Fraser Michigan Mortgage Broker — 25+ Years of Trusted Lending
Edward Kalavitz | NMLS #138424 | Serving Fraser, Macomb County & All 83 Michigan Counties
Edward Kalavitz · MLO NMLS #138424 · Private Mortgage Guarantee LLC · Serving Fraser, Macomb County & all 83 Michigan counties
In This Guide
- Today’s Rates in Fraser
- Michigan Mortgage Advisor
- Meet Your Fraser Mortgage Broker
- About Fraser, Michigan
- Neighborhoods & Subdivisions
- Property Types
- Schools & Education
- Cost of Living & Taxes
- Market Trends
- Mortgage Options in Fraser
- Buying in Fraser
- Selling in Fraser
- Why Choose Edward
- Edward’s Local Take
- Watch: Meet Edward
- Nearby Cities
- Google Reviews
- Fraser FAQ
- Available Hours
Mortgage Rates in Fraser
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 Fraser 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 Fraser 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 Macomb 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. Fraser, Michigan is a Macomb County community where average home prices of about $256,570 sit 27.6% 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 Fraser’s average of about $256,570 — down payments starting at 3-5% (about $7,697–$12,828) and the most flexible long-term structure for buyers with solid credit. FHA provides the credit-accessible alternative with just 3.5% down (about $8,980) for buyers earlier in their financial journey.
USDA rural development zero-down financing may also be available for some Fraser-area addresses verifies USDA eligibility for any address at no cost during the initial consultation.
With 25 homes sold in six months and a 27-day average market time, Fraser 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 Macomb County market knowledge and 7-day availability including all holidays.
Fraser Michigan Mortgage Broker — First-Time Homebuyer Guide
With conventional financing starting at 3% down and FHA requiring about $8,980 at Fraser’s average of about $256,570 — 27.6% below the Michigan statewide average — Fraser 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 Fraser, Michigan
Fraser is a city of 14,726 in southern Macomb County, sitting roughly 15 miles northeast of downtown Detroit. The municipal boundary is nearly square, framed by 15 Mile Road to the north, Kelly Road to the east, 13 Mile Road to the south, and Hayes Road to the west. Total area is 4.16 square miles, almost entirely land. Roseville borders the city to the southeast and south, Warren sits to the southwest, Sterling Heights to the northwest, and Clinton Charter Township wraps the north and northeast edges. Ask your local loan expert to compare a couple of structures side by side.
The village was incorporated by an act of the state legislature in 1894 and named after Alexander J. Frazer, a lawyer from Detroit. Home rule charter status arrived more than six decades later — established November 7, 1956 and adopted by the electors on December 26, 1956. That sequencing is typical of inner-ring Detroit suburbs that grew steadily through the late 19th and early 20th centuries before incorporating as cities during the post-war housing boom. Edward can flag this early rather than at underwriting.
The local economy is tied directly to the Detroit metro labor market and the Macomb County employment base. Mount Clemens, the county seat, sits six miles to the northeast, and downtown Detroit is reachable in roughly 26 minutes via the regional freeway grid. Highway M-97 (Groesbeck Highway) passes through the southeast part of the city, linking Mount Clemens and Detroit. Household economics skew toward established residents — the median age is 44.0 years, and nearly 20% of the city is 65 or older, signaling a mature, owner-occupied housing base. As your local mortgage expert, Edward handles this in the pre-approval, not after.
Neighborhood Guide · Fraser, MI
Fraser Neighborhoods
Neighborhoods span 4.14 square miles of land inside a nearly square municipal boundary in southern Macomb County. The city’s compact footprint means most blocks fall within a 10-minute drive of any major corridor, and the housing stock is overwhelmingly post-war single-family — built between roughly 1950 and 1970 as Detroit’s northern suburbs expanded outward along the section-road grid.
