Td Bank Mortgage Rates, Fees & Info

Wilmington, DE

LEI: 03D0JEWFDFUS0SEEKG89

Tax ID: 01-0137770

4.9 stars - Updated: 3/4/24 - out of 5 stars, based on 182 reviews

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Td Bank is a large bank specializing in Home Purchase and Refi loans. Td Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: New York, Miami, Philadelphia, Boston, and Washington among others. We have data for 162 markets. (Some data included below & more in-depth data is available with an active subscription.)

Td Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Td Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.48% 3/4/24
30 Year Conventional Purchase 6.02% 3/4/24
30 Year Conventional Refi 5.92% 3/4/24
30 Year Cash-out Refi 6.36% 3/4/24
30 Year FHA Purchase 6.69% 3/4/24
30 Year FHA Refi 6.63% 3/4/24
30 Year VA Purchase 5.75% 3/4/24
30 Year VA Refi 5.92% 3/4/24
30 Year USDA Purchase 6.22% 3/4/24
15 Year Conventional Purchase 5.83% 3/4/24
15 Year Conventional Refi 5.79% 3/4/24
15 Year Cash-out Refi 5.79% 3/4/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Td Bank Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Td Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

32,964

Origination Dollar Volume (All Markets)

$11,718,260,000
Show all (66) awards

Relative Rate

Td Bank's average 30 year fixed mortgage rate was 5.13%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.37%.

Relative Fees (Closing Costs)

