New House vs. Home Improvements

Sometimes it’s hard not to be tempted by the greener grass of a new home, especially if your home isn’t exactly how you want it to look or function. But the idea of putting your house on the market and leaving your beloved ...

5 Questions to Ask Your Mortgage Broker

Investing in a home is a major milestone, and the bigger the milestone, the more complicated the process. That’s why you need a thorough list of questions to ask your mortgage broker before you agree to any loan. Learn all your ...

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 ...

Checking Your Credit Score Online

Knowing your credit score is the first step to securing a loan for a new car, starting up your own business or taking out a mortgage. With seemingly everything being done online these days, checking your credit score is easier ...

What Happens to a Loan if a Cosigner Dies?

Cosigning is when two or more people borrow on a loan together. While this is often done because one of the individuals’ credit history isn’t strong enough to acquire the loan on their own, it’s also a viable strategy for ...

One-Time Close Construction Loans vs. Multiple Loans

In many cases, home improvement is better than moving to another house. Building a larger garage, expanding a wing of your home or erecting an additional bathroom could be a much easier and more cost-effective way of adjusting ...

Which Debt Should You Pay Off First?

Between credit cards, student loans, car loans and mortgages, you’re probably carrying some debt. On the surface, managing your debt can seem relatively easy — just make minimum payments. However, if you’d like to pay down ...

What to Know About VA Loans

Trying to navigate the world of finances is intimidating under the best of circumstances, but securing a home loan can be particularly complex. However, if you’re an active member of the United States military or a veteran, ...

Guide to Purchasing a Second Property

If you’re in the market to buy a second property, you’re probably familiar with the purchasing process. Be careful, though, to not let your confidence or knowledge push you into a rush decision. Buying a property, whether ...

All About Reverse Mortgages

If you are 62 years of age or older and own your home, you may be eligible to receive cash with a Reverse Mortgage from Colonial. A Reverse Mortgage can be a valuable financial tool that allows seniors 62 or older to borrow against ...