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

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

Why Choose Dan Crance As Your Mortgage Lender in Nexton, 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 Nexton, SC

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

 FHA Mortgages Nexton, 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 Nexton, SC.

Refinancing in
Nexton, 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 Nexton, 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 Nexton, 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 Nexton, 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 Nexton, 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 Nexton 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 Nexton, SC

Trust Dan Crance

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

After hours by appointment only. CONTACT DAN

Latest News in Nexton, SC

New-to-market homebuilder coming to Nexton community in Summerville

A new homebuilder and land developer has been added to builder program at the Nexton community in Summerville.With plans to develop a new collection of townhomes in Nexton, this addition marks Brookfield Residential’s first project in South Carolina, according to a news release.Brookfield Residential is an internationally backed organization with more than 65 years of homebuilding experience, the release stated. Operations extend across the United States with major developments in more than 15 markets and over 65 active h...

A new homebuilder and land developer has been added to builder program at the Nexton community in Summerville.

With plans to develop a new collection of townhomes in Nexton, this addition marks Brookfield Residential’s first project in South Carolina, according to a news release.

Brookfield Residential is an internationally backed organization with more than 65 years of homebuilding experience, the release stated. Operations extend across the United States with major developments in more than 15 markets and over 65 active housing communities.

The homebuilder is an affiliate of Brookfield Properties, which currently has a sizable footprint in the Carolinas including 3,500 active employees and $4.8 billion assets under management, the release stated. Assets include logistics, hospitality and retail operations, notably Columbiana Centre, a high-quality retail mall.

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“We are delighted to join the Nexton community and add to the diverse array of housing options” said Gregg Hughes, senior vice president, Housing and Operations for Brookfield Residential, in the release. “Nexton has a vibrant, charming personality and we’re hoping these new townhomes reflect the community and serve the needs of today’s homebuyer.”

Located in Nexton’s Midtown neighborhood, Brookfield Residential’s entry-level townhome collection will feature 1,600 square feet on two finished levels of living space with prices starting in the mid-$300,000s, the release stated. The townhomes will offer three-bedroom layouts with an option for two primary suites. Interiors will include open floor plans and designer kitchens with stainless steel appliances and granite countertops.

Pre-sales will begin mid-summer with a model residence opening later this year.

Midtown also includes the Midtown Club, featuring a resort-style pool, fitness center and indoor and outdoor flex spaces available to members of the Nexton Residential Association, the release stated. The neighborhood also will feature food trucks, movie nights and social events.

Nexton, which got its start in 2013, is a lifestyle-driven destination that blends live, work and play by offering conveniences such as state-of-the-art schools, modern infrastructure, 20 miles of trails and 2,000 acres of green space, the release stated. Nexton has currently sold over 2,600 homes.

With the addition of Brookfield Residential, Nexton’s builder program now features 10 builders that also includes Ashton Woods, Centex, David Weekley, Del Webb, Homes by Dickerson, New Leaf, Pulte Homes, Saussy Burbank and True Homes, according to the release.

Lowes Foods Plans Second Berkeley County Location In Nexton

BERKELEY COUNTY, S.C. – Lowes Foods, a North Carolina-based supermarket, has plans to add a fifth Lowcountry location, Brookfield Properties recently announced. The supermarket chain will open its second Berkeley County store in Nexton’s North Creek Marketplace in Summerville.An anticipated opening date has yet to be announced. Currently, the only Lowes Foods in...

BERKELEY COUNTY, S.C. – Lowes Foods, a North Carolina-based supermarket, has plans to add a fifth Lowcountry location, Brookfield Properties recently announced. The supermarket chain will open its second Berkeley County store in Nexton’s North Creek Marketplace in Summerville.

An anticipated opening date has yet to be announced. Currently, the only Lowes Foods in Berkeley County is in Hanahan. Other nearby locations include West Ashley (Charleston County), Mount Pleasant (Charleston County) and Summerville (Dorchester County).

The Nexton grocery store will anchor a new retail center that will also include Domino’s Pizza and Cava, a fast-casual Mediterranean concept. Fifth and Third Bank and a Roper Urgent Care facility will also call North Creek Market home.

SEE ALSO:

Founded in 1954, Lowes Foods employs nearly 9,000 people and operates more than 80 full-servicesupermarkets in the Carolinas.

Locally owned and operated, Lowes Foods prides itself as a “homegrown company” committed to bringing community back to the table, by providing customers with the freshest and most innovative local products from local suppliers.

To learn more, visit lowesfoods.com.