Td Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $5,452.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 10,988 $4,453,800,000 $405,333 $5,390 5.04%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2,661 $937,685,000 $352,381 $4,486 5.33%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3,574 $907,620,000 $253,951 $3,224 5.27%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 2,150 $834,240,000 $388,019 $3,171 4.97%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1,342 $551,240,000 $410,760 $4,181 5.19%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 402 $282,540,000 $702,836 $5,622 4.58%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 439 $237,135,000 $540,171 $6,375 4.97%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 333 $211,305,000 $634,550 $5,148 4.80%
Outside of Metro Areas 620 $171,560,000 $276,710 $3,959 5.09%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 310 $171,000,000 $551,613 $4,857 4.97%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 485 $164,275,000 $338,711 $5,179 5.45%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 253 $145,235,000 $574,051 $2,908 5.40%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 496 $138,140,000 $278,508 $3,883 5.34%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 554 $129,190,000 $233,195 $2,259 5.01%
OCEAN CITY, NJ (FHA|USDA|VA) 189 $99,725,000 $527,646 $4,463 4.82%
JACKSONVILLE, FL (FHA|USDA|VA) 217 $94,265,000 $434,401 $6,689 5.12%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 269 $83,505,000 $310,428 $3,893 5.40%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 163 $83,275,000 $510,890 $7,098 4.84%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 416 $79,620,000 $191,394 $2,642 5.37%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 385 $77,915,000 $202,377 $1,838 5.39%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 228 $68,000,000 $298,246 $2,927 5.12%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 272 $67,600,000 $248,529 $3,285 5.44%
WORCESTER, MA-CT (FHA|USDA|VA) 327 $66,435,000 $203,165 $2,857 5.37%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 317 $65,875,000 $207,808 $3,036 5.40%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 254 $61,660,000 $242,756 $2,492 5.46%
SALISBURY, MD-DE (FHA|USDA|VA) 114 $58,560,000 $513,684 $5,149 4.88%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 228 $57,610,000 $252,675 $4,258 5.39%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 143 $57,565,000 $402,552 $4,890 4.94%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 224 $57,030,000 $254,598 $3,527 5.41%
PORT ST. LUCIE, FL (FHA|USDA|VA) 244 $53,910,000 $220,943 $2,838 5.31%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 230 $53,770,000 $233,783 $3,362 5.35%
ASHEVILLE, NC (FHA|USDA|VA) 128 $53,060,000 $414,531 $4,661 4.80%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 133 $51,835,000 $389,737 $4,787 4.99%
SPRINGFIELD, MA (FHA|USDA|VA) 315 $51,625,000 $163,889 $2,492 5.34%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 235 $51,245,000 $218,064 $3,318 5.47%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $47,905,000 $47,905,000 $0 1.46%
GAINESVILLE, FL (FHA|USDA|VA) 116 $47,900,000 $412,931 $5,117 4.68%
COLUMBIA, SC (FHA|USDA|VA) 198 $46,990,000 $237,323 $3,399 5.02%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 190 $46,290,000 $243,632 $3,665 5.48%
Key West, FL (FHA|USDA|VA) 32 $38,700,000 $1,209,375 $10,994 4.68%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 160 $38,550,000 $240,938 $3,594 5.29%
RALEIGH-CARY, NC (FHA|USDA|VA) 57 $37,345,000 $655,175 $4,263 4.68%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 112 $32,200,000 $287,500 $4,205 5.21%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 71 $22,375,000 $315,141 $3,492 4.59%
WILMINGTON, NC (FHA|USDA|VA) 54 $21,420,000 $396,667 $4,062 5.06%
Concord, NH (FHA|USDA|VA) 152 $21,170,000 $139,276 $952 5.69%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 98 $20,800,000 $212,245 $3,796 5.00%
