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TD New to Canada Banking Package
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EasyWeb WebBroker U.S. Banking My Accounts My Accounts Logout Online Services EasyWeb WebBroker U.S. Banking Home / Mortgages / First-time Home Buyer\r\n"}}" id="text-bdbb85adf8" class="cmp-text">Home / Mortgages / First-time Home Buyer
Mortgages\r\n\r\n"}}" id="text-c275ba6b84" class="cmp-text"> Say hello to good mortgage advice and get up to $4,000 with a new TD mortgage.\r\n"}}" id="text-b1bade8190" class="cmp-text"> Say hello to good mortgage advice and get up to $4,000 with a new TD mortgage. Offer expires August 31, 2026. Conditions apply.\r\n
TD Mortgage Direct can make your mortgage make sense. Talk with a TD Mortgage Specialist and get mortgage advice every step of the way.
\r\n"}}" id="text-8865e351c3" class="cmp-text">Offer expires August 31, 2026. Conditions apply.
TD Mortgage Direct can make your mortgage make sense. Talk with a TD Mortgage Specialist and get mortgage advice every step of the way.
View offer Request a call Buying your first home? Let us guide you through your home financing journey and prepare you for home ownership.\r\n"}}" id="text-607c90be6d" class="cmp-text">Let us guide you through your home financing journey and prepare you for home ownership.
Understand the basics Learn what you could afford Get pre-approved Found your dream home Understand the basics\r\n"}}" id="text-babb1f2188" class="cmp-text"> Understand the basics Tips for first-time home buyers\r\n"}}" id="text-5f3bf8d510" class="cmp-text"> Tips for first-time home buyers Buying your first home can be overwhelming, but it doesn’t have to be. With a bit of preparation and the right support, you can turn that challenge into an exciting milestone. Here are some tips that can help you get started.\r\n"}}" id="text-47449ce6ba" class="cmp-text">Buying your first home can be overwhelming, but it doesn’t have to be. With a bit of preparation and the right support, you can turn that challenge into an exciting milestone. Here are some tips that can help you get started.
Ask yourself the right questions
Where do you want to live? How long do you plan to stay? Answering these types of questions early on helps you focus your homebuying search, making it easier to find a property that aligns with your needs and goals.
Understand key mortgage terms
Familiarize yourself with mortgage terms like amortization period vs term, variable vs. fixed interest rates, and payment frequencies to feel confident in your mortgage discussions.
Consider what you can afford
Your income, savings, expenses, debt, and existing credit will impact what you can afford. Don't forget to factor in additional costs such as land transfer tax, and legal fees.
Explore first-time home buyer incentives
Take advantage of government home buying programs and incentives like the RRSP Home Buyers' Plan and GST/HST New Housing Rebate.
Boost your down payment savings
Discover accounts and savings plans, like the First Home Savings Account, to help you save for your down payment faster.
Get personalized assistance
TD offers support for first-time home buyers, helping to navigate the process with tailored advice and resources. Contact us to get personalized advice.
View more
Learn more insights about first-time home buyer tips\r\n"}}" id="text-cc0b378ab2" class="cmp-text">Learn more insights about first-time home buyer tips
Learn what you could afford\r\n"}}" id="text-28bb4effab" class="cmp-text"> Learn what you could afford Your guide to a down payment\r\n"}}" id="text-9d5bff5abc" class="cmp-text"> Your guide to a down payment Discover how much you should have for a down payment and how TD can help you get there. Learn more about your down payment.\r\n"}}" id="text-2977ea182d" class="cmp-text">Discover how much you should have for a down payment and how TD can help you get there. Learn more about your down payment.
Minimum down payment required\r\n"}}" id="text-98ad02be02" class="cmp-text">Minimum down payment required
Minimum down payment required\r\nThe minimum down payment required will depend on the home value. See table below for details.\r\n
If your down payment is less than 20% of your home value, you will need to pay for mortgage default insurance. The insurance premium can be added to your mortgage amount.
\r\n"}}" id="text-accd0f0c41" class="cmp-text">Minimum down payment required
The minimum down payment required will depend on the home value. See table below for details.
If your down payment is less than 20% of your home value, you will need to pay for mortgage default insurance. The insurance premium can be added to your mortgage amount.
