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

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

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

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

 FHA Mortgages Ladson, 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 Ladson, SC.

Refinancing in
Ladson, 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 Ladson, 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 Ladson, 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 Ladson, 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 Ladson, 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 Ladson 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 Ladson, SC

Trust Dan Crance

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

After hours by appointment only. CONTACT DAN

Latest News in Ladson, SC

Lowcountry Rapid Transit proposed park and ride location moved to Ladson

LADSON, S.C. (WCSC) - The Berkeley-Charleston-Dorchester Council of Governments held a public open house Tuesday in Ladson to provide new updates and hear from members of the community on the Lowcountry Rapid Transit.Located at the Lowcountry Rapid Transit lines end, the new location for the proposed park and ride will be at the Exchange Park Fairgrounds in Ladson.The more than 21-mile transit plan is to connect downtown Charleston to the Exchange Park Fairgrounds, where parking for 280 cars will be available.The Berkele...

LADSON, S.C. (WCSC) - The Berkeley-Charleston-Dorchester Council of Governments held a public open house Tuesday in Ladson to provide new updates and hear from members of the community on the Lowcountry Rapid Transit.

Located at the Lowcountry Rapid Transit lines end, the new location for the proposed park and ride will be at the Exchange Park Fairgrounds in Ladson.

The more than 21-mile transit plan is to connect downtown Charleston to the Exchange Park Fairgrounds, where parking for 280 cars will be available.

The Berkeley-Charleston-Dorchester Council of Governments says the location of the park and ride system will be a quick and convenient station for those traveling from surrounding areas to downtown.

“This park and ride will continue to be a critical piece, whether this was the middle line will continue to Summerville or even beyond, folks will still have to drive to this location and park to get on the dedicated guideway,” Lowcountry Rapid Transit Project Manager, Sharon Hollis, says. “But we can get them off of Highway 26, and onto the system to perhaps maybe alleviate some congestion that way.”

The park and ride location was adjusted from the northern end line of downtown Summerville to Exchange Park.

With transit lines ending in Ladson in the current plan, some community members are asking for the routes to be extended to Summerville.

“This needs to go all the way to Summerville, this system has to work,” Best Friends of Lowcountry Transit Executive Director, William Hamilton, says. “There are 300,000 or 400,000 more people coming to our area, there is no possible way, nor is there anything close to the funds necessary to build the necessary roads.

“Congestion will become intolerable unless there are significant efforts made to take some of the burden off of the road system,” he adds.

Hollis says a lot of factors would play into an extension, including funding and demand from those in the area who would use it.

“As we start to build, transit demand from Summerville to this location, we’ll start to have the ability to do that more permanent infrastructure to put the buses and dedicated lane,” she says. “It’s a step process, and we’re just we’re a little further behind than that one.”

Back in March, the Lowcountry Rapid Transit System Project was awarded $100 million in President Biden’s 2024 budget.

“This is the very core of our community; this should remove some of the burden that is on our existing roads, but people need to understand this does not mean that the congestion we have now will disappear,” Hamilton says.

The requested federal funding represents 60% of the project cost, or about $375 million. The anticipated local funding from Charleston County represents 40% of the project cost, or about $250 million.

The Lowcountry Rapid Transit is currently at the halfway mark of the 12-year process with construction expected to begin in 2026.

Copyright 2023 WCSC. All rights reserved.

3-year-old vanishes from apartment before being found at bottom of pond, SC cops say

A 3-year-old vanished from an apartment complex before being found at the bottom of a retention pond, South Carolina officials said.The toddler was pulled from the water with “no signs of life” and was pronounced dead at the scene, according to the Dorchester County sheriff’s and coroner’s offices.The child was identified in a news release as John Tyheem Williams Jr.Deputies said they responded to a report of a missing toddler at about noon on Friday, Sept. 8. The child was last seen at an apartme...

A 3-year-old vanished from an apartment complex before being found at the bottom of a retention pond, South Carolina officials said.

The toddler was pulled from the water with “no signs of life” and was pronounced dead at the scene, according to the Dorchester County sheriff’s and coroner’s offices.

The child was identified in a news release as John Tyheem Williams Jr.

Deputies said they responded to a report of a missing toddler at about noon on Friday, Sept. 8. The child was last seen at an apartment complex in the Ladson area, roughly 20 miles northwest of Charleston.

A deputy reported that someone found an iPod in a retention pond that might have belonged to the 3-year-old. Then, the sheriff’s office started working with other agencies to search the water for the missing child, according to an incident report.

At about 1 p.m., a diver found the child “approximately 15-20 feet from the bank in about 10-12 feet of water.” The toddler’s body was taken to the coroner’s office, where an autopsy was scheduled, according to officials.

