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 — As residents raise concerns over increased traffic and road damage in the area, state transportation officials are honing in on fixing some of the state’s most dangerous rural roads.The S.C. Department of Transportation is planning to improve the safety around a nine-mile portion of U.S. Highway 17A in Ridgeville.At a recent public meeting on Oct. 12, DOT officials walked residents through the road project planned along the highway between the Colleton County line and the Ashley River bridge in Dorchest...
RIDGEVILLE — As residents raise concerns over increased traffic and road damage in the area, state transportation officials are honing in on fixing some of the state’s most dangerous rural roads.
The S.C. Department of Transportation is planning to improve the safety around a nine-mile portion of U.S. Highway 17A in Ridgeville.
At a recent public meeting on Oct. 12, DOT officials walked residents through the road project planned along the highway between the Colleton County line and the Ashley River bridge in Dorchester County.
The goal is to reduce the frequency of run-off-the-road crashes along US-17A.
The project is a part of what the department is referring to as the Rural Roads Safety Program. It’s a 10-year initiative that was approved in 2017 and is funded yearly by the statewide gas tax. It receives $50 million a year in funding.
The program involves taking rural roads in the state with the highest frequency of fatal and severe injuries from run-off-the-road crashes and making them safer.
Nearly 60 percent of all fatal crashes in the state happen on rural roads, according to DOT. Around 30 percent of the crashes on rural roads happen on the 1,900 miles of highway selected for the Rural Roads Safety Program. SCDOT has over 41,000 miles in its road network.
“We selected the worst of the worst roads,” said Bryan Jones, a DOT project manager.
Between 2011 and 2015, Jones said there were 16 fatal or severe injury crashes along US-17A in Ridgeville.
This ranked it sixth out of the entire road safety program. In the last five years, Jones said those number of crashes has increased to 24.
“If the road was ranked today, it would be ranked number one,” he said.
Officials said they wanted the improvements to keep vehicles on the roads or allow them the opportunity to stop or get back on the road if they run off.
Some of the proposed improvements for US-17A include paving and widening shoulders, flattening roadside slopes, adding brighter and wider pavement markings and adding rumble stripes to the center and edge lines of the road.
In spaces where roadside slopes are too steep, guard rails will also be added. Overall, officials said residents can expect to see 10-foot shoulders added along the highway.
That includes four feet of paved shoulder and six feet of earth shoulder. Officials said they expect that to reduce the number of vehicles crashing off of the road.
“They can’t recover because the shoulders are too narrow,” said Tré Dugal, an employee with Ramey Kemp Associates, an engineering firm hired by DOT to handle the US-17A project.
When construction does kick off in the area, one of the first things officials said residents will notice is the cutting of trees. In most fatal accidents, drivers ran into stationary objects, Jones said.
DOT will accept comments on the project until Oct. 27. Residents can send comments via email to Jones at JonesBL@dot.state.sc.us or submit them through the projects website at scdotgis.online/US17ARRSP2.
James Hopkins is a lifelong resident of Ridgeville and member of Canaan United Methodist Church, located down the street from US-17A.
“It used to be a quiet little road, not anymore,” he said.
Because of the increased traffic from construction trucks and the growth in the area from new housing developments, Hopkins said, the safety improvements are long overdue.
There are a lot of areas where roadside slopes are too steep, so the guardrails will be welcomed, he said.
“I think it’s something good to have,” said Morris Green, another Canaan United Methodist member. “It’s good for the community.”
Residents said they also hope that eventually more street lights will be placed and some flood mitigation will be installed around the nearby Old Beech Hill Road.
The expected completion date for the current US-17A project is between late 2022 and spring 2023.
CHARLESTON, S.C. (WCSC) - The brand new Walmart Import Distribution Center will open soon in Ridgeville and you can learn more about employment opportunities at the massive facility on Working Wednesdays.The center is bringing more than 1000 local jobs to the area.“We’re probably gonna be more so looking into 1300-1500 jobs that we’ll be hiring to be able to support this facility and all the volume we’ll be pushing out of it, General Manager Jeff Holzbauer said.Imported goods will arrive through t...
