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Need a Mortgage?

Let us guide you through the process every step of the way!

We are here to help

I’m a first time buyer

We understand that buying your first home is a huge decision and the mortgage process can seem overwhelming at times. At HC Financial our mortgage advisors are here to help you every step of the way.

How much can I borrow?

Banks can only lend you up to 3.5 times your gross salary – that’s your annual income before tax. If it’s a joint application, that’s your combined gross income. … Your mortgage still needs to be within 3.5 times of your income/combined income.

Saving for your deposit

As a First Time Buyer you will need a deposit of at least 10% of the house price.
Get into the habit of saving a regular amount to demonstrate your repayment ability

Searching for your new home

Know how much you can borrow before you start your house search
Look at some properties to get an idea of the cost of the home that you want and the area you would like

Apply for your Mortgage

In order to submit your application you will need to provide the documentation outlined here. Bring these along with you to your appointment with us and we will talk you through the process.

Find and Buy your home

Once you have found the perfect one for you – let us know
You will need a valuation and sign your documentation with your solicitor
You need to arrange Life Insurance & Home Insurance. We can help you with this
Your solicitor will arrange the transfer of funds and collection of keys to your new home

Call us on 091 788000

Email: admin@hcgroup.ie

Take the first steps to owning your own home
We are here to help you!

How long will the process take?

	Book an appointment (Day 1)
	Submit your application (Allow up to 2 weeks to gather all your required documentation)
	Receive credit approval in principal (This is usually available within 3 – 4 working days)
	Letter of Approval (Once you find your dream home, submit the valuation and we will issue your solicitor with the loan information you need to complete your purchase)

Switching your mortgage could save you money

Every year hundreds of thousands of people review their electricity supplier, their mobile phone supplier and their Satellite TV supplier –

Why?… to get a BETTER DEAL!

You can do the same with your Mortgage!

Ideally you should keep a regular eye out for better mortgage deals.
New ones are coming on to the market all the time and if you’re not locked in to a fixed or discount rate deal with an early repayment charge, it could be worth your while changing lenders (remortgaging) at any time.
Take advantage of our FREE mortgage review service and see if you are on the best rate or if you can get a better one!
You could be making some real savings.

Got grand designs on some home improvements?
Want to put a little aside for a rainy day?
Maybe paying off some bills is what you’ve got in mind?

Give our team a call today and see if we can save you some money!

Call us on 091 788000

Email: admin@hcgroup.ie

Take the first steps to owning your own home
We are here to help you!

Self Build

Building your home is an exciting time. It’s your chance to build the home of your dreams.

We’ve been helping our customers to build their own homes for over 30 years. We know every step of the process, so if it’s something you have always wanted, our experienced mortgage consultants are here to help you. .

Whether you have a site with full planning permission or you have just started saving your deposit, we will take you through all you need to know.

A Self Build Mortgage is different to your standard mortgage in some ways.

	Staged Payments One of the differences between a self-build mortgage and a standard mortgage is stage payments.
	Advantage of staged payments for you By releasing your funds in stages you only pay interest on what you’ve actually drawndown, not on the whole amount.
	How staged payments work Each stage must be certified by your assigned certifier and requested through your Solicitor.
	What else you need to do As part of your build you’ll need to have appointed an Architect, Engineer or Surveyor. They will act as a “Construction Specialist” and will be able to give you advice throughout your build.

Call us on 091 788000

Email: admin@hcgroup.ie

Take the first steps to owning your own home
We are here to help you!

Required Documents

Here’s a list of the documentation you will need to bring along to your initial meeting

If you are an employee:

Signed and stamped salary certificate(60KB)
Your Employment Detail Summary (P60) and 2 of your last 3 payslips
Your personal bank account statements for the past 6 months

If you are self-employed:

Your most recent Audited / Certified Accounts (2 years)
Six months’ recent personal and 6 months’ business bank statements
Confirmation from your Accountant:
- that your tax affairs are up to date;
- of your current year earnings and;
- that no significant changes have occurred in the business since the date of the last accounts.

If you are a Non Resident Buy–to-Let Mortgage Applicant

All applicants will be required to provide acceptable proof of compliance with the €75,000 minimum income requirement. Income may be verified with reference to one or more of the following:

Salary Certificate(60KB)
Payslips (2 of most recent 3)
Statement of Taxes (Employment Detail Summary (P60) equivalent or Tax Balancing Statements)
Accountants Confirmation
Audited / Certified Accounts
6 months Bank Statements showing minimum 6 salary credits at the required level

If you are a Self-Build Mortgage Applicant

Evidence of your contribution, such as your savings or gift of funds or a site to build on (your mortgage consultant can provide information about what type of evidence you need to provide)
An Ordnance Survey Ireland or Property Registration Authority style site map – your construction specialist will be able to help you with this

Call us on 091 788000

Email: admin@hcgroup.ie

Take the first steps to owning your own home
We are here to help you!

In addition, to meet our regulatory requirements, we also need you to provide proof of name, proof of your address and proof of PPSN

Photo Identification

We can accept an original of the following documents:

Your current national passport or
Your current valid Irish, UK or European drivers licence (with photo) or

Proof of address

You can use any of the following:

A utility bill (dated within the last 6 months)
A bank or building society statement issued in the last 6 months
Your Determination of Tax Credits for the current year
Your original household/health or motor insurance documents (less than 12 months old)

Proof of PPSN

You can use any of the following:

Correspondence from the Department of Social Protection or the Revenue Commissioners showing your PPSN
Payslip, Employment Detail Summary (P60)/P45, Statement of Liability (P21), Tax Assessment or Notice of Tax Credits
Medical Card/Drug Payment Scheme (DPS) Card

Please note: CIS Public Services Card cannot be used to verify PPSN.

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