With 30 years in the industry

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

My name is Dan Crance - North Charleston'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 North Charleston, 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 North Charleston, SC
 Refinance North Charleston, SC

Why Choose Dan Crance As Your Mortgage Lender in North Charleston, 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.

Ask Dan Anything843-478-5612
 Conventional Mortgage North Charleston, SC

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

 FHA Mortgages North Charleston, 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.
Ask Dan Anything843-478-5612

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 North Charleston, SC.

Refinancing in
North Charleston, 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 North Charleston, 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 North Charleston, 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 North Charleston, 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 North Charleston, 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 North Charleston 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 North Charleston, SC

Trust Dan Crance

Your Mortgage Lender in North Charleston, 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 North Charleston loves Classic Home Mortgage.

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Latest News in North Charleston, SC

Goosemas | North Charleston Coliseum | 12/14/2024

Goose returned for the second night of Goosemas XI at the North Charleston Coliseum and delivered even more twists and turns. They kept fans on their toes with an unpredictable set, despite revisiting a theme they had executed multiple times before. The night featured numerous first-time-played covers, as well as a bingo ball marke...

Goose returned for the second night of Goosemas XI at the North Charleston Coliseum and delivered even more twists and turns. They kept fans on their toes with an unpredictable set, despite revisiting a theme they had executed multiple times before. The night featured numerous first-time-played covers, as well as a bingo ball marked "D+B+Flamingos." DJ Marb Menthols made an appearance, and the evening concluded perfectly with a Grateful Dead encore.

Prior to the Goosemas event, Goose randomly generated 12,000 bingo cards that corresponded to balls in the giant bingo machine behind them on stage. Fans signed up to receive a card, which was scored in real-time by the band's software. One of our friends had "D+B+Flamingos" on their card, so we had an inkling that flamingos might make an appearance. Our card had "Chakras," which was never selected, leaving us curious about what that might have entailed.

The second night began much like the first, with the band walking on stage to "Sirius," also known as the Chicago Bulls' entry music, by the Alan Parsons Project. All five band members wore the same costumes as the night before: guitarist Rick Mitarotonda as Bob Seger, multi-instrumentalist Peter Anspach as George Harrison, percussionist Jeff Arevalo as Dickey Betts, bassist Trevor Weekz as Rick James, and drummer Cotter Ellis as Elton John. They were joined by MC Lucky Lou, who selected the bingo balls while hamming it up on stage in a Southern drawl and an Elvis-inspired jumpsuit.

Lucky Lou selected "Madhuvan" as the first ball, sparking a sixteen-minute jam that explored many directions early on. The band certainly came out swinging. "Borne" followed, with Lucky Lou quietly selecting "Bonus Ball 5" during the tune. They then transitioned into "Slip Slidin' Away" by Paul Simon, the first of many first-time-played tunes of the evening.

The newer tune "One In, One Out" was plucked from the bingo machine, launching the band into a mellow jam that soon gained momentum. Lucky Lou selected "D+B+Flamingos," and within seconds, two massive inflatable flamingo floatation devices appeared near the photo pit. The crowd seized the moment, passing one flamingo back before it was recalled. Both Mitarotonda and Anspach hopped onto the giant pink flamingos and crowd-surfed Andy Frasco-style into the audience. They made it about halfway back before turning around, with Anspach falling off at one point. Both musicians were all smiles, as were the fans, who savored every moment. Oh, and did we mention that Weekz, Ellis, and Arevolo kept playing a killer surf-inspired groove throughout this wild adventure?

The band soldiered on as Mitarotonda and Anspach returned and received the "14 Minute Jam" bingo ball. Without stopping, they ventured into type-two territory with an epic jam that absolutely deserves a re-listen. The juicy funk jam transitioned impressively into "Rockdale," with Anspach shining on the clav. This slow-burn funk groove quickly morphed into a powerful closing jam, with Mitarotonda in full face-melting mode..

Goose returned for round two, joined by Lucky Lou, who pulled "All I Need" from the bingo machine. The band began with the slow, melodic version, but it was short-lived as another bingo ball directed the music into "Creatures." An up-tempo, dark jam followed, venturing into the EDM space.

This eventually transitioned into a shorter "Empress of Organos." Bonus Ball #5 was chosen during the jam, leading to Harold Melvin & The Blue Notes' "Don't Leave Me This Way." This first-time-played tune ignited a disco inferno, enhanced by an epic light show courtesy of Lighting Director Andrew Goedde. The band significantly elevated their lighting game for Goosemas, featuring a massive light cube suspended above the crowd.

The disco dance party wasn't quite over as Bonus Ball #3 was selected, leading to "Get Down Tonight" by KC and the Sunshine Band. Lucky Lou lent a hand with percussion during this '70s classic, while Anspach added layers of clavinet to the raucous jam that followed. At one point, the band teased "That's The Way (I Like It)" before launching into soaring jam-rock peaks to conclude this first-time-played cover.