Home Value1
Minimum down payment required
Up to $500,000
5% of the home value2
$500,000 to $1,499,999
5% of the first $500,0002
10% of the home value above $500,0002
$1,500,000 or more
20% of the home value3
Minimum down payment and mortgage default insurance requirements aren't exclusive to TD – these are mortgage rules that apply to all banks4. We're here to help you navigate them with ease.\r\n"}}" id="text-683a2e8d59" class="cmp-text">Minimum down payment and mortgage default insurance requirements aren't exclusive to TD – these are mortgage rules that apply to all banks4. We're here to help you navigate them with ease.
Explore your payment and affordability options for homeownership\r\n"}}" id="text-2daa2ae1ca" class="cmp-text"> Explore your payment and affordability options for homeownershipMortgage Affordability Calculator
Ready to start looking for your dream home? Find out how much you may be able to afford.
See what your mortgage payments could be and discover ways you can save money.
Get pre-approved\r\n"}}" id="text-19f2128ba9" class="cmp-text"> Get pre-approved Our Special Mortgage Rates\r\n"}}" id="text-ae5d21a67b" class="cmp-text"> Our Special Mortgage RatesTerm
Special Rate 5
APR 6
3 Year Fixed Closed
%
(Posted Rate: %)
%
5 Year Fixed Closed
%
(Posted Rate: %)
%
5 Year Fixed Closed High-Ratio7
%
(Posted Rate: %)
%
5 Year Variable Closed8
% (TD Mortgage Prime Rate
% %)
(Posted Rate: TD Mortgage Prime Rate)
%
TD Mortgage Prime Rate is %\r\n\r\n"}}" id="text-a4e1cbe50b" class="cmp-text">
TD Mortgage Prime Rate is %
Applying for a mortgage pre-approval is a useful step when you're ready to buy your first home. It lets you know how much you may qualify for, which helps set your budget before you start house hunting. Learn more about the mortgage pre-approval process.
You can apply for a pre-approval online and in person at a branch. If you have questions about the pre-approval process, request a call with TD Mortgage Direct.\r\n"}}" id="text-7efd041031" class="cmp-text">You can apply for a pre-approval online and in person at a branch. If you have questions about the pre-approval process, request a call with TD Mortgage Direct.
Get pre-approved Found your dream home\r\n"}}" id="text-6e621f82bb" class="cmp-text"> Found your dream home Prepare to get started\r\n"}}" id="text-db93491b70" class="cmp-text"> Prepare to get started Once you have a property in mind, you can complete your full mortgage application and submit the required documents for review.\r\nAmong other factors, TD assesses your income, credit history, assets, debts, and property to make the final credit decision. It's a good idea to be prepared with the following documents for your application meeting:
\r\n"}}" id="text-ec90b0f847" class="cmp-text">Once you have a property in mind, you can complete your full mortgage application and submit the required documents for review.
Among other factors, TD assesses your income, credit history, assets, debts, and property to make the final credit decision. It's a good idea to be prepared with the following documents for your application meeting:
Proof of identity: A valid government-issued photo ID (e.g., driver's license, permanent resident card, or passport).
Income confirmation:
Most people will need the following:
However, if you are self-employed:
Most recent 2 years of T1 Generals with corresponding NOAs Additional documentation may be required to confirm you are self-employed.Confirmation of down payment: Documents that show where your down payment is coming from. This may include statements for savings accounts, investment accounts, confirmation of a gift, or documents detailing the sale of another property.
Bring a list of assets and liabilities: This can include documentation of saving and investment accounts, and statements of lines of credit, amongst other documents.
Property purchase documents: Signed Purchase and Sale Agreement with MLS listing (if applicable).
View More
Ensure your closing costs are accounted for\r\n"}}" id="text-23c4ac51e6" class="cmp-text"> Ensure your closing costs are accounted for Closing costs are additional fees that come with purchasing a home, beyond the purchase price itself. These may include legal fees, disbursements, and land transfer taxes. It's important to budget for these expenses, as they are essential to completing your home purchase.\r\n"}}" id="text-8cc4b124f6" class="cmp-text">Closing costs are additional fees that come with purchasing a home, beyond the purchase price itself. These may include legal fees, disbursements, and land transfer taxes. It's important to budget for these expenses, as they are essential to completing your home purchase.
