Commerce Township Michigan Mortgage Broker — 25+ Years of Trusted Lending
Edward Kalavitz | NMLS #138424 | Serving Commerce Township, Oakland County & All 83 Michigan Counties
Edward Kalavitz · MLO NMLS #138424 · Private Mortgage Guarantee LLC · Serving Commerce Township, Oakland County & all 83 Michigan counties
In This Guide
- Today’s Rates in Commerce Township
- Michigan Mortgage Advisor
- Meet Your Commerce Township Mortgage Broker
- About Commerce Township, Michigan
- Neighborhoods & Subdivisions
- Property Types
- Schools & Education
- Cost of Living & Taxes
- Market Trends
- Mortgage Options in Commerce Township
- Buying in Commerce Township
- Selling in Commerce Township
- Why Choose Edward
- Edward’s Local Take
- Watch: Meet Edward
- Nearby Cities
- Google Reviews
- Commerce Township FAQ
- Available Hours
Mortgage Rates in Commerce Twp
Competitive pricing personalized to your scenario. Rates shown reflect 740+ credit, 30-year fixed terms unless noted.
Purchase Loans
Conventional Purchase
15-Year Conventional
FHA 30-Year Purchase
VA 30-Year Purchase
USDA Purchase & Refinance
USDA 30-Year Purchase
FHA Streamline Refi
Conventional Refinance
Jumbo & High-Balance
Jumbo / High-Balance
Get Your Commerce Township Rate in Writing
The rates above are today’s pricing at a 740 score. Your broker will quote your actual scenario — your credit, your down payment, your address — usually the same business day.
Not Sure Which Loan You Qualify For?
See the rates. Not sure which loan fits your situation? The Michigan Mortgage Advisor answers that in 60 seconds — analyzing your credit, down payment, and goals to recommend the best loan program and show you your real monthly payment on Commerce Township Michigan real estate.
- Instant loan-type recommendation — FHA, VA, USDA, or Conventional
- Live rate and APR for your exact scenario
- Michigan-specific closing cost estimate
- No credit check required to start
Best loan for you: FHA
3.5% down
~$1,830/mo principal + interest
Your actual recommendation is calculated live based on your inputs.
Meet Your mortgage expert
When Oakland County buyers want expert lending guidance and a responsive professional who truly understands Michigan’s residential market, they turn to Edward Kalavitz — your local loan expert with over 25 years of mortgage and real estate expertise. Commerce Township, Michigan is a Oakland County community where average home prices of about $437,295 sit 23.4% above the Michigan statewide average — creating a compelling opportunity for buyers across a wide range of financial profiles.
As both a licensed mortgage broker and Michigan realtor, Edward delivers a seamless dual-service advantage — one professional handles both your financing strategy and your real estate guidance from pre-approval through closing day.
Conventional financing is the featured primary program at Commerce Township’s average of about $437,295 — down payments starting at 3-5% (about $13,119–$21,865) and the most flexible long-term structure for buyers with solid credit. FHA provides the credit-accessible alternative with just 3.5% down (about $15,305) for buyers earlier in their financial journey.
USDA rural development zero-down financing may also be available for some Commerce Township-area addresses verifies USDA eligibility for any address at no cost during the initial consultation.
With 27 homes sold in six months and a 65-day average market time, Commerce Township gives buyers meaningful time to evaluate properties carefully. Your loan officer typically has pre-approval letters ready within 24 hours.
Edward Kalavitz is available seven days a week including every holiday — weekdays 8 AM–8 PM and weekends 9 AM–8 PM. Call (616) 633-3692 anytime.
Edward Kalavitz holds both a mortgage broker license (NMLS #138424) and Michigan realtor license (#6501386956). As your local mortgage expert, Edward delivers Conventional + FHA lending expertise alongside dual financing and real estate guidance. 25+ years of Oakland County market knowledge and 7-day availability including all holidays.
Commerce Township Michigan Mortgage Broker — First-Time Homebuyer Guide
With conventional financing starting at 3% down and FHA requiring about $15,305 at Commerce Township’s average of about $437,295 — 23.4% above the Michigan statewide average — Commerce Township offers strong value for first-time buyers. Your broker has guided hundreds of first-time buyers over 25+ years.
Your mortgage expert evaluates conventional and FHA side by side to identify the program delivering the best combination of upfront cost, monthly payment, and long-term structure. Michigan down payment assistance programs may further reduce upfront costs. Call Edward at (616) 633-3692 — pre-approval letters are typically ready within 24 hours.
Financing note: Your local loan expert lends across every one of these neighbourhoods, and as your local mortgage expert, Edward can pre-approve you before you start touring.
