Planning for a Home Down Payment

Buying a home is a milestone worth celebrating, but it takes planning and preparation before signing the closing documents to ensure the purchase doesn’t become more of a burden than a blessing. Proper planning involves determining ...

VA Home Loans With Colonial

Each year on November 11, we celebrate the millions of men and women who proudly served our nation’s armed forces. It’s a day that means so much to our country as a whole and also holds a very special place in our hearts here ...

Colonial Savings, F.A. to Hold Free Financial Empowerment Webinar on July 28

Colonial Savings, F.A. will be holding a free, no-obligation Financial Empowerment Webinar on Tuesday, July 28, from 6:30 – 7:30 p.m. The webinar will cover a number of financial basics and aims to help those who may be struggling ...

An Update Regarding COVID-19

It’s been more than two months since the majority of the United States was shut down due to the COVID-19 pandemic. Thanks to social distancing and the use of protective masks, we are seeing what looks to be a return to normalcy ...

Low Rates Amid COVID-19

The Coronavirus (COVID-19) Pandemic has left no business or industry untouched. While Americans and the rest of the world attempt to adapt to a “new normal” by easing back to work and acclimating to the changes brought forth, ...

New Exclusive Financial Assistance Program Now Available with Colonial

One of the biggest challenges facing potential homebuyers in purchasing a home is saving for the down payment and closing costs. As rent and home prices increase, it can be difficult to save the money necessary for these expenses. ...

What is Escrow?

If you have ever shopped for a house, you have heard of the term “escrow” or the phrase “in escrow.” It’s usually used regarding real estate, but it is also applicable to other large purchases, especially when you want ...

Affected by a Recent Weather Event? We’re Here to Help

Thousands of our family, friends and neighbors have been affected by recent storms, and as a long-time mortgage servicer and insurance provider, we know that it can be challenging to figure out what comes next. Our communities ...

Making Your Home More Eco-Friendly with a Loan

Taking out a loan to improve your home might make you think of gutting your kitchen, updating your bathroom or even adding on an addition or finishing out the basement for more living space. These projects will certainly improve ...

Home Equity Line of Credit vs. Home Equity Loan

If you’re in need of funds for home repairs, renovations, or paying down high-interest debt, you may have considered a home equity loan or a home equity line of credit. While both of these financial options allow you to borrow ...