With 30 years in the industry

Mortgage Broker in Mount Pleasant, SC

Ask us Anything843-478-5612

Quick Quote

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

My name is Dan Crance - Mount Pleasant'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 Mount Pleasant, 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 Mount Pleasant, SC
 Refinance Mount Pleasant, SC

Why Choose Dan Crance As Your Mortgage Lender in Mount Pleasant, 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 Mount Pleasant, SC

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

 FHA Mortgages Mount Pleasant, 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 Mount Pleasant, SC.

Refinancing in
Mount Pleasant, 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 Mount Pleasant, 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 Mount Pleasant, 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 Mount Pleasant, 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 Mount Pleasant, 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 Mount Pleasant 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 Mount Pleasant, SC

Trust Dan Crance

Your Mortgage Lender in Mount Pleasant, 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 Mount Pleasant loves Classic Home Mortgage.

After hours by appointment only. CONTACT DAN

Latest News in Mount Pleasant, SC

Live music, yoga fill Mount Pleasant Towne Centre’s fall calendar

Mount Pleasant Towne Centre is ready for September with a calendar full of activities. Several events are returning, such as Live Under the Oaks and Paws on the Patio. Play Dayz, an event geared towards kids, will continue throughout the fall on the first Tuesday of each month. Fitness fanatics can burn off some steam at the Fall SWEAT series with Athleta.Live Under The OaksEvery Thursday of the month: Sept. 1, 8, 15, 22 and 29 from 6-8 p.m. at The OaksThe local, live music series is back for the fall. L...

Mount Pleasant Towne Centre is ready for September with a calendar full of activities. Several events are returning, such as Live Under the Oaks and Paws on the Patio. Play Dayz, an event geared towards kids, will continue throughout the fall on the first Tuesday of each month. Fitness fanatics can burn off some steam at the Fall SWEAT series with Athleta.

Live Under The Oaks

Every Thursday of the month: Sept. 1, 8, 15, 22 and 29 from 6-8 p.m. at The Oaks

The local, live music series is back for the fall. Live Under the Oaks will return on Sept. 1, and continue every Thursday night of the month. Bring a blanket or folding chairs for a night under The Oaks. Emceed by Johnny O’ of 95SX, the free outdoor concert series is filled with live music, delicious food and fun with friends and family. This season’s lineup includes The CarLeans, River Tramps, Reedy River String Band, Memphis Lightning and more. While enjoying the music, grab a bite from your favorite Towne Centre restaurant or from the week’s featured food truck. Don’t forget to visit Burtons Grill & Bar for a glass of wine or your favorite beer. To learn more, visit mtpleasanttownecentre.com/events/live-under-the-oaks-concert-series/

Play Dayz

Sept. 6 from 10 a.m. to noon at The Oaks, across from Barnes & Noble

School is back in session, but that hasn’t stopped Play Dayz from taking place on the first Tuesday of every month. Mount Pleasant Towne Centre’s first September Play Dayz event will be martial arts-themed, focusing on essential self-defense skills with Mount Pleasant Family Martial Arts. Guests can take a break from their training and enjoy arts and crafts, snacks, face painting and balloon animals. This event is free to everyone and parents can register their children upon arrival. For more information, please visit mtpleasanttownecentre.com/events/play-dayz/

SWEAT Fitness Series with Athleta

Every Wednesday of the month on Sept. 7, 14, 21 and 28 from 6-7 p.m. at The Oaks

Mount Pleasant Towne Center is once again partnering with Athleta for the annual Fall SWEAT Fitness Series. Every Wednesday in September, guests can join a free workout class at The Oaks. Start your month off right on Sept. 7 with a yoga class led by Megan Rasmussen. The next three weeks will feature a HIIT class with Erin DiNicola, a power flow yoga class with Kimberly Markin and yoga again with Rasmussen. To learn more, visit mtpleasanttownecentre.com/events/sweat-fitness-series-with-athleta/

Paws on the Patio

Sept. 8 from 6-8 p.m. at Burtons Grill & Bar

Treat your pup to a night out on The Towne. Charleston Animal Society once again partnered with Burtons Grill & Bar and Mount Pleasant Towne Centre for the annual Paws on the Patio fall series beginning Sept. 8. A $10 non-refundable donation is required to hold your space at the event, with proceeds directly benefiting Charleston Animal Society’s animals in need. For an additional $20 per person, guests can enjoy two drink tickets and tasty Burtons Grill & Bar appetizers. Plus, every pet will receive a special party favor courtesy of Hairy Winston Pet Boutique. To purchase tickets or to learn more, visit https://mtpleasanttownecentre.com/events/paws-on-the-patio/

Mount Pleasant neighbors voice concerns over proposed roadway project

MOUNT PLEASANT, S.C. (WCBD) – Concerned neighbors gathered at the Tidal Walk Club House to discuss what actions they can take to make sure this new development does not happen.“It’s just something that I don’t like,” Tidal Walk Homeowner’s Association president David Smith said. “Not really much more I can say about it.”Several Mount Pleasant neighbors are voicing their opposition to the proposed I-526/Long Point Road Interchange Project.“We do have concerns about noi...