About Commerce Township, Michigan
Commerce Township is a charter township in Oakland County and a northwestern suburb of Metro Detroit. The 2020 census recorded a population of 43,058 across roughly 29.9 square miles, of which about 2.45 square miles is open water. The township sits about 34 miles northwest of downtown Detroit, served by ZIP codes 48323, 48381, 48382, and 48390 in area code 248. Borders run against Walled Lake and Wixom to the south, and the township also contains the village of Wolverine Lake. Edward can explain how underwriting treats this.
The area saw its first settler, Abram Walrod, arrive in May 1824. A decade later, on March 7, 1834, sufficient growth in the region prompted the quartering of the original Novi Township into smaller units for self-government. Commerce Township and Lyon Township were organized that day, with Milford Township later splitting from Lyon in 1835.
The community was originally settled as a resort destination, drawing visitors to the local chain of inland lakes. Over the twentieth century, the rural setting and recreation areas, including most of Proud Lake State Recreation Area along the Huron River, drove a transition from seasonal cottages to year-round permanent residency.
The local economy is tied to the broader Metro Detroit and Oakland County labor market. Residents commute to employment centers across the region, with Detroit reachable in about 38 minutes by car, Ann Arbor in roughly 44 minutes, and the state capital in Lansing in about 66 minutes.
Within the township, the M-5 freeway terminates north into Commerce Township. The route was originally planned to connect Interstate 275 back to Interstate 75, but the project was canceled because of construction difficulty around the numerous lakes and the high property values of the area. That decision preserved the lake-anchored residential character that still defines the housing market here.
Neighborhood Guide · Commerce Township, MI
Commerce Twp Neighborhoods
The community spans roughly 29.9 square miles, with about 8.2 percent of that area covered by inland lakes and the Huron River corridor running mostly north to south. Residential pockets cluster along the shoreline of the largest lakes, along the M-5 and I-96 access points to the south, and across subdivisions that grew up as the area transitioned from resort cottages to permanent year-round housing.
Commerce Lake Shoreline
Homes line one of the larger inland lakes in the local chain, with parcels ranging from updated mid-century cottages to newer custom builds set back behind mature trees. Inventory is limited because shoreline turns over slowly, and any waterfront sale tends to draw multiple offers when priced correctly. Ask your loan officer what documentation this will require.
Lots vary widely in depth and frontage. Some are tight lake-cottage parcels carried over from the resort era, while others extend back into private wooded acreage. The pattern of mixed parcel sizes is typical of lakes that grew up before modern subdivision platting. Edward Kalavitz can tell you if this affects your timeline at all.
Walkability: Drive-oriented private lake lanes; no village-style walkable core; lake access on foot for shoreline owners only. As your local mortgage expert, Edward keeps the lending and the buying on one schedule.
Buyer fit: Common among buyers prioritizing direct frontage on a larger Oakland County lake, willingness to commute by car for daily errands, and a long-term hold horizon. Move-up buyers from neighboring suburbs frequently target this shoreline once kids are older and the family no longer needs walk-to-school proximity. Your broker can confirm the current figure rather than an estimate.
Walled Lake Shoreline
The Walled Lake shoreline straddles the township border with the adjoining city of Walled Lake, putting some homes inside the township and others just across the line. Inventory blends original lake cottages, mid-century ranch homes, and newer teardown rebuilds on legacy parcels. Bring your questions on this to your mortgage expert early in the process.
Because the shoreline edge is shared with another jurisdiction, exact municipal services and tax milling can change parcel by parcel. The lake itself draws boating, fishing, and swimming traffic from across the southern Oakland County corridor. Your local loan expert can show you the difference in real dollars.
Walkability: Drive-oriented lakefront streets with limited sidewalk grids; nearest pedestrian-scale services sit in the adjoining city of Walled Lake. Ask Edward which loan programs treat this most favourably.
Buyer fit: Common among buyers prioritizing an active inland lake for weekend recreation alongside a reasonable Detroit-direction commute. Many owners use the property year-round rather than seasonally, blurring the historic line between vacation home and primary residence. Your loan officer can tell you what a seller is likely to accept here.
Twin Lakes Area
The Twin Lakes pocket sits within the broader township and reflects the area’s identity as one of several inland-lake neighborhoods rather than a single shoreline community. Parcels are split between direct frontage, second-tier lots with deeded access, and interior subdivision homes a short drive from the water. As your local mortgage expert, Edward can answer this without a referral.
Pricing typically scales with frontage and lot depth. Interior subdivision homes nearby trade at lower price points than direct shoreline, but still benefit from neighborhood association amenities where they exist. Edward Kalavitz can check this against today’s guidelines.