TD Mortgage Protection\r\n"}}" id="text-c056217f86" class="cmp-text"> TD Mortgage Protection Whether you’re single, or have a partner or a family to care for, TD Mortgage Protection can help reduce the financial burden for you and your loved ones should you experience an unexpected covered event.\r\n"}}" id="text-50b4b7b8ba" class="cmp-text">Whether you’re single, or have a partner or a family to care for, TD Mortgage Protection can help reduce the financial burden for you and your loved ones should you experience an unexpected covered event.
TD Mortgage Protection is an optional coverage that offers Mortgage Critical Illness and Life Insurance, which could help pay off or reduce your outstanding mortgage balance should you pass away or suffer a covered critical illness or accidental dismemberment.9\r\nLearn more about TD Mortgage Protection
\r\n"}}" id="text-ab04d9f929" class="cmp-text">TD Mortgage Protection is an optional coverage that offers Mortgage Critical Illness and Life Insurance, which could help pay off or reduce your outstanding mortgage balance should you pass away or suffer a covered critical illness or accidental dismemberment.9
Learn more about TD Mortgage Protection
Get a quote Frequently asked questions\r\n"}}" id="text-824c0f68a4" class="cmp-text"> Frequently asked questions What are the programs and incentives for first time home buyers? If you’re a first-time home buyer in Canada, there are some great government programs and incentives that can help you with the cost of buying a home.\r\nHere's a breakdown of some key programs and incentives:
\r\n\r\nTax-Free First Home Savings Account (FHSA): This combines some of the features of an RRSP and TFSA. Contributions will generally be tax-deductible, and when a qualifying withdrawal is made, the amount withdrawn including earnings is not taxable.\r\nHome Buyers' Plan (HBP): The Home Buyer's Plan (HBP) allows first-time home buyers to withdraw funds from their Registered Retirement Savings Plan (RRSP) to use towards a qualifying home.\r\nGST/HST New Housing Rebate: The GST/HST New Housing Rebate offers qualifying home buyers a GST/HST rebate on the purchase price of a newly built or substantially renovated home. The amount withdrawn under the Home Buyers' Plan (HBP) must be repaid over a period of no more than 15 years.\r\nHome Buyers' Amount (HBA): The Home Buyer's Amount (HBA) is a non-refundable income tax credit that can be applied to certain qualifying homes.\r\n\r\nFor detailed eligibility criteria and further guidance, check out the Incentives for first-time homebuyers section on the tips page.
\r\n"}}" id="text-31b80812cb" class="cmp-text">If you’re a first-time home buyer in Canada, there are some great government programs and incentives that can help you with the cost of buying a home.
Here's a breakdown of some key programs and incentives:
Tax-Free First Home Savings Account (FHSA): This combines some of the features of an RRSP and TFSA. Contributions will generally be tax-deductible, and when a qualifying withdrawal is made, the amount withdrawn including earnings is not taxable. Home Buyers' Plan (HBP): The Home Buyer's Plan (HBP) allows first-time home buyers to withdraw funds from their Registered Retirement Savings Plan (RRSP) to use towards a qualifying home. GST/HST New Housing Rebate: The GST/HST New Housing Rebate offers qualifying home buyers a GST/HST rebate on the purchase price of a newly built or substantially renovated home. The amount withdrawn under the Home Buyers' Plan (HBP) must be repaid over a period of no more than 15 years. Home Buyers' Amount (HBA): The Home Buyer's Amount (HBA) is a non-refundable income tax credit that can be applied to certain qualifying homes.For detailed eligibility criteria and further guidance, check out the Incentives for first-time homebuyers section on the tips page.
Do I need an insured or uninsured mortgage? When you're buying your home, deciding between an insured (high-ratio) mortgage and an uninsured (conventional) mortgage depends on your down payment.\r\nInsured (high-ratio) mortgage: Mortgage default insurance allows you to buy a home with as little as a 5% down payment. This insurance can be added to your mortgage principal or paid upfront, helping you get into your home sooner, even with a smaller down payment.
\r\nUninsured (conventional) mortgage: If you can put down 20% or more, you'll qualify for a conventional mortgage. With a larger down payment, you'll borrow less, pay less interest over time, and may avoid the need for mortgage default insurance.
\r\nTip for first-time buyers: If you're unsure which option is right for you, consider your financial situation and long-term goals. A larger down payment can save you money on interest, but an insured mortgage can help you get into your home with less upfront cash.
