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Mortgage Broker in Johns Island, SC

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Classic Home Mortgage Providing Trustworthy Mortgage Guidance for Over 30 Years

Buying a home is one of the most significant investments that you will ever make. Like most good things, finding the perfect home comes with a lot of work. From your initial search online to your home tour and finally closing, there are many difficult decisions to make along the way. The bottom line is that the entire home buying process can be very stressful, especially when it comes to finding the right mortgage broker and loan for your new home. Since market conditions and mortgage programs change frequently, you have a lot riding on your broker's ability to provide quick and accurate financial advice. Whether you're a first-time homebuyer or own several residential properties, you need a mortgage broker in Johns 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 - Johns 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 Johns 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 Johns Island, SC
 Refinance Johns Island, SC

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

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

 FHA Mortgages Johns 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 Johns Island, SC.

Refinancing in
Johns 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 Johns 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 Johns 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 Johns 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 Johns 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 Johns 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 Johns Island, SC

Trust Dan Crance

Your Mortgage Lender in Johns 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 Johns Island loves Classic Home Mortgage.

After hours by appointment only. CONTACT DAN

Latest News in Johns Island, SC

Johns Island craft brewery among best in SC, according to Yelp

(NEXSTAR) – Who’s in the mood for an expensive beer?These days, it feels like you can’t throw a rock without hitting a craft brewery, or at least hitting someone who has a very strong opinion on craft beer. The number of U.S. microbreweries, taprooms and brewpubs has exploded over the last decade, from roughly 2,000 in 2010 to more than 9,000 in 2021, according to the Brewers Association.De...

(NEXSTAR) – Who’s in the mood for an expensive beer?

These days, it feels like you can’t throw a rock without hitting a craft brewery, or at least hitting someone who has a very strong opinion on craft beer. The number of U.S. microbreweries, taprooms and brewpubs has exploded over the last decade, from roughly 2,000 in 2010 to more than 9,000 in 2021, according to the Brewers Association.

Despite a slight dip in production during the pandemic (and current supply-chain snags), most of these breweries on track to keep pre-pandemic levels of beer flowing, too.

“While the boom in breweries of a few years before has certainly slowed, the continued growth in small breweries shows the solid foundation of demand for their businesses and beers,” Bart Watson, the chief economist of the Brewers Association, said in an April press release.

With so much craft beer to consider, and so many brewpubs to choose from, it’s undoubtedly daunting to settle on a destination for a draft or two. But luckily, the analysts at Yelp have sorted through thousands of user-generated reviews to determine which breweries are best-rated in your neck of the woods.

One quick note: The following list is based on reviews that not only considered the taste of each brewery’s beer, but also the ambiance or service at each establishment’s taproom, if they indeed serve beer on the premises.

Good? Alright, let’s hop to it, then: The top craft brewery* in each state, based on Yelp reviews, can be found below:

More information, and links to each brewery’s Yelp page, can be found at Yelp.com.

While the above breweries are certainly most popular with Yelp users, the sales figures of America’s top-producing craft breweries tell a different story. The most popular craft brewery in the U.S., in terms of sales volume, is Pennsylvania-based D. G. Yuengling & Son, followed by the Boston Beer Company of Massachusetts and the Sierra Nevada Brewing Company, according to the Brewers Association.

*Craft breweries, as defined by the Brewers Association, must produce less than 6 million barrels per year. To qualify for the category, no more than 25% of the company can be owned or controlled by a larger, non-craft brewer. The brewery itself must also hold a TBB Brewer’s Notice and be actively producing beer.

Charleston Co. leaders, Johns Island residents mull plans to reduce Main Road congestion

CHARLESTON COUNTY, S.C. (WCIV) — Charleston County is working to improve traffic along Main Road on Joh...

CHARLESTON COUNTY, S.C. (WCIV) — Charleston County is working to improve traffic along Main Road on Johns Island.

Leaders hosted a meeting Thursday night to receive public input on the proposed six alternatives that would reduce congestion.

Lowering traffic congestion was a shared concern at the meeting. However, residents of Johns Island said they do not want to lose the integrity of the island, whether that means the gran oak trees or the longstanding businesses along Main Road.

Jackie Baer owns Angel Oak Family Medicine, the first rural health clinic on Johns Island.

She attended the Main Road Corridor public input meeting, not just because her business may face relocation depending on the alternative plan selected, but because the people she serves will be impacted.

"It is a walk-in clinic, people walk to my clinic. They come in wheelchairs, and I am available to them, and by taking that away, it creates a huge gap in primary care, and that is what I do," she explained.

