TD Home Equity FlexLine/Home Equity Line of Credit Term Portion Payment Deferral Form

If you are experiencing financial hardship, you can request to defer up to 6 months of payments on your Term Portion(s). It's important that you understand the impact.

Am I eligible?

  • Only the Term Portions of your TD Home Equity FlexLine or Home Equity Line of Credit are eligible for payment deferral. If you only have a Revolving Portion, you cannot request a payment deferral.
  • The program is being administered on a case-by-case basis to individuals whose term portions are in good standing, and will be available until at least September 30, 2020.
  • You must be enrolled for EasyWeb. If you are not currently registered for EasyWeb, register online today.

Things to consider

By choosing to defer payments on your Term Portion(s), it means that you are not paying the principal down and interest will continue to accrue. This will increase your amortization period. Payments made after the deferral period will be applied first to outstanding accrued interest until all interest owed is repaid.

You can request deferrals on each of the Term Portions you have.

If you would like to defer your Credit Protection premiums, please have the insured borrowers call 1-888-983-70701-888-983-7070. Unless deferred, Credit Protection premiums will continue to be charged to your Revolving Portion.

What will I need before I request a Payment Deferral?

You will need to confirm that you have a Term Portion. You will also need to locate your transit number, TD Home Equity FlexLine/Home Equity Line of Credit number, Term Portion Numbers, and the payment frequency for each term portion.

Confirm that you have a Term Portion

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In EasyWeb, navigate to your Line of Credit - Home Equity account page by clicking on your account number. Your TD Home Equity FlexLine/ Home Equity Line of Credit will display the Revolving Portion and Term Portion(s) separately. If you do not see a section titled "Term Portion – Fixed Rate" or "Term Portion – Variable Rate", you do not have a Term Portion and you cannot defer any payments. If you have multiple Term Portions, they will all be listed here.

Find your Transit, TD Home Equity FlexLine/Home Equity Line of Credit, and Term Portion Numbers

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To find these, please visit EasyWeb and navigate to your Line of Credit - Home Equity account page.

On your account page, you will find your Transit Number (up to 4 digits), your TD Home Equity FlexLine/Home Equity Line of Credit (up to 7 digits), and your Term Portion Numbers (up to 2 Digits).

Find the payment frequency on your Term Portion(s)

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Payment frequency will also be required and can be found on your Term Portion Account Details page in EasyWeb. If you have multiple, each Term Portion could have different payment frequencies. So be sure to check every Term Portion that you wish to request a payment deferral for.

Mortgage Payment Deferral Form

If you are looking to defer a Mortgage payment, please use the Mortgage Payment Deferral Form. 

You’ll first be directed to the EasyWeb login page. If you are not currently registered for EasyWeb, register online today.

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