14 Mile Road Corridor
Residential blocks line the section road that bisects the city east-to-west, anchoring much of the local commercial-and-residential mix. Inventory along and just off the corridor is dominated by post-war single-family homes on modest lots, with mid-century ranches and bi-levels making up the bulk of stock. The corridor itself carries through-traffic between neighboring Macomb County municipalities, so frontage parcels often back to quieter interior streets where most family housing sits. Your loan officer can confirm whether your file clears this comfortably.
Walkability: Sidewalks along the corridor and through adjacent residential blocks; commercial frontage is reachable on foot from nearby streets. Worth a conversation with Edward Kalavitz before you tour homes.
Buyer fit: Common among buyers who want quick access to local shopping and services without long drives, plus owner-occupants who value being central to the city’s commercial spine. Mid-career professionals and dual-income households cycling through their first Macomb County purchase often start their search here. Your broker can tell you what a lender will actually count here.
Garfield Road Corridor
Garfield Road runs north-south through the eastern portion of the city, connecting through to Clinton Charter Township and beyond. Residential blocks adjacent to the corridor lean toward the higher end of the local price band, partly reflecting larger lots in places and partly reflecting proximity to the Mount Clemens-direction commute. Housing stock is overwhelmingly single-family post-war construction with periodic updates and additions. Ask your mortgage expert how this reads on a real loan estimate.
Walkability: Drive-oriented along the corridor itself; interior residential blocks have continuous sidewalks for neighborhood walking. A Fraser Michigan mortgage broker who is also a Realtor can line this up with your offer.
Buyer fit: Common among buyers commuting north toward Mount Clemens (six miles away) or south toward I-696. Families relocating from rental into ownership often find more available inventory along this corridor than in the city’s interior pockets. Your local loan expert can price two or three options so you can compare.
Fraser Public Schools Area
Residential blocks that feed into the local public district sit at the heart of family-buyer demand. The city sits entirely within the district’s primary attendance area, and the consolidated nature of a single small-city district means most homes within municipal limits share the same school-quality conversation. Inventory is single-family with occasional duplex parcels; lot sizes range from compact to moderate depending on plat age. As your local mortgage expert, Edward would rather find this now than at closing.
Walkability: Sidewalks throughout the interior subdivisions; walk-to-school is possible from many blocks within the small municipal footprint. Edward can tell you whether this moves your number much.
Buyer fit: Common among families with school-age children and buyers planning families. Of the city’s 6,279 households, roughly 26% have children under 18, so school-area demand is meaningful but not the dominant single segment. Younger couples buying their first home frequently anchor here. This is worth checking with your loan officer before you commit to a payment.
I-696 / I-94 Corridor
Blocks closer to the regional freeway grid trade some quiet for fast metro access. I-696 runs east-west along the southern edge of the inner-ring suburbs, connecting to I-94 northeast of the city — putting downtown Detroit roughly 26 minutes away and the broader metro freeway network within easy reach. Housing here mirrors the rest of the city in age and style, with the trade-off centered on commute time versus interior-block quiet. Edward Kalavitz can explain how underwriting treats this.
Walkability: Drive-oriented; freeway-corridor residential blocks lean on cars for daily errands. Ask your broker what documentation this will require.
Buyer fit: Common among commuters who work in downtown Detroit, the Warren / Sterling Heights tech-and-manufacturing belt, or the Royal Oak / Madison Heights corridor. Dual-income households where partners commute to different metro nodes often weigh this area heavily. Your mortgage expert can tell you if this affects your timeline at all.
Mid-Century Ranch Pockets
Block after block of post-war single-story ranch housing defines much of the interior. These pockets were built out during the city’s 1950s-1960s transition from village to home-rule city — incorporation as a city happened in late 1956, right as the metro Detroit housing boom was peaking. Lot sizes are typically modest but consistent, street trees are mature, and the architectural language is the practical mid-century vernacular common across the inner-ring suburbs. As your local mortgage expert, Edward keeps the lending and the buying on one schedule.
