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Important Questions to Ask Your Mortgage Lender

Mortgage lenders are there to help you as much as they can and meet your needs to the best of their abilities. Knowing what questions to ask will help you decide which lender to choose from.    Which type of mortgage is best for me? Having a conversation with your lender about your credit score, …

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Mortgage Lenders in Ireland Today

In Ireland today, there are 10 mortgage lenders: Allied Irish Banks (AIB), Avant Money, Bank of Ireland (BOI), EBS, Finance Ireland, Haven, ICS Mortgages, KBC Bank Ireland, PermanentTSB, and Ulster Bank. Each one of these lenders is a financial institution that offers home loans to aspiring home buyers. When choosing the institution that fits your …

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Top 5 Trends to Watch in the Mortgage Industry in 2021

The mortgage industry broke records last year as the actions by Central Banks around the globe, who were gripped by the coronavirus pandemic, brought interest rates to record low levels. The reaction to these rates saw a massive increase in loan originations not only for new home purchases but for home refinances too. Other factors …

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JPMorgan Chase’s Fintech Takes Optimistic Turn

As the world becomes increasingly dependent on fintech for all financial transactions during the global pandemic, it’s been debated how traditional commercial banks will be able to adapt to this change. Economists have predicted that commercial banks will see a natural rise in profit as we start to come out on the other side of …

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Pre-Approval, Before and After

A good way to make sure you get approved for a mortgage loan as a first-time homebuyer is to go through the pre-approval process. It can help to show competency as a buyer and make you look more reputable as opposed to someone who could not get pre-approval. Knowing this information is very important for …

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Which Mortgage Type is the Best for You?

Obtaining a mortgage is an important process for those looking to purchase their dream homes. Because there are different mortgage types, it is important to understand each type of mortgage to determine which is best for your particular situation. To make this process easier for the many going through it, I have compiled a list …

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Are Reverse Mortgages Right for Older Borrowers?

The Central Bank of Ireland recently made changes to mortgage restrictions and re-opened the opportunity for older borrowers to get a Reverse Mortgage, also known as a Lifetime Loan. Since loan options are limited for older borrowers simply due to their age, a Reverse Mortgage is a loan option for older residents of Ireland that …

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The Covid-19 Mortgage Break

When it was realized that the Covid-19 pandemic was causing an overwhelmingly negative impact on employment and many people’s ability to sustain their financial obligations, the banks and financial institutions along with the Central Bank created a special arrangement to ease the pressure of mortgage payments. By design, offering a mortgage break would help the …

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Advice for Paying Off Your Mortgage

The first thought of any person who takes out a mortgage is usually “how fast can I pay this off?” And for rightful reasons, as having a continuous payment to eventually own your house over the course or close to thirty years can be stressful and draining. If you have the ability to pay off …

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