First time buyers have it tough. They have a lot of questions about the mortgage process –and who can blame them? There’s so much financial mumbo jumbo out there. Even worse, many banks will only meet 9-5 to talk mortgages.
Luckily, we have tons of useful info for first time buyers in our First Time Buyer Guide (in plain English) and our Mortgage Master will meet to chat mortgages, whenever suits you. That might be before work, in the evening or even on the weekend – handy!
Read on for all the nuts and bolts of our first time buyer mortgage (and a lovely little deal on your home insurance too). Have a mortgage question? Request a call from your local Mortgage Master here.
How Much Can I Borrow as a First Time Buyer?
Features & Benefits
Four Months Free Home Insurance. Want Some?
Saving money on your Home Insurance can be great fun.
Okay – it’s not exactly bungee-jumping or sky-diving. But it can be the sort of fun that comes with 36% savings in year 1. That’s a big trip to IKEA sort-of-fun. A meal in your local restaurant and more nights out with your pals.
This is the sort of craic that comes with four months free home insurance. Yep - that’s 36% off your first year’s home insurance bill when you pay by direct debit or with your EBS mortgage.
And in the first year of your mortgage, a little extra in your pocket will definitely go a long way. Click to request a home insurance quote now.
Fixed or Variable Rate?
EBS is offering home buyers up to 3% Back in Cash. That’s as much as 3% (2% upfront and 1% in 5 years) of the value of your new mortgage if you are a first time buyer, mover, or switching your mortgage to EBS.
Yep. That's €7,500 on a €250,000 mortgage, Back in Cash. Why? Because an EBS Mortgage Master knows the mortgage process back to front – they know that that extra few bob really counts in the final ‘moving in’ stage.
Your EBS Mortgage Master doesn’t like any messing or fussing, either. That’s why you get your EBS 3% Back in Cash mortgage offer straight into the current account used to pay your mortgage, using a SEPA direct debit, 2% within 2 months of drawdown and 1% in 5 years subject to conditions of the mortgage.