sun_sparks
Registered User
- Messages
- 416
Hi,
Help! We just got refused for a 100% mortgage as we have not yet been working for a full year after coming back from travelling.
Am with Drumcondra Credit Union. Boyf is with Blessington CU.
We need a deposit of €35,000 minimum for a house (maybe €45,000 if we go second hand).
At the moment, we have €5,000 savings and will be gifted €10,000 from our parents - total €15,000.
This leaves us with a shortfall of €20,000 at least (and that's not paying for furniture).
Problem is that I lodged €10pw for 12wks and then never set up a standing order. This was 5 months ago. Bal €120.
He lodged €50 to open the account and then stopped.
So we have no savings record.
Is it in any way possible that we could lodge a lump sum and borrow? Does anyone know what these CUs are like?? We would be paying it off as quickly as possible to avoid paying through the nose.
Thanks in advance!
Sun
Help! We just got refused for a 100% mortgage as we have not yet been working for a full year after coming back from travelling.
Am with Drumcondra Credit Union. Boyf is with Blessington CU.
We need a deposit of €35,000 minimum for a house (maybe €45,000 if we go second hand).
At the moment, we have €5,000 savings and will be gifted €10,000 from our parents - total €15,000.
This leaves us with a shortfall of €20,000 at least (and that's not paying for furniture).
Problem is that I lodged €10pw for 12wks and then never set up a standing order. This was 5 months ago. Bal €120.
He lodged €50 to open the account and then stopped.
So we have no savings record.
Is it in any way possible that we could lodge a lump sum and borrow? Does anyone know what these CUs are like?? We would be paying it off as quickly as possible to avoid paying through the nose.
Thanks in advance!
Sun