Collins Financial


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1890 252 840

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Mortgage Services
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Terms of Business


Customer Comments

"I was amazed at how easy Collins Financial made the whole process for me. Once I gave them my details, they did all the work for me. I'm moving into my house next month. Thank you Collins Financial."
Co. Leitrim
"Tom explained everything including the insurance implications."
Co. Longford
"I was finding it hard to get a mortgage through any of the lenders. I went to Collins Financial and they fought my case for me. I was offered a mortgage last week and I owe it all to Collins Financial"
Co. Longford
How much can i borrow?
There are a number of deciding factors when it comes to determining how much you can borrow. These can be broadly broken down into the following:
Number of applicants Dependants
Income of applicants Monthly repayments on outstanding loans
Marital Status Amount required
Remember - as independent and impartial financial consultants, we can weigh up the relative merits of individual offers from leading financial institutions.

factors influencing how much you can borrow
Number of applicants
A single applicant can avail of room rental whereas a dual applicant has greater borrowing power.
Income of applicants
In the past lenders would give you a mortgage based on a multiple of your salary but recently they are using your net monthly disposable income to calclate how much you can borrow. However, there may be other factors which would be taken into consideration. These include overtime, bonuses, secondary employment, commission, renting a room in a house etc.
Monthly repayments on outstanding loans
These would include personal and car loans. This would affect the applicant's ability to make loan repayments
Loan amount as % of the value of the property you wish to buy
Are you looking for a 92% mortgage or have you savings to put down a deposit on the property?
Your marital status / dependants
Your marital status and number of dependents may also affect the final offer