With 30 years in the industry

Mortgage Broker in Mauldin, SC

Ask Dan Anything843-478-5612

Book an Appointment

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

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

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

Ask Dan Anything843-478-5612
 Conventional Mortgage Mauldin, SC

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

 FHA Mortgages Mauldin, 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.
Ask Dan Anything843-478-5612

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 Mauldin, SC.

Refinancing in
Mauldin, 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 Mauldin, 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 Mauldin, 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 Mauldin, 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 Mauldin, 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 Mauldin 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 Mauldin, SC

Trust Dan Crance

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

After hours by appointment only. CONTACT DAN

Latest News in Mauldin, SC

How a South Carolina high school earned a spot in the iconic Macy's Thanksgiving Day Parade

GREENVILLE — The Mauldin High School dance team sat in the cafeteria minutes before the town Christmas parade when their assistant coach blurted out an idea."Wouldn't it be so cool if we were doing a parade in New York City?" Mary Belvin asked.Sure, it sounded cool, but the Macy's Thanksgiving Day Parade? The second oldest Thanksgiving parade in the nation that plays on TVs all across the country? Was it even possible, let alone for a program in its first year?Little did the dancers know that Belvin went ...

GREENVILLE — The Mauldin High School dance team sat in the cafeteria minutes before the town Christmas parade when their assistant coach blurted out an idea.

"Wouldn't it be so cool if we were doing a parade in New York City?" Mary Belvin asked.

Sure, it sounded cool, but the Macy's Thanksgiving Day Parade? The second oldest Thanksgiving parade in the nation that plays on TVs all across the country? Was it even possible, let alone for a program in its first year?

Little did the dancers know that Belvin went home that night and searched: "How do you get into the Macy's Thanksgiving Day parade?"

Three years later, when 3.5 million people crowd into Manhattan to watch the 98th iteration of the iconic parade, they will see the Mauldin Mavettes high school dance team.

On Thanksgiving Day, the Upstate school will join 8,000 participants and share the stage with Jimmy Fallon, Santa Claus, The Rockettes and The Temptations.

Mauldin will participate in the parade alongside another in-state school: The University of South Carolina marching band, which will bring more than 375 students to its first Macy's Thanksgiving Day Parade appearance.

For the Mavettes, it comes just six years after the program disbanded — and then came roaring back to life.

"This does not feel real," said senior Chloe Latimore. "It's not common you meet someone that has gone to perform in the Macy's Thanksgiving Day Parade."

The inception

Following a near five-decade run, the dance team dissolved in 2018. Their coach left, and there was no one left to run the program.

Then, in 2021, Belvin, the principal secretary who previously managed a dance school, helped bring it back to life.

While many of the dancers compete for their local dance studios, the Mavettes are non-competitive, performing at community events like festivals, high school football games and even USC halftime shows.

After Belvin first dropped the idea of joining Macy's, they just kept talking about it and talking about it until it finally became real.

In 2023, with eight graduating seniors, the coaches decided they were finally ready to try for a spot in Spirit of America Productions, a group that sends high school dancers nationwide to the parade every year.

The Mavettes learned new dances for the audition in August with a choreographer and drilled them until January. They hired a videographer and recorded an audition tape, featuring football halftime routines and palm-style moves. They spelled out Macy's with their pom-poms.

Still, head coach Mary Burns didn't expect to get accepted.

"I thought it would be: Put it in, learn from what we can do better on the audition process and apply again," Burns said. "That's really how I thought it was going to go. I really never expected the first time to ever actually be accepted."

A few weeks later, in late January 2024, they heard back. That night at 7 p.m., Belvin called for an impromptu team meeting in their GroupMe.

"I said, 'well, we're going to Macy's,'" Belvin said. They jumped up and down. They were just beyond excited."

Preparing for the parade

Since earning a spot in the parade, they have received costumes, a link to the choreography and, now, it's go time.

When the Mavettes walk through Manhattan, they will be joined by 500 high school dancers from across the country as part of Spirit of America.

"Each year, Macy’s Studios searches nationwide to select top-notch talent and performance groups to join the iconic Macy’s Thanksgiving Day Parade," Sara Flores, Macy’s Thanksgiving Day Parade associate producer, told the Post and Courier in a statement. "We are thrilled for performers from Mauldin High School to make their debut in this year’s line-up to bring style and spectacle to the streets of New York City."

For six of the 18 dancers, it's their first time in New York City. For three, it's their first time on the plane. They will attend "& Juliet" on Broadway, ride a boat cruise to the Statue of Liberty and go window shopping at Tiffany & Co. jewelry store.

But it's not a vacation. It will be intense work. On Saturday, the day they arrive, they'll have a four-hour rehearsal. On Sunday, they'll have an eight hour rehearsal.

