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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

Pushing The Envelope Of What Industrial Parks Can Be

According to Merriam-Webster, an industrial park is “an area of a town or city that is designed especially for factories or offices.” Many industrial parks are just that and nothing more. But a select number of industrial parks nationwide are now pushing the boundaries of what such a development has been or could be. Two top examples are Camp Hall near Charleston, S.C. and MidAmerica Industrial Park near Tulsa, Okla.Camp Hall, located in Ridgeville, S.C., northwest of Charleston, has carved out its distinctive standing thr...

According to Merriam-Webster, an industrial park is “an area of a town or city that is designed especially for factories or offices.” Many industrial parks are just that and nothing more. But a select number of industrial parks nationwide are now pushing the boundaries of what such a development has been or could be. Two top examples are Camp Hall near Charleston, S.C. and MidAmerica Industrial Park near Tulsa, Okla.

Camp Hall, located in Ridgeville, S.C., northwest of Charleston, has carved out its distinctive standing through its commitment to the environment and the protection of wildlife. Almost 40 percent (2,600) of the industrial park’s 6,800 acres has been set aside as preserved acreage.

Efforts to maintain a natural coastal South Carolina habitat have included restoring wildlife habitats for native species, as well as establishing a ‘pollinator pathway” traversed by birds, bees and butterflies. A wetlands restoration project is underway, with the goal of restoring approximately 480 acres of wetlands.

Among the corporate tenants of the master-planned park is Volvo, which chose Camp Hall as the site of its first-ever U.S. manufacturing plant.

Volvo employees and others who work in the park benefit from a people-focused workforce design, which among other perks gives them access to a more than 15-mile trail system through the park. Another amenity is Avian Commons, a Wi-Fi connected collection of small businesses that includes a convenience store, dry cleaner, bank, fitness center and fuel center. It will eventually incorporate an event lawn and playfield for gatherings and celebrations.

“Camp Hall is unique in that it puts just as much emphasis on the area’s natural beauty and nature as it does on infrastructure and amenities,” said Charleston Regional Development Alliance Director of Global Business Megan Anderson. “Prospective companies have been blown away at the quality of place they could potentially offer their future employees.”

Building workforce

In Pryor, Okla., 45 miles east of Tulsa, MidAmerica Industrial Park (MAIP) stands out for its evolution into what its chief executive officer calls “a multifaceted employment center.” Operating for almost six decades, MAIP encompasses 9,000 acres, is the largest industrial park in the Sooner State and one of the biggest in the U.S.

It’s not only home to 80 companies that include Google, Chevron, Siemens and other Fortune 500 firms, but also offers health care services and is now building housing within the park. A robust workforce development component trains future workers. MAIP has forged strategic alliances with on-site educational partners delivering relevant programs and services the park’s employers require.

As well, MAIP has unveiled a new MidAmerica Career Center, a kind of one-stop shop for career guidance. It also links employers to crucial job resources accessed from state, tribal and corporate agencies.

Staying invested

“In today’s economic development market, the evolution of an industrial park into a multi-faceted employment center is a cornerstone to inclusive growth in jobs and people,” said David Stewart, MAIP’s CEO. “We continue to evolve, not only to remain relevant, but also to surpass the competition and meet the ever-changing demands of industry . . . Without the generations of hard work behind us, we would not have the experience necessary to compete as a top-tier site location for mega employers.”

MidAmerica Industrial Park has reaped enormous success in luring international companies like DuPont, Canoo and others.

Noted Arthur Jackson, senior vice president of economic development at the Tulsa Regional Chamber: “Not only does its size and central location make it an ideal place for businesses, but MidAmerica continues to invest in infrastructure and workforce development, positioning the park for future growth.”

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.

Palmetto Fossil Excursions team uncovers rare walrus skull with tusks in Ridgeville

RIDGEVILLE — Lowcountry paleontologist Skye Basak credits recent torrential rains for her team’s discovery of a tusked walrus skull dating back roughly 2 million years.Basak and her staff at Palmetto Fossil Excursions found the basketball-sized skull buried about 25 feet below the surface in a part of Ridgeville that scientists believe to be an ancient barrier island. It will be donated to the College of Charleston’s Mace Brown...

