With 30 years in the industry

Mortgage Broker in Cane Bay, SC

Ask us Anything843-478-5612

Quick Quote

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 Cane Bay, SC, who can educate you on mortgage rates and provide trustworthy guidance to help you make an informed decision.

My name is Dan Crance - Cane Bay'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 Cane Bay, 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 Cane Bay, SC
 Refinance Cane Bay, SC

Why Choose Dan Crance As Your Mortgage Lender in Cane Bay, 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 Cane Bay, SC

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

 FHA Mortgages Cane Bay, 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 Cane Bay, SC.

Refinancing in
Cane Bay, 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 Cane Bay, 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 Cane Bay, 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 Cane Bay, 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 Cane Bay, 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 Cane Bay 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 Cane Bay, SC

Trust Dan Crance

Your Mortgage Lender in Cane Bay, 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 Cane Bay loves Classic Home Mortgage.

After hours by appointment only. CONTACT DAN

Latest News in Cane Bay, SC

ROUNDUP: Berkeley County wins Tri-County Meet of Champions

Track and field athletes from the Berkeley County School District amassed 530 points to win the Tri-County Meet of Champions against Charleston County (521.5) and Dorchester County (352.5) on April 27 at Cane Bay High School.Here are the winners from Berkeley County:Girls100 meters – NaJhyrai Watson, PS, 12.04400 meters – Kaitlyn Rivers, CB, 1:00.14100 hurdles – Jayla Palmer, B, 15.53400 hurdles – Alisa Haase, CB, 1:07.324x100 relay – Philip Simmo...

Track and field athletes from the Berkeley County School District amassed 530 points to win the Tri-County Meet of Champions against Charleston County (521.5) and Dorchester County (352.5) on April 27 at Cane Bay High School.

Here are the winners from Berkeley County:

Girls

100 meters – NaJhyrai Watson, PS, 12.04

400 meters – Kaitlyn Rivers, CB, 1:00.14

100 hurdles – Jayla Palmer, B, 15.53

400 hurdles – Alisa Haase, CB, 1:07.32

4x100 relay – Philip Simmons, 49.20

4x400 relay – Cane Bay, 4:07.97

4x800 relay – Philip Simmons, 10:12.98

Triple jump – Alaina Nettles, CB, 36-09.50

Discus – Kayshrion Guillory, S, 119-02

Shot put – Dannielle Brown, S, 37-11

Boys

400 meters – Jayvion Johnson, CB, 48.63

800 meters – Tobious Glover, GC, 2:02.63

110 hurdles – Jaylen Boudreaux, CB, 14.29

4x100 relay – Cane Bay, 42.10

4x400 relay – Cane Bay, 3:23.60

Shot put – Demarco Gadsden, B, 50-08

SOFTBALL

Timberland High School’s softball team opens the Class AA playoffs on May 4.

The top-seeded Wolves host fourth-seeded Edisto in the Lower State District 7 tournament. A second-round game on May 6 will be against either second-seeded Barnwell or fourth-seeded Kingstree.

May 9 and 11 are the other play dates in the district tournament.

The district winner advances to the Lower State final four, set for May 13-20.

FOOTBALL

Carolina Spartans 20,

Union County Hornets 6

Quarterback Tremez Brown tossed a pair of touchdown passes and the visiting Carolina Spartans defense forced four turnovers in a 20-6 victory against the Union County Hornets on April 30 in a semi-pro football game.

The Spartans, who play home games at the former Garrett Academy in North Charleston, finish the regular season 7-1 and will host a playoff game on May 21. The Spartans are the South Carolina Division winners.

Union County scored on a long run on the first play from scrimmage but failed to find the end zone again. Brown’s touchdown passes to Torrest Richardson and Sean White gave the Spartans a 13-6 halftime advantage.

In the second half, Spartans quarterback Gary Brown connected with receiver Adrian Anderson on a screen pass for a touchdown. Tony Little, Tylan Williams and Justin Paul all had interceptions for the Spartans.

