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

My name is Dan Crance - James Island'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 James Island, 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 James Island, SC
 Refinance James Island, SC

Why Choose Dan Crance As Your Mortgage Lender in James Island, 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 James Island, SC

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

 FHA Mortgages James Island, 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 James Island, SC.

Refinancing in
James Island, 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 James Island, 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 James Island, 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 James Island, 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 James Island, 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 James Island 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 James Island, SC

Trust Dan Crance

Your Mortgage Lender in James Island, 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 James Island loves Classic Home Mortgage.

After hours by appointment only. CONTACT DAN

Latest News in James Island, SC

American grill, from the restaurant group that brought Husk, opens on James Island

JAMES ISLAND — All 10 barstools were taken when I stopped by The James on a recent Monday in August. According to an employee, that has been a nightly occurrence at the new James Island restaurant, now open at 1939-A Maybank Highway in the former Zia Taqueria space.With cushioned bar chairs, the globe-lit bar is a nice place to grab a drink or a full meal, though there is plenty of seating inside the large restaurant, part of the Neighborhood Dining Group (Hu...

JAMES ISLAND — All 10 barstools were taken when I stopped by The James on a recent Monday in August. According to an employee, that has been a nightly occurrence at the new James Island restaurant, now open at 1939-A Maybank Highway in the former Zia Taqueria space.

With cushioned bar chairs, the globe-lit bar is a nice place to grab a drink or a full meal, though there is plenty of seating inside the large restaurant, part of the Neighborhood Dining Group (Husk, Delaney Oyster House and Minero).

The bar area — which also features four high-top tables and a handful of booths with checkered upholstery — is separated from the dining room by a small partition. In the late afternoon, that portion of the 4,600-square-foot space is brightened by the sunlight that seeps in through a few long windows.

Between the farmhouse-inspired space that has come to define Husk and the classic oyster house aesthetic at Delaney, Neighborhood Dining Group President David Howard has shown he has a knack for conjuring up successful dining venues.

When he first told me about The James, Howard described it as an American grill that patrons might visit for a quality hamburger on a Tuesday before coming back for the prime rib over the weekend. The James’ clean, sharp look tells diners exactly what to expect — a restaurant where quality matters, but the chefs aren’t trying to reinvent the wheel. A restaurant where shorts are just as acceptable as a suit.

The food is equally as approachable, with salads, Parker House rolls, tuna tartare and fried shrimp with a trio of dipping sauces among the appetizer options. Judging by my surrounding diners, the salads — far too big for one person — have proven to be a hit, though they might require an extra side of dressing.

There are plenty of great cocktails around town, but these establishments truly take things to the next level.

Here are some of our favorite places to drink cocktails around Charleston.

Bar George

1956 Maybank Highway

The only place on this list to draw you off the peninsula is by far worth the trip. Bar George, located next to the Terrace Theater on James Island, offers delicious and refreshing cocktails (and food). The Spanish Fly, Raspberry Painkiller and Batters Box are a few favorite options that can pair well with an appetizer of chilled broccolini or spring chicory Caesar salad with Peruvian chicken. Plus, tiki happy hour from 5 to 6 p.m. daily does not disappoint.

Dalila’s

441 Meeting St., Suite F

Dalila’s is a 1950s-inspired cocktail bar and lounge off Spring Street that’s ideal for a pre-dinner drink. Unique seasonal cocktails are made from scratch, inspired by the bright flavors of the Caribbean. Among refreshing options are the Captain’s Kick, a nutty spiced mule mixed with a Mai Tai, and the El Conejo, a daquiri packed with smoke and tropical fruit. During happy hour, you can also order the Find Your Beach for $8, where you select your liquor, flavor and if you want it up or on the rocks.

