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Dan Crance: Your Mortgage Man | 134 E Richardson Ave Summerville SC 29483

With 30 years in the industry

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

My name is Dan Crance – West Ashley’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 West Ashley, 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
Classic Home Mortgage Providing Trustworthy Mortgage Guidance for Over 30 Year
Classic Home Mortgage Providing Trustworthy Mortgage Guidance for Over 30 Year

Why Choose Dan Crance As Your Mortgage Lender in West Ashley, 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.

Why Choose Dan Crance As Your Mortgage Lender

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

Home Financing

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 West Ashley, SC.

Refinancing in
West Ashley, 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 West Ashley, 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:
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.

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 West Ashley, 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 West Ashley 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.

Trust Dan Crance

Your Mortgage Lender in West Ashley, 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 West Ashley loves Classic Home Mortgage.

After hours by appointment only. CONTACT DAN

Latest News in West Ashley

Charleston OKs first comprehensive plan in SC to base zoning rules off of flood risk

The city of Charleston has enacted a broad plan that discourages new development in flood-prone areas.City Council members voted unanimously Oct. 12 on final approval of the city’s new Comprehensive Plan. It is the first in South Carolina that not only limits new development in flood-prone areas but also encourages development in areas with higher elevation and less flood risk.Cities in South Carolina are required to adopt one every 10 years to use as a guide for decisions such as land purchases, development regulations a...

The city of Charleston has enacted a broad plan that discourages new development in flood-prone areas.

City Council members voted unanimously Oct. 12 on final approval of the city’s new Comprehensive Plan. It is the first in South Carolina that not only limits new development in flood-prone areas but also encourages development in areas with higher elevation and less flood risk.

Cities in South Carolina are required to adopt one every 10 years to use as a guide for decisions such as land purchases, development regulations and budget priorities. Although much of the plan is nonbinding, it does serve as a guide for the city to rewrite its land-use code.

“It’s fascinating to think we may be on the cutting edge of implementing this,” said Charleston Chief Resilience Officer Dale Morris.

Preliminary land-use maps included in the comprehensive plan serve as a guide for changes to the city’s zoning ordinance.

“Everything has in it this component of resiliency and a more comprehensive view of resiliency,” Planning Director Robert Summerfield said.

Zoning changes could help the city avoid costly home buyouts and expensive infrastructure improvements in the coming decades. The city already spent millions of dollars to buy flood-prone homes along Church Creek in West Ashley, and city officials don’t want to repeat those types of purchases.

“Let’s be proactive for these changes in climate that we see coming and stop putting the risk on the people who are just trying to find a place to live,” Morris said.

Neighborhoods have different suggested areas for dense development.

The plan also assesses Charleston’s affordable housing needs.

It found that the cost of living in the Charleston area is now more expensive than Atlanta; Charlotte and Asheville, N.C.; Virginia Beach and Richmond, Va.; and Jacksonville Fla., according to additional data presented in the city’s comprehensive plan. The only large metro area in the region that is more expensive is Washington, D.C

Over the past 20 years, public and nonprofit efforts have created or preserved an average of 94 affordable housing units per year, the plan states.

Summerfield said many Charleston residents could benefit from a greater variety of housing types.

“You’re not just looking at ultra low-income people potentially on public assistance. You’re looking at them up through the people who have good jobs but aren’t paid enough,” he said. “We’re talking firefighters, nurses and city employees.”

Based on population projections, the city will need about 16,000 new units at a range of affordable rates by 2030 to meet demand.

Also at the Oct. 12 meeting, council members approved the creation of a Municipal Improvement District for Johns Island.

The district, which will exist for 30 years, will require new developments to pay a new tax to the city for use on infrastructure projects in the area. It does not apply to existing developments.

Young apprentices get hands-on training

Nine of the newest staff members learning the ropes at MUSC Health are either still in high school or have just graduated.They’re part of a youth apprenticeship program facilitated by Trident Technical College that combines academics with paid hands-on learning, and director of nursing excellence Kara Simpson, DNP, R.N., has high hopes for their futures.“Our goal is to make sure these apprentices have such a wonderful experience that when they graduate high school, they stay with us as patient care techs while in co...