Roundup: Cane Bay boys’ best-ever season comes to an end

The curtains came down on the best basketball season for the Cane Bay boys’ program in school history on Feb. 18.The Cobras fell to visiting Lexington High School, 51-44, in the second round of the Class AAAAA playoffs to cap the season with a 21-7 overall record, including a 7-1 mark against Region 7-AAAAA foes that captured the program’s first region championship under first-year coach Shawn McKeen.The game was the final one for a number of Cane Bay seniors, including all-region guards Rob McLeod, Christian Smith ...

The curtains came down on the best basketball season for the Cane Bay boys’ program in school history on Feb. 18.

The Cobras fell to visiting Lexington High School, 51-44, in the second round of the Class AAAAA playoffs to cap the season with a 21-7 overall record, including a 7-1 mark against Region 7-AAAAA foes that captured the program’s first region championship under first-year coach Shawn McKeen.

The game was the final one for a number of Cane Bay seniors, including all-region guards Rob McLeod, Christian Smith and Xavier Adams. McLeod and Smith were first-team picks and Smith a second-team selection.

McLeod reeled in region player of the year honors after averaging 12.6 points, 4.4 rebounds and 5.8 steals. Smith and Adams contributed 8.3 points and 7.1 points, respectively.

Other seniors are forward CJ Shaffer, forward Aaron Hardy, guard Jabarie Green and forward Darren Jean-Francois.

Junior guard Jordyn McKeen averaged 10 points per game.

Against Lexington, Cane Bay trailed 27-26 before the Wildcats went on a 12-0 run that began late in the third quarter. The Cobras pulled within 44-41 on a bucket by McLeod with under two minutes left but couldn’t make up any more ground.

Before falling to Lexington, Cane Bay won its first-ever playoff game against visiting Ashley Ridge, 62-50. Adams led the way with 17 points. McLeod and McKeen contributed 14 and 10 points.

Stags fall in opening round

The Berkeley boys basketball team ended the season in the opening round of the Class AAAAA playoffs with a 64-46 loss at Fort Dorchester on Feb. 16.

The Stags finished 2-17 after placing fourth in Region 7-AAAAA.

Two Berkeley players earned second-team all-region honors, both senior guards. Leading scorer Damon Brown (9.6 ppg) and Kaden Gamble (7.1 ppg) are among the group moving on.

Junior guard Troy Reid (7.9 ppg), junior forward Monterio McNeil (7.2 ppg) and junior guard Dawson Dubose (5.8 ppg) can all return next season.

The Berkeley girls lost to Summerville, 59-31, in the opening round. The Stags finished 7-14.

Cross teams end season

The Cross High School girls basketball team ended the season in the second round of the Class A playoffs, falling at Lake View, 71-42, on Feb. 18.

The Lady Trojans (15-8) advanced two days earlier with a victory against Scott’s Branch.

In that game, Nadia President led with 16 points, five assists and five rebounds. Lauren Middleton added 10 points, five rebounds and three assists. Taia Gattis chipped in 14 points, nine rebounds and five blocks. Diamonique Nelson contributed 11 points.

The Cross boys finished up 10-13 following a first-round loss at Southside Christian, 47-32.

Cane Bay boys primed for playoff run after early-season wake-up call

A loss in its region opener was a blessing in disguise for the Cane Bay High School boys basketball team. At least that’s how Cobras coach Shawn McKeen sees it.McKeen’s team crumbled late to fall in the final minute to visiting Wando High School, 55-54, on Jan. 11. It was a bit of a wake-up call.“We led the whole way but we made some mistakes down the stretch we don’t normally make,” he said. “I felt it was a case of losing the game more than Wando winning. We emphasized fixing the mistakes w...

A loss in its region opener was a blessing in disguise for the Cane Bay High School boys basketball team. At least that’s how Cobras coach Shawn McKeen sees it.

