How to Budget for Your First Home

Homeownership is an exciting achievement, but it’s also a huge responsibility. Entering into home-ownership when you’re ready is more important than doing so right away. Starting off on the right foot can positively impact ...

What to Know Before Buying an Old Home

Old homes can be attractive to buyers because they often boast lower selling prices than new homes, offer unique character not found in new builds, and give buyers a chance to restore something to its former glory or make it all ...

How Much Should You Spend on Housing?

When you’re laying out your budget, housing money is probably a pretty big chunk. After all, shelter is one of the most basic human needs. Before you sign up for a new lease or mortgage, make sure that the monthly payments won’t ...

Home Down Payments and Alternatives

Among the most challenging hurdles to overcome on your path to home ownership is the down payment. Unless you are in a great position of financial advantage, coming up with a large sum of liquid capital at one time is a difficult ...

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. ...