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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

Railroad Avenue extension connects city of Hanahan after 20 years of delays

HANAHAN — A parade of emergency response vehicles and a school bus were the first to drive a newly opened mile-long stretch of Railroad Avenue, a road project recently completed after years of work.The extension runs from Mabeline Road to Eagle Landing Boulevard, adding a two-lane roadway along the eastern side of the existing CSX rail line, with a sidewalk along one side of the road.Though only a mile, the new stretch connects the northwest corner of the city, where several neighborhoods and Hanahan Elementary School are...

HANAHAN — A parade of emergency response vehicles and a school bus were the first to drive a newly opened mile-long stretch of Railroad Avenue, a road project recently completed after years of work.

The extension runs from Mabeline Road to Eagle Landing Boulevard, adding a two-lane roadway along the eastern side of the existing CSX rail line, with a sidewalk along one side of the road.

Though only a mile, the new stretch connects the northwest corner of the city, where several neighborhoods and Hanahan Elementary School are, to the rest of the city, said Mayor Christie Rainwater.

Prior to the extension, drivers had to take a roundabout route and cross the railroad tracks twice.

“In order to get to the Eagle Landing ... part of the city, you actually had to leave the city, cross over the railroad tracks, go to another city (North Charleston), and then go down Rivers Avenue, cross back over the railroad tracks and get back into (Hanahan),” she said. “So obviously it was inconvenient to say the least.”

It was also completed after more than two decades of delays, which ballooned the cost from a $4 million federal earmark in the 1990s to more than $20 million by the time the county broke ground on the project in 2021.

Berkeley County’s 1 percent sales tax to pay for infrastructure contributed more than $16 million to the funding.

Officials said the delays were due to a number of bureaucratic hurdles and discussions between the county, the S.C. Department of Transportation and CSX, all of which had to review and approve various aspects of the project. Funding issues contributed as well, Rainwater said — the longer other delays took, the more expensive the project became and the more time it took to secure further funding.

Town and county officials held a ribbon cutting for the road extension on March 17, with a cohort of former mayors and other public officials in attendance such as former U.S. Rep. Henry Brown, who helped secure the initial federal earmark. Officials, local emergency responders and other attendees took to the school bus and emergency vehicles to drive through a blue ribbon and up the mile of road.

Rainwater said the extension saves at least 10 minutes of driving, and that’s without traffic and train-related delays. During rush hour or when a train is stopped on the tracks, it took even longer for drivers to get to their destination.

Berkeley County Supervisor Johnny Cribb pointed out it will also help ease congestion on Rivers Avenue.

“Think about all the cars that leave Hanahan, go out on Rivers Avenue, go to the intersection of Ashley Phosphate and Rivers needlessly every single day,” he said. “Every one of those cars are now pulled off that road, so that helps regional transportation.”

It was also a public safety issue when emergency vehicles are trying to get to the northwest part of town, Rainwater said.

Though acknowledging that not all road projects take so long, attendees at the ribbon-cutting made a number of jokes about the length of time it took to complete the extension. Rainwater said one resident called her reporting that her daughter was about to graduate from high school and to ask if the student could drive it before she left for college.

“If anybody here has got a good idea on a road project that might be done in the next 30 years, let us know today before you leave so we can get it done in your lifetime,” Cribb joked.

Cribb pointed out each county has a “dinosaur” of an infrastructure project that has taken years to complete, referencing the Highway 526 in Charleston County and the Berlin G. Myers Parkway in Dorchester County. The Railroad Avenue extension has been Berkeley County’s, he said.

New Hanahan recreation complex adds tremendous value to city of Hanahan

HANAHAN, S.C. (HOLY CITY SINNER) — Press ReleaseSeamonWhiteside (SW+), a full-service site design firm throughout the Carolinas, is nearing completion of the brand-new Hanahan Recreation Complex.This multi-use recreation project is the first to open since the City of Hanahan’s large population growth over the last several years and is a much-needed addition to the community.The new complex located in Hanahan off of Henry Brown Boulevard and adjacent to Bowen’s Corner Elementary School, will bri...

