02/10/2026
Thinking about buying in Ireland?
Here's what your lender is actually looking at before they say yes 👇
1️⃣ Your Income vs. Loan Amount
First-time buyers can typically borrow up to 4x their salary, and for second-time buyers, this can be up to 3.5x.
2️⃣ Your Deposit
You will need to have at least a 10% deposit saved, and this will be calculated as a percentage of your desired property's value.
3️⃣ How Steady Your Income Is
Lenders need to know the employment and contract you are on, as this can be an indicator of repayment capability and also, for them, risk.
4️⃣ 6 Months of "Proof"
An important part of mortgage approval relies on repayment capacity, and this is decided based on the proof you can offer the lenders, often in the form of showing that you save, pay rent, and/or clear loans consistently.
5️⃣ Your Credit History
Lenders will need to evaluate records of previous loan payments, credit cards and overdrafts and whether they were paid on time. They will also look out for flagged, missed or late payments too,
💡 Our best advice? Talk to an advisor at Mortgage ABC early on. We can help you figure out exactly where you stand on all of the above, and give you extra, tailored advice specific to you.
Visit our website and take a Pre-Approval or Remortgage Assessment today; it takes less than just 10 minutes 🔗 https://mortgageabc.pulse.ly/esw0ofxbro
Or get in touch with us via phone or email 👇
📞 0818 183033
📧 [email protected]
