With 30 years in the industry

Mortgage Broker in Brevard County, FL

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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 Brevard County, FL, who can educate you on mortgage rates and provide trustworthy guidance to help you make an informed decision.

My name is Dan Crance - Brevard County'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 Brevard County, 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 Brevard County, FL
 Refinance Brevard County, FL

Why Choose Dan Crance As Your Mortgage Lender in Brevard County, FL?

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 Brevard County, FL

Home Financing in Brevard County, FL

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 Brevard County, 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 Brevard County, Dan Crance will help you choose the home loan, interest rate, term options, and payment plans that fit your unique situation.

 FHA Mortgages Brevard County, FL

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 Brevard County, FL.

Refinancing in
Brevard County, FL

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 Brevard County, FL - 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 Brevard County, FL
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 Brevard County, FL

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 Brevard County, FL, 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 Brevard County 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 Brevard County, FL

Trust Dan Crance

Your Mortgage Lender in Brevard County, FL

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 Brevard County loves Classic Home Mortgage.

After hours by appointment only. CONTACT DAN

Latest News in Brevard County, FL

Is Dave & Buster's coming to Viera? Permit filed for a business sign

Is Dave & Buster's coming to Viera?Permit records indicate the restaurant and entertainment giant may have its eyes set on Brevard County.A permit was filed in October with Brevard County seeking a proposed Dave & Buster’s sign at Napolo Drive in Viera, with attached information stating Bromley Drive as the site location. The document al...

Is Dave & Buster's coming to Viera?

Permit records indicate the restaurant and entertainment giant may have its eyes set on Brevard County.

A permit was filed in October with Brevard County seeking a proposed Dave & Buster’s sign at Napolo Drive in Viera, with attached information stating Bromley Drive as the site location. The document also states the intention to apply for a food and alcoholic beverage license for the proposed entertainment center that will include a full-service restaurant, arcade gaming and billiard tables.

No other permits appear to have been filed.

This comes amid growing development in this area, including the recent county approval of a permit for popular entertainment enterprise Topgolf.

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Representatives of Dave & Buster's could not be reached for comment. A Viera Company spokeswoman said she had no additional information. Brevard County planning and development also said they could not provide any additional information.

More:Get ready to shop! We're excited about these 8 retail spaces coming soon to Brevard

What is Dave & Buster's?

Dave & Buster's is a full-service restaurant with arcade gaming, billiard tables and other gaming experiences. Known to be family-friendly, they also have an array of televisions to watch sporting events, as well as a bar and restaurant service.

The company describes their concept as: "Dave & Buster's has a broad demographic appeal, serving as an attractive entertainment value for fun-seeking, casual-plus dining customers who enjoy spending time with friends and family."

With over 170 locations, including 10 in Florida, the closest one Dave & Buster's to Brevard is located at 8986 International Drive, Orlando.

More:What is Topgolf, that company planning to build $28 million golf attraction in Viera?

What other venues are in that Viera area?

Currently, Walk-On's Sports Bistreaux is located on Napolo Dr., serving Louisiana classics, burgers, sandwiches and wraps. It also features a full-service bar and game day entertainment.

Buffalo Wild Wings resides nearby at 7191 Lake Andrew Dr., and features a sports theme, beer, wings and more.

Close to this proposed site, Topgolf is looking to build a $28 million golfing and entertainment center in Viera. That project would be located near The Avenue Viera's movie theater and is situated on the north end of Bromley Drive.

Nordstrom Rack is also looking to make The Avenue Viera its first ever Brevard location, and Whole Foods has a planned opening for 2025 on Viera Blvd.

Amber Olesen is FLORIDA TODAY's food and dining reporter. Reach her at aolesen@floridatoday.com.

Brevard Cultural Alliance seeks $202,000 contract renewal with Brevard County for 2024-25

The Brevard Cultural Alliance will be coming to the County Commission Tuesday, seeking approval of a $202,000 contract for 2024-25 to help promote arts in the county.The proposed contract has the same dollar amount as BCA's contract with the county for the 2023-24 budget year, which ended Sept. 30.Funding would...

The Brevard Cultural Alliance will be coming to the County Commission Tuesday, seeking approval of a $202,000 contract for 2024-25 to help promote arts in the county.

The proposed contract has the same dollar amount as BCA's contract with the county for the 2023-24 budget year, which ended Sept. 30.

Funding would come from money generated by Brevard County's 5% tourist development tax on hotel room rentals, vacation rentals and other short-term rentals.

The request comes at a time when the County Commission has sometimes balked at funding for the arts. The commission, for example, in November unanimously voted to table proposed recommended county-funded marketing support for 44 major events, arts and cultural organizations and events, and sports events, under a revamped grant program.

Those grants — which totaled $805,000 — had been recommended by the Brevard County Tourist Development Council.

The County Commission instead delayed its vote until after it holds a workshop in January about the guidelines to qualify for the grants. The County Commission previously had approved those guidelines.

