MortgagesIt currently offers a wide range of financing options, including:
First time buyers: up to 92% finance
Second time buyers: up to 90% finance
Investors: up to 85% finance
All mortgages subject to qualifying terms and conditions.
Warning: Your home is at risk if you do not keep up repayments on any loan secured by it.
Visit the Irish Mortgage Corporation's website
According to Irish Mortgage Corporation (www. irishmortgage.ie, 1850 444-474), it is now possible for first time buyers to secure mortgage financing of up to 92%. Interest rates begin as low as 2.49% / 3.21% APR. A property at Belmayne, now costing €315,000 will result in a monthly mortgage repayment of €1,034 (over 35-years). When mortgage interest relief is factored in (€149 per month for a first time buyer couple), the monthly mortgage repayment reduces to €885. Renting a property similar in size and location could cost €1,200 per month.