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Avant now offering €2000 cash back to cover legal fees for switchers.
Compare the full Irish market to see what you can afford.
About Avant Money
Avant Money is a very renowned lender in Ireland that has been offering personal loans and credit cards. They have been offering loans for the last 20 years through Avant Card. The Spanish banking group known as Bankinter is the current owner of Avant Money.
Avant Money is the first lender to offer a fixed mortgage rate for a period of 30 years. They also offered low rates, such as 1.95%, on borrowers with the lowest LTV bands. Many borrowers are flooding Avant Money due to their competitive rates and ideal mortgage products.
Avant Money Mortgage Products in 2023
Avant Money are the only lender in Ireland to offer a 25 and 30-year fixed mortgage rate.
They offer their mortgages to first-time home buyers, switchers, and home movers. However, they don’t offer self-build mortgages and buy-to-let mortgages. They can also offer mortgages for people who want to renovate their homes.
Avant Money also offers incredible deals on its long-term fixed mortgage products. The one mortgage product has the lowest mortgage rates on the market. They are the only lender with fixed terms up to 30 years. If you want certainty about how much you will pay for the entire period of 30 years, you can select this type of long-term mortgage product.
The best mortgage product that Avant Money offers is their 3-year fixed rate with the following rates:
| Term | |||
|---|---|---|---|
| 3 | |||
| LTV | 50% | 3.85% | |
| 60% | 3.85% | ||
| 70% | 3.9% | ||
| 80% | 4% | ||
| 90% | 4.05% | ||
Avant Money
Approval Credit Policy?
Avant Money is known to have a stringent credit policy. If you have a bad credit history or outstanding secured, unsecured loans, Avant Money might not be your best option. The lender is also quite strict in checking the deposits you have made for your Mortgage. They need to ensure that your deposit is not from a bank or family.
To check whether you qualify for a mortgage with Avant Money, you can use the services of a mortgage broker. The Central Bank of Ireland regulates mortgage brokers in Ireland to offer the best financial advice to all Irish consumers.
Avant Money
Strategy
One of the most remarkable strategies of Avant Money is to offer the lowest mortgage rates in the market. Their follow-on rates are also quite affordable compared to the other variable mortgage rates given by other lenders in Ireland. Since they are the first lender in Ireland to offer a standard fixed-rate covering 30 years, they are ideally the most competitive in the Irish mortgage market.
Pros of Avant Money Mortgages
Competitive mortgage rates
Avant Money has some of the lowest fixed rates in the market, as low as 3.85%. The rates are ideal for first-home buyers, switchers, and people looking to renovate their homes. They are also the only lender offering long-term fixed mortgages for up to 30 years.
Customized for your Needs
It is possible to repay the Mortgage via terms up to 30 years. You can select the fixed rate options depending on your preference.
10% Overpayment Allowed
You are given the option to pay an average of 10% allowance every year. The overpayment ensures that you save money and repay your mortgage as soon as possible.
Selected Brokers
All mortgage products are exclusively available via brokers who offer the best advice on mortgage products. They will help you select the best mortgage product to suit your need.
Cons of Avant Money Mortgage Products
The mortgages are not available in all regions
They don’t offer mortgages for self-builds
Have a stringent credit policy
Although Avant Money has a stringent credit policy
they are undeniably the best mortgage lender in the market; they offer competitive rates on their short-term, medium, and long-term mortgage products. You can also take advantage of their mortgage brokers, who advise you on the best mortgage products that suit your budget.
Pros of Avant Money Mortgages
Competitive mortgage rates
Avant Money has some of the lowest fixed rates in the market, as low as 3.85%. The rates are ideal for first-home buyers, switchers, and people looking to renovate their homes. They are also the only lender offering long-term fixed mortgages for up to 30 years.
Customized for your Needs
It is possible to repay the Mortgage via terms up to 30 years. You can select the fixed rate options depending on your preference.
10% Overpayment Allowed
You are given the option to pay an average of 10% allowance every year. The overpayment ensures that you save money and repay your mortgage as soon as possible.
Selected Brokers
All mortgage products are exclusively available via brokers who offer the best advice on mortgage products. They will help you select the best mortgage product to suit your need.
Cons of Avant Money Mortgage Products
The mortgages are not available in all regions
They don’t offer mortgages for self-builds
Have a stringent credit policy
Although Avant Money has a stringent credit policy
they are undeniably the best mortgage lender in the market; they offer competitive rates on their short-term, medium, and long-term mortgage products. You can also take advantage of their mortgage brokers, who advise you on the best mortgage products that suit your budget.