Walkability: Drive-oriented; subdivision streets often include sidewalks but lake-adjacent lanes are narrow and car-first. This is a question for your broker before you start looking.
Buyer fit: Common among buyers looking for lake-area lifestyle without the price point of the largest shoreline parcels. Suits move-up families, lake-recreation enthusiasts who do not need direct frontage, and buyers who prioritize a quieter setting than the main shoreline streets. Your mortgage expert can tell you how much room this leaves you.
Walled Lake Consolidated Schools Area
These residential blocks feed into the Walled Lake Consolidated Schools district, which operates Walled Lake Central, Walled Lake Northern, and Walled Lake Western High Schools all within the township. Inventory leans toward later-twentieth-century single-family subdivisions on platted suburban lots. Ask your local loan expert to sanity-check the numbers you have been quoted.
Streets here are dominated by family-oriented buyers, with steady turnover as kids age out of the district. The combination of three high school attendance areas inside one school system gives families some flexibility in matching a specific school to a specific home. Edward can confirm what a lender will need to see.
Walkability: Sidewalks throughout most subdivisions; school walking and biking routes are common for elementary and middle schoolers. As your local mortgage expert, Edward reviews this with every buyer.
Buyer fit: Common among families prioritizing the public school district feeder pattern, predictable suburban subdivision character, and proximity to the Metro Detroit job market. Many buyers in this pocket are moving in from denser parts of Oakland County or from out of state via the Detroit-area employer relocation pipeline. Your loan officer can tell you whether waiting changes anything.
M-5 / I-96 Corridor
Residential parcels along the southern edge of the township sit close to the northern terminus of M-5 and to Interstate 96. Both routes feed traffic toward the Metro Detroit core, the western suburbs along I-96, and connections south toward Ann Arbor. Worth asking Edward Kalavitz how this fits your down payment plan.
Because M-5 was originally planned to continue south and was canceled around the lake belt, the corridor today functions as a commuter funnel rather than a full beltway. Homes nearest the freeway exits trade noise exposure for materially shorter commute times. Your broker can put a real figure to this rather than a range.
Walkability: Drive-oriented; freeway-adjacent character means very limited pedestrian infrastructure beyond individual subdivisions. Ask your mortgage expert what this looks like on a monthly basis.
Buyer fit: Common among buyers whose top priority is shortening a Detroit-direction commute while staying within the lake-belt school districts. Suits dual-career households with one spouse commuting east toward Detroit metro employment centers and the other working closer to home. Your local loan expert can tell you if this is worth structuring differently.
Greater Commerce Twp Subdivisions
The broader subdivision stock includes neighborhoods that grew up across multiple decades as the township transitioned from resort cottages to year-round housing. Lot sizes, build years, and architectural details vary widely from block to block. As your local mortgage expert, Edward will tell you plainly if it does not work.
These interior subdivisions are where most year-round families end up. Pricing reflects both the build vintage and proximity to the lake-belt amenities; newer, larger homes set back from the lakes still trade as part of the broader township market rather than as standalone shoreline product. Edward can identify this before it becomes a condition.
Walkability: Sidewalks throughout most newer subdivisions; older platted blocks are mixed. Ask your loan officer to review this alongside your credit profile.
Buyer fit: Common among year-round township residents who value the school districts, the lake-area lifestyle, and the Metro Detroit commute access without paying a shoreline premium. Suits first-time move-up buyers, relocating families, and long-tenure homeowners trading sideways within the same community. Edward Kalavitz can tell you how sellers here typically handle it.
Financing note: Value varies block by block here, and your broker prices the specific address rather than the postcode. Ask your mortgage expert which pockets appraise most consistently.
Property Types in Commerce Twp
Single-Family Homes
Single-family detached housing is the core inventory across the township. Broader interior subdivisions generally run from the high $400Ks through the mid $800Ks, while Commerce Lake and Walled Lake shoreline parcels reach above $1.2M. Build vintages span from mid-century lake cottages to modern custom builds on legacy parcels. This is where having a Commerce Township Michigan mortgage broker who knows the area helps.
Condos & Townhouses
Attached housing is a smaller share of the local stock than detached single-family, but condo and townhouse communities give buyers a lower-maintenance option close to the school districts and freeway corridor. This product type often suits downsizing residents trading out of a larger family home and first-time buyers entering the township. Your local loan expert can confirm eligibility before you get attached to a house.
New Construction
New construction continues to come online across the township as legacy lake-cottage parcels are torn down and rebuilt, and as remaining subdivision lots are developed. Pricing reflects the higher cost of current materials and labor, plus the underlying land value that comes with proximity to the lakes and the school districts. Ask Edward whether a different programme suits you better.
