In an attempt to lure in new borrowers, TD Bank is running a promotion through March that offers to pay off the mortgage of the lucky winner.
From March 7 through April 30, 2010, consumers who reside in TD Bank’s footprint from Maine to Florida who apply for a mortgage will be entered into a drawing to help them pay off their home. Existing TD Bank mortgage customers are automatically entered in the drawing. Additionally, TD Bank will award six weekly winners $2,500 to help with their monthly mortgage payment. The grand prize winner will be announced at a media event in May 2010.
Note the fine print. Only those from Maine to Florida, and you must have a TD Bank mortgage. Get to your local branch and check out the specifics. Couldn't hurt to make sure you're entered if you are an existing customer, and if you are in the market for a refinance, won't hurt to check their rates.