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Mortgage Broker in Mauldin, 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 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

Construction of WOW!'s All-Fiber Network Advancing Rapidly in Greenville County, South Carolina

Upstate South Carolina residents and businesses can soon experience WOW!'s multi-gig speeds and full suite of advanced servicesENGLEWOOD, Colo., April 25, 2023 /PRNewswire/ -- WOW! Internet, Cable & Phone (NYSE: ...

Upstate South Carolina residents and businesses can soon experience WOW!'s multi-gig speeds and full suite of advanced services

ENGLEWOOD, Colo., April 25, 2023 /PRNewswire/ -- WOW! Internet, Cable & Phone (NYSE: WOW), a leading broadband services provider, today announced construction of its all-fiber network is well underway and the company anticipates offering its high-speed Internet services to consumers in Mauldin, South Carolina in the coming months.

On the heels of leasing a facility in Greenville County to support local operations and welcoming WOW! veteran Dominick Silvio into the role of local director, WOW! is making swift progress toward bringing its comprehensive portfolio of products and services to the Upstate region in the near future. WOW!'s expansion into South Carolina is part of the company's continued initiative to build new markets non-adjacent to its existing network and deliver its advanced fiber technology and award-winning customer service to residents across its growing footprint. With these expansions, WOW! plans to reach 400,000 new homes passed by 2027, increasing its total passings by 21%.

"Since announcing our plans to bring WOW!'s state-of-the-art services and offer additional choice and flexibility for broadband options to Upstate South Carolina less than a year ago, we've made tremendous progress toward activating our first customers in the region," said Robert DiNardo, corporate SVP of market expansion at WOW!. "We're thrilled to bring our blazing fast speeds to consumers and delight them with our dedication to being a positive force in the community and offering outstanding customer service."

Residents in Mauldin, followed by additional Greenville County communities including Five Forks, Fountain Inn, Piedmont and Simpsonville, will soon be able to stay connected with WOW!'s all-fiber network and fastest speeds available, including residential symmetrical Internet speeds up to 5 Gbps. Subscribers will receive the necessary equipment upfront to get started along with WiFi at no extra cost, unlimited data, and no annual contracts. WOW! will also offer WOW tv+, reliable home phone plans, and WOW! mobile powered by Reach.

To learn more about WOW!, and to find out if its services are available in your area, please visit www.wowway.com.

About WOW! Internet, Cable & Phone

WOW! is one of the nation's leading broadband providers, with an efficient and high-performing network that passes nearly 2 million residential, business and wholesale consumers. WOW! provides services in 15 markets, primarily in the Midwest and Southeast, including Michigan, Alabama, Tennessee, South Carolina, Georgia and Florida, including the new all-fiber network in Central Florida. With an expansive portfolio of advanced services, including high-speed Internet services, cable TV, home phone, mobile phone, business data, voice, and cloud services, the company is dedicated to providing outstanding service at affordable prices. WOW! also serves as a leader in exceptional human resources practices, having been recognized nine times by the National Association for Business Resources as a Best & Brightest Company to Work For in the Nation, winning the award for the last five consecutive years and making the 2022 Top 101 National Winners list. Visit wowway.com for more information.

SOURCE WideOpenWest, Inc.

Mauldin Council approves $38.1 million budget

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MAULDIN, S.C. (FOX Carolina) - Mauldin City Council announced it has approved a $38.1 million budget for 2024 that maintains service delivery without increasing property taxes.

The budget includes the following:

This also includes a merit pool that allows supervisors to award an average of 3% merit increase to City employees.

Officials said the budget includes a sewer maintenance fee increase for both residential and commercial customers--the first such increase since Fiscal Year 2014--that will allow the City to offset the rising cost of service delivery and continue to maintain and upgrade sewer infrastructure.