Investment Properties
The local rental market draws demand from the broader Metro Detroit and Oakland County workforce. Investment buyers in the area typically focus on smaller single-family homes and condos that rent to families wanting the school district without committing to a purchase, plus seasonal lake-area rental opportunities. Your loan officer can talk this through in plain language.
Waterfront Homes
The lake chain — Walled Lake, Commerce Lake, the Twin Lakes pocket, and the Huron River corridor — defines the waterfront segment. Pricing scales with frontage length, lot depth, water clarity, and association rules. Inventory is limited and tends to move quickly when priced correctly because shoreline turnover happens slowly here. As your local mortgage expert, Edward would want to see your figures first.
Luxury Homes
The higher end of the local market concentrates on direct lake frontage and the largest executive subdivisions. Buyers in this tier are typically move-up residents from elsewhere in Oakland County or relocation buyers from out of state via the Detroit-area employer pipeline, drawn by the combination of waterfront lifestyle and Metro Detroit professional access. Edward Kalavitz can tell you what changes and what does not.
Financing note: Programme fit depends on build type and condition. Your broker matches the loan to the property, and as your local mortgage expert, Edward flags repair-escrow risk before the appraisal, not after.
Commerce Twp Schools & Education
The two public school districts inside the township boundaries are Walled Lake Consolidated Schools and Huron Valley Schools. Walled Lake Northern, Walled Lake Central, and Walled Lake Western High Schools are all located within the township. Higher education is reached regionally through Oakland County campuses and the broader Metro Detroit university network.
Walled Lake Consolidated Schools
Walled Lake Consolidated Schools is the primary public district covering most of the township. The district operates three high schools all located within Commerce Township boundaries: Walled Lake Central, Walled Lake Northern, and Walled Lake Western.
Having three district high schools inside one township is unusual in Oakland County and shapes how buyers shop for housing here. Attendance lines can route a single subdivision toward one of the three high schools, so buyers focused on a specific school typically verify the address-level assignment before writing an offer rather than relying on neighborhood-level rules of thumb.
Huron Valley Schools
Huron Valley Schools is the second public district whose boundaries fall partly inside the township, primarily covering the western portion. The district extends across multiple adjoining communities, so housing in this part of the township is shared with families from surrounding townships and from Milford to the northwest.
Because the western edge of the township also borders the Huron River corridor and the Proud Lake recreation area, buyers in this zone often weigh the school district against the recreational and rural-residential character of the land. Edward routinely verifies the exact district assignment for any address before a buyer commits to an offer.
Higher Education — Oakland Community College / Oakland University
Higher education in the area is accessed regionally rather than from a campus inside the township itself. Oakland Community College operates multiple campuses across Oakland County, and Oakland University serves as the primary four-year public university for the county.
Buyers relocating with college-age children or working adults pursuing continuing education typically commute from the township to the nearest campus by car. The University of Michigan in Ann Arbor is reachable in about 44 minutes for buyers willing to make a longer drive for a specific program.
School district boundaries cross municipal lines and assignments shift periodically. Confirm exact district assignment for any specific property with Edward — he verifies district and enrollment options as part of the buyer consultation.
Financing note: District lines move value street by street, and your mortgage expert prices from the appraised address rather than the mailing town. Ask your local loan expert to confirm the district before you write the offer.
Cost of Living & Property Taxes in Commerce Twp
One of the biggest advantages of Commerce Township Michigan real estate is affordability relative to comparable metro areas. Here’s what it costs to live in Commerce Township.
18 mills
Removed by PRE
$95,000
Median Household Income
~50%
Taxable Value of Market
Property Taxes
Commerce Township property taxes are calculated on a home’s taxable value — roughly 50% of market value in Michigan — multiplied by the local total millage rate (city or township + county + school + intermediate school district). Your exact tax depends on the specific property and jurisdiction within the Commerce Township area; Edward provides a precise estimate for any home you’re considering.
If the home is your primary residence, file the Michigan Principal Residence Exemption (PRE) — it removes 18 mills (the local school operating millage) from your tax bill. On an average-priced Commerce Township home, the PRE saves roughly $2,630 per year, typically 30–40% of total property taxes. The PRE is filed once at closing and stays in effect as long as you live in the home. Worth raising with Edward while you are still comparing homes.
Cost Comparison
Michigan offers among the lowest costs of living in the Great Lakes region. Housing, property taxes, and — since the 2020 no-fault auto insurance reform — vehicle insurance all run below national averages, and Michigan has no local income tax in most jurisdictions. For buyers relocating from higher-cost metros, that combination means a given budget reaches noticeably further in Commerce Township than in comparable out-of-state markets. Your loan officer can map this against what you want your payment to be.