RIDGEVILLE — Lowcountry paleontologist Skye Basak credits recent torrential rains for her team’s discovery of a tusked walrus skull dating back roughly 2 million years.

Basak and her staff at Palmetto Fossil Excursions found the basketball-sized skull buried about 25 feet below the surface in a part of Ridgeville that scientists believe to be an ancient barrier island. It will be donated to the College of Charleston’s Mace Brown Museum of Natural History.

Basak has uncovered several other fossils in the same area over time, but this one was special. When the team found it, Basak said she was “completely out of this world excited,” jumping with joy and “freaking out.”

“Of all the things that we could have possibly unearthed on this recovery mission this was by far the most sought-after speciman,” said Basak, co-owner of Palmetto Fossil Excursions, a charter paleontology service. “For me, it was the goal.”

Recent rainfall caused part of the skull and both of the tusks to separate. But all of the pieces were recovered and will be reconstructed.

It is rare to find complete walrus skulls with both tusks, and that’s one reason this particular fossil is special. It belongs to the extinct type Ontocetus.

There are about three or four partial-to-complete Ontocetus skulls known in the world, according to College of Charleston research associate and adjunct instructor Robert Boessenecker. He said there are 2½ skulls from the Netherlands and Belgium and a nice one from Japan.

The local skull is likely the only one in the United States of this genus, which ranged as far south as Florida and Morocco and northward to the Netherlands back in ancient times.

Researchers will likely conduct further research on the skull once it is turned over to the museum.

“Because it’s one of only a few skulls of this genus known worldwide, it might be a new species because it’s much younger, geologically speaking, than all the other specimens,” Boessenecker said.

South Carolina may not seem like the ideal environment for walruses. But the animals have only been glacial for 100,000 or 200,000 years, according to Boessenecker.

“We know it had a climatic tolerance, kind of like a modern monk seal, living in subtropical through at least temperate waters and possibly cold-temperate,” Boessenecker said.

The animal’s characteristics resembled sea lions but with curved tusks. Modern walrus tusks are straight.

Basak and the others from the excursion group have found several other fossils in the state belonging to extinct species. Earlier this year they uncovered a giant prehistoric whale flipper about 200 feet away from where the walrus skull was found.

“So many people that live here don’t even realize what’s beneath their feet,” Basak said. “It’s kind of a goal for me to revolutionize that, to bring it to the forefront for the people of South Carolina.”

Her company has donated several scientifically critical specimens to the Mace Brown Museum, including the whale flipper. Once the walrus skull is donated, Boessenecker said it will be catalogued and put on display.

Relocation of Dorchester Heritage Center to Ridgeville slowly begins

RIDGEVILLE — The relocation of the Dorchester Heritage Center is slowly beginning, following a ribbon-cutting ceremony for the REV Pavilion.The Leadership Dorchester class, hosted by the Greater Summerville/Dorchester County Chamber of Commerce, helped by raising $60,000 to build the first structure of the new center: the REV Pavilion, which opened to the public Oct. 22. It was named for the REV Federal Credit Union, one of the sponsors for the project.The leadership class requires each year’s participants to do a p...

RIDGEVILLE — The relocation of the Dorchester Heritage Center is slowly beginning, following a ribbon-cutting ceremony for the REV Pavilion.

The Leadership Dorchester class, hosted by the Greater Summerville/Dorchester County Chamber of Commerce, helped by raising $60,000 to build the first structure of the new center: the REV Pavilion, which opened to the public Oct. 22. It was named for the REV Federal Credit Union, one of the sponsors for the project.

The leadership class requires each year’s participants to do a project that leaves a lasting impact on the county, said class member Rebecca Collett of Collett Media.

Collett said the class of 24 unanimously decided to help with the relocation and construction of the pavilion.

Justin Lee, a member of the class and executive director of operations at Gilbert & Lee Construction, said part of the reason the class chose the project was to feature nonprofits.

“We wanted to bridge the gap between western Dorchester County and the Greater Summerville area,” Lee said.

The leadership class had $7,000 left over from what it raised for the pavilion. It gave to the Heritage Center, which will honor the people in Dorchester County and help with historic grave preservation, Collett said.