Nine of the newest staff members learning the ropes at MUSC Health are either still in high school or have just graduated.

They’re part of a youth apprenticeship program facilitated by Trident Technical College that combines academics with paid hands-on learning, and director of nursing excellence Kara Simpson, DNP, R.N., has high hopes for their futures.

“Our goal is to make sure these apprentices have such a wonderful experience that when they graduate high school, they stay with us as patient care techs while in college, and once they graduate nursing school, they stay at MUSC as R.N.s,” she said. “It's really a pipeline of talent for us and building that workforce of the future.”

The Charleston Regional Youth Apprentice program began in 2014 with just one pathway – industrial mechanics – and six employers. Today there are 18 pathways, ranging from culinary arts to cybersecurity, and more than 160 employer-partners.

The CNA/pre-nursing pathway, added in 2017, is one of the most competitive, said Ellen Kaufman, Trident Tech youth apprenticeship coordinator. Students commit to two years of apprenticeship. During this time, they’ll complete both the certified nursing assistant (CNA) and patient care technician (PCT) coursework at Trident Tech as well as required academic courses.

“It's a really great program, especially if you know you want to go into nursing. It gets you experience really early on, right off the bat." Shea Held apprentice

Back at the beginning of the year, Simpson decided how many apprentices the hospital could take on and sent that information to Trident Tech. At the same time, at West Ashley High School, senior Shea Held was working with her guidance counselor to gather materials for her application to the program.

Held said she’s always wanted to go into nursing, and she was eager for the experience that the apprenticeship program would provide.

“It's a really great program, especially if you know you want to go into nursing,” she said. “It gets you experience really early on, right off the bat, and you learn so much more in the hospital than you do in the PCT classes and the courses.”

Once Held’s application was selected for the next round, she went in for an interview at Trident Tech. The Trident Tech staff then sent all the videotaped student interviews to the participating hospitals in town.

At MUSC Health, Simpson, program coordinator Robin Smith and unit nursing managers scrutinized the video interviews and identified the students they wanted to hire. Their counterparts at other local hospitals were doing the same. The determination of which student ends up at which hospital comes down to a draft day, when the hospitals take turns selecting the students they want as apprentices.

Simpson is happy with how this year turned out.

“We got a really strong crew,” she said.

The students were assigned to various units, where they’ll remain for their two years. They are paid employees, but their managers schedule them around their school schedules. For Held, that means she currently works a 3:30-11 p.m. shift on Mondays and Fridays.

She’s assigned to a Digestive Disease Center floor in Ashley River Tower. Under the supervision of an experienced PCT, she’s taken a patient’s vital signs, helped people get up, prepared rooms, changed linens and emptied catheter and ostomy bags.

“She’s awesome,” said her preceptor, or trainer, Jaime Edwards. “She’s ambitious. She’s a good kid.”

In all of the pathways, the apprentices must put in 2,000 hours of work and have a core list of tasks they must complete to qualify for certification from the U.S. Department of Labor.

Held is eager to put her new classroom skills to work in the hospital. She’s also finding that there are some things that class can’t really prepare you for.

“They don’t prepare you for how patients are going to treat you. That is a big thing,” she said. “You don’t really come in contact with a lot of mean people, but there are some people who are having a rough day, and they don’t really prepare you for that. It’s just something you learn.”

Luckily, with her background working in the local food and beverage industry, Held has plenty of experience soothing unhappy customers.

“Most of them are scared,” she said. “They just want to know what’s going on.”

“I can see this program expanding. My goal would be to have an apprentice in every unit.” Kara Simpson, DNP, R.N. director of nursing excellence

Simpson said that type of on-the-ground training is helpful for young people deciding on a career.

“It’s a good eye-opener for the apprentices to get a feel for, ‘Do I really want to go to college for this when I get done with high school?” she said.

And it’s a great program for the hospital as it seeks to develop more pipelines into health care professions.

“I can see this program expanding,” Simpson said. “My goal would be to have an apprentice in every unit.”

