Home Run Mortgage - Overview
Affordable Housing.
If you've been approved to buy a house in a local authority affordable housing scheme the Home Run mortgage offers you a head start in your first steps on the property ladder.
- Wide choice - a range of fixed and variable rate mortgages to choose from.
- Flexibility - choose a term that suits you up to 35 years, depending on your age at application.
- 90% finance - based on the discounted property purchase price. Minimum loan amount €50,000. Maximum loan amount €500,000.
Restrictions apply
- You must be allocated with a property by the local authority before applying for the Home Run mortgage.
- You must also have been issued with a 'confirmation to lender' certificate from the local authority.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED ON IT.
VARIABLE RATE LOANS: THE PAYMENT RATES ON THIS HOUSING LOAN MAY BE ADJUSTED BY THE LENDER FROM TIME TO TIME.
WARNING: YOU MAY HAVE TO PAY CHARGES IF YOU PAY OFF A FIXED-RATE LOAN EARLY.