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 Isle of Palms, SC, who can educate you on mortgage rates and provide trustworthy guidance to help you make an informed decision.
My name is Dan Crance - Isle of Palms'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 Isle of Palms, 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.
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.
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 Isle of Palms, 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 Isle of Palms, Dan Crance will help you choose the home loan, interest rate, term options, and payment plans that fit your unique situation.
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).
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 Isle of Palms, SC - Dan Crance.
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.
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.
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.
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.
ISLE OF PALMS, S.C. (WCIV) — There are less than 25 days until a big decision is made on the Isle of Palms.Should short-term rental licenses be capped at 1,600?"We moved here deliberately," said Billy Lempesis, a resident of IOP, "understanding that it was a beach community. I have family here. It's always been a wonderful place. It's hard to understand the necessity of restricting short-term rentals."Isle of Palms residents to decide on capping short-term rental licenses in upcoming vote (WCIV)...
ISLE OF PALMS, S.C. (WCIV) — There are less than 25 days until a big decision is made on the Isle of Palms.
Should short-term rental licenses be capped at 1,600?
"We moved here deliberately," said Billy Lempesis, a resident of IOP, "understanding that it was a beach community. I have family here. It's always been a wonderful place. It's hard to understand the necessity of restricting short-term rentals."
Isle of Palms residents to decide on capping short-term rental licenses in upcoming vote (WCIV)
Many people say they're still unsure how they will vote.
"There's a lot more information that people need to find out if they're not clear because there's a gray area," said Debbie Strable, a resident of IOP for 22 years. "It is not what black and white, it's not quite clear to a lot of people. And it certainly isn't maybe 100% to me."
News 4 spoke with Mayor Phillip Pounds on Friday.
He said the city already has a little over 1,600 licenses issued.
News 4 asked him if this passes, would it impact property value and property taxes.
To that, he said he didn't think there would be an immediate effect on either one.
he also made a comparison to other Lowcountry beaches.
"If you look at what's going on at Folly Beach, who put a cap in earlier this year, you know, their, their property values have gone down, you know, pretty significantly in just a few months," said Pounds.
Mayor Pounds said it's most important to know exactly what it is you're voting for.
"I would just encourage our residents to get educated, you know, from whatever source they use, to get their facts," Pounds said. "You know, whether it's the city's website or their couple of neighborhoods sites that have popped up. Uh, you just make sure you're educated on what your choice is."
A petition was created to get this referendum on the ballot.
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Right now, IOP is the only Lowcountry beach community without a short-term rental cap.
If you are planning a family vacation to the SC coast, a stellar beach to visit is Isle of Palms. Things to do at IOP near Charleston are endless. Isle of Palms is convenient, family-friendly, and fun. You can even make a fun day trip out of it! She shares all the information that you need, including things to do, where to eat, and how much parking costs if you’re just planning a quick day trip at this local South Carolina beach. About Isle of PalmsRecently my family traveled to Charleston to ...
If you are planning a family vacation to the SC coast, a stellar beach to visit is Isle of Palms. Things to do at IOP near Charleston are endless. Isle of Palms is convenient, family-friendly, and fun. You can even make a fun day trip out of it! She shares all the information that you need, including things to do, where to eat, and how much parking costs if you’re just planning a quick day trip at this local South Carolina beach.
Recently my family traveled to Charleston to spend the day at Isle of Palms. Yes, you read that right – we went for the day. Isle of Palms is completely doable as a day trip. It’s perfect if you’re like me and live on a budget but long to breathe in the salt air.
Let me tell you, I was so impressed. There’s a quaint beachfront road lined with restaurants and shops. The shops are your typical beach shops filled with t-shirts, trinkets, and every size/shape boogie board to hit the market. You know, the kind of shops full of souvenirs found only on the coast.
There are also plenty of unique places to eat, a wonderful and clean beach, and fun shops to explore!
One of the best things to do while in town is to head to the beach. The beach at IOP is flat, and there is plenty of room, even during high tide. The boys had a great time with boogie and skimboards. You can also spend the day looking for seashells, building sandcastles, or just enjoying the sounds of the Atlantic Ocean. You can occasionally catch live music right by the dunes!
South Carolina’s crazy weather pattern has created a more hazardous environment for swimmers, so always be cautious of rip tides. In the midst of your family fun, make sure to keep an eye on the colored flag at the lifeguard stand.
If you park at Isle of Palms County Park, you’ll have restrooms, outdoor showers, and changing rooms available to you. This is a big deal when you’ll have 3 hour plus ride back home!
The beach can get pretty crowded, especially on Saturday, so plan to get there early in the day if you want a large space on the beach to set up camp. If you are in need of chair and umbrella rentals, there is a company for that! You can rent surfboards, bikes, chairs, and umbrellas from IOP Beach Chair Co. They even rent accessible beach wheelchairs.
You’ll also find rentals for chairs, umbrellas and boogie boards available at a cart by the restrooms at Isle of Palms County Park.
Bonus tip: There is a Harris Teeter across the street from Isle of Palms park. It’s a good place to stop before the beach to load up on snacks, fruit, or even some pre-made sandwiches. You’ll save some money here over restaurants and beach carts!