At Angel Oak Family Medicine, Baer serves the working poor, meaning if she loses her business, thousands will lack the care she provides.

Others also shared Baer’s apprehension.

"I am afraid that some of these plans will take away some of those things that we hold dear here. That is why I think it is important for everyone to come out here and get their input in of what they think is important," said Peter Rubino.

"I love the character of the island. I want to maintain that as much as possible. I think four lanes would destroy that. It would be like driving down Folly Road," added Fred Neuvill.

But Charleston County construction project manager Herbert Mims wants to put concerned citizens at ease as much as possible.

"I will personally read every comment that we get, as well as our consulting team. It is a factor that will lead us to a place where this is the alternative the public wants," he exlained.

And there’s still time for the public to weigh in. Charleston County will be taking comments online until May 27.

Behre: Along Ashley River Road, context is important, and it’s not looking good

In 2005, one of the biggest news stories in town was an epic battle over the city of North Charleston’s move to annex across the upper Ashley River and absorb the Watson Hill tract.This newspaper wrote an editorial decrying the move before it was even proposed: “The historical value of Ashley River Road is something that residents of Charleston and Dorchester counties can generally agree on. So is the importance of preserving its character, and preventing inappropriate development along the state’s most historic corr...

In 2005, one of the biggest news stories in town was an epic battle over the city of North Charleston’s move to annex across the upper Ashley River and absorb the Watson Hill tract.

This newspaper wrote an editorial decrying the move before it was even proposed: “The historical value of Ashley River Road is something that residents of Charleston and Dorchester counties can generally agree on. So is the importance of preserving its character, and preventing inappropriate development along the state’s most historic corridor. Any suggestion that North Charleston would be willing to annex Watson Hill to accommodate its development should be quickly quashed by city officials.”

Of course, it wasn’t quashed. Just the opposite. The city ultimately annexed it, but the waters eventually calmed after the scope of its development was reduced from about 4,500 new homes to more like 1,000.

The waters calmed further as North Charleston officials indicated they appreciated the scenic and historical value of the Ashley River corridor and would work to ensure new development fit in.

They adopted a special overlay district for the approximately 9,000 acres the city annexed west of the river, and this overlay calls for clustering development to secure more open space, as well as a 200-foot-wide buffer, trails and limited curb cuts onto S.C. Highway 61.

But now that those 1,000 homes are being built, some neighbors are voicing concerns about how they were right all along — and some in the city acknowledge things are off to a bad start.

First, there was a so-called “tragedy of errors” that led to the unnecessary cutting of more than 100 mature trees along Highway 61 as part of work to extend utility lines to Watson Hill, unnecessarily marring the aesthetics of the scenic road because the city didn’t require the lines to be installed with directional drilling like Dorchester County did.

And today, there is a new entrance way with prominent white brick posts and more clear-cutting that makes little to no reference to the historic, tree-lined corridor. Nearby residents are understandably upset, with almost two dozen writing a letter to Mayor Keith Summey.

“No other entrance pillars within the historic district are of white brick joined by white brick lattice and walls and no entrance has anywhere near 30 brick pillars, the Watson Hill design hardly meets the contextually appropriate qualification,” the letter says. “I think you would be hard pressed to find anyone who finds this structure either attractive or appropriate for the area. Residents detrimentally relied on preservation of the historic character of the district and were assured by the developers of Watson Hill that the character would be preserved. As one observer noted, ‘It screams Cane Bay, not the historic district.’”

Meanwhile, a second similar entrance, which the letter writers call an “architectural abomination,” is under way. North Charleston City Councilman Ron Brinson has defended the city’s ability to oversee contextually appropriate development, but even he diplomatically notes that’s not what’s going on at the moment: “Already the aesthetics out there are not what we anticipated.”

To their credit, city zoning officials stopped work on the entrance, and City Council’s Public Safety Committee hashed out the situation Thursday.

The developer defended the entrance design, and Summey noted the city has remained committed to keeping the development less dense.

That’s all good, but it’s unclear what if any changes may be made.

The notion that North Charleston needed to grow by crossing the Ashley River always was a complicated and controversial one. Supporters of North Charleston would note that Mayor Summey is only doing what former Charleston Mayor Joe Riley did by annexing Daniel Island, the Cainhoy peninsula and part of Johns Island.

Those partial to Charleston would note that all those areas were more suitable places for this growing region to build; most are within the region’s urban growth boundary.

Crossing the river and attempting to regulate and serve smaller, historically sensitive development is something else.

