With 30 years in the industry

Mortgage Broker in Cane Bay, SC

Ask us Anything843-478-5612

Book an Appointment

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 girls aim to defend region title

The 2021-22 Cane Bay High School’s girls basketball team set the bar exceptionally high for the teams coming behind it.The 2022-23 version of the Cobras get the first crack at bumping it up another notch. Last season, Cane Bay captured the Region 7-AAAAA crown, won 23 games and advanced to the third round of the Class AAAAA playoffs in the best season on the hardwood since the school opened in 2008.“We’ve got some big shoes to fill with losing Jasmine (Jenkins),” Cane Bay coach Ira Owens said. “We ...

The 2021-22 Cane Bay High School’s girls basketball team set the bar exceptionally high for the teams coming behind it.

The 2022-23 version of the Cobras get the first crack at bumping it up another notch. Last season, Cane Bay captured the Region 7-AAAAA crown, won 23 games and advanced to the third round of the Class AAAAA playoffs in the best season on the hardwood since the school opened in 2008.

“We’ve got some big shoes to fill with losing Jasmine (Jenkins),” Cane Bay coach Ira Owens said. “We don’t have that second really big scorer like her. I do think when everything comes together we have some people who can pick up that slack.”

Owens’ bunch does, however, return their top scorer for one more year. Charleston Southern signee Alaina Nettles, also one of the state’s top five senior players by the South Carolina Basketball Coaches Association, is back after leading the team in points, assists and steals. The guard provided better than 18 points a game as a junior and should certainly see plenty 20-point games this winter.

Senior forward Lauren Thomas returns, too. The undersized - but strong - post player grabbed a team-high eight rebounds a game and earned all-region honors last season. Thomas and senior forward Kimmani White will have chances around the basket to provide scoring punch.

“Both have shown the potential to get up in that 10- to 12-point range,” Owens said. “If the rest of the girls can score in the 4- to-6-point range, I think that puts us in pretty good shape.

Thomas and White have also knocked down some outside shots. White made five 3-pointers in a win over Hanahan last season. Versatile senior wing Samantha Mullen has been around a while and can fit in just about anywhere in the lineup.

“We’re still trying to find that fifth person to go with those four,” Owens said. “I went with one of our bigs in summer and some guards coming off junior varsity. Obviously, we’re faster with a third guard out there and can play a little bit more pressure defense. It just depends on what we need against whoever we’re playing.”

Additional contributors are junior forward Zahnyra Young, junior forward Emma Franke, freshman guard LaChar Lawrence, sophomore guard Amani Merrell, sophomore guard Kimora Carmichael, sophomore guard Natalya Hahn, junior forward Ella Hill and sophomore guard Kalayshia Bennett. Owens said each brings something a little different to the table that can help them get on the floor

“They’re going to have to learn on the fly,” Owens said. “They’ll have to take advantage of their couple minutes here and there when they get on the floor. As they learn, their minutes can increase as the season goes on. It’s just about being consistent.”

Cane Bay begins the regular season Nov. 28 at Andrews before opening the home slate Nov. 30 against Timberland. The Cobras then host Carolina Forest Dec. 2.

Cane Bay’s Nettles staying home for college

Ira Owens could see this day coming for Alaina Nettles several years ago. As an eighth grader on the Cane Bay High School girls varsity team, Nettles poured in more than 20 points in a game. Flashes were there.On Nov. 9, now one of the state’s best senior girls basketball players, Nettles signed with Charleston Southern, etching in stone a future in college basketball for the local Big South Conference program.“It’s been great seeing her development as a player,” said Owens, the Cobras’ girls baske...

Ira Owens could see this day coming for Alaina Nettles several years ago. As an eighth grader on the Cane Bay High School girls varsity team, Nettles poured in more than 20 points in a game. Flashes were there.

On Nov. 9, now one of the state’s best senior girls basketball players, Nettles signed with Charleston Southern, etching in stone a future in college basketball for the local Big South Conference program.

