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

My name is Dan Crance - Moncks Corner'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 Moncks Corner, 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 Moncks Corner, SC
 Refinance Moncks Corner, SC

Why Choose Dan Crance As Your Mortgage Lender in Moncks Corner, 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 Moncks Corner, SC

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

 FHA Mortgages Moncks Corner, 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 Moncks Corner, SC.

Refinancing in
Moncks Corner, 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 Moncks Corner, 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 Moncks Corner, 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 Moncks Corner, 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 Moncks Corner, 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 Moncks Corner 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 Moncks Corner, SC

Trust Dan Crance

Your Mortgage Lender in Moncks Corner, 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 Moncks Corner loves Classic Home Mortgage.

After hours by appointment only. CONTACT DAN

Latest News in Moncks Corner, SC

Moncks Corner: Local government curbs construction to keep local charm intact

MONCKS CORNER, S.C. (WCIV) — For Thomas Hamilton, Moncks Corner is home.For nearly 30 years, Hamilton has resided within the community he's seen change with time. But when he heard that a plan was in place to build 88 homes, that was more change than he signed up for. So, when the local government voted no to the developer's plan to rezone Perry Hill, it was the outcome of Hamilton's hopes."It doesn't fit the fabric of Moncks Corner," Hamilton said with a subtle smile. "I'm so happy our council turned it do...

MONCKS CORNER, S.C. (WCIV) — For Thomas Hamilton, Moncks Corner is home.

For nearly 30 years, Hamilton has resided within the community he's seen change with time. But when he heard that a plan was in place to build 88 homes, that was more change than he signed up for. So, when the local government voted no to the developer's plan to rezone Perry Hill, it was the outcome of Hamilton's hopes.

"It doesn't fit the fabric of Moncks Corner," Hamilton said with a subtle smile. "I'm so happy our council turned it down."

Moncks Corner: Local government curbs construction to keep local charm intact, and Thomas Hamilton, a long-time resident, shared his thoughts on the no-vote (WCIV).

Read more: Mother shares experience losing son to drowning, says drownings 100% preventable.

Underpinning Hamilton's reaction to the vote is a desire for Moncks Corner to stay small -- stay local. A place where big-box stores meet mom-and-pop shops, local eateries, and the culture cultivated through knowing the neighbors and saying hello to those seen in passing.

"I feel we can update and bring certain businesses to the area, but we really need to focus and support our smaller businesses in town," Hamilton said. "We don't want to become another Summerville with the congestion that they have. When I get to Moncks Corner, I want to enjoy moncks corner. I want to bring amenities to us to where we don't have to travel out."

And for those in local government, behind the vote to slow down building developments is a desire to understand the effects of construction on an intimate community.

"Council wants to pump the breaks a little on new construction to see how that impacts the town," said Michael Lockliear, Mayor of Moncks Corner. "We always try to put out the best product we can for the town. That is why we went through -- a couple years ago -- our ordinances to revamp and get the best product."

Read more: A finish worth the wait.

Hamilton plans to run for Mayor of Moncks Corner, and what is driving him is the insatiable desire to have his home feel like a place everyone who resides in it can recognize.

"I just want to have an all-inclusive Moncks Corner for everybody," he said.

And sometimes, that means saying no for now in the hopes of saying yes to something that better fits the community later.

WakeUp Carolina's new Moncks Corner facility sees successful first month

MONCKS CORNER, S.C. (WCSC) - WakeUp Carolina is a nonprofit organization that offers resources to families and individuals struggling with addiction and they recently opened a facility in Berkeley County after the area saw high numbers of overdose deaths.WakeUp Carolina is based out of Mount Pleasant, but in 2023, Berkeley County saw record high numbers of overdose deaths and the organization saw a need for change, so they ...

MONCKS CORNER, S.C. (WCSC) - WakeUp Carolina is a nonprofit organization that offers resources to families and individuals struggling with addiction and they recently opened a facility in Berkeley County after the area saw high numbers of overdose deaths.

WakeUp Carolina is based out of Mount Pleasant, but in 2023, Berkeley County saw record high numbers of overdose deaths and the organization saw a need for change, so they opened a new facility off of East Main St in Moncks Corner in February.

WakeUp Carolina provides harm reduction resources such as NARCAN training and fentanyl test strips, as well as support groups for families and individuals dealing with addiction or suffering from loss as a result of overdose. The organization also acts as a vessel for finding resources for recovery among other efforts to improve the issue of overdose and addiction in South Carolina. WakeUp Carolina’s whole foundation is based on the idea that no family will ever have to go through loss and overdose alone. The founder of the organization lost her son to an overdose and wanted to provide support to others in every way that she could.

Dean Stephens, the Director of Development for WakeUp Carolina’s new facility says that this first month of being open could not have gone any better than they had hoped and that the community has been extremely welcoming. One thing they have said all along about this facility is that the community will dictate what goes into the space and what is needed, and Stephens says that is exactly what they have done with the furniture that is currently filling the space.

