I recently wrote about a TD Bank promotion that offered gift cards for using a debit card to purchase groceries. Now TD Bank has another offer aimed at getting people to apply for a mortgage.
If you apply for a mortgage loan to purchase or refinance a home, you get a shot at winning $250,000 to pay off your mortgage. Details of the offer include:
- Apply for a loan between March 7 and April 30, 2010
- Existing TD Bank mortgage customers are automatically entered into the drawing
- Six weekly winners get $2,500 toward their mortgage payment
- Grand prize winner to be announced in May
“As an Aaa-rated bank that is safe and sound, TD Bank does not sell our conforming or jumbo mortgage loans, creating an opportunity to strengthen our relationship with our customers,” said Michael Copley, Retail Lending Senior Vice President at TD Bank. ”Additionally, we continue to originate high quality performing loans. We are very excited to pay someone’s mortgage off and help our customer obtain the American dream despite the tough economy.”
If you plan to take advantage of the bank deal and apply for a mortgage, don’t forget to see if you are eligible for the homebuyer tax credit of up to $8,000.
- 6 Month CD %
- 1-year CD %
- 2-year CD %
- Money Market Account %
- Savings Account %
- 30-year Fixed Mortgage 3.62 %
Bank rates provided by MoneyRates.com based on average rates for deposits under $10K and conforming mortgage rates
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