With 30 years in the industry

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

My name is Dan Crance - Goose Creek'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 Goose Creek, 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 Goose Creek, SC
 Refinance Goose Creek, SC

Why Choose Dan Crance As Your Mortgage Lender in Goose Creek, 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 Goose Creek, SC

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

 FHA Mortgages Goose Creek, 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 Goose Creek, SC.

Refinancing in
Goose Creek, 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 Goose Creek, 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 Goose Creek, 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 Goose Creek, 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 Goose Creek, 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 Goose Creek 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 Goose Creek, SC

Trust Dan Crance

Your Mortgage Lender in Goose Creek, 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 Goose Creek loves Classic Home Mortgage.

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Latest News in Goose Creek, SC

Goose Creek leaders consider 43-acre housing development

GOOSE CREEK, S.C. (WCSC) - The City of Goose Creek is considering a proposal that would add nearly 200 new homes.The plan would add the housing and commercial space to what is now 43 acres of wooded land at the intersection of Skeet and Myers Roads. The neighborhood and its 194 new homes would be called Myers Landing.More than a dozen longtime Goose Creek residents have voiced concerns on Facebook groups about “overgrowth.”“If I was a commercial entity, and I saw the crumbling infrastructure for Goose C...

GOOSE CREEK, S.C. (WCSC) - The City of Goose Creek is considering a proposal that would add nearly 200 new homes.

The plan would add the housing and commercial space to what is now 43 acres of wooded land at the intersection of Skeet and Myers Roads. The neighborhood and its 194 new homes would be called Myers Landing.

More than a dozen longtime Goose Creek residents have voiced concerns on Facebook groups about “overgrowth.”

“If I was a commercial entity, and I saw the crumbling infrastructure for Goose Creek, I would go the other way. Millions of dollars go out of Goose Creek, over to Summerville and North Charleston because we don’t have stores here for shopping. And they just keep building more and more houses,” Goose Creek homeowner Jack Taylor said. “If I was a commercial entity, and I saw the crumbling infrastructure for Goose Creek, I would go the other way. Millions of dollars go out of Goose Creek, over to Summerville and North Charleston because we don’t have stores here for shopping. And they just keep building more and more houses.”

In 2023, the route from US 17 Alternate, or North Main Street, from Summerville to Myers Road averaged 23,300 cars per day. From Myers Road to US 176 on the other side, it leveled out to 31,700.

The South Carolina Department of Public Safety also reported a decrease in collisions for the area since a new traffic light was installed. In 2024, there have been 38 total wrecks compared to 60 in 2023.

Residents are worried adding more housing, and therefore cars, could get in the way of that trend.

“Two or three cars per house, 800 to 1200 new cars on Myers Road. They need to slow this growth down. This was a beautiful area, it was comfortable living here. The traffic has made living here not as nice as it was. It’s not the sleepy old town it used to be,” Taylor said. “The growth and overdevelopment is ruining where we live now.”

Council members are scheduled to meet Tuesday afternoon for a private workshop to learn more about the project.

It will then go to a public meeting on Dec. 10, where developers and residents will be present.

Copyright 2024 WCSC. All rights reserved.

Investigation results in arrest on numerous charges

A Goose Creek man sits in the Hill-Finklea Detention Center in Moncks Corner following an investigation by the South Carolina Law Enforcement Division (SLED). Information provided shows the suspect, Derrell Joshua, already a convicted felon, is charged with 43 counts that include, child endangerment, drug trafficking and animal fighting.Information provided to the Gazette shows that Joshua, 40, continued to be investigated after convictions for felony crimes in 2004, 2012 and 2020. The arrest affidavit from Berkeley County states that...

A Goose Creek man sits in the Hill-Finklea Detention Center in Moncks Corner following an investigation by the South Carolina Law Enforcement Division (SLED). Information provided shows the suspect, Derrell Joshua, already a convicted felon, is charged with 43 counts that include, child endangerment, drug trafficking and animal fighting.

Information provided to the Gazette shows that Joshua, 40, continued to be investigated after convictions for felony crimes in 2004, 2012 and 2020. The arrest affidavit from Berkeley County states that his arrest stems from evidence being collected since 2020, up until October of 2024.

Investigators from SLED, according to documents, began, through a warrant, tracking Joshua’s social media account where his dealings were messaged with numerous co-conspiring parties.

One message from 2022 discussed, based on bond papers, shows he communicated with a person looking for Fentanyl, heroin, meth, crack cocaine and Oxycodone after the subject was released from prison.

Another message thread shows that he entered into a conversation in the private message thread that he, Joshua, had “fentanyl on deck.” The documents show he interacted through messaging numerous times discussing and setting up sales for an array of illegal drugs.

Affidavits show there were messages where Joshua set up sales to different subjects for MDMA “Molly”, meth, cocaine and heroin. Information shows these conversions went back and forth for several months.

Then on Oct. 24, the affidavit states that SLED agents along with deputies from the Berkeley County Sheriff’s Office executed a search warrant at what is believed to be Joshua’s residence in Goose Creek. During the search more charges were added to the list.

Investigators allegedly found dogs that had scars consistent with animal fighting or baiting. It was also found, officers report, that he ran an illegal dog fighting kennel. The kennel was advertised on social media and the page was owned by Joshua.

The site, investigators report had animals “tormented by tethering” and lacked food and adequate care. They also found a digital media file that showed, pit-bull type dogs in a “conditioning fight” and the fight was recorded.

The court papers state that while searching the site on Oct. 24 additional drugs were found that included fentanyl and cocaine. Also because of the condition of the home and the illicit drugs around, Joshua was charged with child endangerment. Three children were in home ranging in age from 12 to four-years old, according to investigators.

Also inside, investigators reported, finding 12 different firearms. There were seven handguns, four rifles and one shotgun. Due to his previous felony charges in 2004, 2012 and 2020, it is illegal for Joshua to have guns or ammunition.

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