“The center being located somewhat in the center of the county, I think it will gain lots of foot traffic since it’s in a very convenient place for everyone,” Lee said.

Lee anticipates breaking ground around March, and hopes to finish construction in the summer of 2024.

The Dorchester Heritage Center is a nonprofit that opened in 2014. Currently in the Dorchester County Courthouse in St. George, the center started small with just an archives genealogical library but grew to open a 4,000-square-foot museum in 2017.

Within 5½ weeks of the museum opening, over 3,000 people had visited. The center’s goal is to preserve the county’s history, said Phyllis Hughes, chairman of the Dorchester Heritage Center.

Over time, people began bringing in artifacts and all sorts of pictures, papers and rare books. After obtaining over 500,000 historical items, Hughes said they’ve outgrown the space, which led to a search for a new location.

They found and purchased an 81-acre site in Ridgeville, which is more convenient to the county as a whole and includes lots of space for new additions.

The new site will include a 20,000-square-foot center with indoor and outdoor event space, state-of-the-art archives, multipurpose conference rooms, a genealogy library, a museum and a green room, which will be used as a recording studio so “anyone can come in, sit down and tell their story.”

Outside of the heritage center, Hughes said there are other plans for the property. There will be walking trails, owl posts and birdhouses. The Boy Scouts will be involved with the wildlife aspect, with the opportunity to possibly monitor birdhouses on a monthly basis and earn merit badges, Hughes said.

“We want to become kind of a gateway to the county where people can come in and we can direct them to all the historic sites in our county,” Hughes said.

While waiting for the new facility to be built, the Dorchester Heritage Center will host classes throughout the county. On Nov. 17 at the community center in Ridgeville, it will kick off a new lecture series about the first Carolinians and will include the chiefs of the Edisto Natchez-Kusso and Wassamasaw Native American tribes as guest speakers.

Ridgeville farm offers an alternative to buying produce at the grocery store

RIDGEVILLE, S.C. (WCBD) – While inflation is impacting what you pay for food at the grocery store, a local farmer is making some changes to deal with economic realities.Hickory Bluff Berry Farms for years has offered a chance to pick your own strawberries. But you’ll soon have the chance to pick other produce in an effort to help you – and them – save money and time.Lowcountry farmer Michael Parker listed off many of the items grown at the farm in Ridgeville.“We grow strawberries, blueberrie...

RIDGEVILLE, S.C. (WCBD) – While inflation is impacting what you pay for food at the grocery store, a local farmer is making some changes to deal with economic realities.

Hickory Bluff Berry Farms for years has offered a chance to pick your own strawberries. But you’ll soon have the chance to pick other produce in an effort to help you – and them – save money and time.

Lowcountry farmer Michael Parker listed off many of the items grown at the farm in Ridgeville.

“We grow strawberries, blueberries, blackberries – we grow a large variety of produce. We do green zucchini, golden zucchini, Zephyr squash; we grow lots of tomatoes and okra,” he said.

Since opening in 2008, they had strawberries available for U-Pick; but because it has become harder and harder to find people to help harvest their produce, they decided to make a change.

“We’ve actually implemented something this year to try and help with that. With the cost of labor going up and the lack of labor being able to help us, we’ve had to adjust,” Parker explained.

They have a new business model moving forward.

“Most of the produce that we generally pick and sell to large distributors, we’re not picking now till you pick and that allows the everyday person to bring the kids out or come out and select what they want at a fraction of the cost at the store or even here at the stand.”

You can pick the produce, not including the berries, for just a flat rate of $1.50 per pound.

“I like all of our produce; it’s $1.50 a pound. People [can] dig their own potatoes, pick their squash, go pick their own cucumbers.”

Parker went on to say, “We’re trying to shave cost as much as we can. We’ve changed the way that we farm- we’re not spraying the toxic pesticides and chemicals and stuff as much anymore because it costs so much to get it.”

Parker said they are trying their best as farmers to feed as many people as they can at an affordable price.

The Hickory Bluff Berry Farms is open Monday through Saturday from 9 AM until 5 PM. They may open Friday nights from time to time.

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