With 30 years in the industry

Mortgage Broker in West Columbia, 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 Columbia, 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 Columbia'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 Columbia, 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 West Columbia, SC
 Refinance West Columbia, SC

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

Ask Dan Anything843-478-5612
 Conventional Mortgage West Columbia, SC

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

 FHA Mortgages West Columbia, 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.
Ask Dan Anything843-478-5612

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 Columbia, SC.

Refinancing in
West Columbia, 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 Columbia, 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 West Columbia, 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 West Columbia, 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 West Columbia, 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 Columbia 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 West Columbia, SC

Trust Dan Crance

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

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Latest News in West Columbia, SC

Cayce-West Columbia Holiday Parade of Lights this Saturday

The Greater Cayce-West Columbia Chamber believes the holidays are the perfect time for a community-wide celebration, where everyone can shop, dine, and support local businesses, all while jingling their way through the season. That’s why they’re thrilled to spread some holiday cheer in West Columbia this weekend.Get ready for Parade Day from 12 p.m. to 4 p.m. Guests can skip the trip to the North Pole and head straight to the Cayce-West Columbia Chamber Office at 1006 12th St., which will be transformed i...

The Greater Cayce-West Columbia Chamber believes the holidays are the perfect time for a community-wide celebration, where everyone can shop, dine, and support local businesses, all while jingling their way through the season. That’s why they’re thrilled to spread some holiday cheer in West Columbia this weekend.

Get ready for Parade Day from 12 p.m. to 4 p.m. Guests can skip the trip to the North Pole and head straight to the Cayce-West Columbia Chamber Office at 1006 12th St., which will be transformed into a winter wonderland. Enjoy family-friendly fun, live music, activities, and much more.

Throughout the day, visitors can hop on the Holiday Parade Day Shuttle, which runs a loop around Cayce and West Columbia. The shuttle will make stops at local shops, restaurants, and businesses—making it easy to shop, dine, and sleigh the day away.

The highlight of the weekend is the spectacular Holiday Parade of Lights. Last year, more than 24,000 people gathered to watch the streets light up with thousands of twinkling lights, vibrant floats, and festive vehicles. The parade begins at 5:30 p.m., lighting up the night with holiday magic. This year’s Parade Grand Marshal will be Lexington County Council Lady Debbie Summers, who is retiring after two decades of dedicated service to the community.

The NOMA (North Main) Business Association and Peak Drift Brewing Company are proud to present the fifth annual Light Up NOMA & Cookie Crawl, sponsored by Chavis Painting, with expanded offerings throughout the day in the N. Main Street corridor.

In 2019, the NOMA Business Association launched the annual holiday event to celebrate the rich traditions of the season, as well as the diverse businesses and neighborhood culture on N. Main Street in the NOMA District. Light Up NOMA & Cookie Crawl honors the culture, beauty, and spirit of the N. Main Street community as the best place to be in Columbia during the holiday season.

This annual fundraiser has grown into a daylong community event along N. Main St. and Monticello Road. The day begins with breakfast with Santa Claus, followed by the Light Up NOMA Parade featuring Grand Marshal City of Columbia Councilwoman Tina Herbert. Participants can shop for gifts at the Holiday Market, explore the Neighborhood Holiday Showcase, and vote for the best-decorated wreath or tree. The event continues with the NOMA Cookie Crawl, where attendees can sample treats throughout the district, and concludes with the NOMA tree lighting. The entire schedule for the day and tickets for the event can be found here.

Breakfast with Santa

Kick off the morning with some festive cheer that includes breakfast, photos with Santa, holiday crafts, and an ugly sweater contest. Breakfast with Santa begins at 8 a.m. and ends around 10 a.m. in the cafeteria at Eau Claire High School, located at 4800 Monticello Road, Columbia. Tickets are $5 for kids and $10 for anyone older than 13.

