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

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

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

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

 FHA Mortgages Ridgeville, 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 Ridgeville, SC.

Refinancing in
Ridgeville, 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 Ridgeville, 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 Ridgeville, 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 Ridgeville, 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 Ridgeville, 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 Ridgeville 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 Ridgeville, SC

Trust Dan Crance

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

After hours by appointment only. CONTACT DAN

Latest News in Ridgeville, SC

Lowcountry day trip: Must visit places in Ridgeville

If you’re seeking a day trip from Charleston – a Lowcountry retreat that may seem far away from it all, but is really only a short 35-mile drive – consider the town of Ridgeville, SC.It has a small town feel and friendly charm, enveloped within the woods of Dorchester County. While driving through the town, you may get stopped by one of the many trains that passes through, but luckily, your kids will enjoy watching it “toot” by.Although technically not located in Ridgeville, we suggest sta...

If you’re seeking a day trip from Charleston – a Lowcountry retreat that may seem far away from it all, but is really only a short 35-mile drive – consider the town of Ridgeville, SC.

It has a small town feel and friendly charm, enveloped within the woods of Dorchester County. While driving through the town, you may get stopped by one of the many trains that passes through, but luckily, your kids will enjoy watching it “toot” by.

Although technically not located in Ridgeville, we suggest starting your day in nearby Cottageville at Bee City Petting Zoo to beat the heat and the crowds. Family owned and operated for over 30 years, Bee City is a famous local spot for exotic animal encounters. As the name implies, there is a honeybee farm as well, and they have a petting zoo and butterfly garden.

Some of the animals you’ll encounter (and have the opportunity to feed) at Bee City include wallabies, lemurs, alpacas, monkeys and goats. They also feature snakes, lizards, turtles, frogs and alligators. Before you go, be sure to stop by the gift shop to pick up a bottle of their delicious honey which is processed on site.

From Bee City, head to Givhan’s Ferry State Park for even more fun. The kids will love the playground, and if you fish, there’s a beautiful spot on the Edisto River where you’ll hopefully reel one in. After a little fishing, there’s even a 1.5 mile hiking trail called River Bluff Nature Trail that will take you up to a beautiful view of the Edisto.

Fun fact: The Edisto River is the longest free-flowing blackwater river in North America. You can paddle 23 miles to Colleton State Park, if you feel so inclined.

And no visit to Ridgeville is complete without a stop at Duke’s Bar-B-Que. This almost 40-year-old local favorite, feels more like a church BBQ or a family reunion, rather than a restaurant. The buffet style has plenty of options to choose from. Trust me…you won’t leave hungry! Keep in mind, Duke’s is only open Friday-Sunday.

There is so much to see and do in the tri-county area and exploring the north end in the town of Ridgeville will be a day filled with adventure that you won’t soon forget.

Area officials welcome Walmart distribution center to Ridgeville

The Ridgeville Walmart distribution center has officially opened.Though the center off Highway 78 began operations in January, state and local officials held an official ribbon-cutting ceremony for the more than $200 million development on April 22.It was a typical ceremony for a ribbon cutting in Ridgeville. But this is not the typical distribution center. What was once a rural swath of land off Highway 78, is now a sprawling industrial complex.It’s the size of 52 football fields, and state and local leaders had t...

The Ridgeville Walmart distribution center has officially opened.

Though the center off Highway 78 began operations in January, state and local officials held an official ribbon-cutting ceremony for the more than $200 million development on April 22.

It was a typical ceremony for a ribbon cutting in Ridgeville. But this is not the typical distribution center. What was once a rural swath of land off Highway 78, is now a sprawling industrial complex.

It’s the size of 52 football fields, and state and local leaders had to throw the deep ball to land it.

The regional distribution center will support 850 Walmart and Sam’s Club stores across South Carolina and the Southeast and is expected to increase local port volumes by approximately 5 percent. The economic impact is far reaching — that’s why when Walmart first started looking for a site, there were a lot of suitors.

“The discussions that led us here today started in Bentonville, Arkansas, in March of 2017, five years ago,” said Jim Newsome, president and CEO of South Carolina Ports Authority. “There was intense competition for this building. Every state wants be on Walmart’s radar screen for a number of reasons.”

