With 30 years in the industry

Mortgage Broker in Duncan, SC

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Classic Home Mortgage Providing Trustworthy Mortgage Guidance for Over 30 Years

Buying a home is one of the most significant investments that you will ever make. Like most good things, finding the perfect home comes with a lot of work. From your initial search online to your home tour and finally closing, there are many difficult decisions to make along the way. The bottom line is that the entire home buying process can be very stressful, especially when it comes to finding the right mortgage broker and loan for your new home. Since market conditions and mortgage programs change frequently, you have a lot riding on your broker's ability to provide quick and accurate financial advice. Whether you're a first-time homebuyer or own several residential properties, you need a mortgage broker in Duncan, SC, who can educate you on mortgage rates and provide trustworthy guidance to help you make an informed decision.

My name is Dan Crance - Duncan's most trusted mortgage loan officer with more than 30 years in the mortgage industry. I bring unparalleled insight and decades of experience into your home loan process. If you're looking for a new home loan, are interested in refinancing your current mortgage, or need information regarding FHA, VA, or other types of loans, Dan Crance is Your Mortgage Man.

Unlike some mortgage loan officers in Duncan, my primary goal is to help you make the right mortgage choice for you and your family. Mortgage lenders have a horrible reputation for turning over clients quickly to expedite cash flow and make the most money possible. While some mortgage brokers come off as pushy and impatient, I encourage my clients to take as much time as they need to ask questions and review their mortgage agreements. I'm here to help answer those questions and provide you with easy-to-understand advice so that you can rest easy knowing you made the right choice. I could say that I strive to provide service that exceeds your expectations, but I'd rather show you. In the end, I want you to leave feeling confident in the loan you've selected, as well as in your choice of broker.

Service Areas
Mortgage Broker Duncan, SC
 Refinance Duncan, SC

Why Choose Dan Crance As Your Mortgage Lender in Duncan, SC?

Clients choose my mortgage company because I truly care about helping them navigate the often-confusing landscape of the mortgage process. I am fiercely dedicated to my clients and make every effort to provide them with trustworthy advice and an open line of communication.

In my business, I work for two different customers. On one hand, I have the buyer: the person entrusting me with the responsibility of guiding them through one of the most important decisions ever. Serving homebuyers is not a task that I take lightly. I work with them daily to help them through the process and provide timely updates and news on their mortgage status. On the other hand, I have the realtor: the person who works with my client to find their dream home. Since their commission is in my hands, working with realtors is also a very important task. I update these agents on the status of their customers weekly. Only when I take care of both parties can I say my job as a mortgage loan officer is complete.

As a mortgage broker with more than 30 years of experience, I pledge to give you the highest level of customer service while providing you with the most competitive loan products available. That way, you can buy the home of your dreams without second-guessing your decision.

Ask Dan Anything843-478-5612
 Conventional Mortgage Duncan, SC

Home Financing in Duncan, SC

At Classic Home Mortgage, our team works diligently to close on time without stress or hassle. Whether you're a seasoned homeowner or are buying your new home in Duncan, we understand how much stress is involved. Our goal is to help take that stress off of your plate by walking you through every step of the home loan process. Because every one of our clients is different, we examine each loan with fresh eyes and a personalized approach, to find you the options and programs you need.

With over 30 years as a mortgage professional in Duncan, Dan Crance will help you choose the home loan, interest rate, term options, and payment plans that fit your unique situation.

 FHA Mortgages Duncan, SC

When you work with Classic Home Mortgage, you can always count on our team to:

  • Put your needs first.
  • Work efficiently and quickly. Many of our home loans close in 30 days or less.
  • Offer you a variety of home loans to choose from, and help you make an informed decision.
  • Provide you with competitive rates that make sense for your budget and lifestyle.
Ask Dan Anything843-478-5612

While no two loan terms are the same, a few of the most common loan types include:

30-Year Loan - This loan is often considered the most secure option to choose. With a 30-year loan, you can lock in a low payment amount and rest easy knowing your rate won't change.

FHA Loan - If you're not able to make a large down payment, an FHA loan could be the right choice for you. With an FHA loan, many of our clients have successfully purchased a home with less than 4% down.

VA Loan - This loan is reserved for military veterans and active-duty men and women. Those who qualify may be able to purchase a home with no down payment and no Private Mortgage Insurance (PMI).

