We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Toronto Dominion Bank | NYSE:TD | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 54.97 | 21 | 11:10:39 |
CHERRY HILL, N.J., March 21, 2019 /PRNewswire/ -- Almost a quarter of medical professionals who own homes say their student debt made buying a home more difficult, according to a new survey by TD Bank. Of those that don't own a home but plan to, one in six are worried that student debt will make the process more difficult.
Today, TD Bank announces the launch of a new Medical Professional Mortgage Product, specifically designed to alleviate these issues by accounting for the unique challenges facing medical professionals who are in the early stages of their career.
According to the survey, just under one in five medical professionals are aware of Medical Professional Mortgages, meaning they could be missing out on the opportunity to leverage a product that is tailored to their unique financial needs.
Considering medical school loans and earning potential, TD's dedicated product helps address physicians' and dentists' pain points by helping applicants qualify for higher loan financing than standard mortgages, allowing them to utilize their money for investing or paying off student debt while still reaching their home ownership goals.
"Medical professionals dedicate their lives to caring for the health of our communities and in turn spend many years pursuing higher education and building up debt," said Rick Bechtel, Head of Residential Lending at TD Bank. "We dedicate the same amount of care to designing products, such as TD Bank's new Medical Professional Mortgage, which alleviates some of the biggest challenges those in the medical field face following graduation and residency, such as large amounts of debt and a lack of earning history."
This competitive new offering, available in both fixed and adjustable rate options, provides the following features for practicing physicians and dentists, fellows and third-year residents:
Eligible borrowers of TD's Medical Professional Mortgage Product include licensed residents with a minimum of two years of completed residency and fellows; as well as practicing dentists and physicians and who are less than 10 years out of residency.
About TD Bank, America's Most Convenient Bank®
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 9 million customers with a full range of retail, small business and commercial banking products and services at more than 1,200 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US.
TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com/us.
View original content to download multimedia:http://www.prnewswire.com/news-releases/td-bank-study-reveals-medical-professionals-worry-student-debt-will-negatively-impact-the-home-buying-process-300816503.html
SOURCE TD Bank
Copyright 2019 PR Newswire
1 Year Toronto Dominion Bank Chart |
1 Month Toronto Dominion Bank Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions