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Dan Crance: Your Mortgage Man | 134 E Richardson Ave Summerville SC 29483

With 30 years in the industry

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

My name is Dan Crance – Knightsville’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 Knightsville, 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
Classic Home Mortgage Providing Trustworthy Mortgage Guidance for Over 30 Year
Classic Home Mortgage Providing Trustworthy Mortgage Guidance for Over 30 Year

Why Choose Dan Crance As Your Mortgage Lender in Knightsville, 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.

Why Choose Dan Crance As Your Mortgage Lender

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

Home Financing

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 Knightsville, SC.

Refinancing in
Knightsville, 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 Knightsville, 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:
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.

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 Knightsville, 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 Knightsville 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.

Trust Dan Crance

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

After hours by appointment only. CONTACT DAN

Latest News in Knightsville

COVID nurse thrilled to be back on the pro bowling circuit

NEW YORK (AP) — Nursing and professional bowling aren’t usually found on the same resume. In fact, Erin McCarthy is just one of a few to claim that territory.The 31-year-old McCarthy has weathered the pandemic as a critical care nurse in Omaha, and she did it during the darkest days of the coronavirus crisis without her usual release valve — competing on the Professional Women’s Bowling Association circuit.Now back on the tour, McCarthy is splitting her time between hospital work and traveling to meets t...

NEW YORK (AP) — Nursing and professional bowling aren’t usually found on the same resume. In fact, Erin McCarthy is just one of a few to claim that territory.

The 31-year-old McCarthy has weathered the pandemic as a critical care nurse in Omaha, and she did it during the darkest days of the coronavirus crisis without her usual release valve — competing on the Professional Women’s Bowling Association circuit.

Now back on the tour, McCarthy is splitting her time between hospital work and traveling to meets to regain her momentum on the lanes.

“Bowling has always been a part of my life, but I didn’t realize how much it meant to me until it was taken away,” she told The Associated Press in a recent Zoom interview from the home she shares with her fiancee, two soon-to-be stepkids and a couple of dogs.

“Bowling is definitely my outlet.”

McCarthy began bowling at age 2, when her parents would let her roll balls two-handed. She stuck with it through youth league play and attended college on a bowling scholarship while also completing nursing school. She’s been doing both professionally since the PWBA was revived in 2015.

“At first I was kind of quiet about it, but eventually the word got out that oh, I bowl, and people realized that I don’t just do it for fun,” she said of her colleagues at Methodist Hospital. “Now they follow my events. The hospital has been very supportive, so I feel fortunate I’m able to do both things.”

And she’s been doing both things with a trademark calm.

The unassuming McCarthy saw her share of tragedy when the pandemic stormed Omaha last year. In the early weeks, while other pro bowlers were setting up mattresses at home to fashion practice lanes, McCarthy decided not to train at all, focusing on her critically ill COVID-19 patients and helping her young stepchildren cope with remote learning.

“I saw more death in 2020 than I’ve seen in my 7 1/2 years of nursing. It was a pretty difficult time, but I think it allowed me to grow and learn more as a nurse and as a person,” she said. “COVID kind of wore me out physically and mentally.”

McCarthy sees similarities between bowling and nursing.

“Being in a critical care unit, you have to have a very mellow, laid-back personality. It’s almost like chaos calms me, as weird as that sounds. And bowling is kind of the same way. You know, you have to have a calm demeanor and think clearly. You can’t rush through things. I think that’s probably why I love doing them both equally as much.”

Before the pandemic, McCarthy spent 30 to 40 weekends each year in tournament play, with longer bowling trips thrown in. She’s been back in the groove since January, nursing during the week.

Her hospital, along with another one where she also works, remains firmly in her bowling cheer squad — and her nursing one, too.

“She’s an excellent advocate for our patients and is a true team player,” said Tim Hoarty, the service leader of the unit where McCarthy works at Methodist Hospital. “She’s also incredibly humble. Her bowling prowess doesn’t surprise me nor anyone who works with her, but she doesn’t advertise her successes.”

