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

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

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

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

 FHA Mortgages Inman, 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 Inman, SC.

Refinancing in
Inman, 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 Inman, 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 Inman, 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 Inman, 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 Inman, 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 Inman 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 Inman, SC

Trust Dan Crance

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

After hours by appointment only. CONTACT DAN

Latest News in Inman, SC

Inman takes steps to reinvigorate its downtown

The city of Inman has partnered with Main Street South Carolina in a program that city leaders hope will revitalize its downtown and prompt economic growth.Main Street South Carolina has ...

The city of Inman has partnered with Main Street South Carolina in a program that city leaders hope will revitalize its downtown and prompt economic growth.

Main Street South Carolina has for 40 years served as a technical assistance program intended to empower communities as they revitalize their traditional business districts, encouraging economic development and historic preservation.

Inman Planning Director April Williams said the city benefits from tools and resources such as design and marketing assistance provided through the program, which offered under the auspices of the Municipal Association of South Carolina.

“It’s a holistic approach to help us look at the program as a whole and not just hyper focused on one thing,” she said. “For example, we have events throughout the year, but we just can’t focus on these and bringing people here for only a few times a year. We need more daily and weekly engagement, and the leadership team will help us grow these aspects of our community.”

“They have done great work in many S.C. cities and there is a strong push to let everyone know who they are and that they’ve been here for a while,” said Williams.

Williams said the city initiated interest in the program after she started in her current position in January 2022.

“This is something the city leadership has been wanting to do for a while, but the administrator didn’t have the bandwidth,” she added. “This was one of the things I was tasked with when I joined the city, and now it is great timing to tie into this program that will heavily benefit our community.”

The Main Street resource team will assist with making sure Inman is more recognizable as a community and community development partner, said Williams.

The city is in the data collection process, surveying the communities in Inman for feedback on what residents would like to see in their city. The Main Street resource team will be meeting with stakeholders and holding town hall meetings, in addition to collecting data from city residents at the end of February through early March. They will then compile a presentation on the next steps in the program process and what they need to be successful, said Williams.

​“This program will be more of an affirmation that we were already going in the right direction as a city with all the growth and work leadership has done,” said Williams. “It’ll be nice to hear we are doing the right things but also what else we can do to improve by taking the necessary steps to get there. This type of program also really highlights the importance of networking and connections.”

Zip Trip: History of Inman

About InmanINMAN, S.C. (WSPA) – Inman was established in 1882 and has a sweet history because they were once known for their peaches.They even claimed to be the peach capital of the world.Local historians said Inman got its name because of the railroad and not anyone from the town.Local Historian Pete Miller said it was named after the President of the railroad company in Atlanta Samual David Inman.“It was just a crossroad of two roads,” Miller said. “Howard Gap and Blackstock.&rdq...

About Inman

INMAN, S.C. (WSPA) – Inman was established in 1882 and has a sweet history because they were once known for their peaches.

They even claimed to be the peach capital of the world.

Local historians said Inman got its name because of the railroad and not anyone from the town.

Local Historian Pete Miller said it was named after the President of the railroad company in Atlanta Samual David Inman.

“It was just a crossroad of two roads,” Miller said. “Howard Gap and Blackstock.”

Families that lived in the unsettled town convinced the railroad to pass through Inman.

“When they came through, they promised to build a little depot,” Miller explained. “Not only that but to divide off a few acres of land dedicated to a little town in the future.

The town started small, fit with businesses like a blacksmith, a bank and even a barber shop that all started where the depot was.

Inman was soon surrounded by much bigger industries like textile and cotton mills but they were making a much sweeter product.

According to Miller, “After cotton, peaches were the most important crop.”

Miller said, Inman was known as the peach capital of the world and sent 100 boxcars of peaches out a day in the 30s.

Longtime resident Roger Newman said he grew up on a peach farm.

“I grew up on a farm long enough to know I never want to be on one again.”

Newman stuck to his word and opened “The Frame House” in Inman over thirty years ago and said he sees the old and new of Inman.