OCALA, FL (FHA|USDA|VA) 75 $19,035,000 $253,800 $3,878 5.01%
Barre, VT (FHA|USDA|VA) 26 $18,390,000 $707,308 $3,614 4.69%
RICHMOND, VA (FHA|USDA|VA) 53 $18,085,000 $341,226 $4,416 5.44%
KINGSTON, NY (FHA|USDA|VA) 44 $16,530,000 $375,682 $5,419 4.52%
Seneca, SC (FHA|USDA|VA) 26 $15,860,000 $610,000 $11,669 4.65%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 35 $15,205,000 $434,429 $3,741 4.91%
Lebanon, NH-VT (FHA|USDA|VA) 62 $14,790,000 $238,548 $3,211 4.88%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 68 $14,620,000 $215,000 $1,922 5.59%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 79 $14,295,000 $180,949 $3,282 5.20%
GLENS FALLS, NY (FHA|USDA|VA) 77 $14,175,000 $184,091 $2,964 5.08%
Laconia, NH (FHA|USDA|VA) 74 $13,000,000 $175,676 $1,701 5.34%
Torrington, CT (FHA|USDA|VA) 70 $12,910,000 $184,429 $3,104 5.07%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 39 $12,355,000 $316,795 $6,782 4.94%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 27 $11,965,000 $443,148 $4,686 4.76%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 31 $11,845,000 $382,097 $4,928 4.75%
BANGOR, ME (FHA|USDA|VA) 89 $11,835,000 $132,978 $1,044 5.44%
Keene, NH (FHA|USDA|VA) 82 $11,820,000 $144,146 $1,784 5.46%
PUNTA GORDA, FL (FHA|USDA|VA) 38 $11,450,000 $301,316 $5,297 5.00%
PITTSBURGH, PA (FHA|USDA|VA) 25 $10,625,000 $425,000 $4,268 4.85%
Augusta-Waterville, ME (FHA|USDA|VA) 56 $10,540,000 $188,214 $3,031 4.88%
PITTSFIELD, MA (FHA|USDA|VA) 40 $10,330,000 $258,250 $2,191 4.95%
Georgetown, SC (FHA|USDA|VA) 28 $10,170,000 $363,214 $3,917 4.96%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 12 $9,600,000 $800,000 $9,667 4.21%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 13 $9,295,000 $715,000 $4,144 4.64%
Plattsburgh, NY (FHA|USDA|VA) 51 $9,135,000 $179,118 $1,831 5.67%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 24 $8,720,000 $363,333 $6,003 4.64%
Morehead City, NC (FHA|USDA|VA) 11 $8,475,000 $770,455 $5,963 4.41%
Marion, NC (FHA|USDA|VA) 11 $8,205,000 $745,909 $4,747 3.99%
EAST STROUDSBURG, PA (FHA|USDA|VA) 36 $7,740,000 $215,000 $5,941 5.55%
Hudson, NY (FHA|USDA|VA) 28 $7,390,000 $263,929 $3,758 5.06%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 54 $7,120,000 $131,852 $1,624 5.57%
SPARTANBURG, SC (FHA|USDA|VA) 47 $6,885,000 $146,489 $2,062 5.57%
Boone, NC (FHA|USDA|VA) 11 $6,815,000 $619,545 $6,358 4.08%
PANAMA CITY, FL (FHA|USDA|VA) 9 $6,475,000 $719,444 $7,761 4.24%
DOVER, DE (FHA|USDA|VA) 37 $6,025,000 $162,838 $1,850 5.67%
Bennington, VT (FHA|USDA|VA) 24 $5,950,000 $247,917 $4,969 4.92%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 13 $5,525,000 $425,000 $5,159 5.21%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 22 $5,470,000 $248,636 $3,264 4.99%
Cullowhee, NC (FHA|USDA|VA) 7 $5,345,000 $763,571 $12,412 3.68%
Kill Devil Hills, NC (FHA|USDA|VA) 10 $5,300,000 $530,000 $7,717 4.62%
THE VILLAGES, FL (FHA|USDA|VA) 20 $5,230,000 $261,500 $3,714 4.21%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 13 $5,225,000 $401,923 $6,870 4.97%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 27 $5,045,000 $186,852 $2,931 5.24%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 46 $5,040,000 $109,565 $1,057 5.51%
ROCHESTER, NY (FHA|USDA|VA) 16 $4,930,000 $308,125 $4,200 4.59%
Brevard, NC (FHA|USDA|VA) 10 $4,920,000 $492,000 $5,277 4.18%
SYRACUSE, NY (FHA|USDA|VA) 14 $4,870,000 $347,857 $5,528 4.78%
ROANOKE, VA (FHA|USDA|VA) 9 $4,865,000 $540,556 $9,081 4.13%
Newberry, SC (FHA|USDA|VA) 21 $4,785,000 $227,857 $3,744 4.98%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 15 $4,735,000 $315,667 $6,097 4.83%
READING, PA (FHA|USDA|VA) 23 $4,665,000 $202,826 $3,758 5.07%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 14 $4,660,000 $332,857 $5,524 5.22%
Palatka, FL (FHA|USDA|VA) 18 $4,240,000 $235,556 $4,689 4.72%
LANCASTER, PA (FHA|USDA|VA) 16 $4,220,000 $263,750 $4,725 5.76%
Rutland, VT (FHA|USDA|VA) 23 $4,215,000 $183,261 $3,187 5.50%