BERKELEY COUNTY, S.C. – A national provider of upscale co-working and flexible office spaces recently celebrated the grand opening of its newest location in Berkeley County. Serendipity Labs with the help of the Berkeley Chamber of Commerce cut the ribbon Friday to its new Summerville facility in Nexton Square.

“Come by for a tour to check out this newly constructed 2-level workspace, which features retail, dining, hotels and a variety of fitness options at your doorstep. Conveniently located only 25 minutes from Charleston, and only 5 minutes from Downtown Summerville,” Serendipity Labs recently posted to its official Facebook page.

The standalone Nexton location offers 28,000 square feet of thoughtfully designed workspaces, including private offices, team rooms, co-working spaces and dedicated rooms for business meetings and events, according to a news release.

It also features outdoor patio space and a Lab Café, offering unlimited coffee, tea and fruit-infused water as well as ergonomic desks, chairs, sofas and fast-speed, encrypted internet.

This is Serendipity Labs’ second commercial location in the Charleston area.

Headquartered in Rye, NY and established in 2011, Serendipity Labs Inc., is an American flexible office space company that opens, manages and markets its upscale coworking brand as a service to office asset owners.

Several new restaurants, other businesses coming to Charleston-area development

Several new commercial tenants are coming to a large housing development on the edge of Summerville.Lombardi’s Pizza Kitchen, The Co-op Frosé & Eatery, The Backyard Biergarten, Lowcountry Yoga and children’s gym KidStro...

Several new commercial tenants are coming to a large housing development on the edge of Summerville.

Lombardi’s Pizza Kitchen, The Co-op Frosé & Eatery, The Backyard Biergarten, Lowcountry Yoga and children’s gym KidStrong are all lined up to be a part of The Hub in Nexton.

The restaurants and fitness sites are expected to move in by late June or early July, according to Nexton spokeswoman Cassie Cataline.

The Hub is a collection of office and commercial buildings under development on Nexton Parkway and Brighton Park Boulevard near Home Telecom and Refuel convenience store.

Office tenants include Coastal Vascular & Vein Center, Charleston Wound Care, Palmetto Primary and Specialty Care Physicians, Derrington Dermatology and Holliday Ingram law firm.

A new pair of two-story office buildings is expected to be completed in 2024 and 2025. They will be 30,000 square feet and 20,000 square feet, respectively, and be built beside Nexton Parkway.

Nexton is a 5,000-acre, mixed-use development next to Summerville between Interstate 26 and U.S. Highway 176 in Berkeley County. With more than 2,500 homes already sold, the development is expected to have 7,500 residential units at full build-out.

It also could house as many residents as the current populations of Clemson, North Myrtle Beach or West Columbia, roughly between 16,000 and 20,000. That would make it as big as Moncks Corner and Georgetown combined.

Now open

A new pizza restaurant is now open in Mount Pleasant.

BarPizza opened May 12 at 656-G Long Point Road in the revamped former Kiki & Rye space.

It’s part of Free Reign Restaurants owned by Ryan and Kelleanne Jones. They also operate the recently opened Southbound on the Charleston peninsula and Community Table in Mount Pleasant.

Stepping in

A new retail shop that incorporates a clothing item in all of its wares is close to opening in downtown Charleston.

Respoke hopes to open by the weekend at 377 King St. in the former location of Simply J Boutique.

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The shop will offer shoes, clothing and other items that are made in part by repurposing different sections of scarves. Hours will be 10 a.m.-6 p.m. daily, but they could change after the shop opens, according to store manager Joseph Fennell.

New threads

Also, coming to downtown Charleston is a new women’s clothing store, now with a shop in Asheville.

Hazel Twenty owner Lexi DiYeso plans to open in August at 73 Wentworth St., formerly part of 269 King St. that was used as back-of-house storage for the former Gap store. The front section houses Aerie, also a clothing shop.

Real Estate

The 3,641-square-foot space is currently under construction behind clothing store Collared Greens and next to The Port Mercantile, part of The Restoration Hotel, according to Blair Hines Gearhart of Oswald Cooke & Associates, who represented the tenant. Charles Constant with Constant Properties represented the landlord.

Fresh return

Ruke’s Produce Stand returns to Mount Pleasant on May 24. Operated by Arthur Brown, the vegetable and fruit vendor will operate 10 a.m. to 5 p.m. Monday through Saturday through Dec. 31. It’s at 378 Mathis Ferry Road next to Holy Trinity AME Church.

Book it

That Big Book Sale returns for its 41st run May 19-21 at Omar Shrine Auditorium at 176 Patriots Point Road in Mount Pleasant.

More than 60,000 books in all categories will be on sale, starting at $1. Sponsored by Charleston Friends of the Library, the event helps support Charleston County Public Library System.

