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Classic Home Mortgage Providing Trustworthy Mortgage Guidance for Over 30 Years

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Mortgage Broker in Grant-Valkaria, FL

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 Grant-Valkaria, FL, who can educate you on mortgage rates and provide trustworthy guidance to help you make an informed decision.

My name is Dan Crance - Grant-Valkaria'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 Grant-Valkaria, FL 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.

What Our Clients Are Saying

Why Choose Dan Crance As Your Mortgage Lender in Grant-Valkaria, FL?

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 Grant-Valkaria, FL

Home Financing in Grant-Valkaria, FL

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 Grant-Valkaria, FL 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 Grant-Valkaria, FL Dan Crance will help you choose the home loan, interest rate, term options, and payment plans that fit your unique situation.

 FHA Mortgages Grant-Valkaria, FL

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 Grant-Valkaria, FL.

Refinancing in
Grant-Valkaria, FL

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 Grant-Valkaria, FL - 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 Grant-Valkaria, FL
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 Grant-Valkaria, FL

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 Grant-Valkaria, FL, 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 Grant-Valkaria, FL 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 Grant-Valkaria, FL

Trust Dan Crance

Your Mortgage Lender in Grant-Valkaria, FL

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 Grant-Valkaria, FL loves Classic Home Mortgage.

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Latest News in Grant-Valkaria, FL

Enjoy a lovely slice of Old Florida at Old Fish House Bar and Grill in Grant-Valkaria

Count the Old Fish House Bar and Grill as another of those restaurants that should have been seen in this space years ago.It looks exactly as one would expect, set off by a large, dusty lot from U.S. 1 in ...

Count the Old Fish House Bar and Grill as another of those restaurants that should have been seen in this space years ago.

It looks exactly as one would expect, set off by a large, dusty lot from U.S. 1 in Grant-Valkaria, with that rustic, Old-Florida vibe.

Its rear view is glorious: scores of slips that host pleasure boats of all sorts, motor and sail, as the water of the Indian River Lagoon ripples and the breeze blows lightly. It alone is enough to make the place attractive.

In the restaurant, which has indoor and outdoor seating, all is wood and things nautical, with interesting furnishings and what appeared to be a highly popular bar. It wasn’t noisy or rowdy, just congenial. Service was fast, friendly and on-point.

Last Sunday, I went as guest of a friend who cannot bear to see a good oyster go unconsumed, and so she ordered a half-dozen of them ($15.99, market price), plus what she said was going to be one of the area’s all-time great burgers (classic burger, $14.29). Being diet-limited, I went for a basket of grilled mahi ($16.94).

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Had they served rolls with the oysters, they could have been served as (substantial) sliders, so big and thick were they, served on ice with seafood sauce, horseradish and lemon. One of them, Oysterzilla, went down as smoothly as a bivalve ever will, beautifully salted and fresh as it gets.

So immersed in the oysters was my friend that she scarcely had time for the burger, much of which went home with her, but it was beautifully grilled to medium-rare and delivered with slices of tomato, onion, crunchy lettuce and a couple of crossed, deli-style pickles.

The important thing in a burger is the meat, though, and it was first rate, a good third-pound slab that did not lack the right texture and beefy flavor.

My only complaint with her burger really was the accompanying mountain of fries, which were those purveyor-supplied things with the coating. Oh, they were cooked beautifully but come on. Good fries, fresh or frozen, need no coating.

Mahi, hushpuppies, key lime pie ... yes, please

My mahi, which came in four fairly big, nicely cut chunks, was just fine, though a touch overcooked, with a little citrus taste rendered stronger by additional lemon. They weren’t square, friends, as fish aren’t square. Good. It had exactly the right grain and absolutely no aftertaste or hint of frozen-ness.

These I ordered with hushpuppies, which were grand in their dark brown surface and corny flavor. I cheated. I ate one. Oh well. I took one taste of everything else.

That included key lime pie ($7.49), which I ordinarily do not order unless a sign that says “Fat Snook” graces the window. This, my dining companion insisted, was unlike any local key lime pie, and as I wasn’t going to eat the thing anyway, why not?

The spoonful I had was delightful, from a square of slightly crunchy, homemade graham cracker crust topped by dense, heavy, exceptionally tart and smooth filling topped by a squirt of whipped cream. The thing probably weighed half a pound, so if you order, share. After I break the diet, I’ll go back for this.

The only other complaint I had was about the iced tea, which was far too weak and, said my friend, had a strange taste. Back it went in favor of a soft drink.

That’s it. The Old Fish House deserves all the kudos it has received over the years. Perfect, no, but a lovely slice of old Florida and that magnificent Indian River.

Lyn Dowling is a freelance food and lifestyles writer based in Melbourne.

The Old Fish House Bar and Grill

Three and a half stars

Address: 5185 S, U.S. 1, Grant-Valkaria

Hours: 11:30 a.m. to 8 p.m. Sundays through Thursdays, 11:30 to 9 p.m. Fridays and Saturdays

Call: 321-727-7007

Online: https://oldfishhousebarandgrill.com/

Other: Water access for boats; kids’ and dogs’ menus; full bar.

'Elevate Florida': State to launch grant program for home lifting

Home lifting, the process of raising an entire home off its slab and constructing below, is becoming a more popular option in coastal communities.ST. PETERSBURG, Fla. — In neighborhoods battered by frequent storms and flooding, in the future staying put safely may require living higher.RELATED: Florida famil...

Home lifting, the process of raising an entire home off its slab and constructing below, is becoming a more popular option in coastal communities.

ST. PETERSBURG, Fla. — In neighborhoods battered by frequent storms and flooding, in the future staying put safely may require living higher.

RELATED: Florida family chooses to lift home rather than leave after multiple hurricanes

Home lifting, the process of raising an entire home off its slab several feet in the air and constructing below, is becoming a more popular option in coastal communities. Soon, a first-of-its-kind state program is launching to help more homeowners elevate.

“Demand since the hurricanes have gone way, way up. Everybody's been flooded or been worried about their homes being flooded because they're close calls,” Albert Jasuwan, president of JAS Builders, said.

Jasuwan and his company are working on dozens of home lifting projects, booking jobs from Longboat Key to Crystal River every week.

“Lifting makes sense for a lot of people, especially if you love your floor plan. You love your house, you love your neighborhood, you love the schools you're in,” said Jasuwan, adding it's really the only way to protect against flooding in some communities.

It's fairly expensive, starting around $200,000 and up depending on the size of the home. Between designing, permitting and construction, the process could also take up to a year. But as Jasuwan explains, it could save homeowners from a full rebuild and tragedies brought by storm surges — and even bring lower insurance costs.

“We're still at about half the price of building new over a new block, new slab, and we make it better than new because we're putting pilings in all the way deep down the earth,” he explained.

RELATED: In flood-weary neighborhoods, home lifters see growing demand

The Florida Division of Emergency Management is putting out a new program to make home lifting more accessible and affordable.

“Elevate Florida” is expected to launch in the new year, providing grant funding for folks in flood zones to lift their homes, rebuild damaged ones at a higher elevation and/or for communities to buy and tear down at-risk structures to maintain as open spaces.

The ultimate goal is to mitigate widespread damage across neighborhoods.

Credit: FDEM

RELATED: Homeowners say process to raise homes with FEMA’s help has too much red tape

The application process is not open yet, but the state says homeowners should prepare if they are interested by compiling the following:

If you are a resident of Florida and interested in learning more about mitigation grant funding for your property, please email ResidentialMitigation@em.myflorida.com with your name, city, and your specific question or situation.

Nationally, FEMA offers funding for home raising in flood zones.

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