Walkability: Continuous sidewalks throughout the residential grid; many blocks are quiet enough for evening walks. Your local loan expert can confirm the current figure rather than an estimate.
Buyer fit: Common among first-time buyers, downsizers, and investors looking for single-story housing with predictable maintenance profiles. Roughly 16% of local households are seniors living alone, and single-level ranch housing aligns naturally with that aging-in-place buyer. Bring your questions on this to Edward early in the process.
Greater Fraser Residential
The broader stock of single-family residential blocks outside the named corridors. With only 4.14 square miles of land in the city, even the interior pockets are within a short drive of every major employment direction. Housing here is overwhelmingly owner-occupied; the household composition skews mature, with a median age of 44 and roughly 33% of households comprised of individuals living alone or with non-family roommates. Your loan officer can show you the difference in real dollars.
Walkability: Sidewalks along most blocks with reasonable walking access to local services and parks within neighborhoods. Ask Edward Kalavitz which loan programs treat this most favourably.
Buyer fit: Common among long-tenured Macomb County residents who want to stay close to family but step up (or down) in housing size. The combination of mature housing stock, established neighbors, and predictable taxes makes this segment a frequent landing pad for inheritors and relocators within the county. Your broker can tell you what a seller is likely to accept here.
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 Fraser
Single-Family Homes
The core inventory across the 4.14 square miles of land. Most stock is post-war ranch and bi-level construction built between roughly 1950 and 1970 on modest, consistent lots. Bungalows and Cape Cods appear in older pockets, with periodic teardown-and-rebuild infill on premium blocks. The household base is heavily owner-occupied, and turnover is steady but not frenzied — meaning buyers get a reasonable selection without the bidding-war pressure of hotter outer-ring markets. As your local mortgage expert, Edward can answer this without a referral.
Condos & Townhouses
Condo and townhouse inventory provides a lower-maintenance entry path, particularly appealing to the city’s seniors-living-alone segment (roughly 16% of households) and to first-time buyers stepping out of rental. Communities are typically smaller-scale and integrated into the residential grid rather than standalone tower developments. HOA structures vary, so monthly assessments are a meaningful piece of the affordability math that needs comparison before committing. Edward can check this against today’s guidelines.
New Construction
With only 4.14 square miles of land and a built-out housing stock, new construction is overwhelmingly infill — single-lot rebuilds, occasional duplex parcels, and the rare small-scale subdivision finishing out remaining vacant land. Pricing reflects the cost of teardown-plus-rebuild rather than greenfield economies. Buyers who want truly new construction at scale often expand the search into Sterling Heights, Macomb Township, or Shelby to the north. This is a question for your loan officer before you start looking.
Investment Properties
The rental market is supported by Detroit metro workforce demand — Macomb County manufacturing, Warren-corridor tech and defense, downtown Detroit office and medical, and Macomb Community College student housing demand. The lower-priced single-family and condo segments produce workable rent-to-price ratios for investors targeting steady cash flow rather than rapid appreciation. Owner-occupancy in the city is high, so investor inventory rotates rather than dominates. Edward Kalavitz can tell you how much room this leaves you.
Waterfront Homes
The city is inland — Harrington Drain and Sweeny Drain flow northward through the city but are drainage features rather than recreational waterways. True lake or river frontage requires moving outward: Lake St. Clair frontage runs east through Saint Clair Shores, and the Clinton River sits to the north past Mount Clemens. Inland buyers wanting water access typically pair a city home with summer-season recreational use of nearby lakes. Ask your broker to sanity-check the numbers you have been quoted.
Luxury Homes
Higher-end inventory concentrates on larger-parcel residential, full renovations of well-located post-war stock, and the occasional newer infill build. The local price ceiling reflects the inner-ring suburban context rather than a luxury-destination market — buyers wanting the $700K-plus tier typically search Birmingham, Bloomfield, Grosse Pointe, or the Rochester Hills / Oakland Township corridor. Within the city, the upper band represents updated, larger-footprint single-family on premium blocks. Your mortgage expert can confirm what a lender will need to see.
