Many of your bills likely allow you to pay online and some will even have an option for automatic payments, with the money coming out of your account each month without you having to lift a finger or send a check in the mail.

Automatic vs. Manual Bill Pay

The increase of technology in our society is not only seeping into our media and personal tech, but also into our finances. Many of your bills likely allow you to pay online and some will even have an option for automatic payments, ...
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 ...

Check Out Our New Online Application!

A better way to apply for a mortgage is here with Colonial’s new, state-of-the-art online application – powered by Roostify. Our new online application allows customers the ability to apply for a home loan from anywhere with ...
Brother and sister with beach ball running on driveway

Benefits of Owning a Vacation or Investment Property

If you are considering purchasing a vacation home for your friends and family to enjoy, or an investment property for potential income, we’re here to help. At Colonial, we offer vacation and investment property financing at ...
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 ...
What is this important score and how is it determined? Learning this will help you take steps to raising your score over time.

How Is Your Credit Score Determined?

When it comes to buying a house, purchasing a new vehicle or applying for a credit card, your credit score is bound to come into play. As an influential factor in a financial institute’s decision whether to loan you money or ...
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 ...

Five Ways to Use a Cash Out Refinance

Are you looking for a way to finance home renovations, pay down high-interest credit cards or finally purchase that something special you’ve had your eye on? A cash-out refinance or home equity loan may be exactly what you’re ...
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 ...