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

My name is Dan Crance - Greenville'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 Greenville, 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 Greenville, SC
 Refinance Greenville, SC

Why Choose Dan Crance As Your Mortgage Lender in Greenville, 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 Greenville, SC

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

 FHA Mortgages Greenville, 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 Greenville, SC.

Refinancing in
Greenville, 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 Greenville, 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 Greenville, 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 Greenville, 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 Greenville, 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 Greenville 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 Greenville, SC

Trust Dan Crance

Your Mortgage Lender in Greenville, 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 Greenville loves Classic Home Mortgage.

After hours by appointment only. CONTACT DAN

Latest News in Greenville, SC

New tenants announced for Greenville County Square including Pottery Barn, Williams Sonoma

GREENVILLE, S.C. —New tenants for Greenville County Square were announced Friday and include big names like Pottery Barn and Williams Sonoma.(Video above is previous coverage about Whole Food coming to the area)Earlier this year, Greenville County moved into its new 262,000-square-foot state-of-the-art Administrative Building and 1,000-space parking deck...

GREENVILLE, S.C. —

New tenants for Greenville County Square were announced Friday and include big names like Pottery Barn and Williams Sonoma.

(Video above is previous coverage about Whole Food coming to the area)

Earlier this year, Greenville County moved into its new 262,000-square-foot state-of-the-art Administrative Building and 1,000-space parking deck, which means the previous structure is being demolished.

WYFF 4 Exclusive: An inside look at Greenville County's future administration facility

On Friday, RocaPoint announced that Pottery Barn and Williams Sonoma will join the project and anchor the retail experience along with Whole Foods Market, which was signed earlier this year.

Sports & Social and PBR will also be joining the project. The 23,000-square-foot sports bar and entertainment venue will be The Cordish Company’s first in South Carolina.

Along with retail and entertainment uses, RocaPoint announced new food-and-beverage tenants.

Recently, Fleming's Prime Steakhouse and Wine Bar, signed on and will open its first restaurant in South Carolina.

Hawkers, which serves authentic Asian street food, and The Salty, a donut, baked goods and coffee shop, will also open at Greenville County Square.

These new restaurants will join the already announced restaurants, including Perch Kitchen and Tap, Agave Bandido, Jinya Ramen Bar and Ben & Jerry’s.

“Greenville County Square is moving full steam ahead,” said Patrick Leonard, Principal at RocaPoint Partners. “We’ve seen enormous interest in the project as Greenville continues to be a market that attracts high-quality tenants. With an upswing in population and a desirable quality of life for residents, it's no surprise companies and retailers are choosing to bring their businesses to this charming downtown, many for the first time.”

Located along University Ridge in downtown Greenville, the development will encompass approximately 3 million square feet of new buildings, creating $1.5 billion in market value upon completion.

To learn more, please visit https://rocapoint.com/project/greenville/.

Greenville County created road project list a penny tax could help fund

GREENVILLE, S.C. (FOX Carolina) - Greenville County voters may be asked to pass a penny tax to pay for roads, but before it goes on the ballot, a special commission will recommend which projects get the funding.“Not only are they limited under the law to what they could do but we could narrow that scope even further,” said Councilman Butch Kirven.Now that the...

GREENVILLE, S.C. (FOX Carolina) - Greenville County voters may be asked to pass a penny tax to pay for roads, but before it goes on the ballot, a special commission will recommend which projects get the funding.

“Not only are they limited under the law to what they could do but we could narrow that scope even further,” said Councilman Butch Kirven.

Now that the process has begun, county and Greenville City leaders are now preparing to appoint a 6-member commission. They’ll be in charge of deciding which projects to fund with $1 billion a penny tax could generate in 8 years.

“I could tell council was drifting around in different directions about how we know they’re gonna do what we want them to do,” said Kirven, speaking about Tuesday night’s vote.

So, he recommended council create a resolution that would guide commissioners to stick to road and bridge projects only.

The county staff collected a list of more than 100 roads and bridges in need of intersection, safety, corridor and paving improvements. The list was created with input from SCDOT and mayors from all the cities in the county. They’re looking at not only county-owned roads, but state roads too.

The high priority projects include intersection upgrades like on Fairview road, widening on Ashmore Bridge Road, safety measures on Pete Hollis Boulevard, bridge replacements like on Queen street and plenty of repaving needs. A map of the high priority projects can be found here, under the “Planning for the Future: section.