Deputies in a Sept. 8 email said they were investigating the child’s apparent drowning death along with the coroner’s office and the S.C. Law Enforcement Division.

At least 4,000 people die from drowning every year in the U.S., according to the Centers for Disease Control and Prevention, and drowning is a leading cause of death for children.

Some factors can make drowning more likely, including not knowing how to swim, a lack of close supervision, not wearing a life jacket and drinking alcohol while recreating near or in water.

The National Drowning Prevention Alliance said there are tips to help keep you safe in the water, including checking local weather conditions, never swimming alone and choosing the right equipment.

“Don’t hesitate to get out of the water if something doesn’t feel right,” the group said on its website. “Whether it’s that the current is getting rough, rain has started to fall, or your body is just not responding like you would like it to due to fatigue or muscle cramps, then just leave and return to the water another day. It’s always a good thing to trust your instincts.”

This story was originally published September 11, 2023, 9:12 AM.

OSHA cites Ladson business after woman ‘crushed’ by large door, dies

OSHA officials have shared their investigative findings on what they believe Pegasus Steel failed to do.CHARLESTON COUNTY, S.C. (WCSC) - More than six months after a woman was crushed to death at a Ladson business, officials with the South Carolina Occupation Safety and Health Administration have shared their investigative findings on what they believe the business failed to do.Jessica Birkmire, 53, died at Pegasus Steel in Ladson on Jan. 12 after a large, steel door closed on her, crushing her arm and head, according to the ...

OSHA officials have shared their investigative findings on what they believe Pegasus Steel failed to do.

CHARLESTON COUNTY, S.C. (WCSC) - More than six months after a woman was crushed to death at a Ladson business, officials with the South Carolina Occupation Safety and Health Administration have shared their investigative findings on what they believe the business failed to do.

Jessica Birkmire, 53, died at Pegasus Steel in Ladson on Jan. 12 after a large, steel door closed on her, crushing her arm and head, according to the Charleston County Coroner.

OSHA’s investigative report says Birkmire was preparing to unload materials at a large bay door when she reached through a small gap to click the ‘open’ button. She instead clicked the ‘close’ button, and the door shut on Birkmire.

OSHA details how Pegasus Steel did not conduct a ‘job hazard analysis,’ and despite making references to these job inspections, they provided no documentation to prove these risk assessments had been completed.

They say their inspection revealed conditions they believe to be in violation of state health and safety laws, specifically Code 41-15-210, which states “each employer shall furnish to his employees employment and a place of employment which are free from recognized hazards that are causing or are likely to cause death or serious physical harm to his employees.”

The report states this is a ‘serious’ violation.

OSHA’s report goes on to say there is, however, a memo from management sent out last summer that explains how employees were not authorized to walk through the bay doors, according to the report. During investigative interviews, OSHA found employees were routinely walking through these doors, and the report states no disciplinary action was taken.

The Chief Human Resources Officer for Pegasus Steel said in an interview with OSHA officials that Birkmire broke safety codes at the business when she reached through the bay door. The report also details how Birkmire was “headstrong” and that management had told her in the past to “not place her body in places that can hurt her.”

OSHA says the company also should have had sensors in place to detect objects in the door’s path.

OSHA provided Pegasus Steel with tips on how to keep the door from closing on people again including installing sensors. The business is also now ordered to pay a penalty of $3,500.

Officials said in the report they’re currently working on relocating those control buttons that Birkmire pushed. The business did not respond to a request for comment.

Copyright 2023 WCSC. All rights reserved.

HOT PROPERTIES: Ladson complex sells for $77.5M

A 336-unit multifamily housing complex in Ladson called Broadstone Ingleside sold for $77.5 million, according to Cushman & Wakefield, a commercial real estate services firm that arranged the deal.Cushman & Wakefield’s John Phoenix, Louis Smart and Austin Green represented the seller in the transaction. The multifamily community was acquired by a joint venture between affiliates of Abacus Capital and Westbrook Partners, according to a Cushman & Wakefield news release."Broadstone Ingleside is a best-in-cla...

A 336-unit multifamily housing complex in Ladson called Broadstone Ingleside sold for $77.5 million, according to Cushman & Wakefield, a commercial real estate services firm that arranged the deal.

Cushman & Wakefield’s John Phoenix, Louis Smart and Austin Green represented the seller in the transaction. The multifamily community was acquired by a joint venture between affiliates of Abacus Capital and Westbrook Partners, according to a Cushman & Wakefield news release.

"Broadstone Ingleside is a best-in-class garden asset built by one of the most prolific developers in the nation,” Smart, director at Cushman & Wakefield, said in the news release. “This deal is in the absolute bullseye for job growth and in-migration in Charleston — one of the fastest growing and most sought-after markets we cover.”

