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PRESCREEN & OPT OUT NOTICE:
This "prescreened" offer of credit is based on information in your credit report indicating that you meet certain criteria. This offer is not guaranteed if you do not meet our criteria, including providing acceptable property as collateral. If you do not want to receive prescreened offers of credit from this and other companies, call 1-888-5-OPTOUT (1-888-567-8688) toll-free, or write Equifax, Inc. (P.O. Box 740241, Atlanta, GA 30374), Experian Opt Out (P.O. Box 919, Allen, TX 75013), TransUnion Name Removal Option (P.O. Box 505, Woodlyn, PA 19094).
OFFER AND RATES: Rates will be higher for combined loan-to-value (CLTV) ratios higher than 80%. Maximum CLTV is based on creditworthiness, property type, occupancy and loan amount. For a property value greater than $2.5 million, additional terms and conditions may apply. Lien position may affect the maximum loan amount. Available on 1-4 family primary or secondary residences, excluding mobile homes, and homes for sale, under construction or on leased land. For co-ops, additional terms and conditions will apply. Annual Percentage Rate (APR) is variable based on The Wall Street Journal Prime minus 0.25%, and will not exceed 18%. Prime as of 08/20/12 was 3.25%. Minimum line amount for Prime minus 0.25% is $200,000. Other rates are available for lines of credit in amounts below $200,000. APR is an estimate only. APR calculation does not include fees and charges that may be applicable. A qualifying TD Bank Checking Account is required to be eligible for an additional 0.25% discount, which is reflected in the rate shown above. This relationship discount may be terminated and the interest rate on this account may increase by 0.25% upon closure of the qualifying checking account. The following fees apply: annual fee of $50, origination fee of $99 (this is a finance charge), and early termination fee of $450.Property insurance required. If you pay interest only, you still owe the amounts drawn and your monthly payment will increase when the interest-only period ends. Offer valid on line amounts up to $500,000. For line amounts greater than $500,000, additional terms and conditions will apply. Rates may vary by state, and are applicable to the state in which the collateral property is located, which may differ from the mailing address shown on this letter. Rates subject to change. Ask us for details.
TERMS & CONDITIONS: Information contained in your credit report was used in connection with this offer. You received this offer because you satisfied our pre-established criteria for creditworthiness used to select individuals for this offer, and based on an initial determination that you met TD Bank's credit standards. TD Bank maintains the right to either reduce or not extend the credit at all if, after you respond, we find that 1) we are unable to confirm you are the person to whom the offer was made, or any information you provide to us
is incomplete, inaccurate or unverifiable; 2) we determine that you no longer meet the criteria used to select you for this offer or any other criteria bearing on your creditworthiness; 3) we determine that your debt-to-income ratio is above 50%; 4) your property does not meet the collateral requirements identified above. Also, in rare circumstances, we may not extend the credit based on information in an additional credit report. You authorize TD Bank to investigate your credit and employment history and release any credit experience to consumer reporting agencies and others who may properly receive such information.
TAX DEDUCTIBILITY: Interest paid on an equity line or equity loan may be tax deductible. Consult your tax advisor about the deductibility of interest.
USA Patriot Act: To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means to you: when you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
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