Loans Mortgages

Your new home for mortgages.

For first time buyers, for movers, for switchers, for self-builders, for anyone who needs one.

The type of mortgage we offer is a new mortgage offering in Ireland: a Capped Variable Rate Mortgage.

So, what’s that? Simply put, it offers all the flexibility of a variable mortgage but with the peace of mind that comes with a fixed rate, as your repayments will not exceed a stated rate within the first three years. Our current rate is 3.85 (APRC* 3.92%) capped at 4.40% (APRC 4.5%) for 3 years.

As you know, we pride ourselves on our customer service and personal touch, but there are even more reasons why a credit union mortgage might be for you

We provide mortgages up to the value of €400,000

Fortnightly or monthly repayment options

3.85% Variable Rate (Interest rate capped at 4.4% for the first three years).

Max term 35 years for mortgages

We are owned by our members, so this is a mortgage by people, for people

Service that offers a personal touch

No hidden fees

No penalties for early repayment

Fast loan response time

Maximum LTV (Loan to Value) = 90% on PPR (Principal Private Residence)

First legal charge is required for all home mortgage loans

Available only for properties in the Republic of Ireland
Applicants must be over the age of 18 years old

*APRC (Annual Percentage Rate Charge) is the total cost of credit to the consumer, expressed as an annual percentage of the total amount of credit. It includes interest and all standard fees payable by the consumer in connection with the loan

If you want to find our more about our mortgage, or begin the application process, talk to us at West-Midlands Credit Union.

We understand that sometimes members experience financial difficulties for any number of reasons. Should you find yourself in a position where you are finding it difficult to manage your mortgage repayments, please contact us as soon as possible.
We have a Mortgages Arrears Resolution Process which sets out guidance for our members who have a mortgage with us, it is available here
To learn more about our Mortgage variable Rate Policy, click here:Download The Credit Union Mortgage Variable Rate Policy (191.9kb)

Apply Online Contact Us Today Loan Calculator Call Us

Flexible Repayments
Repayments that fit in with your budget

96% Approval Rate
Our loan approval rate is higher than you think.

No Early Repayment Penalties
Repay loan early option.

No Fees or Charges
No hidden fees or charges.

Have a Loan Question?
Read our loan FAQs
here

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, a hire- purchase agreement, a consumer-hire agreement or a BNPL agreement in the future.

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

Loans are subject to approval. Terms and conditions and normal lending criteria apply