TD increases cash rebates on Green Mortgages and Green Home Equity Lines
of Credit (HELOC) from April 25 to July 31, 2008
TORONTO, April 25 /CNW/ - TD Canada Trust announced today it is
increasing the cash rebate on its Green Mortgage and Green Home Equity Line of
Credit for qualified purchasers who apply between April 25th to
July 31st, 2008.
Customers will continue to receive 1% off the posted interest rate on a
five-year fixed rate mortgage or on a five-year fixed rate portion of a Home
Equity Line of Credit AND will now receive a cash rebate up to 1.5% (up from
the regular rebate of up to 1%) of the amount of the mortgage/HELOC when
customers make ENERGY STAR qualified purchases.
In addition, TD Canada Trust will donate $100 to the TD Friends of the
Environment Foundation each time a customer receives a rebate.
"Both our Green Mortgage and Green HELOC products meet a growing desire
among customers to make environmentally friendly choices like energy efficient
upgrades or purchases," said Joan Dal Bianco, Vice President, Real Estate
Secured Lending, TD Canada Trust. "At TD we are very committed to the
environment, so it's great to be able to offer even more of an incentive for
homebuyers to go green."
A wide range of ENERGY STAR qualified products are eligible for rebate in
the following categories:
- Major appliances
- Heating, cooling and ventilation equipment and controls
- Windows, doors and skylights
The cost of a residential energy efficiency assessment is also eligible
for the rebate.
About TD Bank Financial Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as
TD Bank Financial Group. TD Bank Financial Group serves more than 14 million
customers in four key businesses operating in a number of locations in key
financial centres around the globe: Canadian Personal and Commercial Banking,
including TD Canada Trust; Wealth Management, including TD Waterhouse and an
investment in TD Ameritrade; U.S. Personal and Commercial Banking through TD
Banknorth and Commerce Bank; and Wholesale Banking, including TD Securities.
TD Bank Financial Group 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 had CDN$435 billion in assets, as of January 31, 2008. The
Toronto-Dominion Bank trades on the Toronto and New York Stock Exchanges under
the symbol "TD", as well as on the Tokyo Stock Exchange.
For further information: Kelly Hechler, TD Bank Financial Group, (416)
982-2469