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Think owning a home is out of reach? Think again.

Think owning a home is out of reach? Think again.


It's important to find a mortgage that meets your needs – and traditional mortgages may not be for everyone. We're here to help you make that important decision.

Our TD Right Step Mortgage® offers qualified buyers a low-rate alternative to conventional or FHA-backed loans.1

The TD Right Step Mortgage includes:

  • Flexible options: downpayment may be as low as 3% without the added cost of private mortgage insurance (PMI), typically required when borrowers put down less than 20%2
  • Substantial savings: no PMI requirement may help you save between $50 and $100 on your monthly mortgage payment3
  • Broad availability: eligible for condominiums, single-family and multi-unit homes4
  • Legendary service: simplified underwriting and appraisal process – and we'll be with you every step

At this time, TD Right Step Mortgage quotes are only available by contacting a mortgage advisor. Talk with us today.

Loans subject to credit approval.

1Low and moderate income borrowers have a verified qualifying income which is 80% or less of HUD Median Income for area.

2TD Right Step Mortgage Example Costs
The rates shown below are an example only, are not guaranteed and are subject to change. The information provided assumes the following: an excellent credit score rating of 740; and the purpose of the loan is to purchase a property, an existing single family home to be used as a primary residence with an estimated property value of $250,000, a 3% down payment and loan value of $242,500. The property is located in Framingham, MA, and is within Middlesex County. The rate reflects a 60 day rate lock period.

Sample chart. Potential rate: 3.855%; Potential APR: 3.909%; Points: 0.00%; Potential Monthly Payment Schedule: 359 payments of $1,137.55 at 3.855%, 1 payment of $1,138.45 at 3.855%.

This is not a credit decision or a commitment to lend. Your actual rate will depend on various factors including, but not limited to loan type, credit profile, property type, appraised value, occupancy, subordinate financing and loan size. If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums. Subordinate financing not included, if loan has subordinate financing there could be an additional .750% in points.

3Estimated saving based on the average cost of private mortgage insurance, which on average ranges from 0.3% to 1.15% of the base loan amount.

4Available on primary residences only. Excludes second homes and investment properties. Ask us for more details.

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