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

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

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

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

 FHA Mortgages Hanahan, 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 Hanahan, SC.

Refinancing in
Hanahan, 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 Hanahan, 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 Hanahan, 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 Hanahan, 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 Hanahan, 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 Hanahan 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 Hanahan, SC

Trust Dan Crance

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

After hours by appointment only. CONTACT DAN

Latest News in Hanahan, SC

Reelected Hanahan mayor talks past, present and future of city

After being reelected for another term on Tuesday, Hanahan Mayor Christie Rainwater is already preparing for the next four years.HANAHAN, S.C. (WCSC) - After being reelected for another term on Tuesday, Hanahan Mayor Christie Rainwater is already preparing for the next four years.In this year’s election, no opponents ran against Rainwater, which she says was a relief to not sit on the edge of her seat and worry about winning or not.“I feel like the residents of the city have seen the work I’ve put in, a...

After being reelected for another term on Tuesday, Hanahan Mayor Christie Rainwater is already preparing for the next four years.

HANAHAN, S.C. (WCSC) - After being reelected for another term on Tuesday, Hanahan Mayor Christie Rainwater is already preparing for the next four years.

In this year’s election, no opponents ran against Rainwater, which she says was a relief to not sit on the edge of her seat and worry about winning or not.

“I feel like the residents of the city have seen the work I’ve put in, and they want that to keep going,” she says. “They want the momentum to continue, and no one ran against me. I’m able to really continue keeping that momentum going.”

The Hanahan City Council and school board members were all reelected on Tuesday, and the mayor says will continue as a strong partnership because of the established relationships.

Similar to the rest of the Lowcountry, Hanahan continues to grow. Rainwater focused on building economic development and recreation in the area by adding two new parks over the last four years.

“Really bringing this quality of life to the residents is what we’ve been doing over the past four years and will continue to do over the next four,” she says.

As for the upcoming four years, the mayor really wants to focus on flooding concerns, more economic growth and additional housing for the community. She also mentioned that the Lowcountry Rapid Transit plans include four stops that will positively impact Hanahan.

“We are really looking at our specifically downtown area and how can we allow for housing that will work for everyone,” Rainwater says. “We have changed the ordinances over the past few years that will allow for us to build up a little higher and bring that in.”

The mayor also expressed that Hanahan has a small-town feel despite being the seventeenth-largest city in South Carolina.

“I like to say I bleed blue and orange,” she says. “Hanahan is the heart of the Lowcountry. When you look at its location, you’ve got downtown Charleston, Summerville, Mount Pleasant, West Ashley, and right in the heart, you’ll find Hanahan. The truth is, it’s not just because of its location; the people in Hanahan are so special.”

Copyright 2022 WCSC. All rights reserved.

Milan Turner named head football coach at Hanahan High School

HANAHAN, S.C. —Milan Turner has Carolina on his mind.Turner, who was head coach at three different Georgia high schools, has been named the new head coach at Hanahan High School in South Carolina.AdvertisementTurner had successful head coaching stints at Emanuel County Institute (2005-2010), Thomson (2011-2013) and Veterans (2018-2021). He served as the director of high school relations for the Georgia Southern football program in 2022.This content is imported from Twitter. You may be...

HANAHAN, S.C. —

Milan Turner has Carolina on his mind.

Turner, who was head coach at three different Georgia high schools, has been named the new head coach at Hanahan High School in South Carolina.

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Turner had successful head coaching stints at Emanuel County Institute (2005-2010), Thomson (2011-2013) and Veterans (2018-2021). He served as the director of high school relations for the Georgia Southern football program in 2022.

This content is imported from Twitter. You may be able to find the same content in another format, or you may be able to find more information, at their web site.

Thank you to Coach Helton, Staff, Players, Administration and Eagle Nation for an exciting journey this year. Thank you for letting me be a small part of something Special! The future is bright at Georgia Southern, You ain’t seen nothin’ yet! #GATA #HailSouthern pic.twitter.com/yaTU5ZqoUv

— Milan Turner (@MilanTurner_GS) January 25, 2023

Turner compiled a 112-43 record over 13 seasons as a head coach in the Peach State. He would lead Emanuel County Institute to 65 wins and a state championship in 2007. The Bulldogs would finish GHSA Class A runner-up in 2008.