Within Commerce Township, the real cost variable is neighborhood and property type rather than the city overall. Edward walks buyers through total monthly cost — mortgage, taxes, insurance, and utilities — for any specific Commerce Township home so the comparison is grounded in real numbers, not averages.
Financing note: Taxes and insurance are escrowed into the monthly payment and counted in your ratios, so Edward Kalavitz builds them in from the start rather than surprising you at closing.
Commerce Township Market Trends
Understanding market trends helps buyers and sellers make better decisions in the Commerce Township Michigan real estate market. Here’s what the data shows.
Key Trends for 2026
Prices rising steadily
Commerce Township home values continue to appreciate, outpacing the national average.
Low inventory
Current supply is well below a balanced market (typically 4–6 months), meaning demand significantly exceeds available homes.
Fast-moving market
Well-priced homes in desirable neighborhoods sell in under 2 weeks. Buyers need pre-approval ready.
Spring/summer peak
Historically, Commerce Township sees the strongest buyer activity from April through August.
New construction increasing
Developers are adding inventory in suburban areas, but supply still lags demand.
Financing note: Trends move faster than published averages, which is why your broker reprices weekly. Your mortgage expert can tell you what is actually closing in Commerce Township right now.
Commerce Township Michigan Mortgage Broker Loan Programs
Your local loan expert offers the full range of Michigan mortgage programs for Oakland County buyers. Edward compares all programs across multiple wholesale lenders to find your best fit.
🏠 Conventional Loans Featured
№ 01- As low as 3-5% down — about $13,119–$21,865 at Commerce Township’s average
- PMI drops automatically at 20% equity
- Best long-term structure for buyers with 620+ credit
- Wholesale rates from dozens of lenders compared simultaneously
🏡 FHA Loans Featured
№ 02- 3.5% down — approximately $15,305 at Commerce Township’s average of about $437,295
- Credit scores as low as 580 accepted
- Seller can contribute up to 6% toward closing costs
- Flexible income and debt-to-income guidelines
🌾 USDA Loans Option
№ 03- Zero down payment for qualifying Commerce Township-area rural addresses
- Below-market interest rates for income-eligible buyers
- Edward verifies eligibility at no cost
- Income limits apply — Edward reviews Oakland County limits at consultation
💎 Jumbo Loans Option
№ 04- Available for Commerce Township properties exceeding the conforming loan limit
- Competitive wholesale jumbo rates from multiple lenders
- Typically requires 700+ credit and 10-20% down
- Ideal for premium Oakland County properties
🎖️ VA Loans — Zero Down for Commerce Township Veterans
№ 05- 0% down payment — no PMI ever required
- Available to veterans, active duty, and eligible surviving spouses
- Competitive rates that routinely outperform conventional options
- Edward is experienced with VA loan processing statewide
🔄 Refinance Options
№ 06- Rate-and-term refinance to reduce your monthly payment
- Cash-out refinance to access accumulated home equity
- Conventional, FHA Streamline, and VA IRRRL options available
- Edward calculates your break-even before recommending any refinance
📄 Bank Statement Loans
№ 07- 12-24 months of bank statements in place of tax returns
- Ideal for self-employed Commerce Township residents and business owners
- Available for purchase and refinance transactions
📊 DSCR Loans
№ 08- Qualify based on rental income — not personal income
- Ideal for Oakland County investment property purchases
- No employment verification or tax returns required
🔧 Renovation Loans
№ 09- Finance purchase plus renovation costs in one loan
- FHA 203(k) and conventional renovation options available
- Ideal for older Commerce Township-area residential properties
🏦 MSHDA Down Payment Assistance
№ 10- Up to $10,000 in down payment help from the Michigan State Housing Development Authority
- Income limits apply and vary by household size and county
- Can be combined with FHA or Conventional financing on an eligible purchase
- Edward checks your eligibility at the consultation — before you shop, not after
🔄 FHA Streamline Refinance
№ 11- For homeowners who already hold an FHA loan — refinance without a new appraisal in most cases
- No income documentation and no new credit underwriting on the standard non-credit-qualifying path
- Requires a net tangible benefit — the refinance has to measurably improve your position
- Edward reviews whether your current FHA loan qualifies at no cost
Commerce Township Michigan Mortgage Broker — Your 5-Step Process
Your loan officer has refined a clear, efficient process over 25+ years of Michigan lending.