The rehearsals will continue, day after day, until Thanksgiving and the Mavettes parade through New York City.

"I don't know how many other high school teams can be in existence for four years," Burns said, "and do something like this."

Greenville Triumph has found a home: Club announces 10,000-seat, $80M stadium in Mauldin

After years of searching for a permanent home, the Greenville Triumph and Liberty Soccer Clubs will finally have their own stadium at BridgeWay Station in Mauldin.The 10,000-seat multi-use sports and entertainment stadium will be built one parking lot away from Mauldin’s European-inspired plaza, breaking ground in 2025 and opening in 2026. The project is estimated to cost between $80-$100 million.“This stadium will be a place where our entire community comes together to celebrate, to compete and to cr...

After years of searching for a permanent home, the Greenville Triumph and Liberty Soccer Clubs will finally have their own stadium at BridgeWay Station in Mauldin.

The 10,000-seat multi-use sports and entertainment stadium will be built one parking lot away from Mauldin’s European-inspired plaza, breaking ground in 2025 and opening in 2026. The project is estimated to cost between $80-$100 million.

“This stadium will be a place where our entire community comes together to celebrate, to compete and to create memories that will last a lifetime. In addition to the Triumph and Liberty teams, we will allow young athletes of all shapes, sizes, races, religions, to come here and play in this great stadium,” said Greenville Triumph Chairman Joe Erwin. “This is your stadium: The peoples’ stadium.”

The new stadium is a partnership between the clubs, BridgeWay Station and the City of Mauldin. Local development group Hughes Investment also played a role.

The stadium will also host lacrosse, rugby, football, concerts and festivals. BridgeWay station is located close to the Swamp Rabbit Trail and will be accessible from the trail, Erwin said.

About 200 people, from soccer fans to government officials, gathered at BridgeWay Station for the announcement.

Mauldin Mayor Terry Merritt said the city has often been forgotten in Upstate development, but it’s time for that to change.

“Mauldin is a vibrant, fast-growing community. Since 2010, Mauldin has grown from a city of just under 23,000 residents to now more than 29,000, and that number is projected to increase to 35,000 residents by 2030,” Merritt said. “Historically, we've always been known as a crossroad community or a pass-through community…a place you drive through on your way somewhere else, and we knew we needed to change that.”

Merritt said he believes this stadium will help turn Mauldin into the destination residents already believe it is.

But it’s been a long time coming.

Owners of the club previously tried to build a stadium at BridgeWay station in 2022, but “Project Kick,” as it was known at the time, died when the majority of the Greenville County Council Finance Committee voted against the development. Councilmember Ennis Fant cited concerns about the nearly $39 million price tag at the time, saying that the county would not raise taxes to foot the bill.

In the Triumph’s early days, they played at Legacy Early College Field in Greenville’s Southernside neighborhood. Legacy served as the venue for the Triumph beginning with their inaugural game in 2019, then later for the women’s pre-professional league, the Greenville Liberty, when it launched in 2022.

Both teams continued to play at Legacy until 2023. Then, they moved operations to Furman’s 16,000-seat Paladin Stadium, where they’ve since played home games. The Triumph plays in the USL League One, a third division of American soccer. The Liberty plays in the USL W League. The group also has two youth teams, Erwin said.

State Sen. Ross Turner (R-Greenville) said that public-private partnerships like the new stadium are helping South Carolina prosper.

“Public-private partnerships like this one are essential for creating the kind of thriving, forward-thinking communities we envision for South Carolina by working together across government, business and community lines, we're investing in a future that strengthens our economy and enhances our quality of life for generations to come,” Turner said. “This is a win for the Upstate. It's a win for Mauldin, and it's a win for all South Carolinians.”

Hughes Investment Vice President River Hughes said that in addition to the stadium, BridgeWay Station will continue to grow.

“Not only is this an opportunity for sports and soccer and community engagement to continue to grow in Mauldin, South Carolina, this is an opportunity for overall growth in the entire Upstate,” Hughes said.

So far, sports and local real estate consultants from McCullers Group in Westerville, Ohio and McMillan, Pazdan, Smith Architecture of Greenville are members of the project team.

As the team prepares to break ground next year, Upstate residents can find more information about the new stadium on the Triumph and Liberty clubs’ sites, at www.greenvilletriumph.com/newstadium/.

Sarah Swetlik covers business, growth and development for The Greenville News. Previously, she covered environmental issues and climate change. You can reach her at sswetlik@gannett.com or via X at @sarahgswetlik.

Disclaimer:

This website publishes news articles that contain copyrighted material whose use has not been specifically authorized by the copyright owner. The non-commercial use of these news articles for the purposes of local news reporting constitutes "Fair Use" of the copyrighted materials as provided for in Section 107 of the US Copyright Law.