The maximum loan amount that may be advanced (subject to lending terms and conditions) is €288,000 over a maximum term of 30 years. The maximum loan-to-value ratio is 90%. The maximum mortgage loan in each case will be determined by the local authority in accordance with lending terms and conditions, the €288,000 limit, loan-to-value limit and subject to the purchaser’s ability to repay. All applications will be assessed based on the applicant(s) current income, their existing loans and financial commitments. For successful loan applications an additional monthly mortgage protection insurance fee is levied.
Applicants must complete the Rebuilding Ireland Home Loan application form and return it to:
Dun Laoghaire Rathdown County Council
County Hall, Marine Road, Dún Laoghaire Co Dublin
Applicants must prove that they have sought a mortgage from two lenders (banks or building societies) and have received inadequate funding offers or refusals from each before making an application for a Rebuilding Ireland Home Loan to Dun Laoghaire Rathdown County Council.
PLEASE NOTE THAT INCOMPLETE APPLICATIONS WILL NOT BE PROCESSED AND WILL BE RETURNED TO THE APPLICANT(S)