“We are elated to welcome Coach Turner to the Hawk family,” Hanahan High Principal Tom Gallus said. “Our community is very fortunate to have a coach of this caliber to lead and develop our student-athletes on and off the field. Coach Turner is a proven educator and leader. He knows what it takes to build a successful high school football program and to ensure that each student is prepared for their next steps after high school. I look forward to serving alongside Coach Turner and seeing our Hawks shine under the Friday night lights.”

Turner takes over a Hanahan program that went 6-4 in 2022. He replaces interim coach Steve Blanchard, who took over after Art Craig stepped away and eventually retired.

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Turner has been an educator since 1994. Prior to becoming a head coach, he spent time as an assistant at several Georgia schools. Turner has coached in six GHSA state championship games during his time at five different Georgia high schools.

He has been named the North/South All-Star Head Coach, Region Coach of the Year, Atlanta Touchdown Club Class A Coach of the Year, GACA Class A State Coach of the Year, and was selected to coach in the 2008 Under Armour national all-star game.

This content is imported from Twitter. You may be able to find the same content in another format, or you may be able to find more information, at their web site.

Can’t thank you enough for what you mean to our football family coach! You were meant to be apart of kids lives! We will all be cheering for you in South Carolina! https://t.co/ttjDWBHhqO

— Clay Helton (@GSCoachHelton) January 25, 2023

Hanahan fitness center seeking help from the community

HANAHAN, S.C. (WCBD) – The owner of a fitness training company in Hanahan that has been working with kids and adults for a few years is calling on the community to help keep his business open.Kendrick Robinson opened The Factory Sports and Fitness Training in Hanahan a year before the coronavirus pandemic hit the United States to help train people in basketball, football, and other athletics.“It was something that God brought to...

HANAHAN, S.C. (WCBD) – The owner of a fitness training company in Hanahan that has been working with kids and adults for a few years is calling on the community to help keep his business open.

Kendrick Robinson opened The Factory Sports and Fitness Training in Hanahan a year before the coronavirus pandemic hit the United States to help train people in basketball, football, and other athletics.

“It was something that God brought to me. He gave me a vision,” said Robinson. “I wanted to have a facility where the youth in our community could (better) selves and have a safe place where they can come and train.”

“He always helps out. He helps out with kids like schoolwork and stuff like that before training,” said Christian Gray, who has been coming to the program for four years.

Robinson said working with the youth is his passion. But things have been tough financially, he said.

“Our rates are really not expensive, but if they’re not able to do training, we try to do charitable giving would give out free sessions,” explained Robinson.

He went on to say, “We kind of gotten [sic] to a rough patch since Covid. We had a business plan, and it kind of altered all of that, and we’ve been playing catch-up ever since.”

Robinson decided Sunday to let the public know they might have to close next month and started a GoFundMe in hopes of finding some assistance.

“Not something I wanted to go public with, but closed mouths don’t get fed. God revealed that to me, he told me to make sure I keep this place open and get the help that we needed from the community. The response has been, man amazing.”

More than $2,500 has already come in from the community, of the $10,000 they need.

“It’s been amazing to get all the feedback and support from the supporters we’ve had over the years and knowing that we’re doing the right thing just by being transparent with the community and letting them know that it hasn’t always been easy.”

If you would like to help, please click here.

Hanahan Middle School student wins Lowcountry regional spelling bee, Spellbound!

Last year, Siqi Fang, an eighth grader at Hanahan Middle School in Berkeley County, didn’t make it to the Spellbound! Bee, the Lowcountry’s only regional bee officially sanctioned by the Scripps National Spelling Bee.She was knocked out of the competition at the district level.This year, standing under the beaming spotlights at Charleston Southern University’s Lightsey Chapel, her left palm turned upwards to mimic her college ruled paper and her right hand holding an imaginary pen, Fang spelled the winning wor...