HANAHAN, S.C. (HOLY CITY SINNER) — Press Release

SeamonWhiteside (SW+), a full-service site design firm throughout the Carolinas, is nearing completion of the brand-new Hanahan Recreation Complex.

This multi-use recreation project is the first to open since the City of Hanahan’s large population growth over the last several years and is a much-needed addition to the community.

The new complex located in Hanahan off of Henry Brown Boulevard and adjacent to Bowen’s Corner Elementary School, will bring great value to the City’s residents and the Berkeley County School District with many added facilities and recreational uses.

SeamonWhiteside is the lead consultant on this $12M+ project and has worked closely with the City of Hanahan since 2016.

The firm provided Programming/Master Planning, Budgeting Assistance, CDs, Permitting, Bid Administration and Procurement, and Construction Administration.

The complex will offer dog parks, walking trails, courts for tennis, volleyball, and basketball, a playground, a multi-purpose recreation building, public parking, restrooms, picnic areas including a covered pavilion, and synthetic and natural sports fields.

“The project is nearing the finish line, and we can’t wait for the City of Hanahan residents to experience what we’ve been working on over the last several years. Located just steps away from Bowen’s Corner Elementary School, this will be a convenient and accessible resource for the community,” says Jennifer Palmer, Director of the SeamonWhiteside Summerville Office. “A fun fact about this project was the property used to be owned by the Federal Government Joint Base Charleston and was part of an old blast zone for testing missiles. All of the natural wetlands remain undisturbed and we utilized a timber bridge, designed by York Bridges, with a very natural park-like aesthetic for the road crossing spanning the wetland to join the two sides of the complex. It is thrilling to see it all come to life and I cannot wait to see it being utilized by the community.”

SeamonWhiteside worked closely on this project with Southeastern Surveying, ECS, Critical Systems Engineering, McSweeney Engineers, and architect Chris Karpus.

The Hanahan Recreation Complex began construction in June 2021 and is now nearing completion, with an expected finish and open date in early 2023.

To learn more about SeamonWhiteside, visit www.seamonwhiteside.com.

Reelected Hanahan mayor talks past, present and future of city

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 t...

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.

New Hanahan football coach makes move from Peach State

Hanahan High School’s next football coach has won better than 72 percent of his games in three Peach State stops as a head coach, including one state championship.Milan Turner has certainly been around a lot of winning football going back nearly three decades.Counting his time as an assistant coach in the mid-1990s, Turner has been on the sideline for six state championship games with five programs. Two of those won it all in Georgia, where he’s coached his whole career until now.“We are elated to welco...

Hanahan High School’s next football coach has won better than 72 percent of his games in three Peach State stops as a head coach, including one state championship.

Milan Turner has certainly been around a lot of winning football going back nearly three decades.

Counting his time as an assistant coach in the mid-1990s, Turner has been on the sideline for six state championship games with five programs. Two of those won it all in Georgia, where he’s coached his whole career until now.

“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.”

Most recently, though, Turner was on the college level for one season, serving as the director of high school relations for the Georgia Southern football program.

Before Georgia Southern, where he earned his undergraduate and Master’s degrees, Turner compiled a 112-43 mark over 13 seasons as a head coach for three Georgia programs: Emanuel County (2005-10), Thomson (2011-13) and Veterans (2018-21). Turner’s teams won 65 games in six seasons at Emanuel, claiming the Class A crown in 2007 and finishing runner-up in 2008. He was 24-10 at Thomson and 23-21 at Veterans, both marks skewed heavily by one rough season.

In between Thomson and Veterans, Turner was on staff at Coffee High School for four seasons. Coffee was the Class 6A runner-up in 2017. He was also an assistant for the Class 4A state champion at Warner Robins in 2004 and played for state titles as an assistant at 2A Fitzgerald in 2000 and 2A Screven County in 1994.

Turner takes the reins from interim coach Steve Blanchard, who guided the Hawks for most of the season after Art Craig stepped away mid-season and eventually retired.

Last fall, Hanahan started off 6-1 and dropped three straight to finish 6-4 after a first-round playoff loss to Brookland-Cayce.

“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,” Coach Turner said in a statement released by HHS. “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.”

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.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 sa...

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.

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

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