Step 1: Free Consultation & Pre-Approval
Call Edward Kalavitz at (616) 633-3692 or apply online. Edward compares all programs simultaneously and identifies the best fit. Pre-approval letters are typically ready within 24 hours.
Step 2: House Hunting in Commerce Township
Pre-approval in hand, you evaluate Commerce Township properties with confidence. Your broker can also serve as your licensed realtor — running live payment scenarios as you compare properties across Oakland County.
Step 3: Loan Application & Rate Lock
Once your offer is accepted, your mortgage expert completes the formal loan application and locks your rate — comparing pricing across all wholesale lenders for your best available terms.
Step 4: Processing & Underwriting
Edward manages the complete pipeline — appraisal, title, underwriting submission, and clearance — keeping your Commerce Township transaction on track through every approval step.
Step 5: Closing Day — Welcome Home to Commerce Township
On closing day, your local loan expert ensures every document is accurate and all fees are verified. You sign final documents and officially become a Commerce Township homeowner.
Edward’s Selling Advantage
Selling Your Home in Commerce Township
Selling a home in Commerce Township in 2026 rewards preparation. Accurate pricing from day one, professional presentation, and strategic timing are what separate listings that attract strong offers from those that linger on the market. Edward’s dual-license perspective — licensed Realtor and Mortgage Loan Originator — means he prices with both sides of the transaction in view, and can pre-qualify incoming buyers to keep your closing on track. As your local mortgage expert, Edward reviews this line by line with you.
As your listing agent, Edward Kalavitz handles every step of the local selling process — comparative market analysis using current Commerce Township comps in your specific neighborhood, professional pricing strategy informed by 25+ years of Michigan real estate experience, MLS listing on the Edward’s statewide MLS network (Water Wonderland Association, Realcomp II Limited, Northern Great Lakes MLS, MiRealSource, MichRIC, and Greater Regional Alliance of REALTORS (GRAR)), professional photography and digital marketing, open house scheduling, offer negotiation, and full coordination through inspection, appraisal, and closing. Ask your mortgage expert what this changes about your qualifying number.
Most Commerce Township sellers find that listing in April through August captures the strongest buyer activity — but well-priced homes sell year-round in this market.
Edward’s dual license as both a Michigan Realtor (#6501386956) and Mortgage Loan Originator (NMLS #138424) gives sellers a meaningful advantage that single-licensed agents simply can’t match.
When offers come in, Edward immediately vets each buyer’s financing strength with a lender’s eye — flagging weak pre-approvals before you accept an offer that might fall through, identifying buyers whose lock periods are about to expire, and reducing the risk of a deal collapsing in underwriting two weeks before close. In a fast market like Commerce Township, fewer fall-throughs means faster, more certain closings. A Commerce Township Michigan mortgage broker who also holds a real estate licence sees the whole transaction.
Before you list, run the numbers. Edward’s Seller Net Sheet Calculator shows your estimated proceeds after agent commissions, title fees, transfer taxes, and remaining mortgage payoff — so you know exactly what you’ll walk away with before you sign a listing agreement. For a free home valuation and listing strategy consultation, call Edward at (616) 633-3692.
Financing note: Most Commerce Township sellers are buying again, and your local loan expert can time the sale against the purchase. As your local mortgage expert, Edward runs both sides together so you see one number. You are never required to use Edward for the sale as well.
Why Choose This Commerce Township Michigan Mortgage Broker
Your loan officer brings over a quarter century of lending and real estate expertise to every Oakland County transaction.
Edward compares Conventional + FHA across dozens of wholesale lenders simultaneously — ensuring every Commerce Township buyer gets the best available rate and program structure.
Edward Kalavitz
Edward’s Local Take on Commerce Township
I have spent more than twenty-five years helping buyers across Michigan, and the lake-belt townships in Oakland County are some of the trickiest to shop without local guidance. The mix of three high school attendance areas inside one school district, lake parcels with very different deeded-access rules, and a freeway terminus that shapes commute times all combine into a market where address-level details matter more than block-level rules of thumb. Your mortgage expert can show you where this sits in your budget.
Here is how I help buyers think about the area by priority — five common buyer profiles I see in this market, and where I would start each one.
Edward Kalavitz
Watch: Meet Edward
Get to know Edward Kalavitz — learn how he helps Commerce Township Michigan families buy, sell, and finance homes with dual-licensed real estate and mortgage expertise.
Nearby Cities
Exploring the Commerce Township Michigan real estate market but open to nearby communities? These cities are all within a short drive and offer different price points and neighborhood character — explore each one’s listings below.
What Clients Say About Working with Edward
These are verified Google reviews from Edward’s Google Business Profile. Edward is dual-licensed — Mortgage Loan Originator (NMLS #138424) and Michigan Realtor — so reviewers include both financing and real estate clients. Your broker can run this against your actual income and debts.
