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Mortgage Broker in Cane Bay, 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 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

Cane Bay residents frustrated over spotty mail delivery

BERKELEY COUNTY, S.C. (WCBD) – A family living in one Berkeley County community said they have not been receiving their mail on a regular basis, even after contacting postal officials. That’s when they reached out to News 2’s Raymond Owens.“We moved here about a year and a half ago and over the past year or so we have had problems with sporadic mail delivery,” said Cane Bay resident Tim Jacintho. “It doesn’t show up when it’s supposed to; it now has gotten to where we’re getting ma...

BERKELEY COUNTY, S.C. (WCBD) – A family living in one Berkeley County community said they have not been receiving their mail on a regular basis, even after contacting postal officials. That’s when they reached out to News 2’s Raymond Owens.

“We moved here about a year and a half ago and over the past year or so we have had problems with sporadic mail delivery,” said Cane Bay resident Tim Jacintho. “It doesn’t show up when it’s supposed to; it now has gotten to where we’re getting mail maybe two or three days a week.”

He said a lot of people depend on the mail for prescription medications, Social Security checks, and other items. He said everyone is frustrated with the situation.

Jacintho said he and other Cane Bay residents have reached out to the Summerville Post Office with their concerns.

“She’s been telling me what’s going on- they’ve had a lot of turnover with contractors, and they’re shorthanded. She said that the growth in the Cane Bay/Nexton area, which they serve, has put too much stress on the post office. They don’t have the staff or the facility to handle it.”

He contacted Congressman Nancy Mace’s office, and his state representative and state senator. He has not heard back from them. He said Berkeley County Supervisor Johnny Cribb returned his message.

“He, like, within a few hours, and said no thanks for reporting it. He said he can’t really do anything. It’s at the federal level.

Finally, he reached out to News 2 for help.

“I reached out to you because certainly I’m frustrated with the situation here and I know that my fellow neighbors and residents are also very frustrated,” he said.

News 2’s Raymond Owens called Congresswoman Mace’s office. Their office called Jacintho back and told him they would look into the problem.

We also called the postal service – their spokeswoman said she is researching the issue to learn more and will get back to us. They later provided the following response:

“The Postal Service appreciates its customers and always strives to provide the best possible service. We apologize for any inconvenience that may have been experienced by customers living in the Cane Bay and Nexton communities. Local management is currently working with all stakeholders to ensure any delivery concerns are resolved. We can confirm the Summerville Post Office, like many businesses, is experiencing staffing challenges; however, through successful hiring efforts we have increased our workforce significantly. The Postal Service will continue flexing our available resources to match the workload, in addition to hosting more hiring events until all positions are filled. Interested applicants should log on to http://usps.com/careers frequently to check for new postings. We appreciate the patience of our customers and the efforts of employees as conditions change on a day-to-day basis. We urge any customers with concerns or questions about their mail delivery service to contact their local Post Office, so that we can look into and resolve their concerns promptly. Customers may also visit our website at www.usps.com/help.”

News 2 will continue following this story and bring you updates as we learn more.

Zehr counting on veteran backfield to shoulder the load at Cane Bay

Cane Bay head football coach Russell Zehr is counting heavily on a veteran backfield to lead the way for the 2023 Cobras.Of course, the success of the backs depends on the play up front and Zehr is hoping his offensive line can grow up quickly. The Cobras are a run-oriented team offensively and that ground game can only be productive if all cylinders are clicking.“We have good experience and good talent at the skill positions, particularly in the backfield,” says Zehr, entering his 13th season as the head coach. &ld...

Cane Bay head football coach Russell Zehr is counting heavily on a veteran backfield to lead the way for the 2023 Cobras.

Of course, the success of the backs depends on the play up front and Zehr is hoping his offensive line can grow up quickly. The Cobras are a run-oriented team offensively and that ground game can only be productive if all cylinders are clicking.

