Independent Expert Advice
GWD Financial Services have an excellent intermediary relationship which gives us the advantage of knowing the exact lending criteria for each institution, the rates available and how best to approach them. Whether you are a first time buyer, refinancing or building your own home contact us and we will help structure and package an application that will best suit your particular circumstances. We will then negotiate the best mortgage for you from a wide range of lenders.
A mortgage is a long-term loan that is secured against a property. Taking out a mortgage will probably be the single biggest financial decision you will ever make. As it is the longest financial commitment you will ever enter into, it is important to choose the right mortgage and mortgage lender
There are two main types of mortgage:
• Annuity (or repayment mortgage). Click for More»
Each of your monthly mortgage repayments are comprised of interest and capital. Initially a large proportion of the repayments are used to pay interest and later in the mortgage term greater amounts of the repayment are used to pay the capital on your mortgage. When your mortgage term has expired the total amount of capital and interest is paid off.
• Interest only mortgage. Click for More»
With this type of mortgage, your monthly repayment covers only the interest on your loan and not the capital. This interest only option is available for a fixed term, during this term the original amount you borrowed remains the same.
Please note that the above mortgage types are available on residential, investment and commercial mortgages.
Contact Clodagh Watkins or Joanne Daly on 01 8409815 to arrange your free consultation.
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Albany House, Main Street, Swords, Co. Dublin. Telephone: 01 8409815 Fax: 01 8407781.