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Toronto's comfortable mortgage now at TD Canada Trust: bank will cover the Toron

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-22

<< - Homebuyers have until March 21, 2008 - No requirement to have a current account with TD Canada Trust - Choice of two mortgages available >>

TORONTO, Nov. 22 /CNW/ - TD Canada Trust announced today that it willcover the new City of Toronto land transfer tax on behalf of its customerswhen they arrange a mortgage between November 22, 2007 and March 21, 2008.

In response to the City of Toronto's increase to the land transfer tax,TD Canada Trust will provide up to 1.50% of the mortgage amount in cash tocover this expense for customers obtaining a new fixed rate closed mortgagewith a term of 5 or 7 years.

    Homebuyers do not have to have a current account with TD Canada Trust in    order to be eligible for this offer.    <<    Who's eligible?:    -  Those who arrange and fund a 5 year Special Fixed Rate Mortgage or a       7 Year Special Fixed Rate Mortgage between November 22, 2007 and       March 21, 2008.    -  Those purchasing Toronto properties which were affected by the new       City of Toronto Land Transfer Tax    >>
"We're very pleased to be able to provide this limited time offer tothose who are buying a home in Toronto between now and March 21, 2008," saidJoan Dal Bianco, Vice President, Real Estate Secured Lending, TD Canada Trust."We know that our offer means one less thing to worry about and will help takethe pressure off of purchasing for homebuyers impacted by the land transfertax increase."

The offer is not available in conjunction with any other offers and themaximum cash amount is $15,000.

About TD Bank Financial Group

The Toronto-Dominion Bank and its subsidiaries are collectively known asTD Bank Financial Group. TD Bank Financial Group serves more than 14 millioncustomers in four key businesses operating in a number of locations in keyfinancial centres around the globe: Canadian Personal and Commercial Banking,including TD Canada Trust; Wealth Management, including TD Waterhouse and aninvestment in TD Ameritrade; U.S. Personal and Commercial Banking through TDBanknorth; and Wholesale Banking, including TD Securities. TD Bank FinancialGroup also ranks among the world's leading on-line financial services firms,with more than 4.5 million on-line customers. TD Bank Financial Group hadCDN$404 billion in assets as of July 31, 2007. The Toronto-Dominion Banktrades on the Toronto and New York Stock Exchanges under the symbol "TD", aswell as on the Tokyo Stock Exchange.

For further information

Kelly Hechler, Media Relations, TD BankFinancial Group, (416) 982-2469,

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