A pre-sale event for members is 5-8 p.m. May 18. The event is open to the public 9 a.m.-7 p.m. May 19, 9 a.m.-5 p.m. May 20, and 10 a.m-3 p.m. May 21.

Checks, cash, major credit cards and electronic payments, such as ApplePay, will be accepted.

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New residential neighborhood planned for Nexton community

A new neighborhood of homes is coming to the master-planned community of Nexton.The homes by Ashton Woods will be located in the North Creek area of the master-planned community, according to an Ashton Woods news release. Presales are now underway at Hammock Walk, a 55-plus community that will feature over 100 villa-style homes in its first phase.“Ashton Woods has a successful history of delivering exceptional floo...

A new neighborhood of homes is coming to the master-planned community of Nexton.

The homes by Ashton Woods will be located in the North Creek area of the master-planned community, according to an Ashton Woods news release. Presales are now underway at Hammock Walk, a 55-plus community that will feature over 100 villa-style homes in its first phase.

“Ashton Woods has a successful history of delivering exceptional floorplans and innovative designs to Nexton, and we are excited to see Hammock Walk come to life,” said Cassie Cataline, marketing director at Nexton, in the release. “As part of Nexton’s esteemed builder program, Ashton Woods is one of 10 builders providing a diverse array of homes to complement the community’s dynamic blend of businesses, recreation and restaurants throughout the community.”

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Hammock Walk will include a collection of ranch-style villas featuring two- and three-bedroom plans, with outdoor living spaces and one-car garages starting in the $300,000s, the release stated. Located within Nexton’s North Creek neighborhood on Nexton Parkway less than one mile from U.S. 176, Hammock Walk will offer amenities including pickleball courts, walking trails, ponds and green spaces.

Ashton Woods, named 2023 Builder of the Year by Builder Magazine, has been building design-forward homes in thoughtfully selected communities across the country since 1989, the release stated. With an emphasis on honored design principles, Ashton Woods builds and sells homes in Atlanta, Austin, Charleston, Dallas, Houston, Orlando, Phoenix, Raleigh and San Antonio.

Celebrating the 10th anniversary of the community’s 2013 opening, Nexton is a lifestyle-driven destination that blends live, work and play by offering conveniences such as state-of-the-art schools, modern infrastructure, 20 miles of trails and 2,000 acres of green space, the release stated. The community’s four residential neighborhoods include apartments, built-for-rent homes, townhomes and a variety of for-sale single-family homes that cater to first-time buyers, executives and 55+ retirees. Nexton has currently sold over 2,600 homes.

In addition to Ashton Woods, Nexton’s builder program features nine other prominent builders, including newly added Brookfield Residential, Centex, David Weekley Homes, Del Webb, Homes by Dickerson, New Leaf Builders, Pulte Homes, Saussy Burbank and True Homes.

Nexton breaks ground on 320-unit for-rent development

What’s next for Nexton?The master-planned community in Summerville broke ground on SOLIS Nexton, a 320-unit multifamily development.Charlotte-based ...

What’s next for Nexton?

The master-planned community in Summerville broke ground on SOLIS Nexton, a 320-unit multifamily development.

Charlotte-based Terwilliger Pappas is developing the 11-acre project, which is expected to be completed in late 2022.

SOLIS Nexton plans include for-rent residences that are available in one-, two- and three-bedroom floorplans. The development will consist of nine three- and four-story buildings. Garages also will be available for lease. The new community is located within walking distance to Nexton Square.

“We are excited to add Terwilliger Pappas to Nexton’s expanding list of talented partners who provide high-quality residential offerings that cater to a variety of lifestyles and preferences,” said Nexton’s Vice President of Operations Brent Gibadlo. “From young professionals to families and empty nesters, SOLIS Nexton will blend the best of Nexton living through its thoughtful planning and innovative design.”

Amenities for the new community include a resort-style pool, dog park, peg spa, entertainment lounge, electric car charging stations, a fitness center and private yoga/spin studio. Plans also carved out space for a community pocket park.

“We are thrilled to be located in the heart of Nexton,” said Tom Barker, regional CEO for Terwilliger Pappas. “This is exactly the type of location we’ve been searching for – a walkable location with access to restaurants and other amenities desired by our future residents.”

Additional project partners include Summit Contracting, Group 4 Architecture, which will focus on architect and interiors; and Cline Design Associates and Seamon Whiteside, which will handle civil and landscape architecture.

Terwilliger Pappas was founded in 2013 and develops multifamily apartment communities in Southeast submarkets. The company has regional offices in Raleigh and Atlanta.

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