Hi
Going for a mortgage in Ireland for first time. We have a house in Aus valued $290k loan balance $270k.
Interest only repayments of $1100max per month. rental income 335per week.
If we disclose this are we classed as second time buyers in Ireland?
How much info would we expect to give banks here: all aus accounts?
House valuation?
Rental statements?
Would our stress test include an Interest rate increase on the Aus house loan too?
Any info or links regarding applications here when applicant has overseas mortgage too, most welcome.
Thanks
Going for a mortgage in Ireland for first time. We have a house in Aus valued $290k loan balance $270k.
Interest only repayments of $1100max per month. rental income 335per week.
If we disclose this are we classed as second time buyers in Ireland?
How much info would we expect to give banks here: all aus accounts?
House valuation?
Rental statements?
Would our stress test include an Interest rate increase on the Aus house loan too?
Any info or links regarding applications here when applicant has overseas mortgage too, most welcome.
Thanks