Stephens says that they plan to bring the things their Mount Pleasant location offers to Berkeley County, but they also want to hear what the community needs so they can create a safe space for the people who need it.

“We listen. And we’ll listen to what the community wants. Because for us, we’re not going to tell people what they need or what they want. We’ll sit back and listen to what they need, what they want, what they tell us, and then we’ll create programs groups, and things like that, and partnerships I think is a big word too, to create partnerships within this community to help people who may want our help,” he says.

Stephens says he believes that addiction and overdose are things that impact everybody at all levels and he is excited to create more partnerships in the community to build and grow. He says that they have already been working with the local school districts, churches and local mental health departments to expand their outreach and engage with community members, and he has high hopes for the future as these partnerships are created. They just want to create a safe space for the community.

He says it means so much to him to be a part of an organization that does so much.

“We toss around words like blessing and gratitude, and I really mean those two words when I say them here in Berkeley County that we feel like it’s a blessing that we’re here. And we’re grateful that you know, we have the resources and the tools to be able to open up these doors and share with anybody who wants to walk in these doors,” Stephens says.

To commemorate the official opening of the facility, they will be holding a ribbon-cutting ceremony Monday at 4 p.m. It will take place at their new facility at 325 E Main Street in Moncks Corner and the community is welcome to attend. This will kick off their community outreach, but Stephens says they have already been so welcoming and are excited for what’s to come.

“The community has been amazing, truly. And when people find out what we do, and the services that we provide, and the reach that we’ll have here in Berkeley County, it’s been, it’s been so welcoming,” he says. “We are here to help the individual, the family, the community.”

Copyright 2024 WCSC. All rights reserved.

Berkeley County Receives $1M SCDNR Grant for Mega Boat Landing Project

MONCKS CORNER, S.C. – (Thursday, February 1, 2024) – Berkeley County has been awarded a $1 million US Fish & Wildlife Service grant from the SC Department of Natural Resources to help fund the County’s Mega Boat Landing project, which is a partnership with Santee Cooper. The funding was announced at the Berkeley County Council meeting on Monday, January 22, 2024. See full meeting video HERE....

MONCKS CORNER, S.C. – (Thursday, February 1, 2024) – Berkeley County has been awarded a $1 million US Fish & Wildlife Service grant from the SC Department of Natural Resources to help fund the County’s Mega Boat Landing project, which is a partnership with Santee Cooper. The funding was announced at the Berkeley County Council meeting on Monday, January 22, 2024. See full meeting video HERE.

The Mega Boat Landing project is taking place at the former Atkins Boat Landing/Lions Beach site, located at 933 Broughton Road in Moncks Corner. The site, currently undergoing construction, spans approximately 14 acres on Lake Moultrie. Project plans include renovating and expanding the property to include the following improvements:

Santee Cooper is heading the design and permitting the project’s marine elements, including the docks and breakwater. Berkeley County Engineering is permitting the design plans in cooperation with the Town of Moncks Corner and the SC Department of Health and Environmental Control. Work on the land/parking lot is being conducted by Berkeley County Roads and Bridges.

Total cost of the project is approximately $6.5 million. In addition to the $1M grant from SC DNR, project funding stems from the Berkeley County Delegation “Water Recreation Funds,” Berkeley County Accommodations Tax Funds, and SC state budget appropriations. Additional costs are being offset by work performed in-house by Berkeley County and Santee Cooper.

On March 22, 2021, Santee Cooper’s Board of Directors approved a long-term gratis lease to Berkeley County for the project. The project is expected to be complete by summer 2025.

“County Council and I are incredibly grateful for this state grant and look forward to this project inching closer to wrapping up. We excitedly anticipate that special day, in the near future, when the County and Santee Cooper can offer the public an additional location to enjoy outdoor recreation, along with providing our other overly used boat landings some much-needed relief. Aside from local daily use, we are excited of the prospects to attract the largest freshwater fishing tournaments in the world to Berkeley County and our world class fisheries.” -Johnny Cribb, Berkeley County Supervisor

“The Santee Cooper Lakes are an incredible asset for the people of South Carolina. This funding marks the next step in the construction of the Mega Boat Landing, which will be a notable addition to the lakes when it’s completed. We’re proud to be part of this project with the County; it not only will be a gathering place and resource for local residents but also will stimulate the economy by bringing additional anglers, tourists and events to Berkeley County.” -Jimmy Staton, Santee Cooper President and CEO

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– Prepared by the Berkeley County Public Information Office –

Moncks Corner comprehensive plan heading to town council

MONCKS CORNER, S.C. (WCSC) - After days of planning workshops and community feedback, the town of Moncks Corner’s 2024 Comprehensive Plan draft is ready to be brought to the council.Officials say it’s sort of like a bucket list for the town, and the more than 100-page plan boils down to addressing nine key elements: population, economic development, cultural and natural resources, community facilities, housing, land use, transportation, and resiliency.The law requires a comprehensive plan every 10 years and to updat...

