You can clear your mortgage with our Mortgage Redemption Loan at 4.25%
Requirements to apply for this Loan
- 3 Months Bank Statements
- 3 Recent Payslips
- Letter from Mortgage Lender stating Redemption figures
Conditions Applied to this Loan
- Term & Maximum Loan Amount may be Restricted
- Personal dwelling houses only
- Full Redemption of existing mortgage
- 1st Legal charge in favour of St Raphael’s Garda Credit Union may be required
- Only 1 Loan granted in this category
- Life Cover may be required
- Maximum Loan to Valuation 50%
- Only available to properties within the State
- Written Proof of Redemption figures from Lender
- Valuation may be required on property
- Buildings Insurance Certificate may be required
- Cost of Legal fees carried by borrower
- No Interest Rebate will be applied by the Credit Union
Repayment Frequency
Monthly/Fortnightly/Weekly
Term may be restricted
