CONNECT CREDIT UNION RE-LAUNCH MORTGAGE LENDING

Connect Credit Union is pleased to announce the re-launch of its mortgage lending services, marking an important milestone in the expansion of financial supports available to members across the North East.

This development follows recent changes to lending restrictions introduced by the Central Bank of Ireland, allowing Credit Unions to play a greater role in supporting home ownership.

The reintroduced mortgage offers highly competitive rates, including a Green Mortgage rate and Standard Mortgage rate. Members can apply for loans of up to €350,000, with repayment terms of up to 35 years, providing flexible and affordable homeownership options.

As part of the service, each applicant will be supported by a dedicated Mortgage Officer, who will guide members through every stage of the process, from application to drawdown.

Welcoming the announcement, Norman McDonnell, CEO of Connect Credit Union, said:

“We are delighted to once again offer mortgage lending to our members. The easing of Central Bank restrictions allows us to support our local community even further, which is what Credit Unions do best. Buying a home is one of the most significant decisions a person will make, and we are proud to support our members at such an important milestone.”

Aoiffe Crudden, Lending Manager at Connect Credit Union, added:

“Our focus is on making the mortgage process as clear, supportive, and straightforward as possible. Members will have direct access to a dedicated Mortgage Officer who understands their individual circumstances and will guide them every step of the way. We’re delighted to once again help members turn their home-ownership goals into a reality.”