GREAT FIT FOR EVERYONE
Who is it for?
Switchers
With our great switching rates you
will save thousands of euros, so start
saving now
New homeowners
Getting a mortgage can be a scary
experience for a First Time Buyer, don’t
worry we have your back on this.
Movers
Looking to trade up? Let’s figure out
how to make that next move as cheap
as possible with our Best Rates
THE BEST PRODUCTS FOR SWITCHERS
Why are Avant Money Mortgages
best for a Switcher?
Avant offers the best products for switchers for a few reasons. Firstly, they offer the best mortgage rates for low LTV bands. Switchers tend to have a low LTV as house prices have increased while their mortgage balance will have decreased. Typically, the LTV will drop around 10% over 3 years. This means that switchers can get the lower rates available.
Secondly, they offer great medium/long term products - perfect for those who have 10+ years left on their mortgage and are looking to lock in certainty of payment until the mortgage term ends. Lastly, they have great flexibility that includes capping exit fees and allowing overpayments. In our eyes, Avant Money is best offering for Switchers!
Lastly, they have great flexibility that includes capping exit fees and allowing overpayments. In our eyes, Avant Money is best offering for Switchers!
To see how much you could save check out the payment calculator or Signup and avail of Avant’s great rates!
THE BEST PRODUCTS FOR SWITCHERS
Why are are Avant Money Mortgages
best for a Switcher?
Avant offers the best products for switchers for a few reasons. Firstly, they offer the best mortgage rates for low LTV bands. Switchers tend to have a low LTV as house prices have increased while their mortgage balance will have decreased. Typically, the LTV will drop around 10% over 3 years. This means that switchers can get the lower rates available.
Secondly, they offer great medium/long term products - perfect for those who have 10+ years left on their mortgage and are looking to lock in certainty of payment until the mortgage term ends. Lastly, they have great flexibility that includes capping exit fees and allowing overpayments. In our eyes, Avant Money is best offering for Switchers!
HAVE QUESTIONS
Read our FAQ
You're called Switcheroo.ie but do you help First Time Buyers and Home movers?
Yes, we absolutely do. As long as you are looking to buy a residential property we stand ready to help. We like the name Switcheroo as you are switching home if you are a mover and even if you are a buyer you are switching from tenant to homeowner!!!
What’s the best mortgage I can get?
That’s a question we hear a lot but there is no simple answer to this. There are a number of factors to this which both you and we need to consider when you are thinking of getting a mortgage.
Mortgages come with different terms and banks use different criteria to establish who they lend to, how much and at what rate. Don’t stress too much! You can find out pretty quickly to see if it’s worth your while. From there we will guide you through the process and make sure you get the right mortgage for you and make the process as simple as possible.
If I am a switcher how much can I save?
The Central Bank of Ireland published research that showed that many existing mortgage holders can save over €10,000 euros by switching their mortgage. It will depend on your specific circumstances but just 20 seconds on our calculator will show you what its worth for you to switcheroo.
What documents will you need from me?
Initially, none. The first step is for you to take our Financial Health Check in your secure customer portal. This will help us understand your circumstances and see if you are mortgage fit but we don’t need documentation at that stage. Only later when we move on to preparing your submission to a lender, will we need to make sure that your information is accurate, and we’ll need documentation from you then. Those include proof of your identity, income, utility bills with proof of address, as well as things like visa status where it applies. We’ll always make it clear exactly what we need and why.
Do you perform credit checks?
Our job is to make sure that you have the best possible chance of being accepted. So, we perform our own affordability check before sending anything to a lender. This leaves no footprint on your credit history.
I want to switcheroo, what’s next?
On our website there are calculators that will help you figure out what you can save or what your mortgage would cost. From there you’ll need to register into your customer portal so we can perform a Financial Health Check on you to assess what you can afford.
If all is well, we will then ask for more details on your current circumstances and the specifics of the house you want to mortgage.
Usually, this shouldn’t take more than 60 minutes, and you’ll be one step closer to a mortgage. At this point, you can have a phone call with one of our mortgage experts. They will answer any questions you have and tell you exactly what documents you’re going to need. From there, the expert team will guide you through the application process and keep you updated on progress. You can check progress online and we will keep you updated along the way.
What does Switcheroo.ie do with my data?
