TD Bank Mortgage & Refinance Rates

As a reputable bank which offers mortgage and refinance products both online and through its branch network, TDBank features competitive 30 year mortgage rates as well as advantageous 15 year refinance rates. The bank also offers home equity loans and lines of credit, and online applications are accepted for all home loan products.

TDBank Mortgage Rates

TD Bank provides a full spectrum of mortgage products, including FHA, regular and jumbo 30 year fixed mortgages as well as one and five year adjustable rate home loans. Rates tend to be as competitive as can be expected from a major bank in the present loan market, and TD Bank offers a special Mortgage Rate Security program which can result in lower rates without refinancing once 12 timely mortgage payments have been made. While TD Bank does not offer online closing, it does coordinate the entire process from application to closing online and via phone if a client chooses that option; there are no differences in the 30 year mortgage rates offered online versus the interest rates offered at physical bank branches.

TD Bank Refinance Rates

TD Bank offers refinancing for regular as well as FHA mortgages, and 15 year refinance rates are competitive, hovering around the national average or slightly lower. An online calculator on the TD Bank site allows borrowers to check whether refinancing will indeed save money at present interest rates, and refinance applications are accepted online.

Home Equity Loans and Line of Credit

Besides traditional home equity loans and lines of credit, TD Bank makes available a home equity line of credit that can be accessed using a Visa card that offers rewards for purchases that are made with the card. All of the TD home equity products feature competitive interest rates and can be applied for and approved online. Closing for home equity loans and line of credit takes place at any branch of the bank.

FHA Programs

TD Bank is an FHA participating lender, and as such it offers FHA 30 year fixed and 30 year Low to Moderate home loans. Its interest rates for FHA loans include no-points and one point options, and they are considered competitive when compared to those offered by other FHA lenders in areas where TD Bank operates.

Obtaining a first mortgage or refinancing a mortgage with TD Bank is a straightforward process, and the bank offers a one day approval guarantee according to which an applicant whose loan is not approved or denied within one business day receives $500. While the bank does not offer all of its home loan programs in all states, it is an option to consider from Maine to Florida, where it acts as a major mortgage and home equity lender.