With a TD Bank Construction-to-Permanent Mortgage, you can expect:

• Fixed or adjustable-rate options for primary or second homes
• Flexible down payment options
• Interest-only payments during the construction phase
• Conversion to a fixed-rate mortgage after the construction phase

What are the benefits of a TD Bank Construction-to-Permanent Mortgage?

• Save money on closing costs
  You’ll have just one application and one closing, so you will only pay closing costs one time
• Lock in your interest rate
  Your interest rate can be locked in at the start of construction when your loan closes. Interest rates will be based on individual qualification details, although in general they are in line with interest rates for the purchase of an existing home
• Provide documentation only once
  With one application and closing you’ll only have to provide your credit, income and assets documentation once

 TD Bank, N.A. Loans subject to credit approval. Equal Housing Lender