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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 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.

 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.

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

Opening date set for first restaurant at BridgeWay Station in Mauldin

The first food and beverage business will open Friday, Dec. 22, at a highly anticipated new mixed-use development in Mauldin.BridgeWay Brewing Co. will open at 4 p.m. at 610 Bridgeway Blvd. in BridgeWay Station, according to a news release.Bridgeway Brewing Co. is a full-service restaurant and sports bar with indoor and outdoor seating, an on-site brewery, and duckpin bowling lanes.The ...

The first food and beverage business will open Friday, Dec. 22, at a highly anticipated new mixed-use development in Mauldin.

BridgeWay Brewing Co. will open at 4 p.m. at 610 Bridgeway Blvd. in BridgeWay Station, according to a news release.

Bridgeway Brewing Co. is a full-service restaurant and sports bar with indoor and outdoor seating, an on-site brewery, and duckpin bowling lanes.

The chef-curated menu features bar food such as burgers, wings, crab cakes, soft pretzels and egg rolls. The in-house brewery crafts a variety of signature beers, ranging from blondes and IPAs to seasonal brews, while the full bar offers an extensive bourbon list and craft cocktail menu. A sports bar with more than 6,000 square feet of space includes 15 TVs lining the walls, along with four duckpin bowling lanes that can be rented out for private parties and events.

Owner Michelle Dodge, a former commercial banking executive-turned entrepreneur, partnered with industry veteran Nate Tomforde to fulfill a lifelong dream of opening a brewery and creating a unique and welcoming space for friends, family and the community to gather, the release said.

As this is Dodge’s first business, she said it is “truly surreal” to see it all come to fruition with a knowledgeable business partner like Tomforde.

“This concept has been two years in the making but has been in mind for a very long time,” said Dodge. “I come from a family of small business owners and after working in corporate America for 28 years, I knew there was something more inside of me. My family was extremely supportive throughout the process.”

Dodge said she met Tomforde two years ago, and together, they discussed her vision for the sports bar and brewery.

“He’s been extremely instrumental in helping me hire the right people and training them,” she added. “I couldn’t have asked for a better partnership. He really listened to my dream and helped me bring it to fruition.”

Related story: 4 new tenants at Mauldin’s BridgeWay Station replace others due to ‘market and industry challenges’

Related story: First tenant opens at BridgeWay Station in Mauldin

Related story: Upscale Mexican restaurant among latest tenants coming to Mauldin development

Related story: Greenville hospitality group to open sixth restaurant in Mauldin

Related story: Two new restaurants coming to Mauldin mixed-use development

Related story: Longtime Upstate restaurant group to open third location in Mauldin

With family connections to the military and first responders, Dodge said she has a passion for their service and is a true patriot. In addition to raising money for local organizations that support veterans and first responders, Dodge put a large American flag at the front door to show her support. Veterans and first responders also will receive a 10% discount off their bill every time they go to the bar.

“This part of the Upstate needs another neighborhood bar and what we offer,” said Dodge. “We are very excited to be here at BridgeWay station and for others to open to make this more of a destination. It’s a truly wonderful community and accessible not only to those who live on the Golden Strip but for those coming from Greenville, too.”

Retail tenants currently open at BridgeWay Station include Le Chic Nails Lounge, The Junkyard, Plum: A Lifestyle Boutique, and The Worx at BridgeWay Station. In addition to the BridgeWay Brewing Co. opening this winter, City Market at BridgeWay Station is expected to open sometime in January. Additional tenants actively upfitting their individual spaces include El Guapo, Cocobowlz, Old Europe Desserts, Stella’s Restaurant Group, Rocco and The Plank by Dine Development Group, and Table 301. These retailers will be incorporated into the project alongside previously announced office and institutional users, including Dodge Bearings and Power Transmission; GREEN Charter Upstate High School; Jackson Marketing, Motorsports & Events; and Spectrum.

Lili + Koko Boutique + Bubbles, Jeremiah’s Italian Ice, Lucille’s, and Mercato are all slated to open in early spring.

Popular Mauldin dog park bar sold to new owners

After only a year of being open, a popular Mauldin dog park bar was sold to new owners last week.While the heart of the dog park bar will remain the same, according to the new owners, the name will change to “The Dapper Dog.”Co-owner Stephanie Danielsson said the sale was completed last Tuesday after about a month of deliberating.The Dapper Dog will offer boutique dog training services alongside the bark bar. It will be a “train-by-day, play-by-night concept,” she said, that she and co-owner Sean ...

