Everything you need to plan your mortgage

Buying a home is a big decision. Whether you’re buying your first place, moving, switching or building, it helps to have local people to talk through your plans with.

Calculate your repayments

Credit Union Mortgage Calculator

Start with the numbers. Explore estimated repayments, then talk through your mortgage options with your local Credit Union.

The Mortgage Journey

Steps to move-in

  1. Step 1: Get mortgage ready

    Look at your budget, gather your documents and talk through your plans with a participating Credit Union.

  2. Step 2: Approval in principle

    Your Credit Union reviews your application. If successful, approval in principle gives you an indication of what you could borrow.

  3. Step 3: Loan offer

    Once you’re sale agreed, your Credit Union completes its checks and, if approved, issues your formal loan offer.

  4. Step 4: Close

    Your solicitor handles the contracts, arranges the mortgage drawdown and completes the purchase.

  5. Step 5: Move in

    Collect the keys, bring in the boxes and start making your new place feel like home, one room at a time.

What you’ll need

Checklist & Guides

  • Mortgage Checklist

    A little prep goes a long way. Look at your budget, gather your documents and think through your plans before starting your mortgage application.

    Download Checklist (coming soon)

  • Mortgage Guide 1

    Look at your budget, gather your documents and think through your plans before starting your mortgage application.

    Download Guide (coming soon)

  • Mortgage Guide 2

    Look at your budget, gather your documents and think through your plans before starting your mortgage application.

    Download Guide (coming soon)

Answers to your questions

FAQs

Got a question? Explore our FAQs for straightforward answers about Credit Union mortgages.

First time buyer FAQs

Who can qualify as a first time buyer?

For mortgage lending purposes, you’re generally a first-time buyer if you have never had a mortgage or other housing loan, either on your own or with someone else, in Ireland or abroad.

If you’re applying with another person, you must both meet the first-time buyer criteria.

You may also qualify under “fresh start” rules following divorce, separation, bankruptcy or insolvency, provided you no longer have an ownership interest in your previous property.

If you have inherited or been gifted a property, you may still qualify if you have never had a housing loan.

How much can I borrow?

First-time buyers can typically borrow up to 4 times their gross annual income, or joint income if there are two of you, and up to 90% of the property’s value. You’ll need the balance of the purchase price as a deposit, so if you borrow 90% you’ll need a 10% deposit. All lending is subject to affordability and lending criteria.

What rate types can I choose from?

Your mortgage advisor can explain the different rate types to you to help you choose what’s best for you. We offer fixed and variable rate options.

Variable rates can increase or decrease over time which means your repayment can go up or down.

Fixed rates stay the same over the fixed period, meaning your repayments don’t change during the fixed period either.

How long will it take to process my application?

[Answer to be confirmed by CU Mortgage Services.] Your local Credit Union will give you an indication of timings when you apply. Having your documents ready helps your application move faster.

How long will my Approval In Principle be valid for?

[Answer to be confirmed by CU Mortgage Services.] Your local Credit Union will confirm how long your Approval in Principle is valid for when it is issued.

Mover FAQs

How much can I borrow?

Home movers can typically borrow up to 90% of the value of the property. This is often referred to as the loan to value percentage or LTV. You’ll need to have the balance of the purchase price as a deposit. If borrowing 90%, you’ll need 10% as a deposit. You can borrow up to 3.5 times your income, or joint income if there are two of you, subject to affordability and lending criteria.

What rate types can I choose from?

Your mortgage advisor can explain the different rate types to you to help you choose what’s best for you. We offer fixed and variable rate options.

Variable rates can increase or decrease over time which means your repayment can go up or down.

Fixed rates stay the same over the fixed period, meaning your repayments don’t change during the fixed period either.

How long will it take to process my application?

[Answer to be confirmed by CU Mortgage Services.] Your local Credit Union will give you an indication of timings when you apply. Having your documents ready helps your application move faster.

How long will my Approval In Principle be valid for?

[Answer to be confirmed by CU Mortgage Services.] Your local Credit Union will confirm how long your Approval in Principle is valid for when it is issued.

Switcher FAQs

How much can I borrow?

When switching, you can typically borrow up to 3.5 times your gross annual income, or joint income if there are two of you, and up to 90% of your home’s current value, subject to affordability and lending criteria. Your local Credit Union will talk you through what’s possible.

What rate types can I choose from?

Your mortgage advisor can explain the different rate types to you to help you choose what’s best for you. We offer fixed and variable rate options.

Variable rates can increase or decrease over time which means your repayment can go up or down.

Fixed rates stay the same over the fixed period, meaning your repayments don’t change during the fixed period either.

How long will it take to process my application?

[Answer to be confirmed by CU Mortgage Services.] Your local Credit Union will give you an indication of timings when you apply. Having your documents ready helps your application move faster.

How long will my Approval In Principle be valid for?

[Answer to be confirmed by CU Mortgage Services.] Your local Credit Union will confirm how long your Approval in Principle is valid for when it is issued.

Self Builder FAQs

How much can I borrow?

The maximum Loan To Value (LTV) available is 90% of the site cost/value plus cost of construction or 90% of the valuation on completion, whichever is lower.

What rate types can I choose from?

Your mortgage advisor can explain the different rate types to you to help you choose what’s best for you. We offer fixed and variable rate options.

Variable rates can increase or decrease over time which means your repayment can go up or down.

Fixed rates stay the same over the fixed period, meaning your repayments don’t change during the fixed period either.

How long will it take to process my application?

[Answer to be confirmed by CU Mortgage Services.] Your local Credit Union will give you an indication of timings when you apply. Having your documents ready helps your application move faster.

How long will my Approval In Principle be valid for?

[Answer to be confirmed by CU Mortgage Services.] Your local Credit Union will confirm how long your Approval in Principle is valid for when it is issued.

Get a Credit Union Mortgage Today

Whether you’re buying your first home, moving somewhere new, building or switching your mortgage, your Credit Union can help make it happen.

Find your Credit Union

Lending criteria, terms and conditions apply. Applicants must be over 18 and resident in the Republic of Ireland. Mortgage approval is subject to a satisfactory assessment of suitability and affordability. For Green rates the property must have a certified Building Energy Rating (BER) between A1 and B3. If the validity date on your BER certificate is after 24th May 2026, your property will need to have a rating of A0, A or B. Your BER certificate must be no more than 10 years old. If you are building a home, a provisional BER certificate will be required prior to first stage drawdown. If you are doing works to improve the energy rating of your home, the Green rate will be applied to your loan once the works are complete and the qualifying BER certificate has been received. Deferred start option not available on Self Build mortgages. The maximum loan amount is typically 3.5 times your gross annual income (or up to 4 times for first-time buyers) and can be no more than 90% of the property’s value. The monthly repayment on a 20-year mortgage with a variable borrowing rate of 3.85% on a mortgage of €100,000 is €598.11 for 240 months. Total amount repayable is €143,545. If interest rates increase to the cap of 4.40%, an additional €29.15 would be payable per month. *APRC stands for Annual Percentage Rate of Charge and is the true cost of a mortgage expressed as a yearly percentage, allowing you to compare between lenders. In this example, an APRC of 3.92% applies and consists of variable borrowing rate of 3.85%. It does not include valuation fees, legal fees, or other third-party charges that may apply.