There were several reasons Walmart picked Dorchester County. One was the proximity to the port, and another one is the state’s business friendly environment, which Gov. Henry McMaster mentions often at ribbon-cutting events. He also often talks up the state’s workforce, and the distribution center will be hiring a lot of the local workforce in some capacity.

So far the facility has hired over 1,000 locals and plans to bring on more in the coming months. Walmart is offering incentives as well, such as free training to get a commercial driver’s license (CDL) and tuition payments to further education.

State Representative Joe Jackson, who serves constituents in rural Berkeley and Dorchester counties, said for some of the new hires, it’s life changing.

“There shouldn’t be anyone without employment in this area,” he said at the event. “There was a time when Ridgeville and Harleyville were kind of left out of the picture. What Walmart has done, especially for this immediate community, is secure a livelihood for just about anybody who wants to work.”

The 3 million square foot facility is the anchor of Ridgeville’s Industrial Campus off of Highway 78. The future looks promising for those who want business coming to the rural area.

Dorchester County Council Chairman Bill Hern urged area residents and stakeholders to stay tuned.

“It’s really just the beginning. We’ve had tons of interest in our county for development projects, (so) this is really kind of just the start,” Hearn said. “We’re very excited and as we say, ‘It’s our time.’ … We have the opportunity, we have the infrastructure, we have a wonderful workforce, and it’s all come together at this point in time. ... We’re excited and a lot is coming.”

Statewide, Walmart employs 35,000 associates and operates 122 stores.

Walmart’s new Ridgeville distribution center brings over 1,000 jobs

RIDGEVILLE, S.C. (WCSC) - Walmart’s $220 million-dollar international distribution center in Ridgeville is now open for business.Officials from Dorchester County and Gov. Henry McMaster spoke at the grand opening on Friday.“This is just one more sign of our great prosperity that’s going to keep on going,” McMaster says. “This is one of the three largest such distribution centers in the world.”So far, Walmart has hired over 900 associates and they are looking to hire a total of 1,300 fu...

RIDGEVILLE, S.C. (WCSC) - Walmart’s $220 million-dollar international distribution center in Ridgeville is now open for business.

Officials from Dorchester County and Gov. Henry McMaster spoke at the grand opening on Friday.

“This is just one more sign of our great prosperity that’s going to keep on going,” McMaster says. “This is one of the three largest such distribution centers in the world.”

So far, Walmart has hired over 900 associates and they are looking to hire a total of 1,300 full-time employees. The Walmart distribution center is expected to increase the Port of Charleston’s volume by 5 percent, bringing them more jobs as well.

Jeffrey Holzbauer, General Manager of Imports with Walmart says this center will have a huge impact on Dorchester County. Not only for the number of jobs they are bringing but the pay rate as well.

Along with the distribution center, there are 122 retail stores in the state. In total, Walmart employs over 30,000 associates in South Carolina.

This will be the 5th distribution facility in the state, and its impact will reach farther than South Carolina. The center will supply 850 Walmart and Sam’s Club stores across the southeast.

Holzbauer says over the past few years keeping shelves in stores stocked has been an issue. The distribution center’s main purpose is to limit situations like that happening by making sure the right stores have the right products at the right time.

“Trailers come in from the port, folks then unload them,” Holzbauer says. “They go to a storage rack until a store is running low on inventory. Then we send associates to pick that product, take it to the ship dock, and put it in containers that’s destined for a regional distribution center.”

The town of Ridgeville was chosen for the distribution center for a few reasons. It’s strategically located relatively close to the port of Charleston. Holzbauer says there were a lot of qualified associates in the area, and there’s access to major transportation channels to get their products to their stores as fast as possible.

South Carolina Ports Authority President and CEO Jim Newsome says this building could be the tip of the iceberg for a county focused on business.

“We own this whole industrial campus, except we granted this to Walmart, so we’re working on other projects out here,” Newsome says. “I think there’s a number of distribution projects that can come here because of the location between I-26 and I-95.”

Copyright 2022 WCSC. All rights reserved.

Second phase of Camp Hall Commerce Park campus 4 construction begins in Ridgeville

RIDGEVILLE, S.C. (WCIV) — Phase two of construction of the Campus 4 in Camp Hall Commerce Park is underway.The second phase involves the construction of a 1,123,360-sq-ft industrial facility on 110.6 acres of land.“We’re proud of the progress we’ve made on Phase I of this project, and our team is excited to carry that momentum through to Phase II. Camp Hall is an expertly planned, best-in-class park, and we’re honored to be involved in the full development of Campus 4," said Keith Horton, seni...