Under the new fee structure, residential sewer customers will see a flat monthly fee of $11.50 starting July 1, which will replace the City’s current two-tiered fee system of $5.43 for less than 2,700 gallons per month (gpm) used and $10.19 for more than 2,700 gpm used. The new flat fee will be reflected in August bills.

Commercial customers will see a sewer maintenance fee increase of 15% across all meter types.

“We’re proud to pass a balanced budget that maintains service delivery and makes strategic reinvestments in our community without raising property taxes” Mayor Terry Merritt said. “Many thanks go out to City staff for carefully crafting a budget that meets the needs of our growing City and facilitates future growth in alignment with City Council’s priorities, despite rising costs across the board.”

The $38.1 million budget figure is a 16.1% decrease from the $45.4 million budget in Fiscal Year 2023 due to the City intending to borrow less money for major capital projects in the new fiscal year and no additional American Rescue Plan Act (ARPA) money expected from the federal government.

The City has managed to control spending despite a verity of financial challenges including persistently high inflation, higher property and casualty insurance rates, pension costs and utility rates that have resulted in an increase in personnel costs, operational and maintenance costs, and costs for capital acquisition.

“This budget seeks to maximize the utility of every dollar received and spent while achieving results for the residents of our City,” Merritt said. “We remain committed to building a vibrant community focused on healthy living, safety and well-being, economic prosperity and development, strategic reinvestment, and infrastructure improvements.”

Copyright 2023 WHNS. All rights reserved.

Once a speed trap, this SC city wants to build a downtown and become a destination. Here’s the plan

Mauldin is Greenville County’s third largest city, after Greenville and Greer, and the only one without a downtown.Mauldin was once known as speed trap city — it has eight listed on ...

Mauldin is Greenville County’s third largest city, after Greenville and Greer, and the only one without a downtown.

Mauldin was once known as speed trap city — it has eight listed on speedtrap.org — and is home to a Duke’s Mayonnaise plant and Ahold distribution center, grocery stores and fast food restaurants, strip malls and gas stations. It’s encircled by subdivisions that were built in the past couple of decades to take advantage of the proximity to Greenville.

It was settled in 1784 and received its first charter as the Town of Mauldin, named after Lt. Gov. W.L. Mauldin, in 1890.

Despite the city’s overall financial success, leaders have long yearned for an actual downtown.

They adopted a plan they call City Center Village in 2012, which has endured fits and starts through various councils. It covers 24 acres along railroad tracks in a formerly industrial area where the city’s Public Works Department was once located.

Now comes the Parker Group, a Greenville-based real estate and development company, and Longbranch Development of Spartanburg, with a plan to transform 6.5 acres into a mixed-use development of townhomes and an entertainment and dining district to be called Maverick Yards.

Parker Group paid the city $1.15 million for the land.

“This is an exciting development for the city that marks a key step in our transformation from a crossroad community to a destination.” Mauldin Mayor Terry Merritt said in a news release.

The Parker Group recently finished redeveloping property at the city’s main intersection of Highway 276 and Butler Road that once held a Rite Aid. It is a brick building designed for four restaurants — Sully’s Steamers and Bohemian Bull have already leased space there.

For the new project, the Parker Group intends to transform a 20,000 square-foot warehouse for pickleball courts, dining, a stage for live performances, fire pits and a beer garden, similar to Greenville’s The Commons, a food hall off the Swamp Rabbit Trail.

The trail begins in downtown Greenville and extends along a former railroad bed north to Travelers Rest, 22 miles away. Many spurs throughout Greenville County have connected to it in recent years.

Longbranch Development will build townhomes on 2.4 acres where the Public Works facility and an industrial building were.

The city intends to use the money from the sale on sidewalks, road improvements, a pedestrian/bike trail to connect to the Swamp Rabbit Trail, landscaping and parking in the City Center area..

“Everything is ready to move forward to start making City Center Village a reality,” said council member Taft Matney, chairman of the city’s economic planning and development committee. ”We want to continue providing new and exciting places to live, work and play in the city, and this is a big step toward that goal.

