Applying for Loans Online

In the information age, you can do everything from ordering groceries to pursuing a college degree from an accredited university online. Your money has moved online too, thanks to your financial institution’s secure websites ...

4 Ways to Pay Off Your Mortgage Quicker

Mortgage payments can be a major drain on your budget. Paying off the minimum amount each month can be helpful in the short term, but the extra interest and duration of the loan can make a significant dent in your long term spending ...

Looking for Down Payment Assistance? Colonial Can Help!

Buying a home can be one of the most exciting and rewarding times in a person’s life. Pride of ownership, the ability to make updates to the property and the benefit of building equity are just a few of the many benefits of ...
You have worked hard for decades and you are finally seeing the light at the end of the tunnel: your retirement.

When is the Right Time to Buy a Retirement Home?

You have worked hard for decades and you are finally seeing the light at the end of the tunnel: your retirement. Your plans do not call for you to stay in the same home, city or even region. You have plans to purchase a retirement ...
Making the leap from renting to purchasing a home is no small feat; it takes a great deal of confidence, a considerable amount of legwork and no shortage of capital.

Budgeting for Your First Home

Making the leap from renting to purchasing a home is no small feat; it takes a great deal of confidence, a considerable amount of legwork and no shortage of capital. If you have made the decision to purchase your first home, you ...
Even if the inside of a home is well-maintained, buyers will often pass up the chance to see it based on their impressions of the outside. In other words, curb appeal matters.

How to Improve Curb Appeal to Boost Your Selling Price

The rule about not judging a book by its cover is broken constantly, especially when it comes to the real estate market. Potential home buyers will rarely consider a home with a neglected lawn, chipped paint, broken windows and ...
If you are on the fence, the answers to the following questions can help you decide whether refinancing is a chance worth taking.

Three Questions to Ask before You Refinance Your Home

For many homeowners, there will come a time where the question is raised of whether it would be prudent to consider refinancing your mortgage. The benefits of refinancing can be great, particularly if you want to use potential ...
Allow this guide to help you understand what escrow is and the ways in which it comes into play during a home buying transaction.

What is Escrow and How Does it Work?

If you are in the process of buying a home, you will probably hear the term “escrow” multiple times throughout the transaction—both before and after the real estate settlement itself. But since the term is used to describe ...
Buying a home is typically the largest purchase that many Americans will make in their lifetimes—and most won’t own their home outright for 15 to 30 years, depending on their mortgage term.

What is a Home Equity Loan?

Buying a home is typically the largest purchase that many Americans will make in their lifetimes—and most won’t own their home outright for 15 to 30 years, depending on their mortgage term. As you pay off your mortgage month ...
If you are in the market for a new home or want to refinance your mortgage, you may want to consider applying for a loan insured by the Federal Housing Administration (FHA).

Do You Qualify for an FHA Loan?

If you are in the market for a new home or want to refinance your mortgage, you may want to consider applying for a loan insured by the Federal Housing Administration (FHA). “An FHA loan is a mortgage insured by the Federal ...