Mortgage loans

What MyLenderLoans Brings for You with a Mortgage Loan in the UK?

As you have already known, we are one of the most authentic direct lenders in Ireland. Our borrowers have tagged us ‘All-Rounder-Lenders’. Our company offers money lending services under one roof providing all types of loans to get you the MOST APPROPRIATE financial service you need.

Our client’s priorities are the reasons we exist. We will work our heart and soul to make their financial expectations be met and fulfilled. We would also guide you in unique ways to make your mortgage loan get appropriately CUSTOMISED to suit the needs of our borrowers.

Our client’s priorities are the reasons we exist. We will work our heart and soul to make their financial expectations be met and fulfilled. We would also guide you in unique ways to make your mortgage loan get appropriately CUSTOMISED to suit the needs of our borrowers.

This happens in our years of experience. We help you get in touch with market insights through our whole-of-market approach to let you know the best mortgaging practices of the recent times only to get you to the right deal.

What is a Mortgage Loan?

A mortgage loan or a mortgage is a secured loan. It means that it is a loan that an asset secured. You get to borrow the money against that asset. In the case of a mortgage, this asset is your real estate property, i.e., your home. This asset is called the collateral.

One or more borrowers can take a mortgage loan out. You can use your home when the loan term is applicable only if you pay the monthly payment timely and sufficiently with the interest rate to which you and your lender agreed.

If you cannot pay off the loan amount in time, your lender might possess your home, resulting in your home’s foreclosure. However, these happen in rare cases, and we advise you on the best ways to repay the loan in time and that too comfortably.

What are the special traits of a mortgage us? Have a look below:

How Would You Expect Mortgage Loans Ireland to Work for you and your needs?

If you want to take out a simple mortgage loan, there might not be a better moment than this.

Do you know why? It is because we will guide you in exceptional ways. To learn how these loans work with MyLenderLoans, consider the following points.

Step 1: Application

You have to apply for the mortgage loan in Ireland by your end first. Only then we can be able to help you out. The process is made super-simple by us when you go through the online application form @ https://www.mylenderloans.com/apply-now.html

You are to enter these simple details:

• Name
• DOB
• Email Address
• Eircode
• Loan Amount
• Loan Type

Step 2: Verification

We need to go through the amount you requested from us and evaluate some vital details of your income statement, your residential status and ownership details and credit score etc., to find out if you can pay back the mortgage affordably using the loan interest rate and repayment plans we offer.

You need important documents like:

• Your valid paperwork for residential ownership
• Your electoral registration evidence
• Evidence of your latest employment of the last year (if you fail to show that, then an income proof of the last 9 months can do just fine)
• Bank statements for the last year
• Credit Card Score (Don’t worry if it is bad. We will come to it).

Step 3: Requirements

We would require some assistance from your side to begin the lending process. A down payment sometimes speeds the process up. Here are the requirements are written below for you.

• Fees: You do not need to pay any extra or special fee for the loan. All you need to do is to concentrate on the repayment terms.

• Interest Rates: The rates are subject to your financial needs and property evaluation again. The mortgage interest rates you might be thinking about will come after we both have had a formal discussion to finalise your loan amount and terms.

• Down Payment: You can make a down payment of at least 10% of the value of your property. This is the minimum amount required. You can still make a larger down payment, which may bring more favourable loan terms for you.

Step 4: Negotiation

We understand what you need. Our company can do this through quality negotiation centring on the mortgage loan you are about to take from us. We have devised some simple ways for this.

• Comfort: To make this process free of hassles and interesting, we keep everything, including the online application; the verification process; and the negotiation, organised to offer you a relaxed approach to learning more about mortgage loans.

• Constancy: We want to be transparent to our clients. We will provide you with all the details beforehand. We also involve you in the loan selection process using the whole-of-market approach that allows you to go through different lending options in the present market and understand the industry values to understand the loan you need. We also do this to offer you a 99% mortgage approval of the mortgage you need.

• Completeness: We are financial experts who will look after your special financial needs and offer you the right solutions to enhance your loan affordability. With this step, your loan deal will be finalised and delivered to your account.

However, we have got something important to talk about.

How We Help You in Getting a Mortgage Loan with Poor Credit Score?

We can make this as simple as you want it to be.

A poor credit score can be a reality. It does not mean that your hopes are lost…at least not with MyLenderLoans.

Many have a poor credit score of 600. Some may have a bad credit score of 561. It does not mean a poor credit score can become a hurdle for a mortgage. However, you must clear a confusing element at first. Keep in mind that there is nothing called a no credit check mortgage.