“Very Professional and Thorough”
“Edward’s is very professional and thorough. Had a great experience working with him. Everything went very smooth.”
“Great to Have 2 in 1”
“Ed was very responsive, knowledgeable, and made our first home buying experience great! He’s a relator and lender, which was great to have “2 in1”. We were able to look at houses and run number the same day. He was very flexible with times we needed to set up showings, as well as very informative and organized with paperwork! I appreciate his expertise greatly!” Ask your mortgage expert to compare a couple of structures side by side.
“Works Hard 24/7”
“Ed is wonderful to work with! He is very thorough, experienced, and friendly. Ed works hard 24/7 to give you the best mortgage experience and is always able to help with whatever you need!”
“Above and Beyond”
“Edward is a great relator and loan officer. He helped my fiance and I buy our first home. We called him back when we were ready to sell and buy our forever home. He again went above and beyond to make the process swift and easy. I recommend him to my friends and family who are looking into buying, selling or refinacing their home!” Your local loan expert can flag this early rather than at underwriting.
“Closing Came Sooner Than Anticipated”
“Edward was up front, professional and most helpful in first determining if I was a good candidate for a mortgage re-Fi. My case was Probably not the easiest, however, he made my “homework” manageable. The closing came sooner than anticipated, thanks to his perseverance, knowledge and professionalism.”
“Not Only My Realtor — My Friend”
“Edward was an excellent help in the most stressful time of my life. My son passed away in 2018 and I had to sell his home. Edward alleviated some stress by being patient, organized and communicated thoroughly the entire process. He not only was my realtor/loan officer but he was my friend! Highly recommend him for any home needs!” As your local mortgage expert, Edward handles this in the pre-approval, not after.
Commerce Twp Commute & Transportation
The township sits at the northern terminus of M-5 and along the I-96 corridor, anchoring the southern Oakland County freeway network. The original plan to extend M-5 south as a full beltway connecting I-275 to I-75 was canceled because of construction difficulty around the lakes and the high property value of the area.
M-5 (Haggerty Connector)
The northern terminus of M-5 lies within the township, with the freeway running south toward the western Detroit suburbs. The route was originally intended to continue further south to reconnect with I-75, but that segment was canceled, leaving M-5 as a commuter spur that funnels traffic toward Metro Detroit employment centers.
Interstate 96
I-96 runs along the southern edge of the township and provides primary east-to-west freeway connectivity across the lower peninsula. The route carries commuters east toward Detroit in about 38 minutes and west toward Lansing in about 66 minutes, making it the main artery for jobs outside the immediate Oakland County area.
M-59
M-59 provides east-to-west connectivity across Oakland County north of the township and links to additional north-south freeways including I-75. The route is a common alternative for commuters heading toward the northern Detroit suburbs and the Pontiac employment corridor.
Regional Air Access
Oakland County International Airport serves general aviation traffic for the broader county and is reachable in a short drive. Commercial flights run from Detroit Metropolitan Airport, which is reachable in about 38 minutes by car via the M-5 and I-96 corridor for domestic and international travel.
Financing note: Freeway access is a recognised location factor in the appraisal, and Edward sees it in the comparables. Your loan officer will also fold the true cost of a longer commute into what you can carry.
Where Commerce Township Sits on the Map
Approximate drive times to other markets buyers commonly compare to Commerce Township. Times reflect typical non-rush conditions; commute hours add 15–30%.
Commerce Twp Lifestyle, Entertainment & Recreation
Lifestyle in the area is shaped by the inland-lake chain, the Huron River corridor, and most of Proud Lake State Recreation Area sitting inside the township. The community was originally settled as a resort destination, and that recreational character still defines weekends and summers across the township today even though most residents now live here year-round.
Multi-Lake Recreation
Open water covers about 2.45 square miles of the township, or roughly 8.2 percent of the total area. Residents have access to several inland lakes plus the Huron River, supporting boating, fishing, swimming, and shoreline use through the warmer months. The lake chain is what originally drew settlers as a resort destination, and it still anchors the local recreation identity.
Proud Lake State Recreation Area
Most of Proud Lake State Recreation Area lies within the township boundaries. The area provides public access to the Huron River corridor for hiking, paddling, and seasonal use, and offers a buffer of preserved land that gives the western portion of the township a more rural feel than the suburban subdivisions to the east.
Walled Lake Consolidated Schools
The three district high schools all located inside the township anchor a family-oriented community rhythm centered on school sports, school calendars, and feeder elementary programs. Many families choose the township specifically for the district, which feeds steady demand for the subdivision housing stock across multiple price tiers.
