Compare mortgage options
Explore Your Mortgage Home Loan Options
Find out which home lending option works for your financial needs and goals. Whether you're buying a home or refinancing, TD has the mortgage for you.
What type of mortgage is right for me?
When choosing between an adjustable-rate mortgage (ARM) or a fixed-rate mortgage, there are generally 3 key things to consider:
- Loan payments and interest
If you want a consistent loan and interest payment for the life of the loan, choose a fixed-rate mortgage - How long you'll live in the house
If you plan to only be in your home for a short time (like a starter home), the initial lower interest rate of an ARM may be a good choice - Consider your future expenses
If you anticipate having more expenses in the future, you may enjoy the protection against rising interest rates that a fixed-rate mortgage offers. If you anticipate having fewer expenses, you may consider an ARM to qualify for a higher loan amount or to get a lower initial rate, understanding your payment would increase if interest rates rise
Compare all your TD Bank mortgage options
TD Bank offers a range of home loan options to fit your life and budget.
Key features |
Benefits |
Terms & additional requirements |
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Fixed-Rate Mortgage |
Fixed-Rate Mortgages have the same monthly payment for the life of the loan. |
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Adjustable-Rate Mortgage (ARM) |
Adjustable-Rate Mortgages offer an initial fixed-rate term of 3, 5, 7, or 10 years. The interest rate may change at set intervals after the initial fixed term. |
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Cover the costs of building a new home or renovate an existing property with a construction to permanent loan. |
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Jumbo Mortgage Loan |
Ideal for financing larger purchase and refinance transactions where the mortgage amount exceeds the Federal Housing Finance Agency conforming loan limit.† |
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Programs that require as little as 3% down payment. |
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Each program has different requirements around down payment, home buyer education, and if you must be a first-time home buyer |
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VA Mortgage |
Available for active-duty military, veterans and spouses who meet eligibility requirements. |
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FHA Mortgage |
Down payment as low as 3.5% for purchase transactions. |
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Specifically designed for doctors, dentists, residents or fellows who are less than 10 years out of residency. |
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Refinance your mortgage
Refinancing your current mortgage can help you meet your financial goals.