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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

Sensory-Friendly Santa event in Charleston caters to families with autistic kids

In Charleston’s bustling holiday season, parents gear up to bring kids to the traditional Santa at the mall. But for parents of autistic kids, that vibrant scene could be a potential sensory overload.That’s why the Medical University of South Carolina’s SPARK research group and Tri-County Therapy are hosting a Sensory-Friendly Santa event on Dec. 2 in Ladson at 3851 Commercial Center Drive from noon to 5 p.m.Autism families often have to forego the traditional photo of kids with Santa, said Dr. Laura Carpenter...

In Charleston’s bustling holiday season, parents gear up to bring kids to the traditional Santa at the mall. But for parents of autistic kids, that vibrant scene could be a potential sensory overload.

That’s why the Medical University of South Carolina’s SPARK research group and Tri-County Therapy are hosting a Sensory-Friendly Santa event on Dec. 2 in Ladson at 3851 Commercial Center Drive from noon to 5 p.m.

Autism families often have to forego the traditional photo of kids with Santa, said Dr. Laura Carpenter, professor of pediatrics and psychiatry and chief of psychology for SPARK.

“Going to a crowded Christmas event can be really hard because those are usually lots of lights, lots of noise and lots of crowds that can be really overwhelming,” Carpenter said. “We’re trying to give them that typical childhood experience, but in a way that is actually enjoyable for the child.”

According to a recent report from the Centers for Disease Control and Prevention (CDC), one in 36 children have been identified with autism spectrum disorder at age 8, a significant rise from past years. The CDC also found that autism diagnoses increased 30 percent from 2018-2020 in minority communities.

“For the first time, the percentage of Asian, Black and Hispanic children identified with autism was higher than among 8-year-old White children,” according to an article published by the S.C. Department of Health and Environmental Control.

The Ladson event will not only give kids a chance to experience Santa Claus in a less-crowded and overwhelming environment, but families are also able to contribute to autism research.

SPARK is a nationwide community of families, autistic adults and researchers working to understand autism and improve lives. The organization is researching autism across the lifespan to better understand what makes each person with autism unique — and how each child, adult and family can get the support they need to thrive. There are approximately 50,000 people included so far.

NORTH CHARLESTON — To continue efforts to become the Coast Guard’s “operational center of gravity” on the East Coast, officials broke ground Jan. 26 on its new $160 million campus.

This 64-acre site along the Cooper River — just south of the former naval base that closed in 1996 — will house an administration building and redesigned 1,100-foot concrete pier.

Construction is expected to begin later this year and be completed in 2026.

“This Charleston campus will have improved infrastructure that translates into more productive personnel and more efficient operations,” said Capt. Neal Armstrong, the commanding officer of facilities design and construction.

The 51,500-square-foot administration building will provide training and conference room space, and additional rooms dedicated to cutter ship support.

Sustainability is a priority, so the new facility will achieve net-zero energy usage and a net-zero carbon footprint, Armstrong said.

The current Pier November will be replaced with a pier more than three feet taller to enhance durability during coastal storms. It will provide utilities to support five national security cutters and a 90-ton crane, which is critical for dockside maintenance, Armstrong said.

During the design and construction phases nearly 60 subcontractors will support the two main contractors on the project, Whiting-Turner Contracting Company and RQ Construction LLC, providing work for nearly 900 people.

Commandant of the Coast Guard Adm. Linda Fagan, who spoke at the groundbreaking ceremony, said every Coast Guard mission begins and ends at a shore facility. When the ships are not at sea, they need a base that can provide necessary maintenance, she added.

The missions conducted at Base Charleston are vital to protecting national security and economic prosperity, Fagan said, adding that the new campus will aid in “lifesaving work,” including patrolling the waters for smuggled narcotics.

Berkeley Co. deputies investigating after shooting leaves 1 injured in Ladson

The Berkeley County Sheriff’s Office is investigating after a shooting in Ladson left one person injured.The shooting occurred on Miami Street, off College Park Road.Just after 1 p.m. on Friday, Nov. 10, Berkeley County Communications received a 911 call about a shooting that occurred with one person injured. Responding deputies located the victim in the parking lot of Food Lion after the victim attempted to have someone drive them to an emergency room.The victim was transported to an area hospital for treatment....

The Berkeley County Sheriff’s Office is investigating after a shooting in Ladson left one person injured.