After only a year of being open, a popular Mauldin dog park bar was sold to new owners last week.

While the heart of the dog park bar will remain the same, according to the new owners, the name will change to “The Dapper Dog.”

Co-owner Stephanie Danielsson said the sale was completed last Tuesday after about a month of deliberating.

The Dapper Dog will offer boutique dog training services alongside the bark bar. It will be a “train-by-day, play-by-night concept,” she said, that she and co-owner Sean Martin hope will help build a safe, happy and confident environment for dogs and their owners.

In September, Danielsson and Martin decided to take one of their dogs, Blu, and grab a beer at Off The Chain, only to pull up to a “Closed for Renovations” sign. It wasn’t until later they learned from a former employee that the bar might be up for sale.

“We immediately reached out to the owners,” said Danielsson. “Sean is a dog trainer and has been considering opening his own business come the new year. We saw this as an opportunity to bring together the two concepts in one place. After a few weeks, we heard back and now, here we are.”

Danielsson said she and Martin have lived in Greenville for a little more than two years. They have four dogs and are excited for this new chapter.

“We were thrilled when Off The Chain opened in our neighborhood,” she said. “We’re excited to be a part of this growing community and continue to provide a space for our fellow dog lovers.”

Danielsson said, at first, the biggest change will be the addition of training services.

“We are really passionate about helping dog owners and their pups,” she added.

Training has allowed them to provide a better environment for their own dogs and create better relationships between the dogs they work with and their owners, she said. In the bark bar, they are hoping to provide extended hours and a variety of events.

“We have some other plans, but you’ll just have to wait and see what’s in store,” said Danielsson. “Sean and I are excited to contribute to our community and create a fun and comfortable place for pet owners and their four-legged friends. This is our chance to build the type of place we’ve always wanted to be able to spend time with friends and our dogs (anyone who knows us, knows we’re kind of obsessed with them) all while having a little fun along the way.”

Danielsson said they don’t have an official open date for the new concept but hope to be open before Thanksgiving to invite customers back before the holidays.

Progress continues at Mauldin’s Maverick Yards

MAULDIN, S.C. (WSPA) – The city of Mauldin is working with builders on a mixed-use development to create new townhomes, dining, entertainment, and extended access on the Swamp Rabbit Trail.Driving near Jenkins Street, the area is cleared out, making room for new growth.“What you’re seeing today was our old public works facility that we will be putting about 40 to 42 townhomes on. And then behind me, Drew Parker is developing what we are calling the Pickle Yard,” said Mayor Terry Merritt.Merritt ha...

MAULDIN, S.C. (WSPA) – The city of Mauldin is working with builders on a mixed-use development to create new townhomes, dining, entertainment, and extended access on the Swamp Rabbit Trail.

Driving near Jenkins Street, the area is cleared out, making room for new growth.

“What you’re seeing today was our old public works facility that we will be putting about 40 to 42 townhomes on. And then behind me, Drew Parker is developing what we are calling the Pickle Yard,” said Mayor Terry Merritt.

Merritt has been a longtime resident of the city.

“I’ve been here all my life,” said Merritt. “It’s a good, safe community with recreation, everything we need right in our core.”

On Friday, he showed 7NEWS around the site of the now-demolished public works facility that is home of two new developments.

“We’re putting in four indoor pickleball courts, four pocket restaurants, outdoor entertainment amenities. We will underground the storm water runoff and we’ll put a parking lot on top of it,” said Merritt.

The Parker Group is working with the city to redevelop a 20,000-square-foot industrial warehouse into the future Pickle Yard. It will feature six pickleball courts, restaurants with outdoor seating, a stage for live performances, fire pits, and a beer garden.

The city said it also plans to expand access in that area to the Swamp Rabbit Trail.

“If you study and see the demographics of the demand, we didn’t have it. So it’s exciting for the last ten or twelve years that the councils have seen the vision and know that we’ve got to have a place for the young ones coming,” said Merritt.

Right next door, Longbranch Development is in the beginning phases of constructing more than 40 townhomes. It’s an effort, the city said, to accommodate the area’s growth.

“An old quote from one of our old city administrators: ‘We are a bona fide city and we are growing, and we’re excited about it,'” Merritt added with a smile.

