We can help you:

• Understand how much you may be able to borrow;
• Prepare the documents required for your application;
• Review mortgage products available from our lender agencies;
• Compare relevant interest rates, features, incentives and costs;
• Select an appropriate mortgage term and repayment structure;
• Submit and progress your mortgage application; and
• Understand the conditions that must be satisfied before drawdown.

Your Mortgage Journey

1. Initial Consultation

We will discuss your circumstances, income, financial commitments, deposit and property plans. We will explain the information and documents required to assess your mortgage options.

2. Preparing Your Application

We will help you gather the relevant financial and supporting documents. The lender will assess your income, expenditure, existing commitments, credit history and ability to meet the proposed repayments.

3. Comparing Available Mortgages

We will review suitable mortgage options from the lenders available through Progressive Financial Services. We will explain the relevant interest rates, repayments, fees, features, incentives and conditions.

4. Recommendation and Application

Where appropriate, we will recommend the mortgage we consider most suitable from the range available to us and explain the reasons for our recommendation. With your agreement, we will submit your application to the selected lender.

5. Approval in Principle

If your application is approved in principle, the lender will issue an Approval in Principle. This is not a final loan offer and may remain subject to further documentation, valuation, lending conditions and final approval.

6. Sale Agreed and Loan Offer

Once you have agreed to purchase a property, further steps may include:

• Appointing a solicitor;
• Obtaining an acceptable property valuation;
• Arranging a structural survey where appropriate;
• Arranging mortgage protection where required; and
• Satisfying the lender’s outstanding conditions.

7. Mortgage Drawdown

Once the lender’s conditions have been satisfied and the legal work is complete, your solicitor will arrange the mortgage drawdown and completion of the purchase.

Types of Mortgages

We can provide advice in relation to:

• First-time-buyer mortgages;
• Mover mortgages;
• Mortgage switching;
• Buy-to-let mortgages; and
• Other mortgage arrangements available through our lender agencies.

Choosing a Mortgage

When reviewing your mortgage options, relevant considerations may include:

• Your income and employment circumstances;
• The deposit available;
• The proposed mortgage amount and term;
• The applicable interest rate;
• The estimated monthly repayment;
• The loan-to-value ratio;
• Fixed or variable interest-rate options;
• Cashback or other incentives;
• Mortgage flexibility and overpayment options; and
• The overall cost of the mortgage.

Fees and Other Costs

Legal, valuation and survey fees may apply during the mortgage process. The amount payable will depend on the professional appointed, the property and the work required.

You are free to appoint your own suitably qualified solicitor, valuer and surveyor, or we can provide you with recommendations if necessary.

Any fee payable to Progressive Financial Services will be explained before you proceed and is also set out in our Terms of Business.

Mortgage Protection

Mortgage protection is generally required when taking out a mortgage on your principal private residence, although limited exceptions may apply. Your lender will confirm the requirements that apply in your circumstances.

Mortgage protection is a separate insurance product and is subject to underwriting, acceptance, policy terms, conditions and exclusions.

Mortgage Calculator

Use our mortgage calculator to obtain an estimate of the potential monthly repayments on a mortgage.

All monetary fields should be displayed in euro (€).

Calculator results are estimates for illustrative purposes only. They do not constitute a mortgage quotation, recommendation, Approval in Principle or an offer of credit. Actual repayments and the total cost of borrowing will depend on the mortgage amount, term, interest rate, fees and conditions applying to the mortgage selected.

Warning: You should consider the total cost of a mortgage loan, including any potential additional cost of an incentive offered with it.

Warning: If you do not keep up your repayments you may lose your home.

Warning: If you do not keep up your repayments you may lose your home. 

Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit report, which may limit your ability to access credit agreement in the future.

Warning: You may have to pay charges if you pay off a fixed-rate loan early.

Warning: Your interest rate may increase and the amount of your mortgage repayments may increase as a result.

Warning: You should consider the total cost of the mortgage and any applicable incentive included in a mortgage offer.