Buying a house – whether it’s your first home, you’re moving up, or you’re a property investor – is an exciting time.  But it can also be stressful and arranging finance is one of those areas that can trip you up.


Our aim is to make the mortgage application process as straight forward and stress-free as possible for you. Whether it is a regular or a self build mortgage, we want to look after the finance side of things so you can get on with finding your perfect home.
 

Whether you’re at the start of the mortgage process and wondering how to get your finances in order, or whether you’re further along the process and ready to make an application, give us a call to set up an appointment and we will go through everything with you in person.

 

Mortgage Switcher

We help our mortgage customers find the best rates for those looking to switch mortgages. Contact us for information on our mortgage switcher services.

 


 

There are many elements to a successful mortgage application.                        


Here are our general guidelines for getting ready:
 

1 - Save for a deposit
First time buyers require a deposit of 10% of the purchase price for most lenders.
 

2 - Prepare well in advance (6 months minimum)
Keep your current accounts well maintained, avoid credit card debt and other short-term loans.
 


3 - Income
Secure employment with a permanent contract is a must with most lenders. Employees should be employed for at least 12 months.


4 - Affordability and repayment capacity
Can you show the lender that you are already meeting the repayment capacity with rent payments or continuous monthly savings.

5 - Good financial management
Build up a pattern of savings, be able to display that you never use an overdraft, clear short term loans etc.

6 - Irish Credit Bureau
Lenders will check your ICB rating, so you should apply for your own report before making an application. It is best to address any issues with your ICB report at the start of the application process.


Use the form below to start your conversation today!

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

Warning: the entire amount that you have borrowed will still be outstanding at the end of the interest-only period

Warning: The cost of your monthly repayments may increase

Warning: this new loan may take longer t pay off than your previous loans.  This means you may pay more than if you paid over a shorter term

Warning: Purchasing this produce may negatively impact on your ability to fund future needs

 

 

Members of...

CML Financial Ltd trading as CML Financial is regulated by the Central Bank of Ireland
Company Registration No. 437266. Registered office – The Business Centre, Lisfannon, Buncrana, Co. Donegal
Directors: Joseph Carlin BSc MSc QFA Chiara M Conway BA DBS Pensions Dip QFA
James O’Donnell BA FCA QFA Joseph G. Carlin FCCA Dip Insolvency QFA
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