“I see so many people from all parts of the country that have moved in here,” Newman said.

He said, they make their way to Inman for several reasons but one sticks out the most.

“They like the area, they like the weather but mostly what you hear they like the people because people are friendly.”

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Inman eyes growth as Saluda Grade Trail project nears reality

With $27 million in funding approved by North and South Carolina legislatures in the past 18 months, the proposed Saluda Grade Trail is looking inevitable.Perhaps no community is counting on its promise more than the town that sits on the trail’s southern starting point.For the people of Inman, a proud community nestled on the doorstep of the Blue Ridge Mountains in northwestern Spartanburg County, years of effort to bring new life to the community’s downtown are finally paying divi...

With $27 million in funding approved by North and South Carolina legislatures in the past 18 months, the proposed Saluda Grade Trail is looking inevitable.

Perhaps no community is counting on its promise more than the town that sits on the trail’s southern starting point.

For the people of Inman, a proud community nestled on the doorstep of the Blue Ridge Mountains in northwestern Spartanburg County, years of effort to bring new life to the community’s downtown are finally paying dividends.

But what makes local municipal and business leaders almost giddy with excitement is how the proposed trail is likely to amplify and accelerate Inman’s economic prosperity.

Laying the groundwork

The proposed trail would cover roughly 31 miles running north from Inman, through Campobello and Landrum in South Carolina, then through Tryon and Saluda in North Carolina before ending in Zirconia, North Carolina. The path will follow the historic but inactive Saluda Grade rail line, which is being purchased from Norfolk Southern.

The effort is coordinated by Upstate Forever and PAL — Play. Advocate. Live Well. — in South Carolina and Conserving Carolina in North Carolina.

The promise of a new rail trail connected to the heart of Inman’s downtown seems to be an affirmation of the years of hard work by town residents and leaders to revive what was for decades known as the “fresh peach capital of the world,” according to Mayor Cornelius Huff.

Known to lifelong residents and newcomers alike as “Cornchip,” Huff has spent decades in public service to the people of his hometown, first as a volunteer for the local fire service — where he earned his nickname — and later as an EMT. For the last 20-plus he has served the city’s government, first as a member of City Council. He became mayor in 2014.

“You’re planting seeds all along the way … and now the seeds are coming up and we’re seeing the plants and the flowers and now they’re starting to bloom. It’s harvest time for Inman.” — Inman Mayor Cornelius Huff

From the beginning of his time in city government, Huff said he was always motivated by the vision “to see Inman come alive again.”

Over the years, there have been many efforts to make that vision a reality, but there was one overriding obstacle in the way: the city’s former strong-mayor government. It effectively allowed the mayor to override the City Council and hamper the type of collective action community revitalization depends on. Huff saw this firsthand as a council member and ran for mayor in 2014 on the platform to change Inman’s structure to a council-administrator model.

“I was able to be a part of that transition — the good, the bad and the ugly,” he said. “It takes a team to make things grow and to win the game.”

Allowing the mayor and council to have an equal voice in charting the city’s future combined with bringing a professional administrator in to run the city’s day-to-day operations helped Inman get ready for the growth the Saluda Grade Trail will almost certainly bring, Huff said.

Being clear-eyed and proactive in meeting that growth is one of the main jobs of Joe Lanahan, the city administrator, who came to the role in 2020 after stints as recreation director for the city of Mauldin and, prior to that, as a program manager for Greenville County’s Parks, Recreation & Tourism Department.

Lanahan said he saw how the Prisma Health Swamp Rabbit Trail went from the modest idea of a 12-mile trail connecting Travelers Rest and downtown Greenville to an expanding trail network that has revitalized nearly every community it touches.

With 3 miles of the proposed Saluda Grade Trail traversing virtually the entirety of Inman’s downtown, the impact to the city is expected to be transformative.

“It’s very, very exciting,” Lanahan said.

Momentum building

The momentum of Inman’s efforts to reignite interest in its downtown has become palpable in recent months.