Cigar lounge, restaurant to replace former Mauldin Family Video

MAULDIN — After the national movie rental chain Family Video closed the rest of its stores during the pandemic, the Mauldin location sat empty for almost two years.This spring, however, it will have a new tenant.Greenville native and Furman University alumnus Travis Jones plans to reopen his family-run cigar lounge and restaurant concept in the space.Jones, a cigar enthusiast, first opened Modern Cigar at the start of 2022 on Haywood Road in the same shopping center as discount store Gabe’s and appliance stor...

MAULDIN — After the national movie rental chain Family Video closed the rest of its stores during the pandemic, the Mauldin location sat empty for almost two years.

This spring, however, it will have a new tenant.

Greenville native and Furman University alumnus Travis Jones plans to reopen his family-run cigar lounge and restaurant concept in the space.

Jones, a cigar enthusiast, first opened Modern Cigar at the start of 2022 on Haywood Road in the same shopping center as discount store Gabe’s and appliance store Conn’s HomePlus. In August 2022, he closed the lounge to relocate.

Family Video’s parent company, Highland Venture, announced in January 2021 it would close its remaining locations, including the one on East Butler Road, since the pandemic compromised its foot traffic and new movie releases.

Jones will open Modern Cigar in the old video store sometime in March or April next to Hungry Howie’s Pizza and ATI Physical Therapy.

The space — which is 7,000 square feet — doubles the footprint from the previous Modern Cigar store. Where rows of DVD shelves once stood, padded lounge furniture now fill the floor. Jazz and soul music will dominate the playlists with the occasional live performance from a saxophonist or other musicians.

Three large purifiers hang from the ceiling to clean the air, so “it’s not like you’re walking in, sitting in the cloud of smoke,” Jones said.

The kitchen is situated in the back left corner and a bar lines the back wall. The menu centers on quick and causal food options like sandwiches. Jones brought on a professional chef, Stephanie Bolden, to help give the options a facelift, “spicing it up,” he said.

A separate room, called the Executive Lounge, has a conference table with a screen and a members-only sitting area.

GREENVILLE — Tucked in the middle of the aging shopping plaza on Pleasantburg Drive is a new business that’s hard to pin down.

Part retail shop, part museum, part demonstration center, part passion.

However you classify it, The Mushroom Spot has a unique backstory that begins with its owner, Ward Watson, and a hope to make the world of fungi accessible to all.

As a kid growing up in Greenville, Watson didn’t like mushrooms all that much, but he grew an interest that turned into a passion from years working in restaurants. In mushrooms, he found not just a world but a universe.

“I was like ‘you’ve got olive oil stores, vinegar stores, soy candle stores, why can’t you have a mushroom store?’” Watson said of the idea for The Mushroom Spot. “Mushrooms are not just come in and buy mushrooms. You can go look for them, you can grow them, you have the foodie products. We have supplements, adaptogens, lions mane, cordyseps.”

The store, set in the aging Lake Forest Shopping Plaza across from Bob Jones University, is somewhat unique in that it sells mushrooms in many forms.

It has fresh foraged mushrooms, along with mushroom-related products and foods, art, books on foraging and mushroom species, along with a small growing operation. You will find a handcrafted mushroom mug, mushroom jerky, mushroom tinctures and growing starter kits.

“Why not bring all that together in a store?” he said.

After graduating from Christ Church school in Greenville and attending Dartmouth College in New Hampshire, Watson stayed up North. Though he’d studied romance languages in school, he found a path to restaurants, drawn by the energy and the connection with people — and pushed by an economic downturn, he said.

He became fascinated with what he calls the intersection of mushrooms with human culture that stretches back centuries.