Those successes, since resuming competitive play, include some top five finishes, a remarkable feat considering the practice and training time she lost.

“I wasn’t quite as good as some of the other women who devote all of their time to bowling, so I feel like I’ve had to really work to prove myself,” McCarthy said. “I’m just happy to have it back.”

Here’s where you’ll have to quarantine if you’re traveling to or from South Carolina

MYRTLE BEACH (WBTW) – As coronavirus cases surge throughout the United States, new quarantine orders are being put in place around the country in order to stop the spread.If you’re hitting the road for a getaway, be aware that there may be restrictions if you leave or enter the state of South Carolina.ChicagoChicago officials announced that ...

MYRTLE BEACH (WBTW) – As coronavirus cases surge throughout the United States, new quarantine orders are being put in place around the country in order to stop the spread.

If you’re hitting the road for a getaway, be aware that there may be restrictions if you leave or enter the state of South Carolina.

Chicago

Chicago officials announced that effective July 6 travelers entering or returning to Chicago from states experiencing COVID-19 hot spots to quarantine for 14 days, including South Carolina.

Connecticut

On June 24, Connecticut, along with New York and New Jersey, required travelers from states with high rates of COVID-19 infection, including South Carolina, to self-quarantine for two weeks. The rule also applies to travelers from Florida, Alabama, Arizona, Arkansas, North Carolina, Texas, Utah and Washington. (Fines can reach up to $10,000).

Kansas

On June 29, the Kansas Department of Health and Environment said people who have traveled from or to South Carolina need to quarantine for 14 days after they arrive in the state.

Massachusetts

Since March 27, all travelers arriving in Massachusetts have been instructed to self-quarantine for 14 days to help prevent the spread of the coronavirus.

New Jersey

On June 24, New Jersey, along with New York and Connecticut, required travelers from states with high rates of COVID-19 infection, including South Carolina, to self-quarantine for two weeks.

New Mexico

Per a June 1 executive order from New Mexico Governor Michelle Lujan Grisham, anyone who travels out of state and returns or comes into New Mexico is now required to self-quarantine for two weeks.

New York

On June 24, New York, New Jersey and Connecticut required travelers from states with high rates of COVID-19 infection to self-quarantine for two weeks. The rule applies to travelers from Florida, Alabama, Arizona, Arkansas, North Carolina, South Carolina, Texas, Utah and Washington.

Pennsylvania

Pennsylvania Gov. Tom Wolf announced July 2 anyone traveling to or has recently traveled from the following states will need to quarantine for 14 days upon returning to Pennsylvania: Alabama, Arizona, Arkansas, California, Florida, Georgia, Idaho, Louisiana, Mississippi, Nevada, North Carolina, South Carolina, Tennessee, Texas, and Utah.

Vermont

Effective since June 15, travelers arriving in Vermont must complete a 14-day quarantine in Vermont or, alternatively, complete a seven-day quarantine followed by a negative Covid-19 test in their home state.

Solomon Offers What Your Dentist Doesn't

Here is a scenario: You are in pain from swelling in your jaw, mouth, or face. You call your dentist, but it’s the weekend. What do you do?You head to the Solomon Family Dentistry office in Sangaree or Mt. Pleasant, where an oral surgeon awaits, even on Saturday and Sunday. And don’t worry about how you will pay because Solomon Family Dentistry accepts more than 300 insurance plans, including yours."If you have pain, we’ll see you the same day – even if you’re not an existing customer," s...

Here is a scenario: You are in pain from swelling in your jaw, mouth, or face. You call your dentist, but it’s the weekend. What do you do?

You head to the Solomon Family Dentistry office in Sangaree or Mt. Pleasant, where an oral surgeon awaits, even on Saturday and Sunday. And don’t worry about how you will pay because Solomon Family Dentistry accepts more than 300 insurance plans, including yours.