Located on a portion of 6.5 acres of land at the corner of Jenkins Street and Jenkins Court, the city said the Maverick Yards projects kicks off the long-awaited City Center Village.

It’s a part of the city’s goal to create a livable, walkable downtown.

Both the Parker Group’s Pickle Yard project and Longbranch’s new living complex are expected to be complete by the end of 2024.

Mayor Merritt added that Maverick Yards will be a great compliment to the recently completed Maverick Station and BridgeWay Station, which is expected to open its first phase this fall.

Pedestrian bridge over I-385 nearing completion. How you can help Mauldin name the landmark.

Nina TranMauldin city officials are looking for public opinion on the name for the pedestrian bridge that will go over I-385.The bridge is slated for completion in late August or early September. It will serve as a connection point, linking the ...

Nina Tran

Mauldin city officials are looking for public opinion on the name for the pedestrian bridge that will go over I-385.

The bridge is slated for completion in late August or early September. It will serve as a connection point, linking the BridgeWay Station development with the greater Mauldin community, and eventually, connecting to the Swamp Rabbit Trail, a press release from the city of Mauldin stated.

The Mauldin City Trail, a 0.25-mile paved trail located on East Butler Road across from Mauldin High School, will give pedestrians access to the bridge.

The city will accept name submissions until Sept. 5 at noon. Submissions can be made via the City’s Facebook and Instagram pages, emailed to Communications Manager Lauren Carter at lcarter@mauldincitysc.com or submitted via this form.

The press release said names should reflect Mauldin's history and future.

Submissions will be viewed by city staff, with the top names being recommended to Mauldin City Council. The selected name will be featured on a commemorative plaque for the bridge.

Mauldin partnered with BridgeWay Station developer Hughes Investments, Inc. to create the bridge. Construction began in June 2022.

“This pedestrian bridge is a major accomplishment for the City of Mauldin, and I believe it will become a focal point for our community,” stated City Administrator Seth Duncan. “In the spirit of community and connection, we now ask for the public’s help in naming what will become South Carolina’s next iconic bridge.”

Nina Tran covers trending topics. Reach her via email at ntran@gannett.com

Pedestrian bridge over I-385 nears grand opening, plans to connect Swamp Rabbit Trail to city of Mauldin

New pedestrian bridge over I-385 nears grand opening, plans to connect to Swamp Rabbit Trail Infinite Scroll Enabled GET LOCAL BREAKING NEWS ALERTSThe latest breaking updates, delivered straight to your email inbox.Your Email AddressPrivacy Notice MAULDIN, S.C. —The Swamp Rabbit Trail will soon be getting a bit longer.A bridge connecting the city of Mauldin...

New pedestrian bridge over I-385 nears grand opening, plans to connect to Swamp Rabbit Trail

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MAULDIN, S.C. —

The Swamp Rabbit Trail will soon be getting a bit longer.

A bridge connecting the city of Mauldin to a new town center will soon be open to the public.

"The pedestrian bridge we are talking about today is exciting because it's something that has allowed Mauldin to answer a question that people have been asking for years, how do you get the Swamp Rabbit Trail across 385 and that's what this pedestrian bridge does," councilman Taft Matney said.

The bridge adds another quarter mile to the Swamp Rabbit Trail, but in Matney's eyes, the addition opens the door for people to experience what the city of Mauldin has to offer. This includes places like BridgeWay Station and Maverick Yards.

"With our access to rail, our access to 85 to 385, it's very attractive for businesses to locate, but it's also attractive for families to live here. We want to make sure we provide dining, shopping, entertainment options that will keep bringing people to Mauldin for years to come," Matney said.

Joel Ann Chandler has owned her business along East Butler Road for 40 years. It's less than a 10-minute bike ride away from the new bridge.

"Anytime you have new people coming into the area, this is one of the first places they come to. Of course, now they can come across the new bridge, come visit us, come visit Mauldin, and see everything there is to see here," Chandler said.

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For many others, the possibilities this new bridge will bring has them excited.

"It not only attracts us high schoolers to go to that part and explore but for people who want to move into South Carolina, it's a really good opportunity," Mauldin High School student Junior Lopez said.

"I mean, we are just excited to connect to the swamp rabbit trail and be able to get out more and take the kids out biking, get out walking, running, doing things like that more," Karen Olson said.

People will have until Sept. 5. to submit a potential name for the new bridge. To submit a name, click here.

A projected date for the bridge to open is sometime in the fall.

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