Mortgage Loans

5% (5.12% typical APR)

Get Your Mortgage Today

Buying a property is a stressful time. What to buy (and where)? How much to bid (and when)?

When you’ve finally found what you’re looking for and you need a mortgage, you want to deal with a lender you can trust.

A mortgage from a credit union is funded by the savings of other people within your community.

All lending decisions are taken at local level, not in some remote head office. Credit unions excel in personal service which they provide.

Mortgage Loan Features

  • Available for the Purchase of Private Dwelling Houses only.

  • Loan to Value (LTV): Maximum loan: 90% of market value of property for first time buyers and 80% of market value of property for non-first time buyers.

  • Loan to income: Maximum loan: 4 times gross primary income

  • Interest Rate: 5.00% (5.12% APR) is fixed for at least the first 5 years of the Mortgage. The Credit Union has the option to increase the rate to a maximum of 6.25% (6.43% APR) throughout the term of the loan.
  • Maximum loan term 25 years.

  • Minimum Loan €50,000.

  • Maximum Loan €250,000
  • Free Loan Protection Insurance (Terms and Conditions Apply).

Supporting Documentation

What documents are required for a loan application?


  • 3 months recent and up to date bank statements
  • Credit Card Statement (if applicable)
  • Mortgage Statement (if applicable)

Proof of Income

  • PAYE Employee – 3 recent pay slips
  • Self-employed –

    • 2 years most recent set of Trading Financial Accounts.
    • Revenue Income Tax Notice of Assessment or Form 11 for the last 2 years.
    • Tax Clearance Certificate or Confirmation regarding Tax position.
    • 3 Months up to date Bank Statements (Personal and Business).
  • Social Welfare – 2 recent payment receipts
  • Retired – Proof of all pensions

Photo ID

  • Photo ID – Passport / Driving License
  • Proof of Address – Utility Bill, Bank Statement (dated within the last 6 months)
  • Proof of PPS Number – Medical Card, Payslip, P60

Loan Application Process

1. Become a Member

Once you are living or working within our common bond you are eligible to join us today and start borrowing.

2. Calculate your Loan

Estimate how much you could borrow and calculate your repayments: weekly, fortnightly or monthly using our online calculator.

3. Apply for Loan

Apply for your loan from the comfort of your home or in one of our 9 offices. Applying for a loan is easy and quick. Apply now!

4. Sit back and relax!

The decisions are made quickly on loan applications, usually within 24 hours.

Mortgage Loan – 5% (5.12% typical APR)

Representative Example

A 20 year Mortgage Loan of €100,000 will have monthly repayments of €659.96, Interest 5% variable, (5.12% APR). If the APR does not vary during the term of the loan the total cost of credit is €8,408. The total amount payable is €58,408.

Loan Amount Interest Rate Loan Term Total Interest Monthly Repayment Total Cost



20 Years




How to Apply?


The fastest way to apply is on our Mobile App or via your Online Account.

Call Us

Call us during office hours on
065 6828305.

Email Us

Send an email with your loan details to us at

Visit Us

Call into any of our 9 offices in Clare with all your required documentation.