"Atlas Dogs" came next, gaining momentum before quickly segueing into "Echo of a Rose." This version was shorter than a typical "Echo," but it packed no less of a punch. During this jam, the "$ Ready" ball was selected, leading to the first verse and chorus of "Slow Ready" before transitioning back into "So Ready." The jam ultimately returned to "Slow Ready" territory, closing out this incredible set.

The band returned for an encore, delivering what could be considered a third set. "Dripfield" was the last ball drawn from the oversized bingo machine, and this fast version made the selection even sweeter. The music ventured into a darker jam, accompanied by staff shooting shirts from cannons into the crowd. DJ Marb Menthols, aka Weekz, also made an appearance, complete with turntables. He unleashed jungle beats, temporarily transforming the room into an EDM throwdown. This jam is one we highly recommend revisiting. DJ Marb Menthols will also be playing a set at Viva El Gonzo in May 2025.

The music was not over as Goose delved into "Help on the Way" by the Grateful Dead. The loud reaction from the crowd indicated their joy at this first-time-played selection. The psychedelic music flowed seamlessly into its companion piece, "Slipknot!," before transitioning masterfully into "Franklin's Tower." Goose truly made these songs their own, bringing smiles to many faces. The band then directed the jam back into "Empress," ending this powerful encore on a high note.

Goose will be back in action on December 30th-31st in Austin, TX, for their year-end festivities. Tickets for the first night are available via this link. They will also be in San Jose Del Cabo, Baja California Sur, Mexico, from May 8th to 10th for Vivo El Gonzo. Visit this link for more details. Check out their tour page for information on events in your region.

Check out more photos from the show! Also, view our coverage from Night One at Goosemas XI.

Date: December 14, 2024 Event:: Goosemas XI Venue:: North Charleston Coliseum Location:: North Charleston, SC Set One: Sirius[1] > Madhuvan, Borne > Slip Slidin’ Away[2], One In, One Out -> Jam[3] -> Jam[4] -> Rockdale Set Two: All I Need[5] -> Creatures > The Empress Of Organos > Don’t Leave Me This Way[6], Get Down Tonight[7], Atlas Dogs[8] -> Echo of a Rose[9] > Slow Ready[10] > So Ready[10] -> Slow Ready[10] Encore: Dripfield[8] > Jam[11], Help on the Way[12] -> Slipknot![12] > Franklin's Tower[13] -> The Empress Of Organos Coach's Notes: [1] The Alan Parsons Project. [2] Paul Simon. FTP. Bonus Ball #5. [3] D&B&Flamingos bingo ball. Rick and Peter crowd surfed on inflatable flamingos while the rest of the band played. [4] +14 Minute Jam bingo ball. [5] Slow, melodic version. Unfinished. [6] Harold Melvin & The Blue Notes. FTP. Bonus Ball #2. [7] KC and the Sunshine Band. FTP. Bonus Ball #3. With Lucky Lou on percussion and That's The Way (I Like It) tease. [8] Unfinished. [9] Fast version. Unfinished. [10] $ready bingo ball. [11] M@rball and Cannons bingo balls. With DJ Marb Menthols on turntables. [12] Grateful Dead. FTP. Bonus Ball #1. [13] Grateful Dead. FTP. Unfinished. Bonus Ball #1.

Set list via elgoose.net

Goose | North Charleston Coliseum

Goose | North Charleston Coliseum

Drumer Cotter Ellis | Goose

Goose | North Charleston Coliseum

Goose | North Charleston Coliseum

Guitarist Rick Mitarotonda | Goose

Goose | North Charleston Coliseum

Topics

Boeing to expand Charleston facilities creating 500 jobs

14/12/2024 Aviation engineering news, News 2 minute readBoeing has announced it is committing to expanding its Charleston, South Carolina operation creating 500 new jobs.Charleston is home t...

14/12/2024 Aviation engineering news, News 2 minute read

Boeing has announced it is committing to expanding its Charleston, South Carolina operation creating 500 new jobs.

Charleston is home to the production of Dreamliners, where the complete cycle of fabrication and assembly through to delivery takes place for 787-8, 787-9 and 787-10 aircraft.

Boeing’s plans include expanding both of its North Charleston campuses, located at 5400 International Blvd. and 9775 Patriot Blvd., to allow it to support increased 787 Dreamliner production as well as future-proofing for potential rate increases.

Boeing already plans to increase Dreamliner production to 10 aircraft per month by 2026.

The Charleston operation employs 7,800 people across its Airport and North Campuses in North Charleston, and its West Campus in Orangeburg sites.

“Since the creation of Boeing South Carolina in 2009, we’ve marked many important milestones – including consolidating 787 Dreamliner production to South Carolina. I’m thrilled for this next phase of growth, which is made possible by our incredible teammates and the confidence our customers have in our airplanes. This decision reflects Boeing’s commitment to the workforce, the 787 program and the community. We are building a legacy at BSC, for ourselves and for future generations in the Palmetto State.” said Vice President and General Manager of the 787 Program and BSC Site Leader Scott Stocker

The total investment is valued at $1 billion.

