Tipperary Credit Union is delighted to announce the launch of our new Standard Mortgage Product, offering welcome support for home buyers and mortgage switchers.
With a competitive variable rate of 3.85%, capped at 4.4% for the first three years, this product combines repayment certainty with the flexibility of a variable mortgage — giving members the confidence and stability they need on their home-buying journey.
Speaking about developments in the sector, the Minister of State with responsibility for Financial Services, Credit Unions, and Insurance, Robert Troy, TD, recently highlighted the value of innovation within credit union lending:
“As trusted, community-based organisations, credit unions hold a unique place in Irish life. The recent decision of the Central Bank to increase credit union lending limits supports greater market competition. The introduction of innovative mortgage products will be welcomed by both first-time buyers and mortgage switchers. I warmly congratulate those credit unions involved.”
The Minister also noted the wider context:
“Government is prioritising investment in housing to increase viability and supply. Broader mortgage infrastructure and competition are essential in ensuring buyers have access to competitive finance.”
Commenting on the launch, Tipperary Credit Union’s Head of Lending said:
“We are thrilled to bring a new mortgage option to our members, who continually tell us they want more choice in the mortgage market.
At Tipperary Credit Union, we listen — and this product is one more way we are supporting our members on their home ownership journey.”
“Unlike many other lenders, mortgage decisions are made locally by your credit union team. We have also made the application process as streamlined as possible because we know buying a home can be stressful and switching can be a hassle. Applicants can expect a fast, fair, and considered decision.”
For more details on our new Standard Mortgage Product, we invite members to contact us or visit our mortgage information page.