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.
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.
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.
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).
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.
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.
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.
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.
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.
RIDGEVILLE, S.C. (WCIV) — The Ridgeville community gathered Sunday evening to reflect on and honor the memory of Lavel "Tyler" Davis Jr., a victim of a shooting on the University of Virginia campus.“Lavel was the type of person who wanted to reach back and bring everyone with him and it was that pay-it-forward mentality that I love the most," said Anitra Doctor, who grew up in Ridgeville with Davis.Read More: ...
RIDGEVILLE, S.C. (WCIV) — The Ridgeville community gathered Sunday evening to reflect on and honor the memory of Lavel "Tyler" Davis Jr., a victim of a shooting on the University of Virginia campus.
“Lavel was the type of person who wanted to reach back and bring everyone with him and it was that pay-it-forward mentality that I love the most," said Anitra Doctor, who grew up in Ridgeville with Davis.
Davis was known as a football star at the University of Virginia, but in his hometown he was more.
“Lavel had natural leadership ability from the time he was small, people naturally gravitated towards him and were drawn to him and that was something you didn’t see in people that age," said Calvin Lenning, a coach from Woodland High School.
Hundreds of people came out to Sunday's vigil to light a candle for Davis's love, peace, and faith.
Lavel 'Tyler' Davis Jr. remembered with candlelight vigil in Ridgeville Sunday. (WCIV)
“Lavel was a loving young man who loved everybody and I think that’s representative of everyone who came out tonight to celebrate his life, his love, his legacy, and his memory and we just want the world to know what we got to experience first hand," Doctor said.
As a football alum from Woodland High, coaches said he was an inspiration.
“The love he had for the game, the love he had for his teammates, his coaches, his community, is woven so deep in our program that these guys that were playing this year were feeding off of the love that he displayed," Lenning said.
Friends also shared their favorite memory of Davis.
“I just remember having to prepare myself for practices because I remember he was going to give it his all every day, whether it was scoring touchdowns or hitting me as hard as he could, I could see that playing with him by my side was the best feeling," said Mark Parsons, whose son was best friends of Davis.
Despite the time of sadness, the town of Ridgeville came together to heal.
“I think Lavel would say this is the Ridgeville that he experienced, this is the Ridgeville that he wanted the world to experience and I think that was evident today," Doctor said.
Construction on Interstate 26, widening it to three lanes each way in parts of Berkeley and Dorchester Counties will begin soon.RIDGEVILLE, S.C. (WCSC) - Construction on Interstate 26, widening it to three lanes each way in parts of Berkeley and Dorchester Counties will begin soon.State officials gathered Tuesday to announce the official start of construction on seven miles between Jedburg Road and SC-27. SCDOT says the stretch initially was set to cost $218 million. But thanks to the legislature approving $320 million in June,...
Construction on Interstate 26, widening it to three lanes each way in parts of Berkeley and Dorchester Counties will begin soon.
RIDGEVILLE, S.C. (WCSC) - Construction on Interstate 26, widening it to three lanes each way in parts of Berkeley and Dorchester Counties will begin soon.
State officials gathered Tuesday to announce the official start of construction on seven miles between Jedburg Road and SC-27. SCDOT says the stretch initially was set to cost $218 million. But thanks to the legislature approving $320 million in June, the project is being moved up an estimated six years.
Gov. Henry McMaster addressed the officials gathered saying South Carolina is booming in terms of business and tourism.
“In a nutshell, this is the product and the result of a vision, common sense, talent and determination by the people that are here today. That commerce is thriving in South Carolina and there really is no end in sight. We’re doing it right,” McMaster says.
SCDOT estimates more than 22 million vehicles use I-26 every year. That includes tourists, families, trucks and commuters. Rick Todd is the President & CEO of S.C. Trucking Association, a 90-year-old alliance of businesses. He calls I-26 the central nervous system of the State of South Carolina for tourism, commerce and commuters.
“Our transportation distribution and logistics sectors thrive on efficiency. Efficient use of time, equipment and fuel, all of which is very costly. So when this corridor opens up and spreads out, that velocity will become even greater. And that is the competitive advantage and the quality of life improvement that our leaders are investing in,” Todd says.
McMaster and others noted that as South Carolina grows as a hub for major business and manufacturing headquarters, the infrastructure needs to grow at the same rate. Sara Hazzard is the President & CEO of the S.C. Manufacturers Alliance. She says more than 5,000 call South Carolina home creating an estimated annual economic impact of more than $200 billion.
