Providing trusted mortgage advice since 2001
Expert Mortgage Advice
For All Your Borrowing Needs.
First Time Buyers
Are you ready to start the journey towards owning your first home? Let us simplify the entire process for you, from start to finish. No fee, no fuss, just expert advice, every step of the way.
Switch & Save
Switching your mortgage to another provider can lower your monthly repayments and save you thousands over the life of your mortgage. Find out how much you can save today!
Home Movers
The mortgage rules are different for second-time and subsequent-time buyers. Whether you are trading up, downsizing or moving home, we are here to guide you through it.
Self Builds
Embarking on a self-build? Whether you’re starting with a plot or finalising architectural plans, we’ll help you secure the right mortgage to turn your vision into reality.
Buy To Let
Whether you’re buying your first rental property or expanding your portfolio, our team of expert advisors is here to help you secure the right Buy-to-Let mortgage at the best possible rate.
Equity Release
Before considering or entering into an equity release mortgage, we recommend that you speak to an advisor who can bring you through all of your options.
Renovation Mortgages
Looking to renovate your existing home or buy a fixer upper? A Renovation Mortgage allows you to carry out works to a property and incorporate the cost into your mortgage.
Debt Consolidation
Bringing all your loans together, secured against your property can be a good option for property owners who are repaying multiple short term loans as well as their existing mortgage.
Mortgage Protection
Mortgage Protection clears your outstanding mortgage balance if you pass away. In most cases, mortgage lenders won’t release your funds without this cover in place.
Rules For Borrowing
How much can I borrow?
The amount you can borrow is based on a number of criteria including:
- Employment
- Salary
- Age
- Children
- Other loans you may have
- Repayment capacity
The amount you can borrow is 4 times your salary for first time buyers and 3.5 times your salary for subsequent buyers, with deductions taken if you have other financial obligations like child support, dependent children, loans, credit cards or if you have a partner who is not working.
A percentage of bonuses; commission; allowances; overtime; stock options; RSUs; and shift work may also be taken as income. You can also only borrow up to a maximum of 90% of the property value as, under Central Bank rules, you must provide a 10% deposit.
You should be in permanent employment and not be on probation, however exceptions can be made e.g., for doctors who may be on contracts in different hospitals or for teachers, nurses or other PAYE employees who are on rolling fixed-term contracts.
Some lenders will also allow public sector employees to borrow 4 x a salary 1-5 points up on the salary scale.
First Time Buyers
4 x annual income
Subsequent Buyers
3.5 x annual income
Max Loan to Value
90% property purchase price
Minimum Deposit
10% property purchase price
How much will a mortgage cost?
Mortgage Calculator
Get an indication of how much a mortgage loan with cost you when applying different rates and time-frames.
Our chart will not only show your estimated monthly repayment but also how much interest vs capital loan repayments you’ll incur over the duration.
Disclaimer: This calculator is for indicative purposes only. Please always seek professional guidance before making a financial decision.
Mortgages Do’s and Don’ts
Before You Apply
Before you apply for a mortgage you should ensure that your bank statements are in order. Sometimes you need to put a 6-month plan into place before you applying. This plan should include:
Good money management across all active current and savings accounts.
No missed direct debits or standing orders.
Controlled use of your credit card and ensure a monthly direct debit for minimum payment is set up.
Expert Mortgage Advice
How the Mortgage Journey Works
Discover what’s possible
Meet with one of our friendly expert advisors who will help you understand what’s possible based on your current circumstances - and your dreams!
Put your best foot forward
Your dedicated advisor will prepare and submit your mortgage application, presenting your case in the best possible light to your chosen lender. With your Approval in Principal in hand, you can begin your property search with confidence.
Find your future home
Once your offer is accepted and booking deposit placed, we’ll arrange the necessary valuation, and can help you select a solicitor from our trusted conveyancing panel.
The legal part
Upon receiving your official loan offer, you’ll sign contracts with your solicitor and finalise your deposit – you’re nearly there! Your solicitor will carry out essential checks and manage the formalities of transferring the property.
Protect your new asset
With our support, discounted home and life cover will be arranged from Ireland’s leading insurers - to meet lender requirements and your own personal protection needs.
Welcome home!
Final paperwork completed. Funds transferred. Keys in hand. Your mortgage journey is complete – and you are home!
Why Choose EDUC Mortgages?
Free mortgage service (our fees are paid by each lender).
Extensive lender network.
Best rates on the market.
Expert knowledge of public sector.
Exclusive offers for TUI, INTO and IFUT unions
End-to-end mortgage journey support.
Evening and remote meeting options to suit you.
Fixed-rate legal fees through our dedicated conveyancing panel.
National coverage.
Testimonials
What Our Clients Say
“Cathal and the team's services made the process of purchasing a house as a first time buyer incredibly seamless. They expertly handled all the necessary paperwork, found us the best mortgage, leaving me and my partner with no worries. Their excellent communication ensured that we were well informed and taken care of throughout the entire process”
– V. Carroll
“I have used Educ Mortgages twice in the past 5 years when buying two different properties and I really cannot recommend them enough. I found them always very professional, knowledgeable, quick to respond with a friendly attitude. They made the process of buying a new home much easier for me and my family and I’m so grateful for their amazing service!”
– N. Vojvodic
"We used EDUC mortgages to apply for our self-build mortgage after having difficulty getting approval with our bank. We found them to be professional, knowledgeable and very efficient. If we had any questions they were always only a phone call away. We are halfway through building our house now and delighted that we decided to go with EDUC Mortgages."
– P. Moroney
From the very beginning, Cathal demonstrated a remarkable level of professionalism, knowledge, and dedication to his clients. He patiently explained the intricacies of the mortgage market and the various options available to me. Cathal and his colleague Clodagh promptly responded to my inquiries, kept me updated on the progress, and proactively addressed any potential issues that arose. I always felt informed and supported at every stage of the mortgage application. I would highly recommend EDUC Mortgages to my colleagues and friends.
– C. Hickey
Who We Work With
At EDUC Mortgages, we have access to all of the major lenders in Ireland so
we can get you the best rate available on the market.
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