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SC Ports CEO announces retirement plans at annual state of the port address

CHARLESTON, S.C. (WCIV) — South Carolina Ports CEO Jim Newsome Monday announced his retirement as CEO.During an annual "state of the port" address, Newsome said he would retire from his post in June of 2022 and continue to serve as an executive advisor to the port.“It has been my great honor to serve as CEO of South Carolina Ports,” Newsome said in a statement. “This past year has been one of my proudest as we have achieved major successes, including Walmart investing in a near-port import dist...

CHARLESTON, S.C. (WCIV) — South Carolina Ports CEO Jim Newsome Monday announced his retirement as CEO.

During an annual "state of the port" address, Newsome said he would retire from his post in June of 2022 and continue to serve as an executive advisor to the port.

“It has been my great honor to serve as CEO of South Carolina Ports,” Newsome said in a statement. “This past year has been one of my proudest as we have achieved major successes, including Walmart investing in a near-port import distribution center, our handling of record-breaking volumes during a global pandemic, and the opening of Leatherman Terminal, the first container terminal to open in the U.S. since 2009."

Newsome said he believes it is great people who make a great port and the maritime community and team at SC Ports is the best.

"It is truly a great sign of success to name a successor within your own team. Barbara Melvin will continue to build on our success, ensuring a very bright future for SC Ports and for South Carolina," Newsome said.

Current COO Barbara Melvin will succeed Newsome as CEO in July of 2022.

She will be the port's sixth leader and the first woman to lead a top 10 U.S. operating container port.

“Jim Newsome has truly made a significant and lasting impact on South Carolina’s economy and supply chain. He led a major turnaround effort of SC Ports when he joined in 2009, assuring SC Ports continues to flourish as a top 10 U.S. container port. Under his great leadership, we have seen significant growth at the port and at port-dependent businesses around the state,” SC Ports Board Chairman Bill Stern said in a statement.

According to SC Ports, Newsome has served as CEO since 2009.

“Barbara Melvin, who leads SC Ports’ operations team and has served at SC Ports for 24 years, will undoubtedly continue to build on the great success and growth at the port. It is not often that two impressive leaders work so well together over many years to achieve a shared vision. Their great partnership and visionary leadership sets SC Ports up for continued success," Stern continued.

Melvin said it is an honor to be chosen to lead SC Ports and congratulated Newsome on a job well done.

“Jim’s leadership has led us to success, and this inspires us, as we have so much more to accomplish together," she said in a statement.

Dumpster Dads Is Providing Dumpster Rental Services In Summerville, SC

Dumpster Dads is providing high-quality, reliable, and professional dumpster rental in Summerville SC.The company’s dump trailer and roll-off dumpster services can be used for all kinds of waste disposal jobs such as refrigerator disposal, garbage removal, mattress disposal, foreclosure cleanouts, construction waste removal, yard waste removal, trash removal, appliance removal, television disposal, television recycling, ...

Dumpster Dads is providing high-quality, reliable, and professional dumpster rental in Summerville SC.

The company’s dump trailer and roll-off dumpster services can be used for all kinds of waste disposal jobs such as refrigerator disposal, garbage removal, mattress disposal, foreclosure cleanouts, construction waste removal, yard waste removal, trash removal, appliance removal, television disposal, television recycling, furniture removal, e-waste disposal, hot tub disposal, and many more.

The company’s service area includes Charleston, North Charleston, West Ashley, Mt. Pleasant, James Island, Summerville, Sullivans Island, Isle Palms, Johns Island, and Goose Creek. It can also deliver to areas beyond its service radius at the customer’s request for a nominal fee.

The company’s 15 CY dump trailer is driveway friendly can be rented out for 7 days for $400. It is 14 feet long, 7 feet wide, and 4 feet high. The base price includes 2 tons of organic or inorganic waste material. The dumpster can only be rented for a maximum of 14 days after which it will be terminated and changed out. For any inorganic waste material over the 2 tons included in the base price, the company will charge an additional $75 per ton. For organic loads, it charges $30 per ton over the included 2 tons. The company also charges $20 for every day that the dumpster is rented out after the first week for both organic and inorganic loads.

