Steps to Home Ownership
We can help you evaluate your financial readiness, learn to save for a down payment, check out mortgage rates, and understand your home ownership costs.
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Getting
Started -
Are You
Ready? -
Weighing Your Options
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Making It a Reality
The Journey
You’re on your way
Thinking about your first home? We have many great tools and resources to help you find the perfect place to call home.
Key Home Buying Terms You Should Know
Understand these home financing terms
Use this Glossary of Home Financing Terms to familiarize yourself with key terms as you work towards your home ownership goals.
Understanding Mortgages
Get to know the different types of mortgages
We can help you find the one that’s right for you.
What Do I Need To Get Approved?
Your home financing plan
If you’re thinking of purchasing a home, finalizing the paperwork is one of the last steps you take toward completing your home financing. Arriving prepared with the documentation you need will make the process comfortable.
Save For Your Down Payment
Once you decide to take the steps to make your home ownership dream a reality, there are lots of little things you can do to grow your down payment faster.
Calculate Your Expenses
Comfortable mortgage, comfortable home.
Determine how much you can afford by using our TD Mortgage Affordability Calculator.
- Stay on top of your spending with the TD MySpend app
Maximizing Your Credit Score
While you’re still in planning and house-hunting mode, take steps to confirm and improve your credit score. The higher your credit score, the more likely you are to be approved for your first mortgage.
Determine What You Can Afford
You’ve saved some money and made home ownership a goal. Congratulations! You’re on your way to one of the most exciting purchases you’ll ever make. Before you begin looking for your first home, few things are as important as understanding what you can afford.
- Determine what you can afford with our TD Mortgage Affordability Calculator
- How Much Can I Borrow? Video
- How Much Home Can You Really Afford? Video
Home Financing Options
How do I know which home financing option to choose?
Home financing is one of the most important steps towards years of comfort, happiness and peace of mind in your home. We've got the resources that can help you get there.
- Find the right mortgage with our Which Mortgage Works For Me?
House or Condo?
Match your mortgage to your lifestyle
Home financing that meets your needs can make home ownership a comfortable and rewarding experience. But finding the right type of home is a personal decision based on your lifestyle and plans for the future. Try our Home Buying Quick Guide - an interactive tool that can help you choose home financing that is most comfortable for you.
Protect Yourself And Your Home
Life can be unpredictable. It can be filled with wonderful moments — and life-changing challenges. Protect yourself and your home with our Credit Protection Solutions for your mortgage.
TD Flexible Features
TD mortgages have flexible payment options and can help you prepare for the unexpected. Whether you’re having a baby, taking a sabbatical, or your financial needs grow and change with time, a TD mortgage offers a range of flexible features to suit you.
Other Costs
Closing costs are the legal and administrative fees and disbursements associated with buying your home. Understanding each one will help you budget more accurately and lead to a more comfortable home buying experience.
Ongoing Expenses of Home Ownership
You’ve heard the term “house-poor.” It means your home ownership expenses are so high that you don’t have any money left to maintain your lifestyle. You can avoid this by taking an honest look at your expenses and your savings plan so you can budget for your home.
- Determine your monthly payments with our Mortgage Payment Calculator
Start your Pre-Approval
Find a Mortgage Specialist that's close to you and request a meeting.
Have a Mortgage Specialist visit you