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 ...

Colonial’s Homebuyer Education Webinar – June 29

As Colonial continues to bring added value to the communities we serve through donations, volunteerism, education and community outreach, we are excited to announce that we are hosting a free, no-obligation Homebuyer Education ...

Real Estate Trends You Need to Know

The real estate market is an ever-evolving entity subject to buyers’ wants, sellers’ needs and the state of the economy. These influences can make selling or buying a home exceptionally complicated. That is why you need some ...

What is Private Mortgage Insurance?

One of the biggest hurdles potential homebuyers face is saving enough for the down payment and closing costs associated with buying a home. One misconception out there is the thought that you need at least 20 percent down to purchase ...

National Homeownership Month – 2020

June marks National Homeownership Month – a month dedicated to celebrating and promoting the benefits homeownership brings to individuals and families across the country. Colonial has been proudly offering a wide variety of ...

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 ...

When to Crack into Your Retirement Savings Early

While it’s usually best to avoid withdrawing from your retirement funds early, there are a few special situations when it can be advantageous to do so. Discover which scenarios might legitimize this transaction and learn how ...

Looking for Down Payment Assistance? Colonial Can Help!

Buying a home can be one of the most exciting and rewarding times in a person’s life. Pride of ownership, the ability to make updates to the property and the benefit of building equity are just a few of the many benefits of ...
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Reasons Parents are Considering “Campus Cribs” for Their College Student

Whether attending their first year of college or their final semester before they receive their Master’s degree, school is back in session for most university students. It’s an exciting time as lecture halls teem with eager ...

Check Out Our New Online Application!

A better way to apply for a mortgage is here with Colonial’s new, state-of-the-art online application – powered by Roostify. Our new online application allows customers the ability to apply for a home loan from anywhere with ...