Considering A Reverse Mortgage Or Have Questions? Colonial 1st Mortgage Puts YOU 1st.

At Colonial 1st Mortgage, we’ve helped hundreds of people pay off their mortgage, supplement their income, or pay for healthcare expenses with reverse mortgages. If you or your spouse is 62 years or older, a reverse mortgage may be right for you.

Colonial 1st Mortgage is right here in Richmond and we’d be happy to meet with you in person or talk with you over the phone to answer any questions that you may have. Colonial 1st Mortgage always puts you first. Here are just some of the benefits of a reverse mortgage:

  • Your name will still be on the title of your home and you can leave it to your children if you wish.
  • You will receive a payment from the bank every month that you can spend how you wish.
  • If you choose a credit line option, your credit line through the bank will actually grow over time.
  • If your credit is less than perfect, give us a call, we’ve helped dozens of people in situations just like yours.

All we need to get started is your address, what you owe and your birthdate(s) to work up some preliminary figures for you.

Just Click Here Get a FREE quote! to get started or give us a call today at 804.967.2560.

What is the Colonial 1st process?

The mortgage process can seem daunting at first, but with Colonial 1st Mortgage putting you first, we make it easy. To put it as simply as possible, the steps are:


  • Application



  • Document Verification



  • Credit Report



  • Rate Lock



  • Sign Docs



  • Home Appraisal



  • Underwriter Review



  • Clear to Close



  • Loan Closing


And… that’s it! It can take as little as 2 weeks. Just Click Here to get started on your fast, free and easy quote or give us a call today at 804.967.2560.

Your first home, your first refinance, your first second home, your first reverse mortgage – through all of them, Colonial First puts you first. Just click below or call 804.967.2560 to get started on your free, fast and easy quote today.

Get a FREE quote!