WINSTON-SALEM, NC (FHA|USDA|VA) 13 $4,205,000 $323,462 $4,194 4.93%
Vineyard Haven, MA (FHA|USDA|VA) 4 $4,180,000 $1,045,000 $5,863 3.40%
Forest City, NC (FHA|USDA|VA) 17 $4,035,000 $237,353 $3,448 5.27%
YORK-HANOVER, PA (FHA|USDA|VA) 5 $3,625,000 $725,000 $5,694 5.77%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 16 $3,410,000 $213,125 $3,688 5.27%
BINGHAMTON, NY (FHA|USDA|VA) 10 $2,700,000 $270,000 $4,307 4.45%
Greenwood, SC (FHA|USDA|VA) 6 $2,590,000 $431,667 $5,611 4.44%
JACKSONVILLE, NC (FHA|USDA|VA) 9 $2,585,000 $287,222 $2,834 5.23%
TALLAHASSEE, FL (FHA|USDA|VA) 6 $2,400,000 $400,000 $10,572 4.50%
Lake City, FL (FHA|USDA|VA) 17 $2,295,000 $135,000 $2,765 5.42%
Roanoke Rapids, NC (FHA|USDA|VA) 3 $2,235,000 $745,000 $5,990 4.04%
WINCHESTER, VA-WV (FHA|USDA|VA) 6 $2,180,000 $363,333 $3,202 5.09%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 6 $2,180,000 $363,333 $4,592 4.86%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 2 $2,100,000 $1,050,000 $5,237 4.20%
Oneonta, NY (FHA|USDA|VA) 5 $1,695,000 $339,000 $6,864 3.83%
LEBANON, PA (FHA|USDA|VA) 4 $1,680,000 $420,000 $6,100 4.86%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 3 $1,125,000 $375,000 $3,771 4.32%
FAYETTEVILLE, NC (FHA|USDA|VA) 5 $1,115,000 $223,000 $1,304 6.15%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 7 $1,095,000 $156,429 $2,091 6.59%
STATE COLLEGE, PA (FHA|USDA|VA) 5 $1,055,000 $211,000 $4,148 4.49%
GREENVILLE, NC (FHA|USDA|VA) 5 $995,000 $199,000 $2,316 3.59%
LYNCHBURG, VA (FHA|USDA|VA) 2 $990,000 $495,000 $5,542 4.31%
FLORENCE, SC (FHA|USDA|VA) 8 $960,000 $120,000 $3,123 5.79%
ITHACA, NY (FHA|USDA|VA) 2 $910,000 $455,000 $6,725 3.19%
Olean, NY (FHA|USDA|VA) 2 $900,000 $450,000 $9,752 3.69%
CUMBERLAND, MD-WV (FHA|USDA|VA) 2 $880,000 $440,000 $4,726 5.25%
Ogdensburg-Massena, NY (FHA|USDA|VA) 4 $740,000 $185,000 $4,876 3.56%
ROCKY MOUNT, NC (FHA|USDA|VA) 2 $700,000 $350,000 $5,119 4.56%
BURLINGTON, NC (FHA|USDA|VA) 3 $685,000 $228,333 $5,515 5.75%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $685,000 $685,000 $8,441 4.50%
UTICA-ROME, NY (FHA|USDA|VA) 4 $680,000 $170,000 $3,345 5.56%
ELMIRA, NY (FHA|USDA|VA) 3 $655,000 $218,333 $4,230 4.54%
Pottsville, PA (FHA|USDA|VA) 4 $650,000 $162,500 $7,606 6.12%
Easton, MD (FHA|USDA|VA) 2 $640,000 $320,000 $0 4.47%
Orangeburg, SC (FHA|USDA|VA) 3 $595,000 $198,333 $2,426 3.73%
ALTOONA, PA (FHA|USDA|VA) 2 $540,000 $270,000 $2,989 5.94%
GOLDSBORO, NC (FHA|USDA|VA) 1 $405,000 $405,000 $8,080 4.63%
WILLIAMSPORT, PA (FHA|USDA|VA) 1 $375,000 $375,000 $4,739 6.00%
STAUNTON, VA (FHA|USDA|VA) 2 $360,000 $180,000 $2,334 5.11%
Malone, NY (FHA|USDA|VA) 2 $340,000 $170,000 $2,488 5.10%
Auburn, NY (FHA|USDA|VA) 1 $335,000 $335,000 $3,454 5.13%
Wilson, NC (FHA|USDA|VA) 2 $330,000 $165,000 $2,585 6.35%
Berlin, NH (FHA|USDA|VA) 4 $330,000 $82,500 $232 6.21%
JOHNSTOWN, PA (FHA|USDA|VA) 3 $315,000 $105,000 $3,417 5.54%
SUMTER, SC (FHA|USDA|VA) 3 $295,000 $98,333 $99 5.46%
NEW BERN, NC (FHA|USDA|VA) 3 $285,000 $95,000 $50 4.50%
Henderson, NC (FHA|USDA|VA) 1 $275,000 $275,000 $7,367 4.50%
Albemarle, NC (FHA|USDA|VA) 2 $270,000 $135,000 $2,880 4.43%
Washington, NC (FHA|USDA|VA) 1 $245,000 $245,000 $5,477 4.88%
Martinsville, VA (FHA|USDA|VA) 1 $235,000 $235,000 $2,592 3.75%
Batavia, NY (FHA|USDA|VA) 1 $235,000 $235,000 $5,604 5.88%
Cambridge, MD (FHA|USDA|VA) 1 $225,000 $225,000 $3,109 3.75%
Sunbury, PA (FHA|USDA|VA) 1 $205,000 $205,000 $2,907 5.00%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $205,000 $205,000 $2,951 3.13%
Mount Airy, NC (FHA|USDA|VA) 1 $165,000 $165,000 $3,195 7.00%
North Wilkesboro, NC (FHA|USDA|VA) 1 $165,000 $165,000 $0 6.44%
Sanford, NC (FHA|USDA|VA) 2 $100,000 $50,000 $2,874 5.41%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $95,000 $95,000 $0 4.94%
Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 1 $75,000 $75,000 $4,476 5.75%
Amsterdam, NY (FHA|USDA|VA) 1 $65,000 $65,000 $4,236 5.13%
Td Bank's top markets include New York, Miami, Philadelphia, Boston, and Washington among others.