CHARLESTON, S.C. (WCSC) - The brand new Walmart Import Distribution Center will open soon in Ridgeville and you can learn more about employment opportunities at the massive facility on Working Wednesdays.
The center is bringing more than 1000 local jobs to the area.
“We’re probably gonna be more so looking into 1300-1500 jobs that we’ll be hiring to be able to support this facility and all the volume we’ll be pushing out of it, General Manager Jeff Holzbauer said.
Imported goods will arrive through the South Carolina port, and will be stored and sorted at the Walmart Import Distribution Center for delivery to approximately 850 Walmart and Sam’s Clubs throughout South Carolina and other states in the southeast.
“So we will actually start receiving product Feb. 1 of next year, and start shipping product out April 5,” Holzbauer said.
The main focus now is filling positions for freight handlers. The job pays $18 - $19.35 per hour, depending on the shift. Click here to apply.
“The week of Oct. 11 we will start going after a large number of associates to be able to help us with that receiving of the product.”
Other positions include hourly leads, maintenance technicians, order fillers, unloader/processors, and environmental health and safety associates.
The 3-million-square-foot facility is the equivalent of 52 football fields. Dorchester County Economic Development officials say construction should wrap up by the end of the year. The first shipment of goods should arrive at the center by early February, and distribution is expected to start by early April.
Working Wednesdays is a weekly segment that focuses on employment opportunities. You will learn about companies around the Lowcountry, and the current and future positions they have available. The interview will live stream at 1p.m. on Live 5 Facebook, Live5News.com and Apple, Amazon Fire and Roku tv.
Ann McGill will talk with representatives from the companies to get in depth information about the types of services and products they provide, as well as training, benefits and other information to help you decide if it’s a company you might want to work for.
Once the livestream is finished, it will be shared right here at Live5News.com and on Live 5 Facebook.
If your business would like to share job information through this format, send an email to firstname.lastname@example.org and be sure to put ‘Working Wednesdays’ in the subject line.
Copyright 2021 WCSC. All rights reserved.
[Stay on top of transportation news: Get TTNews in your inbox.]Polestar, the electric vehicle maker backed by Volvo Car Group and actor Leonardo DiCaprio, agreed to go public through a merger with a blank-check company at a roughly $20 billion enterprise valuation.The automaker founded four years ago by Sweden’s Volvo and its Chinese owner Zhejiang Geely Holding Group Co. will combine with special purpose ...
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Polestar, the electric vehicle maker backed by Volvo Car Group and actor Leonardo DiCaprio, agreed to go public through a merger with a blank-check company at a roughly $20 billion enterprise valuation.
The automaker founded four years ago by Sweden’s Volvo and its Chinese owner Zhejiang Geely Holding Group Co. will combine with special purpose acquisition company Gores Guggenheim Inc., according to a statement. Roughly $1.05 billion of proceeds will help Polestar bring three new models to market within the next three years.
Unlike other auto upstarts that have debuted via SPAC deal, Polestar has models on the market and access to an established carmaker’s production network. The transaction with Gores Guggenheim is a coup for Volvo and Geely Chairman Eric Li, who set up the brand with an eye toward drawing external investors as EVs begin to take off. Polestar is betting it can better sustain its valuation than other companies that have gone public chasing the success of Tesla Inc.
Drivers want good health and education on emerging technologies. Paul Beavers of PCS Software and Dr. Bethany Dixon of Drivers Health Clinic share their insights. Hear a snippet above, and get the full program by going to RoadSigns.TTNews.com.
“This is not a startup that’s all alone out there,” Polestar CEO Thomas Ingenlath said in an interview. “Our speed of growth and our capability is linked to us having the access to the manufacturing footprint of the Volvo group.”
