finder.com

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

TD Bank vs. Wells Fargo mortgages

We compare TD Bank and Wells Fargo lending services.

Compare rates
Avatar
Britny Lawhorn
Updated
Fact checked

How do TD Bank and Wells Fargo compare?

TD Bank logo
Wells Fargo logo
  • Choose this lender for down payments as low as 3%
  • Choose another lender if you’re not on the East Coast
  • A good option for borrowers with an atypical schedule looking to sit down with a loan specialist
  • Choose this lender for down payments as low as 3%
  • Watch out for hidden fees and scandals
  • A good option for borrowers who want to automate their payments

Read review

Read review

Loans offered

  • Conventional
  • Refinance
  • Jumbo
  • Home Equity
  • FHA
  • VA
  • USDA
  • Conventional
  • Refinance
  • Jumbo
  • Home Equity
  • FHA
  • VA
  • USDA

Minimum credit score

Conventional: 620

Conventional: 620

States available

Only available in: CT, DE, FL, GA, MA, MD, ME, NC, NH, NJ, NY, RI, SC, VA

Available in all states

Pros

  • Online process
  • Low down payment programs
  • Guides and resources
  • Low down payment
  • Use gift funds
  • Easy application process

Cons

  • East Coast only
  • Online customer service limited
  • Unclear loan availability
  • Fees
  • Slow customer service

Customer reviews

TD Bank is accredited with the Better Business Bureau (BBB) and receives an A+ rating. The customer reviews on its BBB profile are sparse — slightly under 130 as of September 2019 — and what few are there average to barely over 1 out of 5 stars. Negative reviews focus on poor customer service, and complaints are overwhelmingly categorized as issues with product and service or billing and collections. Out of the more than 950 complaints lodged through the BBB, all have either been answered or resolved. In contrast to the poor ratings on its BBB profile, TD Bank received a 2019 award from J.D. Power for its retail banking customer satisfaction in the Southeast.
Reviews for this lender are mixed, but trend toward negative. First-time homebuyers recommend Wells Fargo for its thorough guidance through the home loan process. Other borrowers praise its mortgage specialists for their professionalism and helpful advice over the phone. Of the complaints, the most frequent was of customer service's slow response time and the excessive documents needed to assess loan applications. As of September 2019, Trustpilot gives Wells Fargo a rating of 1.5 out of 5 stars based on 157 ratings. The Better Business Bureau doesn’t give Wells Fargo a rating, but it gets a customer score on the site of 1 out of 5 stars based on 442 reviews, and the BBB has recorded over 1,000 complaints closed in the last year alone.

Compare mortgage lenders and brokers

Compare these lenders and lender marketplaces by the type of home loan you're searching for, state availability and minimum credit score (for a conventional loan). Select See rates to provide the company with basic property and financial details for personalized rates.
Name Product Loan products offered State availability Min. credit score
SoFi
(NMLS #1121636)
SoFi
Conventional, Home equity, Refinance
Not available in: AK, HI, MO, NH, NM, NY, SD, WV
620
No hidden fees, multiple loan terms, and member discounts available.
See rates
More Info
Better
(NMLS #330511)
Better
Conventional, Jumbo, FHA, Refinance
Not available in: HI, MA, MN, NV, NH, VT, VA
620
Online preapproval in minutes and no origination fees with this direct lender.
See rates
More Info
Axos Bank
(NMLS #524995)
Axos Bank
Conventional, Jumbo, FHA, VA, Home Equity/HELOC, Refinance
Available in all states
620
Purchase, refinance, and home equity options available with lender fees as low as $0 (restrictions apply).
See rates
More Info
Rocket Mortgage
(NMLS #3030)
Rocket Mortgage
Conventional, Jumbo, FHA, VA, Refinance
Available in all states
620
Streamline your mortgage from quote to final payment — all from your computer or phone.
See rates
More Info
LendingTree
(NMLS #1136)
LendingTree
Conventional, Jumbo, FHA, VA, USDA, Home Equity, HELOC, Reverse, Refinance
Available in all states
620
Connect with vetted home loan lenders quickly through this online marketplace.
See rates
More Info
loading

Compare up to 4 providers

Alternatively, use the form below to compare rates from multiple lenders on LendingTree's secure site.

More guides on Finder

  • Navy Federal vs. Wells Fargo mortgages

    Navy Federal has a 0% down no PMI loan, but Wells Fargo has more government-backed loans. We compare key features between these two lenders.
  • PNC vs. U.S. Bank mortgages

    PNC offers low down payment options, but U.S. Bank has branches for in-person help. We compare the key features between these two lenders.
  • USAA vs. Wells Fargo mortgages

    USAA offers a range of VA loans for its members, while Wells Fargo has a 3% down mortgage. We compare key features between these two lenders.
  • SunTrust vs. Wells Fargo mortgages

    SunTrust has a variety of government loan programs, but Wells Fargo offers a 3% down mortgage. We compare more features between these two lenders.
  • PNC vs. Ally mortgages

    PNC has low down payment options, but Ally provides clear time estimates on your loan. We compare more features between these two lenders.
  • Alliant vs. Ally Bank mortgages

    Alliant has more loan options, but Ally Bank offers customer discounts. We compare the key features between these two lenders.
  • Navy Federal Credit Union vs. USAA mortgages

    Navy Federal Credit Union has loans with 0% down and no PMI, but USAA may be faster. We compare the key features between these two lenders.
  • Better vs. Guaranteed Rate mortgages

    Guaranteed Rate has more loan options, but Better is known for low closing costs. We compare the key features between these two lenders.
  • Better vs. Ally Bank mortgages

    Better has FHA loans, while Ally Bank offers Purchase loan options. We compare more features between these two digital lenders.
  • USAA vs. Chase Bank mortgages

    Mortgage services for both lenders are available nationwide, but one is a better option for certain government-insured loans.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site