McKeen’s team crumbled late to fall in the final minute to visiting Wando High School, 55-54, on Jan. 11. It was a bit of a wake-up call.

“We led the whole way but we made some mistakes down the stretch we don’t normally make,” he said. “I felt it was a case of losing the game more than Wando winning. We emphasized fixing the mistakes we made. It was a learning moment. That motivated our kids.”

The Cobras (20-6 overall, 7-1 in Region 7-AAAAA) haven’t lost since and enter the playoffs on Feb. 16 as winners of eight straight games, including a 60-43 victory against Wando.

“We sat in the locker room that night (after losing to Wando) and said 7-1 will win us this region,” McKeen said. “That loss brought them down a little bit. They realized the importance of every single possession.”

Cane Bay’s victory over Berkeley on Feb. 9 was the 12th in 13 games.

The Cobras, ranked seventh by the S.C. Basketball Coaches Association, captured the first region championship in the program’s history and gave Cane Bay a clean sweep of all three region titles in winter sports.

the wrestling and girls basketball teams also reigned supreme.

Cane Bay’s first Class AAAAA playoff opponent is the fourth-place team from Region 8-AAAAA. A second-round game on Feb. 18 would be against the Region 5-AAAAA runner-up or Region 6-AAAAA third-place team.

“I think we’ll continue with the sense of urgency,” McKeen said. “I think we play better with our back against the wall. They don’t want to lose. If you lose, you’re going home. Our seniors know the importance of each game.”

Senior Rob McLeod (12.6 points per game) and junior guard Jordyn McKeen (10.1 ppg) pace the Cobras in scoring.

“One of our goals this season was to have a smothering defense,” McKeen said. “I feel like we have some offense but we don’t have that one person who scores 20 or 30 points and the others score two points. I wanted to work more on stopping teams. If you can stop teams and score, you’re going to be in every game.”

Cane Bay area of Berkeley County welcomes new charter school

SUMMERVILLE — Another option is being added to the growing school choice model in Berkeley County.On Aug. 12, officials with the new Berkeley Preparatory Academy welcomed Gov. Henry McMaster, parents and other state and local education representatives as they celebrated the site’s grand opening.The K-6 grade school is located off Black Tom Road in the growing Cane Bay Plantation area and is Berkeley County’s second Charter Schools USA offering. The other is the Mevers School of Excellence in Goose Creek....

SUMMERVILLE — Another option is being added to the growing school choice model in Berkeley County.

On Aug. 12, officials with the new Berkeley Preparatory Academy welcomed Gov. Henry McMaster, parents and other state and local education representatives as they celebrated the site’s grand opening.

The K-6 grade school is located off Black Tom Road in the growing Cane Bay Plantation area and is Berkeley County’s second Charter Schools USA offering. The other is the Mevers School of Excellence in Goose Creek.

During the ribbon cutting ceremony at the new academy, Stewart Weinberg, president of the Berkeley Charter Education Association, said that some would assume a pandemic probably wasn’t the best time to open a new school.

“I would say this is exactly when we should be doing innovation,” he said.

About 750 students are registered to attend when classes begin Aug. 16.

In addition to a new state-of-the art one-story academic space, the school will follow a community based model. In each grade level, teachers will share a common learning space. From there, students will be placed in specific classes based on individualized need.

The goal of sharing the learning space, or creating a grade-level community, is to promote collaboration. Parents of special education students will also have the opportunity to join the school’s nontraditional program.

“I can’t tell you how supportive our parent-teacher community has been,” said Jessica Brown, special education director for Berkeley Preparatory Academy and the state.

It’s a model McMaster commended the institution on for its innovation.

“We want these children to be asking questions,” he said.

During a speech celebrating the school’s completion, McMaster emphasized the need to invest in education in South Carolina to support its growth and innovation, which help attract different companies to the state is the people.

“Our duty is to make sure that they’re educated,” he said.

Officials also highlighted the growth of charter schools in South Carolina. Around four years ago, they said, the Charter Institute at Erskine was just an idea. It has since grown to 26 schools and 25,000 students across the state.

