New Way Home – Elevate Credit Union Launches New Standard Mortgage Product

New Way Home – Elevate Credit Union Launches New Standard Mortgage Product

There’s good news for home buyers and mortgage switchers!
Elevate Credit Union is delighted to announce the launch of our new Standard Mortgage product, offering members a competitive variable rate of 3.85%, with an interest rate cap of 4.4% for the first three years.

This exciting new product gives borrowers the certainty of a capped rate, while still providing the flexibility and benefits of a variable mortgage. It’s another step forward in giving our members real choice, transparency, and fairness when it comes to home ownership.

A Message from Minister Robert Troy, TD

Minister of State for Financial Services, Credit Unions, and Insurance, Robert Troy, TD, welcomed the launch, saying:

“As a trusted, community-based organisation, Credit Unions have a unique place in Irish life.
The recent decision by the Central Bank to increase lending limits for credit unions is very welcome, as it supports more competition in the market.
The introduction of innovative credit union mortgage products will be welcomed both by those looking to purchase their first home and by those seeking to switch lenders.”

He added that continued investment in housing and increased competition will be key to supporting first-time buyers and families in the years ahead.

Putting Members First

Roy McKnight, CEO at Elevate Credit Union, said:

“We’re very excited to introduce this new mortgage product to our members, who have been asking for more choice in the mortgage market.
Once again, we’ve listened — and responded. Starting today, there really is a new way home with a mortgage from Elevate Credit Union.”

Unlike larger financial institutions, all mortgage decisions are made locally, by the Elevate Credit Union team who understand our members’ needs. The application process has been designed to be simple and stress-free, giving you a quick, considered decision at one of life’s most important moments.

A Fairer Way to Finance Your Home

At Elevate Credit Union, we believe in doing things differently — with honesty, personal service, and real value for our members.

Whether you’re a first-time buyer, moving home, or considering switching your mortgage, we’re here to help you every step of the way.