“At the end of the process we have to decide whether we agree with their report or not. I think it’s going to be a great process,” said Chairman Dan Tripp.

Applications are open right now for the county’s three appointed commission seats. The only requirement is you must be a registered voter. The commission will have about two months to create the project list and send it back to council. To download the application click here, then click Download Application.

Copyright 2024 WHNS. All rights reserved.

Greenville's Gateway Project redesigned into 25-story tower with plaza, pedestrian bridge

Downtown Greenville might have another tower in its skyline.The Gateway Development, a plan that has been in the works for at least two years now, has been redesigned to be a single tower instead of two connected ones. The mixed-use project, now known as Gracie Plaza, will consist of a 25-story tower with a public plaza, residential and commercial units, and a proposed new pedestrian bridge.Sitting in the site of the old Greenville Memorial Auditorium in downtown Greenville, an area Greenville Mayor Knox White once referred to ...

Downtown Greenville might have another tower in its skyline.

The Gateway Development, a plan that has been in the works for at least two years now, has been redesigned to be a single tower instead of two connected ones. The mixed-use project, now known as Gracie Plaza, will consist of a 25-story tower with a public plaza, residential and commercial units, and a proposed new pedestrian bridge.

Sitting in the site of the old Greenville Memorial Auditorium in downtown Greenville, an area Greenville Mayor Knox White once referred to as "the Bermuda Triangle of downtown development," the proposed plans could bring a tower just as tall as the 25-story tall Daniel Building, named after the owner of Daniel International Corporation's Charles Daniel. The Daniel building is currently the tallest in Greenville.

The project does not need approval from the city council, only the review board.

The site is landlocked by Beattie Place and East North Street, with Church Street running at the base of the triangle White refers to.

Developers have pitched plans for the land over the years, including a federal courthouse, an entertainment district, a high-rise hotel and multiple proposals for apartments, according to Greenville News archives.

When first envisioned, the project aimed to be an anchor for the Cultural Corridor, named as it encompasses Greenville's Hughes Main Library, multiple museums, and the Greenville Theatre, and act as a gateway from I-385 and west from downtown, along with providing a better pedestrian experience when connecting to the Bon Secours Wellness Arena, according to the project's application in 2023.

What will the Gracie Plaza include?

Although approved last July for two connected towers, the Gracie Plaza will visit Greenville's Design Review Board once again in April for approval for a single tower and 12,000 square feet of retail and commercial space, along with 342 residential units. Around 300 units were previously approved by the board last summer.

The project comes from Miami-based group NR Investments and Johnston Design Group for the architectural details.

As previously reported by The Greenville News, the old auditorium property sold for $3 million in 2017 to Clemson hotelier Rajesh Patel.

Savannah Moss covers Greenville County politics and growth/development. Reach her at smoss@gannett.com or follow her on X @Savmoss.

Greenville County, South Carolina, council member raises concerns about capital sales tax commission

GREENVILLE COUNTY, S.C. —Greenville County is moving forward on getting a list of projects for a proposed capital penny sales tax that could be on the November ballot, but it is who will decide what is worked on that's raised some concerns.Greenville County Council voted 8-4 on Tuesday to establish the Capital Projects Sales Tax Commission. A panel of six people in the com...

GREENVILLE COUNTY, S.C. —

Greenville County is moving forward on getting a list of projects for a proposed capital penny sales tax that could be on the November ballot, but it is who will decide what is worked on that's raised some concerns.

Greenville County Council voted 8-4 on Tuesday to establish the Capital Projects Sales Tax Commission. A panel of six people in the coming months will decide which projects could be funded by a potential penny sales tax in the county.

While the county will pick half of the commission, it's the other half that has concerned County Council Member Benton Blount. South Carolina law requires the city of Greenville, the county's largest municipality, to pick one person for the commission.

"But then, that person gets to nominate two people basically on their own," Blount said. "They don't have to have anybody else to vote. To me, that seems very municipality-heavy, and again, to me, with this being a county initiative, you would think the county had more stake in that."

Council Member Liz Seman said she trusts the city's pick will have the county's best interest in mind when it comes to fixing up its roads.

"If you want to change state law, then we should think about changing state law," Seman said. "There are plenty of counties across the state that have used this method and this method of picking commissioners successfully over the years."

The potential capital sales tax could add a penny to everyday purchases, except for groceries, gas and medicine, and bring in $131 million annually, county officials said.

Some drivers said they would not support it if it's on the November ballot, pointing to the road maintenance fee the county already collects on vehicles.