Last year, Siqi Fang, an eighth grader at Hanahan Middle School in Berkeley County, didn’t make it to the Spellbound! Bee, the Lowcountry’s only regional bee officially sanctioned by the Scripps National Spelling Bee.

She was knocked out of the competition at the district level.

This year, standing under the beaming spotlights at Charleston Southern University’s Lightsey Chapel, her left palm turned upwards to mimic her college ruled paper and her right hand holding an imaginary pen, Fang spelled the winning word.

“F-E-R-R-U-G-I-N-O-U-S,” she said, meaning of, relating to or containing iron.

All eyes glued to center stage, cheers and applause erupted from the crowd.

The contest had gone down from 30 students to two: the other was Zachary Teachman, a student at Thomas C. Carlo Middle School in Charleston County.

Teachman was given the word “epenthesis,” which is defined as the insertion of a sound or letter in the body of a word.

The bell, notorious for sending rows of competitors to sit on the other side of the stage to watch the remaining spellers, followed, echoing throughout the chapel.

Suddenly, the bee sting on Fang’s right finger that had pestered her the past few days felt obsolete.

“I was kind of nervous,” Fang told The Post and Courier after posing for myriad photos with her winning trophy. “My competitor was also really good.”

Fang would have to spell the word correctly along with one final word to win.

“This year she seemed to be more comfortable on stage,” Fang’s mother, Cui He, told The Post and Courier.

“I’m maturing,” Fang interjected proudly.

Students go through an intense series of elimination rounds to compete in Spellbound! They have to win their school and district spelling bees to qualify. More than 40,000 students compete for the finals.

The contest this year marked the bee’s 31st anniversary and represented students from Charleston, Berkeley, Colleton, Dorchester 2 and 4 school districts, the Catholic Diocese of Charleston, and S.C. Independent School Association.

The Post and Courier is a sponsor of Spellbound!

The winner advances to the virtual preliminary rounds of the Scripps National Spelling Bee. Those who make it through the virtual preliminaries go to National Harbor, Md., to compete for the champion title.

Veteran Georgia high school coach becomes new head football coach at Hanahan High School

HANAHAN, S.C. (WCIV) — Hanahan High School has named Milan Turner as the next varsity football coach.Turner was announced as the high school's head football coach in a press release on Jan. 24.Read more: 4 months after departure, BCSD says former Hanahan HS head coach A...

HANAHAN, S.C. (WCIV) — Hanahan High School has named Milan Turner as the next varsity football coach.

Turner was announced as the high school's head football coach in a press release on Jan. 24.

Read more: 4 months after departure, BCSD says former Hanahan HS head coach Art Craig retired

“We are elated to welcome Coach Turner to the Hawk family,” Hanahan Principal Tom Gallus said in a statement. “Our community is very fortunate to have a coach of this caliber to lead and develop our student-athletes on and off the field. Coach Turner is a proven educator and leader. He knows what it takes to build a successful high school football program and to ensure that each student is prepared for their next steps after high school. I look forward to serving alongside Coach Turner and seeing our Hawks shine under the Friday night lights.”

According to the press release, Turner has been an educator since 1994 and has coached in six state championship games during his time at five Georgia high schools. He was most recently serving as the director of high school relations on the football staff for Georgia Southern University.

Read more: Hanahan High School announces interim head football coach in place of Art Craig

"First, I would like to thank Coach Clay Helton and Georgia Southern University for the incredible opportunity I had to serve this year on the football staff," Turner said. "I want to also thank Principal Tom Gallus, Athletic Director Kim Joseph, the search committee, and the Berkeley County Board of Education for this incredible opportunity to be a teacher and head football coach at Hanahan High School. I am extremely excited for the future of our school and athletic program. I cannot wait to get to work with our team and to meet the Hanahan community. Wendi and I feel extremely blessed."

"Thank you to Coach Helton, Staff, Players, Administration and Eagle Nation for an exciting journey this year. Thank you for letting me be a small part of something Special! The future is bright at Georgia Southern, You ain’t seen nothin’ yet! #GATA #HailSouthern," Turner's Twitter post read.

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