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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.

 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.

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.

After hours by appointment only. CONTACT DAN

Latest News in Boiling Springs, SC

Several new developments planned for Highway 9, residents concerned about traffic

BOILING SPRINGS, S.C. (FOX Carolina) - Realtors are calling it a development boom! Highway 9 in Boiling Springs has seen major growth over the last 10 years with no signs of slowing down.“You know as a kid, the only real growth and development was on the East side of Spartanburg and the West side,” said Andy Hayes, the Vice President of Spencer Hines Properties.Now Spartanburg’s growth is happening on the highways. Spencer Hines Properties agents have been busy making deals on Highway 9.“10 years ...

BOILING SPRINGS, S.C. (FOX Carolina) - Realtors are calling it a development boom! Highway 9 in Boiling Springs has seen major growth over the last 10 years with no signs of slowing down.

“You know as a kid, the only real growth and development was on the East side of Spartanburg and the West side,” said Andy Hayes, the Vice President of Spencer Hines Properties.

Now Spartanburg’s growth is happening on the highways. Spencer Hines Properties agents have been busy making deals on Highway 9.

“10 years ago I would have thought you know it’s got to come to an end on Highway 9 in Boiling Springs, and then five years ago I would have said the same thing and we’re still saying that now but it’s phenomenal what continues to happen,” he said.

Highway 9 has a lot of empty land, selling for as high as $1 million dollars an acre. But developers are buying and change is coming fast.

“There will be other new projects that start next week, I mean it’s that active up there,” said Hayes.

Spencer Hines has already sold land for a car wash, Culvers, a BBQ restaurant, retail strip, coffee shop and family entertainment center with bowling and an arcade. Also a large Target development, behind the store will be more than 100 apartments and a townhome community. These projects are just half of the recent deals.

On Facebook we asked for your thoughts. Through more than 100 comments from Boiling Springs residents, many were excited and asking for more. Others have concerns, some comments saying---

“We do not need anymore apartments or housing. We are full!”

“Too many accidents..too many people..too much growth.”

“I feel that the infrastructure is not prepared”

If voters approve the next penny tax in November, Highway 9 is listed for corridor road improvements, but that could be years down the line.

“I think it’s a double-edged sword. People are excited about having it but they’re also going to have to deal with additional traffic that comes along with that,” said Hayes.

Copyright 2023 WHNS. All rights reserved.

Upstate woman honors deceased sister, hires those with disabilities through new bakery

"Sissy's Sweets" is a vision turned reality, symbolic of a bond between two sisters Infinite Scroll Enabled Anchor/Reporter GET LOCAL BREAKING NEWS ALERTSThe latest breaking updates, delivered straight to your email inbox.Your Email AddressPrivacy Notice ...

"Sissy's Sweets" is a vision turned reality, symbolic of a bond between two sisters

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BOILING SPRINGS, S.C. —

"Sissy's Sweets" now has a physical store location in Boiling Springs. However, the journey of baking as a career pathway for owner Miranda Gilbert began back in 2020 out of her home, following the death of her sister, 22-year-old Erika.

"My little sister, her name was Erika and she was six years younger than me," Gilbert said. "She had Down syndrome. My family liked to say she was my soulmate, not just my sister. She was my best friend in the entire world. We loved to bake together. That was one of the many things we loved to do together.”

Gilbert said the two developed a love for baking early on, and it quickly became a hobby that would have an everlasting impact.

“After that, [Erika's passing] I just immediately knew I wanted to start Sissy’s Sweets in her honor,” Gilbert said.

Inside the bakery and coffee shop, you'll notice several large photos hanging on the walls that encompass Erika's larger-than-life personality as well as her love for baking.

Gilbert said the two always talked about opening a shop together, and now she has an opportunity to fulfill that mission.

"Her favorite part of baking was eating," Gilbert said, laughing. "With her having Down syndrome, my goal with Sissy’s Sweets was to give her a job opportunity as she got older, so now that I can’t do it with her.I just say I’m doing it for her.”

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As another way to honor her sister, Gilbert plans to hire individuals with a range of disabilities.

"I'm selfish and just love seeing their sweet faces," Gilbert said. "But it's all about loving them and giving them a chance. They can do anything just like anybody else, and a disability shouldn’t hold them back just because they’re differently able than other people.”

As you exit Sissy's Sweets, a sign above the door is hard to miss. It reads, "Thank you for come to see me."

“We know she’s in heaven, and she’s happy, but she would really love to be here getting all this attention and eating some cupcakes,” Gilbert said.

"Whenever we had Christmas or anything with our family or a big group of people, she always had to give a speech and stand in front of everybody," Gilbert said. "She’d always say thank you for come to see me.”

Sissy's Sweets is set to have its soft and grand openings by next month.

How Hudson Wilson's clutch plays put Boiling Springs baseball in AAAAA Upper State final

Boiling Springs baseball coach Jeff Lipscomb, after his team won an elimination game Monday night and reached the Upper State high school championship, had one more question for his team in the postgame circle.“Who would you rather have up in the biggest spot than this guy?” he said, pointing to senior catcher Hudson Wilson.It was a rhetorical question.Wilson’s eighth-inning,...

