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 ...

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 ...

Should You Refinance Your Loan?

In some ways, refinancing your current loan for a new loan can feel like trading apples for slightly different apples. You still have a monthly payment and long-term financial responsibilities, but refinancing has the potential ...

Should You Get a Construction Loan or a Home Equity Line of Credit?

It’s always been your dream not to simply buy a home for retirement, but to build one from the ground up that is perfectly suited to your vision for how you want to spend your twilight years. To achieve this dream, two of the ...

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 ...
If you find yourself strapped for cash, you may wish to take out a personal loan to help you make ends meet.

Could You Benefit From a Personal Loan?

If you find yourself strapped for cash, you may wish to take out a personal loan to help you make ends meet. A personal loan is typically easier and quicker to take out than via other means, such as a home equity loan. Whether ...
There are numerous ways to get a money-smart energy-efficiency update, with many of them being just day- or weekend-long renovation projects.

Energy- and Money-Saving Home Improvement Projects

Energy costs are a huge expense for home dwellers these days, so people are always looking for various ways to be more energy-efficient within the home while also not draining their bank accounts. There are numerous ways to get ...
One of the many things that make home equity loans so attractive is their flexibility.

Common Uses for a Home Equity Loan

If you’re a homeowner, chances are you probably know that your home’s equity is important. Building home equity comes from a combination of paying down the amount owed on the loan, along with the home’s current market value. ...
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 ...
Colonial offers two competitive programs that lets homeowners utilize the equity in their home to use for any purpose.

Tap into the Cash Under Your Roof

When many people think of spring, they think of flowers blooming, birds chirping, and of course, family gatherings outdoors. Spring is the perfect time to invite your family and friends over for a backyard cookout or dip in the ...