Their top states include:
  • New York (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 16,522 $8,593,550,000 $520,128 $4,275 4.65%
    HELOC 16,198 $3,038,970,000 $187,614 n/a 5.65%
    FHA 178 $64,070,000 $359,944 $9,576 4.36%
    VA 60 $20,250,000 $337,500 $6,812 3.98%
    USDA 6 $1,420,000 $236,667 $5,051 4.17%

    For 2022, Td Bank's most frequently originated type of loan was Conventional, with 16,522 originations. Their 2nd most popular type was HELOC, with 16,198 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 12,054 $1,968,810,000 $163,333 $563 5.70%
    Home Purchase 8,974 $5,843,190,000 $651,124 $6,971 4.36%
    Refi 5,421 $2,501,905,000 $461,521 $3,071 4.73%
    Other 5,381 $816,405,000 $151,720 $437 5.91%
    Cash Out Refi 1,134 $587,950,000 $518,474 $4,986 3.61%

    For 2022, Td Bank's most frequently cited loan purpose was Home Improvement, with 12,054 originations. The 2nd most popular reason was Home Purchase, with 8,974 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 28,729 $10,229,915,000 $356,083 $5,452 5.13%
    15 Year 2,029 $441,865,000 $217,775 $1,620 4.75%
    20 Year 993 $142,155,000 $143,157 $88 5.60%
    10 Year 972 $549,520,000 $565,350 $84 5.52%
    5 Year 208 $200,320,000 $963,077 $73 5.76%
    Other 31 $123,475,000 $3,983,065 $0 4.03%
    3 Year 2 $31,010,000 $15,505,000 $0 3.38%

    For 2022, Td Bank's most frequently cited loan duration was 30 Year, with 28,729 originations. The 2nd most popular length was 15 Year, with 2,029 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 10,393 $3,309,475,000 $318,433
    $2k-3k 1,375 $985,685,000 $716,862
    $1k-2k 1,315 $504,345,000 $383,532
    $5k+ 1,232 $1,275,750,000 $1,035,511
    $3k-4k 806 $718,060,000 $890,893
    $4k-5k 542 $580,250,000 $1,070,572

    Td Bank's average total fees were $5,452, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 10,393 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 8,907 $3,468,445,000 $389,407
    5-6% 6,921 $1,734,545,000 $250,621
    3-4% 6,642 $3,759,950,000 $566,087
    6-7% 3,911 $646,305,000 $165,253
    7-8% 3,249 $426,425,000 $131,248
    2.5-3% 1,561 $1,169,475,000 $749,183
    Over 8% 1,384 $114,730,000 $82,897
    <2.5% 388 $396,280,000 $1,021,340
    % 1 $2,105,000 $2,105,000

    During 2022, Td Bank's average interest rate for loans was 5.13%, while their most frequently originated rate bucket for loans was 4-5%, with 8,907 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 8,419 $1,101,285,000 $130,809 $1,408 5.22%
    $100,000 or less 8,283 $476,445,000 $57,521 $259 6.35%
    $200k-400k 7,566 $2,040,240,000 $269,659 $3,733 4.81%
    $400k-600k 3,657 $1,777,515,000 $486,058 $5,687 4.55%
    $600k-1MM 2,939 $2,221,935,000 $756,017 $7,640 3.98%
    $1MM+ 2,100 $4,100,840,000 $1,952,781 $11,327 3.86%

    2022 saw Td Bank place emphasis on $100k-200k loans with 8,419 originations, totaling $1,101,285,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 8,309 $2,510,995,000 $302,202 $4,492 5.13%
    $250k+ 7,778 $5,489,510,000 $705,774 $7,597 4.67%
    $100k-150k 7,052 $1,434,970,000 $203,484 $3,248 5.32%
    $75k-100k 3,929 $599,435,000 $152,567 $2,454 5.48%
    $50k-75k 3,408 $438,700,000 $128,727 $2,090 5.43%
    $50k or less 1,624 $152,700,000 $94,027 $1,592 5.39%

