Stepping Onto The Property Ladder?

HSSCU is here to help our members buy their first home. What can we do for you?

  • Fund your 1st home
  • Show you how much you can borrow (up to max of €400,000)
  • 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.

Mortgage Affordability Calculator FTB Mortgage Guide

What Is The Process?

First Time Buyer Mortgage Guide

We know that getting your first mortgage can be a stressful time. That’s why we have put together our very own HSSCU First Time Buyer Mortgage Guide! 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 €400,000. This is the maximum for the loan only, meaning if you have surplus funds you can buy a house for more than this amount.  €400,000 will not be affordable for all members, which is why we created our mortgage affordability calculator so you can check how much you should be able to borrow!

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. You can see how much you can afford and your deposit requirements here. HSSCU is here to help you build however much of a deposit you need.

I have my deposit, what do I do now?

Simple! Either send us an enquiry by filling out our mortgage affordability calculator or call us on 01 677 8648 and speak directly to a HSSCU mortgage expert.

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.

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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.