Boiling Springs baseball coach Jeff Lipscomb, after his team won an elimination game Monday night and reached the Upper State high school championship, had one more question for his team in the postgame circle.

“Who would you rather have up in the biggest spot than this guy?” he said, pointing to senior catcher Hudson Wilson.

It was a rhetorical question.

Wilson’s eighth-inning, game-winning hit off the right-field fence scored Luke Compton from third base, and it might be a tie between them for slowest 90 feet in high school baseball history.

“I was just walking,” Wilson said. “All we needed was a sacrifice fly right there.”

They both made it, eventually, and Boiling Springs beat T.L. Hanna, 2-1, triggering the celebration of a dramatic comeback. The Bulldogs were being shut out and down to their final three outs in the seventh.

Boiling Springs (19-8) will play at 5 p.m. Wednesday at Blythewood (20-4) and needs to win twice to advance to the state championship.

Hudson, who went 3-for-4, made one of the defensive plays of the game in the top of the eighth and his highlight inning was just getting started.

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Hudson, an Anderson University signee, caught a runner leaning too far off first on a failed bunt attempt and that led to a shutdown inning and a chance for a walk-off in the bottom half.

“What a great night for No. 7,” Lipscomb said. “Picks that guy off and does the job catching (starting pitcher and Clemson commit) Jackson Cole all night long and then comes up with the game-winner. Mr. Clutch.

“... Man, he was fun to watch.”

Unexpected pitchers' duel with Clemson commit

It was a pitchers’ duel, which was normal in the Upper State finals because three runs by T.L. Hanna in the first round against Lexington is now considered an offensive explosion.

But this one was rather unexpected because it was between Clemson commit Jackson Cole of Boiling Springs and T.L. Hanna freshman Easton Thomas.

Cole reached his 110-pitch limit in the eighth. He struck out nine, walked three and allowed six hits. Thomas went six-plus and had a 1-0 lead when he departed in the seventh with a runner on first.

T.L. Hanna baseball is ahead of schedule

Hanna’s final record won't be all that impressive, 12-11, but the Yellow Jackets went 7-2 in their region during a rebuilding season.

They lost 13 seniors after last season, had two returning offensive players with more than 30 at-bats and just one pitcher with significant experience.

“I just loved the growth and maturity,” Hanna coach Daniel Crenshaw said. “We were so young and not a lot of people expected a lot from us. But these guys competed their tails off.”

Chapman baseball hires John Goodwin, a Boiling Springs assistant, as next coach

Boiling Springs assistant baseball coach John Goodwin was promoted to lead the Chapman program, replacing Steven Fusaro, who stepped down earlier this month to become an assistant principal at Chesnee Middle."I am honored to be named the Head Baseball Coach at Chapman High School," Goodwin...

Boiling Springs assistant baseball coach John Goodwin was promoted to lead the Chapman program, replacing Steven Fusaro, who stepped down earlier this month to become an assistant principal at Chesnee Middle.

"I am honored to be named the Head Baseball Coach at Chapman High School," Goodwin said. "As a lifelong resident of Spartanburg County, I have always had a deep administration for the dedication to success, both academically and athletically, that Chapman High School possesses.

“I am excited to work alongside the talented coaching staff and to continue a program that Chapman and the community can be proud of."

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Goodwin has been on the Boiling Springs staff since 2015 and has served as assistant athletics director since 2016. Before his time in Boiling Springs, Goodwin was the coach at his alma mater Broome from 2010-14, leading the Centurions to the Class AA state championship series in 2011 — ultimately falling to Bishop England.

That same season, Goodwin was named the Spartanburg Herald-Journal baseball coach of the year and the South Carolina Baseball Coaches Association Class AA coach of the year.

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"We are thrilled to welcome Mr. Goodwin to Chapman High School and Spartanburg (School District) One," incoming Chapman principal Matt Davis said in a news release. "His extensive coaching experience, dedication, and strong leadership qualities make him an ideal fit for our baseball program. We look forward to seeing our student-athletes thrive under his guidance."

Chapman will lose six seniors from this season's team that finished the 2023 season with an 18-9 record and in second place in Region 3-AAA but will return a talented core led by rising seniors Kole Brown, Hudson Moss, and Wesley Shipman.

County Council looks to expand zoning. What that could mean for Boiling Springs, Campobello.

Three years after enacting zoning for southwestern Spartanburg County to regulate growth, County Council is moving forward with plans to bring zoning to the entire county.Planning Director Joan Holliday told council members Monday public input will be sought in drafting a performance zoning plan to be ready for council approval by this fall.T...

Three years after enacting zoning for southwestern Spartanburg County to regulate growth, County Council is moving forward with plans to bring zoning to the entire county.

Planning Director Joan Holliday told council members Monday public input will be sought in drafting a performance zoning plan to be ready for council approval by this fall.

