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Ireland's best mortgage lenders

We compare all types of mortgages and interest rates from Ireland's top lenders. Find the best bank for your borrowing needs.

AIB

AIB has over 200 branches across Ireland and a range of mortgages to suit every type of buyer. It's working towards carbon neutrality by 2030 and offers low interest rate green mortgages for homes with a high energy rating. If you get an approval in principle with AIB, it will last for 6 months.

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Avant Money

Avant Money uses a panel of selected mortgage brokers that are all regulated by the Central Bank of Ireland. Whichever broker you choose, you'll be guided through your mortgage journey from start to finish. You'll get a decision on your mortgage application within ten working days.

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Bank of Ireland

With a history dating back to 1783, Bank of Ireland offers fixed rate mortgages lasting between one and ten years, plus a discounted rate green mortgage for high energy rated homes. Existing customers can benefit from cashback mortgages and flexible options like payment breaks and splitting your mortgage rate.

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EBS

EBS aims to help as many people as possible own their own home. As well as offering mainstream mortgages, it also offers self build mortgages if you're building your own home. EBS has Mortgage Masters located in communities across Ireland that can offer expert help to first time buyers, movers and switchers. You can book a call or meeting at your local office to get started.

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Finance Ireland

Finance Ireland is privately owned and uses a nationwide panel of mortgage brokers who assess each mortgage application on its own merit. There's no credit scoring and they can offer greater flexibility than other lenders if you're self employed, have previous credit issues, or are looking to refinance or buy an investment property.

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Haven

With Haven, you start by choosing a local intermediary who will manage the end to end mortgage process for you. Haven offers mortgages for first time buyers, next time buyers and switchers. Whatever your mortgage needs, your intermediary can match you with a lender to suit your circumstances.

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ICS Mortgages

ICS Mortgages offers a range of mortgages for first time buyers, switchers, movers and buy to let investors. Most of its products offer the flexibility to overpay 20% of your mortgage a year and take payment holidays throughout your term. You can apply for a mortgage directly or through a mortgage broker.

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KBC

KBC Bank Ireland offers mortgages for first time buyers, investors, movers and switchers. It has handy calculators to help you work out what you could borrow and save. KBC offers flexible mortgage options like mix and match rates, that let you split your mortgage between a variable rate and fixed rate. They'll no longer accept new applications after 15th July 2022.

Permanent TSB

Permanent TSB has a network of branches across Ireland. It offers mortgages for first time buyers and movers alike and self build mortgages if you're building your own home. There are flexible repayment options like payment holidays, overpayments and choosing your mortgage payment date.

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Ulster Bank

Ulster Bank is no longer accepting new mortgage applications from new or existing customers including first time buyers, movers or switchers. Existing mortgage customers can continue to apply for a Top Up Mortgage until the 26th August 2022.

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How many mortgage lenders are there in Ireland?

There are nine main mortgage lenders in Ireland:

• AIB
• Avant Money
• Bank of Ireland
• EBS
• Finance Ireland
• Haven
• ICS Mortgages
• KBC*
• Permanent TSB

* KBC will not be accepting new applications after 15th July 2022. When KBC leaves the Irish market, your mortgage may be transferred to the Bank of Ireland. Find out more about changes for mortgage holders at KBC here.

How to choose the best mortgage lender

You can use our mortgage comparisons to narrow down your search for the right mortgage lender. To find the best deals for your circumstances, choose one of the following:

• First time buyer
• Home mover or switcher
• Remortgage deals

There are other circumstances that may reduce your choice of lenders. Our guides can help you find out more about getting a mortgage, if you're:

• building your own property
• self employed
• struggling with bad credit

Check the interest rate

Load the comparison and start with the lender offering the lowest rate but don't forget to factor in any extra fees.

Compare the total cost over your mortgage term, as well as the monthly repayments.

Check your eligibility

Unfortunately, finding the best rate doesn't mean you'll get it. Check if you meet the lender's eligibility criteria e.g. the loan to value and minimum loan term and value before you apply.

If you don't meet their criteria, move on to the next lender and continue until you've found your ideal match.

Check the product terms

Some lenders offer more flexibility than others and their incentives vary too, so you'll need to prioritise what's most important to you. Some of the different benefits lenders offer include:

• Payment holidays
• Overpayment options
• Cashback
• Split mortgage rates

Flexibility is often linked to the rate type, e.g. whether the rate is fixed or variable. If you're not sure which is right for you, our pages on variable rate mortgages and fixed rate mortgages can help.

Should you use a mortgage broker?

Some lenders require you to use one of their mortgage brokers to take out a mortgage with them.

There may also be circumstances where you choose to use a mortgage broker, perhaps because you're struggling to find a lender that will lend to you or a first time buyer requiring advice.

A mortgage broker is helpful if your credit history is poor or have a different employment status e.g. if you're self employed.

They can search the market for you and offer advice about products and lenders. Find out how a mortgage broker can help you in our guide, Should you use a mortgage broker?

Always check if they charge a fee and what it is before you use their service.

Compare mortgage rates & deals

Find the best first time buyer and home mover mortgage deals in Ireland using our comparison.

Warning: If you do not keep up your repayments you may lose your home. Warning: The cost of your monthly repayments may increase. Warning: You may have to pay charges if you pay off a fixed rate loan early. Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future. Warning: The entire amount that you have borrowed will still be outstanding at the end of the interest-only period. The payment rates on this housing loan may be adjusted by the lender from time to time. (applies to variable rate loans only) Information provided and Interest rates quoted valid at 21/06/2022

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Source: https://switcher.ie/mortgages/lenders/

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