Dearborn Michigan Mortgage Broker — 25+ Years of Trusted Lending
Edward Kalavitz | NMLS #138424 | Serving Dearborn, Wayne County & All 83 Michigan Counties
Edward Kalavitz · MLO NMLS #138424 · Private Mortgage Guarantee LLC · Serving Dearborn, Wayne County & all 83 Michigan counties
In This Guide
- Today’s Rates in Dearborn
- Michigan Mortgage Advisor
- Meet Your Dearborn Mortgage Broker
- About Dearborn, Michigan
- Neighborhoods & Subdivisions
- Property Types
- Schools & Education
- Cost of Living & Taxes
- Market Trends
- Mortgage Options in Dearborn
- Buying in Dearborn
- Selling in Dearborn
- Why Choose Edward
- Edward’s Local Take
- Watch: Meet Edward
- Nearby Cities
- Google Reviews
- Dearborn FAQ
- Available Hours
Mortgage Rates in Dearborn
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 Dearborn 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 Dearborn 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 Wayne County buyers want expert lending guidance and a responsive professional who truly understands Michigan’s residential market, they turn to Edward Kalavitz with over 25 years of mortgage and real estate expertise. Dearborn, Michigan is a Wayne County community where average home prices of about $215,000 sit 39.3% below 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, your local loan expert 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 Dearborn’s average of about $215,000 — down payments starting at 3-5% (about $6,450–$10,750) and the most flexible long-term structure for buyers with solid credit. FHA provides the credit-accessible alternative with just 3.5% down (about $7,525) for buyers earlier in their financial journey.
USDA rural development zero-down financing may also be available for some Dearborn-area addresses verifies USDA eligibility for any address at no cost during the initial consultation.
With 320 homes sold in six months and a 18-day average market time, Dearborn gives buyers meaningful time to evaluate properties carefully. Edward typically has pre-approval letters ready within 24 hours.
Your loan officer 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 Wayne County market knowledge and 7-day availability including all holidays.
Dearborn Michigan Mortgage Broker — First-Time Homebuyer Guide
With conventional financing starting at 3% down and FHA requiring about $7,525 at Dearborn’s average of about $215,000 — 39.3% below the Michigan statewide average — Dearborn offers strong value for first-time buyers. Edward Kalavitz has guided hundreds of first-time buyers over 25+ years.
Your broker 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 mortgage expert lends across every one of these neighbourhoods, and as your local mortgage expert, Edward can pre-approve you before you start touring.
About Dearborn, Michigan
The city sits in Wayne County as an inner-ring suburb immediately west of Detroit, roughly seven miles from the downtown core. The 2020 census recorded a population of 109,976, ranking it the seventh-most populous city in Michigan. The local real estate market spans the upscale planned community of Springwells Park, the National Register Ford Homes district, the dense walkable Warren Avenue corridor on the east side, and the established west side near the Ford Motor Company world headquarters and The Henry Ford museum complex. Your local loan expert can check this against today’s guidelines.
The earliest written settlement traces to 18th-century French Canadian voyageurs who called the area La Belle Fontaine or Place aux Fontaines for the abundant natural springs. That French name was later anglicized to Springwells. The community grew in the 19th century around the Detroit Arsenal on the Chicago Road — the early route linking Detroit and Chicago. Dearborn Township formed in 1833 and the village of Dearbornville in 1836, each named for Henry Dearborn, the Revolutionary War general who served as Secretary of War under Thomas Jefferson. The Town of Dearborn incorporated in 1893. This is a question for Edward before you start looking.
City status arrived in 1927, followed by an 1928 consolidation vote that merged Dearborn with neighboring Fordson — itself the former Springwells — which feared absorption into an expanding Detroit. Henry Ford, born on a farm once at the intersection of Ford Road and Greenfield Road, built his Fair Lane estate, the Ford River Rouge Complex, and the world headquarters of Ford Motor Company within the city, shaping the 20th-century character of the community. Your loan officer can tell you how much room this leaves you.