Financing note: Programme fit depends on build type and condition. Your local loan expert matches the loan to the property, and as your local mortgage expert, Edward flags repair-escrow risk before the appraisal, not after.
Fraser Schools & Education
The city is served by one public district that handles the full K-12 sequence for residents within municipal limits, plus private and parochial options across the broader Macomb County area. Higher-education access is anchored by Macomb Community College, one of the largest two-year institutions in Michigan, with campuses across the county.
Fraser Public Schools
The public district serving residents within municipal limits, operating Fraser High School as the senior campus along with elementary and middle schools that feed into it. The district covers a compact attendance area — the city is only 4.16 square miles total — which means consolidated busing routes, shorter commutes for students, and a tight relationship between the district and the resident community. Roughly 26% of local households have school-age children, so district performance and millage decisions are a recurring conversation among owner-occupant residents. Buyers planning families typically tour district facilities early in the search process, and Edward coordinates that piece directly with families during the consultation. As your local mortgage expert, Edward reviews this with every buyer.
Private & Parochial Options
The broader Macomb County area carries a range of private and parochial school options spanning Catholic, Lutheran, Christian non-denominational, and independent secular schools. Many families choose hybrid arrangements where one child attends the public district and another attends private — or where elementary years run private and high school transitions to the public option. Tuition ranges vary widely, and several area schools offer need-based financial aid. Families weighing private should factor commute time and tuition into the housing budget when comparing neighborhoods. Edward can connect buyers to current Macomb County families who can speak to specific school experiences. Edward can tell you whether waiting changes anything.
Higher Education — Macomb Community College
Macomb Community College is one of the largest two-year institutions in Michigan, operating campuses across the county with transfer-degree pathways to Wayne State University, Oakland University, and other four-year programs. The college also runs workforce-training programs aligned with the regional manufacturing, healthcare, and skilled-trades sectors that anchor Macomb County employment. For families with high-school graduates, the cost-and-quality advantage of starting at MCC and transferring is a meaningful housing-decision factor — staying local during the first two years of college keeps housing flexibility open. The campus network is reachable from the city within a 15-to-25-minute drive depending on which location. Worth asking your loan officer how this fits your down payment plan.
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 Edward Kalavitz prices from the appraised address rather than the mailing town. Ask your broker to confirm the district before you write the offer.
Cost of Living & Property Taxes in Fraser
One of the biggest advantages of Fraser Michigan real estate is affordability relative to comparable metro areas. Here’s what it costs to live in Fraser.
18 mills
Removed by PRE
$68,000
Median Household Income
~50%
Taxable Value of Market
Property Taxes
Fraser 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 Fraser 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 Fraser home, the PRE saves roughly $1,080 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 Fraser than in comparable out-of-state markets.
Within Fraser, 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 Fraser 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 mortgage expert builds them in from the start rather than surprising you at closing.
Fraser Market Trends
Understanding market trends helps buyers and sellers make better decisions in the Fraser Michigan real estate market. Here’s what the data shows.
Key Trends for 2026
Prices rising steadily
Fraser 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, Fraser 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 local loan expert reprices weekly. Edward can tell you what is actually closing in Fraser right now.
Fraser Michigan Mortgage Broker Loan Programs
Your loan officer offers the full range of Michigan mortgage programs for Macomb 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 $7,697–$12,828 at Fraser’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 $8,980 at Fraser’s average of about $256,570
- 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 Fraser-area rural addresses
- Below-market interest rates for income-eligible buyers
- Edward Kalavitz verifies eligibility at no cost
- Income limits apply — Edward reviews Macomb County limits at consultation
💎 Jumbo Loans Option
№ 04- Available for Fraser properties exceeding the conforming loan limit
- Competitive wholesale jumbo rates from multiple lenders
- Typically requires 700+ credit and 10-20% down
- Ideal for premium Macomb County properties
🎖️ VA Loans — Zero Down for Fraser 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 Fraser residents and business owners
- Available for purchase and refinance transactions
📊 DSCR Loans
№ 08- Qualify based on rental income — not personal income
- Ideal for Macomb 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 Fraser-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
Fraser Michigan Mortgage Broker — Your 5-Step Process
Your broker has refined a clear, efficient process over 25+ years of Michigan lending.
