Mortgage Broker Kilkenny
5 Ormode Road Kilkenny R95 Y172
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While as a mortgage broker we cannot guarantee that you will be approved for a mortgage, we can significantly increase your chances of getting one by:
Using a mortgage broker can save you time, effort, and money by streamlining the mortgage process and helping you find the most suitable mortgage option for your needs. However, it's important to choose a reputable and experienced mortgage broker who will prioritize your best interests.
At Kilkenny Mortgages we are only too aware of the cost associated with ending up on the wrong mortgage rate.
Having a mortgage will probably be the biggest single financial commitment most of us make. Securing the right mortgage rate is of paramount importance.
That’s where we come in, we have the expert knowledge and experience to guide you with your mortgage needs.
The maximum loan-to-income (LTI) ratio for a mortgage in Ireland is 4 times your gross annual income for first-time buyers and 3.5 times for second-time buyers.
This means that if you and your partner are first-time buyers with a combined gross annual income of €60,000, you can borrow up to €240,000 for a mortgage. If you are second-time buyers with the same income, you can borrow up to €210,000.
However, there are a few exceptions to these rules. Lenders are allowed to exceed the maximum LTI for a certain percentage of home loans. This is on a case by case basis and once the allowed quota has been exceeded this option will no longer be available for the remainder of the financial year.