The local economy is anchored by Ford Motor Company, whose world headquarters and major operations make it by far the city’s largest employer. The Henry Ford — the largest indoor-outdoor historic museum complex in the United States and metro Detroit’s leading tourist attraction — draws visitors year-round to the museum, Greenfield Village, the Rouge Factory Tour, and the Benson Ford Research Center.
A campus of the University of Michigan operates within the city alongside Henry Ford College, deepening the higher-education sector unusually for an inner-ring suburb. Healthcare, public schools, and the dense east-side commercial corridor along Warren Avenue round out an employment base that has drawn waves of immigration — most recently from Lebanon, Palestine, Syria, Iraq, and Yemen — giving the area one of the most distinctive cultural identities in the country. Ask Edward Kalavitz to sanity-check the numbers you have been quoted.
Neighborhood Guide · Dearborn, MI
Dearborn Neighborhoods
The neighborhoods range from the upscale planned community of Springwells Park to the National Register Ford Homes district, the dense Warren Avenue corridor on the east side, the established west side near the Ford campus, and the south-side Aviation Subdivision. The greater Dearborn frame includes neighboring Dearborn Heights and the Rouge River corridor.
Springwells Park
An upscale planned residential community established in 1939 and originally developed in connection with Ford. The plan uses curving streets, mature landscaping, and a coordinated planned-community character — a deliberate departure from the rectilinear grid that dominates most of the surrounding city. Your broker can confirm what a lender will need to see.
Inventory is established single-family homes on generously sized, well-kept lots. The neighborhood is among the most prestigious addresses in the city and concentrates the upper end of the local price range. As your local mortgage expert, Edward reviews this with every buyer.
Walkability: Walkable planned-community streets with mature streetscapes; drive-oriented for major destinations beyond the neighborhood itself. Your mortgage expert can tell you whether waiting changes anything.
Buyer fit: Common among buyers prioritizing an upscale, established planned-community setting with mature landscaping and a coordinated streetscape. Springwells Park typically draws Ford executives, healthcare professionals at the local hospital system, university faculty, and move-up buyers wanting the most prestigious address in the city. Worth asking your local loan expert how this fits your down payment plan.
West Dearborn
The established west side of the city, centered on the West Dearborn downtown district near the Ford Motor Company world headquarters and The Henry Ford museum complex. Inventory is well-kept early-and-mid-20th-century single-family homes on tree-lined streets, with the downtown district providing shops, restaurants, and the Ford Community & Performing Arts Center. Edward can put a real figure to this rather than a range.
Lots are modest by suburban standards but generous compared to the dense east side, and the area sits within easy reach of the campus, the museum complex, and the metro freeway network. Ask your loan officer what this looks like on a monthly basis.
Walkability: Walkable West Dearborn downtown district — shops, restaurants, and the Ford Community & Performing Arts Center reachable on foot from many surrounding streets. Edward Kalavitz can tell you if this is worth structuring differently.
Buyer fit: Common among buyers prioritizing established single-family character with a walkable downtown core and proximity to both the Ford campus and the museum complex. The mix of Ford-affiliated professionals, museum-staff households, and long-tenured local families gives the area a stable, owner-occupied character. As your local mortgage expert, Edward will tell you plainly if it does not work.
East Dearborn & the Warren Avenue Corridor
The dense east side of the city along Warren Avenue — one of the most distinctive and walkable commercial corridors in metro Detroit. The corridor is lined with bakeries, restaurants, markets, and shops, and is surrounded by a tight grid of early-20th-century homes on compact lots with sidewalks throughout. Your broker can identify this before it becomes a condition.
The area sits at the cultural heart of the city’s Middle Eastern community and offers a true walkable-urban experience at accessible price points. Inventory mixes well-kept bungalows, two-story homes, and small multi-family properties. Ask your mortgage expert to review this alongside your credit profile.
Walkability: Highly walkable — Warren Avenue shops, restaurants, and groceries reachable on foot from the surrounding grid; one of metro Detroit’s most genuinely walkable commercial districts. Your local loan expert can tell you how sellers here typically handle it.