Step 1: Free Consultation & Pre-Approval
Call your mortgage expert 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 Fraser
Pre-approval in hand, you evaluate Fraser properties with confidence. Your local loan expert can also serve as your licensed realtor — running live payment scenarios as you compare properties across Macomb County.
Step 3: Loan Application & Rate Lock
Once your offer is accepted, Edward 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 Fraser transaction on track through every approval step.
Step 5: Closing Day — Welcome Home to Fraser
On closing day, your loan officer ensures every document is accurate and all fees are verified. You sign final documents and officially become a Fraser homeowner.
Edward’s Selling Advantage
Selling Your Home in Fraser
Selling a home in Fraser 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. Ask Edward to review this alongside your credit profile.
As your listing agent, Edward Kalavitz handles every step of the local selling process — comparative market analysis using current Fraser 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. Your loan officer can tell you how sellers here typically handle it.
Most Fraser 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 Fraser, 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 Fraser sellers are buying again, and Edward Kalavitz 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 broker for the sale as well.
Why Choose This Fraser Michigan Mortgage Broker
Your mortgage expert brings over a quarter century of lending and real estate expertise to every Macomb County transaction.
Edward compares Conventional + FHA across dozens of wholesale lenders simultaneously — ensuring every Fraser buyer gets the best available rate and program structure.
Edward Kalavitz
Edward’s Local Take on Fraser
Twenty-five years working across Michigan, with a lot of time inside Macomb County’s inner-ring suburbs, here’s how I help buyers think about this market. The city has a specific role in metro Detroit’s housing landscape — it’s a compact, established suburb that offers mature neighborhoods, predictable schools, and freeway-enabled metro access without inflating the price tag the way the outer-ring or downtown-adjacent markets do. Five buyer priorities show up over and over in my consultations. I’ll walk through them in order. This is where having a Fraser Michigan mortgage broker who knows the area helps.
Edward Kalavitz
Watch: Meet Edward
Get to know Edward Kalavitz — learn how he helps Fraser Michigan families buy, sell, and finance homes with dual-licensed real estate and mortgage expertise.
Nearby Cities
Exploring the Fraser 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!”
“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!”
“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!”
Fraser Commute & Transportation
The city sits inside the Detroit metro freeway grid with I-696 running along the inner-ring belt and I-94 carrying traffic toward downtown and Lake St. Clair. Two section-road corridors handle local east-west movement, and Highway M-97 (Groesbeck Highway) crosses the southeast part of the city, linking Mount Clemens and Detroit.
Interstate 696
I-696 is the inner-ring east-west freeway tying together the northern Detroit suburbs from Saint Clair Shores in the east through Royal Oak and into the Southfield interchange in the west. Access from the city is a short drive south, putting destinations like Royal Oak, Madison Heights, and Southfield within easy reach. For households where one or both earners work along the I-696 corridor — a major office-and-medical employment belt — the freeway proximity is a daily commute advantage. Worth raising with your local loan expert while you are still comparing homes.
Interstate 94
I-94 is the primary east-west freeway connecting Detroit to Port Huron and onward to Chicago. Access from the city via the local arterial grid puts downtown Detroit within roughly 26 minutes for most off-peak trips, with the freeway also serving as the connector toward Detroit Metro Airport (DTW) via I-94 westbound and the southern beltway. For travelers and Detroit-bound commuters, I-94 is the workhorse route.