\r\n"}}" id="text-6f40f46592" class="cmp-text">When you're buying your home, deciding between an insured (high-ratio) mortgage and an uninsured (conventional) mortgage depends on your down payment.
Insured (high-ratio) mortgage: Mortgage default insurance allows you to buy a home with as little as a 5% down payment. This insurance can be added to your mortgage principal or paid upfront, helping you get into your home sooner, even with a smaller down payment.
Uninsured (conventional) mortgage: If you can put down 20% or more, you'll qualify for a conventional mortgage. With a larger down payment, you'll borrow less, pay less interest over time, and may avoid the need for mortgage default insurance.
Tip for first-time buyers: If you're unsure which option is right for you, consider your financial situation and long-term goals. A larger down payment can save you money on interest, but an insured mortgage can help you get into your home with less upfront cash.
How can I prepare to apply for a mortgage? To help make your mortgage application process smoother, it’s helpful to have the right documents ready. Here’s a guide to get you started, but remember, this isn’t an exhaustive list — additional information may be required throughout your application.\r\n1. Proof of identity: Make sure your government-issued photo ID (driver’s license, passport, or permanent resident card) is valid and up to date. Helpful tip: Check the expiration date early to avoid delays.
\r\n2. Income confirmation:
\r\nMost people will need the following:
However, if you are self-employed:
\r\n\r\nMost recent 2 years of T1 Generals with corresponding NOAs.\r\nAdditional documentation may be required to confirm you are self-employed.\r\n\r\n3. Confirmation of down payment: Be prepared to show documents that show where your down payment is coming from. This can include statements for savings accounts, investment accounts, confirmation of a gift, or documents detailing the sale of another property.
\r\n4. Bring a list of assets and liabilities: This can include documentation of saving and investment accounts, and statements for lines of credit, amongst other documents.
\r\n5. Property purchase: If you’ve already found a property, be ready to provide the Purchase and Sale Agreement and the MLS listing (if applicable).
\r\nTips for a smooth process:
\r\n\r\nKeep a document folder in a safe location: Create a dedicated folder for all your documents. Keep it updated with the most recent versions to be prepared at every step of your home financing journey.\r\nPlan for your deposit: Once your offer is accepted, you’ll usually need a bank draft for the deposit within 24 hours. Make sure you can easily access these funds.\r\nEnsure your income taxes are current: Recent tax filings and proof of payment may be required, especially for self-employed individuals. Setting up an online account with the CRA can simplify access to these documents.\r\nStay on top of your financial statements: Make sure you can easily download or access any financial statements needed, such as saving and investing account statements, employee share ownership plan statement, credit card statements, etc. ensuring they reflect the latest information.\r\nUnderstand your personal and family situation: Depending on your marital status, be prepared to provide documentation about child support, spousal maintenance, and other financial arrangements.\r\n\r\nIf you’re applying with a co-signer, share these tips to avoid surprises down the road. These tips will help you feel more confident and prepared when it’s time to apply for your mortgage.
\r\n"}}" id="text-4116d2b6dd" class="cmp-text">To help make your mortgage application process smoother, it’s helpful to have the right documents ready. Here’s a guide to get you started, but remember, this isn’t an exhaustive list — additional information may be required throughout your application.
1. Proof of identity: Make sure your government-issued photo ID (driver’s license, passport, or permanent resident card) is valid and up to date. Helpful tip: Check the expiration date early to avoid delays.
2. Income confirmation:
Most people will need the following:
However, if you are self-employed:
Most recent 2 years of T1 Generals with corresponding NOAs. Additional documentation may be required to confirm you are self-employed.3. Confirmation of down payment: Be prepared to show documents that show where your down payment is coming from. This can include statements for savings accounts, investment accounts, confirmation of a gift, or documents detailing the sale of another property.
4. Bring a list of assets and liabilities: This can include documentation of saving and investment accounts, and statements for lines of credit, amongst other documents.
5. Property purchase: If you’ve already found a property, be ready to provide the Purchase and Sale Agreement and the MLS listing (if applicable).