Broadstone Ingleside is a desirable property because it is positioned in a rapidly expanding North Charleston submarket just off Interstate 26, located near several big-name corporations, the news release said.

Cushman & Wakefield’s Sunbelt Multifamily Advisory Group is a 109-person investment sales team covering 11 states. The group closed $11.1 billion in sales volume through 360 deals and more than 60,300 units.

Hot Properties highlights recently sold or leased commercial properties in the Charleston region. Send in your transactions using our online form. Other recent commercial real estate transactions include:

Brent Case and Jing “Julia” Donovan of Coldwell Banker Commercial Atlantic represented the landlord, Windsor Hill Flex LLC, in the lease of retail/flex/office space at Suite 4 at 8210 Windsor Hill Blvd. in North Charleston. Hannah Kamba of Coldwell Banker Commercial Atlantic represented the tenant, La Hacienda of West Ashley LLC.

Kristen Krause of Coldwell Banker Commercial Atlantic represented the seller in the sale of 2,500 square feet on 1.29 acres of commercial redevelopment property at 1905 Old Trolley Road in Summerville for $1.5 million. Michael Silverman of TSCG represented the buyer.

Jing “Julia” Donovan of Coldwell Banker Commercial Atlantic represented the tenant, Poke Cafe Tanger Outlet LLC, in the lease of retail space at Tanger Outlet in North Charleston from Masison Plaza LLC. Chase Development Company represented the landlord.

Markus Kastenholz and Remington Beatty of Colliers South Carolina represented the buyer, Triple B Capital LLC, in the sale of retail space at 2400 Gap Road in North Charleston for $2,000,000.

Robert Pratt of Re/Max Pro Realty represented the buyer, RLP LLC and Tricom Associates LLC, in the sale of 10,880 square feet of retail space at 10599 Dorchester Road in Summerville from PRED Pharmacy-Summerville LLC for $1,850,000. Joel Cukier of Ascension Advisory represented the seller.

Patrick Nealon of Colliers South Carolina represented the seller, Arbys Properties LLC, in the sale of 2,600 square feet of retail space at 6124 Rivers Ave. in North Charleston to Abrahim Dabit.

Ladson man raises concerns over large number of dead bees

LADSON, S.C. (WCIV) — There is a buzz in the Ladson area about dead bees near a house. The homeowner is concerned after finding them.Bees are important pollinators. Many crops people eat are thanks to them. On top of that, honeybees produce honey.There is a buzz in the Ladson area about dead bees near a house. The homeowner is concerned after finding them. (WCIV)Read more: ...

LADSON, S.C. (WCIV) — There is a buzz in the Ladson area about dead bees near a house. The homeowner is concerned after finding them.

Bees are important pollinators. Many crops people eat are thanks to them. On top of that, honeybees produce honey.

There is a buzz in the Ladson area about dead bees near a house. The homeowner is concerned after finding them. (WCIV)

Read more: Grand Bees residents voice concerns over heavy crow population in their neighborhood

"I get up in the morning, and I come through here because there is a lot of pine straw and leaves," Chris Wells said. "I'll blow all this off, so they are normally congregated around here and up here."

"In the back, don't really find many, but I got chickens back there," he continued. "(The chickens) probably eat them once they are on the ground and dead."

It's been happening over the past month. Near the front of the house, Wells says he was finding up to 100 a day. Recently, it's been a little less, but still more than 20 a day.

Wells doesn't think mosquito spraying is the cause since his house in Dorchester County was last sprayed two weeks ago. Other areas in the Lowcountry allow residents to opt out of spraying to protect bees.

Brian Fahey, who does beekeeping as a hobby, is impressed with how Charleston County officials work hard to protect the bees.

"The measures (county officials) take to make certain that they're not over-paying or contaminating any of our hives or taking out any bees (includes) spraying at night," he said. "Bees only fly during the day, they need sunlight to be able to navigate."

By looking at the pictures, Fahey thinks the bees' tongues sticking out could be a sign of poisoning, but it is hard to tell without further inspection. He says the bees definitely look older, although they typically only live up to 45 days.

Read more: Bee swarming season: what to do if you spot a swarm

"The last thing honeybees do is forage," Fahey said. "As they're forging, they're on their last legs. They're beating their wings to death."

Whatever the cause, Wells is hoping to get to the root of the problem because he believes the lack of bees around him has resulted in less pollination this year.

“We have a bunch of plants back there that needed to be pollinated," he said. "We didn't get any blueberries this year. Got a few figs, but normally, we get a pretty good amount of blueberries."

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