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

My name is Dan Crance - St. Andrews'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 St. Andrews, 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 St. Andrews, SC
 Refinance St. Andrews, SC

Why Choose Dan Crance As Your Mortgage Lender in St. Andrews, 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 St. Andrews, SC

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

 FHA Mortgages St. Andrews, 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 St. Andrews, SC.

Refinancing in
St. Andrews, 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 St. Andrews, 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 St. Andrews, 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 St. Andrews, 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 St. Andrews, 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 St. Andrews 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 St. Andrews, SC

Trust Dan Crance

Your Mortgage Lender in St. Andrews, 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 St. Andrews loves Classic Home Mortgage.

After hours by appointment only. CONTACT DAN

Latest News in St. Andrews, SC

Ojiako Scores 20 Points in Win Over St. Andrews

Conway, S.C. – John Ojiako tallied a season-high 20 points to lead six players in double figures as Coastal Carolina registered a 110-46 win over outmatched St. Andrews University in a non-conference game Monday night at the HTC Center.Ojiako, the Chants' 6'10" graduate, enjoyed a height advantage, and made the most of it. He had si...

Conway, S.C. – John Ojiako tallied a season-high 20 points to lead six players in double figures as Coastal Carolina registered a 110-46 win over outmatched St. Andrews University in a non-conference game Monday night at the HTC Center.

Ojiako, the Chants' 6'10" graduate, enjoyed a height advantage, and made the most of it. He had six dunks on the night and collected his fourth consecutive double-double, as the big man from Nigeria also had 12 rebounds. Jacob Meyer added 19 points and Kylan Blackmon had 15, while Ian Granja, Jimmy Nichols and Miroslav Stafl came off the bench to get 12, 11 and 10 points, respectively.

Other reserves also got a chance to shine, as 6'11" freshman Braeden MacVicar and junior guard Joey Kahn got their first points of the season. MacVicar had nine points and three blocked shots, while Kahn had six points, a steal and an assist.

Coastal trailed only momentarily in the early-going before pulling away to a 66-point cushion in the final minute, at 110-44 to run their record to 3-5.

"This is a wonderful gift," said Coastal head coach Cliff Ellis on the eve of his birthday. "I'm proud of our team. They took care of business and never looked back. We got to play the last 13 minutes with our reserves, and I told them, 'This is your opportunity to shine.' "I think it will be January before this team peaks, but you can see there is talent there.

And shine they did!

The outcome was only in doubt for four minutes, when St. Andrews held an 11-8 lead. From there, however, Coastal unleashed a scoring barrage that took the strength out of the Knights' armor. Ojiako led a 23-1 onslaught over the next seven minutes, giving CCU an insurmountable 31-12 advantage with still eight minutes left in the first half.

Nichols punctuated an 8-0 run near the end of the first half, giving Coastal a 52-23 lead at the break. When the dust settled on the first stanza, Ojiako already had 14 points and 10 rebounds, with five dunks. Meyer took the outside route to get his 14 points in the half, hitting 4-of-8 three-point attempts. Blackmon added 10 points, with a couple of buckets from long range.

Coastal stays at home to host Wofford at 2 p.m. ET Saturday, and then has home contest against North Carolina A&T and Troy before the end of the calendar year. The Chanticleers will play NC A&T at 7 p.m. ET Dec. 21 and Troy at 2 p.m. ET on Dec. 30.

For complete coverage of CCU men's basketball, follow the Chants on social media @CoastalMBB (Twitter), facebook.com/CCUChanticleers (Facebook), @GoCCUSports (Instagram) or visit the official home of Coastal Carolina Athletics at goccusports.com.

St. Andrew's principal selected to participate in educators leadership collaborative

Stephen Thomas, the principal of St. Andrew's School of Math and Science in the Charleston County School District, has been selected to participate in Curriculum Associates' Extraordinary Educators Leadership Collaborative. (KEH Communications)CHARLESTON COUNTY, S.C. (WCIV) — Stephen Thomas, the principal of St. Andrew's School of Math and Science in the Charleston County School District (CCSD), has been selected to participate in Curriculum Associates' Extraordinary Educators Leadership Collaborative.According to a press...

Stephen Thomas, the principal of St. Andrew's School of Math and Science in the Charleston County School District, has been selected to participate in Curriculum Associates' Extraordinary Educators Leadership Collaborative. (KEH Communications)

CHARLESTON COUNTY, S.C. (WCIV) — Stephen Thomas, the principal of St. Andrew's School of Math and Science in the Charleston County School District (CCSD), has been selected to participate in Curriculum Associates' Extraordinary Educators Leadership Collaborative.

According to a press release, Thomas is among 16 principals nationwide and the only from South Carolina selected for the program.