“It’s been great seeing her development as a player,” said Owens, the Cobras’ girls basketball coach. “You could see she had a lot of talent when she joined us an eighth grader. You knew there was something special about her. She was still developing as a freshman, had a good sophomore year and then had a tremendous year last season. If we can get the same type growth this year, there’s no reason she couldn’t average 20 to 21 points per game.”

That means it wouldn’t take very long for Nettles to reach an impressive scoring milestone. She enters the season needing just 21 points to reach 1,000 for her career. If not for the COVID-shortened slate two years ago, Nettles would have already eclipsed the milestone.

Last winter, Nettles led Cane Bay in scoring (18.1 PPG) steals (4.3 SPG) and assists (3.3 APG) as the Cobras won 23 games and advanced to the state quarterfinal round in the Class AAAAA playoffs, their best-ever production on the hardwood.

As for Nettles, she garnered Region 7-AAAAA player of the honors and an all-state selection by the South Carolina Basketball Coaches Association.

During the spring, Nettles is also one of the top jumpers in the state in track and field. After the 2021-22 sports seasons wound down, she earned the Best of Prep Sports Female Athlete of the Year by Summerville Communications in May.

“She’s an unbelievable person,” Cobras athletic director Brian Swiney said for a story about Nettles in the spring. “She has great parents. She has a great family. Her brother shows up and volunteers in track. Her family is invested in her athletics. She’s friendly. She gets along well with everybody, athletes or non-athletes. She’s why teachers teach and coaches coach. She’s also extremely hard working.”

Land approved for K-8 school and more mobile units in Berkeley County Schools

Mobile learning units and more land for a future K-8 school made final approval at Tuesday’s Berkeley County School Board meeting.BERKELEY COUNTY, S.C. (WCSC) - Mobile learning units and more land for a future K-8 school made final approval at Tuesday’s Berkeley County School Board meeting.A lease and purchase contract of a little over $2 million was approved for 16 mobile units to go to Cane Bay Elementary and Cane Bay Middle Schools. With the exponential growth in the county, the board says they needed this lease ...

Mobile learning units and more land for a future K-8 school made final approval at Tuesday’s Berkeley County School Board meeting.

BERKELEY COUNTY, S.C. (WCSC) - Mobile learning units and more land for a future K-8 school made final approval at Tuesday’s Berkeley County School Board meeting.

A lease and purchase contract of a little over $2 million was approved for 16 mobile units to go to Cane Bay Elementary and Cane Bay Middle Schools. With the exponential growth in the county, the board says they needed this lease for at least five years. After those five years, the county will buy those units and can move them to whatever school in the district needs space for extra classrooms.

Berkeley County School District’s finance and capital planning committee also made headway on transferring COVID-19 funding, or ESSER II, to cover costs for virtual learning. Some of this now-approved money will cover salaries and benefits to teachers working with those virtual programs.

About $311,000 will come out of the purchase service account and technology and just over 100,000 will cover the cost of Lowcountry Virtual Academy. About $210,000 will cover virtual teacher salaries.

Superintendent Deon Jackson made an announcement that he has reached a land agreement with Brookfield Properties to bring a K-8 school to the Nexton area. This school will sit on 35 acres and the developer will pay voluntary impact fees of $1,850 per unit.

“This collaboration is a win for our students, a win for the taxpayers and a win for Berkeley County School District,” Jackson said. “We are excited to continue working with our area developers, builders and county government to ensure that the construction, expansion and updates of schools remains at the forefront of all plans.”

Jackson says this school is expected to break ground in 2025 if funding gets approved. He says this will depend on if the one cent sales tax is approved in November and if it’s not, this development will get pushed back.

Katie Tanner, the public information officer for BCSD, released a statement about the K-8 school:

“The plan to build a K-8 school, as opposed to a traditional elementary or middle school, is based largely on the ability to expeditiously and efficiently add capacity at both the elementary and middle school levels. Additionally, a K-8 model provides the District with more flexibility for conversion into a stand-alone elementary or middle school, if needed in the future as growth in the area is expected to continue.”