MONCKS CORNER, S.C. (WCSC) - After days of planning workshops and community feedback, the town of Moncks Corner’s 2024 Comprehensive Plan draft is ready to be brought to the council.

Officials say it’s sort of like a bucket list for the town, and the more than 100-page plan boils down to addressing nine key elements: population, economic development, cultural and natural resources, community facilities, housing, land use, transportation, and resiliency.

The law requires a comprehensive plan every 10 years and to update it every five years. Moncks Corner is at the five-year mark, but decided it was time for a whole new plan.

“We’ve gone from about 6,000 residents to around 15,000 in 20 years,” Mayor Thomas Hamilton said. “So, it’s been a big jump for a small town like Moncks Corner and we don’t want to lose the Lowcountry’s Hometown feel. That’s why we’re being proactive.”

Due to future growth pressures, part of the draft focuses on how to maintain a small-town feel that appeals to both future and current residents.

“The Lowcountry continues to expand, and we hope to absorb some of that but absorb it in a responsible manner, so our current residents don’t feel left behind and that we actually enhance their quality of life from what they already expect from us,” Moncks Corner Community Development Director Justin Westbrook said. “Great fire service, police and recreation services, and that we also add to it for our future residents.”

The mayor said results from a community survey have guided the town to focus on providing outdoor activities residents can enjoy.

“Parks, pickleball, tennis,” Hamilton said. “Things that we can bring value and to have from our residents to be able to do in Moncks Corner instead of getting in their car and going to Goose Creek or North Charleston.”

Westbrook understands that planning and executing are two different things, and said that this is not a book that will collect dust on the shelf.

“You start saving for your retirement now and when you get there it may not be exactly what you envisioned because maybe you can afford more or maybe you have to scale it back a little bit, but this is a book that helps keeps us on that road map to which we’ve already collected the community’s voices, and will hopefully continue to use as we move forward,” he said.

The next step is for the town council to consider adopting this plan, which they will discuss at their February 20th and March 19th meetings. Members will be able to make recommendations to tweak or change certain things as they see fit.

To take a look at the draft, click here.

Copyright 2024 WCSC. All rights reserved.

Slim Chickens Now Open In Moncks Corner

MONCKS CORNER, S.C. – Despite several delays, Slim Chickens officially opened its doors to the public Monday in Moncks Corner. The restaurant is located next to Tractor Supply at 451 North U.S. Hwy 52. This is the first restaurant along the South Carolina coast for the Arkansas-based chain.Along with giving Berkeley County residents a new option to grab a meal, the new Slim Chickens restaurant is helping to boost the area’s economy with the creation of more than 75 new jobs, representatives for the chain told The Berkeley ...

MONCKS CORNER, S.C. – Despite several delays, Slim Chickens officially opened its doors to the public Monday in Moncks Corner. The restaurant is located next to Tractor Supply at 451 North U.S. Hwy 52. This is the first restaurant along the South Carolina coast for the Arkansas-based chain.

Along with giving Berkeley County residents a new option to grab a meal, the new Slim Chickens restaurant is helping to boost the area’s economy with the creation of more than 75 new jobs, representatives for the chain told The Berkeley Observer.

Larry Chandler, a multi-unit Firehouse Subs owner, is behind the opening of the popular chicken chain’s third location in the Palmetto State. The restaurant chain opened its first South Carolina location on Garners Ferry Road in Columbia last year. Its second location opened in the Upstate in Fort Mill in April 2023.

Tana Lee is the restaurant manager for the Moncks Corner location.

For Chandler and his nephew, Jody Chandler, who is also a co-owner, this is their first time embarking on opening their very first Slim Chickens.

Larry has been in the restaurant business for nearly 40 years and owns 38 Firehouse Subs restaurants in South Carolina and North Carolina – the largest amount of locations in the Firehouse Subs system.

According to the pair, they decided to partner with Slim Chickens after experiencing the delicious food and southern hospitality firsthand, which is exactly what they say they strive for at their Firehouse Subs restaurants.

With the opening of the new Moncks Corner Slim Chickens, it now shares the same stretch of highway as several other chicken-focused restaurants, including Chick-fil-A, Bojangles, Popeyes, KFC and Zaxby’s.

According to Larry, while he has humble respect for his fellow local restaurant owners in Moncks Corner, he believes Slim Chickens will easily stand out in the restaurant scene because of the brand’s different offerings from its competitors, like chicken & waffles, 17 different sauces, and crafted desserts.

Slim Chickens, which launched in 2003 by founders Greg Smart and Tom Gordon, has over 235 locations in the United States, United Kingdom and Turkey and over 1,150 locations in development.

Slim Chickens locations are also planned for Florence, Myrtle Beach and Charleston, QSR Magazine reports.

For more information on Slim Chickens, visit slimchickens.com.

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