Role of Brevard Cultural Alliance

As the designated local arts agency for Brevard County, the Brevard Cultural Alliance aims to ensure thecurrent and ongoing growth of art and culture through its mission to build and sustain a vibrantand dynamic arts and cultural sector integral to Brevard County’s quality of life.

"The arts enlighten our lives with beauty, emotion and understanding," Brevard Cultural Alliance Executive Director Catherine Esrock said, in a recent presentation to the Tourist Development Council, an advisory board to the County Commission.

Esrock the arts "cultivate a sense of identity and belonging. They foster creativity and innovation, and promote social interaction, all necessary to a vibrant region, attracting investment from visitors, residents and industry. With Brevard Cultural Alliance as a beacon, we can ensure continued cultural arts and cultural vibrancy in Brevard County. Together, we shine brighter and ensure that tomorrow does launch here."

BCA's proposed contract with the county notes that "art is an essential element to a thriving community. With the arts generating over $123 million annually and employing more than 1,500 individuals, BCA works to fuel our arts-powered economy. Recognizing the influence of the arts on our lives and collective health, we support the well-being of our artists and audiences; develop our arts ecosystem; and advance arts education, forming the next generations of innovators and creatives."

Proposed projects for coming year

Among the BCA's projects, detailed by Esrock in the organization's proposal to the County Commission, are:

Esrock said BCA also plans to work with the five county commissioners to develop new arts and culture projects in each of their districts, as well as to find ways to help support smaller arts organizations that might not be able to qualify for state or county grants.

In addition, the BCA plans to work on providing a fine-arts component to the Palm Bay Recreation Department's 2025 multicultural festival.

The County Commission agenda item noted that the BCA "is important to the ability of Brevard County to promote tourism."

The BCA has a staff or four — two full-timers and two part-timers — and a total budget of $365,725.

Support from Tourist Development Council

The Tourist Development Council on Nov. 13 voted unanimously to recommend that the County Commission approve the $202,000 in funding for the BCA for the current budget year.

Tourist Development Council member Julie Braga, a hotel general manager, said it's important to support the arts sector, both to attract visitors to the Space Coast and to give them reasons to stay in the area longer through cultural programming.

Hotel owner and Tourist Development Council Vice Chair Tom Hermansen said the BCA offers the community great programming, and has been "doing great work for many, many years," adding: "We should have more of this."

But Hermansen indicated to other Tourist Development Council members that "there's headwinds at the board level — the County Commission board — with respect to funding cultural grant and cultural funding in general, as we all are aware of."

Some of those concerns about arts funding initially were triggered by then-Florida Rep. Randy Fine, who questioned why the County Commission was awarding a $15,000 cultural grant to the LGBTQ+ organization Space Coast Pride for its 2024 Pridefest event in downtown Melbourne. Fine objected to the inclusion of a drag-queen story time program in some previous Pridefests. It was not part of the 2024 event.

Space Coast Pride received its grant for the 2024 event. But, because of stricter guidelines implemented for tourism marketing grants for the 2024-25 cycle, the organization no longer qualifies for a grant.

Dave Berman is business editor at FLORIDA TODAY. Contact Berman at dberman@floridatoday.com, on X at @bydaveberman and on Facebook at www.facebook.com/dave.berman.54

Downtown Produce joins list of small markets closing in Brevard but other grocers remain

With Downtown Produce Market and More announcing plans to permanently close at the end of this month so ...

With Downtown Produce Market and More announcing plans to permanently close at the end of this month so the owners can enjoy retirement, many in Brevard began lamenting other grocery closures over the years.

Readers took to FLORIDA TODAY's Facebook page, 321 Flavor: Where Brevard Eats to discuss the closure of the beloved market, and reminisce about other favorite small markets that are sorely missed.

Petty's Meat Market

After more than four decades in Brevard County, the Pettigrews sold both Petty's Meat Market locations. The Suntree location closed in 2019, while the Babcock Street location changed owners, but later closed in 2022.

Both stores were known for their high-quality meats, cheeses, prepared meals, wine tastings and free beer while you shopped.

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Green Turtle Market

This beachside market specialized in gourmet to-go foods, prime meats, fresh seafood and fine wines. Green Turtle Market closed earlier this year. Tim Dwight and Ercan Ekinci were the original owners, dating to 2000. In 2019, Ekinci sold his portion and went on to open Urban Prime Marketplace + Restaurant in Viera. Dwight retired in January 2022.

Evans Community Market

After five years, Evans Community Market closed in 2023. The full-service market provided fresh produce, groceries and hot deli food. The market came to fruition to serve the needs of low- and moderate-income neighborhoods near Florida Ave. in Palm Bay.

Lucky's Market

After Winn-Dixie closed in 2015 on W. New Haven Ave., in Melbourne, the Colorado-based Lucky's Market invested roughly $3 million in interior and exterior renovations, only to close in February 2020. Between the beer tasting and the bacon, the store was an experience and many in Brevard still mourn its closure.

