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Wayne office DRebuild Detroit grade 50/100
Mortgage ยท Wayne, MI
Mortgage lenders and home loans in Wayne, MI
What homes here cost, what a buyer needs to bring, and the local lenders who close here.
- Homes for sale now
- 0
- MLS and Zillow listings, for sale or pending
- Median sale price
- $180,000
- Homes sold in the last 12 months
- Census median rent
- $974
- What renters here pay a month
The numbers for Wayne
Worked from the local figures above. Each one says what it assumes; your own numbers come from your lender, agent or title company.
3.5% down (FHA)
$6,300
On a $180,000 home, the local median sale
20% down (no mortgage insurance)
$36,000
On the same home
Closing costs, about 3%
$5,400
Paid at closing on top of the down payment
Local pros for mortgage in Wayne
Ranked by the Rebuild Detroit grade: reviews, license, years in business and how close they are.
Home Inspection near Wayne
Office in Westland C-Rebuild Detroit grade 51/100
Office in Dearborn Heights C-Rebuild Detroit grade 51/100
Work with a local agent
A buyer's agent can set up showings, pull comps and negotiate for you.
Mortgage nearby
Who you are dealing with
Tevin Jackson, founder of Rebuild Detroit
Tevin Jackson founded Rebuild Detroit to put Metro Detroit's homes, numbers and local pros in one place you can trust. Every figure on this Wayne page says where it comes from, and every pro listed is ranked the same way, by reviews, license and years in business.
- Detroit real estate investor
- Author of Against All Odds and The Spark
- Helped scale 100+ home service brands
More for Wayne
Selling in Wayne
Buying and renting in Wayne
Owning a home in Wayne
Near Wayne
Mortgage in Wayne FAQ
3 questions
How much do I need to buy in Wayne?
On the local median sale of $180,000, 3.5% down is $6,300 and closing costs add about 3%.
Should I get pre-approved first?
Yes. Sellers here take an offer with a pre-approval letter far more seriously, and you will know your price before you tour.
Where do these numbers come from?
Census five-year estimates for the place, the MLS and Zillow listings and sales in the Rebuild Detroit homes index, and the Rebuild Detroit directory for the local pros.