“As manufacturers continue to confront and tackle global supply chain disruptions, it is more important than ever that South Carolina to improve and modernize our state’s transportation infrastructure system which is critical to manufacturers’ success,” Hazzard says.
The stretch from mile marker 187 to mile marker 194 is all part of a nearly $2 billion investment widening from Charleston to Columbia. Bob Morgan is President & CEO of the S.C. Chamber of Commerce. He says South Carolina is the 10th fastest growing state in the country and projects like widening I-26 are an essential part of continuing to grow.
“This will help companies address the supply chain challenges that are so critical. It will help them get product to market faster. It will help all companies who enjoy the river of commerce here and elsewhere in our state.”
SCDOT awarded Banks Construction the bid for work. SCDOT Secretary of Transportation Christy Hall says the company is pledging that $13 million in work on this project will be done by small and minority-owned businesses with the majority of materials being sourced from South Carolina.
“All of that is homegrown and is amplifying the impact of a single road project. Think about that. The ramifications of what that investment does to our economy,” Hall says.
Hall says the state is looking forward to announcing more portions of the project next year.
Copyright 2022 WCSC. All rights reserved.
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.”
Source: Live 5
Copyright 2022 WCSC. All rights reserved.
RIDGEVILLE, S.C.--(BUSINESS WIRE)--This morning, Walmart associates and managers joined local residents and elected officials for the grand opening of Walmart’s highly ...
RIDGEVILLE, S.C.--(BUSINESS WIRE)--This morning, Walmart associates and managers joined local residents and elected officials for the grand opening of Walmart’s highly anticipated $220 million Import Distribution Center in Ridgeville, S.C. The event featured remarks from Governor Henry McMaster and Mike Gray, SVP Supply Chain Operations, Walmart; as well as a congratulatory video from John Furner, President and CEO, Walmart; and concluded with a ribbon cutting ceremony.
“Our team of more than 980 associates from Dorchester County and the surrounding communities are excited to officially open the doors to our new Import Distribution Center,” said Jeff Holzbauer, general manager, Import Distribution Center #8980, Walmart U.S. “South Carolina is home to some of the country’s most convenient and efficient modes of transportation, including the Port of Charleston and Interstates 26 and 95. Being a member of this community means having the advantage of the region’s existing infrastructure as well as a pool of experienced associates familiar with it. Cutting this ribbon today signifies our commitment to that community.”
“Walmart has been a long-time partner of South Carolina, and as years have passed, they have continued to double-down on their commitment to our people and reinvest in our state,” said Governor Henry McMaster. “Walmart hasn’t only created thousands of jobs in our state – it has become an integral part of the communities in which it operates. Today’s celebration is the result of our state working hard to be the ideal place to do business and a company recognizing the benefit of having our incredibly skilled workforce and premier ports system in its backyard.”
Business Friendly Location Featuring Deep-Water Access
Dorchester County was selected as an ideal location due to South Carolina’s business friendly environment as well as the proximity to the nearby deep-water Port of Charleston. The new Import Distribution Center will store and sort imported goods that arrive through the Port of Charleston– the country’s eighth-largest port—for delivery to 850 regional Walmart and Sam’s Club locations across the Southeast. Once fully operational, the facility is expected to increase local port volumes by approximately five percent.
“Walmart is the recognized leader in supply chain innovation and performance. Having this world-class company choose our market for their seventh import distribution center is the ultimate vote of confidence in SC Ports and in South Carolina, further solidifying SC Ports as a leader in retail distribution,” SC Ports CEO Jim Newsome said. “The strategic investments we have made in port infrastructure enable SC Ports to support global retailers’ supply chains. We are thrilled to partner with Walmart to further their growth and impact for years to come.”
“We know our customers count on us for a broad assortment, and this new import distribution center will give us expanded access to seaports, in turn allowing us to deliver a wide selection of merchandise from around the globe,” said Mike Gray, SVP Supply Chain Operations, Walmart. “We also strive to be a store of the community and are proud of how we’ve been able to leverage our investments in supply chain to create economic opportunity and jobs for the Dorchester County area.”
Facility Surpasses Initial Hiring Goal
During the grand opening event, Holzbauer shared that the new facility is well on its way of surpassing its initial hiring goal of 1,000. Working alongside the Department of Commerce, Walmart expects to soon employ more than 1,300 local full-time associates at the new facility.