Choosing a home loan is an important step in the home buying process. At Classic Home Mortgage, we are here to make choosing a loan as easy as possible, so you can focus on the joys of being a homeowner. Contact our team of experts today and ask how you can get pre-qualified for your home loan in Duncan, SC.

Refinancing in
Duncan, SC

Because home mortgage rates in the U.S. have been so low over the last year, many current homeowners are opting to refinance their home loans. Simply put, refinancing is replacing your existing mortgage with a different mortgage under new terms. Homeowners who refinance their homes enjoy lower interest rates, lower monthly payments, and even turn their home's equity into cash. If you're interested in refinancing your home, it all begins with a call to your mortgage broker in Duncan, SC - Dan Crance.

Here are just a few reasons why more homeowners in the U.S. are taking advantage of lower rates and refinancing their homes:
 Home Ready Mortgages Duncan, SC
Shorter Term Loan

Shorter Term Loan

Refinancing from a 30-year to a 15-year mortgage might seem counterproductive on the surface because your monthly payment usually goes up. However, interest rates on 15-year mortgages are lower. And when you shave off years of your previous mortgage, you will pay less interest over time. These savings can be very beneficial if you are not taking the mortgage interest deduction on your tax returns.

Do Away with FHA

Do Away with FHA

FHA loans are notorious for paying premiums for the life of the loan. Mortgage insurance premiums for FHA loans can cost borrowers as much as $1,050 a year for every $100k borrowed. The only way to get rid of mortgage insurance premiums is to refinance to a new loan that the Federal Housing Authority does not back.

Switch to Fixed Rate or Adjustable-Rate Home Loan

Switch to Fixed Rate or Adjustable-Rate Home Loan

Sometimes, borrowers with adjustable-rate mortgages refinance so they can switch to a fixed rate, which lets them lock in an interest rate. Doing so is beneficial for some homeowners who like to know exactly how much their monthly payment is each month. Conversely, some homeowners with fixed rates prefer to refinance to an adjustable-rate mortgage. Homeowners often go this route if they plan on selling in a few years and don't mind risking a higher rate if their plans fall through.

 Mortgage Banker Duncan, SC

Common Questions About Home Loans

Finding the right loan can be a difficult proposition, even if you have been through the process before. This is especially true since mortgage rates and market conditions change frequently. If you're like most of my clients, you probably have questions about interest rates, refinancing options, and a litany of other topics. To help alleviate some of your stress, here are just a few common questions with answers so that you can better educate yourself as we work our way to securing your loan.

Generally speaking, you should consider refinancing when mortgage rates are 2% lower than the current rate on your home loan. For some homeowners, refinancing makes sense when there is only a 1% difference. Reducing your mortgage rate is a great way to save money or apply your savings to a home upgrade. The money you save on your refinanced loan depends on your loan amount, budget, income, and charges from interest rates. It's crucial that you work with a trusted mortgage loan officer in Duncan, SC, to help calculate your refinancing options.
This is one of our most frequently asked questions at Classic Home Mortgage. In simple terms, points let you make a tradeoff between the upfront costs of your loan and your monthly payment amount. Points are essentially costs that you have to pay to your mortgage lender to get financing under specific terms. A point is defined as a percentage on your loan amount. 1-point is equal to 1% of the loan. So, 1 point on a loan worth $100,000 is equivalent to $1,000. When you pay some of the interest on your home loan upfront, you use discount points to lower your interest rate.
If you plan to live in the property for a few years, it makes a lot of sense to pay points to lower your interest rate. Doing so will help lower your monthly loan payment, which you can use to save money. Paying points may also increase the amount of money that you can borrow. If you do not plan on living in the property for at least a few years, this strategy might not make financial sense because you might not be able to make up the amount of the discount points you paid up-front.
In short, yes, your mortgage lender will need to know your credit score. Credit scoring is a system that creditors use to decide whether they will give you credit. Your credit score helps creditors decide how creditworthy you are or how likely you will repay your loan. In most circumstances, creditors will use your FICO scores during the loan process. Your score will fall between high risk (350) and low risk (850). Your credit score plays a big role in the loan process, and as such, your score must be accurate before submitting a credit report when applying for a loan.
The answer to this question depends on how money you choose to put as a down payment on your home. On a conventional loan, if your down payment is less than 20% of the price of your home, your mortgage broker in Duncan may require you to get Private Mortgage Insurance or PMI for short. This insurance protects your lender in the event you default on your mortgage. The best way to avoid paying for this insurance is to make a down payment of 20% or more of the purchase price of your home.
 Mortgage Company Duncan, SC

Trust Dan Crance

Your Mortgage Lender in Duncan, SC

Whether you're selling, buying, refinancing, or building the home of your dreams, you have a lot riding on your home loan specialist. When you need a mortgage broker who works tirelessly for you, answers your questions, provides guidance, and does so with a genuine smile, Dan Crance is your mortgage man. Contact Dan today at 843-478-5612 to get pre-approved and discover why Duncan loves Classic Home Mortgage.

