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Mortgage Broker in Forest Acres, 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 Forest Acres, SC, who can educate you on mortgage rates and provide trustworthy guidance to help you make an informed decision.

My name is Dan Crance - Forest Acres'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 Forest Acres, 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 Forest Acres, SC
 Refinance Forest Acres, SC

Why Choose Dan Crance As Your Mortgage Lender in Forest Acres, 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.

Ask Dan Anything843-478-5612
 Conventional Mortgage Forest Acres, SC

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

 FHA Mortgages Forest Acres, 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.
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 Forest Acres, SC.

Refinancing in
Forest Acres, 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 Forest Acres, 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 Forest Acres, 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 Forest Acres, 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 Forest Acres, 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 Forest Acres 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 Forest Acres, SC

Trust Dan Crance

Your Mortgage Lender in Forest Acres, 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 Forest Acres loves Classic Home Mortgage.

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Latest News in Forest Acres, SC

Iconic Forest Acres restaurant closing its doors this month

Zesto's in Forest Acres, a long-standing part of the community, will close its doors later this month.The city confirmed the long-rumored closure Monday night in a Facebook post, announcing that the restaurant would shut down by the end of the month as owner Walt Hallman prepares for retirement.“We are sad to share the rumors are true,” the post read. “From the food, to the ice cream treats to maybe even your first job as a kid… Zesto’s in Forest Acres has always been like an old friend to welcome...

Zesto's in Forest Acres, a long-standing part of the community, will close its doors later this month.

The city confirmed the long-rumored closure Monday night in a Facebook post, announcing that the restaurant would shut down by the end of the month as owner Walt Hallman prepares for retirement.

“We are sad to share the rumors are true,” the post read. “From the food, to the ice cream treats to maybe even your first job as a kid… Zesto’s in Forest Acres has always been like an old friend to welcome you home.”

Zesto was a place where people made life long memories — from first dates to first jobs, and family gatherings. Many longtime visitors, like Johnathan and Nancy Simmons, saw the restaurant as a welcoming space, with employees treating regulars like family. The Simmons, who have been visiting the Forest Acres location for over a decade, said they would miss not only the food but also the people they’d come to know over the years.

“We love the food, but we really love the people who work here,” Nancy Simmons said. “They did a tremendous job staffing this place. Everyone is always so welcoming and helpful. The workers, from the cash register to the cooks, really made this place special for us.”

Hallman’s retirement marks the end of an era for the restaurant, which had been a community staple for many years.

“My family loves this place. It was a constant for us for all these years. No matter what we were up to, no matter how things were going, you would find our family here,” said Jessica, a Forest Acres resident. “We absolutely adore this place.”

Though the Forest Acres location is closing, Zesto’s will continue to operate at its West Columbia and North Main Street locations.

Pete Manos, owner of Zesto in West Columbia, has known Hallman since childhood, when Hallman worked for his father. As the West Columbia location prepares to begin its 76th year, Manos is hopeful that Forest Acres customers will visit his restaurant.

“I hope people discover us (the West Columbia location) who maybe didn’t know about us,” Manos said. “It’s not far away, so I’d love to see those people come our way and see what our brand in West Columbia is all about.”

In its farewell post, the City of Forest Acres expressed appreciation for Hallman and the restaurant’s role in the community. “We wish him well and say, thanks for the memories,” the post concluded.

Zesto’s in Forest Acres to close after 75 years of serving the community

Community reflects on decades of memories as the iconic restaurant prepares to close.More VideosFOREST ACRES, S.C. — A long-standing Forest Acres institution is closing its doors for good after more than seven decades of serving comfort food to generations of loyal customers.Zesto's, known for its iconic milkshakes and Zesto dogs, will close its location on Forest Drive sometime between Christmas and New Year's.For many residents of the Midlands, the news is bittersweet, as the beloved restaurant has been ...

Community reflects on decades of memories as the iconic restaurant prepares to close.

More Videos

FOREST ACRES, S.C. — A long-standing Forest Acres institution is closing its doors for good after more than seven decades of serving comfort food to generations of loyal customers.

Zesto's, known for its iconic milkshakes and Zesto dogs, will close its location on Forest Drive sometime between Christmas and New Year's.

For many residents of the Midlands, the news is bittersweet, as the beloved restaurant has been a staple in the community since 1949.

Customers have expressed their sadness about the closure, reflecting on the many memories created at the restaurant.

Mary Phelin, a regular customer, said, "I am heartbroken I really am. I come here all the time. I’ve lived here since 1964, and this used to be like a special place to come, a real treat. There weren’t many restaurants back then."