William Roach, the state director for Charter Schools USA, will serve as the founding principal of the Berkeley Preparatory Academy. Mary Matney will join him as assistant principal.

“We’re just excited about the community,” Roach said.

Prior to the Aug. 12 ceremony, he said they had hosted community events to allow future students and parents to be comfortable with him before the first day of school.

“So it’s not as scary,” he said.

With Berkeley County being one of the fastest growing counties in the state, school officials are also hoping that local infrastructure can keep up with the community’s growth.

Christopher and Rachel Smith have two children who will attend Berkeley Preparatory Academy this year. They were one of the first families to sign up for the new school.

Their motivation was the nontraditional school model. Their son RJ and daughter Charity both attended Mevers last year, so they are familiar with charter schools. They decided to transfer them to the new academy since it was closer to their home.

“To say that we’re excited is a gross understatement,” Christopher said.

Cane Bay girls claim Region 7-AAAAA title

The Cane Bay High School girls basketball team has accomplished a number of firsts for the program this season.It added to that list on Feb. 1.Senior forward Jasmine Jenkins poured in a game-high 29 points and junior guard Alaina Nettles added 20 points as Cane Bay pulled away in the second half for a 60-45 victory at Stratford that wrapped up the Cobras’ first-ever region title with two league games to play.The Cobras, ranked seventh by the S.C. Basketball Coaches Association, open up the Class AAAAA playoffs at h...

The Cane Bay High School girls basketball team has accomplished a number of firsts for the program this season.

It added to that list on Feb. 1.

Senior forward Jasmine Jenkins poured in a game-high 29 points and junior guard Alaina Nettles added 20 points as Cane Bay pulled away in the second half for a 60-45 victory at Stratford that wrapped up the Cobras’ first-ever region title with two league games to play.

The Cobras, ranked seventh by the S.C. Basketball Coaches Association, open up the Class AAAAA playoffs at home on Feb. 17 as the No. 1 seed from Region 7-AAAAA. Their previous best was a runner-up finish as a Class AAAA school in 2013-14.

“It’s been so unbelievable,” Cane Bay coach Ira Owens said. “They’ve put in all the work to be the best they can be offensively and defensively. This group has excelled at everything.”

Cane Bay, which opened in 2008, improved to 19-3 overall and 6-0 against region foes. The Cobras host the fourth-place team from Region 8-AAAAA in their postseason opener.

A large contingent of Cobras fans made the trip to Stratford to see Cane Bay make history.

“The support we had was unbelievable,” Owens said. “They knew what was on the line. The intensity started up before the game. We went on a run and started to feed off that.”

Ta’Liya Griffin led Stratford with 12 points while Yasmine Cook and Kaleyia Brown chipped in nine points each.

Stratford (15-6, 3-2 region) was within 30-27 at the break but Cane Bay scored the first seven points of the third quarter to get some breathing room. Jenkins swished a 3-pointer from the corner and Lauren Thomas banked one in from the top of the key to spark a strong third quarter for the Cobras.

Nettles scored on a driving layup with 3:05 remaining in the period as the lead swelled to 42-29.

“They didn’t let the moment get too big for them,” Owens said. “They played the same game they’ve played all year. I can’t be more proud of them.”

Timberland 68,

Lake Marion 30

Dasani Kinlaw scored 17 points to lead four players in double figures as Timberland’s girls rolled past Lake Marion on Feb. 1.

Amari Johnson finished with 15 points, Amiyah Ferguson 12 points and Makayla Watkins 11 points. Johnson grabbed 12 rebounds and Ferguson dished nine assists.

Disclaimer:

This website publishes news articles that contain copyrighted material whose use has not been specifically authorized by the copyright owner. The non-commercial use of these news articles for the purposes of local news reporting constitutes "Fair Use" of the copyrighted materials as provided for in Section 107 of the US Copyright Law.