Why
Colonial?
We are committed to helping people finance their real estate goals. Since
we are a mortgage banker we have the ability to finance a wide range of
needs.
Customer service is our number one priority at
Colonial Home Mortgage Company.
We understand the importance of every mortgage transaction. That's why
we provide dedicated service. During your loan processing you will deal
with the same person every time you call. We have an in-house underwriting
staff that can provide most decisions within a 24 hour time frame. Most
importantly your loan officer will guide you through the entire process
answering any and all questions you may have. From the construction loan
to the purchase of a second or vacation home, and even equity loans.
Colonial is committed to providing lifelong support
for our customers' needs. So even down the road when you have
settled in your new home, we can provide continuing service to help you
get the most out of your investments. We have refinancing programs that
could lower your rates, allow you cash out on your property, and even
consolidate your debt. Feel free to contact us at any time, we are here
to help! At Colonial we're growing with you to help you finance your lifestyle.
What
do they look for?
When applying for a mortgage, the main areas of review interest are:
Ability To Repay
Every lender wants to review you assets, your income, and credit history.
We are looking to see what cash and securities you have on hand, that
you have sufficient income to make the repayment, and how you have paid
your bills in the past.
Collateral
Lenders have to know that the property they are funding against is worth
what you are paying for it or what we are lending against in the event
we end up with the property. This job is left to an independent appraisal
service. Their job is to determine through research, the fair market
value of the subject property.
Loan Programs
There are many loan programs available. A qualified loan officer will
assess your needs and your financial situation and recommend which is
best for you. This is where the information in the "ability to
repay" section comes into play. We have fixed, adjustable, buydown
and other rate programs available. We service those with perfect credit
and those with less than perfect credit.
The Lending Institution
Not all lenders are created equal. We are a direct lender with an in-house
underwriting staff and a wide array of products. We have conventional, government
and portfolio products available. As a company we process mortgages everyday
of the week...but we treat every transaction as if it were our first. For
most buyers or existing home owners we understand that a mortgage process
can be confusing and mind-boggling. Let us help you decipher the information
and guide you through the process. Our staff is comprised of competent experienced
mortgage professionals. We will not only help you determine which mortgage
best fits your current needs and situation but we will explain in detail
every step of the transaction. We are here to help!
How do I begin?
We can set up an in person meeting, work over the phone, via
the mail or by using our request
form online.
You can turn to us for financing assistance in any of
these areas:
- Purchase a new or existing home
- Refinance for Home improvements
-
Debt consolidation
- Clean
up your credit
- Cash-out
for most any purpose
- Home
equity loans
- Second
mortgages
- Construction
loans
- Purchase
an investment property or second home, even a vacation home
- Purchase
or refinance a mixed use property
- Finance
a purchase or refinance on a commercial property
Let
one of our qualified professionals help you unlock your full mortgage
potential.
Let us show you how Colonial Home Mortgage can help you finance your lifestyle
goals.
108 Kings Highway East, Suite 210
Haddonfield, NJ 08033
856-428-3010
866-866-0900 Toll Free
Service and people you can trust!
Colonial Home Mortgage takes the hassle and guess work out of obtaining
a
mortgage. We have a variety of cost effective products to meet each
borrower's specific needs. |
