Seek Mortgage Approval Now

Michael Curtin, Managing Director at MC Financial

An article from the Irish Times (21^st October 2014) is advising potential First Time Buyers that they can beat the new Central Bank lending rules by seeking mortgage approval before the end of the year.

At MC Financial, we would very much echo this advice, as the majority of lenders will provide mortgage approvals that will last between three and six months giving you enough time to find a suitable property. This will also mean that you could avoid the new lending rules that will be imposed from the beginning of next year.

To avoid the new rules, you have just over two months to get mortgage approval so it is important to act quickly and get the advice of an independent mortgage broker today!

For more information on any aspect of this post get in touch with Michael today by calling 01 822 8022 or by emailing michael@mcfinancial.ie. You can also fill out our mortgage enquiry form and a member of our team will be in touch to discuss your application shortly.

For more top tips on how a mortgage broker can help you on the road to your first home, check out the MC Financial First Time Buyers Guide.

You can read Fiona Reddan’s article ‘EARLY APPROVAL CAN BEAT NEW MORTGAGE RULES’ at the link below.

(http://www.irishtimes.com/business/personal-finance/early-approval-can-beat-new-mortgage-rules-1.1970686)

[divider]
[message type=”simple”]Warning: If you do not keep up your repayments, you may lose your home.[/message]

[divider]
[message type=”simple”]Warning: You may have to pay charges if you pay off a fixed rate loan early.[/message]

[divider]
[message type=”simple”]Warning: The cost of your monthly repayments may increase[/message]

[divider]
[message type=”simple”] Warning: The entire amount that you have borrowed will still be outstanding at the end of the interest only period.[/message]