“We have good experience and good talent at the skill positions, particularly in the backfield,” says Zehr, entering his 13th season as the head coach. “That’s probably our biggest strength. We have some guys who have played a lot and they are comfortable in our system.

“But, we only have two starters back along the line and, to be honest, we still have three question marks there. I hope they can grow and come together. If they can, we will be a good offensive team. Just not there yet.”

Cane Bay’s leadership along the front comes from returning seniors Andrew Tumbleton at tackle and center Jayden Ferguson. Both will be third-year starters.

Senior Mark Stewart is the starting quarterback. Stewart was the backup for most of last season but started the last four games in place of the injured starter.

“He gained a lot of experience last season and he is ready to lead us as the full-time guy,” Zehr said.

Senior Langston Rhodes is a returning starter at fullback, having topped 500 yards last season. Senior DeShawn Tompkins and junior Brycen Johnson are returning wing backs. Both were starters a year ago.

Leading the receiving corps is senior Braylen Green, a receiver/tight end threat. Junior Qua’Shawn Pelzer and sophomore Colby Larocca also factor into the passing game. Larocca also is getting snaps as a possible backup to Stewart.

There is less true experience on the defensive side but the unit has potential. Senior Will Coker is the lone returner along the front, but junior Joshua Frost and sophomore Garrett Andy are showing potential at end. Also working inside early on are senior Steven Heard and junior Tijeh Eaton.

Senior Parker Osborne is the most experienced linebacker, with senior Brayden Pate and sophomore Dominic Russell getting early season looks at the second level.

Corner Jonas McKeen is a veteran of the secondary, along with senior safety Keaton Cooley. Sophomore MJ Davis is showing well at the other corner.

“How quickly some of these young guys can grow up and play with confidence will determine our season,” Zehr said. “We just have a lot of question marks right now. Hopefully as we play more, the guys will become consistent for us.”

The Cobras open the season on Aug. 18 with a home game against defending Class AAA state champion Beaufort. Other non-region tilts are against Ashley Ridge, West Ashley and James Island - all on the road - and a home game against May River.

Cane Bay rallies for 8th straight win over Stratford

SUMMERVILLE — The streaks are still alive.Winning for the eighth straight time in the series, Cane Bay fought back from an eight-point deficit in the second half to clip rival Stratford, 22-17, Oct. 7 on the Cobras’ homecoming. The win was also the fourth straight this season for the Cobras (5-1, 2-0 Region 6-AAAAA).“It’s usually a fight to the end and that’s what this was,” Cane Bay coach Russell Zehr said. “They have a heck of a ball club. They did some things we weren’t ready f...

SUMMERVILLE — The streaks are still alive.

Winning for the eighth straight time in the series, Cane Bay fought back from an eight-point deficit in the second half to clip rival Stratford, 22-17, Oct. 7 on the Cobras’ homecoming. The win was also the fourth straight this season for the Cobras (5-1, 2-0 Region 6-AAAAA).

“It’s usually a fight to the end and that’s what this was,” Cane Bay coach Russell Zehr said. “They have a heck of a ball club. They did some things we weren’t ready for, but hats off to our kids and coaches for the adjustments. We got lucky and made a few plays at the end to win.”

One of the wrinkles Cane Bay had to deal with was Stratford’s regular quarterback, Jalen Barry, moving out to wide receiver. Jachin Davis, a young kid with a strong arm, saw all but one possession at quarterback for the Knights.

Davis’s second touchdown pass of the game, a 33-yarder to Barry, gave Stratford 17-9 lead with 7:54 remaining in the third quarter.

Cane Bay responded with a 70-yard scoring drive in just over four minutes. Cobras running back TJ Wright exploded through the right side on a 13-yard touchdown burst.

Stratford stuffed the 2-point conversion, though, and the Cobras had more work to do to keep their winning streaks intact.

Stratford moved inside Cane Bay’s 35 on its ensuing drive and quick-kicked on fourth and long to the Cane Bay 5 with under 11 minutes left in the game.

