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Loan on sw

irishguy · 2014-01-12 15:18:08

I am guessing the answer to this, but would anyone know if it's possible for someone on social welfare to borrow to buy a house? They would be getting a 55k inheritance and would be looking to borrow 15k for the place over say 10 years. Which would be about the same as the social welfare rent contribution, of around €150…

12-01-2014 3:18pm

#1

irishguy

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I am guessing the answer to this, but would anyone know if it's possible for someone on social welfare to borrow to buy a house? They would be getting a 55k inheritance and would be looking to borrow 15k for the place over say 10 years. Which would be about the same as the social welfare rent contribution, of around €150 per month. I was thinking about the credit union.

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#2 12-01-2014 5:45pm

phormium

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Credit Union would be your only hope and would depend on the individual CU's policies.

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