Step By Step Guide To Obtaining A Mortgage
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.
On receipt of your details your advisor 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.
Your consultant will assess your case based on your financial documents. They will liaise initially with the various lenders and prepare your file for review by our internal credit assessor. Once reviewed, the assessor will send your case to the chosen lender and work with them 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 and supporting documentation.
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.
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.
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 we will assist you with your needs in terms of this insurance as well.
Irish Mortgage Corporation
118 Lower Baggot St
Phone: 1850 444 474