Buying a home ranks among the biggest financial decisions anyone can make. Similarly, choosing the right mortgage partner proves just as crucial. Thousands of families across the U.S. and Canada now trust TD Group Mortgage Services as their go-to solution. TD offers a full range of home financing options, whether you’re a first-time buyer, want to refinance, or plan a renovation. These options focus on flexibility and long-term value.
The complex world of real estate loans can feel overwhelming. However, TD Group Mortgage provides more than just competitive rates. They offer personalized guidance, digital tools, and options that match different needs. In this post, we will explore everything you need to know about their mortgage offerings, eligibility, rates, benefits, and application process.
Overview of TD Group US Holdings LLC
To truly understand the value of TD Group Mortgage, it’s important to first consider the strength, reputation, and experience of the bank behind it. A mortgage is more than just a loan. It’s a long-term partnership, and choosing a lender with proven stability like TD Bank Group ensures you’re supported not only during the application process but throughout the life of your loan.
History of TD Group US Holdings LLC
TD Group US roots trace back to 1855 through its parent company, the Toronto-Dominion Bank, which is headquartered in Canada. Over 150 years, TD has evolved from a regional player into one of North America’s top 10 banks by assets. Furthermore, the bank officially entered the U.S. market through acquisitions and mergers. Eventually, it consolidated under the name TD Bank, N.A.
Today, the bank positions itself as “America’s Most Convenient Bank,” and for good reason. TD branches offer extended hours, weekend service, and focus on accessible customer care. Moreover, TD keeps its operations domestic rather than outsourcing customer support. As a result, TD ensures quicker, more reliable assistance. This focus on convenience, both in-person and online, sets TD apart in a crowded market.
Services of TD Group US Holdings LLC
TD Bank provides a wide range of financial products designed for individuals, families, and businesses. These services are structured to meet both daily banking needs and long-term financial goals. Some of the core offerings include:
- Checking and savings accounts: with no minimum balance options and online access
- Credit cards: including rewards, cashback, and low-interest cards
- Home loans and mortgages: for both new purchases and refinancing
- Auto loans: with flexible terms and quick approvals
- Personal loans: for debt consolidation, large expenses, and more
- Business banking: including small business loans, credit, and merchant services
- Investing and retirement accounts: to help customers build and manage wealth
With these offerings, TD Bank caters to various financial needs. Whether you’re managing everyday transactions or planning for the future, TD provides tools and support to help you stay on track.
Types of TD Group Mortgage Services
TD Group Mortgage offers various loan options to meet different home financing needs. Let’s break down each mortgage type, highlight its features, and show who they work best for. As a result, you can choose the right path to homeownership.
What is a TD Group Mortgage?
A TD Group Mortgage is a home financing solution that TD Bank offers. They design these mortgages to help individuals and families purchase, renovate, or refinance a property. TD Group provides flexible mortgage options that match different needs and budgets. This applies whether you’re buying your first home, upgrading to a new one, or want to lower your current interest rate.
TD’s approach stands out because it combines traditional lending programs with modern, accessible alternatives. For instance, they offer low-down-payment loans and special assistance programs. They tailor these mortgages to fit a wide range of borrowers. This includes those with strong credit and stable income, as well as first-time buyers or people in underserved communities.
TD Group Mortgage customers benefit from personalized support and online tools for easy applications and rate estimates. Additionally, they gain access to a strong foundation built on decades of experience in North American banking.
Fixed-Rate Mortgage
A Fixed-Rate Mortgage stands as one of the most reliable options in the TD Group Mortgage portfolio. It features an interest rate that stays unchanged throughout the entire loan term. This gives you steady and predictable monthly payments.
Who it’s for: This mortgage works perfectly for homebuyers who value long-term stability. It also suits those who want to avoid unexpected changes in their housing costs.
Term options: TD typically offers 15, 20, or 30-year terms. The 30-year option remains the most common choice because it provides lower monthly payments.
Why it matters: This TD Group Mortgage type protects borrowers from future interest rate increases. This protection proves especially beneficial during uncertain market conditions. To keep payments organized, TD checking accounts let you schedule and automate your TD Group Mortgage installments with ease.
Adjustable-Rate Mortgage (ARM)
This TD Group Mortgage option begins with a fixed interest rate for the first few years (usually 3, 5, 7, or 10). Then it shifts to a variable rate that adjusts annually based on market conditions.
Who it’s for: This mortgage works best for buyers who plan to move or refinance before the rate adjustment period begins.
Key considerations: ARMs typically offer lower initial rates. However, borrowers should prepare for potential increases in future payments.