It’s all explained in our privacy policy, but basically: we won’t spam you and we won’t pass on your data to other companies so that they can spam you. We hate that.
How does Switcheroo.ie make money?
Yep, we don’t charge any commission. If you get a mortgage using Switcheroo.ie, the lender you use pays us a commission. Some intermediaries charge you an additional commission but not us, we are free forever. These commission never affect our advice. Our reputation and livelihood depend on us always giving our customers the best possible advice. The important bit is we’ll never charge you a penny.
HAVE QUESTIONS
Read our FAQ
You're called Switcheroo.ie but do you help First Time Buyers and Home movers?
Yes, we absolutely do. As long as you are looking to buy a residential property we stand ready to help. We like the name Switcheroo as you are switching home if you are a mover and even if you are a buyer you are switching from tenant to homeowner!!!
What’s the best mortgage I can get?
That’s a question we hear a lot but there is no simple answer to this. There are a number of factors to this which both you and we need to consider when you are thinking of getting a mortgage.
Mortgages come with different terms and banks use different criteria to establish who they lend to, how much and at what rate. Don’t stress too much! You can find out pretty quickly to see if it’s worth your while. From there we will guide you through the process and make sure you get the right mortgage for you and make the process as simple as possible.
If I am a switcher how much can I save?
The Central Bank of Ireland published research that showed that many existing mortgage holders can save over €10,000 euros by switching their mortgage. It will depend on your specific circumstances but just 20 seconds on our calculator will show you what its worth for you to switcheroo.
What documents will you need from me?
Initially, none. The first step is for you to take our Financial Health Check in your secure customer portal. This will help us understand your circumstances and see if you are mortgage fit but we don’t need documentation at that stage. Only later when we move on to preparing your submission to a lender, will we need to make sure that your information is accurate, and we’ll need documentation from you then. Those include proof of your identity, income, utility bills with proof of address, as well as things like visa status where it applies. We’ll always make it clear exactly what we need and why.
Do you perform credit checks?
Our job is to make sure that you have the best possible chance of being accepted. So, we perform our own affordability check before sending anything to a lender. This leaves no footprint on your credit history.
I want to switcheroo, what’s next?
On our website there are calculators that will help you figure out what you can save or what your mortgage would cost. From there you’ll need to register into your customer portal so we can perform a Financial Health Check on you to assess what you can afford.
If all is well, we will then ask for more details on your current circumstances and the specifics of the house you want to mortgage.
Usually, this shouldn’t take more than 60 minutes, and you’ll be one step closer to a mortgage. At this point, you can have a phone call with one of our mortgage experts. They will answer any questions you have and tell you exactly what documents you’re going to need. From there, the expert team will guide you through the application process and keep you updated on progress. You can check progress online and we will keep you updated along the way.
What does Switcheroo.ie do with my data?
It’s all explained in our privacy policy, but basically: we won’t spam you and we won’t pass on your data to other companies so that they can spam you. We hate that.
How does Switcheroo.ie make money?
Yep, we don’t charge any commission. If you get a mortgage using Switcheroo.ie, the lender you use pays us a commission. Some intermediaries charge you an additional commission but not us, we are free forever. These commission never affect our advice. Our reputation and livelihood depend on us always giving our customers the best possible advice. The important bit is we’ll never charge you a penny.
HOW IT WORKS
Get the 20% better rate in four easy steps
HOW IT WORKS
Get the 20% better rate in
four easy steps
HOW IT WORKS
Get the 20% better rate in
four easy steps
STEP # 1
Sign up to our Free Mortgage Portal
Online 24/7, access your application anytime, anywhere
STEP # 2
Complete your Mortgage Health Check
Our quick affordability models will show you what can afford and what you can save with Switcheroo.ie’s best rates
STEP # 3
Friendly expert support
Chat or video conference with a friendly member of the switcheroo.ie team to confirm what mortgage suits you best
STEP # 4
With you till the end
We handle all the difficult bank interactions and keep you updated until your mortgage completes.
STEP # 1
Register to your
mortgage portal
Online 24/7, access your application
anytime, anywhere
STEP # 2
Complete Your Mortgage
Health Check
Our quick affordability models will show
you what can afford and what you can
save with Switcheroo.ie’s best rates
STEP # 3
Friendly Expert Support
Chat or video conference with a friendly
member of the switcheroo.ie team to
confirm what mortgage suits you best
STEP # 4
With you till the end
We handle all the difficult bank
interactions and keep you updated until
your mortgage completes.