MOUNT PLEASANT, S.C. (WCBD) – Concerned neighbors gathered at the Tidal Walk Club House to discuss what actions they can take to make sure this new development does not happen.

“It’s just something that I don’t like,” Tidal Walk Homeowner’s Association president David Smith said. “Not really much more I can say about it.”

Several Mount Pleasant neighbors are voicing their opposition to the proposed I-526/Long Point Road Interchange Project.

“We do have concerns about noise,” Smith said. “We’re a little concerned about safety.”

Members from the Tidal Walk community say the South Carolina Department of Transportation’s (SCDOT) proposal would negatively impact their neighborhood.

“The port access roads are a bit of a concern,” Smith said, “because the entry ramp back onto the westbound lanes of 526 will result in the loss of two homes right at the front of our neighborhood. And that access road would be right here next to our clubhouse.”

Residents in Grassy Creek and Belle Hall say they’ll also be affected by the impending development.

“The expansion,” Grassy Creek resident Curtis Bakle said, “and particularly the options that were favored from DOT, create a noise issue and a safety issue for me and my fellow residents.”

Residents say they were blindsided when they learned plans for the I-526/Long Point Road Interchange Project had been accelerated.

“We were told originally that it was actually going to be a few years until this was going to happen,” Tidal Walk Resident Ryan Nelson said, “and now it’s been fast-tracked.”

Now, they’re doing everything they can to stop the development, which includes taking their fight to Mount Pleasant Town Council.

“The best way that any of us can do anything is come together and voice our opinions,” Nelson said. “So yes, on September 6th we will be there, all of us, and hopefully it’s standing room only and they can hear from all of us.”

News 2 reached out to SCDOT and the South Carolina Ports Authority for comment, but have not heard back at this time.

South Carolina's top recruit sets commitment date

The Georgia Bulldogs are hoping to add a commitment from the highest-ranked recruit in South Carolina. Monroe Freeling is a tall, lengthy four-star offensive tackle from Mount Pleasant, South Carolina, which is just outside of Charleston.Freeling plans to announce where he will play college football on Aug. 29 at 7:30 p.m. ET. The four-star offensive line prospect will decide among Georgia, Alabama, Clemson, Florida, and Miami....

The Georgia Bulldogs are hoping to add a commitment from the highest-ranked recruit in South Carolina. Monroe Freeling is a tall, lengthy four-star offensive tackle from Mount Pleasant, South Carolina, which is just outside of Charleston.

Freeling plans to announce where he will play college football on Aug. 29 at 7:30 p.m. ET. The four-star offensive line prospect will decide among Georgia, Alabama, Clemson, Florida, and Miami.

Buy Bulldogs Tickets

Monroe Freeling plays high school football for Oceanside Collegiate Academy. The 6-foot-7, 285-pound offensive tackle recruit is a member of the class of 2023. Freeling is currently projected to commit to the Georgia Bulldogs per 247Sports.

The Oceanside star is the No. 13 offensive tackle prospect in the class of 2023 and is rated as the No. 80 recruit. Kirby Smart and the Georgia Bulldogs currently have commitments from several players along the offensive line including in-state offensive tackle Bo Hughley.

Monroe Freeling will continue adding to his frame before he plays college football in 2023. The talented offensive tackle has recently visited Georgia, Florida, Alabama, and Miami.

The touted offensive tackle also plays basketball. He shows great athleticism, mobility and footwork for someone of his size. Check out a few of his dunks and a ferocious block from one game during the 2021-2022 high school basketball season:

South Carolina’s top recruit committing to the Georgia Bulldogs would be fitting. The Clemson Tigers have added commitments from some of the top players in Georgia, so it is only fair that the Bulldogs return the favor.

BREAKING: Four-Star OT Monroe Freeling will announce his college decision on Monday, August 29th.

The 6’7 295 OT from Mount Pleasant, SC is ranked as a Top 35 Player in the ‘23 Class (No. 5 OT)

More Here (FREE): https://t.co/AoLVCL69ta pic.twitter.com/2JnYozRzVZ

— Hayes Fawcett (@Hayesfawcett3) August 27, 2022

‘Fairytale’ themed prom held for people with disabilities

MOUNT PLEASANT, S.C. (WCSC) - People with disabilities, their families and their chaperones danced the night away at the prom Saturday.Charleston County Parks and Recreation Commission hosted a “Fairytale” themed prom at the R.L. Jones Center in Mount Pleasant for its 8th year in a row. This event invites people of all ages and all disabilities every year as part of their efforts for accessible events.“We really wanted to provide an opportunity for some folks who might not have gone to a traditional prom or a ...

