TD Bank offers various mortgage options with discounts for autopay and banking, rated highly for mobile apps.

From Yahoo Finance: 2024-08-14 16:39:00

TD Bank provides a wide range of mortgage products, but its 15-state presence limits accessibility. The bank offers multiple loan options and down payment assistance, though online tools may be challenging to find. TD Bank also offers discounts for autopay and banking with them, and has highly rated mobile apps.

TD Bank offers various mortgage types, including purchase, refinance, conventional, jumbo, and FHA loans, along with HELOCs and home equity loans. However, the bank does not offer USDA or non-QM loans. Personalized rates are available by filling out an online form, and mobile apps are highly rated for both Android and iPhone devices.

First-time home buyers can benefit from TD Bank’s step-by-step guides and low-down-payment loan options. The bank offers construction loans for building from scratch and various assistance programs to ease financial burdens. Home equity products are also available, with options like cash-out refinancing, HELOCs, and home equity loans.

TD Bank’s home equity loans and HELOCs come with varying fees, such as an origination fee and an annual fee for HELOCs. The bank’s home equity loans have fixed interest rates, and both products offer rate discounts for eligible checking accounts. Online tools and resources are available but may be challenging to locate on the website.

TD Bank provides personalized loan and rate options through a short form on its website. A minimum credit score of 620 is required for low-down-payment mortgage options. Various payment methods are accepted, including online, phone, in-person, or via the mobile app. The bank’s mortgage offerings are rated on affordability, rate transparency, and online features.

Read more: TD Bank mortgage review 2025