Buyer fit: Common among buyers prioritizing dense, walkable, amenity-rich living at accessible price points. The corridor draws first-time buyers, university-affiliated professionals from the local UM and Henry Ford College campuses, families wanting walkable everyday life, and investors building rental portfolios in a high-amenity setting. This is where having a Dearborn Michigan mortgage broker who knows the area helps.
Ford Homes Historic District
A National Register historic district of homes built by Ford Motor Company in the early 1920s for company employees — a planned community of architecturally consistent, well-preserved homes near the Ford campus. The district is one of the clearest physical legacies of the early Ford-era housing programs. Edward can confirm eligibility before you get attached to a house.
Inventory is small-to-mid-sized single-family homes on sidewalk-served streets with a coordinated period character. The district sits within walking distance of the West Dearborn downtown core. Ask your loan officer whether a different programme suits you better.
Walkability: Walkable historic district with sidewalks throughout; close to the West Dearborn downtown core and the Ford campus. Edward Kalavitz can talk this through in plain language.
Buyer fit: Common among buyers prioritizing historic architectural character and a planned-community setting with a direct connection to Henry Ford and the city’s industrial heritage. The district draws preservation-minded buyers, design professionals, and households wanting a walkable, character-rich neighborhood at mid-range pricing. As your local mortgage expert, Edward would want to see your figures first.
The Aviation Subdivision
An established residential neighborhood on the south side of the city named for the area’s early aviation history — the Ford airport once operated nearby before being converted to the Dearborn Proving Grounds. Inventory is mid-century single-family homes on well-kept lots with mature landscaping. Your broker can tell you what changes and what does not.
The area offers an established suburban character at accessible price points within the local public school district and a short drive from the museum complex, the Ford campus, and the I-94 freeway. Worth raising with your mortgage expert while you are still comparing homes.
Walkability: Sidewalks throughout; walkable to neighborhood parks. Drive-oriented for major destinations. Your local loan expert can map this against what you want your payment to be.
Buyer fit: Common among families prioritizing established mid-century single-family homes at accessible price points within the local public school district. The subdivision draws first-time and move-up buyers, Ford-workforce households, and families wanting a quieter residential setting than the dense east side. Ask Edward to show you the trade-offs before you decide.
Greater Dearborn — Dearborn Heights & the Rouge Corridor
The adjacent communities and the Rouge River corridor that runs through the area — including neighboring Dearborn Heights, which shares school and commuter corridors with the city. Inventory spans established mid-century homes and properties along the river corridor. Your loan officer can verify this rather than leaving you to guess.
The frame gives buyers a wider geographic view of the local market, with the Rouge Gateway Trail providing green-corridor recreation and quick access to the metro freeway network in every direction. As your local mortgage expert, Edward can coordinate this with the purchase side.
Walkability: Drive-oriented; the Rouge Gateway Trail provides green-corridor recreation. Quick access to the metro freeway network. Edward Kalavitz can tell you where this sits relative to your goals.
Buyer fit: Common among buyers prioritizing established suburban homes with quick access to local employment, the museum complex, and the metro freeway network. The frame draws Ford-workforce households, commuters to downtown Detroit and the airport, and value-focused buyers wanting more home for the dollar than the city’s prime neighborhoods. Your broker can walk you through how this lands on your file.
Financing note: Value varies block by block here, and your mortgage expert prices the specific address rather than the postcode. Ask your local loan expert which pockets appraise most consistently.
Property Types in Dearborn
Single-Family Homes
Core inventory is established single-family housing across distinct price tiers. Accessible east-side and Aviation Subdivision homes run $170K-$380K; West Dearborn and the National Register Ford Homes historic district run $220K-$500K; and the upscale Springwells Park planned community reaches $300K-$650K+. Stock is predominantly early-and-mid-20th-century with mature lots and sidewalks throughout most neighborhoods. As your local mortgage expert, Edward reviews this line by line with you.