Parade and Market

Feel the holiday spirit by taking in the Light Up NOMA Parade with Grand Marshal City Councilwoman Tina Herbert. The one-mile-long parade will feature marching bands, dance troupes, colorful floats, live music, and a special guest from the North Pole. The parade will start at 11 a.m. on Ridgeway St. at Monticello Road and conclude around 1 p.m. on Monticello Road at N. Main St.

You can do some last minute Christmas shopping at the Holiday Market, where attendees can discover unique gifts, taste delicious treats, and experience the warmth of the NOMA community. Santa Claus will also be on hand from 1 to 3 p.m. for free photos, live entertainment, and a fashion show featuring Ashley Stewart designs. The Holiday Market will open at 10 a.m. at Leroy Moss Multipurpose Center, 950 Jackson Ave., Columbia.

Cookie Crawl

The NOMA Cookie Crawl is $20 per cookie tin. This year, NOMA is offering VIP cookie tins for $35, which include a choice between a 4-pack of Peak Drift Brewing Co.’s seltzer or beer for guests who are at least 21 years old, a $10 gift card, and a one-hour free bowling lane pass to The Grand. There are only 250 tins available, and this event has sold out before. People must pick up their cookie tin between 2:30 and 4:30 p.m. at Peak Drift Brewing Company, located at 3452 N. Main St., at their back dock off Phillips St. However, attendees can continue the crawl at participating locations until 6 p.m. The event will culminate with the annual NOMA tree lighting at the Carolina Kernels parking lot.

NOMA encourages crawlers to park at Earlewood Park, located at 1113 Recreation Drive, after driving to the second stop at Got Milk from Peak Drift. Transportation will be provided by The COMET directly to many of the Cookie Crawl locations.

This year, there will be 12 cookie flavors featured on the crawl: red velvet, chocolate chip, cream cheese, ginger, butter ornaments, candy cane, banana pudding, peppermint bark, butter robot cookies, snowball, and lemon drop. The cookies on the NOMA Cookie Crawl may contain or be created in a location that contains the top nine allergens: milk, eggs, fish, shellfish, tree nuts, peanuts, wheat, soybeans, and corn.

“The NOMA district offers a wonderful opportunity for everyone to celebrate the holiday season,” said Sabrina Odom Edwards, executive director of the NOMA Business Association. “This year, we’ve expanded the NOMA Cookie Crawl into an all-day event with more activities to highlight the N. Main Street community and what it offers to Soda Citizens. We’re excited to host this family-friendly holiday event for the fifth year.”

Proceeds from the event support the NOMA Business District, helping fund year-round events and gatherings to promote the district and its merchants to the Columbia and Midlands community. Tickets for the crawl can be purchased here.

From the ashes: Maurice’s Piggie Park’s main location reopens after fire. What to know

On Friday afternoon, Paul Bessinger could be found doing what he has been doing for decades at 1600 Charleston Highway in West Columbia: cooking pork barbecue at Maurice’s Piggie Park.But this Friday was more monumental than many others. It was, in many ways, the opening overture in a comeback for the decades-old barbecue company.The main Maurice’s location in West Columbia has reopened just days after a raging, 3-alarm Oct. 26 fire ...

On Friday afternoon, Paul Bessinger could be found doing what he has been doing for decades at 1600 Charleston Highway in West Columbia: cooking pork barbecue at Maurice’s Piggie Park.

But this Friday was more monumental than many others. It was, in many ways, the opening overture in a comeback for the decades-old barbecue company.

The main Maurice’s location in West Columbia has reopened just days after a raging, 3-alarm Oct. 26 fire destroyed the company’s distribution center, food prep area and administrative offices. The blaze led to the temporary closure of Maurice’s eight locations across the Midlands, as owners grappled to begin the recovery from the incident.

The main West Columbia Maurice’s location quietly reopened on Thursday evening. When a pair of reporters from The State stopped by early on Friday afternoon, customers were enjoying meals in the dining room and cars were lined up at the drive-thru, with residents ordering ribs, Little Joe sandwiches and more.

