TD Bank Home Equity Line of Credit Review

TD Bank Home Equity Line of Credit is offered by TD Bank, a bank founded in 1855 and based in Wilmington, DE. TD Bank Home Equity Line of Credit is available in 15 states (and Washington, DC).

Is there a minimum draw requirement?

No, there isn't a minimum draw requirement.

What range of rates does TD Bank Home Equity Line of Credit offer?

TD Bank Home Equity Line of Credit offers APRs starting at 3.99% and up to 18%.

Remember the APRs of HELOCs do not include points and financing charges, just the interest rate. Most home equity lines of credit have a variable interest rate. Fixed interest rates -- if available -- typically have higher APRs, but your monthly payments don't change over the life of the line of credit.

What is the estimated funding time for a home loan via TD Bank Home Equity Line of Credit?

TD Bank Home Equity Line of Credit will typically fund home equity lines of credit within 30 days of approval.

What fees does TD Bank Home Equity Line of Credit charge for a HELOC?

TD Bank Home Equity Line of Credit may charge a loan origination fee of $99 There is also an annual fee of $0.

What types of property can you use as security for a HELOC with TD Bank Home Equity Line of Credit?

Lenders often have restrictions on the type of properties they will accept as security for a HELOC. TD Bank Home Equity Line of Credit will consider lines of credit secured by the following property types:

• Primary homes.
• Secondary homes and vacation properties