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 ...
Many homeowners consider renovations and upgrades to their home when looking to sell. There are several key upgrades to consider that will boost your home’s value, as well as several ways to finance these large purchases.

The Features that Boost Home Sales & Values

Many homeowners consider renovations and upgrades to their home when looking to sell. There are several key upgrades to consider that will boost your home’s value, as well as several ways to finance these large purchases. Three ...

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 ...
Many homeowners decide to take on an improvement project either because of cost or the desire to do something for themselves. However, sometimes it’s best to get a loan and leave the work to the professionals.

The Dangers of DIY Projects: Why It’s Best to Get a Loan to Properly Pay for Work

Many homeowners decide to take on an improvement project either because of cost or the desire to do something for themselves. However, sometimes it’s best to get a loan and leave the work to the professionals. Underestimating ...
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 ...
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 ...
With a few quick tips and some careful calculating on your part, we can help you make sure you get a mortgage that fits your budget and your financial goals.

Comparing Mortgages Made Easy

Finding the right house to buy can take months—years, in some cases. Finding the right mortgage should be easier. With a few quick tips and some careful calculating on your part, we can help you make sure you get a mortgage ...
If you follow a few general rules, you can get the best interest rate on your mortgage.

How to Get the Best Interest Rate on Your Mortgage

If you’re purchasing a home, chances are, you’ll have to take out a mortgage loan. And, like with other types of loans, mortgages come with an interest rate. Those rates vary among many different factors, including: The Economy ...
Whatever the reason for a home upgrade, Colonial has two programs that allow you to make the home renovations you desire, with all of the award-winning services that Colonial is known for.

Home Renovations Made Easy

There is no shortage of reasons people look to make a home renovation. For many, their finances have improved since they bought their home, and they are looking to invest the equity they’ve gained back into their current home. ...
If you’re looking to obtain funds for an upcoming expense, a Home Equity Loan may be the perfect solution to allow you to tap into the money under your roof.

Why You Should Consider a Home Equity Loan This Fall

Summer has officially come to a close. It’s that special time of year where we welcome with open arms (some of us, at least) pumpkin-flavored lattes, autumn-brewed beers and any other normal item that can be spruced up with ...