Tips for a smooth process:
Keep a document folder in a safe location: Create a dedicated folder for all your documents. Keep it updated with the most recent versions to be prepared at every step of your home financing journey. Plan for your deposit: Once your offer is accepted, you’ll usually need a bank draft for the deposit within 24 hours. Make sure you can easily access these funds. Ensure your income taxes are current: Recent tax filings and proof of payment may be required, especially for self-employed individuals. Setting up an online account with the CRA can simplify access to these documents. Stay on top of your financial statements: Make sure you can easily download or access any financial statements needed, such as saving and investing account statements, employee share ownership plan statement, credit card statements, etc. ensuring they reflect the latest information. Understand your personal and family situation: Depending on your marital status, be prepared to provide documentation about child support, spousal maintenance, and other financial arrangements.If you’re applying with a co-signer, share these tips to avoid surprises down the road. These tips will help you feel more confident and prepared when it’s time to apply for your mortgage.
Other than a mortgage, are there other options to finance my home purchase? Yes, TD offers two products to finance a home purchase: a TD Mortgage and a TD Home Equity FlexLine. Here are some key differences:\r\nWith a mortgage, you get a loan for a single amount. That amount plus interest must be paid back over time.
\r\nWith a TD Home Equity FlexLine, you gain ongoing access to credit (Revolving portion)10. As you pay down your outstanding balance, your available credit increases up to your credit limit. You can also add a term portion at any time11.
\r\n"}}" id="text-c04f33d767" class="cmp-text">Yes, TD offers two products to finance a home purchase: a TD Mortgage and a TD Home Equity FlexLine. Here are some key differences:
With a mortgage, you get a loan for a single amount. That amount plus interest must be paid back over time.
With a TD Home Equity FlexLine, you gain ongoing access to credit (Revolving portion)10. As you pay down your outstanding balance, your available credit increases up to your credit limit. You can also add a term portion at any time11.
What is the difference between a fixed and variable rate at TD? A fixed interest rate means your interest rate, along with your payment amount, will stay exactly the same during your mortgage term.\r\nWith a variable interest rate, your interest rate can fluctuate based on changes in our TD Mortgage Prime Rate. While your payments will remain the same, the amounts from each payment that go toward the principal and interest can vary.12
\r\nIt's important to take a closer look at the differences between fixed and variable interest rates. We're here to help you make this decision. Request a call to learn more.
\r\n"}}" id="text-092ae6566c" class="cmp-text">A fixed interest rate means your interest rate, along with your payment amount, will stay exactly the same during your mortgage term.
With a variable interest rate, your interest rate can fluctuate based on changes in our TD Mortgage Prime Rate. While your payments will remain the same, the amounts from each payment that go toward the principal and interest can vary.12
It's important to take a closer look at the differences between fixed and variable interest rates. We're here to help you make this decision. Request a call to learn more.
What are other costs to consider? When buying a home, first-time home buyers should consider various costs beyond the purchase price. These may include:\r\n\r\nOne-time expenses like legal fees, home inspection, valuation fees, land transfer taxes, and possibly GST/HST for new homes. Don't forget the deposit has to be available prior to making a purchase. \r\nInsurance, such as mortgage default insurance (for smaller down payments) and home insurance, which must be active at closing.\r\nUtilities and ongoing maintenance: After moving in, you’ll also need to budget for ongoing costs like property taxes, utilities, condo or homeowners’ fees, and potential renovations or repairs.\r\n\r\nFor a detailed breakdown of these costs and more helpful guidance, explore the planning the other costs section on TD’s website.
\r\n"}}" id="text-cedf0a9805" class="cmp-text">When buying a home, first-time home buyers should consider various costs beyond the purchase price. These may include:
One-time expenses like legal fees, home inspection, valuation fees, land transfer taxes, and possibly GST/HST for new homes. Don't forget the deposit has to be available prior to making a purchase. Insurance, such as mortgage default insurance (for smaller down payments) and home insurance, which must be active at closing. Utilities and ongoing maintenance: After moving in, you’ll also need to budget for ongoing costs like property taxes, utilities, condo or homeowners’ fees, and potential renovations or repairs.For a detailed breakdown of these costs and more helpful guidance, explore the planning the other costs section on TD’s website.