The shooting occurred on Miami Street, off College Park Road.

Just after 1 p.m. on Friday, Nov. 10, Berkeley County Communications received a 911 call about a shooting that occurred with one person injured. Responding deputies located the victim in the parking lot of Food Lion after the victim attempted to have someone drive them to an emergency room.

The victim was transported to an area hospital for treatment.

The Berkeley County Sheriff’s Office continues to investigate this case.

Dar Shokri and Fred Robinson each hit a hole-in-one in January to start 2024 off with a bang at Goose Creek’s Crowfield Golf Club

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Goose Creek Mayor Greg Habib, left, was joined by John Matthews of the Goose Creek NAACP at city hall to officially proclaim Monday, Jan. 15, as Dr. Martin Luther King Jr. Day in the city of Goose Creek. King was born Jan. 15, 1929, and the day has been celebrated as a federal holiday for 38 years. The proclamation praises King for “working alongside people of all ages, races and backgrounds” and encouraging Americans “to come together to strengthen communities and empower the impoverished.”

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By submitting this form, you are consenting to receive marketing emails from: The Post and Courier, 148 Williman Street, Charleston, SC, 29403, US, https://www.postandcourier.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact.

Leidos announces new manufacturing facility in North Charleston, South Carolina

Facility will insource production of key security products and bring new jobs to the region(RESTON, Va.) July 6, 2023 – Leidos (NYSE:LDOS), a FORTUNE® 500 science and technology leader, today announced plans to establish a new security systems manufacturing facility in North Charleston, South Carolina. This will be the company’s third security systems manufacturing location in the U.S., expanding its presence and support to customers. Le...

Facility will insource production of key security products and bring new jobs to the region

(RESTON, Va.) July 6, 2023 – Leidos (NYSE:LDOS), a FORTUNE® 500 science and technology leader, today announced plans to establish a new security systems manufacturing facility in North Charleston, South Carolina. This will be the company’s third security systems manufacturing location in the U.S., expanding its presence and support to customers. Leidos will invest $31.7 million in the new facility, creating up to 170 new jobs in the region over time.

“This facility brings more manufacturing back into the U.S. and expands Leidos’ global security capabilities for the aviation and critical infrastructure markets,” said Jim Moos, Leidos Civil Group president. “We’re thrilled to expand into the North Charleston area and look forward to making a positive impact in the community.”

The new facility will produce security systems for Leidos’ Security Enterprise Solutions (SES) operation. SES offers a comprehensive suite of fully automated and integrated products for aviation, shipping ports, border crossings and critical infrastructure customers. These systems provide threat detection by screening baggage, cargo and people at checkpoints around the world.

“Leidos’ $31.7 million investment in their new facility here in the Lowcountry will lead to significant job growth and economic development,” said Congresswoman Nancy Mace (R-SC-1). “We congratulate them on their expanding operation and thank them for putting their faith in South Carolina.”

Located in Ladson Industrial Park, the new 150,000-square-foot facility will enable Leidos to onshore more manufacturing increasing the company’s critical capacity to support its growing customer base. The new plant will optimize manufacturing efficiency, quality and safety through application of best-in-class manufacturing processes. The facility is currently under construction and is expected to be fully operational by the first half of 2024.

About Leidos

Leidos is a Fortune 500® technology, engineering, and science solutions and services leader working to solve the world’s toughest challenges in the defense, intelligence, civil, and health markets. The company’s 46,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $14.4 billion for the fiscal year ended December 30, 2022. For more information, visit www.leidos.com.

Certain statements in this announcement constitute “forward-looking statements” within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission (SEC). These statements are based on management’s current beliefs and expectations and are subject to significant risks and uncertainties. These statements are not guarantees of future results or occurrences. A number of factors could cause our actual results, performance, achievements, or industry results to be different from the results, performance, or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the “Risk Factors” set forth in Leidos’ Annual Report on Form 10-K for the fiscal year ended December 30, 2022, and other such filings that Leidos makes with the SEC from time to time. Readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Leidos does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.

CARTA’s plans to build facility at fairgrounds sparks controversy

LADSON, S.C. (WCSC) - Representatives of the Coastal Carolina Fair are voicing their concerns about Charleston Area Regional Transportation Authority’s plans to build a park-and-ride facility at the fairgrounds.This park-and-ride facility is a part of CARTA’s Lowcountry Rapid Transit Plan – the first-ever large-scale transportation project in the region.CARTA Chairman Mike Seekings, says this $600 million plan is the result of over a decade of regional planning.“Large-scale transit projects are a ...

