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Bridging Loan?

  • 07-10-2022 8:45am
    #1
    Registered Users, Registered Users 2 Posts: 373 ✭✭


    I’m building a house and have a personal loan with BOI. I’ve made 4 monthly repayments and don’t meet the criteria for a new loan/top up as the loan is max limit for personal loans and I haven’t made 6 monthly repayments.

    I’m also one of the beneficiaries of a family member’s will. We’re selling the house, it’s gone sale agreed and we’re hoping contracts will be signed in the next week or two. Does anyone know if I can get a bridging loan from any of the banks until the sale is complete? My solicitor is willing to give an undertaking.



Comments

  • Registered Users, Registered Users 2 Posts: 4,492 ✭✭✭Buddy Bubs


    No matter what response you get here, which may or may not be factual, you're going to have to approach loan officers in a bank and ask the same question so I say get yourself on the phone asap



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