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Mortgage application from abroad

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  • 19-02-2021 5:46pm
    #1
    ExpatBuyer
    Registered Users Posts: 2 ✭


    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
    donnaille
    Registered Users Posts: 246 ✭✭donnaille


    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
    glut22
    Registered Users Posts: 188 ✭✭glut22


    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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