Avant for mortgage?

stevie_indie_g · 12-05-2023 03:00PM #1

Hi,

I'm seeking a mortgage via my broker and was suggested to go for Avant.

Would you have any feedback dealing with them and how safe is it to go with them? Since they're not a traditional bank?

Any inputs or experiences would be helpful.

Thanks in advance

sphinxicus · 12-05-2023 03:13PM

got a 7 year fixed rate with them back when they were offering 1.9% rates. No issues with them, however i would say you would want your mortgate broker to be on the ball as they can be very picky/strict with documentation.

Get all your documents in order and scan them at a good quality (they complain about substandard quality) if your broker will accept digital versions.

Only downside i have found is the lack of online portal to be able to view your current balance/payments etc.

Henry Ford III · 12-05-2023 05:30PM

https://www.boards.ie/discussion/comment/120587833#Comment_120587833

What did your Broker say when you asked them this?

This is one of the bigger financial decisions and commitments you'll make so their advice is important.

The Phantom Jipper · 12-05-2023 05:42PM

Avant are legit so no worries about them being a scam or anything. I would recommend though to go on switcher or bonkers and input your data (deposit amount, house value etc) and see who is offering the best rates. It's possible Avant may not be the best option for your circumstances

Jim2007 · 12-05-2023 06:08PM

https://www.boards.ie/discussion/2058296186/avant-for-mortgage

Avant is a legitimate lending organisation, so there is nothing to fear at this time. As for the future, none of us know how which way interest rates will go, how the economy will work nor the future of the institution. But at the end of the day you will have their money and they will have to try and get it back, so as long as you are confident that you'll be able to meet your mortgage payments as they fall due, i would not worry too much about it.

12-05-2023 06:26PM

Similar to above, locked in last year at 1.95% for 7 years. The broker I used was excellent (PM me if you want details) and the whole process of switching to them was simple. They allow generous overpayments to be made of that's something you're interested in.

CatInABox · 12-05-2023 07:07PM

Went with Avant when we moved last year, ten year fixed. As above, they're very strict on docs, but a good broker will get you through that no problem.

Despite that reputation, they were surprisingly flexible in other ways, and quite helpful in others. All in all, I can't fault them at all really.

the_amazing_raisin · 12-05-2023 07:40PM

The thing that put us off Avant was the 1% limit on overpayments during the fixed rate period

Many other banks will let you put in up to 10% of the balance in without paying a fee

Now it's worth saying that the overpayment fee only applies if the interest rate is lower than when you started. Rates might go up for a while yet but if signing up for a 7 year fixed rate then it's likely they'll be lower by the end

So if you're planning to make overpayments then read the terms and conditions carefully and know what you're signing up for

CatInABox · 12-05-2023 08:17PM

https://www.boards.ie/discussion/comment/120588807#Comment_120588807

That's odd, it's ten percent according to their website, and it's ten percent in our fixed contract. I believe they may have it worded unusually, but the end result is that you can make two over payments in one calendar year, which cannot exceed ten percent of the balance.

the_amazing_raisin · 12-05-2023 08:21PM

https://www.boards.ie/discussion/comment/120588929#Comment_120588929

Oh that's cool, sounds like they updated it since the last time I was looking (around 2020)

Glad they finally changed it, it would really put you off overpaying the mortgage and clearing it early

Davexirl · 13-05-2023 07:59AM

I switched to Avant last year and I have had no issues.

The J Stands for Jay · 13-05-2023 10:42AM

https://www.boards.ie/discussion/comment/120587833#Comment_120587833

I'm the same, but I didn't have any issue scanning and emailing documents. I've never had a mortgage with an online portal, so that hasn't been an issue. I've set up a spreadsheet to show what the outstanding balance is at any given point instead.

bunderoon · 28-01-2026 04:12PM

Old thread but wondering if how we went about getting the broker?

Do they also handle the legal side? Or does one need to pay for a solicitor as well as the the broker?

Rocket_GD · 28-01-2026 04:16PM

https://www.boards.ie/discussion/comment/124187597#Comment_124187597

You shouldn't be paying for a mortgage broker. Some will have relationships with solicitors but I think it's best to get your own through recommendations.

bunderoon · 28-01-2026 04:26PM

Just had a glance at AvantMoney and saw brokerages listed. None are in my county.

Solicitor handled the original mortgage etc as normal about 10 years ago. Havent needed him since.

CatInABox · 28-01-2026 10:56PM

https://www.boards.ie/discussion/comment/124187639#Comment_124187639

Avant would work with any broker, not just the ones on the website. Ask around your area, I always think that you're better off going local for something like a broker, means you'r not trekking across the country to go and meet them.

Rocket_GD · 29-01-2026 12:02AM

https://www.boards.ie/discussion/comment/124188775#Comment_124188775

Much better to just do it all online through a portal, no need to bring any paper statements, upload your docs, can have zoom calls if needed. In 2026 there’s no need to have to meet them in person at all.

Citrus_8 · 30-01-2026 10:23AM

https://www.boards.ie/discussion/comment/124188775#Comment_124188775

Most brokers are online these days and don't need to meet them. My broker was the Irish Mortgage Corporation and I had a few Zoom calls, one telephone call and all the required documents had to be uploaded to their online portal. They work with Avant (Bankinter) and all the banks and most of other institutions such as MoCo, nua, ICS etc. if anyone wonder.

Rocket_GD · 30-01-2026 10:29AM

https://www.boards.ie/discussion/comment/124191908#Comment_124191908

Ye, we used the very same broker, they were very helpful and the process was extremely smooth when we got our mortgage. They're now assisting us in the switching process and again have been excellent.

Davexirl · 30-01-2026 10:32AM

I used Doddl to switch my mortgage to Avant a few years back, it was very straightforward and I uploaded all my documentation into their portal, the whole journey was completed online.

https://doddl.ie

The J Stands for Jay · 02-02-2026 02:25PM

https://www.boards.ie/discussion/comment/124188775#Comment_124188775

I never met the broker I got my avant mortgage from

Geuze · 02-02-2026 10:35PM

https://www.boards.ie/discussion/comment/124187597#Comment_124187597

I am based in the west of Ireland, and I used a broker in Clonee/Ongar called First Rate, to switch to Avant.

I did not travel there, and I don't think I ever spoke to them, all done by e-mail, as far as I can recall.

Avant paid First Rate.

Avant for mortgage?

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