RELATED: Zesto on Forest Drive set to close

While the owner, who plans to retire, was unavailable for comment, News 19 confirmed that the restaurant is expected to close soon.

Kelly Jones, another loyal customer, shared her sentiments: "It’s been here for so many years. I used to work over here in the office buildings, and I came here a lot for lunch. Today we actually got on the highway and turned around to come back over here. So it’s going to be greatly missed, food is very good."

Forest Acres City Councilman Stephen Oliver also expressed his disappointment over the closing. "It hurts. We always hate to lose businesses out of our city, especially one like Zesto’s where it is such a draw. Obviously, it's going to hurt our hospitality tax, but I don’t think we will have a problem filling the spot," Oliver said. "At this point, we will kind of get some community input, what people want to see in Forest Acres, and then we’ll reach out to the franchises or whatever and try to put them in touch with the property owner and kind of facilitate a new business coming in."

RELATED: Construction begins on $19M Columbia Water upgrade on North Trenholm Road in Forest Acres

For many, Zesto’s is irreplaceable. "They’re getting more and more dining options, but I don’t think anything can replace this Zesto’s at all," said Phelin.

Aunyka Moonan, a former resident of Forest Acres, reminisced about her time at Zesto's. "I used to live around the corner when I was in graduate school and then lived in Forest Acres for about twenty years, so we used to always come to Zesto’s. We moved away recently, but I heard it was closed, so we had to come say goodbye."

While Zesto’s on Forest Drive may be closing, residents can still enjoy its West Columbia location, which will remain open under different management.

Are you seeing slow mail delivery in Forest Acres? You're not alone

Multiple people have reported problems with deliveries in their area.FOREST ACRES, S.C. — Frustrated residents in Richland County and Forest Acres are sharing their issues with mail services in the area.Many took to social media, saying they are either experiencing longer wait times for deliveries, receiving packages late at night, or not getting them at all.“About four to five days after it says it's delivered I'll receive it or half the time I don’t even receive it and then one time the package was op...

Multiple people have reported problems with deliveries in their area.

FOREST ACRES, S.C. — Frustrated residents in Richland County and Forest Acres are sharing their issues with mail services in the area.

Many took to social media, saying they are either experiencing longer wait times for deliveries, receiving packages late at night, or not getting them at all.

“About four to five days after it says it's delivered I'll receive it or half the time I don’t even receive it and then one time the package was open after it was delayed," said Vicki Salas.

Salas, who lives on base on Fort Jackson, said she ordered items off Amazon and still has not received anything she bought two weeks ago. "It’s getting to the point where I don’t even like ordering packages anymore, and the post office said I should just file a claim with Amazon," she said.

While some went directly to the post office in Forest Acres for answers, others expressed their frustration online, claiming deliveries are delayed due to short staffing at U.S. Postal Service.

Others like Linda Oliver said her packages do come, but at unexpected times.

"It's very few days that I didn't get my mail which is very unusual and the mail often comes late but to be honest with you its not a major problem in my life and I don’t mind that much."

News19 reached out to USPS for answers. They did not directly address the specific concerns about delivery times in the area. However, they did speak to what residents should expect in the coming weeks in this this statement:

'Throughout the year and especially during the busy holiday season, the Postal Service strives to provide excellent service. We have decades of experience with the increased volume the holidays bring. At the Forest Acres Post Office, the staff is working to quickly deliver items as soon as they are received. Volume numbers are not available; however, we are taking steps to ensure we properly handle the increased holiday volume. This includes bringing in available resources, such as staffing, to assist with the workload. Regarding the time frame for delivery after items arrive at the office, customers who utilize our Informed Delivery app should note that mail and packages shown will be arriving as soon as possible. Regarding the priority for package delivery and mailed letters during the holiday season, all mail and packages are delivered as they are received. We are continually monitoring our operations to ensure the timely processing and delivery of mail and packages."

USPS adds anyone seeking more information on concerns are encouraged to use the mail package tracking app or call at 1-800-ASK-USPS.

A fresh Mex restaurant sets an opening in a busy Columbia-area development. Here’s when

A burgeoning chain that offers a “fresh Mex” menu has set an opening date for a Midlands location.Surcheros, which has a number of locations in Georgia and Florida, will open a new restaurant at 10:30 a.m. Dec. 10 at 4609 Forest Drive suite 2 in Forest Acres. That’s in the popular Cardinal Crossing mixed-use development. It will be the first Surcheros location in South Carolina.“I am thrilled to bring Surcheros to South Carolina and share their high-quality offerings and exceptional hospitality with the ...