Condos & Townhouses
Condo and townhouse inventory across the city, with concentrations near the West Dearborn downtown district and along the major commercial corridors. Low-maintenance options are popular with Ford-affiliated professionals, university-related households, downsizers, and lock-and-leave buyers — particularly those wanting walkable access to the downtown core or the Warren Avenue corridor without the maintenance load of a single-family home. Ask Edward what this changes about your qualifying number.
New Construction
New-build inventory is limited in this largely built-out inner-ring suburb — most ground-up activity is infill or redevelopment on existing lots rather than greenfield subdivision development. Buyers prioritizing brand-new construction will find limited options within the city itself and typically look to outer-ring metro Detroit suburbs for full new-build subdivisions with broader floor-plan choice. A Dearborn Michigan mortgage broker who also holds a real estate licence sees the whole transaction.
Investment Properties
The local rental market is anchored by the Ford workforce, the University of Michigan-Dearborn and Henry Ford College student and faculty populations, and the dense Warren Avenue corridor on the east side. The east side in particular offers accessible cash-flow entry points in a high-amenity, walkable setting — a combination unusual at these price points anywhere in the metro. Your loan officer can show you where this sits in your budget.
Waterfront Homes
The area is a Rouge River city rather than a lakefront community — dedicated waterfront inventory is limited to the river corridor and the green-corridor stretches along the Rouge Gateway Trail. Buyers prioritizing true lake frontage typically look to the outer-ring lake communities of metro Detroit and southeast Michigan rather than the inner-ring suburbs. Bring this up with Edward Kalavitz before you write an offer.
Luxury Homes
The higher-end inventory concentrates in Springwells Park and the most established sections of West Dearborn and the Ford Homes Historic District. The local luxury tier is anchored by these planned and historic neighborhoods rather than by waterfront or new construction — buyers shopping above $500K typically focus their search on these three areas plus select Greater Dearborn parcels. Your broker works from current figures, not last quarter’s.
Financing note: Programme fit depends on build type and condition. Your mortgage expert matches the loan to the property, and as your local mortgage expert, Edward flags repair-escrow risk before the appraisal, not after.
Dearborn Schools & Education
The city is served by Dearborn Public Schools — one of the largest districts in Michigan — alongside an unusually deep higher-education sector for an inner-ring suburb. A campus of the University of Michigan and Henry Ford College both operate within the city limits.
Dearborn Public Schools
The primary public district serving the city is one of the largest in Michigan, with more than 30 schools serving over 18,000 students across elementary, middle, and high school levels. The district’s three traditional high schools are Fordson, Dearborn High, and Edsel Ford — each anchoring a different section of the city and each with a long-established athletic and academic tradition.
District boundaries cross municipal lines and assignments shift periodically, so any specific home should be verified for current school assignment before an offer. Edward confirms district mapping and enrollment options as part of the standard buyer consultation.
Charter & Private Options
The local school landscape includes the Henry Ford Academy — a charter high school located on the grounds of Greenfield Village and operated in partnership with The Henry Ford — and private options such as Divine Child High School. Several elementary and K-8 private and parochial options round out the choice set.
Neighboring Dearborn Heights operates its own districts, so buyers considering the greater Dearborn frame should verify which side of the municipal line a given property sits on. District and enrollment options are always property-specific, and the choice set has grown materially over the past decade.
Higher Education — UM-Dearborn & Henry Ford College
The city hosts an unusually deep higher-education sector for an inner-ring suburb. The University of Michigan-Dearborn operates a full four-year campus within the city limits, granting undergraduate, graduate, and doctoral degrees across business, engineering, education, and the arts and sciences.
Henry Ford College — the long-established community college — operates a major campus within the city and feeds transfer students into UM-Dearborn and other state universities. A Central Michigan University satellite campus rounds out the local options, giving residents access to community-college, four-year, and graduate education without leaving the city.
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 local loan expert prices from the appraised address rather than the mailing town. Ask Edward to confirm the district before you write the offer.
Cost of Living & Property Taxes in Dearborn
One of the biggest advantages of Dearborn Michigan real estate is affordability relative to comparable metro areas. Here’s what it costs to live in Dearborn.