Read more: CCSD announces new principals at Laurel Hill Primary, Montessori Community School

All of the principals participating been in their current role for three or less years, according to the press release. They additionally have experience using i-Ready and / or Ready for two or more years, lead staff who illustrate growth and achievement via formal assessments, demonstrate schoolwide innovation and engagement practices for students, are evangelists for high standards and student achievement, champion equity, and are eager to grow as leaders.

Throughout the year, the class of principals will participate in a flipped classroom design, where they will learn, meet, and collaborate virtually in small groups around important leadership topics. This includes discussions around building school culture, using data to accelerate student learning, forming learning partnerships, cultivating joy and connection, engaging in self-care, building community, celebrating teacher, and student success, and more.

The press release says the principals in the collaborative will also be invited to participate and present at the Extraordinary Educators Leadership Summit as well as other professional learning events.

Read more: Stephanie Mitchell named new principal for Matilda F. Dunston Elementary School

"A major focus of the Extraordinary Educators Leadership Collaborative is giving leaders time and space for connecting as well as collaborating with each other on the importance of building positive school cultures," said Danielle Sullivan, national director of content and implementation at Curriculum Associates, in a statement.

"We look forward to working with this stellar group of highly motivated and highly passionate educators as they progress in their profession and learn new ways to further serve their school communities," she continued in her statement. "And we look forward to celebrating their successes along the way."

Some of busiest intersections in Columbia area will be closed. Here’s when & for how long

Intersections for two of the busier roads in the Columbia area will temporarily be closed as CSX makes repairs to railroad crossings, officials said.The train track maintenance began Monday, according to Lexington County officials. And next week, the closures are scheduled to affect the ...

Intersections for two of the busier roads in the Columbia area will temporarily be closed as CSX makes repairs to railroad crossings, officials said.

The train track maintenance began Monday, according to Lexington County officials. And next week, the closures are scheduled to affect the Harbison Boulevard and Lake Murray Boulevard intersections with St. Andrews Road, where there are railroad crossings.

Work on the railroad crossing at the Harbison Boulevard intersection will begin Feb. 5, and proceed to the Lake Murray Boulevard crossing the following day, a Southern Commercial Development official said.

The closures are expected to last at least three days, and could take up to five days before the roads are reopened at the crossings.

The Harbison Boulevard/St. Andrews Road intersection is in Columbia, while less than 2 miles away the Lake Murray Boulevard/St. Andrews Road intersection is in Irmo.

Harbison Boulevard is a popular shopping district in Columbia, densely packed with retail stores and restaurants. Sandwiched between Harbison Boulevard and Lake Murray Boulevard, where there are also many businesses and restaurants, is Columbiana Centre, one of the largest and most popular shopping malls in the Midlands.

More than 17,000 cars per day travel down Harbison Boulevard, while about 26,000 will drive on Lake Murray Boulevard, near the intersections with St. Andrews Road, according to South Carolina Department of Transportation traffic data.

CSX is making the repairs to railroad tracks in Lexington, Richland and Newberry counties, officials said. Several other intersections have already been closed, or will be blocked as work begins on the train tracks.

For the railroad crossings that are one-way in/out with residents behind them, CSX will work to have the repairs completed in 12 hours, Lexington County officials said.

All maintenance and repairs are expected to be finished by March 8, according to Lexington County officials.

To complete these repairs, a total closure of the railroad crossings is required, officials said. A total closure means that no traffic will be allowed to cross the track until the work is complete, while signs and detours will be implemented to reroute traffic around the closures.

All work dates are subject to change, and drivers should anticipate extended travel times and delays.

“Please avoid the closure areas if at all possible,” Lexington County officials said.

In a breaking news situation, facts can be unclear and the situation may still be developing. The State is trying to get important information to the public as quickly and accurately as possible. This story will be updated as more information becomes available, and some information in this story may change as the facts become clearer. Refresh this page later for more updated information.

Popular Midlands bakery Blue Flour is closing after 17 years. Here are the final days

For nearly two decades, Midlands residents have delighted in the cookies, biscuits and other treats that have come out of the ovens at Blue Flour Bakery in Irmo.But soon those ovens will be turned off for the final time.Blue Flour owner Teri Pringle recently announced she will close the bakery, located at 7703 St. Andrews Road in Irmo, after 17 years in business. It will be open two days next week for its finale, from 11 a.m. to 1 p.m. Thursday, May 11 and Friday, May 12.Pringle said customers can begin making online coo...

For nearly two decades, Midlands residents have delighted in the cookies, biscuits and other treats that have come out of the ovens at Blue Flour Bakery in Irmo.

But soon those ovens will be turned off for the final time.

Blue Flour owner Teri Pringle recently announced she will close the bakery, located at 7703 St. Andrews Road in Irmo, after 17 years in business. It will be open two days next week for its finale, from 11 a.m. to 1 p.m. Thursday, May 11 and Friday, May 12.