A burgeoning chain that offers a “fresh Mex” menu has set an opening date for a Midlands location.

Surcheros, which has a number of locations in Georgia and Florida, will open a new restaurant at 10:30 a.m. Dec. 10 at 4609 Forest Drive suite 2 in Forest Acres. That’s in the popular Cardinal Crossing mixed-use development. It will be the first Surcheros location in South Carolina.

“I am thrilled to bring Surcheros to South Carolina and share their high-quality offerings and exceptional hospitality with the greater Columbia area,” Surcheros Forest Acres owner Andrew Powell said in a statement. “Columbia has a dynamic community of families and students, and I look forward to establishing Surcheros as a favorite dining destination. It’s an honor to expand Surcheros into a new state, and we can’t wait to celebrate this milestone with friends, neighbors, and visitors.”

The first 100 customers who make a purchase at the Cardinal Crossing Surcheros on Dec. 10 will get free burritos for a year, the company said in a release.

The menu at Surcheros includes grilled burritos, quesadillas, tacos, nachos, salads, burrito bowls and more. The restaurant space in Forest Acres will be about 3,000 square feet, the company said.

Cardinal Crossing has continued to be a thriving commercial development in the heart of Forest Acres. It features a host of restaurants and businesses, including Nothing Bundt Cakes, Handel’s Homemade Ice Cream, Bad Daddy’s Burger Bar, Clean Juice, and more.

It’s in a high-traffic area, as more than 27,000 cars per day travel down Forest Drive, per the SC Department of Transportation.

Once it debuts, the Forest Acres Surcheros will open 10:30 a.m. to 9 p.m. Mondays through Thursdays and 10:30 a.m. to 10 p.m. on Fridays and Saturdays.

This story was originally published November 21, 2024, 12:05 PM.

The State

Chris Trainor is a retail reporter for The State and has been working for newspapers in South Carolina for more than 20 years, including previous stops at the (Greenwood) Index-Journal and the (Columbia) Free Times. He is the winner of numerous South Carolina Press Association awards, including honors in column writing, government beat reporting, profile writing, food writing, business beat reporting, election coverage, social media and more.

Forest Acres city council says Richland Mall redevelopment project "ahead of schedule"

The city said it's already moved ahead with the contract for developers to start working on the permitting.More VideosFOREST ACRES, S.C. — Tuesday night, council members in Forest Acres said things are ahead of schedule in the development project that will replace the Richland Mall.News19 told and showed you preliminary drawings back in August of how local leaders said the former Richland Mall, at the intersection of Forest Drive and Beltline Boulevard, will be transformed.The new space will feature an out...

The city said it's already moved ahead with the contract for developers to start working on the permitting.

More Videos

FOREST ACRES, S.C. — Tuesday night, council members in Forest Acres said things are ahead of schedule in the development project that will replace the Richland Mall.

News19 told and showed you preliminary drawings back in August of how local leaders said the former Richland Mall, at the intersection of Forest Drive and Beltline Boulevard, will be transformed.

The new space will feature an outdoor park, apartments, businesses, a grocery store and brewery.

Council members shared that demolition is set to wrap up towards the end of this year, with site remediation beginning in the spring.

"When they submit the plan development district to us, we'll kind of get into more finite details of what's going on over there. And then, obviously, we'll get some thought from us as council members, but we'll also give a lot of thought from the public as well to developers," Forest Acres councilman David Black said.

Things are pressing forward with Tuesday night's approval of a $2.5 million grant agreement with South Carolina Parks Recreation and Tourism (SCPRT) for the redevelopment.

"We've already moved ahead with the contract for them to start working on the permitting and the other aspects that'll be involving the creek restoration and stabilization of Penn Branch," Shaun Greenwood, Forest Acres city administrator said.

Forest Acres leaders said the creek, right next to the mall property, will now be highlighted.

"The park project has a creek restoration component to it," said Lynnsey Baker, Forest Acres public information officer. "Penn Branch Creek, a lot of people don't even realize was there behind the mall. It was actually covered up in a parking area of the mall and our hope is to help to bring that creek out into the public, make it an amenity of this park and make it a waterway that everyone can really enjoy."

Local businessmen like barber John Buckner are excited for the change.

"I think the actual open air and the brewery and having the up-to-date stuff will do better," Buckner said.

Greenwood said they're still in the hard design phase of the park, and a consultant will come next month to give a final draft of the master plan for approval.

Council said their goal is for contractors to begin building the park the same time they build the retail space. That process starting hopefully next year.

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