Gov. Henry McMaster added: Boeing’s decision to expand in Charleston County further solidifies South Carolina’s position as a leader in the aerospace industry. This significant investment and the 500 new jobs it will bring to the Lowcountry reflect Boeing’s confidence in our workforce and highlights the strength of our pro-business environment. We look forward to continuing to build our partnership and the opportunities this expansion will bring to our state.”

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Boeing to invest $1 billion to help increase 787 production in South Carolina

Dec 12 (Reuters) - Boeing (BA.N), opens new tab said on Thursday it plans to spend $1 billion to support increased production of its 787 Dreamliner widebody jets, as the U.S. planemaker works to meet an earlier output target of 10 a month by 2026.Boeing plans to expand operations at its Charleston County, South Carolina, facility with the $1 billion investment in infrastructure upgrades and the creation of 500 new jobs over ...

Dec 12 (Reuters) - Boeing (BA.N), opens new tab said on Thursday it plans to spend $1 billion to support increased production of its 787 Dreamliner widebody jets, as the U.S. planemaker works to meet an earlier output target of 10 a month by 2026.

Boeing plans to expand operations at its Charleston County, South Carolina, facility with the $1 billion investment in infrastructure upgrades and the creation of 500 new jobs over five years, the planemaker said in a joint announcement with the South Carolina Department of Commerce.

The investment and expansion lay the groundwork for "potential future rate increases driven by market demand," Boeing said. The U.S. planemaker faces pressure from European rival Airbus (AIR.PA), opens new tab which has announced plans to raise output of its competing A350 to 12 a month by 2028.

After a prolonged lull, demand for widebody planes is accelerating sharply as airlines renew capacity as demand grows for international travel.

Boeing is trying to ramp up plane output to generate needed cash, after a crippling strike this autumn halted production of all but its Dreamliner jets.

Boeing's announcement reaffirms an earlier target of 10 Dreamliner jets a month announced during a company investor day in 2022. Hitting that rate would be a steep climb for the planemaker, given existing production levels and challenges as Boeing wrestles with manufacturing quality problems.

Boeing has been trying to bring 787 production back to a rate of five a month by the end of 2024, after scaling back output earlier this year due to supply-chain delays in getting seats and heat exchangers. Boeing has said its 787 production rate was five per month during the last quarter of 2023.

Reporting by Allison Lampert in Montreal and Shivansh Tiwary in Bengaluru. Additional reporting by Tim Hepher in Paris and Dan Catchpole in Seattle Editing by Pooja Desai and Matthew Lewis

North Charleston's Gourdine eyes NFL future after making mark at UConn and home

Dal'mont Gourdine playing at UConn, celebrating after making a play.NORTH CHARLESTON, S.C. (WCIV) — Dal'mont Gourdine is the standard bearer in more ways than one. His family, neighborhood, and high school all should be proud.By the sounds of it, North Charleston-born and raised Gourdine could be the mayor of Storrs, Connecticut, after five years of playing football for the UConn Huskies."The people are very welcoming," he said. "They want to get to know you. Coach Hurley [is] over there across the s...

Dal'mont Gourdine playing at UConn, celebrating after making a play.

NORTH CHARLESTON, S.C. (WCIV) — Dal'mont Gourdine is the standard bearer in more ways than one. His family, neighborhood, and high school all should be proud.

By the sounds of it, North Charleston-born and raised Gourdine could be the mayor of Storrs, Connecticut, after five years of playing football for the UConn Huskies.

"The people are very welcoming," he said. "They want to get to know you. Coach Hurley [is] over there across the street. Real cool dude - got to know him. Chopped it up plenty of times. The whole university. I know the president."

READ MORE | "App State, Charlotte introduce new football coaches as they look to turn around programs."

He's made UConn his home. When others "portal'ed" to the next spot, the only chasing he did was opposing quarterbacks.

"My game plan going forward is NFL," he said. "Main goal on top of the main goal since I was a youngin'."

That very well could happen. But with what he's already accomplished – it doesn't much matter.

"Where we come from in North Charleston, not many take that next step and next level to go where the family wants them to go," he said. "We probably had eight graduation tickets, but I had to go back to people and say I have like 20 graduation tickets. I have people coming from North Charleston up here. The university helped me get those tickets for the people, who spent the weekend up here."

READ MORE | "Clemson to face Texas in first round of College Football Playoff."

His college career is now over. A foot injury at practice late in the season forced surgery. He won't play in the upcoming Fenway Bowl against UNC. He's every bit a part of getting them there. You bet he'll be in Boston for it.

"Waking up at 4:30 a.m. to go to workouts and train," he said. "I'm happy for this team. The guys, the coaches, the families around this team. When things went left, we got them right during the season."

He's also the last of his kind. The final Garrett Tech Falcon to fly. The final athlete from the now-shuttered high school off of Dorchester Road.

"I think about it all the time," he said. "We always talk about high school, what is your HS doing this Friday? I never join in the conversation because I don't have a high school anymore. Garrett is gone. Last athlete, something I can hold my head on. I'm the last to ever do it at the school. Before they built CCSD, I tried to contact the people to get my name on there that I was the last one to do it."

He may not have to ask for that in Storrs, Connecticut.

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