Why it matters: ARMs provide a smart short-term option that lets you benefit from reduced initial costs. You can then redirect savings toward other financial goals. For added flexibility alongside your TD Group Mortgage, explore TD personal loans for renovations or emergencies.
Jumbo Mortgage
A Jumbo Mortgage represents a TD Group Mortgage solution for properties priced above standard loan limits. These limits generally start at $766,550 or more as of 2025. TD designs these loans for high-value real estate.
Who it’s for: TD tailors these mortgages to buyers in expensive housing markets. They also work for those purchasing luxury or investment properties.
Requirements:
- High credit score (typically 700+)
- Significant, stable income
- Large down payment (10% or more)
Why it matters: Jumbo loans provide access to large loan amounts while still delivering the support and competitive rates of a TD Group Mortgage. Managing multiple assets? TD business banking pairs well with Jumbo TD Group Mortgage plans for investors and entrepreneurs.
TD Right Step Mortgage
What it is: The TD Right Step Mortgage represents a signature TD Group Mortgage product. TD aims this product at helping first-time buyers break into the housing market with less financial stress.
Key benefits:
- Only 3% down is required
- No borrower-paid PMI
- Income limits may apply based on location
Who it’s for: This mortgage suits renters or individuals with limited savings who are ready to become homeowners.
Why it matters: This loan removes some of the biggest barriers to ownership. As a result, it makes building equity early much easier. Pair your TD Group Mortgage with TD savings accounts to build stronger financial habits from day one.
TD Home Access Mortgage
The TD Home Access Mortgage represents a TD Group Mortgage program that TD developed to increase homeownership access. They focus on underserved or historically disadvantaged communities.
Key features:
- $5,000 credit toward closing costs
- Expanded eligibility criteria
- No income limits in select locations
Who it’s for: This program serves individuals who may face systemic barriers to financing. This includes first-generation buyers and residents in redlined areas.
Why it matters: This program reflects TD’s broader mission to support financial inclusion and community stability. They achieve this through accessible TD Group Mortgage products. For added security, consider combining your TD Group Mortgage with TD’s insurance or credit card offerings.
FHA, VA, and FNMA HomeReady Mortgages
TD Group Mortgage offers these government-backed programs. They support buyers with limited income or savings by offering lower down payments and easier qualification.
Advantages:
- FHA: As low as 3.5% down, ideal for lower credit scores
- VA: 0% down with no PMI for eligible military members
- HomeReady: 3% down, designed for low-to-moderate-income buyers
Who it’s for: These programs serve veterans, first-time buyers, and families who might not qualify for a conventional TD Group Mortgage.
Why it matters: These programs help expand access to stable housing and long-term wealth building through homeownership. Want to prepare early? Use TD’s investing and savings tools to build toward your future. TD Group Mortgage today.
Mortgage Refinancing
This is a valuable option within the TD Group Mortgage lineup. It allows homeowners to replace their existing mortgage with a new one. Homeowners often do this to secure better terms, adjust their payment schedule, or tap into built-up home equity.
Who it’s for: This solution works perfectly for current homeowners who want to lower their interest rate, reduce monthly payments, or modify their loan term. It also suits those who want to switch between fixed and adjustable rates. Additionally, it’s a strong choice for those seeking cash-out refinancing to fund major expenses.
Term options: Refinancing terms typically mirror standard loan terms. TD offers 15, 20, or 30-year options based on your financial goals and equity position.
Why it matters: A TD Group Mortgage refinance can lead to substantial savings over time, improved monthly cash flow, or greater financial flexibility. Refinancing helps make the most of your property’s value, whether you’re restructuring debt or upgrading your home. For long-term planning, consider pairing your refinance with TD’s investing services. This allows you to grow your savings as you lower your loan costs.
| Mortgage Type | Down Payment | Rate Type | Ideal For |
| Fixed-Rate | 5–20%+ | Fixed | Long-term homeowners |
| Adjustable-Rate (ARM) | 5–10%+ | Variable | Short-term ownership |
| Jumbo Mortgage | 10–20%+ | Fixed/Variable | Luxury home buyers |
| TD Right Step | 3% | Fixed | First-time buyers |
| TD Home Access | 3–5% | Fixed | Underserved markets |
| FHA/VA /HomeReady | 0–3.5% | Fixed | Veterans, low-income buyers |
| Mortgage Refinance |
Varies (equity-based) | Fixed / Variable | Lower rates, change terms, or access equity |
Why Choose TD Group Mortgage?
TD Group Mortgage stands out because it offers flexible, accessible, and well-supported home loan options for a wide range of borrowers.
