Home / Mortgages / Switch to TD Mortgages

Switch to TD Mortgages

If you’re planning to switch your mortgage from another financial institution to TD Canada Trust we're ready for you.

Moving on over

Our flexible mortgage options and knowledgeable TD Mortgage Specialists can help you save money and pay your mortgage off faster. These are just some of the reasons to switch your mortgage to TD today. Let us show you how to renew or refinance your mortgage with our competitive rates and our flexible mortgage payment features.

We can make it easy

You can switch your mortgage loan from your current lender any time, but it's best to do it close to the maturity date. A good rule of thumb is to begin exploring your options about 4 months (120 days) beforehand. When you speak with a TD Mortgage Specialist, together you’ll determine your goals and find the right mortgage loan for you. Once you’ve made your choice, we’ll take care of the rest.

Simple questions

Once you've decided to switch to TD, some of the questions you might consider when you meet with a TD Mortgage Specialist include:

  • How can you save money and pay off your mortgage faster?
  • Is now a good time to use some of the equity in your home to finance other needs such as a renovation, education, or debt consolidation?
  • Which term makes the most sense for you?
  • Should you choose a fixed or variable interest rate mortgage?

Here’s what you’ll need:

  1. A copy of your renewal offer from your current financial institution, if it’s available. If not, your annual statement for the mortgage.

  2. Evidence of land ownership, such as your most recent Property Tax Bill

  3. Confirmation of income, such as a recent pay stub

  4. A copy of your property insurance statement

  5. A void cheque

We'll guide you through

Our approval process is speedy and straightforward. Next, we guide you through the transition. TD can help you:

  • Discharge the existing mortgage
  • Register the new mortgage
  • Identify any applicable fees
  • Advise you how to save money and pay off your mortgage faster

Other useful information

Let’s connect

Have a question? Find answers here