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A free mortgage? Yes, please!

TD Bank to Pay Off One Lucky Homeowner's Mortgage

 
I've never been prouder to say I am a TD Bank customer.

The East Coast commercial bank is going to pay off the mortgage of one lucky homeowner (up to $250,000). Anyone who applies for a TD Bank mortgage between March 7 and April 30 will be entered into the drawing. (Existing TD Bank mortgage customers are automatically entered).

The bank is also going to award $2,500 to six weekly winners, to go towards a mortgage payment.

I wonder if the $2,500 HAS to go towards the mortgage payment. Can you use it to, say, buy new flooring?

At any rate, sounds like a good deal to me, especially if you are an existing TD Bank customer.

I'm intrigued by the marketing plan. Will the chance at a free mortgage be enough to persuade would-be homebuyers to do business through TD Bank? Would you?








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