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Can I purchase a home with the TD Home Equity FlexLine?

Purchasing with a Home Equity Line of Credit

You can purchase a home with a TD Canada Trust Home Equity Line of Credit. (HELOC). A HELOC is available both for a home purchase and as a source of credit for other purposes. For a purchase, you require a 20% down payment and you can put the balance on your HELOC. If your down payment is more than 20%, you could put the balance on your Line of Credit and have additional credit available to you.

To apply for a TD Home Equity FlexLine, please visit your local TD Canada Trust branch or you can apply with a Mobile Mortgage Specialist (MMS). Locate a Mobile Mortgage Specialist (MMS) in your area through our website or the TD mobile app in the contact us section.

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