26 May 2023
Why to Choose a Connect Credit Union Mortgage
Buying a home can be one of the more stressful times in a person’s life. When you’ve finally found the home of your dreams, your thoughts will quickly turn to where you can source the funds to buy it. Like so many people across Ireland, you may have built up your mortgage deposit by saving in the credit union. You’ll now be happy to hear that Connect Credit Union are now offering mortgages to our members.
If you are shopping around for a mortgage provider, here are 7 reasons why a mortgage from Connect Credit Union might be the right option for you:
1. You’ll be dealing with an organisation based in your community which you know and trust.
Credit unions such as Connect Credit Union constantly go above and beyond for their members. In fact, Irish credit unions hold a world record for customer experience! We have been ranked the number one organisation for customer experience in the CXi Ireland Customer Experience study for seven consecutive years.
2. Mortgage Decisions Made at Local Level
Your mortgage decision will be made at local level, not in some remote banking headquarters. You’ll be dealing with people who understand the local area and the challenges faced by local people. At Connect Credit Union we also accept applications for small mortgages, something your not so local bank may not be as happy to entertain.
3. You will have a Dedicated Mortgage Officer
You can deal directly with your local credit union, rather than going through an intermediary. At Connect Credit Union we focus on promoting mortgages directly to our members. When you are applying for a mortgage, you’ll be dealing directly with our dedicated mortgage officer Aoiffe who is motivated to make the process as straight forward and stress free as possible for you. You will have a direct point of contact to support you at every stage of the mortgage process and help you towards getting a positive outcome.
4. You'll be Supporting Local
If you choose Connect Credit Union for your next mortgage, you’ll be helping to break the stranglehold which Irish banks have on the mortgage market. Ireland’s three pillar banks share 70% of the mortgage market with the remainder primarily held by KBC and Ulster Bank, which are exiting the market.
By choosing your local credit union for your next mortgage application, not alone will you reap the benefits of the exceptional member service which credit unions provide, you’ll also be giving your business to a not-for-profit community-based institution, that’s motivated to help you.
5. Straight Forward, Competitive Rates
Connect Credit Union offer straightforward, competitive mortgage rates, which are set at local level. We don’t try to hoodwink you with an introductory offer or try to win your business with a view of ramping up the rates in subsequent years. Instead, we provide a three year rate guarantee with our standard 'Mortgage Rate' and lower 'Green Mortgage Rate', whilst painting a clear picture of your total repayments over the term of the mortgage.
6. Full financial Suite from Connect Credit Union
Connect Credit Union can now help you with most or all your financial needs. This reduces the likelihood of you having to go to a bank for other financial services. As well as mortgages, we now offer a full range of banking services with access to current accounts, business lending, loans for home energy upgrades to your first car and everything in between.
In addition, Connect Credit Union have digitised our services which allows members to carry out their financial needs, without having to visit a credit union branch.
7. You’re a Part Owner of Connect Credit Union
You’ll be dealing with a financial institution that, as a member, you actually own and one which is on hand to help you with your financial needs through at all life stages. So whether you’re buying or building your first home, trading up or down or you’re thinking about switching your mortgage, Connect Credit Union is on hand to help.
Find out more on our mortgages product by clicking here