LADSON, S.C. (WCSC) - Representatives of the Coastal Carolina Fair are voicing their concerns about Charleston Area Regional Transportation Authority’s plans to build a park-and-ride facility at the fairgrounds.

This park-and-ride facility is a part of CARTA’s Lowcountry Rapid Transit Plan – the first-ever large-scale transportation project in the region.

CARTA Chairman Mike Seekings, says this $600 million plan is the result of over a decade of regional planning.

“Large-scale transit projects are a function on the front end of planning - a lot of planning - identifying the needs of a community, and seeing how we can meet those needs by planning out the alignment, finding the funding, and we’ve done all those things. So, we’re a good ways down the road right now,” Seekings says.

If plans go through, the facility will take up about six acres of the 180 acres available for parking on the fairgrounds. Mike Jernigan, a member of the Exchange Board as well as the former president of the Coastal Carolina Fair, says that their initial discussions with CARTA were about leasing an acre to an acre and a half of land for a bus stop, but he said that CARTA wanted more land to either purchase or take by eminent domain.

Seekings is surprised by this response. He says that they spoke with the leadership of the fairgrounds early in the process and have had conversations over many years about this area of land.

Officials with the Coastal Carolina Fair say that their issue is not the size of the facility, though, but the location. The park-and-ride facility would be located in lot 2A of the fairgrounds which is adjacent to Highway 78 and Gate 2 – one of the major entrances of the fairgrounds.

“We feel like supporting public transportation is a good thing. We’re not opposed to that in any way,” Jernigan says. We just feel like this location is the wrong location. That there are other options that are available adjacent to our property, or even at a different place on our property, but not to take our prime parking spot.”

Seekings says that throughout the conversations over the years, they have changed the intended location of this facility twice, and lot 2A was what was agreed upon.

“We’ve identified, through cooperative meetings with the Exchange Club, a number of different spaces. This last one we actually had a public hearing over at their request in August,” Seekings says. “So, we’re a long way down the road. It’s not signed, sealed and delivered, but it’s unlikely that we’re going to change the routing and change the manner in which we’ve gone through a long planning process. And now, at the eleventh hour, we’re ready, we’re ready to go implement this project - cooperatively, fairly to the benefit of all citizens in the region, including but not limited to those who are aligned with the Exchange Club and those who like to go to the fair.”

Jernigan disagrees. He says that they believe the location of the facility would disrupt patrons’ ability to enter and exit the fair, hurt fair revenue generation and impact the future success of the fair as well as their ability to support their community partners.

“This lot that would be affected by this potential park-and-ride disrupts our ability to park people efficiently. It would eliminate our ability to use one of our primary gates, and we feel like the effect of that on our parking means that we have less revenue and then less money to give away to the charities that depend on the profits from the fair,” Jernigan says.

The Coastal Carolina Fair supports about 70 different nonprofit organizations and charities in the area. CARTA and the fair representatives are not seeing eye-to-eye on this park-and-ride project. Seekings said they believe this project will actually have the opposite effect and be beneficial to the fair.

“Having access to the fair from public transit brings more people to the gate, enhances gate revenue, makes it more convenient, gives you many more local connections,” Seekings says. “It will be a very cooperative and beneficial experience for both sides of this and for the region.”

Jernigan says they just want to have more conversations about these plans and alternative solutions.

“We feel like there’s too much at stake here for the community, the charities we support and the long-term future of the fair to not have more discussion about other options which we feel like are available to CARTA in this general area - but you know, potentially even on the backside of the fair property - that need to be given consideration,” Jernigan says.

Jernigan says that even though the land is privately owned, the decision is ultimately not up to him, though, it is up to government officials.

Seekings says they want to make the plan work for everyone and enhance the experience for the community, but that it is unlikely much will change now that they are this far along. He says they want to implement this plan cooperatively and fairly and he believes there is some misunderstanding here. He says that this project is world-class public transit that works for everyone.

If plans go through, construction is slated to begin in 2026 and be completed by 2029.

Copyright 2023 WCSC. All rights reserved.

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

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, 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.

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