James Island coyote sightings bring safety concerns to residents

JAMES ISLAND, S.C. (WCSC) - The residents of James Island are now seeing and hearing coyotes throughout their community following a rise in coyote interactions on Sullivans Island last month.“Obviously, they’re here in our neighborhood, and we all need to be vigilant,” Lighthouse Point Neighborhood Association President Brook Lyon says.Those who live in the Lighthouse Point community on James Island say they have recently seen and heard coyotes sometimes in broad daylight or in their backyards.“I&...

JAMES ISLAND, S.C. (WCSC) - The residents of James Island are now seeing and hearing coyotes throughout their community following a rise in coyote interactions on Sullivans Island last month.

“Obviously, they’re here in our neighborhood, and we all need to be vigilant,” Lighthouse Point Neighborhood Association President Brook Lyon says.

Those who live in the Lighthouse Point community on James Island say they have recently seen and heard coyotes sometimes in broad daylight or in their backyards.

“I’ve had several reports over the last few weeks of people actually seeing the coyotes,” Lyon adds. “One last week was seen going across Schooner Road in broad daylight. Another photo was taken in the backyard of someone who has a chicken coop, and there’s live chickens there, which could be a potential food source for coyotes.”

Photos recorded on home security cameras show the coyotes on the island, concerning the community about their personal safety and their pets’ lives.

The Charleston County Sheriff’s Department says there is one reported incident with coyotes on James Island back in June.

Sullivans Island also reported five coyote attacks involving dogs in August, making the community on James Island even more worried.

“We are one town, one island, and we don’t want animals to start getting snatched or people getting attacked, like what has happened in other areas,” Lyon says.

Lyon and James Island Town Councilmember Troy Mullinax says they reached out to the South Carolina Department of Natural Resources and was told there was no program to help them with coyotes in the neighborhood.

“My next step is to contact Governor McMaster because it’s a natural resource issue, and at this time, the town does not have any wildlife management people,” Lyon says.

“DNR does not have anything in place,” Mullinax adds. “This is something we’re going to address at our upcoming meeting this Thursday, and just let people know that there’s something we’re working on.”

To keep the coyotes out of your neighborhood, they recommend not feeding the wildlife or keeping any potential food source outside for them to find.

If you run into a coyote, you’re advised to react loudly, throw small sticks or cans or spray the animal with water.

The South Carolina Department of Natural Resources has not yet responded to a request for comment.

Copyright 2023 WCSC. All rights reserved.

High Rise’s cannabis dry bar is now open on James Island

JAMES ISLAND — A new dry bar is now open on James Island. Instead of using alcohol, the bar utilizes CBD, Delta-8 and Delta-9 seltzers produced by High Rise Beverage Co.The bar, the first of its kind in the state, is at the back of the new storefront space of Charleston Hemp Collective at 1989 Maybank Highway Unit 103. It’s right next to a cycling studio and across the street a little ways down from The Terrace Theater.The store, dry bar and seltzer company are all owned by Lowcountry duo Matt and Libiss Skinner, wh...

JAMES ISLAND — A new dry bar is now open on James Island. Instead of using alcohol, the bar utilizes CBD, Delta-8 and Delta-9 seltzers produced by High Rise Beverage Co.

The bar, the first of its kind in the state, is at the back of the new storefront space of Charleston Hemp Collective at 1989 Maybank Highway Unit 103. It’s right next to a cycling studio and across the street a little ways down from The Terrace Theater.

The store, dry bar and seltzer company are all owned by Lowcountry duo Matt and Libiss Skinner, who met in Columbia when they were kids.

“There’s actually a picture of the two of us at age 10 and 8 kissing on my grandmother’s front porch,” said Matt, with a chuckle.

Now married, they’ve made it their mission to spread awareness of the healing qualities of hemp and hemp-derived products.

It all started with Libiss’ ulcerative colitis diagnosis. She was prescribed 11 pills a day at one point and was on a steroid that came with a bunch of side effects.

“I knew I couldn’t sustain that, and I was really scared,” she said.

After doing her own research, Libiss turned to CBD as part of a daily anti-inflammatory and pain control regimen, as well as a way to decrease anxiety and stress surrounding her health condition. She hasn’t had a flare up in almost two years.