Popular Greenville restaurant known for gelato closes its doors after 15 years

GREENVILLE — A popular downtown Greenville restaurant known for its particular brand of gelato and the warmth of the family who ran it has closed.The owners of Luna Rosa Gelato Cafe announced Jan. 2 they have permanently shuttered their two restaurant locations, at 123 S. Main St. downtown and 306 N. Main St. Mauldin.The restaurant is owned by Lauren and Jose Ortiz and Lauren’s parents, Linda and Richard Schweitzer.Lauren Ortiz conf...

GREENVILLE — A popular downtown Greenville restaurant known for its particular brand of gelato and the warmth of the family who ran it has closed.

The owners of Luna Rosa Gelato Cafe announced Jan. 2 they have permanently shuttered their two restaurant locations, at 123 S. Main St. downtown and 306 N. Main St. Mauldin.

The restaurant is owned by Lauren and Jose Ortiz and Lauren’s parents, Linda and Richard Schweitzer.

Lauren Ortiz confirmed the news in a text.

In the farewell message on social media, the owners, who called the closure “nothing short of devastating,” addressed the loyal patrons they refer to as the Luna Rosa Famiglia.

“We’ve been through it all with you,” they wrote. “We’ve celebrated 15 years of birthdays, anniversaries, wine dinners, movie nights, and openings. And we’ve weathered just as many storms, illnesses, power outages, and other uncertainties with you at our side. But it is with heavy hearts that we say our journey has come to an end.”

The message didn’t specify a reason for the closure.

Luna Rosa first opened 15 years ago in a West Washington Street storefront when Ortiz was pregnant with her eldest child.

Following a longtime dream, the owners in 2019 moved the restaurant to a Main Street storefront across the street from the Poinsett Hotel.

In the early stages of the pandemic, the family moved to takeout-only in the interest of safety for their staff and themselves.

As concerns eased, the family opened a second restaurant in Mauldin in early 2021, developing a whole new set of regulars and fans who came for the popular roasted tomato and eggplant bisque and “Mom’s spaghetti and meatballs.”

“This incredible, giving, resilient community is what has kept our doors open for so many years,” they wrote in their farewell message. “Your generosity saw us through a pandemic that otherwise would have doubtlessly taken us under, and your continued support carried us through the staffing crisis in spite of it. What may have started as a family business soon opened our hearts to embrace each of you as part of our Luna Rosa Famiglia, and we could not be more grateful for the love we received in return.”

GREENVILLE — Tucked in the middle of the aging shopping plaza on Pleasantburg Drive is a new business that’s hard to pin down.

Part retail shop, part museum, part demonstration center, part passion.

However you classify it, The Mushroom Spot has a unique backstory that begins with its owner, Ward Watson, and a hope to make the world of fungi accessible to all.

As a kid growing up in Greenville, Watson didn’t like mushrooms all that much, but he grew an interest that turned into a passion from years working in restaurants. In mushrooms, he found not just a world but a universe.

“I was like ‘you’ve got olive oil stores, vinegar stores, soy candle stores, why can’t you have a mushroom store?’” Watson said of the idea for The Mushroom Spot. “Mushrooms are not just come in and buy mushrooms. You can go look for them, you can grow them, you have the foodie products. We have supplements, adaptogens, lions mane, cordyseps.”

The store, set in the aging Lake Forest Shopping Plaza across from Bob Jones University, is somewhat unique in that it sells mushrooms in many forms.

It has fresh foraged mushrooms, along with mushroom-related products and foods, art, books on foraging and mushroom species, along with a small growing operation. You will find a handcrafted mushroom mug, mushroom jerky, mushroom tinctures and growing starter kits.

“Why not bring all that together in a store?” he said.

After graduating from Christ Church school in Greenville and attending Dartmouth College in New Hampshire, Watson stayed up North. Though he’d studied romance languages in school, he found a path to restaurants, drawn by the energy and the connection with people — and pushed by an economic downturn, he said.

He became fascinated with what he calls the intersection of mushrooms with human culture that stretches back centuries.

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