Paul Bessinger, co-owner and pitmaster at Maurice’s, was posted up outside the restaurant Friday, tending to two large smokers. One of the smokers was salvaged from inside the portion of the complex that was ravaged by fire. Aqua Seal Roofing was able to use its crane to lift the smoker from its previous spot in the complex and set it down in the parking lot. The second smoker in use Friday was borrowed from Paul Bessinger’s cousin, Michael Bessinger, from Charleston.

Other Midlands Maurice’s locations were still listed on Google as temporarily closed as of Friday, but Paul Bessinger hinted at quiet reopenings of some of them with a “scaled back” menu. The Elmwood Avenue location in downtown Columbia, for instance, was open early Friday afternoon with limited offerings.

Paul, who is the son of late company founder Maurice Bessinger, noted the current temporary setup for cooking barbecue doesn’t come close to the scale of normal operations. But he said it’s a start.

“We are just trying to keep it open over here, to keep people happy and the customers here, and to do a little bit of business,” Paul said. “We are testing what we are doing and trying to see what the future is going to hold and how we are going to operate.”

The co-owner and pitmaster said the company is exploring the possibility of renting another space in the area to temporarily scale up cooking, but noted that “doesn’t happen overnight.”

Paul said he was at his new home at Lake Murray — it was his first night at the house— on Oct. 26 when he got word of the fire at the Maurice’s West Columbia complex.

“I came running back here,” he said. “Of course, I’m 45 minutes away, and I was breaking every speed limit to get back here and find out what was going on.”

Cody Bessinger is Paul’s son, and is the plant manager at Maurice’s facility in West Columbia. On Friday, as he watched over ribs cooking on a smoker, Cody said it was harrowing to see parts of the complex destroyed in the Oct. 26 blaze.

“It was a lot of years of hard work gone in an instant,” Cody said. “Your mind goes to how big of an uphill climb we are going to have to climb to get back into (a production facility) like that, to provide for eight locations.”

Cody said it was heartwarming to see customers coming back in West Columbia.

“We’ve got a big community following,” the plant manager said. “We’ve been here forever, and a lot of people have been eating here since they were children.”

As a reporter from The State was talking to Paul Bessinger near the temporary smoking station in the Maurice’s parking lot on Friday, a customer drove up and excitedly asked whether the restaurant was open. When informed that it was, the customer whipped his vehicle around and went to the drive-thru speaker to order.

The restaurant co-owner said he has appreciated customers’ enthusiasm about Maurice’s getting to a spot where they can reopen.

“The few days we were closed in [West Columbia], there were people walking up all day asking if we were open,” Paul said. “People were coming from all over.”

Paul asked for customers to be patient as Maurice’s in West Columbia begins to find its footing again, though he noted with a bit of a nervous laugh that he knows people might be a bit “high-strung” on Nov. 2 as Texas A&M comes to town to face South Carolina at Williams-Brice Stadium.

While long a popular brand, Maurice’s has a complicated legacy in the Midlands. Founder Maurice Bessinger once stocked white-supremacist literature and audiotapes at the restaurants, and flew the Confederate flag outside the eateries after the symbol was moved off the State House dome in 2000. However, his children have stripped those elements from the business, pushing to escape those lingering associations.

“As a family now, we don’t dabble any in politics, in a negative light,” Paul Bessinger told journalist Jordan Lawrence during a 2023 conversation. “We just try to serve the world’s best barbecue, and that’s all we try to do.”

This story was originally published November 1, 2024, 1:34 PM.

The State

Chris Trainor is a retail reporter for The State and has been working for newspapers in South Carolina for more than 20 years, including previous stops at the (Greenwood) Index-Journal and the (Columbia) Free Times. He is the winner of numerous South Carolina Press Association awards, including honors in column writing, government beat reporting, profile writing, food writing, business beat reporting, election coverage, social media and more.

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