gov/data-browser/)

**Changelog**
November 12, 2026: First published, with the data built on this date.

## What we don't know

- Whether any of these lenders is taking new loans today.
- What they charge or require beyond the rate and term that HMDA reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.

A metro area or county is named for a year only when the public file holds 5 or more multifamily loans there that year, so a small place is never exposed by a count.

HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date.

Lenders that merged or stopped filing are left out.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. [Report a problem](https://lender.report/report/)

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.
