Colonial is pleased to offer a great mortgage benefit to your non-relocating employees. This unique program can help employees move into a new home, refinance an existing home, or assist with the purchase of a second home or an investment property. The Colonial Mortgage Benefit Program includes a closing costs discount and highly competitive rates.
Our team of Corporate Mortgage Advisors will provide program administrative support while our dedicated Corporate Mortgage Specialist will assist your employees through the entire loan process from first call to closing.
Benefits to the Company:
Provide an important financial and educational resource to employees that can assist with employee retention and company loyalty at no cost to the organization
On-site services including participation in employee benefit fairs and company educational programs
Customized marketing and promotional materials
Dedicated website (Custom URL to include your company name if desired)
Benefits to the Employees:
Highly competitive rates and flexible terms
Closing cost credit to your employees
Personal assistance from a dedicated Corporate Mortgage Specialist
$1,000 on-time closing guarantee (certain restrictions apply)
On-line application, with tools and calculators to help employees in the home buying process
Retained servicing so employees know who to call with questions about their loans
Program available to friends and family upon company's request