It was around a year ago when the couple started High Rise Beverage Co. and began selling their real fruit- and hemp product-infused seltzers. The drinks are canned in North Carolina and come in flavors such as pineapple, blackberry, grapefruit, blood orange, raspberry, black cherry and lime. They’re also infused with CBD, Delta-8 or Delta-9, at a percentage of .3 or less of THC to adhere to the federal government’s legal requirements as outlined in the Farm Bill Act.

At the bar on James Island, these seltzers are used to make a variety of mocktails, many of which come in tiki glasses and fit the tropical theme. Bird wallpaper and a plant wall are complimented by a neon pink sign that explains the concept: “cannabis dry bar.”

The owner of Macaroon Boutique and Le Chambertin in Charleston cooked at Les Halles, the famed restaurant that more than a million people have read about in Anthony Bourdain’s bestselling book, “Kitchen Confidential.”

Hailing from France, Fabrice Rizzo ran the pastry programs at restaurants across New York City and later held an executive position within Union Square Hospitality Group. He worked his way up in that company, led by restaurateur Danny Meyer, who brought Eleven Madison Park, Union Square Cafe and Gramercy Tavern to New York City and Shake Shack to countries around the world.

For those who have not kept up with New York City restaurant news, Rizzo’s resume is impressive.

The French chef will rush through this chapter of his life story to get to the part where he moves to the South. He started in Destin, Fla., where he owned two bakeries, before coming to Charleston to open Macaroon Boutique at 45 John St. in 2010.

More than a decade later, Rizzo and his wife Fabienne Doco opened Le Chambertin at 113 Church St. on their wedding anniversary in February 2021. Located in the space previously occupied by Fuschia Tea Emporium, Le Chambertin debuted with less fanfare than some other popular daytime cafes in Charleston.

Open Tuesday through Sunday, Le Chambertin does not amass the same line as nearby Harken Cafe, where I’ll sometimes stop for morning coffee. While there are plenty of photogenic savory and sweet bites, the French bakery is not filled with Instagramming tourists snapping pictures of the décor and Lamill coffee drinks like they do at Sorelle Mercato, which opened 300 feet away from Le Chambertin in February 2022.

$277M hospital proposed for Johns Island

Trident Medical Center has submitted a Certificate of Need to the South Carolina Department of Health and Environmental Control to build a $277 million hospital on Johns Island. The application is for a 50-bed acute care hospital between Maybank Highway and Cane Slash Road, across from the Live Oak Square development.Projections for Johns Island Hospital show that within the first three years it will create nearly 300 jobs, contribute $10 million in non-income taxes to support the community and pay $70 million in salaries, wages and b...

Trident Medical Center has submitted a Certificate of Need to the South Carolina Department of Health and Environmental Control to build a $277 million hospital on Johns Island. The application is for a 50-bed acute care hospital between Maybank Highway and Cane Slash Road, across from the Live Oak Square development.

Projections for Johns Island Hospital show that within the first three years it will create nearly 300 jobs, contribute $10 million in non-income taxes to support the community and pay $70 million in salaries, wages and benefits, the organization said in a release.

“We are excited to continue making medical care more accessible to residents in our historically underserved communities,” Trident Health President and CEO Christina Oh said in the news release. “Currently on Johns Island and neighboring communities, it can take residents 30 to 45 minutes to drive to their nearest hospital, and often longer in heavy traffic and inclement weather. Our goal is to increase access to timely, high quality and affordable health care services.”

Trident Medical Center’s chief of the medical staff and medical director of emergency services, Dr. Scott Hayes, said he sees firsthand the results of delayed care.

“For residents who live far from emergency medical care and who may be experiencing a medical emergency like a heart attack or a stroke, minutes can mean the difference between life and death,” he said in the news release. “Access to care close to home is critical, especially in areas like Johns Island and the surrounding communities, that have frequent traffic delays.”