Pringle said customers can begin making online cookie pre-orders for those final days at 6 p.m. Friday, May 5, at blueflour.com. There also will be a limited amount of cookies available for walk-in customers on May 11 and May 12, and they will be sold on a first come, first served basis.

While Blue Flour has made its mark on the Midlands culinary scene for the better part of two decades, Pringle said the time was simply right to retire the Irmo bakery.

“I just want to spend more time with friends and family,” she told The State. “I’ve got two girls in grad school, so this gives me more time to go travel and visit with them.”

Aside from the Irmo shop, there also once was a Blue Flour location on Main Street in Columbia. It was open from 2016 until fall 2020.

Before going into the bakery business, Pringle had a career in the hotel and hospitality industry. She worked for the Marriott corporation and the Hilton corporation, working in roles in catering and as a director of sales. She was later able to meld those business capabilities with her personal love of baking.

“I had a lot of background in marketing, branding and food and beverage,” she said. “Baking, I just did it for fun. It wasn’t something I went to school for. But, it seemed to all work out.”

Anyone who has ever had one of Blue Flour’s sweet, decadent cookies can confirm it did, indeed, work out. The cookies are, frankly, massive, with Pringle confirming that some of the cookies weighed in at nearly a half-pound each.

Customer loyalty has been a key to Blue Flour’s popularity through the years, Pringle said. She has seen generations of folks come through the Irmo shop’s doors.

“They are the ones who have made us successful,” Pringle said. “For all those years, the same people kept coming in. We have seen people who have been pregnant and their families come in and now their kids are 10, 12, 15. It’s like ‘Oh, my goodness.’ I think that’s the hardest thing to leave. It’s the customers that come in daily. It’s not so much that I’ll miss the actual baking part. It’s the seeing our customers every day.”

While it is exiting the Midlands scene, the Blue Flour name will live on in another part of the country. Pringle’s brother, Brian Florczyk, plans to use the name and offer baked goods at farmers’ markets in the Syracuse, New York, area.

Pringle admits there is a mix of feelings as she prepares to close the doors at Blue Flour.

“It’s always hard to close something you worked so hard to create,” Pringle said. “That’s the hard part of it. That, and missing the customers. But the great part, that I’m super excited about, is to enjoy some time doing what I’d like to do. As a bakery, we are working the holidays, we are working seven days a week. So it will be nice to wind down, do some projects at home. So, it’s like the whole bittersweet thing.”

28 Upstate churches set to leave United Methodist Church

GREENVILLE, S.C. (FOX Carolina/AP) - 28 Upstate churches are set to leave the denomination at the end of June after their separation from the United Methodist Church (UMC) was approved over disputes about LGBTQ+ issues.The Upstate locations are among a total of 113 across South Carolina whose members voted to separate from UMC’s 2023 South Carolina Annual Conference, which “overwhelmingly approved the closure” of the churches, according to a ...

GREENVILLE, S.C. (FOX Carolina/AP) - 28 Upstate churches are set to leave the denomination at the end of June after their separation from the United Methodist Church (UMC) was approved over disputes about LGBTQ+ issues.

The Upstate locations are among a total of 113 across South Carolina whose members voted to separate from UMC’s 2023 South Carolina Annual Conference, which “overwhelmingly approved the closure” of the churches, according to a news release from the conference.

Conservative leaders within the United Methodist Church unveiled plans Monday to form a new denomination, the Global Methodist Church, with a doctrine that does not recognize same-sex marriage.

These churches, having completed the Local Church Discernment Process, determined that they can no longer function as a United Methodist church because they firmly believe that the denomination has not consistently upheld its stated doctrine on issues of human sexuality. The UMC Book of Discipline prohibits performing same-gender weddings and the ordination of “self-avowed practicing homosexuals.”

The move could hasten the long-expected breakup of the UMC over differing approaches to LGBTQ inclusion. For now, the UMC is the largest mainline Protestant church in the U.S. and second only to the Southern Baptist Convention, an evangelical denomination, among all U.S. Protestant churches.

“We pray for these churches that have chosen a different journey,” Bishop L. Jonathan Holston said after the vote. “May we also acknowledge that that which binds us will never leave us. In the midst of our separation, may we show each other the grace and love that you demonstrated through your sacrifice on the cross and your resurrection from the grave.”

Here’s a list of all the SC churches set to close effective June 30, 2023:

Anderson District

Charleston District

Columbia District

Florence District

Greenville District

Greenwood District

Hartsville District

Marion District

Orangeburg District

Rock Hill District

Spartanburg District

Walterboro District

MORE NEWS: Officials explain ‘loud boom’ heard in part of Upstate

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