Applying for your first mortgage can be overwhelming but, it doesn’t need to be like that. Our expired team of mortgage advisors at Cork Mortgage Brokers can guide you every step of the
way to make sure your first step on the property ladder is any easy one.
Below is some general advice put together by our team to help you get ready to make a successful mortgage application. Or for more information you can browse our Mortgage FAQs, Broker Insider Tips or our Why Choose a Broker section.
Deposit
A bank can’t lend you all of the sale price of a house. Therefore most mortgage lenders require a 10% deposit of the property purchase price.
Prepare in Advance
Build up a consistent savings pattern. Keep a well maintained current account and avoid overdrafts or short term debt if possible.