Trident Health surgeon Dr. Thomas Litton, who lived on Johns Island for 20 years and recently moved from there largely due to increasing traffic congestion and limited access routes off the island, said, “The rapid population growth and development of Johns Island, as well as its role as the sole gateway to Kiawah, Seabrook and Wadmalaw Islands, has created a strong need for a full-service hospital in the area. Residents on those islands have never had a full-service hospital. Trident’s hospital on Johns Island and their freestanding ER on James Island will greatly improve residents’ access to much-needed medical care.”

Johns Island Hospital will be located seven miles from James Island Emergency, Trident’s new freestanding ER at 945 Folly Road, Charleston, that will open in the next few weeks.

Plans call for Johns Island Hospital to have 50 beds with space to expand to 150 beds, 40 medical/surgical/stepdown beds, 10 ICU beds, 20 ER rooms, four operating rooms, two endoscopy suites and a cardiac catheterization lab. The hospital also would have two CT scanners, an MRI, two diagnostic radiology suites and a fluoroscopy room.

In addition to the hospital, services would include medical offices for primary care and specialists as well as outpatient imaging and support such as breast imaging, rehabilitation and other outpatient therapy services.

“From our first discussions about building a hospital on Johns Island, we have been committed to creating a thoughtful plan that preserves the natural beauty of Johns Island,” Oh said in the release. “We will honor the strong Gullah Geechee cultures of the community; we will partner with the areas’ community and businesses; and will promote the important and unique contributions of Johns Island’s agricultural community.”

The proposed Johns Island Hospital is in addition to nearly $140M in capital investments currently underway at Trident Health’s hospitals, Trident Medical Center and Summerville

Unbeaten James Island ends 6-game skid against Cane Bay

This was supposed to be the first real test of the regular season for James Island.The AAAA Trojans had rolled through their first four games, allowing just one touchdown, heading into Friday night’s game against Class AAAAA Cane Bay.But James Island had never beaten Cane Bay in six previous tries, including a heart-breaking 3-point loss a year ago when the Cobras kicked the game-winning field goal as time expired.The Cobras (2-2) were coming off an open date and had two weeks to prepare for the Trojans.But ...

This was supposed to be the first real test of the regular season for James Island.

The AAAA Trojans had rolled through their first four games, allowing just one touchdown, heading into Friday night’s game against Class AAAAA Cane Bay.

But James Island had never beaten Cane Bay in six previous tries, including a heart-breaking 3-point loss a year ago when the Cobras kicked the game-winning field goal as time expired.

The Cobras (2-2) were coming off an open date and had two weeks to prepare for the Trojans.

But this one wasn’t even close as James Maxwell scored two touchdowns to lead fifth-ranked Trojans past Cane Bay, 28-7, on Sept. 15 before a crowd of more than 2,000 at The Backyard on the campus of James Island.

It wasn’t a perfect game or even a pretty one; the Trojans turned the ball over four times and had more than 100 yards in penalties. But James Island won the physical battle up front.

“We knew this was going to be a smashmouth football game,” said James Island coach Jamar McKoy. “We made way too many mistakes, but we found a way to step up and made some great plays when there needed to be great plays made and won a big ballgame.”

James Island’s defense smothered Cane Bay’s option offense, limiting the Cobras to less than 200 yards of total offense and one TD.

“It was a very physical football game,” said Cane Bay coach Russell Zehr. “They showed up to play that kind of game and we didn’t. At times they were much more physical than we were and that’s disappointing because we pride ourselves on being a physical team and were not tonight.”

After a short punt by the Cobras, James Island grabbed a 7-0 lead on Maxwell’s 8-yard TD run early in the second quarter.

Maxwell appeared to be caught in the Trojans’ backfield on the handoff, but brushed off the initial hit, and then ran over the next two tacklers on his way into the end zone.

The Trojans pushed their advantage to 14-0 on Maxwell’s second TD of the first half, this one coming from a yard out with 2:41 left before halftime.

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