"If you have pain, we’ll see you the same day – even if you’re not an existing customer," says Dr. Jason Solomon, the son of the founder, Dr. Fred Solomon, and now a partner in the practice.

Your dentist doesn’t offer that service. In fact, no dentist in the Lowcountry offers that service.

Even if you don’t need an oral surgeon, Solomon is the most accessible dental practice in the area. Their six offices are all open Monday through Saturday and each one accepts walk-ins. Because they accept basically every insurance you could have, they’re in-network for you (even if you are a walk-in).

Indeed, there are only six days every year – the major holidays – when Solomon Family Dentistry does not have an office open. During the other 359 days (360 on a leap year), patients are encouraged to come on in!

Oral surgery isn’t the only specialty Solomon offers. Pediatric dentists practice next door to their Carnes Crossing and Knightsville locations six days a week, so you can bring your kids in for a checkup while you have yours next door. The pediatric dentists offer nitrous oxide and IV sedation to comfort children who are apprehensive by injections.

What do patients think about Solomon Family Dentistry’s amazing availability and affordability? For the fifth straight year, Solomon has been named a Charleston Choice winner for Best General Dentistry in the Lowcountry by the readers of The Post and Courier. In addition, for the straight second year, Solomon Kids Pediatric Dentistry has won the award for Best Pediatric Dentist.

It turns out that when you provide quality treatment to people with an affordable price and flexible hours, they like it!

Besides the 300+ insurance plans accepted by Solomon, they also offer a membership plan for those without insurance called Solomon Savers. For a small monthly fee, patients under the Solomon Savers program receive two free cleanings and exams, including x-rays, at no extra charge. Solomon accepts Medicaid and CHIP for families that can’t afford to pay.

Solomon Family Dentistry also employs cutting-edge technology, offering same-day crowns, root canals, and extractions. With crowns, there’s no need to walk around with a temporary crown for a couple of weeks before returning for a permanent crown.

"We feel like everybody should be offered quality treatment at an affordable price and with flexible hours, which is our motto," says Dr. Solomon, a West Ashley native and graduate of Middleton High School and the College of Charleston.

It’s true: Nobody does it quite like Solomon Family Dentistry.

Interested in learning more about Solomon Family Dentistry, or visiting one of their six area locations? Call (843) 871-0842, or use their online form to request an appointment. To learn all about Solomon Dentistry’s offerings, visit their website at SolomonDentistry.com.

How common are black bears in the South Carolina Lowcountry?

CHARLESTON, S.C. (WCBD) – After learning about the death of a young bear in Awendaw over the weekend, many found themselves surprised to discover there was a bear population in the Lowcountry.Officials with Awendaw-McClellanville Consolidated Fire District said someone who was passing through the area found a deceased black bear Sunday afternoon ...

CHARLESTON, S.C. (WCBD) – After learning about the death of a young bear in Awendaw over the weekend, many found themselves surprised to discover there was a bear population in the Lowcountry.

Officials with Awendaw-McClellanville Consolidated Fire District said someone who was passing through the area found a deceased black bear Sunday afternoon off Highway 17 near Milcrest Road.

The bear, which is believed to have been between three and four years old, was struck by a vehicle sometime overnight.

State wildlife officials say black bears are the largest land mammals found in South Carolina – approximately 1,000 are native to the state, which has two distinct populations.

“One can be found in the mountains and the second in the northern coastal plain, which includes Horry, Georgetown, Marion, Williamsburg, Berkeley and Charleston counties,” according to wildlife biologist Kayla Brantly with the South Carolina Department of Natural Resources.

While black bears require a large, expansive forest setting, wetlands like swamps and bay provided a good habitat, according to the South Carolina Department of Natural Resources.

They say black bears are adaptable – and if they find adequate food sources and have suitable dens – SCDNR said the animals can be found in a variety of habitats.

“Home range for bears must include den sites, food, water and cover for adults and young. Typically, male bear home ranges can be 18 to 160 square miles, while home ranges for females are smaller, around 6-19 square miles,” SCDNR reported.