- Multiple loan types: TD provides options for every financial situation. These range from conventional to government-backed and specialty loans.
- Low-down-payment programs: Many loans require as little as 3% down. Additionally, some loans waive private mortgage insurance (PMI)—this saves buyers money each month.
- Expert guidance: TD assigns dedicated mortgage specialists who provide step-by-step support. They help you navigate the process confidently.
- Digital tools: TD offers online prequalification, calculators, and document uploads. These tools make managing your mortgage fast and simple.
- Flexible repayment: Most loans allow partial prepayment. This gives you control to pay off your loan faster and reduce interest costs.
Planning a major expense like a car or home upgrade? TD also offers Auto Loans and Personal Loans with affordable terms and fast approval.
TD Group Mortgage: Eligibility
Not everyone automatically qualifies for a TD Group Mortgage. Like all lenders, TD Bank sets specific criteria to ensure borrowers can manage their loans responsibly. These requirements focus on both the applicant and the property involved.
Applicant Requirements
To qualify for a TD mortgage, borrowers generally need to meet the following conditions:
- Credit score: Conventional loans require a minimum of 620. However, FHA and VA options may accept lower scores.
- Stable income: You must provide proof of consistent employment or reliable income.
- Debt-to-income ratio (DTI): Your monthly debts should typically not exceed 43–50% of your gross income.
- Residency status: Applicants must be U.S. or Canadian citizens or legal residents.
- First-time buyer programs: TD offers special support for new buyers. These programs feature lower entry barriers and flexible terms.
Property Considerations
The property you’re financing must also meet certain criteria:
- Location: The property must be located in areas where TD Bank has authorization to lend.
- Property type: Single-family homes, condos, and townhouses generally qualify for financing.
- Usage: Most programs prioritize primary residences. In contrast, second homes and investment properties may require higher down payments or must meet stricter guidelines.
Looking to finance a second home or long-term investment? TD’s Home Loans and Investing Services can help you reach your property goals with confidence.
TD Group Mortgage: Documents & Application
TD designs the TD Group Mortgage application process to be as smooth and efficient as possible. It combines digital convenience with hands-on support. This allows borrowers to complete the process entirely online, over the phone, or with in-person guidance at a local branch. The steps remain consistent and transparent from start to finish, whether you’re a first-time buyer or refinancing an existing loan.
Necessary Documents
Before you submit your application, gathering essential documents helps speed up the process. These documents allow TD to assess your financial situation and determine your eligibility:
- Proof of income: This includes recent pay stubs, W-2 forms, or tax returns (especially if you’re self-employed).
- Credit report: TD will automatically retrieve your credit history with your permission. They use this to evaluate your repayment reliability.
- Asset statements: You’ll need to show bank account balances, retirement funds, or other savings. This confirms you can cover the down payment and closing costs.
- Identification: TD requires a valid government-issued ID, such as a driver’s license or passport, for identity verification.
- Property information: Include the purchase agreement or at least an estimated price if you’ve already found a home. This helps structure the loan terms.
Having these documents ready can reduce delays and make the application process more efficient.
Application Process
Once you organize your documents, the mortgage application follows a five-step process:
1. Get prequalified: Start by answering a few questions online or over the phone with a TD mortgage specialist. This gives you an idea of your potential loan amount.
2. Submit a full application: You can apply online, by phone, or in person. This step involves entering your financial details and selecting a loan product.
3. Upload required documents: TD will ask you to provide your income, asset, and ID documents. TD offers secure digital upload tools for convenience.
4. Underwriting and approval: TD’s underwriting team reviews your application, credit profile, and property details. This process usually takes 30 to 45 days.
5. Close the loan: If TD approves your application, you’ll attend a closing appointment to sign final documents. After that, you’ll receive the keys and officially become a homeowner.
Throughout this process, TD offers personalized assistance and regular updates. Therefore, you always know where your application stands.
If you’re a business owner seeking growth capital or real estate funding, TD also offers Business Loans. They design these services to support your long-term success.
TD Group Mortgage: Terms, Rates, and Fees
Understanding the terms and costs of your mortgage proves crucial when choosing the right loan and planning your long-term finances. TD Group Mortgage offers flexible term options, competitive interest rates, and repayment choices. You can tailor these options to suit your lifestyle and budget. Whether you prefer the security of a fixed rate or the flexibility of an adjustable-rate mortgage, evaluating all aspects before committing remains important.
Common Loan Terms
TD Bank provides a variety of term lengths and repayment structures to meet different needs:
- Loan terms: Borrowers can choose from 10, 15, 20, or 30-year options. The 30-year fixed-rate loan remains the most common choice because it provides lower monthly payments.