On third down, Cane Bay running back Bryson Johnson ripped through a hole up the middle and raced home for 89 yards and the go-ahead score. Lawson Thorn’s extra point made it 22-17 with 9:29 remaining.

Cane Bay’s defense picked off two passes on the way in, including the clincher on a fourth-and-short at Stratford’s 31 by Keaton Cooley to seal it. Defensive back Miles Singleton picked off the first one at midfield with under seven minutes left.

Stratford dropped to 1-5 overall and 0-1 in the region.

Each team made field goals on their first possessions, with Stratford’s Matt Haas making a 42-yard goal and Thorn answering on the other end with a 30-yarder in the first quarter.

Cane Bay defensive back Jordan Horlback snagged an interception and returned it 10 yards to make it 9-3 with 3:30 before halftime.

Davis responded by finding tight end Brett Marrs behind the defense along the sideline for an 80-yard touchdown just over a minute later. Haas’s extra point sent Stratford into the locker room with a 10-9 lead.

The Cobras travel to Goose Creek Oct. 14 while the Knights host Wando.

Berkeley County students train to be EMTs while in high school

BERKELEY COUNTY, S.C. (WCIV) — Students at Cane Bay High School are training to become EMTs.It's a unique opportunity for kids to graduate high school, then be ready to take their national certification to be an EMT."It can be crazy at times. It's just like the real world. I got in that ambulance and I was like, 'this is cool, but there's no way it's real.' Then I go in a ride along [with Berkeley County EMS], and it's the same thing," said Corey Schauer, a senior.RELATED: ...

BERKELEY COUNTY, S.C. (WCIV) — Students at Cane Bay High School are training to become EMTs.

It's a unique opportunity for kids to graduate high school, then be ready to take their national certification to be an EMT.

"It can be crazy at times. It's just like the real world. I got in that ambulance and I was like, 'this is cool, but there's no way it's real.' Then I go in a ride along [with Berkeley County EMS], and it's the same thing," said Corey Schauer, a senior.

RELATED: Improvements coming to U.S. 17 A/ North Main Street in Berkeley County

Corey Schauer is one of 11 students at Cane Bay High training to be an EMT.

"You learn a lot, I feel, in this class. We are not even halfway through, and I feel like I have learned more than I have in high school," said Schauer.

Seniors spend 90 minutes a day learning the ins and outs. It's everything from coursework and CPR to hands-on, real-world training.

"I love the adrenaline rush and helping people. Being able to say, 'yeah, I saved someone’s life' – that’s amazing," said senior Shelby Miyatki.

Students also get to go out on calls with Berkeley County EMS.

WCIV

Four students who graduated from the program became Berkeley County EMTs and now help train students following in their footsteps.

"Going to school here, and getting a job here. It's a pride thing I suppose. This is where I've been. I was a student, now I get to be a provider," said Garrett Fanin, Berkeley County EMT and graduate of the Cane Bay EMT program.

"You get to serve your community. I love my job like meeting new people, helping them in their worst moment, and just comforting them. It's the best feeling," said Lindsay Thigpen, another current Berkeley County EMT and graduate of the Cane Bay EMT program.

EMTs like Fanin and Thigpen prove to the students that success in EMS may only be a few months away.

"[Thigpen] was here just four years ago, and now she's graduating from paramedic school. She's very much succeeding in the world. It's awesome to think that could be me one day," said Shelby Miyatki.

When the students at Cane Bay graduate and pass the test to be an EMT, they can make around $46,000 a year right out of school.

Then, they have the opportunity to further their career in EMS or move on to another career in the medical field.

"To see them out there and successfully complete what they set their goal – they set it and reach it. It’s a proud moment for me, but I know it's exciting for them," said Miguel Lucero, EMT instructor at Cane Bay High School.

