Colonial offers a number of mortgage solutions, like low down payment or construction loans. An additional loan type homebuyers should consider is an adjustable rate mortgage.

Adjustable Rate Mortgages Basics

If you are currently looking to buy a home, chances are there are a number of amenities you are considering. You may prefer an open concept floorplan, or a large backyard to entertain guests. Maybe you’re in need of an extra-large ...
Word on the homebuyers’ street is that you need to put 20 percent down in order to be approved for a mortgage. Nowadays, however, that is not always the case.

Deciding on the Ideal Down Payment for Your Home

Word on the homebuyers’ street is that you need to put 20 percent down in order to be approved for a mortgage. Nowadays, however, that is not always the case. There are instances in which your down payment can be much less than ...
Learn about a few basic money-saving home features as well as Colonial’s Single Close Loan that will help save you time, money and effort when securing your home financing.

Money Saving Options When Building a Home

If you are considering building a custom home, you’ve probably realized there are hundreds of different features to choose from. Building materials, light fixtures, flooring, cabinets, appliances; the list goes on and on. One ...

Are You Eligible for a VA Home Loan?

Many military service people and Veterans are eligible for benefits through the Veterans Administration including special home loan options.  However, certain parameters are required by the VA including suitable credit, sufficient ...
For many Veterans and their families, the dream of homeownership may not be as difficult as they think. We’ve answered some of the most frequently asked questions about VA Loans.

VA Home Loans

In 1944, the GI Bill of Rights was passed to provide veterans with federally guaranteed home, farm, and business loans with no down payment. The Bill quickly transformed the economy and society to help billions of veterans achieve ...
Condos have become increasingly popular for homeowners who want to enjoy the benefits of homeownership while also enjoying a number of perks that a traditional home may not provide. Below, we have a few of the many advantages of “living the condo life.”

Advantages of Living the Condo Life

When purchasing a home, in addition to home itself, there is a laundry list of questions potential buyers ask themselves: What will my commute be like? Am I close to shopping and entertainment? What does my neighborhood have to ...
Female or male, single or married, if your dream is to buy a home in 2017, we can help.

Female and Single? This Could Be Your Year to Buy a Home

This article originally appeared on the Texas State Affordable Housing Corporation’s website as Female and Single? This Could Be Your Year to Buy a Home.  The number of single women buying homes is on the rise.  According ...
Don’t let a dated kitchen or a backyard that lacks personality sway you from owning your perfect home. Colonial’s Purchase Plus Loan allows customers to combine the financing for your new home with the financing needed to renovate the property.

Purchase + Improvement Loans

Shopping for a new home is an exciting time. Driving up to a home that you may soon call your own can be exhilarating. But what if you found a home that checks off just about everything on your list, but is just a few small renovations ...
In recent years, mistrust of the housing market and difficulty finding secure employment caused many young families and new college graduates to delay purchasing a first home.

Keep Young Buyers in Mind When Selling Your Home

In recent years, mistrust of the housing market and difficulty finding secure employment caused many young families and new college graduates to delay purchasing a first home. Now that the economy is recovering and the housing ...
When shopping for the best mortgage, knowing the facts will help consumers obtain the right deal for their particular situation.

Fixed-Rate Versus Adjustable-Rate Mortgages

When shopping for the best mortgage, knowing the facts will help consumers obtain the right deal for their particular situation. A great place to start is by gaining an understanding of the differences between a fixed-rate and ...