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Credit Union Loan?

  • 10-02-2011 4:29pm
    #1
    rorysllvn2
    Registered Users, Registered Users 2 Posts: 22 ✭


    do you think the credit Union will give me the loan of 35K?
    Tagged:


Comments

  • #2
    rescue16
    Closed Accounts Posts: 209 ✭✭rescue16


    You would be off your head to do it this way do you have a mortage if not you can apply for the loan but i dont think you will get it as they are very tight now with giving out loans you might have a better chance with a bank or building society but if you have a mortage then you can apply for a top up.


  • #3
    rorysllvn2
    Registered Users, Registered Users 2 Posts: 22 ✭rorysllvn2


    no i don't have a mortgage, and don't want one either thats why i want to top up my loan. i would have the log cabin paid off in about 7 or so years, don't see the point in getting tied down with a huge mortgage when i dont have too.


  • #4
    Opinicus
    Closed Accounts Posts: 816 ✭✭✭Opinicus


    Don't know if they will give that much out. You need to have approx 25% in savings for the loan. Worth a try though!


    out of interest do you have a link to these log cabins. Might be something I'm interested in myself. Thanks


  • #5
    rorysllvn2
    Registered Users, Registered Users 2 Posts: 22 ✭rorysllvn2


    ah ya never know, i have been paying off €100 a week for the last year without missing a week so i don't really see why they shouldn't, and have a steady job.

    I would love to get one, beats renting anyway. Don't see the point in paying out over 500 a month on a house that you will never own, least this way its yours at the end of the day!
    this crowd seem very good value for money
    http://www.loghouse.ie/


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