The plan would not apply to incorporated towns and cities, but could bring order to fast-growing unincorporated areas like Boiling Springs and Campobello, where many residents have said uncontrolled growth has brought traffic headaches.

Some residents said they want to see what's in the plan before outright supporting it.

"If you surveyed citizens of this county today, most would say that development is out of control," said Sally Rock of Campobello. "Will the proposed zoning be a political path to more rapid development? How do citizens in the southwest corner feel zoning is working there?"

Southwest zoning plan moves forwardZoning plan for southwest corridor approved

Spartanburg County's Southwest Performance Plan is modeled after Lexington County's plan, Holliday said.

The 160-page Southwest Performance Zoning Plan covers a large area from Greer to Woodruff, where most of the current industrial and residential growth is occurring.

At first, county officials anticipated expanding the zoning to four other areas, piece by piece, but have now decided to simply expand the Southwest Plan countywide.

If enacted countywide, it would replace the county's 22-year-old Unified Land Management Ordinance (ULMO) that has regulated development with rules such as buffers, height, landscaping and setbacks.

Over time, the ULMO has been criticized by many residents as too weak to protect against sprawl and address infrastructure needs such as roads, before growth happens.

Two years ago, County Councilman Bob Walker cited an example, saying the ULMO would not prevent an RV park planned on Landrum Mill Road in northern Spartanburg County that residents have opposed, but performance zoning might require the developer to find another site.

Performance zoning, on the other hand, is loaded with what uses are allowed in certain areas. It classifies roads from most traveled to least traveled: arterial (heavily traveled); collector; local; limited local; restrictive local; and residential local.

The greater the traffic volume on a road, the more uses that are permitted, such as schools, daycare centers, hospitals, flea markets, retail stores and manufacturing facilities.

Highway 101 is an example of a major arterial road with the highest classification.

The zoning also includes restrictive districts by protecting rural areas and guiding development toward population centers.

Former County Councilman Roger Nutt, who headed up the process of drafting the Southwest Plan, said the plan preserves property rights – a major concern at the outset of planning.

Public input will be sought on zoning plan

Holliday said meetings will be held with council members and planning commission members in February and March, followed by "stakeholder engagement" from April to August.

Planners will then seek public input from July to September, with a planning commission review in September, and finally three readings of the ordinance by county council in September, October and November.

Details of where and when public meetings will be held have not been finalized.

Residents react to zoning effort

Campobello-area residents critical of uncontrolled growth said the plan is long needed.

"I was a big proponent of performance zoning," said Jeffrey A. Horton Jr., a resident of northern Spartanburg County. "I feel it's the only way to regulate growth and preserve rural areas of my district.

"It's not necessarily meant to stifle growth, but guide it where it can become viable and manageable. People are jaded with traffic, state of our roads and over-congestion this population growth has produced, yet no one is actively addressing these issues."

Lou Nespecca of Campobello said he hopes the plan provides grandfather provisions to exempt some current uses.

"I would find it hard to tell someone who has done something for 25 years it is now illegal," he said. "I would like to know the push behind this agenda. Do they now want to over-develop other areas of the county and plan to force people out of their current situation? What happens if the pig farm was there first, and houses start to pop up around it?."

Rock, one of many northern Spartanburg County residents who oppose a planned RV park near Landrum, said she hopes the county is sincere in taking public input into account.

Opponents of the RV park were upset after the Planning Commission gave conditional approval to the RV park in March 2021. Opponents said they were not notified ahead of time. County officials said the park plan was on the Planning Commission's agenda and properly posted on its website a week before the meeting.

"This county has a track record of not welcoming citizen input and ignoring citizens' concerns when it comes to development and a vision for the future," she said. "Folks feel they have zero voice in local government land use planning. If you surveyed citizens of this county today, most would say that development is out of control."

Nathan Williams, a third-generation farmer on Highway 357 in Campobello, said the influx of housing developments is causing streams to flood more often and destroy topsoil needed for crops. He's also seen more traffic on narrow roads, making it impossible at times for his combine – a machine to harvest grain crops – to get to fields without the use of an escort.

He said he hopes the zoning plan will preserve farmland and steer growth to population centers.

"I don't know the solution," the 60-year-old farmer said. "I'm just concerned that in our future, we're not going to have anything left to farm."

Mike Brady of Boiling Springs has often been critical of the lack of county planning in Boiling Springs, where commercial growth branching out from the Highway 9 corridor has prompted many discussions about whether Boiling Springs should be incorporated with its own laws.

"The county has always held the opinion that zoning is the answer, but look in areas that have zoning regulations like Greenville County. I don't see it has worked very well there," he said. "Council holds the opinion that I am anti-growth, I am not. I'm for the county doing its job of planning areas for the benefit of the communities the growth will impact.

"Roads are a prime example of the tail wagging the dog. Let development come in unplanned, congest an area, and then try to address the problem on the back end. Old-timers like myself are looking at leaving the communities we have loved and worked in for a lifetime because of the issues lack of planning has created."

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