Of course, we do not put much focus on your credit score, but again it has to be checked. We stick to making a soft credit check, which evaluates your credit score to understand your credit card transactional behaviour. It does not necessarily affect the lending services we offer.

Consider the table below to learn what you need to do:

Use the Bad Credit Mortgage Calculator	Check Your Income Statement
Sometimes, mortgages with bad credit come with high interest. Use a mortgage repayment calculator in Ireland to determine these mortgage rates and repayment terms to find out your mortgage affordability.	You must have a strong income statement, which ultimately will help you get an advanced chance in managing mortgage affordability. Do produce the income proof and the experience letter from your employer.
Get a Guarantor.	Make a Down Payment
You might need a guarantor in case of a very bad credit score. Again, the guarantor needs to provide evidence of financial stability so that a mortgage can be lent.	If you make a down payment of 10% of your property value, then the chances of getting a mortgage even with a bad credit score become a reality.

Are you a first time borrower? We have got some RELAXING news for you:

First-time borrowers can be at ease for a variety of reasons. First, they need not worry about a bad credit score. Even if they have such a credit score, they might be eligible for a fixed-rate mortgage in Ireland.

• If you are a first-time borrower and have not taken a loan with your credit card, you might not need to worry about a credit score.
• Even if you have a bad credit score, a larger down payment can get you a better loan deal.
• Always try to be more interactive with us because we can run a check on all the concerned points and give you the most suitable solution.

How Long Does It Take to Get Mortgage Approval for a Commercial Purpose?

It is time you take a mortgage loan in the next step. Many in Ireland take out a mortgage loan for business reasons. It is true that a real estate property is meant for more than just domestic purposes. You might need:

• A new office for managing your brand
• A retail store outlet
• Probably a clinic
• A school or educational institution
• Maybe a financial institution like us
• A building for a new hotel
• Or a Logistics warehouse

And many more…

These kinds of mortgages are often known as buy to let mortgages. It means a simple mortgage that you use for buying a property. In such a way, you are using an existing asset as collateral to purchase or own another asset. Lenders call it one of the smartest ways to purchase a real estate property. It is because:

• You get access to cash immediately at a low-interest rate.
• You get borrowing freedom as you get to choose an amount.
• You can finalise your deal instantly, as a real estate deal feels painful if you miss an affordable opportunity.

You can use the advanced loan calculator and stamp duty calculator to learn more about the purchase options of a property you have in mind using a mortgage.

Wondering what might be the right lending option to purchase one of these properties?

Surely, it will be a mortgage loan, which we also provide.

Instead of searching here and there on How Long Does It Take to Get Mortgage Approval, you just need to click the ‘apply now’ button and get the most suitable mortgage loan we offer you.

As mentioned earlier, the application procedure is the same. You just need to add the following details since you are taking out a mortgage this time for a more commercial purpose.

How MyLenderLoans Make Taking out a Mortgage in Ireland USEFUL for you?

“We know the loans out there in the market and then we know your special requirements. It is our job to make both ends meet…EFECTIVELY.”

Our company has been there in the industry of mortgages for many years serving people from the neighbourhood to the corporate spheres. We know the industry standards and the market data regarding mortgages in Ireland, and we bring that data to you for a more accurate understanding of these kinds of loans.

You may ask why we are special, and that is why you are here, reading this point. Well, we can give you the answer below:

• We Are Not Limited to an Area

  We don’t have any bias regarding the area you are in. You can stay in Ireland, Ennis, or an Irish village, and the loan facility will be given to you. We are the next generation lender who defines lending practices by justified and uniform actions of support and cooperation. Wherever you stay, we are going to be there for you.

• MEET YOUR GOALS with our FREE GUIDANCE

  People do not know about all the facts regarding a mortgage loan as a mortgage loan is a vast subject to study on. We are direct lenders who have been dealing with mortgages and personal loans for years, and we genuinely put that into action in the form of guidance and advice for our clients.

  • We determine your current financial behaviour.
  • We make a soft credit check to understand your financial status extensively.
  • We assess the collateral value and the property held against the mortgage loan.
  • We understand the quality and the degree of your present financial needs.
  • We also use the whole-of-market approach, which naturally brings you the lowest fixed mortgage rates in Ireland to help you with a comfortable and timely repayment.

• We Keep Your Goals as Ours

  MyLenderLoans works together to solve a problem. We are proud to say that we do it together and work with each other to develop a UNIQUE solution to enhance the borrowing experience and give you that borrowing space to choose a loan that ultimately works out for you.

“If it is a mortgage you need, know that we’ll do more than just having you covered.”