Soon —Downtown Produce Market and More

Downtown Produce's owners announced that the popular market and grocery store on Ellis Road will close its doors on Dec. 31. Providing groceries, fresh prepared foods, baked goods, imported cheese and olives, specialty beers, wine, and more, Downtown Produce filled a niche in Melbourne since 1982. The owners said they plan to retire.

Shoppers mourn closure of local markets

When asked "what will you miss and why do you like to shop at local markets," 321 Flavor: Where Brevard Eats readers had plenty to say.

Erica Good wrote, "Why I shop local — they generally care more about their employees and their customers. These small businesses work to have a dream to open this business that they take pride in."

"With independent stores —the employees, owners and management become like friends. You smile walking in — knowing you will be greeted with a friendly hello. You see firsthand what the money you're spending is going towards. The sense of community is real when shopping local," wrote Sherri Beshelli.

Carol Bowlby wrote, "Sad we will lose another icon of a store ... We will miss our meats, salsa, veggies and their yummy premade food."

Independent markets still thrive in Brevard

But all is not lost for Brevard shoppers who want to spend their money at independent markets. Here are some that remain available on the Space Coast:

Amber Olesen is FLORIDA TODAY's food and dining reporter. Reach her at aolesen@floridatoday.com

Local company ranks among the best places to work in the country. You might work there

Brevard County is home to one of the country best companies to work for, according to a new study.U.S. News & World Report ranks the companies by factors such as quality of pay, benefits and professional development. According to them...

Brevard County is home to one of the country best companies to work for, according to a new study.

U.S. News & World Report ranks the companies by factors such as quality of pay, benefits and professional development. According to them L3Harris, which is one of Brevard’s largest employers, is among the best places to work.

"’Best’ is a subjective term relative to career satisfaction, and there are many aspects that factor into someone’s decision to apply for a job with any given company,” the report stated. “But there are some universally desired factors that can contribute to a good workplace, such as quality pay, good work/life balance, and opportunities for professional development and advancement. Characteristics like these, which reflect what employees look for in companies today, were used in evaluating employers for the Best Companies to Work For list.”

Why was L3Harris selected as one of the best places to work?

L3Harris received a 5 out of 5 for “quality of pay” and “stability.”

Headquartered in Melbourne, the company received a ranking of 3/5 in “work life balance,” “comfort,” “belonginess” and “professional development.”

What is L3Harris?

L3Harris Technologies describes itself as an “agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. The company provides advanced defense and commercial technologies across air, land, sea, space and cyber domains.”

It has more than $19 billion in annual revenue and 48,000 employees, with customers in more than 100 countries.

What other Florida companies made the list?

Some of the others were:

Spitzer is a trending reporter. She can be reached at MSpitzer@Floridatoday.com.

Get ready to shop! We're excited about these 8 retail spaces coming soon to Brevard

The retail footprint in Brevard County is expanding.A slew of new businesses are expected to open on the Space Coast in 2025, with many of them in the booming area of Viera. From spas to grocery stores to clothing stores, there will be plenty of shopping options.Now, this doesn’t include a bunch of new restaurants also opening in Brevard in 2025. That’s a whole different discussion....

The retail footprint in Brevard County is expanding.

A slew of new businesses are expected to open on the Space Coast in 2025, with many of them in the booming area of Viera. From spas to grocery stores to clothing stores, there will be plenty of shopping options.

Now, this doesn’t include a bunch of new restaurants also opening in Brevard in 2025. That’s a whole different discussion.

On the way

Here are some retail places we’re excited for in the new year:

Southern Tide: The apparel store known for its southern charm and coastal lifestyle will open in The Avenue Viera.

Air & Anchor: Also opening in The Avenue Viera is this jewelry store that blends vintage craftsmanship with a modern design.

Nordstrom Rack: This will be the first Brevard location for the retailer that sells on-trend apparel, accessories, beauty products, home de?cor and more at up to 70 percent off. It will be located in The Avenue Viera.

Whole Foods Market: The 43,164-square-foot grocery store will be located on Viera Blvd., just east of Interstate 95. It was originally scheduled to open in 2024, but delays pushed that back. An opening date hasn’t been announced, but it’s looking like it will be sometime in 2025.

Hand & Stone Spa and Facial Massage: The spa will open its third location in Brevard County in The Crossings at Viera, located on Viera Blvd. east of Interstate 95.

Venetian Nail Spa: This also will open in The Crossings at Viera.

Spouts Farmers Market: The “healthy grocery, organic food and supplement store,” is opening in the new Pineda Commons. It’s located on Wickham Road just south of Pineda Causeway.

EOS Fitness: The gym that prides itself as a better gym at better prices, will open its first Brevard County location. This also will located in the new Pineda Commons plaza.

Spitzer is a Trending Reporter. She can be reached at MSpitzer@Floridatoday.com.

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