“We are actively staffing Ridgeville with a team that will play an important role in serving our customers,” said Andrew Dale, Senior Director of US Supply Chain People, Walmart U.S. “Walmart is dedicated to the training and development of its associates. Each of the positions we’re currently hiring for in Ridgeville, brings with it a pathway of lifelong career opportunity that with Walmart’s scale has industry changing impact. Walmart is full of everyday people doing extraordinary things.”
Continued Investment in South Carolina Community
During the grand opening ceremony, Walmart celebrated its commitment to the community by proudly presenting $10,000 to Going Places, a local non-profit organization whose mission is to bring joy to kids-in-need through the gift of bicycles.
“Dorchester County is excited to welcome the Walmart Import Distribution Center to Ridgeville. We value Walmart as a partner in community and economic development and appreciate their investment in our area,” said Bill Hearn, Chairman, Dorchester County Council. “A project of this magnitude requires a great deal of coordination, and we thank all of our allies, including the South Carolina Ports Authority, who made this possible.”
The new Ridgeville facility is located at 1030 Timothy Creek Rd. The three million square-foot facility (equivalent in size to 52 football fields) will become Walmart’s first Import Distribution Center in the state of South Carolina to leverage the port.
Walmart Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere – in retail stores, online, and through their mobile devices. Each week, approximately 230 million customers and members visit approximately 10,500 stores and clubs under 46 banners in 24 countries and eCommerce websites. With fiscal year 2022 revenue of $573 billion, Walmart employs 2.3 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com, on Facebook at facebook.com/walmart and on Twitter at twitter.com/walmart.
About Walmart in South Carolina
Walmart Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online and through their mobile devices. In South Carolina we serve customers at 122 retail units and online through Walmart Online Grocery, Walmart.com and our family of brands. We are proud to employ more than 35,000 associates in South Carolina. Walmart supports local businesses, spending $1.6 billion with South Carolina suppliers in FYE 2021 and supporting more than 22,000 South Carolina supplier jobs. Walmart continues to be a leader in employment opportunity, sustainability, and corporate philanthropy. In FY21, Walmart and the Walmart Foundation contributed more than $15 million in cash and in-kind donations to local nonprofits in South Carolina. Additional information about Walmart can be found by visiting our corporate website and our Instagram, Facebook and Twitter channels.
Volvo Cars intends to fully electrify its three-year-old plant in Ridgeville, South Carolina, which currently makes the S60 model.Earlier this month, Volvo and Polestar announced that the Ridgeville plant will produce the upcoming all-electric Polestar 3 performance SUV, star...
Volvo Cars intends to fully electrify its three-year-old plant in Ridgeville, South Carolina, which currently makes the S60 model.
Earlier this month, Volvo and Polestar announced that the Ridgeville plant will produce the upcoming all-electric Polestar 3 performance SUV, starting in 2022. For Polestar, it's important to produce cars in the U.S., as the Polestar 2 produced in China is affected by a 27.5% tariff on China-made vehicles.
Volvo will invest an additional $118 million into the site and produce there also the upcoming new all-electric Volvo XC90, based on Volvo Car Group’s next-generation electric architecture, starting in 2022.
As we understand, both models will be based on the new Scalable Product Architecture (SPA2), which will be dedicated to BEVs, compared to the first SPA that was designed to handle ICE and PHEVs for 60- and 90-series cars.
Volvo Cars CEO Hakan Samuelsson said that the Ridgeville plant will be the first to make use of the new platform, and first to go 100% electric:
"...first company factory in the world building our all-new-generation all-electric cars — before Europe and before China. This factory will ... also be the only plant in the Volvo Group which only makes full-electric cars."
"We have developed a new technology, including an all-new architecture, which is all-electric. No compromises,"
This one statement immediately raises the question of what will happen to the S60 ICE/PHEVs then? The S60 has been produced since August 2018, but according to Automotive News' article, less than 26,500 were produced in 2020, which is a small part of the plant's capacity of 150,000 annually. We guess that S60 will be electrified as well, probably also with the SPA2 platform.
According to the article, Volvo is finalizing its supply agreements for BEVs and soon will chose a battery supplier for the Ridgeville plant.
A matter of speculation is that the plant will produce also the all-electric successor to the Volvo XC60 model that will be powered by Northvolt battery cells.
By 2030, Volvo will go 100% battery-electric anyway, so it's just a matter of time when plant after plant will get rid of ICE manufacturing lines.