With 30 years in the industry

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

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

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

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

 FHA Mortgages Orangeburg, 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 Orangeburg, SC.

Refinancing in
Orangeburg, 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 Orangeburg, 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 Orangeburg, 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 Orangeburg, 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 Orangeburg, 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 Orangeburg 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 Orangeburg, SC

Trust Dan Crance

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

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Latest News in Orangeburg, SC

If You Only Have One Day to Visit This Small Town in South Carolina, Here’s Everything You Absolutely Can’t Miss

If you only have one day to visit Orangeburg, South Carolina, you’re in for a treat. This charming small town is rich in history, culture, and natural beauty, making it an ideal destination for a quick getaway. The city of Orangeburg was named after William IV, Prince of Orange, who was married to Princess Anne, the daughter of King George II of England. But today, Orangeburg is known for being home to two historically Black colleges, Claflin University, a liberal arts college, and South Carolina State University, a public university....

If you only have one day to visit Orangeburg, South Carolina, you’re in for a treat. This charming small town is rich in history, culture, and natural beauty, making it an ideal destination for a quick getaway. The city of Orangeburg was named after William IV, Prince of Orange, who was married to Princess Anne, the daughter of King George II of England. But today, Orangeburg is known for being home to two historically Black colleges, Claflin University, a liberal arts college, and South Carolina State University, a public university.

Beyond visiting these two campuses, here is everything you absolutely can’t miss during your visit.

Start your day at the South Carolina Civil Rights Museum, where you can delve into the town’s vibrant history through fascinating exhibits that showcase local art, artifacts, and stories. Through powerful exhibits, photographs, and artifacts, the museum honors the struggle for equality and justice while educating visitors about South Carolina’s role in the movement.

Next, head to Edisto Memorial Gardens, a stunning escape featuring beautiful azaleas, camellias, and a picturesque view of the Edisto River. The gardens also have walking paths and a lovely gazebo, perfect for a peaceful stroll or reflection. With over 4,800 rose plants within, this is the place to be to see some of the best blooms in town.

After enjoying the gardens, make your way to downtown Orangeburg, where you’ll find a variety of shops and restaurants. Stop for lunch at one of the local eateries, such as Squeaky's Grill, known for its hearty Southern fare. Don't miss trying the fried chicken or a classic Southern BBQ sandwich—both are local favorites. It's comfortable, casual, and just good food.

As the sun begins to set, return to downtown Orangeburg to unwind at a local café or grab a sweet treat Whipped Sweets & Treats on Rodriguez Street. If you really want to indulge in a classic, the banana split is one of the most popular items.

With its blend of history, nature, and Southern charm, Orangeburg offers a delightful experience for any visitor. Make the most of your one-day adventure by exploring these must-see attractions that showcase the best of this underrated gem in South Carolina.

Want to explore Orangeburg, SC soon? Check out these South Carolina hotels and start planning your trip today!

Road closures, flooded cars cause problems for Orangeburg businesses

While many businesses within the county faced physical damage to their stores, others have suffered financial setbacks, even if their buildings remained untouched.More VideosCOLUMBIA, S.C. — Some residents in Orangeburg County are slowly getting back on their feet after devastating flooding last week caused widespread damage. And in addition to the ...

While many businesses within the county faced physical damage to their stores, others have suffered financial setbacks, even if their buildings remained untouched.

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COLUMBIA, S.C. — Some residents in Orangeburg County are slowly getting back on their feet after devastating flooding last week caused widespread damage. And in addition to the human toll, the economic impact is still being felt.

While many businesses faced physical damage to their stores, others have suffered financial setbacks, even if their buildings remained untouched.

"No one can tell you where they can remember this amount of flooding and damage to this area that took place in the past ever," said James McQuilla, president of the Orangeburg County Chamber of Commerce.

McQuilla is still trying to comprehend the extent of the damage, especially after floodwaters from the Edisto River surged into the Chamber of Commerce's parking lot, rising three feet. The water also flooded the building itself, causing significant damage.

"We had about two and a half feet of water inside the chamber, so we have massive damage, extensive in the chamber," McQuilla explained.

Businesses like Walmart and CVS also suffered damage, with standing water affecting many vehicles parked in their lots.