Beyond a streetscape project that beautified and updated Main Street, new businesses have come downtown and brought an increasing number of visitors.

Huff and Lanahan credit these entrepreneurs for staking their financial livelihoods on the vision that Inman is entering a new phase of growth and prosperity.

Among those businesses bringing new life — and foot traffic — to Inman is The Crepe Factory, which opened in downtown Spartanburg in 2016 but moved to its 12 S. Main St. location in Inman in 2021.

Lanahan said the restaurant not only brought its loyal customer base to Inman, but serves as a magnet for new visitors. Likening such businesses to the major department stores that served as anchors to underpin the commercial appeal of suburban malls, Lanahan said they help signal Inman is a great place to be.

That idea was among the motivations that prompted Jim and Carin Holliday to build their new Holliday Brewing manufacturing and distribution facility in downtown Inman. The custom-built 9,000-square-foot brewery and taproom is located at 12 Prospect St., a block north of Main Street.

It joins the company’s Drayton Mills Marketplace location in Spartanburg and will feature food offerings in partnership with Spartanburg’s Burgers & Bakery.

Jim Holliday said Inman offered the right opportunity at the right time for his company’s expansion. The planned trail promises to make that future even brighter.

Saluda Grade Trail fast facts

Did you know?

Inman is home to Inman Mills, founded by James Chapman in 1901 and one of only a handful of historic textile firms still in operation. The contributions of the Chapman family are commemorated in Inman’s Chapman High School and Spartanburg’s Chapman Cultural Center. Among the family’s notable members is celebrated singer, songwriter, author and actress Marshall Chapman.

South Carolina woman captures video of what looks like cougar; experts weigh-in

INMAN, S.C. —A South Carolina woman who set up her phone camera at sunset over the weekend captured more than she expected."I was just trying to get the sunset on video, actually," Brianna Oliver said of the images she took from a field off Asheville Highway in Inman.Brianna OliverWhen Oliver went over the time-lapsed video she took on Saturday, she discovered an animal running across the screen."I saw what was there, and I was like, 'What is that?' I asked my boyfriend...

INMAN, S.C. —

A South Carolina woman who set up her phone camera at sunset over the weekend captured more than she expected.

"I was just trying to get the sunset on video, actually," Brianna Oliver said of the images she took from a field off Asheville Highway in Inman.

Brianna Oliver

When Oliver went over the time-lapsed video she took on Saturday, she discovered an animal running across the screen.

"I saw what was there, and I was like, 'What is that?' I asked my boyfriend," Oliver said.

"I’m pretty sure that’s bigger than a cat," she told him.

Oliver posted video and pictures to a neighborhood Facebook page, and the comments confirmed what she suspected: that it was a cougar or mountain lion.

"I think it’s a mountain lion, personally," she said. "It’s not the first one I’ve seen out there, but people don’t believe you because they say it’s not native here."

We showed the video to Greg Yarrow, a wildlife biologist and professor of wildlife ecology at Clemson University.

He said his first reaction was that it might be an animal that escaped Hollywild, the wild animal preserve on Hampton Road in nearby Wellford.

Brianna Oliver

"These occasional sightings are usually either misidentified, or they’re animals that may have escaped or sometimes people will get kittens and raise them as pets," Yarrow said.

WYFF News 4 contacted Hollywild, and officials said all their animals were present and accounted for.

Still, Yarrow said wildlife experts are in agreement that the Eastern cougar, or mountain lion, is not found breeding or free-roaming in this area.

"Certainly, it’s interesting in terms of being able to see that (animal) roaming across the field there, but that’s pretty much where were are right now," Yarrow said. "There’s really not been any documented — at least in South Carolina — cases of cougars free-roaming."

He said the closest breeding populations of cougars are in South Florida, in the Everglades, and in the Big Cypress Swamp area.

More news (video will continue after links.)

Another interesting element to the video comes about 15 minutes or so, in real-time, after the animal runs through the area. Another animal that looks like a deer is seen to the far left, running around off-screen.

