Mortgage application from abroad

ExpatBuyer · 2021-02-19 16:46:29

I'm Irish and currently based in Asia and would like to return to Ireland in the future. I am interested in buying a house now that I could rent initially and move into later. I already have enough saved for a good deposit and have a decent income. Would any Irish banks consider taking a mortgage application from abroad in…

19-02-2021 05:46PM

#1

ExpatBuyer

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I'm Irish and currently based in Asia and would like to return to Ireland in the future.

I am interested in buying a house now that I could rent initially and move into later. I already have enough saved for a good deposit and have a decent income.

Would any Irish banks consider taking a mortgage application from abroad in a situation like this? It sounds like it could be terribly complicated...

Any pointers or insight are appreciated

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#2 19-02-2021 05:53PM

donnaille

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Worth speaking with KBC on this as I know they do.

Deposit for non-resident mortgages are 40%+.

Another point of note is that it is more difficult with non-euro denominated salaries. So expect a circa-20% loading on the current exchange rate.

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#3 20-02-2021 02:08PM

glut22

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We got approved for this exact purpose from abroad (different currency too) with AIB. Got approval in principle but never followed through for other reasons

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