TD Bank Home Equity Loans Review

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

What are the home equity loan requirements of TD Bank Home Equity Loans

This lender's maximum loan to value rate is 89.9%. That means the total debt secured by the property cannot exceed 89.9% of its value. Let's say you own a property with a current market value of $100k, but you still owe $20k on your mortgage. Your equity would be $80k. In this scenario, if you have good credit, you may qualify for a line of credit of up to $69.9k.

What home equity loan rates does TD Bank Home Equity Loans offer?

TD Bank Home Equity Loans offers home equity loans with a fixed APR that ranges from 4.59% up to 9.76%.

Remember the APRs of home equity loans do not include points and financing charges, just the interest rate.

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

TD Bank Home Equity Loans will typically fund home equity loans within 30 and 45 days of approval.

What fees does TD Bank Home Equity Loans charge for a home equity loan?

TD Bank Home Equity Loans may charge a loan origination fee of $99.

What types of property can you use as security for a home equity loan with TD Bank Home Equity Loans?

Lenders often have restrictions on the type of properties they will accept as security for a home equity loan. TD Bank Home Equity Loans will consider loans secured by the following property types:

• Primary home.
• Secondary homes and vacation properties.
• Investment properties and house flipping projects.