Questions you were asked when making mortgage application

CramCycle · 11-09-2024 03:15PM

https://www.boards.ie/discussion/comment/122604358#Comment_122604358

Key words being "A house", not the house they were looking at in South Dublin, D4. The house they were looking at was several fold the cost of my own. They could have bought my house for cash within two years if they lived semi frugally.

11-09-2024 05:29PM

https://www.boards.ie/discussion/comment/122605734#Comment_122605734

I take it your taking the mickey here? Or are you actually serious. That's complete nonsense. Never knew my bank statements had time stamps on it. 😂

CramCycle · 11-09-2024 05:34PM

https://www.boards.ie/discussion/comment/122606199#Comment_122606199

I'm literally repeating what was said to me, nothing more, nothing less. I used to do the lotto but that was in person, with a card, but didn't affect my application, I would presume that level of detail is not conveyed in a card payment when done with general shopping. I know nothing about whether it does or does not affect your credit score, it was said to me by someone doing a MSc in the area but as you and I both know, plenty of stupid people have good educations and plenty of people parrot stuff (the irony being me in this thread) they heard from others.

I don't believe or disbelieve, just repeating what was said to me.

CramCycle · 11-09-2024 05:41PM

https://www.boards.ie/discussion/comment/122605453#Comment_122605453

Maybe so, they lost the house they were after either way but got one a little over 6 months later. A weird lie considering they only told us when we told them of our mortgage woes, which were not gambling related, just AIB underwriters asking for additional info and then AIB not actually asking us, repeatedly.

As any of us who actually got a mortgage know though, what the bank tell you and what the underwriters sign off on can be vastly different. I was asked lots of stupid questions by AIB which in hindsight, felt more like tick box, feeling involved, gathering ad data than anything useful.

Raichų · 11-09-2024 05:54PM

https://www.boards.ie/discussion/comment/122606199#Comment_122606199

Would assume they mean if your dealing with the bank you have a current a/c with as I assume they can see date and time of transactions

Jonathan2712 · 12-09-2024 08:25AM

https://www.boards.ie/discussion/comment/122599221#Comment_122599221

There is a little over e136 billion on deposit in Irish banks from non-commercial depositors (regular people not business'). If your total deposit is less than say e5m, I doubt that they would even care. If your deposit is less than e100m it's not even going to be a rounding error on their balance sheet.

Jonathan2712 · 12-09-2024 08:29AM

I assume it makes a big difference if you apply for a mortgage from the bank that you do most of your banking with, as they can see pretty much everything already. When I got my mortgage, it was a quick phone call to apply, and within 15 min I was approved. I just had to sign some forms. That was it. This was just six years ago, so certainly not in the crazy days.

bigboss1986 · 12-09-2024 08:37AM

I had few Paddy Power payment on my Revolut.They were small ,like 20€/week.Was no problem for ICS who were the cheapest at the time.

antodeco · 12-09-2024 02:43PM

I went with a broker, GMC with PTSB. I had been using Doddle but they took weeks to review documents I was uploading. For me, if when I'm trying to give you business you aren't urgent, then when I actually need something urgently, I'd have my fears.

I had applied with AIB who annoyingly, wouldn't review any documents until I went into a branch with photo ID. No AIB branch near me that's open at least during "normal hours". Id happily supply photo ID at drawdown if needed, but the whole point of an online application is the ease of use.

PTSB, usual questions. Had a few large payments back and forth (all but one being less than 2k). Was able to be explained fairly easily.

Degag · 18-09-2024 07:48PM

Anyone have experience with Haven and gifts? Do they actually need the money physically in your account or just the form signed to signify the money can/will be gifted to you?

Questions you were asked when making mortgage application

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