Volvo announced separately that it will invest as much as $600 million more in Polestar in connection with the Gores Guggenheim combination, giving it a close to 50% holding. Ingenlath declined to comment on how big a stake Geely’s Li and DiCaprio have in the company.
Polestar is targeting 29,000 vehicle sales this year and 290,000 deliveries for 2025, when it expects to make a roughly 9% margin on earnings before interest and taxes. It’s operating in 14 markets now and planning to be in 30 by the end of 2023.
The Gothenburg, Sweden-based company’s second vehicle and first all-electric car, the Polestar 2, started production in March at Geely’s factory in Luqiao, China. In June, the company announced that the Polestar 3, an SUV, will be built in Volvo’s lone U.S. assembly plant in Ridgeville, S.C. That model will start at about $75,000 and be followed by a coupe version that tops out around that price, Ingenlath said.
Polestar is working on a third model, a sedan called the Precept, at its U.K. research-and-development center.
Gores Guggenheim, led by Chairman Alec Gores and CEO Mark Stone, is sponsored by affiliates of Gores Group and Guggenheim Capital. It raised $800 million in a March initial public offering and expects to close the deal with Polestar in the first half of next year.
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Polestar, the high-performance electric carmaker that’s building its next vehicle at the Volvo Cars manufacturing campus in Ridgeville, is going public in a deal that values the company at about $20 billion.The Volvo spinoff, founded in 2017 by China’s Geely Holding Group, will be listed on the Nasdaq exchange under the ticker symbol PSNY during the first half of 2022.“This is not a startup that’s all alone out there,” Thomas Ingenlath, Polestar’s CEO, told Bloomberg. “Our speed of grow...
Polestar, the high-performance electric carmaker that’s building its next vehicle at the Volvo Cars manufacturing campus in Ridgeville, is going public in a deal that values the company at about $20 billion.
The Volvo spinoff, founded in 2017 by China’s Geely Holding Group, will be listed on the Nasdaq exchange under the ticker symbol PSNY during the first half of 2022.
“This is not a startup that’s all alone out there,” Thomas Ingenlath, Polestar’s CEO, told Bloomberg. “Our speed of growth and our capability is linked to us having the access to the manufacturing footprint of the Volvo group.”
Instead of going it alone in the stock market, Polestar will merge with Gores Guggenheim Inc. through a “special purpose acquisition company,” or SPAC.
Gores Guggenheim is a publicly traded shell business that’s been set up specifically to take another firm public. It’s different from an initial public offering — historically the most common way a company can offer shares to the masses — because the acquirer is already listed on a stock exchange, so the company wishing to go public doesn’t have to convince individual investors of its value.
The automaker will produce its new Polestar 3 SUV at the Volvo Cars plant off Interstate 26 in Berkeley County, where a $118 million upgrade to the production line is taking place to accommodate the vehicle.
Polestar hasn’t announced details of its new vehicle’s design except to say it will have a futuristic look with an emphasis on aerodynamic efficiency. It will be the brand’s first vehicle built in the U.S. — the other two models have been built in China — and it will seek to compete with the Jaguar I-Pace and Tesla’s Model X.
Polestar did not say how many cars it will build in South Carolina, but the first will roll off the production line in 2022. Polestar hopes to sell 29,000 automobiles this year and expects annual sales to top 225,000 units by 2025. The brand is sold in 13 markets now and Polestar expects to be available in 30 countries by the end of 2023.
The Polestar 3 will be the first electrified vehicle that Volvo will produce at its U.S. plant. The site will add Volvo’s next-generation XC90 SUV, to be available in both electric and hybrid versions, to a second production line in 2023.
The Polestar brand, which is headquartered in Sweden and counts actor Leonardo DiCaprio among its investors, raised $550 million from private groups in April. It will get about $1 billion from the deal with Gores Guggenheim, which is backed by billionaire Alec Gores and the investment bank Guggenheim Partners. Current investors in Polestar will see their shares rolled into the new public company.