Copyright 2022 WCSC. All rights reserved.

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.Corey Schauer is one of 11 students at Ca...

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.

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.

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.

Lowcountry High School Football Scores - Week 9

CHARLESTON, S.C. (WCSC) - Week 9 kicks off with one game on Thursday and the rest of the schedule on Friday. Check back here for scores, highlights and more!10/20Beaufort 48, North Charleston 8 - The Cougars fall to 3-7 (0-4)Philip Simmons 22, Hanahan 0 - The Iron Horses Michael Spignardo blocked 2 punts including one that went for a touchdown as Philip Simmons improved to 6-3 (2-1) while the Hawks fall to 6-2 (2-1)Ft. Dorchester 51, West Ashley 7 - The Patriots move to 6-3 (3-0) with t...

CHARLESTON, S.C. (WCSC) - Week 9 kicks off with one game on Thursday and the rest of the schedule on Friday. Check back here for scores, highlights and more!

10/20

Beaufort 48, North Charleston 8 - The Cougars fall to 3-7 (0-4)

Philip Simmons 22, Hanahan 0 - The Iron Horses Michael Spignardo blocked 2 punts including one that went for a touchdown as Philip Simmons improved to 6-3 (2-1) while the Hawks fall to 6-2 (2-1)

Ft. Dorchester 51, West Ashley 7 - The Patriots move to 6-3 (3-0) with the win while the Wildcats drop to 7-3 (1-3)

Ashley Ridge 13, Summerville 28 - The Green Wave go to 8-1 (3-0) while the Swamp Foxes drop to 6-3 (1-2). Summerville will host Ft. Dorchester next Friday with the Region title on the line.

Wando 34, Goose Creek 53 - The Gators clinch the Region championship with the win and improve to 3-6 (3-0). Wando drops to 2-7 (1-3).

Stratford 7, Berkeley 12 - The Stags break their losing streak and go to 2-7 (1-2). The Knights fall to 2-6 (1-2).

Stall 18, Cane Bay 65 - The Cobras improve to 6-2 (3-1) while the Warriors remain winless at 0-8 (0-4).

Colleton County 21, Beckham 31 - The Bengals go to 7-2 (3-1) while the Cougars drop 1-8 (0-4).

James Island 45, Hilton Head 8 - The Trojans move to 8-1 (4-0) and will face Beckham next Friday for the region title.

Bishop England 0, Oceanside Collegiate 36 - The Landsharks improve to 7-1 (3-0) while the Bishops fall to 1-8 (0-3).

Lake Marion 27, Academic Magnet 7 - The Raptors fall to 5-3 (0-3).

Woodland 28, Barnwell 34 - The Wolverines suffer their first loss of the season and fall to 8-1 (2-1).

Cross 54, Baptist Hill 0 - The Trojans clinch a Region championship with the win and improve to 7-2 (3-0). The Bobcats fall to 5-2 (2-1).

St. John’s 19, Military Magnet 6 - The Islanders go to 2-6 (2-1) while the Eagles fall to 2-8 (1-3)

Cardinal Newman 24, Porter-Gaud 28 - The Cyclones improve to 4-4 with the victory

Florence Christian 26, First Baptist 27 - The Hurricanes move to 4-4 on the year

Pinewood Prep 40, Thomas Heyward 20 - The Panthers go to 4-5

Pee Dee Academy 34, Northwood Academy 0 - The Chargers fall to 0-9

St. John’s Christian 46, Dorchester Academy 20 - The Cavaliers improve to 5-3 while the Raiders drop to 5-4

Colleton Prep 19, Beaufort Academy 20 - The War Hawks suffer their first loss of the season and fall to 7-1

Northside Christian 32, Palmetto Christian 8 - The Eagles fall to 0-8

Copyright 2022 WCSC. All rights reserved.

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.