RIDGEVILLE, S.C. (WCIV) — Phase two of construction of the Campus 4 in Camp Hall Commerce Park is underway.

The second phase involves the construction of a 1,123,360-sq-ft industrial facility on 110.6 acres of land.

“We’re proud of the progress we’ve made on Phase I of this project, and our team is excited to carry that momentum through to Phase II. Camp Hall is an expertly planned, best-in-class park, and we’re honored to be involved in the full development of Campus 4," said Keith Horton, senior project manager at Frampton Construction.

Read More: Clyburn: $25M in federal funding for new railway tracks to support Camp Hall Commerce Park

The Camp Hall project was designed and promoted by Santee Cooper in partnership with the South Carolina Department of Commerce, Berkeley County, Edisto and Berkeley Electric Cooperatives, the South Carolina Power Team, the Charleston Regional Development Alliance, and the South Carolina Ports Authority.

“The full development of Campus 4 at Camp Hall Commerce Park gives Portman Industrial a substantial land position with state-of-the-art logistics facilities in the highly constrained Charleston market. Campus 4 provides us with the ability to target a diversity of tenants desiring smaller, single-load facilities that have been the hallmark of Charleston’s tenant demand,” says John Gaskin. “Campus 4 also fills a void in immediate supply of cross-dock logistics facilities of +/- 500,000 square feet and +1,000,000 square feet, which are in short supply in Charleston and desired by present and future port customers.”

Frampton Construction Company, LLC. is leading the construction project.

Read More: McMaster touts new Volvo Car University, electric vehicle investment in Ridgeville

Phase one of the Campus 4 construction is still underway. It includes three industrial facilities with a combined 940,000-sq-ft. That phase is over 60% leased at this time.

Last June, nearly two dozen miles of new railway track were given federal funding to the tune of $25 million.

The money was slated for the South Carolina Department of Commerce's Palmetto Railways division to construct approximately 22.7 miles of new track and related facilities. This will connect the Camp Hall Commerce Park in Ridgeville to the CSX multi-state rail network.

7 charged after investigation into cockfighting, illegal gambling around Ridgeville

RIDGEVILLE, S.C. (WCIV) — Seven people have been arrested following an investigation into gamecock fighting and illegal gambling in and around Ridgeville.On Friday, authorities said the individuals were arrested on Wednesday after the investigation by a joint team of federal, state, and local law enforcement officers.Those arrested are facing a slew of charges following an indictment, with counts for some including animal fighting venture, illegal gambling operation, conspiracy to violate animal fighting venture, and fals...

RIDGEVILLE, S.C. (WCIV) — Seven people have been arrested following an investigation into gamecock fighting and illegal gambling in and around Ridgeville.

On Friday, authorities said the individuals were arrested on Wednesday after the investigation by a joint team of federal, state, and local law enforcement officers.

Those arrested are facing a slew of charges following an indictment, with counts for some including animal fighting venture, illegal gambling operation, conspiracy to violate animal fighting venture, and false statement to a federal law enforcement officer.

The individuals, and their respective charges, are listed below:

Officers have placed a legal hold on the property involved following the indictment. Authorities also seized cash and three vehicles that they said were used in connection with the operation.

The United States Department of Agriculture (USDA) Office of Inspector General, South Carolina Law Enforcement Division (SLED), and Dorchester County Sheriff’s Office worked together to investigate this incident. Assistant United States Attorney Chris Lietzow will prosecute the case.

Marty Irby, executive director of Animal Wellness Action, a nonprofit organization that works to prevent cruelty to animals through public policy, issued the following statement on the arrests:

We applaud the local, state, and federal authorities for taking action and arresting these suspects on cockfighting related charges and hope they will be prosecuted to the fullest extent of the law. Rep. Nancy Mace has been a tremendous leader on this issue and we applaud her continued work to crackdown against this egregious abuse as well.
Cockfighting runs rampant in South Carolina as we've seen in case after case over the past few years. This gruesome blood-sport is not only cruel but is a serious risk to both human and poultry health as fighting birds can easily spread Avian Influenza, a disease that has recently appeared in at least 35 states in the U.S. It’s time to stamp out this form of staged cruelty.

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