MOUNT PLEASANT, S.C. (WCSC) - People with disabilities, their families and their chaperones danced the night away at the prom Saturday.

Charleston County Parks and Recreation Commission hosted a “Fairytale” themed prom at the R.L. Jones Center in Mount Pleasant for its 8th year in a row. This event invites people of all ages and all disabilities every year as part of their efforts for accessible events.

“We really wanted to provide an opportunity for some folks who might not have gone to a traditional prom or a school dance,” Melissa Bernhardt, festival and event manager for Charleston County Parks, said. “So, it’s open for all ages, all abilities and we just want everyone to come and dance the night away.”

Throughout the night, about 200 people danced to pop hits and all-time classics, made new friends and even got to take pictures with Cinderella, who also crowned this year’s prom king and queen.

Kendra Chaplin, director of residential services for Community Options, an organization that provides residential and employment services for people with intellectual disabilities, helps prepare this event. She says she loves seeing the smiling faces every year.

“The excitement,” Chaplin said. “When it’s time for the prom, everyone wants to get new dresses, they want to get their hair done, their nail and just to come out and just have a good time. It appears that they really enjoy it.”

Aside from volunteers, the attendees share some of their favorite parts about the prom.

“The crowd and fun,” said Eric Williams, who says he has attended this event many times.

David Parler, a first-time attendee, says he loves the music.

Erin Patterson, another first-time attendee, says she had a lot of fun.

“Just dancing and meeting Cinderella,” Patterson said.

Charleston County Parks and Recreation Commission thanks its sponsors for putting this event together.

The Inclusive Prom and Say Yes to the Dress are made possible through the help of many generous supporters, including the Town of Mount Pleasant Recreation Department, which donates the facility; Charleston Flower Market, which donates corsages for participants; Reinvented Resale, which donates formal dresses and jewelry; and Lowcountry Entertainment, which provides DJ services.

Click here to find more information on other inclusive events with Charleston County Parks and Recreation Commission.

Copyright 2022 WCSC. All rights reserved.

Georgia football gets tremendous OT pledge for 2023 class

Georgia football continues to build momentum in its 2023 recruiting class as the Dawgs add 4-star offensive tackle Monroe Freeling to the group. The Mount Pleasant, S.C. resident picked the Dawgs over Clemson, Florida, Miami and Alabama.This addition is another notch on the belt for head coach Kirby Smart and his offensive line staff in terms of adding elite tackles that could become the next NFL franchise left...

Georgia football continues to build momentum in its 2023 recruiting class as the Dawgs add 4-star offensive tackle Monroe Freeling to the group. The Mount Pleasant, S.C. resident picked the Dawgs over Clemson, Florida, Miami and Alabama.

This addition is another notch on the belt for head coach Kirby Smart and his offensive line staff in terms of adding elite tackles that could become the next NFL franchise left tackle.

He could join the likes of Isaiah Wynn, Andrew Thomas, Isaiah Wilson and most recently, Broderick Jones in the long line of left tackles that come out of Georgia.

Freeling is the pickup Georgia needed ahead of the season, as the last few targets seem to be selecting other programs. However, it’s early, and the Dawgs are playing the long game for this 2023 recruiting cycle.

Georgia football added 4-star offensive tackle Monroe Freeling to its 2023 class.

According to 247Sports Composite rankings, he is the No. 80 overall player, the No. 13 offensive tackle and the No. 1 player out of South Carolina.

BREAKING: Top100 OT Monroe Freeling commits to #UGA over Miami, Florida, Alabama, and Clemson.

Stacy Searels has 4 talented OL on board in his first cycle back at Georgia.

Dawgs now have the No. 3 class on @247Sports https://t.co/7ApObG6xvX pic.twitter.com/7dC82nh8oe

— Kipp Adams (@KippLAdams) August 29, 2022

At 6-7 and 283-pounds, Freeling has a frame that can add weight to it, which is a big upside. He is talented enough to hold that kind of weight at his size, so that will be one of the first things that happen when he gets to Athens,

However, it’s his technical abilities that make him such a highly sought-after target. Freeling has a lot of flexibility throughout his large frame, and that is something tackles need. The power he has to work his hips and get into a defensive end is what college coaches want out of their offensive tackles.

He has quick hands and is very consistent with his placement. Freeling also has excellent footwork. Once Freeling engages, he can drive well with his legs. He flat-out can dominate defenders.

The biggest thing with Freeling is his weight. Once he adds 20-30-pounds, he will be an absolute monster on the football field.

Freeling is a tremendous pickup for the Dawgs, showing that Georgia is not faltering on the recruiting trail. Offensive line coach Stacy Searels got a big one in Freeling, which should silence his doubters.

Georgia football now has 19 members in its 2023 class, and after adding Freeling, the Dawgs should jump from the No. 6 class to the No. 3 class. Smart and his staff know what they’re doing, and watching them play this recruiting game is fun.

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.