    Td Bank lent most frequently to those with incomes in the $150k-250k range, with 8,309 originations. The second most popular income band? $250k+, with 7,778 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 6,017 $2,114,345,000 $351,395 $4,459 4.91%
    30-36% 5,914 $2,115,520,000 $357,714 $4,573 5.01%
    42% 2,386 $858,000,000 $359,598 $4,776 5.46%
    <20% 2,077 $835,625,000 $402,323 $4,671 4.65%
    41% 1,666 $640,500,000 $384,454 $5,100 5.19%
    44% 1,569 $458,665,000 $292,330 $3,972 5.40%
    48% 1,529 $318,005,000 $207,982 $2,081 5.39%
    40% 1,462 $497,200,000 $340,082 $4,406 5.18%
    46% 1,449 $259,165,000 $178,858 $1,603 5.55%
    39% 1,322 $484,280,000 $366,324 $4,748 5.12%
    43% 1,308 $366,020,000 $279,832 $3,502 5.45%
    38% 1,258 $455,230,000 $361,868 $4,798 5.16%
    37% 1,180 $410,820,000 $348,153 $4,891 5.11%
    36% 1,101 $397,185,000 $360,749 $4,584 5.13%
    45% 1,024 $201,550,000 $196,826 $1,811 5.52%
    47% 859 $185,115,000 $215,501 $2,863 5.49%
    49% 404 $105,770,000 $261,807 $5,293 5.15%
    50-60% 145 $48,855,000 $336,931 $9,929 5.14%
    >60% 4 $3,570,000 $892,500 $4,880 3.81%

    Td Bank lent most frequently to those with DTI ratios of 20-30%, with 6,017 originations. The next most common DTI ratio? 30-36%, with 5,914 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 23,031 $7,439,905,000 $323,039 $4,083 5.15%
    Not provided 4,834 $1,592,350,000 $329,406 $4,056 5.22%
    Asian 2,782 $1,264,600,000 $454,565 $7,259 4.72%
    Not applicable 263 $952,985,000 $3,623,517 $0 4.10%
    Black 1,689 $368,175,000 $217,984 $3,276 5.59%
    Asian Indian 93 $39,425,000 $423,925 $5,700 4.51%
    American Indian 112 $17,480,000 $156,071 $1,590 5.92%
    Chinese 25 $12,495,000 $499,800 $7,897 4.14%
    Other Asian 36 $10,380,000 $288,333 $3,170 4.70%
    Native Hawaiian or Islander 52 $9,140,000 $175,769 $2,097 5.56%
    Other Pacific Islander 24 $5,990,000 $249,583 $7,188 5.45%
    Filipino 9 $2,165,000 $240,556 $3,548 5.03%
    Vietnamese 3 $1,355,000 $451,667 $8,465 4.77%
    Native Hawaiian 2 $810,000 $405,000 $4,688 3.50%
    Korean 6 $550,000 $91,667 $1,069 5.02%
    Japanese 3 $455,000 $151,667 $0 4.39%

    Approval Rates

    Total approvals of all applications
    74.80%

    Td Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    78.27%

    Td Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 32,964 $11,718,260,000 $355,487

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    32,964 $11,718,260,000 $355,487

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 8,740 $2,009,070,000 $229,871 $1,666 5.26%
    40-60% 3,863 $2,128,615,000 $551,026 $4,983 4.49%
    60-80% 5,820 $3,970,730,000 $682,256 $6,962 4.27%
    80-100% 4,107 $2,565,465,000 $624,657 $6,533 4.32%
    Over 100% 8 $6,470,000 $808,750 $17,139 4.46%
    Under 20% 10,417 $1,036,195,000 $99,472 $170 6.08%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    TD BANK US HOLDING COMPANY Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%
    TD BANK US HOLDING COMPANY Conventional home mortgage Closing on a mortgage 1 50.0%