14 Mile Road
14 Mile Road is a primary east-west section-road corridor that runs through the city, carrying local commercial-and-commuter traffic and connecting to adjacent municipalities including Warren to the west and Roseville to the east. It functions as the city’s main retail-and-services spine, with most everyday errands handled within a five-minute drive along the corridor. For non-freeway commutes — particularly local trips within Macomb County — 14 Mile is the daily-use route for most residents.
Detroit Metro Access
Downtown Detroit is roughly 26 minutes by car under typical conditions, and the broader metro footprint — including Ann Arbor (62 minutes), Royal Oak, Birmingham, and the I-94 industrial corridor — is all reachable within an hour. For households where one earner commutes downtown and the other works locally, the city offers a balanced position inside the metro: not so far out that commutes are punishing, not so close to the urban core that pricing reflects downtown adjacency premiums. Edward can map this against what you want your payment to be.
Financing note: Freeway access is a recognised location factor in the appraisal, and your loan officer sees it in the comparables. Edward Kalavitz will also fold the true cost of a longer commute into what you can carry.
Where Fraser Sits on the Map
Approximate drive times to other markets buyers commonly compare to Fraser. Times reflect typical non-rush conditions; commute hours add 15–30%.
Fraser Lifestyle, Entertainment & Recreation
Daily life leans on the rhythms of a compact, mature Detroit-metro suburb: school-year cycles, local corridor shopping, freeway-enabled metro access for entertainment, and the seasonal cadence of Michigan’s humid continental climate — hot, often humid summers and cold winters that shape outdoor recreation patterns throughout the year.
Detroit-Metro Macomb County Suburb Character
Macomb County’s inner-ring suburbs share a distinct identity — owner-occupied single-family housing, established neighborhoods with mature trees, and a community fabric tied to local schools and section-road commercial corridors. The city embodies that template at compact scale: 4.16 square miles, 14,726 residents, a household base where 42% are married couples and roughly 33% are individuals living alone. It feels lived-in rather than transient, with neighborhood continuity rather than constant churn.
14 Mile Road / Garfield Road Corridor
The intersection of the east-west 14 Mile Road spine and the north-south Garfield Road corridor defines the local commercial-and-community geography. Most everyday services — groceries, gas, restaurants, dental and medical offices, hair salons, hardware — cluster along these two corridors and the cross-streets between them. The corridors are also where the community most visibly assembles: school traffic, weekend errand runs, and the small commercial rhythms of suburban life.
Fraser Public Schools Identity
The local school district gives the city a shared civic anchor that’s typical of small inner-ring suburbs. Sports schedules, school events, and the millage-and-bond conversations that come with a consolidated district create a sense of shared community calendar across the 4.16-square-mile footprint. Roughly 26% of local households include children under 18, so school-driven activity is a meaningful but not dominant slice of overall community life.
I-696 / I-94 Freeway Corridor
Living inside the freeway grid means the entire metro is within reach for entertainment, dining, and recreation. Detroit’s downtown sports venues (Comerica Park, Ford Field, Little Caesars Arena), the Royal Oak / Birmingham restaurant belt, the suburban shopping at Somerset, and the lakefront recreation along Lake St. Clair are all 15-to-40 minutes away. For households that want suburban quiet at home plus full metro amenities on weekends, the freeway corridor enables that balance. Ask your broker to show you the trade-offs before you decide.
Financing note: Walkable amenities read as a resale strength, and your mortgage expert counts that in the comparables.
Fraser Healthcare & Medical Facilities
Hospital access is anchored by three major Detroit-metro health systems: Ascension, Henry Ford Health, and Beaumont. Each operates campuses within a 15-to-30-minute drive of the city, and tertiary-and-quaternary specialty care is available within the same metro footprint. Most routine and specialist needs are covered without leaving Macomb County.
Ascension Macomb-Oakland Hospital – Warren Campus
The Warren campus provides full-service hospital care including emergency, surgical, maternity, and inpatient medical services for residents across the southern Macomb / northern Wayne County corridor. The Warren location is reachable in roughly 10-to-15 minutes from most blocks in the city via the local section-road grid and I-696. For households making hospital proximity a primary search criterion — particularly those with aging-parent caregivers or chronic-care needs — the Warren campus is typically the closest first option. Your local loan expert can verify this rather than leaving you to guess.