18 mills
Removed by PRE
$61,000
Median Household Income
~50%
Taxable Value of Market
Property Taxes
Dearborn 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 Dearborn 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 Dearborn home, the PRE saves roughly $1,180 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.
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 Dearborn than in comparable out-of-state markets.
Within Dearborn, 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 Dearborn 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 your loan officer builds them in from the start rather than surprising you at closing.
Dearborn Market Trends
Understanding market trends helps buyers and sellers make better decisions in the Dearborn Michigan real estate market. Here’s what the data shows.
Key Trends for 2026
Prices rising steadily
Dearborn 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, Dearborn 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 Edward Kalavitz reprices weekly. Your broker can tell you what is actually closing in Dearborn right now.
Dearborn Michigan Mortgage Broker Loan Programs
Your mortgage expert offers the full range of Michigan mortgage programs for Wayne 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 $6,450–$10,750 at Dearborn’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 $7,525 at Dearborn’s average of about $215,000
- 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 Dearborn-area rural addresses
- Below-market interest rates for income-eligible buyers
- Your local loan expert verifies eligibility at no cost
- Income limits apply — Edward reviews Wayne County limits at consultation
💎 Jumbo Loans Option
№ 04- Available for Dearborn properties exceeding the conforming loan limit
- Competitive wholesale jumbo rates from multiple lenders
- Typically requires 700+ credit and 10-20% down
- Ideal for premium Wayne County properties
🎖️ VA Loans — Zero Down for Dearborn 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 Dearborn residents and business owners
- Available for purchase and refinance transactions
📊 DSCR Loans
№ 08- Qualify based on rental income — not personal income
- Ideal for Wayne 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 Dearborn-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
Dearborn Michigan Mortgage Broker — Your 5-Step Process
Edward has refined a clear, efficient process over 25+ years of Michigan lending.
Step 1: Free Consultation & Pre-Approval
Call your loan officer 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 Dearborn
Pre-approval in hand, you evaluate Dearborn properties with confidence. Edward Kalavitz can also serve as your licensed realtor — running live payment scenarios as you compare properties across Wayne County.
Step 3: Loan Application & Rate Lock
Once your offer is accepted, your broker 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 Dearborn transaction on track through every approval step.
Step 5: Closing Day — Welcome Home to Dearborn
On closing day, your mortgage expert ensures every document is accurate and all fees are verified. You sign final documents and officially become a Dearborn homeowner.
Edward’s Selling Advantage
Selling Your Home in Dearborn
Selling a home in Dearborn 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. Your broker can flag this early rather than at underwriting.
As your listing agent, Edward Kalavitz handles every step of the local selling process — comparative market analysis using current Dearborn 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. As your local mortgage expert, Edward handles this in the pre-approval, not after.
Most Dearborn 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 Dearborn, fewer fall-throughs means faster, more certain closings.
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 Dearborn sellers are buying again, and your mortgage 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 your local loan expert for the sale as well.
Why Choose This Dearborn Michigan Mortgage Broker
Edward brings over a quarter century of lending and real estate expertise to every Wayne County transaction.
Edward compares Conventional + FHA across dozens of wholesale lenders simultaneously — ensuring every Dearborn buyer gets the best available rate and program structure.
Edward Kalavitz
Edward’s Local Take on Dearborn
I’ve worked metro Detroit real estate for twenty-five-plus years, and the local market is one of the most distinctive I sell. The home of Ford, a nationally recognized dining-and-cultural scene, a walkable east side that genuinely delivers walkable-urban living, upscale planned neighborhoods, and a location minutes from downtown Detroit and the airport — there isn’t another inner-ring suburb that combines all of that. Here’s how I help buyers think about the city by priority. Your broker can confirm whether your file clears this comfortably.
Edward Kalavitz
Watch: Meet Edward
Get to know Edward Kalavitz — learn how he helps Dearborn Michigan families buy, sell, and finance homes with dual-licensed real estate and mortgage expertise.
Nearby Cities
Exploring the Dearborn 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.
“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!” As your local mortgage expert, Edward would rather find this now than at closing.
“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!” Edward Kalavitz can tell you whether this moves your number much.
“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!”
Dearborn Commute & Transportation
The city sits inside the metro Detroit freeway network with genuine Amtrak service and Detroit Metropolitan Airport minutes away. The combination of multiple freeways, a dense arterial grid, intercity rail, and exceptional airport access makes the local commuting infrastructure one of the best of any inner-ring suburb in the region.
I-94 & M-39 (Southfield Freeway)
Interstate 94 runs along the southern edge of the city and M-39, the Southfield Freeway, runs north-south through it — together connecting the area to downtown Detroit, the airport, and the broader metro freeway network within minutes. The two freeways give the city direct access to nearly every metro Detroit employment center without lengthy surface-street segments.
US-12 (Michigan Avenue) & the Arterial Grid
US-12 / Michigan Avenue runs through the heart of the city — historically the route between Detroit and Chicago, and the descendant of the original Chicago Road that connected the two cities in the 19th century. The dense arterial grid of Warren, Ford, and Schaefer makes the area highly navigable for local trips and shopping runs.
Amtrak — the John D. Dingell Transit Center
The John D. Dingell Transit Center serves the Amtrak Wolverine line with multiple daily trains in each direction connecting toward Chicago and Detroit/Pontiac. Genuine intercity rail service from within the city limits is rare among metro Detroit suburbs and makes the area unusually accessible for travelers heading toward Ann Arbor, Kalamazoo, and Chicago.
Detroit Metro Airport & Regional Transit
Detroit Metropolitan Airport (DTW) sits roughly 15-18 minutes from the city — exceptionally close airport access by metro Detroit standards. The area is also served by DDOT and SMART bus systems, including SMART’s on-demand FLEX service in selected zones. For frequent travelers, the airport proximity is a genuine quality-of-life advantage rarely matched in the region.
Financing note: Freeway access is a recognised location factor in the appraisal, and your broker sees it in the comparables. Your mortgage expert will also fold the true cost of a longer commute into what you can carry.
Where Dearborn Sits on the Map
Approximate drive times to other markets buyers commonly compare to Dearborn. Times reflect typical non-rush conditions; commute hours add 15–30%.
Dearborn Lifestyle, Entertainment & Recreation
Local lifestyle is anchored by The Henry Ford museum complex, a nationally recognized dining scene along the Warren Avenue corridor, distinctive cultural institutions reflecting the area’s Middle Eastern heritage, and a deep parks system. The combination makes the city one of the most genuinely unique inner-ring suburbs in the country.
The Henry Ford & Greenfield Village
The Henry Ford — comprising the museum, Greenfield Village, the Ford Rouge Factory Tour, and the Benson Ford Research Center — is the largest indoor-outdoor historic museum complex in the United States and metro Detroit’s leading tourist attraction. The complex draws visitors year-round and anchors the cultural identity of the area, with seasonal programming, IMAX films, and rotating exhibits.
A Nationally Renowned Dining Scene
The Warren Avenue corridor on the east side is recognized nationally for its Middle Eastern food — bakeries, restaurants, and markets reflecting the immigrant communities from Lebanon, Palestine, Syria, Iraq, and Yemen who settled in the area through the late 20th century. The corridor is a genuine culinary destination within metro Detroit, drawing diners from across the region.
Distinctive Cultural Institutions
Cultural institutions reflect the unusual depth of the local community. The Arab American National Museum — the first of its kind in the country — sits alongside the Automotive Hall of Fame, the Islamic Center of America, the Dearborn Historical Museum, and Henry Ford’s Fair Lane estate. Together they give the city a cultural depth unusual for a suburb of any size.
Parks, the Arts & Shopping
The local parks system is deep — Ford Field Park, Crowley Park, Ford Woods, and the Rouge Gateway Trail — alongside the Ford Community & Performing Arts Center, the historic Ford-Wyoming Drive-In, and Fairlane Town Center, the super-regional shopping mall referenced in the city’s Wikipedia history as one of its major retail anchors. Together these supply year-round recreation, arts programming, and shopping.
