Step By Step Guide To Obtaining A Mortgage

Please click here for our Mortgage Process Chart

Step 1: Initial Assessment

On receipt of your details from the preliminary enquiry from your finance consultant will assess your case on the details provided by you.  We will then give you a reasonable indication as to the likely mortgage amount available.  We will give you a checklist of the documents required from you to proceed.

Step 2: Formal Assessment

Your consultant will assess your case based on review your financial documents. They will prepare your case and liaise directly with the various lending institutions to obtain formal Approval in Principle (AIP). This means that your lender approves you for a mortgage of a set amount based on the details you provided in your application.

Stage 3:  Loan Offer

When you find a property we will arrange a residential property valuation on your behalf. We will advise you on available loan and interest rate options. We will obtain your formal Loan Offer by liaising directly with the lending institution selected.

Stage 4: Protection – Mortgage/Life

Life/Mortgage is an integral part of all mortgage applications. We will advise on the options available to suit your needs and we will guide you through the process and liaise with the selected insurance company and medical underwriters.

Stage 5: Cheque Issue

We remain in contact with you and your solicitor throughout the full mortgage process to ensure any outstanding requirements are dealt with in a timely manner.

Note: House insurance is a requirement for a new mortgage and our partners Brian Mullins Insurance Brokers Limited we will assist you with your needs in terms of this insurance as well.

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