Detroit-Metro Connectivity
The M-5 / I-96 freeway corridor along the southern edge of the township gives residents fast access to Metro Detroit’s full range of professional sports, theater, dining, and cultural venues. Detroit is reachable in about 38 minutes and Ann Arbor in about 44 minutes, so weekend trips into the city are routine rather than a long expedition.
Financing note: Walkable amenities read as a resale strength, and Edward Kalavitz counts that in the comparables.
Commerce Twp Healthcare & Medical Facilities
Healthcare in the area is delivered through the major Metro Detroit hospital systems rather than a hospital inside the township itself. Henry Ford Health and Beaumont Health both operate full-service hospitals nearby, with additional outpatient and primary care available locally.
Henry Ford Health – West Bloomfield
Henry Ford West Bloomfield Hospital sits about 12 to 15 minutes east of the township in the adjoining community of West Bloomfield. The campus is part of the broader Henry Ford Health regional academic system and serves as a primary hospital destination for residents on the eastern side of the township.
Beaumont Hospital – Farmington Hills
Beaumont Hospital Farmington Hills is reachable in about 18 minutes south of the township via the M-5 and I-96 corridor. The hospital provides comprehensive care including inpatient, surgical, and emergency services, and is a common destination for residents on the southern side of the township.
Local Outpatient & Primary Care
The township is served by outpatient clinics, urgent care centers, and primary care practices scattered across the local commercial corridors. These facilities handle routine medical needs without the drive to a full hospital campus, and most accept the major insurance networks used by Oakland County employers.
Tertiary Referral — Major Academic Systems
For complex cases, residents are typically referred into the Henry Ford Health, Beaumont, or University of Michigan Health academic systems. The University of Michigan academic medical campus in Ann Arbor is reachable in about 44 minutes by car when specialist or quaternary care is required.
Financing note: Premiums and out-of-pocket costs never appear in your debt-to-income ratio, so your broker will show the payment your file qualifies for and the payment your household actually feels.
Commerce Township Michigan Mortgage Broker — Frequently Asked Questions
QWhat is the average home price in Commerce Township, Michigan?
The average home price in Commerce Township is about $437,295 — 23.4% above the Michigan statewide average. Your mortgage expert compares all programs to maximize your Oakland County purchasing power.
QHow fast are homes selling in Commerce Township, Michigan?
Commerce Township averages 65 days on market — a balanced pace giving buyers meaningful evaluation time. Edward issues pre-approval letters within 24 hours. Your local loan expert can confirm the current figure for your situation.
QHow much down payment do I need in Commerce Township?
FHA requires about $15,305 (3.5%) at Commerce Township’s average of about $437,295. Conventional starts at 3-5% down (about $13,119–$21,865). VA offers 0% down for qualifying veterans. Edward reviews every option before finalizing your strategy.
QWhat are closing costs in Commerce Township?
Closing costs typically run 2-5% — approximately $5,200–$21,865 on a $437,295 Commerce Township home. See the closing costs guide. Edward provides a detailed Loan Estimate upfront. As your local mortgage expert, Edward answers this the day you ask.
QWhat credit score do I need to buy in Commerce Township?
FHA accepts scores as low as 580. Conventional requires 620+. USDA requires 640 minimum. Your loan officer reviews your full credit profile and recommends the best-fit program.
QHow long does it take to close in Commerce Township?
Conventional and FHA purchases typically close in 30-45 days from accepted offer. Edward manages the pipeline proactively to keep your Commerce Township transaction on schedule. Ask Edward Kalavitz to price your exact scenario rather than an average.
QDoes Edward Kalavitz serve Commerce Township, Michigan?
Yes. Edward Kalavitz is a licensed Michigan mortgage broker (NMLS #138424) serving Commerce Township and all 83 Michigan counties through Private Mortgage Guarantee LLC (NMLS #2033317). Available Monday-Friday 8AM-8PM and Saturday-Sunday 9AM-8PM including every holiday. Your broker will put this in writing on your Loan Estimate.
QIs Commerce Township, Michigan a good place to buy?
Commerce Township offers Oakland County community character and a $437,295 average that is 23.4% above the Michigan statewide average — with Conventional + FHA financing accessible for a wide range of buyers. Your mortgage expert evaluates specific properties and programs for every buyer profile.
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Available When You Need Answers
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Michigan Loan Programs for Commerce Township Buyers & Homeowners
As your Commerce Township mortgage lender and broker, Edward Kalavitz offers the full range of loan programs — shopped across 12+ wholesale lenders. Explore your options: