Mortgages

First Time Buyer

First Time Buyer's How much can I borrow?

Generally speaking, first time buyers can borrow a maximum of 4 times salary. so for a single earner earning €90,000 per annum they maximum you can borrow would be €360,000

For a two income application, we combine both incomes so Applicant one is earning €90,000 and Applicant 2 is earning €30,000. We have total earnings of €120,000 so we can borrow €120,000 x 4 = €480,000.

10% Deposit Explained:

First time buyers can borrow 90% on property price.
If a property is €600,000, you can borrow €540,000 (90%) and you will need a deposit of €60,000 (10%).

The full 90% mortgage is still available
  • At North Dublin Mortgages, we charge no fees to our client if mortgage is fully drawn down.
  • At North Dublin Mortgages, we are very accessible to communicate online, by telephone or in the comfort of your own surroundings.
  • At North Dublin Mortgages, You pay the same interest rate as you do if you approach the each bank directly.
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We have access to the following Lenders for First Time Buyer's

  • Permanent TSB. (Direct Agency Held)
  • Haven Mortgages (Broker arm of A.I.B. and E.B.S.) (Through our appointment with Brokers Ireland Mortgage Services)
  • Dilosk Bank (Direct Agency Held)
  • BNP Paribas Bank (Through our appointment with Brokers Ireland Mortgage Services)
  • Finance Ireland. (Through our appointment with Brokers Ireland Mortgage Services)
  • Spry Finance (Direct Agency Held)

By applying with North Dublin Mortgages, we have access to all of the above providers.

One application form, one meeting and you are guaranteed the best rates on the market from this panel of lenders we are authorised to advise on, subject to you being eligible for the loan and subject to lenders terms and conditions, where applicable.

We call to meet you at a time that suits. We do evening / weekend appointments and you have the mobile number of the consultant dealing with you so you will not be dealing with a switch board.

Warning: If you do not keep up your repayments you may lose your home.

Warning: The cost of your monthly repayments may increase.

Warning: You may have to pay charges if you pay off a fixed-rate loan early.

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