With 30 years in the industry

Mortgage Broker in Boiling Springs, 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 Boiling Springs, SC, who can educate you on mortgage rates and provide trustworthy guidance to help you make an informed decision.

My name is Dan Crance - Boiling Springs'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 Boiling Springs, 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 Boiling Springs, SC
 Refinance Boiling Springs, SC

Why Choose Dan Crance As Your Mortgage Lender in Boiling Springs, 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 Boiling Springs, SC

Home Financing in Boiling Springs, 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 Boiling Springs, 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 Boiling Springs, Dan Crance will help you choose the home loan, interest rate, term options, and payment plans that fit your unique situation.

 FHA Mortgages Boiling Springs, 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 Boiling Springs, SC.

Refinancing in
Boiling Springs, 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 Boiling Springs, 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 Boiling Springs, 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 Boiling Springs, 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 Boiling Springs, 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 Boiling Springs 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 Boiling Springs, SC

Trust Dan Crance

Your Mortgage Lender in Boiling Springs, 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 Boiling Springs loves Classic Home Mortgage.

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Latest News in Boiling Springs, SC

Early voting: Where, how to cast a ballot before election day in South Carolina

After early voting kicked off in South Carolina on Oct. 21, 865,569 residents have cast ballots, according to data from the South Carolina Election Commission.This is the first time South Carolina voters have been able to cast a ballot early in a presidential election. Lawmakers passed a bill allowing for a two-week early voting period in 2022.As of Oct. 28, 78,464 Greenvillians have cast a vote, and 45,653 voters in Spartanburg have turned out, with Anderson County reporting 21,719 votes cast since ...

After early voting kicked off in South Carolina on Oct. 21, 865,569 residents have cast ballots, according to data from the South Carolina Election Commission.

This is the first time South Carolina voters have been able to cast a ballot early in a presidential election. Lawmakers passed a bill allowing for a two-week early voting period in 2022.

As of Oct. 28, 78,464 Greenvillians have cast a vote, and 45,653 voters in Spartanburg have turned out, with Anderson County reporting 21,719 votes cast since early voting began last week.

More:Election 2024: Two referendums will be on the ballot for Greenville voters

Here's what you should know about early voting in South Carolina.

Where can I vote early in person?

Early voting will continue until Nov. 2 from 8:30 a.m. to 6 p.m. The state's election commission has a list of early voting centers by county.

Where can I vote early in Greenville?

McAlister Square, 225 S. Pleasantburg Drive, Greenville

Mauldin Senior Center, 203 Corn Road. Greenville

Mt. Pleasant Community Center, 710 S. Fairfield Road, Greenville

Calvary Baptist Church – Student Center, 207 Davenport Road, Simpsonville

Travelers Rest Council Chambers – City Hall, 125 Trailblazer Drive, Travelers Rest

Northwest Campus Greenville Technical College – Heritage Hall, 8109 White Horse Road, Greenville

Benson Campus Greenville Technical College – Benson Pavilion, 2522 Locust Hill Road, Taylors

Where can I vote early in Spartanburg?

Spartanburg County Board of Voter Registration & Elections, 366 N. Church St. #1630 Spartanburg

Woodruff Library, 270 E. Hayne St. Woodruff

Boiling Springs Library, 871 Double Bridge Road, Boiling Springs

Middle Tyger Library, 170 Groce Road, Lyman

Where can I vote early in Anderson?

Anderson County Board of Voter Registration & Elections, 301 N. Main St., Anderson

Pendleton Library, 650 S. Mechanic St., Pendleton

Powdersville Library, 4 Civic Ct. Powdersville

Watkins Community Center, 2 Louisiana St., Honea Path

What do I need to bring to vote?

Residents will need to show an ID to vote, which can be a driver's license, an ID card issued by the South Carolina Department of Motor Vehicles, a voter registration card with a photo, a federal military ID or a U.S. passport.

How can I see my ballot?

Find your sample ballot, at scvotes.gov/voters/absentee-voting/

Savannah Moss covers SC government/politics. Reach her at smoss@gannett.com or follow her on X @Savmoss.

Boiling Springs brush fire under investigation

SPARTANBURG COUNTY, S.C. (WSPA) – A fire in Spartanburg County that mysteriously erupted, causing a road to close Wednesday morning is being investigated as an intentional, malicious act.Early Wednesday morning, crews from Boiling Springs Fire Department and nearly 20 other area stations were called to a large brush fire on River Oak Road, near Short Cut Road.River Oak Road, around Short Cut Road, had to be closed due to the traffic buildup, as crews worked to extinguish the fire.Fire Chief Scott Miller said they h...

SPARTANBURG COUNTY, S.C. (WSPA) – A fire in Spartanburg County that mysteriously erupted, causing a road to close Wednesday morning is being investigated as an intentional, malicious act.

Early Wednesday morning, crews from Boiling Springs Fire Department and nearly 20 other area stations were called to a large brush fire on River Oak Road, near Short Cut Road.

River Oak Road, around Short Cut Road, had to be closed due to the traffic buildup, as crews worked to extinguish the fire.

Fire Chief Scott Miller said they have never seen a brush fire in the county like this.

“Never,” Boiling Springs Fire Chief Scott Miller said. “We have never had a brush pile this large.”

The brush pile contained debris from Hurricane Helene. The site had served as a drop off for several weeks.

Miller said crews were on scene one minute after the call came in, around 2 a.m. He said they knew it would not a small task.

“It’s a huge fire,” Miller said. “It is equivalent to 2-3 multi-story buildings worth of timber, trees, and limbs.”

Miller said extinguishing the fire took several hours of work, and crews were not able to scale back their work for the first five hours they were on scene.

“If you take a look at the site there is no way we were going to put it out,” Miller said. “It was about managing the heat and the ash and the temperatures of it to keep it off the structures.”

One of the biggest concerns was in case the fire began to spread. Luckily, 7News was told that no structures were impacted and no injuries have been reported.

“We set up water supplies and water lines to try and keep the fire and the heat off of the church, and the embers off of the other house,” Miller said. “We worked to contain it, knock it down so that it could be monitored over the next few days without having to worry about the risk of spread or further fires,” Chief Miller said.

The Boiling Springs Fire Department said they are investigating the fire as an intentional, malicious act. They do not recommend that anyone at home attempt to burn their storm debris.

“I don’t want people to get impatient with the county of the state and think this is a responsible way to get rid of your debris,” Miller said. “This was not planned. This was not in any way meant to happen.”

Boiling Springs Fire Department said the debris pile is expected to smolder over the next several days. The fire department will monitor the area while it is still smoldering.

The fire investigation has been turned over to the Spartanburg County Sheriff’s Office. Anyone with information about the fire is asked to contact the sheriff’s office.

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