“There’s been quite a bit of economic loss," McQuilla said. "It may be your car was flooded out because we had a lot of cars in parking lots that were flooded. Now folks can’t get to work. The overall economic impact, I think we are still assessing."

In addition to the damage to businesses, ongoing road closures have made recovery even more challenging. Dozens of roads in the county remain closed due to storm damage.

"The fact that it's so difficult to get around. There were over 100 roads damaged in the county. Whether you had immediate flood damage or your roof leaked, or you woke up and your kids couldn’t go to school or you couldn’t take them to daycare, you were impacted, and there was a lot of that," McQuilla said.

For those in need of assistance—whether for childcare, insurance claims, shelter, or other resources—McQuilla advises calling the Chamber of Commerce. The office is now back up and running after some initial phone outages.

"We are going to be working with city administration and the county to find out what is available for folks who are calling in. For a while, we were not able to answer the phones, but we are back up now," McQuilla said, sounding optimistic.

As recovery efforts continue, the community is banding together to support one another and rebuild from the devastation caused by last week's flooding.

RELATED: Town of North floods catch residents by surprise, cleanup continues

RELATED: Orangeburg County schools to return to class, but with a schedule change

Flooding in Orangeburg County leaves over 70 roads still closed

Residents face ongoing road closures and delays as SCDOT continues to repair after floodsMore VideosORANGEBURG COUNTY, S.C. — Orangeburg County is still recovering from the aftermath of last week's historic flooding, which has left many roads impassable. Five days later, emergency services reports that 76 major roads remai...

Residents face ongoing road closures and delays as SCDOT continues to repair after floods

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ORANGEBURG COUNTY, S.C. — Orangeburg County is still recovering from the aftermath of last week's historic flooding, which has left many roads impassable. Five days later, emergency services reports that 76 major roads remain closed.

Orangeburg County Director of Emergency Services Billy Staley says recovery might take some time.

“We have some roads that are going to be months to be repaired, and we have some roads that are going to be a week or two," Staley said.

Jordan Dempsey is the assistant chief at the Edisto Fire Department in Cope. He says that several key routes in the district have been severely damaged, making it difficult for them to access parts of their fire district.

"Today, we're just surveying the area that was damaged during the rain, making sure we have access to all of our fire response areas, which alternate routes were having to take due to the washouts in the roads so that we are not in the immediate action of trying to get to someone to either rescue them, extinguish a house fire or get to a medical call or any other vehicle accident so that we have a better route to get there as quickly as possible,” said Dempsey.

RELATED: Orangeburg County schools to return to class, but with a schedule change

The South Carolina Department of Transportation does not have a timeline as yet on when repairs will be completed but in a statement to News19, SCDOT said, “SCDOT is expediting these repairs. Crews have been working since last week and will continue to work until we get those roads repaired and reopened. We appreciate the public’s patience as we continue to work to make repairs.”

RELATED: Town of North floods catch residents by surprise, cleanup continues

Staley is urging residents to avoid driving around barricades and roadblocks.

"Please do not move the barricades, the cones, or the barrels and drive around them. We're still in the process of evaluating and repairing roads, and that's super critical," said Staley. "This morning, an 18-wheeler had tried to drive around a barricade and got stuck."

Orangeburg County Office of Emergency Services is asking residents who sustained damage to their properties or businesses due to the flooding to report their losses for possible assistance through FEMA.

Orangeburg County School District announces delayed arrival after widespread flooding

Published: Nov. 11, 2024 at 6:06 PM PST|ORANGEBURG, S.C. (WIS) - Students in Orangeburg County will return to class Tuesday after widespread flood damage to roads from last week’s heavy rain canceled classes for three days.Orangeburg County School District will operate under the following modified school schedule:• Tuesday, November 12, 2024 – 2-Hour Delay• Wednesday, November 13, 2024 – 2-Hour Delay• Thursday, November 14, 2024 – 1-Hour Delay• Friday, Nove...

Published: Nov. 11, 2024 at 6:06 PM PST|

ORANGEBURG, S.C. (WIS) - Students in Orangeburg County will return to class Tuesday after widespread flood damage to roads from last week’s heavy rain canceled classes for three days.

