3.75% (3.81% APR)

Mortgage

For: Home Purchase, Home Improvements or Switching Mortgage.

No matter what stage of the journey you’re at, Elevate CU is here to help our members. Membership must be in place for 6 months before any mortgage application is considered.

Apply Now

Representative Example

A representative example is a term used in financial regulations. The example will help to show you the typical costs associated with a loan for a certain amount.

Loan Amount

€200,000

Loan Term

20 years

Monthly Repayment

€1,192

Rate of Interest - APR

3.75%

Total Interest

€86,087

Total Cost of Credit

€286,087

Loan Calculator

Maximum Loan Amount :
Maximum Loan Term :

€

Term

Repayment Frequency
€
APR
3.81%
# Repayments
Total
Apply for Loan
€
APR
3.81%
# Repayments
Total
Apply for Loan
€
APR
3.81%
# Repayments
Total
Apply for Loan
€
APR
3.81%
# Repayments
Total
Apply for Loan

*Figures correct as of 01/07/2024 and are calculated on our loan calculator. Loans are only available for members. If you have any questions about our loans, please contact loans@elevatecu.ie Loans are subject to approval. Terms and conditions apply. If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future. Elevate Credit Union Limited is regulated by the Central Bank of Ireland. This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors.

  • Minimum Loan €100,000 / Maximum Loan €500,000
  • First Time Buyers (FTB) Maximum LTV 90% (Both parties must be FTB)
  • Maximum Loan to Value (LTV) 80% for second time buyers
  • Minimum Term 5 years / Maximum Term 35 years
  • Maximum Loan to Income (LTI) 4 times gross annual salary
  • Professional Valuation on the property required
  • First Legal Charge in favour of Elevate Credit Union Ltd. on the property required
  • Elevate Credit Union Ltd. interest noted on Fire insurance cover on property
  • Assigned mortgage protection policy covering the full amount and term of the loan
  • Principle Private Residence only
  • Property in Republic of Ireland only
  • For a Home in Joint names, Mortgage must be in Joint names
  • Lending Terms and Conditions apply

Benefits of a Elevate CU Mortgage

Deposit

We can help you build a deposit for your dream home

Personalised Service

Personalised service from the Credit Union you can trust

One Place

Keep all your borrowing in one place so we can manage all your credit needs

Competitive Rates

Our interest rates are highly competitive

Local Decisions

We have no hidden fees or charges, and we make fast and local decisions

Peace of Mind

Enjoy peace of mind with loan protection insurance

Mortgage Enquiry

Alternatively email us mortgages@elevatecu.ie or call us 021 489 4555

Mortgage Downloads

Download Help To Buy Scheme (HTB)

Download Mortgage Arrears Resolution Process (MARP)

Supporting Documentation

Outgoings

  • Bank Statements - 3/6 months
  • Credit Card Statement - (if applicable)
  • Mortgage Statement - (if applicable)

Proof of Income

  • PAYE Employee - 3 recent pay slips
  • Self-employed - Notice of self-assessment, 3 years certified accounts & accountants report
  • Social Welfare - 2 recent payment receipts
  • Retired - Proof of all pensions

Photo Id

  • Photo ID - valid passport or driver's licence.
  • Proof of Address - utility bill, bank statement or Government document dated within the last six months
  • Your P.P.S. number on an official document