There are currently about 1,500 employees working at the Volvo manufacturing plant in Ridgeville. If they want to step away for a quick lunch or run errands after work, most have to travel at least 20 minutes out for basic conveniences.Especially during a timed break, that commute adds up.But soon, workers’ will have food and retail options just down their street with the new Camp Hall Village Center, a master-planned ...
There are currently about 1,500 employees working at the Volvo manufacturing plant in Ridgeville. If they want to step away for a quick lunch or run errands after work, most have to travel at least 20 minutes out for basic conveniences.
Especially during a timed break, that commute adds up.
But soon, workers’ will have food and retail options just down their street with the new Camp Hall Village Center, a master-planned community located in the heart of the industrial commerce park and adjacent to the Volvo plant in Berkeley County.
In early August, developer Santee Cooper selected commercial real estate firm Lee & Associates to lead the sale of retail parcels at the village center. Lee & Associates will facilitate the request for proposal process to secure developers and tenants. While nothing is set in stone yet as they enter the final round of approvals, Lee & Associates have confirmed that multiple businesses have already expressed their interest.
“This is going to become a small industrial town, so we’ve approached this as, what do small industrial towns have, and what do they need from the standpoint of services?” Lee & Associates President Wade Allen said.
Those services will be made up of a collection of small businesses and conveniences meant to help connect the workforce to the needs of everyday life. Future plans for this complex include access to Wi-Fi, food options, a convenience store, health care, dry cleaning, gas and electric-vehicle charging, banking, a fitness center and fire station.
“We’ve done a lot of research, and we actually did a labor study with MAU (Workforce Solutions), and what came out of that were employees telling us that they want better work-life balance and amenities nearby,” said Nicole Aiello, a spokesperson for Santee Cooper. “We’re building all these things where employees can get together and have that time to recharge, and that can actually increase the retention for employment.”
Lee & Associates also sees this as an way to help retain and attract talent to the region.
“It’s an opportunity for us to actually provide something that will attract major users to Berkeley County and the state, and that’s why we were hired to do this because we fully understand that this is going to be an amenity for not just Volvo and their employees, but their suppliers and for a few other large users,” said Justin Ross, a broker with Lee & Associates. “The village center is going to be a gathering place – everything that you would want in a town or a city, you got it all in one spot.”
Of the total 6,800 acres of Camp Hall commerce park, about 100 acres will be allocated for the village center specifically. Construction is currently taking place, with plans to near completion in fourth quarter 2021.
For businesses considering moving into the area, possible incentives could include fee-in-lieu-of-taxes agreements through Berkeley County, as well as closing grants from Santee Cooper, Berkeley Electric and the S.C. Power Team. The Department of Commerce might provide incentives of their own as well, Aiello said.
Once the industry park is to capacity, businesses will be part of a community that is anticipated to bring 15,000 jobs, 4,000 of which are already committed.
“As you’ve seen already with Volvo Car USA, they have provided a number of new and high-paying jobs, they have new employees coming to the area on a regular basis, and all of that really is going to help spur the economy in the area,” Aiello said.
“So we believe with Camp Hall, as it builds out and more industries come, we’re going to see that trend intensify, so for a rural area in South Carolina to be able to get this type of industry and bring people in to not only work there, but spend money in their neighborhoods, is going to be a great asset to South Carolina and to the economy,” she said.
In addition to storefronts, restaurants and businesses, the overall design concept of the village center includes an emphasis on nature. Preserved land will make up 2,650 acres, while freshwater wetlands will take up 1,265 acres. Amenities will also include an event lawn and park, playfield and nature trails for exercise and gathering.
The village center is going to be an area where patrons can park and walk, Aiello said. The goal is to have a walkable community that highlights nature as it permeates the built industrial environment around it.
“What we’re doing here is pretty unique in that, I don’t think you’d think of industrial parks as having a gathering place and kind of a cool vibe,” Ross said. “I don’t think you see that anywhere else, so we’re making sure we get the right mix and selecting the right tenants to be successful in creating amenities for the employees and the surrounding community.”