Mortgages

Quickstart Guide - How to find the best value mortgage on bonkers.ie.

...
Caoimhe Bermingham
Staff Writer

At bonkers.ie, we want to help you find the best mortgage to suit your needs. To ensure you get keys to your dream home, we have put together a series of articles that will help guide you through the mortgage application process.

Welcome to the first guide in our eight-part mortgage application series, which aims to help you find the best value mortgage for you on the market. 

In this piece, you will find the other guides in the series linked throughout it, accompanied by a brief outline on what each one focuses on. 

If you’re unsure about how to apply for a mortgage, what the mortgage completion process entails, or you simply want to know what documents are needed for your application, then you have come to the right place!

Learn how to compare mortgages on bonkers.ie  

The second guide in our mortgage application series outlines how our free mortgage comparison tool works as well as our mortgage broker service

From filtering your results to arranging a callback with one of our qualified mortgage advisors, this guide leaves no stone unturned when describing what to expect when using our free mortgage services. 

You will also learn about how our fully digital and paper-free mortgage broker service will assist you with the mortgage application process. 

A step-by-step guide on the mortgage completion process 

The mortgage completion process can take between 3 to 6 months so it’s important that you are aware of each step involved in the process. 

This detailed guide outlines what happens once you receive your Approval in Principle, make an offer on a home, and start drawing down the mortgage. As well as this, you will discover why you need to hire a solicitor and why you have to get a valuation done on your future home. 

This guide is suitable for both mortgage switchers and those of you looking to purchase a home.

Find out what documents are needed to apply for a mortgage

Applicable to first-time buyers, self-employed applicants, mortgage switchers and those of you planning to build your own home, this guide lists the various documents you need when applying for a mortgage

By making sure that you have your proof of employment, credit report and bank statements in order and ready to submit, you can avoid any delay in your application process.

It will also help ensure that you get the seal of approval for a mortgage from your chosen lender. 

Gain an insight into how mortgage applications are assessed

The fourth guide in this series outlines the different considerations lenders take into account when assessing a mortgage application

For instance, your age, your saving habits, your income and your fondness for gambling sites will all be assessed and will help lenders determine whether or not to grant you a mortgage. 

You will also discover some of the reasons why your mortgage application could be rejected.

25 common mortgage terms explained 

In this guide, we outline the most common mortgage-related terms that you will encounter when comparing and applying for a mortgage. 

Each term is clearly defined and explained in detail, so you will no longer be left scratching your head trying to figure out what Annual Percentage Rate (APR) or Loan-to-value (LTV) means. 

13 common mortgage questions answered

With this guide, we aim to dispel any confusion you may have surrounding the mortgage application process

So if you’re wondering whether getting a cashback mortgage is good value or not, what the fees you are expected to pay when taking out a mortgage are, or if you simply want to know how long a mortgage term can last, then this is the perfect guide for you!

You will even find out if it is possible to apply for a mortgage with a bank that you are not a customer of. 

10 things to know before applying for a mortgage 

Did you know that you need to be in your job for at least six months in order to be considered for a mortgage? Or that having outstanding loans will reduce the amount of money you can borrow? 

In the eighth and final article in this series, you will discover certain things you need to bear in mind before applying for your mortgage to ensure your application gets approved. 

Compare mortgage rates on bonkers.ie 

You can find the best value mortgage rate for you using our free mortgage calculator.  

Our service allows you to compare fixed and variable interest rates, cashback offers and incentives from Ireland’s main lenders.

When it’s time to apply for your mortgage, you can submit an online enquiry through our free and fully-digital mortgage broker service. 

But why stop there? On bonkers.ie, you can also find the best prices and deals on energy, broadband, insurance and other banking products in just a few clicks.

So start your savings journey today with us! 

Check out our other Quickstart Guides

If you found this guide helpful, why not take a look at our other Quickstart Guide series? 

You can discover our full range of mortgage articles on our blog and guide pages.

Get in touch

Are you about to start your mortgage journey? If so, let us know today! You can connect us on Facebook, Twitter or Instagram.

bonkers.ie
Compare, Switch, Save

bonkers.ie is a trading style of Bonkers Money Ltd. registered office Nutley Building, Nutley Lane, Dublin 4. Registered in Ireland, company number 477742. Our logo and the word bonkers® are registered trademarks of Bonkers Money Limited and may not be used or reproduced without prior written permission. Bonkers Money Limited, trading as bonkers.ie, is regulated by the Central Bank of Ireland.

Commission for Regulation of UtilitiesGuaranteed Irish