Financing note: Walkable amenities read as a resale strength, and your local loan expert counts that in the comparables.
Dearborn Healthcare & Medical Facilities
The city is served by a major full-service hospital within its limits, supported by an outpatient network and the full depth of metro Detroit medicine minutes away — including the Henry Ford Health, Detroit Medical Center, and Trinity Health systems across the surrounding metro.
Corewell Health Dearborn Hospital
The major full-service hospital within the city — long known as Oakwood and then Beaumont Dearborn, now part of the Corewell Health system after the statewide merger. The hospital provides emergency and trauma care, cardiovascular medicine, surgical specialties, women’s services, oncology, and a regional outpatient network — serving as a primary acute-care anchor for the western Wayne County area.
Corewell Health Outpatient Network
Corewell Health operates outpatient clinics, urgent care, imaging, and specialty practices throughout the area, putting routine and specialty care within easy reach of most neighborhoods. The network includes primary care, cardiology, orthopedics, women’s health, and behavioral health practices — covering most ambulatory care needs without leaving the city.
Metro Detroit Hospital Systems
Minutes away in Detroit and the surrounding suburbs, the Henry Ford Health, Detroit Medical Center, and Trinity Health systems operate major hospitals — including Henry Ford Hospital in midtown, the DMC campus near Wayne State, and Trinity Health’s network across the metro. Residents have ready access to comprehensive tertiary and quaternary care for complex conditions requiring sub-specialty expertise.
Specialty & Community Health
The area is served by a deep network of independent specialty practices, community-health providers, federally qualified health centers, and behavioral and senior-care services. This layer supplements the hospital systems and supports the full range of routine, preventive, and long-term care needs across the diverse population of the local community.
Financing note: Premiums and out-of-pocket costs never appear in your debt-to-income ratio, so Edward will show the payment your file qualifies for and the payment your household actually feels.
Dearborn Michigan Mortgage Broker — Frequently Asked Questions
QWhat is the average home price in Dearborn, Michigan?
The average home price in Dearborn is about $215,000 — 39.3% below the Michigan statewide average. Your loan officer compares all programs to maximize your Wayne County purchasing power.
QHow fast are homes selling in Dearborn, Michigan?
Dearborn averages 18 days on market — a balanced pace giving buyers meaningful evaluation time. Edward issues pre-approval letters within 24 hours. Edward Kalavitz can confirm the current figure for your situation.
QHow much down payment do I need in Dearborn?
FHA requires about $7,525 (3.5%) at Dearborn’s average of about $215,000. Conventional starts at 3-5% down (about $6,450–$10,750). VA offers 0% down for qualifying veterans. Your broker reviews every option before finalizing your strategy.
QWhat are closing costs in Dearborn?
Closing costs typically run 2-5% — approximately $5,200–$10,750 on a $215,000 Dearborn 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 Dearborn?
FHA accepts scores as low as 580. Conventional requires 620+. USDA requires 640 minimum. Your mortgage expert reviews your full credit profile and recommends the best-fit program.
QHow long does it take to close in Dearborn?
Conventional and FHA purchases typically close in 30-45 days from accepted offer. Edward manages the pipeline proactively to keep your Dearborn transaction on schedule. Ask your local loan expert to price your exact scenario rather than an average.
QDoes Edward Kalavitz serve Dearborn, Michigan?
Yes. Edward Kalavitz is a licensed Michigan mortgage broker (NMLS #138424) serving Dearborn 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. Edward will put this in writing on your Loan Estimate.
QIs Dearborn, Michigan a good place to buy?
Dearborn offers Wayne County community character and a $215,000 average that is 39.3% below the Michigan statewide average — with Conventional + FHA financing accessible for a wide range of buyers. Your loan officer evaluates specific properties and programs for every buyer profile.
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Michigan Loan Programs for Dearborn Buyers & Homeowners
As your Dearborn mortgage lender and broker, Edward Kalavitz offers the full range of loan programs — shopped across 12+ wholesale lenders. Explore your options: