Home Choice Loan
Is a Government backed mortgage for First Time Buyers.
Home Choice Loan is now available through authorised mortgage brokers.
Home Choice Loan is a mortgage for First Time Buyers and is provided nationwide by four designated Local Authorities.
First time buyers can apply for a Home Choice Loan to purchase a new or second hand property or build their own home.
Home Choice Loan provides up to 92% of the market value of a property purchased. The maximum loan amount is €285,000. The loan is a normal Capital and interest bearing mortgage which is repaid on a monthly basis.
Home Choice Loan offers one variable interest rate. The rate is currently set at 3.50% variable. APR 3.56%.