The company’s 20 CY roll-off dumpster can be rented out for $425. It is 14 feet long, 8 feet wide, and 5.5 feet high. The base price includes 2 tons of organic or inorganic waste material. In case the dumpster is used for inorganic loads, it can be rented for a maximum of 30 days after which it will be terminated and changed out. For organic loads, the rental time is 7 days. For any inorganic waste material over the 2 tons included in the base price, the company will charge an additional $75 per ton. For organic loads, it charges $30 per ton over the included 2 tons. The company also charges $10 for every day the dumpster is rented out after the first week for organic loads and for inorganic loads the same amount is charged for every day it is rented out after the first 30 days.

The company’s 13 CY roll-off dumpster can be rented out for $350. It is 14 feet long, 8 feet wide, and 3.5 feet high. The base price includes 1 ton of organic or inorganic waste material. In case the dumpster is used for inorganic loads, it can be rented for a maximum of 30 days after which it will be terminated and changed out. For organic loads, the rental time is 7 days. For any inorganic waste material over the 1 ton included in the base price, the company will charge an additional $75 per ton. For organic loads, it charges $30 per ton over the included 1 ton. The company also charges $10 for every day the dumpster is rented out after the first week for organic loads and for inorganic loads the same amount is charged for every day it is rented out after the first 30 days.

The 15 CY dump trailer, 20 CY roll-off dumpster, and 13 CY roll-off dumpster do not accept fill dirt or concrete waste. In case the customer opts for organic pricing, the contents of the trailer are required to be 100% organic and any nonorganic fines issued at the dump will be the customer’s responsibility.

A testimonial highlighted on the company’s website says, “Dumpster Dad’s are the most responsive construction dumpster company in Charleston. I’ve had all of the big-name companies providing dumpsters in the past at twice, if not three times more expensive. Dumpster Dads are definitely a great find.”

Customers searching online for “dumpster rental near me” in Summerville, SC, can contact the company at the phone number (843) 433-2189 for all bookings and business inquiries.

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For more information about Dumpster Dads, contact the company here:

Dumpster Dads Michael Spitz (843) 433-2189 dads@thedumpsterdads.com 2579 Oscar Johnson Dr, Suite D North Charleston, SC 29405

Red Cross: Blood supply remains at lowest post-summer level in 6 years

CHARLESTON, S.C. (WCIV) — There continues to be a critical need for blood and platelet donations as fall continues.On Monday, the American Red Cross shared that the blood supply has been at its lowest post-summer level since 2015, causing the organization to enter its third week of an emergency blood and platelet shortage."Fall is typically a time when the blood supply rebounds from summer blood shortages, but a surge in COVID-19 cases across the U.S. due to the delta variant has contributed to the lowest donor turno...

CHARLESTON, S.C. (WCIV) — There continues to be a critical need for blood and platelet donations as fall continues.

On Monday, the American Red Cross shared that the blood supply has been at its lowest post-summer level since 2015, causing the organization to enter its third week of an emergency blood and platelet shortage.

"Fall is typically a time when the blood supply rebounds from summer blood shortages, but a surge in COVID-19 cases across the U.S. due to the delta variant has contributed to the lowest donor turnout of the year. To shore up inventory, the Red Cross must collect 10,000 additional blood products each week this month to meet hospital and patient needs," a press release explained.

In recent weeks, the Red Cross has had less than a day's supply of certain blood types, and donors are urgently needed to replenish these vital resources.

While supplies last, those who donate in October will be emailed a link to claim a free Zaxby’s Signature Sandwich reward or will be given a $5 e-gift card to a merchant of their choice. Additionally, those who donate from Oct. 11-31 will receive a bonus $5 e-gift card to a shop of their choosing.

ABC News 4 is hosting a blood drive on Thursday, Oct. 14th. The drive will be open from 8 a.m. to 8 p.m. at the Northwoods Mall and from 11 a.m. to 7 p.m. at the Citadel Mall.

Other blood donation opportunities around the Lowcountry are listed below:

Berkeley County

Charleston

Cross

Goose Creek

Moncks Corner

_______________

Charleston County

Kiawah Island

Mount Pleasant

North Charleston

_______________

Colleton County

Edisto Island

_______________

Dorchester County

North Charleston

Summerville

To learn more about giving blood through the American Red Cross, click here.

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