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Latest News in Duncan, SC

I Took 5 Kids to Shipwreck Cove in Duncan and They All Had a Blast

Looking for something new and exciting to do this summer that kids of all ages will enjoy? We sent a local mom to check out Shipwreck Cove in Duncan and tell us all about this water park. Filled with water slides, a lazy river, and a toddler play area, everyone is sure to enjoy a visit to Shipwreck Cove!We were given tickets to Shipwreck Cove in exchange for this review. Opinions are those of the writer.It’s the last month of summer vacation and I feel like I’m running out of ideas on how to keep t...

Looking for something new and exciting to do this summer that kids of all ages will enjoy? We sent a local mom to check out Shipwreck Cove in Duncan and tell us all about this water park. Filled with water slides, a lazy river, and a toddler play area, everyone is sure to enjoy a visit to Shipwreck Cove!

We were given tickets to Shipwreck Cove in exchange for this review. Opinions are those of the writer.

It’s the last month of summer vacation and I feel like I’m running out of ideas on how to keep the kids entertained. I take that back. I have plenty of ideas on how to keep them entertained. I’m just getting a little tired of trying to wear them out! Over the weekend, I thought of the perfect way to do just that. Shipwreck Cove, here we come!

About Shipwreck Cove in Duncan

My crew, including 5 kids and 1 (super brave) mom, arrived at Shipwreck Cove slightly before they opened that park at 10 am. First word of advice before heading out: apply the kiddo’s sunscreen either right before leaving the house or at the car before you enter the park. If you’re juggling as many as I did today, it might be hard to keep them all still once they walk through the gates and see the fun that awaits them.

Not only did I think of heading to this nearby water park for the sake of trying to tire everyone out; it was a place I thought everyone would enjoy, from age 2 to 13. From the moment we arrived, my theory was proven correct.

The kiddie area at Shipwreck Cove

As you walk into Shipwreck Cove, the kiddie area for the younger children sits front and center. With a zero-entry pool that goes no higher than six inches deep, my two-year-old made a beeline right for the mini pirate ship in the middle of the kiddie pool. This pirate ship was her focal point while we were there- with two softly padded staircases, only about four to five small steps high, two pint-sized water slides, and a bridge, she felt like she could conquer it all.

The top of the pirate ship where she could walk around had a rougher texture (but was still easy on the bottom of her feet) so the surface wasn’t slippery. Bonus points go to whoever came up with that design idea. We all know wet surfaces can easily mean your child might fall, and this was just one less thing I had to worry about while we were there. All the slides in the kiddie area had a soft padding to land on. They really kept the little ones in mind here!

The older children weren’t so interested in the pirate ship, which was fine because they try to restrict it to just the younger children using it. The kiddie area also had a tall fixture with cone-shaped buckets that would fill up with water and eventually tip over (right on top of your head if you were standing under it). This was a big hit even for the older children. The suspense of “when is the water going to come down” really made them smile. A fountain and another small slide complete the kiddie pool area, and that was more than enough because, you know, younger kids and repetition sort of go together.

The pools, the slides, and the lazy river

All the pools at Shipwreck Cove are connected to each other, which makes it easy for the kids to swim from one area to the other without them getting out and you having to yell “stop running!” The larger pool can be entered either through steps toward the back part of the kiddie pool, through stairs that go directly from the deck to the pool itself, or through two tall windy water slides that the 11 and 10-year-old boys referred to as “awesome!”

Once they went down the slides, that is where they stayed a majority of the day. There is a yellow slide, which is covered like a tunnel, and a red slide that is a bit wider and is open. At first the red slide seemed to be the favorite because the boys said it was the faster of the two; that is, until one of them discovered “if you lay back on the yellow slide, it goes way faster!”