How can I use my Registered Retirement Savings Plan (RRSP) to buy a house? You can leverage your RRSP to purchase a home through the Home Buyers' Plan (HBP). This program allows you to withdraw up to $60,000 from your RRSP to put towards a qualifying home purchase. The withdrawn amount must be repaid within 15 years to avoid tax consequences. While the annual minimum repayment starts in the second year after the year of withdrawal, if a HBP withdrawal takes place between Jan 1, 2022, and Dec 31, 2025, then the annual minimum repayment period has been extended to 5 years from the time of withdrawal.\r\nTo explore the full features of an RRSP for home buyers and compare it with the FHSA and TFSA, visit TD's registered plans guide.
\r\n"}}" id="text-67924aaae7" class="cmp-text">You can leverage your RRSP to purchase a home through the Home Buyers' Plan (HBP). This program allows you to withdraw up to $60,000 from your RRSP to put towards a qualifying home purchase. The withdrawn amount must be repaid within 15 years to avoid tax consequences. While the annual minimum repayment starts in the second year after the year of withdrawal, if a HBP withdrawal takes place between Jan 1, 2022, and Dec 31, 2025, then the annual minimum repayment period has been extended to 5 years from the time of withdrawal.
To explore the full features of an RRSP for home buyers and compare it with the FHSA and TFSA, visit TD's registered plans guide.
How can a First Home Savings Account (FHSA) help me buy a home? \r\nPut your contributions to work: You can invest your eligible contributions and use them when you're ready to purchase a qualifying home.\r\nGrow your savings tax-free: Any money in your FHSA grows tax-free, which could mean more funds for your dream home. Plus, you might be able to transfer funds tax-deferred from your FHSA to an RRSP or RRIF in your name13.\r\nKnow the limits: You can hold an FHSA until December 31st of the year in which the earliest of the following happens: the 15th anniversary of your first FHSA, you turn 71, or the year after your first qualifying withdrawal.\r\nBe aware of the tax implications: Withdrawals from the FHSA that do not meet all the qualifying withdrawal conditions will be considered taxable income.\r\n\r\n"}}" id="text-2c5d5b9da3" class="cmp-text"> Put your contributions to work: You can invest your eligible contributions and use them when you're ready to purchase a qualifying home. Grow your savings tax-free: Any money in your FHSA grows tax-free, which could mean more funds for your dream home. Plus, you might be able to transfer funds tax-deferred from your FHSA to an RRSP or RRIF in your name13. Know the limits: You can hold an FHSA until December 31st of the year in which the earliest of the following happens: the 15th anniversary of your first FHSA, you turn 71, or the year after your first qualifying withdrawal. Be aware of the tax implications: Withdrawals from the FHSA that do not meet all the qualifying withdrawal conditions will be considered taxable income. Featured resources for first-time home buyers\r\n"}}" id="text-05c1697c7f" class="cmp-text"> Featured resources for first-time home buyersTD offers tailored mortgage solutions for permanent residents and foreign workers, helping you buy a home in Canada. You could qualify for a mortgage even if you have limited or no Canadian credit history and limited employment in Canada.14
The First Home Savings Account (FHSA) is a type of registered savings plan introduced by the federal government in 2022. An FHSA is designed to help you save for your first home, tax-free and help you reach your vision of owning a home faster.
Still have questions and want to learn more about the home financing journey? Review this article to have some common mortgage questions explained, get a breakdown of the process, and learn about some of the key terms you should know.
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Your deposits may be insurable by the Canada Deposit Insurance Corporation.
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CIRO regulation applies to TD Investment Services Inc. a separate company from and a wholly-owned subsidiary of the Toronto-Dominion Bank.
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The Annual Percentage Rate (APR) is the cost of borrowing including interest and fees, expressed as a percentage. The APR is not the rate used to calculate your regular payments. The Annual Percentage Rate (APR) is based on a $300,000 mortgage, 25 year amortization, for the applicable term assuming monthly payments and fee to obtain a valuation of property of $300. If there are no fees, the APR and interest rate will be the same. Assumes rates does not vary over the term for variable rate.
1 Lesser of purchase price or valuation. \r\n"}}" id="1" class="cmp-text">1 Lesser of purchase price or valuation.
2 Mortgage default insurance is required.\r\n"}}" id="2" class="cmp-text">2 Mortgage default insurance is required.
3 Mortgage default insurance is required in certain circumstances. Talk to your mortgage specialist to determine if this applies to you.\r\n"}}" id="3" class="cmp-text">3 Mortgage default insurance is required in certain circumstances. Talk to your mortgage specialist to determine if this applies to you.
