A Rebuilding Ireland Home Loan is a new Government backed mortgage for first time buyers. It has been available nationwide from all local authorities from 1st February 2018. You can borrow up to 90% of the market value of the property. Maximum market values of the property that can be purchased or selfbuilt are show in the graphic to the left.

To be eligible for a Rebuilding Ireland Home Loan you must:

  • be a firsttime buyer
  • be aged between 18 and 70 years
  • be in continuous employment for a minimum of two years, as a primary applicant or be in continuous employment for a minimum of one year, as a secondary applicant
  • have an annual gross income of not more than €50,000 as a single applicant or not more than €75,000 combined as joint applicants submit two years certified accounts if selfemployed
  • provide evidence of insufficient offers of finance from two banks or building societies
  • not be a current or previous owner of residential property in or outside the Republic of Ireland
  • occupy the property as your normal place of residence j purchase or selfbuild a property situated in the Republic of Ireland of no more than of 175 square metres (gross internal floor area)
  • purchase or selfbuild a property which does not exceed the maximum market value applicable for the county in which it is located consent to an Irish Credit Bureau check

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