Henry Ford Macomb Hospital
Henry Ford Health operates a major Macomb County campus offering comprehensive hospital and specialty services. Within the Henry Ford network, patients also gain access to the system’s tertiary referral programs in Detroit. The Macomb campus handles the bulk of routine and specialty care closer to home, with referral pathways to downtown for advanced cases. Drive times from the city run roughly 10-to-20 minutes depending on which side of the campus and time of day. As your local mortgage expert, Edward can coordinate this with the purchase side.
Beaumont Hospital – Royal Oak
The Royal Oak campus is one of the larger academic medical centers in Michigan and serves as a major teaching hospital affiliated with Oakland University. Specialty programs include cardiology, oncology, neurosciences, and a full Level I trauma program. Drive time from the city is roughly 20-to-30 minutes via I-696 westbound. For complex or specialty cases referred out from local primary care, Royal Oak is one of the standard destinations within easy metro reach. Edward can tell you where this sits relative to your goals.
Tertiary Referral — Major Academic Systems
Beyond local hospital coverage, the Detroit metro area provides tertiary and quaternary care through Beaumont, Henry Ford Health, and the University of Michigan Health System (Ann Arbor, roughly 62 minutes away). For pediatric subspecialties, transplant programs, advanced oncology, and complex cardiac care, residents have multiple in-state academic options within a 30-to-90-minute drive. Most local primary-care offices coordinate referrals into these systems as a standard part of the care pathway.
Financing note: Premiums and out-of-pocket costs never appear in your debt-to-income ratio, so your loan officer will show the payment your file qualifies for and the payment your household actually feels.
Fraser Michigan Mortgage Broker — Frequently Asked Questions
QWhat is the average home price in Fraser, Michigan?
The average home price in Fraser is about $256,570 — 27.6% below the Michigan statewide average. Edward Kalavitz compares all programs to maximize your Macomb County purchasing power.
QHow fast are homes selling in Fraser, Michigan?
Fraser averages 27 days on market — a balanced pace giving buyers meaningful evaluation time. Edward issues pre-approval letters within 24 hours. Your broker can confirm the current figure for your situation.
QHow much down payment do I need in Fraser?
FHA requires about $8,980 (3.5%) at Fraser’s average of about $256,570. Conventional starts at 3-5% down (about $7,697–$12,828). VA offers 0% down for qualifying veterans. Your mortgage expert reviews every option before finalizing your strategy.
QWhat are closing costs in Fraser?
Closing costs typically run 2-5% — approximately $5,200–$12,828 on a $256,570 Fraser 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 Fraser?
FHA accepts scores as low as 580. Conventional requires 620+. USDA requires 640 minimum. Your local loan expert reviews your full credit profile and recommends the best-fit program.
QHow long does it take to close in Fraser?
Conventional and FHA purchases typically close in 30-45 days from accepted offer. Edward manages the pipeline proactively to keep your Fraser transaction on schedule. Ask Edward to price your exact scenario rather than an average.
QDoes Edward Kalavitz serve Fraser, Michigan?
Yes. Edward Kalavitz is a licensed Michigan mortgage broker (NMLS #138424) serving Fraser 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 loan officer will put this in writing on your Loan Estimate.
QIs Fraser, Michigan a good place to buy?
Fraser offers Macomb County community character and a $256,570 average that is 27.6% below the Michigan statewide average — with Conventional + FHA financing accessible for a wide range of buyers. Edward Kalavitz evaluates specific properties and programs for every buyer profile.
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Michigan Loan Programs for Fraser Buyers & Homeowners
As your Fraser mortgage lender and broker, Edward Kalavitz offers the full range of loan programs — shopped across 12+ wholesale lenders. Explore your options: