Non-resident mortgage documentation challenges

loznduff

Hi,

I am working in the USA and looking to get a mortgage for a BTL property in Ireland. After reading some of the posts and talking to a couple of banks I am concerned that it will be impossible for me to meet the documentation requirements. 

For example - in one discussion with the mortgage representative at a bank, I was told that I would need original documents - bank statements, tax return, pay statements and a letter from my employer stating salary and job title "stamped".

My banking, taxes and pay statements are all done online AND my company does not use a "stamp" - nor letterhead as they also do most business electronically. Has any non-resident been able to get around these arcane 19th century practices?

Jimmy

Bank of Ireland: Tara P

loznduff wrote: »

Hi,

I am working in the USA and looking to get a mortgage for a BTL property in Ireland. After reading some of the posts and talking to a couple of banks I am concerned that it will be impossible for me to meet the documentation requirements. 

For example - in one discussion with the mortgage representative at a bank, I was told that I would need original documents - bank statements, tax return, pay statements and a letter from my employer stating salary and job title "stamped".

My banking, taxes and pay statements are all done online AND my company does not use a "stamp" - nor letterhead as they also do most business electronically. Has any non-resident been able to get around these arcane 19th century practices?

Jimmy

Hi Jimmy,


[font=Arial, sans-serif]Thanks for contacting us here on Boards.ie. [/font]

Our Mortgage team would be delighted to speak with you and we are happy to accept online documents at application stage.

We can arrange for a member of our Mortgage team to call you directly. If you’d like to send us a private message including your name and contact number, also a time that suits for a call back we’d just be conscious of the time difference we wouldn’t want to wake you up!

Alternatively you can apply online here.

Thanks,

Tara C

my friend

Bank of Ireland: Tara C wrote: »

we are happy to accept online documents at application stage.

Jimmy, Read that carefully .....

'At application stage'