Stepping Onto The Property Ladder?

Once our mortgages reopen First Time Buyers can avail of the following.

  • Fund your 1st home
  • Show you how much you can borrow (up to max of €700,000)
  • Help you apply
  • Help you build a deposit

No matter what stage of the journey you’re at, HSSCU is here to help our First Time Borrowing members. Not a member yet? No problem, apply for membership here and once a member, you can apply for a HSSCU mortgage.

Stepping Onto The Property Ladder?

What Is The Process?

As mentioned above due to high demand HSSCU is currently oversubscribed for mortgages. Updates on when mortgage applications reopen, will be available on our website and social media. We apologise for any inconvenience this may cause.


For any other questions or a quick overview, please read below.


What is a mortgage?

A mortgage is a home loan and it’s how most people get their feet on the property ladder. It is often the best route to stop renting and own your very own home. With mortgages, the home becomes security for the mortgage loan. HSSCU agrees to lend you money to buy a home and you agree to repay it. HSSCU does not currently offer mortgages for self-builds.

How much can I borrow?

HSSCU’s maximum First Time Buyer Mortgage amount is €700,000. This is the maximum for the loan only, meaning if you have surplus funds you can buy a house for more than this amount.  €700,000 will not be affordable for all members.

Will I need a deposit?

Yes. You will need a minimum of 10% of your mortgage amount as a deposit. You may need some extra funds for the legal fees of purchasing a home. HSSCU is here to help you build however much of a deposit you need.

I have my deposit, what do I do now?

Due to high demand HSSCU is currently oversubscribed for mortgages. If you wish you can make an expression of interest and be added to our list. When applications reopen, we can contact you to apply then.

What happens after I apply?

Leave it with us. We will contact you if there’s anything else we need and we will decision your application as quickly as possible.

Benefits of Choosing a HSSCU First Time Buyer Mortgage:

  • Competitive, variable interest rate
  • Up to 90% Loan To Value (LTV)
  • Repayment term up to 35 years (dependant on age of applicant(s))
  • Apply from home with easy, quick applications
  • Keep track of your mortgage easily with HSSCU's free online banking and mobile app
  • Having your mortgage with a non-profit company you can trust
  • Supporting your community

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: If you do not keep up your repayments you may lose your home.

WARNING: The cost of your monthly repayments may increase.

WARNING: The payment rates on this housing loan may be adjusted by the lender from time to time.

Security, property insurance and life cover required.

Loans are subject to approval. Terms & conditions apply.