I personally didn’t go down the water slides (I’m not a chicken, I promise), so you might have to go test which slide is faster for yourself. There is a 42-inch height requirement to go on the slide, so not all kids may be able to test it out.

Connected to the larger pool is a lazy river. Grab an inner tube provided by the park (which is required to hang out in the lazy river), lay back and let the “current” take you for a smooth, relaxing ride. Try to keep your eyes open though or you may get surprised by one of the water fountains that spray into the water. This was the primary hang out spot for the 13-year-old I brought along. She told me, “I like going down the water slides a few times then going over to the lazy river to take a break from climbing up the stairs to get to the slide.” Who could blame her?

There are plenty of chairs and loungers pool-side, some next to umbrellas if you want shade. I opted for the row of chairs that were closest to the kiddie pool area, but also gave me a good view of the larger pool. The bathrooms are situated right behind this area near the entrance. Lockers are located near the bathrooms and are available to rent if you want to lock up your personal items.

Enjoy lunch at Shipwreck Cove

Time flies when you’re having fun, and before I knew it, it was lunchtime. Outside food and beverages are not allowed in the park, so I didn’t pack anything. No worries though because food is available to purchase inside the park and the prices are fair. Fries, nachos, mozzarella sticks, chips, popcorn, burgers, chicken sandwiches and tenders, hot dogs, a variety of drinks, and some tasty desserts are available to purchase.

Chicken tenders and chicken sandwiches were our choices today, and we chose well because the kids ate it all (even my picky eater two-year-old)! After lunch, of course they all wanted to get back to running up the stairs to go down the water slide, but I put my foot down on that one. Time to take it easy for about 20 minutes so no one feels sick after inhaling their lunch. Hello, lazy river!

Safety at Shipwreck Cove

One worry I had when I arrived was “how am I going to keep an eye on five kids going in all different directions?” Two things gave me a very simple solution to that. One- since all the pools are connected, I was able to stand near the back part of the kiddie pool while I was with my youngest and keep an eye on everyone else at the same time. Solution number two- lifeguards! The lifeguards are situated around the lazy river and the larger pool.

There is also a lifeguard at the top of the larger slides to regulate when people can go down and a couple lifeguards at the bottom of the slides in case someone needs a little help getting out of the water. Since I haven’t quite figured out how to grow eyes on the back or sides of my head yet, these lifeguards put my mind at ease to make sure everyone stayed safe. There is no lifeguard around the kiddie pool though, so I stuck around there pretty much the entire time.

Another way Shipwreck Cove looks out for the safety of their guests is by having life jackets available at no extra cost, and there are various sizes available to choose from. They do have traditional life jackets available for younger children, but they do not carry Puddle Jumpers. I’m personally a fan of Puddle Jumpers for my little one, so I brought it along with me. If you feel more comfortable using your child’s life jacket from home, they will allow you to bring it into the park.

Events & Parties

They offer a large party rental space just outside of Shipwreck Cove called Stolenedge Park. This rental space can host up to 40 people at the smaller shelter and up to 75 people at the large shelter. It includes a park, walking trail, and restrooms convenient to both shelters. The fee for the small shelter is $30 and the fee for the larger shelter is $60. You can only reserve these for 2-hour intervals. Additionally, they offer birthday party packages and special events. Learn more on the Shipwreck Cove Website.

My kids’ thoughts on Shipwreck Cove

Into the afternoon hours, I knew my youngest was ready for nap time. This was the time I dreaded: telling everyone it was time to go and hearing their objections. Boy was I shocked when no one objected to going home because, (((drum roll please))), they were tired! Yes! Mission accomplished!

I managed to not only wear out all five kids, but they all had a great time as well. The ride home consisted of two of them falling asleep and the others talking about the fun they had. Shipwreck Cove provided a fun day for the kids, and an easy day for the parent (me). We will definitely go back for more fun!

Plan a visit to Shipwreck Cove

119 South Spencer Street, Duncan SC864.949.0290$9 for 41″ & Under$12 for 42″ & OverSeniors/Handicapped/Military (with ID) $6

Open Monday – Saturday 10 am – 6 pmOpen Sunday 1 pm – 6 pm

Visit the Shipwreck Cove Website to learn more.

Have you ever visited Shipwreck Cove?

Are you looking for more ways to cool off this summer? Read our Where To Swim and Splash in the Upstate Guide.

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