Is proof of deposit required for approval in principle?

brokeagain

Registered User
Messages
231
Hi,

Just wondering if proof of the 8% deposit is required to obtain approval in principle? We are currenly saving but don't yet have the full 8% but would like to get an idea of what we can afford.
Thanks for your advice
 
Hi,

My recent experience was that they did not look for proof of deposit until just before
they issued the loan offer. They will just do a general check up of your finances before giving you approval in principle. It's AIB in this case.