There’s certainly no shortage of food choices. Whether you enjoy live music and seafood, or you’re looking for some good ol’ American burgers and fries, you will find a delicious meal at Isle of Palms. One of the most popular places is Acme Lowcountry Kitchen. They have mostly seafood options and use fresh and local ingredients, which would make for a great dinner after a long day on the beach. They also have a pretty decent kids’ menu, which is always a plus.
If you are looking for something delicious right off Ocean Boulevard, then Smugglers Island Eats and Raw Bar will hit the spot. They pride themselves on a family-friendly atmosphere with a casual vibe. Smugglers, of course, offers seafood like fried shrimp baskets but also has smash burgers and vegetarian options if you want something else. Their frozen daiquiris are delicious by the way!
One of the most popular beach restaurants in IOP is Coconut Joe’s Beach Grill. They have lots of seafood dishes like crabcakes and shrimp and grits that are delicious, but they also have burgers and sandwiches. The restaurant is located by the ocean on Ocean Boulevard and offers a rooftop bar for patrons to enjoy a delicious cocktail while taking in the sunset over the Atlantic Ocean.
If you are a nature lover, then going on an ecology tour of the waterways and marshes near IOP would be a perfect addition to your trip. Barrier Island Eco Tours has public tours that are guided by a naturalist and include boat excursions, dolphin tours, an exploration of Capers Island, and more. You are certain to see lots of sealife on your excursion, and it is a wonderful way to learn more about the SC coast while also having a blast. The company offers public trips, private charters, school trips, and special events throughout the year.
The beachfront Isle of Palms County Park offers great parking, snack bars, restrooms, and beach access. Admission prices vary depending on the season but car prices do not exceed $15 during the week, and $20 on Saturday. If Saturday is your only option for travel, you’ll want to get an early start. The County Park lot will fill up, I promise. I’m speaking from experience.
Parking on the street is an option, but the spaces are limited on the weekends. There are electronic pay-boxes along the sidewalk, so make sure to have a card handy (it’s inexpensive). We lucked out with a spot on the street directly in front of beach access with a clean bathhouse.
Between the County Park and plenty of public beach access, you can’t go wrong with a trip to the Isle of Palms. Whether you are renting a home, having a day trip, staying at Wild Dunes Resort, or vacationing at one of the few hotels in town, you are certain to find your Isle of Palms vacation worthwhile.
Visit the Isle of Palms website for more information on where to eat, what to do, and where to stay if you need more than a day trip.
Use the map below to find the perfect place to stay in Isle of Palms. Kidding Around earns when you book through these links through an affiliate relationship with Stay 22.
What’s your favorite thing to do when visiting the Isle of Palms?
Are you a beach lover?
Check out our list of the 20 Best Beaches in the Southeast!
ISLE OF PALMS, S.C. (WCBD) – Some parking tickets on the Isle of Palms have reached $100 for minor infractions.Now people say they’re concerned the island is price gouging.From January 2020 to December 2022, records show that 14,000 parking tickets were issued on the Isle of Palms.The majority were for $100 dollars, but none were issued for less than $50 dollars; prices members of the Charleston Beach Foundation say are way too high.“I did an analysis, and found that the average ticket statewide ...
ISLE OF PALMS, S.C. (WCBD) – Some parking tickets on the Isle of Palms have reached $100 for minor infractions.
Now people say they’re concerned the island is price gouging.
From January 2020 to December 2022, records show that 14,000 parking tickets were issued on the Isle of Palms.
The majority were for $100 dollars, but none were issued for less than $50 dollars; prices members of the Charleston Beach Foundation say are way too high.
“I did an analysis, and found that the average ticket statewide is $30, not $100,” Founder of the Charleston Beach Foundation, Myra Jones said.
Jones filed a lawsuit against the Isle of Palms in 2020 over the ticket prices.
A judge eventually ruled that the city had the right to set the price at what they think is necessary.
“The judge noted that the state law, the South Carolina state law allows $100 fines,” IOP City Councilmember, Blair Hahn said.
However, Jones is fighting prices again, calling them excessive and unnecessary.
Jones said, “For comparison, tickets on Sullivans Island are $50 and on Folly Beach they’re $60.”
Jones is also concerned the high ticket prices could backfire and damage the island’s economy.
“We’ve hear from thousands of people who will not go to the Isle of Palms because of the $100 tickets,” Jones said.
Councilmembers aren’t concerned about the ticket prices driving people away.
Hahn said, “If you come out here on any weekend, the island is full. So, if our goal is to keep people, stop people from coming to the island, we’re doing a terrible job.”
Leaders say the ticket prices are a minor price to pay to keep the roads and citizens safe.
“We were not strictly enforcing parking, not as strict as we were this year. People were double parking, parking close to the road. Fire trucks couldn’t get through in a safe manner, police couldn’t get through in a safe manner,” Hahn said.
The Charleston Beach Foundation says they plan to take the issue to the Statehouse and introduce legislation that would not allow municipalities to write unreasonable tickets for minor parking infractions.
ISLE OF PALMS, S.C. (WCBD) – The ribbon was cut early Tuesday morning on the newly renovated Isle of Palms Marina market, The Outpost.Michael Shuler, whose company took over the lease for the Isle of Palms Marina store months ago, said the new shop will offer a “little bit of everything” whether you are a local or visitor.“It’s got exactly what you need at a marina. It...
ISLE OF PALMS, S.C. (WCBD) – The ribbon was cut early Tuesday morning on the newly renovated Isle of Palms Marina market, The Outpost.
Michael Shuler, whose company took over the lease for the Isle of Palms Marina store months ago, said the new shop will offer a “little bit of everything” whether you are a local or visitor.
“It’s got exactly what you need at a marina. It’s part convenience store, part boutique, part kitchen- and it’s convenient, it’s quick, it’s easy whether you come by boat or by vehicle, it’s a little something for everyone,” he said following Tuesday’s opening celebration.
Isle of Palms city leaders and residents gathered for the ribbon cutting. Shuler promised that although the business is open, it will remain a work in progress. “We’re not stopping now. We’re listening, we’re going to keep getting this right,” he said.
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Shuler said he’s been coming to the Isle of Palms Marina since he was a child and understands its significance to the community.
“This place is very important to me. I think what we’ve done here is going to give us another forty years of fun times at the Isle of Palms Marina and we welcome everyone to come enjoy it with us,” he added.
After obtaining the lease earlier this year, Shuler’s team went to work renovating the space and reconfiguring the parking lot to make it more efficient. Inside, you’ll find the ship store, a deli, and plenty of opportunities to pick up a souvenir.
“We dove right in,” said Shuler. “We knew that we had a renovation on our hands so we tried our best to get it done and make sure we could open and serve the public this summer.”
The Outpost is open seven days a week from 7:00 a.m. until 7:00 p.m.
“We’ve got to be here to meet the needs of people first thing in the morning when they are out fishing with the sunrise and we’ve got to meet the needs of people when they are coming back off the boat in the evenings,” said Shuler.
A total of 1,173 people on the Isle of Palms signed a grassroots petition to cap the number of investment short-term rentals on the island at 1,600.ISLE OF PALMS, S.C. (WCSC) - A total of 1,173 people on the Isle of Palms signed a grassroots petition to cap the number of investment short-term rentals on the island at 1,600.Petition creators, Catherine Malloy and Brian Duffy say it all started as a way to preserve the balance of people enjoying the town.“We are absolutely in favor of short-term rentals. But we want ...
A total of 1,173 people on the Isle of Palms signed a grassroots petition to cap the number of investment short-term rentals on the island at 1,600.
ISLE OF PALMS, S.C. (WCSC) - A total of 1,173 people on the Isle of Palms signed a grassroots petition to cap the number of investment short-term rentals on the island at 1,600.
Petition creators, Catherine Malloy and Brian Duffy say it all started as a way to preserve the balance of people enjoying the town.
“We are absolutely in favor of short-term rentals. But we want to balance to maintain the equilibrium that we’ve had through the years. So it seemed like a good time to get involved with this,” Malloy says.
For former council member Duffy, it’s about being proactive, and he fears it’s already getting close to waiting too long to take action and be reactive.
“We’re just really asking the city to manage short-term rental licenses because you don’t know. Currently, there is no management of short-term rental licenses, there are no limits. So we could turn from the 1600 that we proposed in this ordinance to 3000 and no controls,” Duffy explains. “So that’s all that we were ever asking for. It is a little bit of management, a little bit of foresight, a little bit of planning.”
Under South Carolina Law, a petition signed by 15% of the voting population and verified by the county has to be considered by city council. The signatures on Preserve IOP’s petition represent about 27% of the island population, according to 2020 census numbers. City Council can approve the ordinance in the petition, or make amendments and put it to a city-wide citizen vote.
“The next steps really are in the hands of counsel. We as the group, Preserve IOP, have submitted this we are pretty much standing down, it’s their choice,” Duffy says.
Over the course of their work to gather signatures, Malloy and Duffy say they and the many volunteers who went door to door learned a lot about their island and their neighbors.
“They were so interesting the stories they told way before Hurricane Hugo before the connector bridge, and before even Wild Dunes when it was feature racquet club and that was all developed,” Malloy says. “So we’ve kind of really enjoyed it if you want to know the truth. Usually it’s not, it’s kind of labor. But it was a labor of love because these people were so fun, and so interesting.”
On July 11 at the Isle of Palms Recreation Center, the city council will hold a special meeting to address the petition.
On the agenda there will be public comment followed by discussion of the petition, consideration of sending petition to the Charleston County Board of Voter Registration & Elections for certification of signatures and consideration of first reading of the ordinance in the petition.
“It’s up or down vote, really it’s simple. It’s up or down. This is our wonderful gift to them because this is what residents want. And they all say when they got when they ran for office, we are for the residents. Well, the residents want this overwhelmingly so,” Malloy says.
Once the signatures are verified, council must accept the ordinance or put it to a island-wide vote. They have between 30 days and one year to schedule a public vote from the date city council takes any action on the verified ordinance.
You can read more about the roots of the petition and prior city council members’ reactions to the start of the campaign here.
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