But a shortage of natural food sources and lack of rainfall can cause home ranges to vary.

DNR said black bears will travel large distances to find adequate food sources. “Juvenile bears, especially the males, must disperse to find new home territories. Dispersing juvenile bears have been sighted in many counties in South Carolina. These bears are usually transient and do not stay in the area for long.”

SCDNR reminds residents that while people may be excited about seeing a bear, they are wild animals and should be respected. “Black bears are usually shy, evasive, and non-aggressive toward people,” officials say. “People and black bears can live in the same area with little conflict by following basic rules.”

You can report bear sightings online by visiting: https://www.dnr.sc.gov/wildlife/bear/sightingform.html

Doctors Care, SC medical groups to pay $22.5M in medical fraud case

COLUMBIA, S.C. (WCBD) – Doctors Care and South Carolina medical groups will pay $22.5 million to resolve civil allegations of healthcare fraud.It comes after a whistleblower complaint alleged Doctors Care, the state’s largest urgent care provider network, and its management company, UCI Medical Affiliates of South Carolina, falsely certified that certain urgent care visits were performed by providers who were credentialed to bill Medicaid, Medicare, and TRICARE for medical services.Instead, the lawsuit states the se...

COLUMBIA, S.C. (WCBD) – Doctors Care and South Carolina medical groups will pay $22.5 million to resolve civil allegations of healthcare fraud.

It comes after a whistleblower complaint alleged Doctors Care, the state’s largest urgent care provider network, and its management company, UCI Medical Affiliates of South Carolina, falsely certified that certain urgent care visits were performed by providers who were credentialed to bill Medicaid, Medicare, and TRICARE for medical services.

Instead, the lawsuit states the services were performed by non-credentialed providers.

According to Acting United States Attorney for the District of South Carolina, M. Rhett DeHart, federal health insurance companies require physicians and midlevel providers to apply for and receive approval to bill any services to the insurer. He said this approval is known as a provider’s “billing credentials.”

Providers are obligated to renew these billing credentials periodically and must obtain new credentials with new employment.

According to a news release provided by DeHart’s office, the lawsuit alleges that UCI was unable to secure and maintain necessary billing credentials for most Doctors Care providers dating back to 2013.

It also states that UCI knew that federal insurance programs would deny claims submitted with the billing number of a provider who had not yet received their billing credentials. “But instead of solving its credentialing problem – or holding claims while a temporary solution could be found – UCI allegedly submitted the claims falsely, “linking” the uncredentialed rendering providers to credentialed billing providers in order to get the claims paid,” DeHart’s office reported.

With each “linked” bill, it is alleged that UCI knowingly submitted a false claim for payment. Evidence obtained in support of the allegations includes emails memorializing UCI’s “linking” scheme and well-organized “cheat sheets,” as employees called them, which UCI used to keep track of properly-credentialed billing providers whose names could be substituted on uncredentialed providers’ bills.

The “billing credentials” at issue in this case are distinct from a provider’s degree or license to practice medicine. There is no evidence in this case that any Doctors Care provider lacked a medical license or that patient care was compromised due to the conduct at issue.

“When healthcare companies do business with the federal government, they must follow the rules like everyone else,” said DeHart. “All companies with this distinction – regardless of size – should honor their commitment to provide competent care to the full letter of the law. Our office will continue to protect tax dollars and ensure the rule of law is followed.”

“Taxpayers and Medicare patients rightly expect medical providers to be properly credentialed before billing for their services,” said Derrick L. Jackson, Special Agent in Charge of the Office of Inspector General for the U.S. Department of Health and Human Services (“HHS-OIG”). “Working with our law enforcement partners, we will continue protecting Federal healthcare programs.”

The $22.5 million settlement comes after more than three years of investigations which were led by the US Attorney’s Office in coordination with the HHS-OIG and DCIS.

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