4 These rules regarding minimum down payment and mortgage default insurance requirements do not apply to all lenders.\r\n"}}" id="4" class="cmp-text">4 These rules regarding minimum down payment and mortgage default insurance requirements do not apply to all lenders.
5 Special rate offer is discounted off the applicable posted rate. These rates are only available for new first priority mortgages on already built, owner-occupied properties with amortization periods of 25 years or less and are subject to meeting TD Canada Trust credit granting criteria.\r\n"}}" id="5" class="cmp-text">5 Special rate offer is discounted off the applicable posted rate. These rates are only available for new first priority mortgages on already built, owner-occupied properties with amortization periods of 25 years or less and are subject to meeting TD Canada Trust credit granting criteria.
6 The Annual Percentage Rate (APR) is the cost of borrowing including interest and fees, expressed as a percentage. The APR is not the rate used to calculate your regular payments. The Annual Percentage Rate (APR) is based on a $300,000 mortgage, 25 year amortization, for the applicable term assuming monthly payments and fee to obtain a valuation of property of $300. If there are no fees, the APR and interest rate will be the same. Assumes rate does not vary over the term for variable rate.\r\n"}}" id="6" class="cmp-text">6 The Annual Percentage Rate (APR) is the cost of borrowing including interest and fees, expressed as a percentage. The APR is not the rate used to calculate your regular payments. The Annual Percentage Rate (APR) is based on a $300,000 mortgage, 25 year amortization, for the applicable term assuming monthly payments and fee to obtain a valuation of property of $300. If there are no fees, the APR and interest rate will be the same. Assumes rate does not vary over the term for variable rate.
7 This rate is only available to customers with less than 20% down payment, purchasing a residential property valued at under $1,500,000, who are eligible for and purchase mortgage default insurance and meet other conditions.\r\n"}}" id="7" class="cmp-text">7 This rate is only available to customers with less than 20% down payment, purchasing a residential property valued at under $1,500,000, who are eligible for and purchase mortgage default insurance and meet other conditions.
8 The interest rate for a TD variable rate mortgage changes whenever the TD Mortgage Prime Rate changes.\r\n"}}" id="8" class="cmp-text">8 The interest rate for a TD variable rate mortgage changes whenever the TD Mortgage Prime Rate changes.
9 Accidental dismemberment coverage is underwritten by TD Life Insurance Company. All other coverages are underwritten by The Canada Life Assurance Company. For complete terms and conditions, including eligibility conditions, definitions, benefits and restrictions, please refer to the Certificate of Insurance or for Quebec residents, the Product Summary, Fact Sheet and Certificate of Insurance.\r\n"}}" id="9" class="cmp-text">9 Accidental dismemberment coverage is underwritten by TD Life Insurance Company. All other coverages are underwritten by The Canada Life Assurance Company. For complete terms and conditions, including eligibility conditions, definitions, benefits and restrictions, please refer to the Certificate of Insurance or for Quebec residents, the Product Summary, Fact Sheet and Certificate of Insurance.
10 Subject to the terms of your agreement.\r\n"}}" id="10" class="cmp-text">10 Subject to the terms of your agreement.
11 Subject to a minimum amount.\r\n"}}" id="11" class="cmp-text">11 Subject to a minimum amount.
12 If your interest rate increases so that your regular payment does not cover the interest amount, at a certain point you will be required to increase your payments, make a prepayment, or convert to a fixed rate term. Conditions apply.\r\n"}}" id="12" class="cmp-text">12 If your interest rate increases so that your regular payment does not cover the interest amount, at a certain point you will be required to increase your payments, make a prepayment, or convert to a fixed rate term. Conditions apply.
13 Each registered plan has its own rules and tax implications, so it’s a good idea to connect with a tax advisor for more detailed information.\r\n"}}" id="13" class="cmp-text">13 Each registered plan has its own rules and tax implications, so it’s a good idea to connect with a tax advisor for more detailed information.
14 Conditions apply. You may be eligible for a TD mortgage, even if you have no Canadian credit history, provided you meet all of the other eligibility and credit criteria of TD Canada Trust.\r\n"}}" id="14" class="cmp-text">14 Conditions apply. You may be eligible for a TD mortgage, even if you have no Canadian credit history, provided you meet all of the other eligibility and credit criteria of TD Canada Trust.
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