Yarrow said that although wild cats can travel a long range, the possibility that this could be one that is migrating through the area is pretty rare.

As for Oliver, she said she's just glad she wasn't out there when the cat was there. She also said she's getting support from her neighbors about the post.

"It’s just crazy how many reactions it got and how many people believe, like I do, that they’re around," she said.

Jay Butfiloski, with the South Carolina Department of Natural Resources, said this after looking at the video:

"There is nothing in this video that would make me think this was a big cat. There is no substantial tail, and the body appears smaller. A mountain lion should have a thick long, and black-tipped tail," he said.

Yarrow said several years ago there was a report of a cougar on Clemson’s campus.

He said one of the schools naturalists was actually able to catch up to it and discovered it was an exotic breed of dog that looked very similar to that type of body of a cougar.

"Yeah, that was almost convincing," Yarrow said. "You look at the photographs and you just can't tell."

TruAmerica Plans $86 Million Build-for-Rent Development in South Carolina

Horizontal construction at the site in the city of Inman, SC is slated to begin in Summer 2024, and vertical construction is anticipated to commence on the project in December 2024. Delivery of the first units is scheduled in Summer 2025.TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, acquired a 33-acre site in the Spartanburg, South Carolina market and announced plans to develop Hartley View, an $86-million Build-for-Ren...

Horizontal construction at the site in the city of Inman, SC is slated to begin in Summer 2024, and vertical construction is anticipated to commence on the project in December 2024. Delivery of the first units is scheduled in Summer 2025.

TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, acquired a 33-acre site in the Spartanburg, South Carolina market and announced plans to develop Hartley View, an $86-million Build-for-Rent (BFR) community.

The land acquisition sets the stage for TruAmerica’s first BFR development, which will encompass 281 units and includes a mix of 214 front-loaded townhomes, as well as 67 detached, front-loaded single-family residences.

The property is situated on a site 15 minutes north of downtown Spartanburg, near BMW’s manufacturing facility with more than 10,000 full-time employees. The market is home to a host of companies that support BMW’s operations. The location within the Greenville-Spartanburg area ideally sits at a mid-point in a key Mid-Atlantic goods movement corridor between Atlanta, GA and Charlotte, NC, along Interstate 85 that is also connected by critical rail transportation lines. The vibrant market includes a dynamic mix of jobs, retail services and attractions within a path of growth.

Purpose built BFR communities typically offer a larger array of amenities that appeal to the lifestyles and interests of a wide range of renters today, especially since they live like a single-family residence. They also help meet housing demand in markets facing an undersupply.

“Hartley View is our inaugural Build-for-Rent development, and the community represents the culmination of a strategic endeavor that commenced last year with the launch of a BFR platform as part of TruAmerica’s overall portfolio of workforce housing communities across the U.S,” said Mitch Rotta, Senior Managing Director, and Head of Build-for-Rent at TruAmerica. “Our BFR strategy is anchored on building communities in hyper-growth markets, near strong and expanding employment bases. Our BFR projects are designed to appeal to both renters by choice, as well as by necessity, who are seeking a single-family residential living style, along with the amenities found in today’s popular apartment communities.”

“We are fortunate to be in a strong position as we move forward on Hartley View, since we’ve already completed our acquisition due diligence and secured land financing,” said Rotta. “Those factors contribute to our confidence that we are aligned with investor interests around pursuing deals in a challenging market with higher thresholds, while appealing to land and homebuilder networks seeking third-party BFR partners in California and the SMILE states.”

Brad Morris of New Deco, Inc. represented the seller, Converse Development. The buyer was not represented in the transaction.

“Pursuing BFR community developments like Hartley View is a natural extension of TruAmerica’s workforce housing platform because it complements the same demographics that make up our Class B multifamily strategy,” said Robert E. Hart, founder, CEO, and President of Los Angeles-based TruAmerica. “Our BFR communities provide yet another housing option for working-class Americans who can’t afford to own a home or would just prefer to rent.”

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