Overcrowding in Cane Bay has residents concerned for future

BERKELEY COUNTY, S.C. (WCIV) — Last Tuesday, there was a meeting within the Berkeley County School District to discuss changing attendance lines within the county because of overcrowding in the Cane Bay area.Although the measure was not voted ...

BERKELEY COUNTY, S.C. (WCIV) — Last Tuesday, there was a meeting within the Berkeley County School District to discuss changing attendance lines within the county because of overcrowding in the Cane Bay area.

Although the measure was not voted on, the problem of overcrowding remains within the area.

Last Tuesday, there was a meeting within the Berkeley County School District to discuss changing attendance lines within the county because of overcrowding in the Cane Bay area. (WCIV)

Berkeley County as a whole has experienced a 34 percent increase in population over the last decade. That’s the second highest rate of any county in the state.

This is partially due to the popularity of the area’s school system and community. It’s why Cane Bay resident Ashley Hill moved to the area two years ago.

“The reason that I like it here so much is because we have a sense of community and how Cane Bay trails, I get to experience that and golf cars and stuff like that,” Hill said.

But the space has started to become crowded. Since 2010, the Cane Bay population has grown from 1,321 people to 12,362 residents.

Right now approximately 75 percent of the land is permitted for expected build-out.

“They are going up so quickly,” Hill said, “It has grown tremendously. The traffic around here has gotten a lot more aggressive. I believe that even with school days, I mean, just trying to figure out how to get into the elementary school or the middle school because they're so close to each other, it makes it difficult for the people who are trying to go to work.”

Cane Bay currently has 5,941 building permits issued and 510 are under construction.

That means the number of residents may grow even more than the current population of 12,000.

There are also 7,950 entitlements for expected build-out in the Cane Bay area.

So that begs the question: Are Berkeley County officials prepared to deal with the growth in the community?

I took that question straight to Berkeley County Supervisor Johnny Cribb and here was his response:

“In the last several years, there's not a whole lot that we've rezoned or approved, but it's really the entitlements that that are out there.”

Cribb says that he hasn’t approved many building permits during his three years in office. But despite that, there are still thousands of permitted builds that have yet to take place.

So I asked him what his plan for the future was.

“If you look at what's going on in the world right now, anybody pretends to know what's going to happen is they're playing make believe,” Cribb said.

He said that the current market place, partially due to the coronavirus pandemic, has made it hard to predict when build-outs will happen and what the area will look like in the future.

Not satisfied with the answer to my question, I went to other officials to get more answers.

I asked the Cane Bay representative of the Berkeley County Council Caldwell Pinckney about the growth in the community.

He said that council does realize the threat the growth in the area has and it will be dealt with eventually. However, he said it has “not gotten to the point where we have had to sit down and talk about it.”

“Even in the most aggressive scenario, [build-outs are] years away. So two or three years, there's no way you could build out all that out in two or three years,” Cribb said.

When asked if a building moratorium would be considered to slow down some of the developments in Berkeley County ,both Cribb and Pinckney said it wasn’t on the table at this time.

Cribb does say that he believes the main solution, and the focus for him right now, is the roadways around the Cane Bay area.

“You put $65 million to widen 176, $82 million for Nexton I-26 interchange, so people would have their own interchange and doing improvements in the community.” Cribb said, “The biggest thing is, for us, almost three years now I have been relentlessly pursuing what I can control. And it's any new things that come in, and frankly, how can we improve the quality of life for the people that have moved out there who are the ones that created the growth.”

Cribb also said he is working with water and sewer officials to prepare for the influx of houses coming in the area.

One question I did pose to Pinckney was if the county would consider utilizing impact fees to help fund the building of new schools in the Cane Bay area. Pinckney said that he does believe impact fees are in place to an extent, but are not covering the whole budget.

But for residents like Hill, they believe that there is a lot being overlooked which only adds to their concern about the future of Cane Bay.

“I'm concerned with the overpopulation. I do not feel like the county has taken any hasn't thought about with all these, you know, kids that are coming in. Where they're supposed to go.”

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