Orangeburg County School District will operate under the following modified school schedule:

• Tuesday, November 12, 2024 – 2-Hour Delay

• Wednesday, November 13, 2024 – 2-Hour Delay

• Thursday, November 14, 2024 – 1-Hour Delay

• Friday, November 15, 2024 – 1-Hour Delay

In addition to the schedule changes, all out-of-district field trips are canceled for this week.

The district also says after-school programs at North Middle/High School and Dover Elementary School have been suspended for the week as a safety precaution.

District officials said it will return to a normal schedule on Monday, November 18, 2024.

Superintendent Dr. Shawn Foster told WIS News 10 bus drivers came to work on Monday and drove their routes in their personal vehicles looking for alternate routes to schools.

One parent said they felt reservations about the return to classes with more than 100 road closures in the county.

“I really do think they should leave the kids home until they get the roads situated. I do care about the other kids, the bus drivers, safety for everybody,” said Dynekeqwa Robinson.

“Our bus drivers. I want to commend them. They came in today. In their personal vehicles they are driving their routes to see how to make modifications and/or adjustments,” said Foster.

“We want kids in school but the fact of the matter is in many circumstances, we couldn’t have gotten them there anyway,” Foster added.

In addition to the reopening of schools, Orangeburg County Emergency Management said the shelter at Orangeburg city gym, and the water distribution site in Neeses both closed Monday after opening last week upon Gov. Henry McMaster’s declaration of a State of Emergency.

A spokesperson with the South Carolina Emergency Management Division says the State of Emergency is still in effect.

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Orangeburg begins road to recovery after severe flooding leaves roads damaged and stores submerged

In less than 12 hours, the storm turned local streets into rivers, damaging roads and submerging properties, including local stores.More VideosCOLUMBIA, S.C. — Orangeburg is beginning cleanup efforts after heavy rainfall Wednesday night flooded streets, parks, businesses, and residential areas, forcing evacuations and ...

In less than 12 hours, the storm turned local streets into rivers, damaging roads and submerging properties, including local stores.

More Videos

COLUMBIA, S.C. — Orangeburg is beginning cleanup efforts after heavy rainfall Wednesday night flooded streets, parks, businesses, and residential areas, forcing evacuations and temporary closures.

In less than 12 hours, the storm turned local streets into rivers, damaging roads and submerging properties, including local stores. The storm has left some residents in shock, recalling the severity of the flooding.

"Oh, hurricane Hugo was bad. But this, this water here was worse,” said George Randolph, a long-time Orangeburg resident.

Randolph was among those who saw first-hand how severe the flooding was.

"Walmart, it flooded out Walmart. I saw they had to get employees out on a boat. That’s real bad. I’d never seen that—getting them out on a boat in a grocery store? That’s crazy," he said.

RELATED: Missing Cordova woman dead after vehicle found in floodwaters, authorities say

For some, the storm's aftermath has been nothing short of surreal. Doris Mack, who has lived in Orangeburg for 64 years, described her harrowing commute to work Thursday morning as rain continued to fall.

"It was rough because I had to go across the bridge and everything; I hit something, I don't know what I hit. It was just awful. Rain was pouring. It was just awful," she said.

Meanwhile, Frances, a long-time resident of Bamberg, was shocked when she learned just hours earlier that parts of Orangeburg had been completely submerged.

"My granddaughter told me that Orangeburg could be flooded, so I was kind of weird about coming today," she said. "But it looks good today," said Frances, who expressed relief she was not in the area during the height of the flooding. "I’m glad I wasn’t here, though, during that."

RELATED: 'We never dreamed of this' | Orangeburg County residents reel from historic flooding, damaged homes and memories

Despite the water levels beginning to recede, many residents still face challenges with road closures throughout the city. Randolph, who tried to navigate the area after the storm, described the frustration.

"They blocked all the roads off. I tried to get around from one town to the next. Took me going through four different towns to get back into Orangeburg," he said.

While people are relieved the worst is over, many say they were not prepared for the extent of the flooding.

"I don’t think anyone was expecting this," Mack said.

News19 is still awaiting information on whether the Orangeburg County School District will reopen schools on Monday after they were closed Friday due to damaged roads.

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