However, others, like Brian Huff said they would support it if it fixes the roads.

"North Pleasantburg right here? Yeah, it's a little tough there," Huff said. "That whole left lane, yeah, you gotta drive in the median. Basically, so yeah, if they could fix that, that would be the number one issue."

Blount said he would support the proposed sales tax if council passes a resolution stating the money would pay for only roads, bridges and sidewalks.

Seman said council can make that happen.

"Ultimately, the citizens get to vote on this, and I'm very confident they will get to vote on what needs to be done," Blount said.

Council said they will begin interviewing candidates to sit on the commission beginning next week. Applications on the county's website are open until March 14 at midnight.

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Bulldogs Enjoying Experience In Greenville

State getting set for its SEC Tournament opener against Texas A&M.GREENVILLE, S.C. – It's Southeastern Conference Tournament time, and Mississippi State is gearing up to do big things in Greenville, South Carolina.Although plenty of Bulldogs have had a few years of experience playing in the league's end-of-season event, some newcomers and transfer student-athletes are getting to experience the fun that comes with it for the first time. From getting to practice in a unique place to spending quality time with tea...

State getting set for its SEC Tournament opener against Texas A&M.

GREENVILLE, S.C. – It's Southeastern Conference Tournament time, and Mississippi State is gearing up to do big things in Greenville, South Carolina.

Although plenty of Bulldogs have had a few years of experience playing in the league's end-of-season event, some newcomers and transfer student-athletes are getting to experience the fun that comes with it for the first time. From getting to practice in a unique place to spending quality time with teammates and coaches, there is so much that the event has to offer behind the scenes.

Mjracle Sheppard is no stranger to big games, but this week marks the freshman's first time playing in a collegiate conference tournament. On Wednesday, she explained some of the opportunities that she has enjoyed and the emotions she has felt throughout her first day in the Palmetto State.

"I think it's really just the excitement, really the experience, just being here with my team and getting dialed in and getting shots up and getting ready for what's about to come," Sheppard said.

State went to work early on Wednesday morning, practicing at an area high school ahead of an evening opportunity to have a shoot-around at Bon Secours Wellness Arena. The players, including Sheppard, are highly anticipating what will come when they step foot on the tournament court for the first time.

"I'm just excited to see what everything's about," Sheppard said. "I'm excited to get in the real gym where we're going to be playing."

Sheppard and her fellow freshman teammates aren't the only ones who are new to one of the league's biggest events. Senior Darrione Rogers, who joined the Dawgs ahead of the 2023-2024 season, is overjoyed to be playing against tough SEC competitors.

"I'm feeling really excited for this opportunity that we have in front of us, so it's a blessing to be here," Rogers said.

Sure, the tournament gives programs unique opportunities to practice, win big games and continue to add to their resumes ahead of the postseason, but it also serves as an incredible bonding experience for everybody involved. It's one of the things that the guard has enjoyed the most so far.

"We're all in the same hotel on the same floor and stuff, so we've been able to go in each other's room, play Uno and Connect Four and things like that," Rogers said. "We've really just been enjoying this whole process."

That's not to say that the Dawgs haven't been putting all of their focus into being the best that they can be on the court. Each of the student-athletes has one goal in mind: winning. Sheppard, who is averaging 4.9 points per game and has totaled 45 steals on the year, is focusing on how she and her team can pick up some key wins.

"Personally, for me, it's just coming out with energy on and off the bench, and for my team, just punch from the first quarter to the last quarter," the Kent, Washington, native said.

Rogers believes that the experience will help her succeed away from the hardwood as well.

"I think overall our expectation — well, for me as a person — is just to continue to grow and be the best version of myself I can be on and off the court," Rogers said. "Whatever my team needs from me, I just want to be that person, be that voice for them."

The sharpshooting guard continued:

"The expectation is just that we stay together as one, we come out with urgency and control the things that we can control."

By mimicking Rogers' mindset, the team can certainly do that, but it won't be easy. The stakes are high as State is looking to solidify a spot in the NCAA Tournament by picking up as many more victories as it can. Each game will be a battle, but the Dawgs are eager to face whatever lies ahead.

"This is the SEC, so every game is going to be difficult," Rogers said. "It's March, so we're going to get everyone's best punch, but we have to take it one game at a time."

The final push for the big dance all starts on Thursday when eighth-seeded Mississippi State tips off against No. 9 seed Texas A&M at 11 a.m. CT. The game will be televised on SEC Network.

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