Start Spring Off Right With a Refinance From Colonial

Spring is quickly approaching, and with the longer days, warmer weather and afternoon baseball comes a chance to get organized for the rest of the year ahead. Many people turn to spring-cleaning or gardening, which is a great ...

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 ...

Tips for Estate Planning

When it comes to the topic of estates, Stephen White, regional leader of wealth planning for BMO Wealth Management, sums up the importance of having a plan. “Spending a little time to get all your affairs in order is one of ...

More Money, Fewer Problems with a Cash-Out Refinance with Colonial

Is it time you finally remodeled your outdated kitchen or updated your master bathroom? Have you gotten a little behind on your credit card bills or do you have a child attending college in the fall? If you own your home and are ...

Know the Differences between Simple and Compound Interest

When borrowing money, odds are you’ll be paying interest on that loan. It pays to know the differences between simple and compound interest and how these can be advantageous or disadvantageous for you in various situations, ...

Introducing: Colonial’s Spanish Language Home Loan Portal

Colonial is proud and excited to introduce our new, Spanish language home loan portal. The Spanish Language Home Loan Portal continues the theme that GoColonial.com set forth when it was launched in April 2016 – education and ...

When to Consider a Second Mortgage

As your largest asset, your home carries a lot of weight in terms of your current financial health and your future financial goals. Using your home as collateral, you can acquire a second mortgage to rectify money troubles or ...

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 ...

6 Ways to Improve Your Credit Score

Credit scores are a sensitive topic for many people. The National Foundation for Credit Counseling performed a survey which indicated that more people would be more embarrassed to admit their credit scores than their weight (30 ...