- Prepayment options: TD allows borrowers to prepay up to 15% of the loan annually on closed mortgages without penalties. However, open mortgages may offer even more flexibility.
- Payment frequency: Most customers pay monthly. Nevertheless, bi-weekly payments are also available. These can help pay down the mortgage faster and reduce total interest.
These options allow borrowers to manage their payments on their schedule. Additionally, they offer opportunities to save in the long run.
Interest Rates and Estimated Fees
TD offers both fixed and adjustable-rate mortgages. Their rates reflect current market trends and the applicant’s credit profile. Below you’ll find an estimated range of annual percentage rates (APRs) and applicable fees as of June 2025:
| Loan Type | Estimated APR | Fees and Features |
| Fixed-Rate 30-Year | 6.50% – 7.00% | Standard origination and closing costs |
| Adjustable-Rate (ARM) 5/1 | 5.75% – 6.50% | Rate caps apply after the fixed period |
| TD Right Step Mortgage | 6.25% – 6.75% | No PMI; reduced closing costs |
| TD Home Access Mortgage | 6.00% – 6.50% | $5,000 lender credit for closing costs |
| FHA / VA / HomeReady Loans | 5.50% – 6.50% | Fees vary by program; they often include insurance |
| Mortgage Refinance | 5.75% – 6.75% | Standard fees: potential appraisal, title, and closing costs |
Note: These rates are estimates and may change. Your final rates depend on your creditworthiness, property type, loan amount, and chosen term. You can calculate the rate here.
TD’s transparent pricing and flexible structure help borrowers make informed decisions that match their financial goals.
Want an easier way to monitor your payments and track expenses? TD’s Checking Accounts and digital banking tools provide real-time insights and payment automation for mortgage management and more.
TD Group Mortgage: Customer Benefits
When you choose a TD Group Mortgage, you receive more than just a loan. Instead, you gain access to a range of extra benefits and support services that make homeownership more accessible, manageable, and rewarding. TD focuses on providing value throughout the entire mortgage journey, from application to final payment.
Featured Benefits of TD Mortgages
- TD Home Access Credit: Qualifying buyers may receive a $5,000 lender credit to help cover closing costs. This feature proves especially helpful for those who may worry about upfront expenses.
- No PMI Requirement: With the Right Step Mortgage, eligible borrowers can avoid private mortgage insurance (PMI). This saves hundreds of dollars each year in monthly payments.
- Dedicated mortgage specialists: TD connects you with local experts who offer personalized advice and step-by-step support throughout the entire loan process.
- User-friendly digital tools: Online rate calculators, prequalification forms, and paperless application systems make applying easy. Additionally, they help you track progress and manage documents on your schedule.
- Responsive customer service: TD’s multichannel support ensures your questions get answered quickly and clearly. This applies whether you prefer online chat, a phone call, or a face-to-face meeting at a branch.
These value-added features reflect TD’s commitment to more than just helping you secure a mortgage. They also support you well beyond the closing date.
Looking to build credit or access flexible financing? TD also offers Credit Card solutions. They design these products to fit your financial goals with competitive terms and convenient management tools.
FAQs about TD Group Mortgage
Have questions about TD Group Mortgage? This section covers the most common concerns, from eligibility to loan types. This helps you move forward with confidence.
Can I apply for a TD mortgage if I’m not a TD Bank customer?
- Yes, you can apply. However, having an existing TD account can streamline the process.
What is the minimum credit score needed?
- Conventional loans recommend a score of 620 or higher. However, FHA or VA loans may accept lower scores.
How long does mortgage approval take?
- The process typically takes 30–45 days from application to closing.
Can I use a TD mortgage for a second home?
- Yes, you can. Nevertheless, terms and down payment requirements may differ from primary residence loans.
What states or provinces does TD operate in?
- TD offers mortgage services primarily along the East Coast in the U.S. In Canada, they provide services nationwide.
Are mortgage rates negotiable?
- TD may adjust rates based on creditworthiness, loan type, and market conditions. Always ask your loan officer.
Looking to grow your wealth while managing your TD Group Mortgage? Explore TD’s Investing Services, offering personalized advice, retirement planning tools, and a wide range of portfolio options to help you reach your financial goals.
A TD Group Mortgage represents more than just a home loan. It’s a personalized solution that decades of financial expertise, customer-first service, and flexible programs back. These programs meet diverse housing needs. TD makes the process easier, more affordable, and more secure, whether you’re stepping into your first home or investing in your future.