Only time will tell whether Watson Hill ultimately is viewed as proof of North Charleston’s ability to permit building in sensitive areas or as the kind of big mistake many feared. But first impressions count, too.

Get a weekly recap of South Carolina opinion and analysis from The Post and Courier in your inbox on Monday evenings.

CSM announces 2022 Spring Commencement candidates for graduation

The following students were recognized as candidates for associate degrees, certificates or letters of recognition at the College of Southern Maryland’s (CSM) 63rd Spring Commencement ceremony held Friday, May 13, 2022, at the La Plata Campus.AbingtonAccokeekAnnapolisAvenueBel AltonBenedictBrandywineBryans RoadBryantown...

The following students were recognized as candidates for associate degrees, certificates or letters of recognition at the College of Southern Maryland’s (CSM) 63rd Spring Commencement ceremony held Friday, May 13, 2022, at the La Plata Campus.

Abington

Accokeek

Annapolis

Avenue

Bel Alton

Benedict

Brandywine

Bryans Road

Bryantown

Bushwood

California

Callaway

Chaptico

Charlotte Hall

Chesapeake Beach

Clements

Clinton

Deale

Drayden

Dunkirk

Fort Washington

Great Mills

Hollywood

Hughesville

Huntingtown

Indian Head

La Plata

Largo

Laurel

Leonardtown

Lexington Park

Loveville

Lusby

Marbury

Mechanicsville

Mt Rainer

Nanjemoy

Newburg

North Beach

Owings

Oxon Hill

Park Hall

Piney Point

Pomfret

Port Republic

Prince Frederick

Ridge

Saint Inigoes

Saint Leonard

Solomons

Swan Point

Temple Hills

Upper Marlboro

Valley Lee

Waldorf

Welcome

White Plains

Out of state

Blythewood, S.C.

Bronxville, N.Y.

Gardena, Calif.

Hyde Park, Mass.

Johns Island, S.C.

Littlestown, Pa.

Santee, Calif.

Seoul, South Korea

Virginia Beach, Va.

West Lawn, Pa.

West Warwick, R.I.

Woodbridge, Va.

Yuba City, Calif.

Johns Island welcomes California luxury hotel company

Charleston remains a popular destination, and the city’s expanding luxury hotel scene reflects that trend.California-based Auberge Resorts Collection plans to debut its first planned luxury hotel in South Carolina come 2024 in the form of The Dunlin, located within the Kiawah River master-planned community on Johns Island.In partnership with real estate developer ...

Charleston remains a popular destination, and the city’s expanding luxury hotel scene reflects that trend.

California-based Auberge Resorts Collection plans to debut its first planned luxury hotel in South Carolina come 2024 in the form of The Dunlin, located within the Kiawah River master-planned community on Johns Island.

In partnership with real estate developer The Beach Co. and private investment and management company McNair Interests, the project is set to have a January groundbreaking.

“The Dunlin will offer an unforgettable escape where guests can immerse themselves in the pristine natural setting of Johns Island and the culturally rich attractions of Charleston,” Auberge Chairman Dan Friedkin said in a statement.

The Dunlin property will include 72 cottage-style guest rooms and suites and 19 villas, as well as a main lodge and porch, great rooms and a library lounge. Amenities encompass a pool with cabanas, full-service spa, community farmstead, and access to the community’s Spring House riverfront swim and fitness facilities.

A riverfront restaurant with outdoor deck will also be available, as will two event spaces, including a 10,000-square-foot indoor-outdoor event hall.

“We are pleased to partner with Auberge Resorts Collection to create The Dunlin, which will be one of the most remarkable new resorts in the country,” Beach Co. CEO John Darby said. “Auberge has a terrific track record of creating the most unique hospitality experiences in the world, and this endeavor’s intimate setting will bring highly personalized service with a coastal experience inspired by the local environment.”

Built into the Kiawah River community, which puts emphasis in natural surrounding elements, The Dunlin will consist of 2,000 acres of land with 20 miles of riverfront nature trails and marshlands. Guests will be able to participate in nature excursions on the property, including fly fishing, crabbing and boating, as well as paddle boarding, hiking and biking.

Architect Robert Glazier was chosen to design the resort, and Amanda Lindroth of Lindroth Design will lead the interior design of the property.

Construction financing was provided by United Bank’s Charleston offices.

Auberge Resorts Collection has 22 other hotels and resorts across the globe, recently winning accolades from Travel & Leisure’s 2021 World’s Best and Conde Nast’s 2021 Readers’ Choice awards.

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